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C & E

Active Private limited company (pre-2019)founded 2004active for 22 yearsVladslostraat 15, 8610 KortemarkKBO/BCE: BE 0865.518.825

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2005
peak €66,709 (2016)
€19,214▲ 2.4%
lowest -€69,730 (2022)
€9,066▲ 87.2%
peak €27,255 (2017)
-€163,694▲ €9,066
€336,564▼ 3.3%
Board1 name since 2017
- 
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Result from €4,844 to €9,066

Key points

from the 2025 annual accounts

Equity

-€163,694
201820192022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Debts

€336,564 195% of the balance sheet
Financial debts 48%Suppliers 0%Taxes and wages 1%Other 51%

Of this, €228,564 falls due within a year.

Investments

€8,956 1.9 × depreciation
20222025

Green is investment, beige is depreciation.

Filings

19 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Six of the last ten came late. The 2019 accounts came latest: 101 days after the end of the period.

Position in the sector

-€163,694

Less equity than 95% of companies in repair of computers and personal goods. Sector median €46,534 · 3,643 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,794 companies had the same profile as C & E has now. Each dot stands for 10 companies, two years later.

91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,794 companies, not a prediction for C & E. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Manager, until 2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0865518825
Resignation: (director) Gazette deed
Registered office moved from Koekelare to Kortemark New registered office: Vladslostraat 15, 8610 Kortemark · Previous registered office: Karel de Ghelderelaan 8, 8680 Koekelare · Appointment: (manager) · General meeting of 20-03-2018 · Gazette deed
Capital increase of €30,000 to €48,600 Capital from €18,600 to €48,600, 300 new shares · General meeting of 27-12-2017 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
C & E Kortemark €172,871 €19,214 -94.7% -
DE JONGE Horebeke €193,482 €20,027 41.9% -
GARAGE BOXY Nazareth-De Pinte €184,003 €17,472 66.1% -
SAP HOOGSTADE Alveringem €181,260 €23,242 70.3% -
Garage Dumont Zwevegem €201,336 €14,824 37.5% -
CS - PARTS Beernem €250,427 €19,240 83.0% -
A.S.B. Heuvelland €116,971 €24,499 99.7% -

These companies have the same main activity as C & E: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €117,000 and €250,000, founded between 1997 and 2010.

Official details

Source: KBO
Status
Active since 28-05-2004Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 1 other
Establishment unit
2.137.936.5178610 Kortemark, since 25-05-2004
Financial year end
31 December
Peppol
Reachable since 16-11-2025
Company details

Annual accounts 2025

€172,871▼ 1.4%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on C & E

C & E files the micro format. That format states no turnover. The gross margin rose from -€4,063 in 2006 to €19,214 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about C & E

What is the company number of C & E?
The company number of C & E is 0865.518.825. The VAT number is the same number with BE in front: BE 0865.518.825.
Where is C & E based?
The registered office is at Vladslostraat 15, 8610 Kortemark.Company details
What does C & E do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of C & E?
C & E is a private limited company (pre-2019) (BVBA).
When was C & E founded?
C & E was founded on 28-05-2004.
Is C & E still active?
Yes, C & E is an active enterprise in the KBO register.
What is the turnover of C & E?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €19,214 and 36 comparable companies (NACE 95311). It probably lies between €98,000 and €460,000. It is a rough estimate. In financial year 2023 turnover was €53,549.Financials
Is C & E profitable?
In financial year 2025, C & E made a profit of €9,066.
Where can I find the annual accounts of C & E?
C & E filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of C & E due?
C & E must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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