CEVO - SYSTEM
ActiveCEVO - SYSTEM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €708k and a net result of €128k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 35% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+39
Solvency59▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.95 in 2024; short-term debt: 33.5% and cash: 5.8% of total assets), and 66.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.9%
Return on assets
6.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €708k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
29 d early
2023
28 d early
2022
29 d late
2021
31 d late
2020
29 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€128k
2024 · €-12k
2018: €-79k
2019: €5k
2020: €137k
2021: €-115k
2022: €54k
2023: €18k
2024: €-12k
2018 → 2025
Working capital
€36k
2024 · €-34k
2018: €227k
2019: €194k
2020: €679k
2021: €51k
2022: €56k
2023: €-9k
2024: €-34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€521k-€575k▲ 10.3%€593k▲ 3.2%€581k▼ 2.1%€708k▲ 22.0%
Operating result€-92k-€73k€57k▼ 21.9%€17k▼ 70.3%€208k▲ 1,122%
Net result€-115k-€54k€18k▼ 66.2%€-12k€128k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,122% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.09M
Fixed assets
€1.35M▼ 3.8%
Current assets
€736k▲ 18.9%
Equity and liabilities €2.09M
Equity
€708k▲ 22.0%
Provisions
€34k▼ 14.8%
Debt
€1.35M▼ 4.2%
The debt ratio falls from 69.4% to 64.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€273k▲
2024 · €80k
Cash flow
€193k▲
2024 · €51k
Solvency
33.9%▲
2024 · 28.6%
Current ratio
1.05▲
2024 · 0.95
Quick ratio
0.80▲
2024 · 0.55
Debt / equity
1.90▼
2024 · 2.42
ROE
18.0%▲
2024 · -2.1%
ROA
6.1%▲
2024 · -0.6%
Interest coverage
7.15▲
2024 · 2.26
Debt
€1.35M▼
2024 · €1.41M
Debt ≤ 1 year
€700k▲
2024 · €653k
Debt > 1 year
€641k▼
2024 · €738k
Income taxes
€50k▲
2024 · €56
Staff costs
€519k▲
2024 · €517k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.03M€2.09M▲
Fixed assets21/28€1.41M€1.35M▼
Intangible fixed assets21€15k€8k▼
Tangible fixed assets22/27€1.38M€1.33M▼
Land and buildings22€1.19M€1.16M▼
Plant, machinery and equipment23€34k€35k▲
Furniture and vehicles24€772€1k▲
Leasing and similar rights25€148k€132k▼
Financial fixed assets28€18k€20k▲
Current assets29/58€619k€736k▲
Stocks and contracts in progress3€261k€179k▼
Stocks30/36€261k€179k▼
Amounts receivable within one year40/41€180k€424k▲
Trade receivables40€168k€403k▲
Other amounts receivable41€11k€21k▲
Cash at bank and in hand54/58€172k€122k▼
Deferred charges and accrued income490/1€7k€11k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.09M▲
Equity10/15€581k€708k▲
Contributions10/11€213k€213k=
Capital10€213k€213k=
Issued capital100€213k€213k=
Reserves13€368k€496k▲
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Tax-exempt reserves132€121k€103k▼
Distributable reserves133€226k€372k▲
Provisions and deferred taxes16€40k€34k▼
Deferred taxes168€40k€34k▼
Amounts payable17/49€1.41M€1.35M▼
Amounts payable after more than one year17€738k€641k▼
Financial debts170/4€738k€641k▼
Amounts payable within one year42/48€653k€700k▲
Current portion of amounts payable after more than one year42€100k€97k▼
Financial debts43€291k€291k=
Credit institutions430/8€291k€291k=
Trade debts44€153k€233k▲
Suppliers440/4€153k€233k▲
Taxes, remuneration and social security45€108k€78k▼
Taxes450/3€30k€15k▼
Remuneration and social security454/9€78k€63k▼
Other amounts payable47/48€240€0▼
Accrued charges and deferred income492/3€16k€7k▼
Income statement
Code20242025
Remuneration, social security and pensions62€517k€519k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€65k▲
Other operating charges640/8€12k€12k▲
Gross operating margin9900€609k€803k▲
Operating profit (loss)9901€17k€208k▲
Financial income75/76B€190€2k▲
Recurring financial income75€190€2k▲
Financial charges65/66B€36k€38k▲
Recurring financial charges65€36k€38k▲
Profit (loss) for the period before taxes9903€-18k€171k▲
Transfer from deferred taxes780€6k€6k=
Income taxes67/77€56€50k▲
Profit (loss) for the period9904€-12k€128k▲
Transfer from tax-exempt reserves789€18k€18k=
Profit (loss) for the period to be appropriated9905€5k€146k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€146k▲
Transfer to equity691/2€5k€146k▲
To the legal reserve6920€0-
To other reserves6921€5k€146k▲
Social balance
Average headcount (FTE)908712.49.9▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €128k
Net result €128k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-115k ▼184%
Net result drops to €-115k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €137k ▲2622%
Net result €137k, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Juprelle · 2 establishment units since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée Brunehault 3074453 JuprelleGround area
5,343 m²
Building footprint
4,225 m²
Parcel 71363C0983/00L000, Flanders. Linked by address, not a title deed.
2 establishment units
CEVO SYSTEM
since 19872.102.631.188
CEVO SYSTEM
since 20042.143.239.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C0983/00L000 | Flanders | 5,343 m² | 1 · 4,225 m² | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 3,173 EUR awarded · 3,173 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,117 EUR | 2,117 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 56 EUR | 56 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
17 categoriesCEVO - SYSTEM SA22576
Dual-learning approval
4 live approvals · 5 endedHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Similar companies · same sector, comparable size
SMEDERIJ RABAEY
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ROCHEFORTOISE LOUIS METAL
BE 0471.454.147
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SMEETS LASWERKEN
BE 0832.722.234
Hechtel-Eksel · Eq €706k
G&D CONSTRUCT
BE 0465.565.455
Sint-Katelijne-Waver · Eq €706k
TORFSCONSTRUCT
BE 0425.165.648
Sint-Katelijne-Waver · Eq €705k
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1987
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
41003General construction of other non-residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45213
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.