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C.A.E.

Active
Private limited companyfounded 2020active for 6 yearsBrusselsesteenweg 91-93, 1500 Halle, BelgiumKBO/BCE: BE 0748.692.322
Summary

C.A.E. has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,252 and a net result of €7,421. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 52% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€37,081total assets 2025
Equity
€13,252
Profit
€7,421
Turnover not published (micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts filed 31 days late2 deeds in the Belgian Official Gazette
Why 68raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateSize: total assets €37,081Founded in 2020lowers riskLiquidity: current ratio 1.22, cash €17,233Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 76% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 61+24
equity 35.7% of total assets
Liquidity 66+15
short-term debt 64.3% · cash 46.5%
Profitability 94+89
return on assets 20.0%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,242 companies, NACE 47, micro)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.1%▼ -0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025 10-2025: 1.9%▲ +0.1 percentage points vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.8%▼ -0.1 percentage points vs 12-2025 02-2026: 1.9%▲ +0.1 percentage points vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.1%▼ -1.5 percentage points vs 08-2026lowest value 10-2026: 1.1%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 0.92 in 2024, below the usual 1.5; short-term debt: 64.3% and cash: 46.5% of total assets), and 64.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 51% on solvency, 73% on liquidity, 88% on profitability and 94% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.22, cash €17,233
NBB · annual accounts
raises risk · Size: total assets €37,081
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filings
Deviation from the deadline
2025
31 days late
2024
31 days late
2023
30 days late
2022
31 days late
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 24 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · 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 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €7,421
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488531.

Equity
€13,252▲ 127%
2024 · €5,831
Total assets
€37,081▼ 22.1%
2024 · €47,585
Net result
€7,421
2024 · -€5,088
Working capital
€5,315
2024 · -€3,527
Trend over the years

