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C&E Projects

Active
Private limited companyfounded 2019active for 7 yearsVredestraat 20, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0727.983.317
Summary

C&E Projects has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,101 and a net result of -€2,173. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Activity not known1 site
Size
€249,175total assets 2025
Equity
€71,101
Loss
-€2,173
Turnover not published (abbreviated or micro format)
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts on time0 of 1 deed read
Why 80raises riskFounded in 2019Liquidity: current ratio 3396.60, cash €3,433lowers riskSize: total assets €249,175No main activity registeredShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 54=
equity 28.5% of total assets
Liquidity 52-1
short-term debt 0.0% · cash 1.4%
Profitability 35-4
return on assets -0.9%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025highest value 07-2025: 0.5%▼ -0.3 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.4%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.1 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
short-term debt: 0% and cash: 1.4% of total assets, and 71.5% 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 (no NACE code, micro): better than 32% on solvency, 45% on liquidity, 25% on profitability and 35% on growth.

The bankruptcy probability was computed on 19-10-2026 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 riskneutral
lowers risk · Size: total assets €249,175
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · No main activity registered
KBO
raises risk · Liquidity: current ratio 3396.60, cash €3,433
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
on the day
2024
48 days early
2023
47 days early
2022
1 day late
2021
2 days early
2020
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 29 July (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 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. Liquidity more than doubledcurrent ratio 3396.60
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€71,101▼ 3.0%
2024 · €73,274
Total assets
€249,175▼ 0.9%
2024 · €251,492
Net result
-€2,173
2024 · €2,007
Working capital
€249,101▼ 0.9%
2024 · €251,274
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result stays negative: a loss of €2,115 in 2025 against €2,964 in 2024; the loss shrinks.

