C.E. CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of C.E. CONSTRUCT is 6.5% (elevated). The 2020 annual accounts show equity of €74,845 and a net result of -€15,808. Equity is shrinking by ~24.5% per year across the filed fiscal years. The company has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability0=
Solvency100=
Growth32=
Track record92
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
76.9%
Return on assets
-16.2%
Age of the figures
69 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 23-06-2021, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
38 d early
2019
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€15,808▲ 44.7%
2019 · -€28,583
Working capital
€74,351▼ 17.9%
2019 · €90,603
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€15,822--€27,830-€15,440▲ 44.5%
Net result€6,807--€28,583-€15,808▲ 44.7%
Equity€119,236-€90,653▼ 24.0%€74,845▼ 17.4%
Total assets€138,409-€101,198▼ 26.9%€97,349▼ 3.8%
Debt€19,173-€10,545▼ 45.0%€22,504▲ 113%
Working capital€113,356-€90,603▼ 20.1%€74,351▼ 17.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15,440 in 2020 against €27,830 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €97,349
Fixed assets
€494 ▲ 888%
Current assets
€96,855 ▼ 4.2%
Equity and liabilities €97,349
Equity
€74,845 ▼ 17.4%
Debt
€22,504 ▲ 113%
Debt's share of the balance-sheet total rises from 10.4% to 23.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€15,305▲
2019 · -€21,523
Cash flow
-€15,673▲
2019 · -€22,276
Current ratio
4.30▼
2019 · 9.59
ROE
-21.1%▲
2019 · -31.5%
ROA
-16.2%▲
2019 · -28.2%
Debt ≤ 1 year
€22,504▲
2019 · €10,545
Income taxes
-€4
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,738 | €6,307 | €135 | ▼ 97.9% |
| Gross operating margin9900 | €62,627 | €22,391 | -€13,297 | ▼ 159% |
| Operating profit (loss)9901 | €15,822 | -€27,830 | -€15,440 | ▲ 44.5% |
| Recurring financial charges65 | €3,805 | €753 | €372 | ▼ 50.6% |
| Profit (loss) for the period before taxes9903 | €12,017 | -€28,583 | -€15,812 | ▲ 44.7% |
| Income taxes67/77 | €5,210 | - | -€4 | - |
| Profit (loss) for the period9904 | €6,807 | -€28,583 | -€15,808 | ▲ 44.7% |
| Profit (loss) for the period to be appropriated9905 | €6,807 | -€28,583 | -€15,808 | ▲ 44.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €138,409 | €101,198 | €97,349 | ▼ 3.8% |
| Fixed assets21/28 | €6,357 | €50 | €494 | ▲ 888% |
| Tangible fixed assets22/27 | €6,307 | - | €444 | - |
| Financial fixed assets28 | €50 | €50 | €50 | = |
| Current assets29/58 | €132,052 | €101,148 | €96,855 | ▼ 4.2% |
| Amounts receivable within one year40/41 | €121,775 | €90,159 | €96,245 | ▲ 6.8% |
| Cash at bank and in hand54/58 | €9,952 | €10,989 | €610 | ▼ 94.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €138,409 | €101,198 | €97,349 | ▼ 3.8% |
| Equity10/15 | €119,236 | €90,653 | €74,845 | ▼ 17.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €108,931 | €108,931 | €108,931 | = |
| Profit (loss) carried forward14 | -€8,287 | -€36,870 | -€52,678 | ▼ 42.9% |
| Amounts payable17/49 | €19,173 | €10,545 | €22,504 | ▲ 113% |
| Amounts payable within one year42/48 | €18,696 | €10,545 | €22,504 | ▲ 113% |
| Trade debts44 | €6,125 | - | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,807 | -€28,583 | -€15,808 | ▲ 44.7% |
| + Depreciation and write-downs630 | €7,738 | €6,307 | €135 | ▼ 97.9% |
| Operating cash flow (approximation) | €14,545 | -€22,276 | -€15,673 | ▲ 29.6% |
| Investment in fixed assets (approximation) | - | €0 | -€579 | - |
| Change in cash | - | €1,037 | -€10,379 | ▼ 1,101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-09
KBO administration
Late accounts filing
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
31-12
Financial
Weakest financial yearnet -€28,583
Net result drops to -€28,583, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
12-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 12 days late
2012
28-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 59 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-06-2000
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.