2021 to 2025, 5 financial years

The operating result returns to profit in 2025: €9,269 after a loss of €4,151 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€9,269 2025 Net result€7,421 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€9,299-€1,328▼ 85.7%€3,238▲ 144%-€4,151€9,269
Net result€6,152within the sector's middle half-€513within the sector's middle half▼ 91.7%€1,253within the sector's middle half▲ 144%-€5,088below the sector's middle half€7,421within the sector's middle half
Equity€9,152within the sector's middle half-€9,665within the sector's middle half▲ 5.6%€10,918within the sector's middle half▲ 13.0%€5,831within the sector's middle half▼ 46.6%€13,252within the sector's middle half▲ 127%
Total assets€36,554below the sector's middle half-€35,638below the sector's middle half▼ 2.5%€45,293below the sector's middle half▲ 27.1%€47,585below the sector's middle half▲ 5.1%€37,081below the sector's middle half▼ 22.1%
Debt€27,402-€25,973▼ 5.2%€34,375▲ 32.3%€41,754▲ 21.5%€23,829▼ 42.9%
Working capital-€1,546within the sector's middle half--€62within the sector's middle half▲ 96.0%€1,065within the sector's middle half-€3,527within the sector's middle half€5,315within the sector's middle half
Solvency25.0%within the sector's middle half-27.1%within the sector's middle half▲ 2.1pp24.1%within the sector's middle half▼ 3.0pp12.3%within the sector's middle half▼ 11.9pp35.7%within the sector's middle half▲ 23.5pp
Current ratio0.94within the sector's middle half-1.00within the sector's middle half▲ 0.051.03within the sector's middle half▲ 0.030.92within the sector's middle half▼ 0.121.22within the sector's middle half▲ 0.31
Return on assets (ROA)16.8%above the sector's middle half-1.4%within the sector's middle half▼ 15.4pp2.8%within the sector's middle half▲ 1.3pp-10.7%below the sector's middle half▼ 13.5pp20.0%above the sector's middle half▲ 30.7pp
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,081
Fixed assets €7,937 ▼ 15.2%
Current assets €29,144 ▼ 23.8%
Equity and liabilities €37,081
Equity €13,252 ▲ 127%
Debt €23,829 ▼ 42.9%
Debt's share of the balance-sheet total falls from 87.7% to 64.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,690▲
2024 · -€2,381
Cash flow
€8,842▲
2024 · -€3,318
Quick ratio
0.95▲
2024 · 0.62
Debt to equity
1.80▼
2024 · 7.16
ROE
56.0%▲
2024 · -87.3%
Interest coverage
12.99▲
2024 · -2.46
Debt ≤ 1 year
€23,829▼
2024 · €41,754
Income taxes
€1,028
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,585€37,081▼
Fixed assets21/28€9,358€7,937▼
Tangible fixed assets22/27€9,358€7,937▼
Land and buildings22€7,518€7,010▼
Plant, machinery and equipment23-€134
Furniture and vehicles24€1,840€794▼
Current assets29/58€38,227€29,144▼
Stocks and contracts in progress3€12,348€6,541▼
Stocks30/36€12,348€6,541▼
Amounts receivable within one year40/41€6,718€5,369▼
Trade receivables40€884-
Other amounts receivable41€5,834€5,369▼
Cash at bank and in hand54/58€19,161€17,233▼
Equity and liabilities
Total equity and liabilities10/49€47,585€37,081▼
Equity10/15€5,831€13,252▲
Contributions10/11€3,000€3,000=
Reserves13€7,918€7,918=
Distributable reserves133€7,918€7,918=
Profit (loss) carried forward14-€5,088€2,334▲
Amounts payable17/49€41,754€23,829▼
Amounts payable within one year42/48€41,754€23,829▼
Trade debts44€2,038€3,202▲
Suppliers440/4€2,038€3,202▲
Taxes, remuneration and social security45-€1,328
Taxes450/3-€1,328
Other amounts payable47/48€39,716€19,299▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,770€1,421▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11,597€1,175▼
Other operating charges640/8€922€946▲
Gross operating margin9900€10,138€12,810▲
Operating profit (loss)9901-€4,151€9,269▲
Financial income75/76B€30€3▼
Recurring financial income75€30€3▼
Financial charges65/66B€967€823▼
Recurring financial charges65€967€823▼
Profit (loss) for the period before taxes9903-€5,088€8,449▲
Income taxes67/77-€1,028
Profit (loss) for the period9904-€5,088€7,421▲
Profit (loss) for the period to be appropriated9905-€5,088€7,421▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,088€2,334▲
Profit (loss) brought forward from the previous period14P--€5,088

