BUREAU D'EXPERTISES CEDAL

Active

Private limited companyfounded 1984active for 42 yearsEntre deux Terres,Faymonville 14, 4950 Waimes, BelgiumKBO/BCE: BE 0425.835.740

From the official registers: KBO 40 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BUREAU D'EXPERTISES CEDAL has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,503 and a net result of -€16,052. Equity has been stable since 2018 (±0.7% per year). Its solvency ranks better than 68% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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BUREAU D'EXPERTISES CEDALActiveChecked score 93/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 01-06-1984 Normal situation
Legal form: Private limited company
Registered office: Entre deux Terres,Faymonville 14, 4950 Waimes
Activity: Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
Establishment unit: 2.025.178.668 4950 Waimes, since 01-06-1984
Financial year end: 31 December
Peppol: Reachable since 15-09-2025

Company details

Board and ownership

Board

GRAFF Jean-Marie Joseph CharlesDirector

Board & ownership

Financial position

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Turnover: €390,687; ▼ 7.6%
Loss: €16,052
Equity: €165,503; ▼ 8.8%
Total assets: €262,933; ▲ 15.2%
Staff: ≈ 2 FTE; estimated

2025 accounts filed 10 days after the deadline

Filed on 10-08-2026at the National Bank

Financials

Score breakdownraises riskLoss of €16,052 (financial year 2025)Last filed accounts filed 10 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.51, cash €193,452Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 45% of micro companies in architecture and engineering (NACE 71)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 88-12

equity 62.9% of total assets

Liquidity 84-11

short-term debt 35.6% · cash 73.6%

Profitability 12-63

return on assets -6.1%

Bankruptcy probability within 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,826 companies, NACE 71, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €15,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.51 (4.71 in 2024), above the usual 1.5. Short-term debt is 35.6% and cash 73.6% of total assets. 37.1% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 61% of them on solvency, 74% on liquidity, 12% on profitability and 33% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Liquidity: current ratio 2.51, cash €193,452

NBB · annual accounts

Loss of €16,052 (financial year 2025)

NBB · annual accounts

Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)

KBO

Last filed accounts filed 10 days late; 1 of the last 3 accounts late

NBB · filings

2025 accounts filed 10 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

10 days late

2024

15 days late

2023

51 days late

2022

78 days late

2021

97 days late

2020

24 days late

2019

45 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 46 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 September (4 of the last 5 filed years within 42 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Oldest company in Waimes, Professional and technical services sectorin the Checked rankings No. 1 View

Documents

Key facts about BUREAU D'EXPERTISES CEDAL

What is the company number of BUREAU D'EXPERTISES CEDAL?: The company number of BUREAU D'EXPERTISES CEDAL is 0425.835.740. The VAT number is the same number with BE in front: BE 0425.835.740.
Where is BUREAU D'EXPERTISES CEDAL based?: The registered office is at Entre deux Terres,Faymonville 14, 4950 Waimes.Company details
What does BUREAU D'EXPERTISES CEDAL do?: According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of BUREAU D'EXPERTISES CEDAL?: The legal form of BUREAU D'EXPERTISES CEDAL is Private limited company (BV).
When was BUREAU D'EXPERTISES CEDAL founded?: BUREAU D'EXPERTISES CEDAL was founded on 01-06-1984.
Is BUREAU D'EXPERTISES CEDAL still active?: Yes, BUREAU D'EXPERTISES CEDAL is an active enterprise in the KBO register.
How many employees does BUREAU D'EXPERTISES CEDAL have?: BUREAU D'EXPERTISES CEDAL had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of BUREAU D'EXPERTISES CEDAL?: The turnover of BUREAU D'EXPERTISES CEDAL was €390,687 in financial year 2025, according to the filed annual accounts.
Is BUREAU D'EXPERTISES CEDAL profitable?: In financial year 2025, BUREAU D'EXPERTISES CEDAL made a loss of €16,052.
Where can I find the annual accounts of BUREAU D'EXPERTISES CEDAL?: BUREAU D'EXPERTISES CEDAL filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BUREAU D'EXPERTISES CEDAL due?: BUREAU D'EXPERTISES CEDAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as BUREAU D'EXPERTISES CEDAL: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €226,000 and €336,000, founded between 1979 and 1993.

Company	Total assets	Gross margin
BUREAU D'EXPERTISES CEDAL Waimes	€262,933	€140,708
BUREAU VOOR CONSTRUCTIES EN VEILIGHEID Wortegem-Petegem	€225,573	-
GRAPHICOMP Maldegem	€278,477	€116,337
Euromatic Office and Industrial Automation Anderlecht	€262,744	€129,124
Bureau d'Etudes RADIAN Thimister-Clermont	€333,169	€141,695
DEVELOPPEMENT ET DISTRIBUTION INFORMATIQUE Herstal	€265,172	€107,341
H. BERG & associés Eupen	€336,496	€150,874