Société Centrale de Gestion
ActiveSummary
Société Centrale de Gestion has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.14M and a net result of €85k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 87% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 4.54 against 5.38 in 2024; short-term debt: 17.1% and cash: 18.4% of total assets), and 17.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
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
82.8%
Return on assets
2.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
6 d early
2022
21 d early
2021
11 d late
2020
3 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 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
€85k
2024 · €-38k
2018: €194k
2019: €170k
2020: €244k
2021: €440k
2022: €223k
2023: €118k
2024: €-38k
2018 → 2025
Working capital
€2.30M▲ 15.9%
2024 · €1.98M
2018: €1.33M
2019: €1.32M
2020: €1.73M
2021: €933k
2022: €1.36M
2023: €1.72M
2024: €1.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.15M-€3.18M▲ 0.7%€3.10M▼ 2.6%€3.06M▼ 1.2%€3.14M▲ 2.8%
Operating result€650k-€363k▼ 44.1%€223k▼ 38.7%€-28k€171k
Net result€440k-€223k▼ 49.3%€118k▼ 47.3%€-38k€85k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €171k after a loss of €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.79M
Fixed assets
€846k ▼ 21.4%
Current assets
€2.95M ▲ 21.0%
Equity and liabilities €3.79M
Equity
€3.14M ▲ 2.8%
Debt
€652k ▲ 43.0%
Debt's share of the balance-sheet total rises from 13.0% to 17.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€538k▲
2024 · €376k
Cash flow
€452k▲
2024 · €365k
Current ratio
4.54▼
2024 · 5.38
Debt to equity
0.21▲
2024 · 0.15
ROE
2.7%▲
2024 · -1.2%
ROA
2.2%▲
2024 · -1.1%
Interest coverage
93.22▲
2024 · 65.50
Debt ≤ 1 year
€649k▲
2024 · €453k
Income taxes
€101k▲
2024 · €48k
Staff costs
€2.76M▲
2024 · €2.46M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.51M€3.79M▲
Fixed assets21/28€1.08M€846k▼
Intangible fixed assets21€242k€781▼
Tangible fixed assets22/27€778k€786k▲
Land and buildings22€425k€407k▼
Plant, machinery and equipment23€317k€257k▼
Furniture and vehicles24€30k€117k▲
Other tangible fixed assets26€6k€6k=
Financial fixed assets28€56k€59k▲
Current assets29/58€2.44M€2.95M▲
Amounts receivable after more than one year29€42k€42k=
Other amounts receivable291€42k€42k=
Amounts receivable within one year40/41€1.94M€2.17M▲
Trade receivables40€187k€955k▲
Other amounts receivable41€1.75M€1.22M▼
Cash at bank and in hand54/58€428k€700k▲
Deferred charges and accrued income490/1€30k€32k▲
Equity and liabilities
Total equity and liabilities10/49€3.51M€3.79M▲
Equity10/15€3.06M€3.14M▲
Contributions10/11€1.86M€1.86M=
Capital10€1.86M€1.86M=
Issued capital100€1.86M€1.86M=
Revaluation surpluses12€877k€877k=
Reserves13€186k€186k=
Non-distributable reserves130/1€186k€186k=
Legal reserve130€186k€186k=
Profit (loss) carried forward14€135k€219k▲
Amounts payable17/49€456k€652k▲
Amounts payable within one year42/48€453k€649k▲
Trade debts44€134k€73k▼
Suppliers440/4€134k€73k▼
Taxes, remuneration and social security45€313k€574k▲
Taxes450/3€6k€199k▲
Remuneration and social security454/9€307k€375k▲
Other amounts payable47/48€6k€2k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2.46M€2.76M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€403k€368k▼
Other operating charges640/8€264k€310k▲
Gross operating margin9900€3.10M€3.60M▲
Operating profit (loss)9901€-28k€171k▲
Financial income75/76B€43k€21k▼
Recurring financial income75€43k€21k▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€10k€186k▲
Income taxes67/77€48k€101k▲
Profit (loss) for the period9904€-38k€85k▲
Profit (loss) for the period to be appropriated9905€-38k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€219k▲
Profit (loss) brought forward from the previous period14P€173k€135k▼
Social balance
Average headcount (FTE)908718.820.9▲
The notes to these accounts (13 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-38k ▼132%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
31-12
Financial
Highest result since 2018net €440k ▲80.7%
Operating result €650k, net result €440k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
22 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, Elsene · 1 establishment unit since 1956
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.
Marsveldplein 21050 ElseneGround area
2,267 m²
Building footprint
1,401 m²
Volume, LiDAR
31,244 m³
2 parcels, Brussels · tallest building 90.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Marsveldplein 2, 1050 Elsene
since 19562.005.653.360
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0773/00F002 | Brussels | 1,983 m² | 1 · 1,207 m² | 32.3 m · 9 fl. |
| 21009A0773/00G002 | Brussels | 284 m² | 1 · 195 m² | 90.2 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,267 companies in sector 69209 we hold annual accounts for 1,098. 353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1957
Fiscal year end31-12
Abbreviation FR
Centrages
Activities, NACEBEL 2025
64210Activities of holding companies
69209Other tax advisory services
70200Business and other management consultancy
74999Other professional, scientific and technical activities
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.