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€974€971€974€1,770€1,421▼ 19.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17,991€13,533€13,535€11,597€1,175▼ 89.9%
Other operating charges640/8€1,838€850€1,123€922€946▲ 2.6%
Gross operating margin9900€30,101€16,682€18,870€10,138€12,810▲ 26.4%
Operating profit (loss)9901€9,299€1,328€3,238-€4,151€9,269-
Financial income75/76B-€0-€30€3▼ 90.0%
Recurring financial income75-€0-€30€3▼ 90.0%
Financial charges65/66B€433€604€1,194€967€823▼ 14.8%
Recurring financial charges65€433€604€1,194€967€823▼ 14.8%
Profit (loss) for the period before taxes9903€8,865€724€2,044-€5,088€8,449-
Income taxes67/77€2,713€211€791-€1,028-
Profit (loss) for the period9904€6,152€513€1,253-€5,088€7,421-
Profit (loss) for the period to be appropriated9905€6,152€513€1,253-€5,088€7,421-
Line20212022202320242025Change
Assets
Total assets20/58€36,554€35,638€45,293€47,585€37,081▼ 22.1%
Fixed assets21/28€10,698€9,727€9,853€9,358€7,937▼ 15.2%
Tangible fixed assets22/27€10,698€9,727€9,853€9,358€7,937▼ 15.2%
Land and buildings22€9,385€8,763€8,140€7,518€7,010▼ 6.8%
Plant, machinery and equipment23--€1,097-€134-
Furniture and vehicles24€1,313€965€616€1,840€794▼ 56.9%
Current assets29/58€25,856€25,911€35,440€38,227€29,144▼ 23.8%
Stocks and contracts in progress3€10,755€8,417€4,569€12,348€6,541▼ 47.0%
Stocks30/36€10,755€8,417€4,569€12,348€6,541▼ 47.0%
Amounts receivable within one year40/41€5,200€4,154€3,924€6,718€5,369▼ 20.1%
Trade receivables40€4,000€2,900€3,334€884--
Other amounts receivable41€1,200€1,254€591€5,834€5,369▼ 8.0%
Cash at bank and in hand54/58€9,901€13,340€26,947€19,161€17,233▼ 10.1%
Equity and liabilities
Total equity and liabilities10/49€36,554€35,638€45,293€47,585€37,081▼ 22.1%
Equity10/15€9,152€9,665€10,918€5,831€13,252▲ 127%
Contributions10/11€3,000€3,000€3,000€3,000€3,000=
Reserves13€6,152€6,665€7,918€7,918€7,918=
Distributable reserves133€6,152€6,665€7,918€7,918€7,918=
Profit (loss) carried forward14----€5,088€2,334-
Amounts payable17/49€27,402€25,973€34,375€41,754€23,829▼ 42.9%
Amounts payable within one year42/48€27,402€25,973€34,375€41,754€23,829▼ 42.9%
Trade debts44€4,306€5,916€4,358€2,038€3,202▲ 57.1%
Suppliers440/4€4,306€5,916€4,358€2,038€3,202▲ 57.1%
Taxes, remuneration and social security45€2,713€724€1,304-€1,328-
Taxes450/3€2,713€724€1,304-€1,328-
Other amounts payable47/48€20,383€19,332€28,712€39,716€19,299▼ 51.4%
Line20212022202320242025Change
Profit (loss) for the period9904€6,152€513€1,253-€5,088€7,421-
+ Depreciation and write-downs630€974€971€974€1,770€1,421▼ 19.7%
Operating cash flow (approximation)€7,126€1,484€2,227-€3,318€8,842-
Investment in fixed assets (approximation)-€0-€1,100-€1,274€0-
Change in cash-€3,439€13,607-€7,786-€1,928▲ 75.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00488531
31-12-2024 micro format 31-08-2025 2025-00467923
31-12-2023 micro format 30-08-2024 2024-00410928
31-12-2022 micro format 31-08-2023 2023-00393286
31-12-2021 micro format 29-07-2022 2022-20260099

Similar companies · same sector, comparable size

Of the 10,325 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,946. 3,826 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 2 entries · €4,000 awarded · €4,000 paid
Year Entries AwardedPaid
2025 1 €2,000€2,000
2023 1 €2,000€2,000
Schemes
2 entries · €4,000 · €4,000 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

C.A.E. was incorporated on 18 June 2020 as a private limited company.1 Total assets went from €36,554 in 2021 to €37,081 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
31-12
Financial Back to profitnet €7,421
Net result €7,421 after one loss-making year.
31-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 31 days late
2024
31-12
Financial Weakest financial yearnet -€5,088
Net result drops to -€5,088, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 30 days late
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
2022
29-07
NBB filing Annual accounts filed
financial year 2021 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded18-06-2020
Financial year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0748692322
Also 9925:BE0748692322
Registered 12-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Halleunit no. 2.305.975.951
1 permission
Authorisation · Detailhandel · since 03-09-2020

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
257 m²
Building footprint
86 m²
Building volume
942 m³
Parcel 23027G0339/00S002, Flanders · tallest building 14.1 m. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 91- 93, 1500 Halle
Non-specialised retail sale with food, beverages or tobacco predominating
since 2020unit no. 2.305.975.951
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23027G0339/00S002 Flanders 257 m² 1 · 86 m² 14.1 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.