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

Operating result-€2,115 2025 Net result-€2,173 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€4,208-€60,982€27,136▼ 55.5%-€2,038-€2,964▼ 45.4%-€2,115▲ 28.6%
Net result-€4,293-€50,987€24,734▼ 51.5%-€2,162€2,007-€2,173
Equity-€2,293-€48,694€73,428▲ 50.8%€71,267▼ 2.9%€73,274▲ 2.8%€71,101▼ 3.0%
Total assets€279,399-€238,368▼ 14.7%€272,366▲ 14.3%€258,531▼ 5.1%€251,492▼ 2.7%€249,175▼ 0.9%
Debt€281,692-€189,674▼ 32.7%€198,938▲ 4.9%€187,265▼ 5.9%€178,218▼ 4.8%€178,073▼ 0.1%
Working capital€226,694€251,428▲ 10.9%€249,267▼ 0.9%€251,274▲ 0.8%€249,101▼ 0.9%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €249,175
Equity €71,101 ▼ 3.0%
Debt €178,073 ▼ 0.1%
Debt's share of the balance-sheet total rises from 70.9% to 71.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.50▲
2024 · 2.43
ROE
-3.1%▼
2024 · 2.7%
ROA
-0.9%▼
2024 · 0.8%
Debt ≤ 1 year
€73▼
2024 · €218
Debt > 1 year
€178,000=
2024 · €178,000
A ratio outside any meaningful range has been withheld (balance sheet total €249,175, equity €71,101).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91.4% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% 1.0%
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 1,548 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 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€251,492€249,175▼
Current assets29/58€251,492€249,175▼
Stocks and contracts in progress3€70,294€70,294=
Stocks30/36€70,294€70,294=
Amounts receivable within one year40/41€175,448€175,448=
Other amounts receivable41€175,448€175,448=
Cash at bank and in hand54/58€5,751€3,433▼
Equity and liabilities
Total equity and liabilities10/49€251,492€249,175▼
Equity10/15€73,274€71,101▼
Contributions10/11€2,000€2,000=
Reserves13€71,274€69,101▼
Distributable reserves133€71,274€69,101▼
Amounts payable17/49€178,218€178,073▼
Amounts payable after more than one year17€178,000€178,000=
Other amounts payable178/9€178,000€178,000=
Amounts payable within one year42/48€218€73▼
Taxes, remuneration and social security45€218-
Taxes450/3€218-
Other amounts payable47/48-€73
Income statement Code20242025
Other operating charges640/8€62-
Gross operating margin9900-€2,902-€2,115▲
Operating profit (loss)9901-€2,964-€2,115▲
Financial income75/76B€5,250-
Recurring financial income75€5,250-
Financial charges65/66B€61€58▼
Recurring financial charges65€61€58▼
Profit (loss) for the period before taxes9903€2,225-€2,173▼
Income taxes67/77€218-
Profit (loss) for the period9904€2,007-€2,173▼
Profit (loss) for the period to be appropriated9905€2,007-€2,173▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,007-€2,173▼
Transfer from equity791/2-€2,173
Transfer to equity691/2€2,007-
To other reserves6921€2,007-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,250------
Other operating charges640/8-€478€62€62€62--
Gross operating margin9900-€2,151€61,460€27,198-€1,976-€2,902-€2,115▲ 27.1%
Operating profit (loss)9901-€4,208€60,982€27,136-€2,038-€2,964-€2,115▲ 28.6%
Financial income75/76B-€2,000€7,009-€5,250--
Recurring financial income75€1,000€2,000€7,009-€5,250--
Financial charges65/66B-€322€146€124€61€58▼ 5.7%
Recurring financial charges65€1,085€322€146€124€61€58▼ 5.7%
Profit (loss) for the period before taxes9903-€4,293€62,661€33,999-€2,162€2,225-€2,173-
Income taxes67/77-€11,674€9,265-€218--
Profit (loss) for the period9904-€4,293€50,987€24,734-€2,162€2,007-€2,173-
Profit (loss) for the period to be appropriated9905-€4,293€50,987€24,734-€2,162€2,007-€2,173-
Line202020212022202320242025Change
Assets
Total assets20/58€279,399€238,368€272,366€258,531€251,492€249,175▼ 0.9%
Current assets29/58€279,399€238,368€272,366€258,531€251,492€249,175▼ 0.9%
Amounts receivable after more than one year29-€101,308-----
Other amounts receivable291-€101,308-----
Stocks and contracts in progress3€276,512€135,596€70,294€70,294€70,294€70,294=
Stocks30/36-€135,596€70,294€70,294€70,294€70,294=
Amounts receivable within one year40/41--€181,258€176,258€175,448€175,448=
Other amounts receivable41--€181,258€176,258€175,448€175,448=
Cash at bank and in hand54/58€2,887€1,464€20,815€11,980€5,751€3,433▼ 40.3%
Equity and liabilities
Total equity and liabilities10/49€279,399€238,368€272,366€258,531€251,492€249,175▼ 0.9%
Equity10/15-€2,293€48,694€73,428€71,267€73,274€71,101▼ 3.0%
Contributions10/11-€2,000€2,000€2,000€2,000€2,000=
Reserves13-€46,694€71,428€69,267€71,274€69,101▼ 3.0%
Distributable reserves133-€46,694€71,428€69,267€71,274€69,101▼ 3.0%
Profit (loss) carried forward14-€4,293------
Amounts payable17/49€281,692€189,674€198,938€187,265€178,218€178,073▼ 0.1%
Amounts payable after more than one year17€281,692€178,000€178,000€178,000€178,000€178,000=
Other amounts payable178/9-€178,000€178,000€178,000€178,000€178,000=
Amounts payable within one year42/48-€11,674€20,938€9,265€218€73▼ 66.4%
Taxes, remuneration and social security45-€11,674€20,938€9,265€218--
Taxes450/3-€11,674€20,938€9,265€218--
Other amounts payable47/48-----€73-
Line202020212022202320242025Change
Profit (loss) for the period9904-€4,293€50,987€24,734-€2,162€2,007-€2,173-
+ Depreciation and write-downs630€1,250------
Operating cash flow (approximation)-€3,043€50,987€24,734-€2,162€2,007-€2,173-
Change in cash--€1,424€19,352-€8,835-€6,229-€2,318▲ 62.8%

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 (6)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00367562
31-12-2024 micro format 13-06-2025 2025-00137714
31-12-2023 micro format 14-06-2024 2024-00130250
31-12-2022 abbreviated format 01-08-2023 2023-00300357
31-12-2021 micro format 29-07-2022 2022-20254221
31-12-2020 micro format 02-07-2021 2021-30100484

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 1 Gazette act 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&E Projects was incorporated on 12 June 2019 as a private limited company.1 Total assets fell from €279,399 in 2020 to €249,175 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Liquidity more than doubledcurrent ratio 3396.60
Current ratio from 1153.00 to 3396.60; short-term debt falls from €218 to €73.
13-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Back to profitnet €2,007
Net result €2,007 after one loss-making year.
31-12
Financial Liquidity more than 41 timescurrent ratio 1153.00
Current ratio from 27.91 to 1153.00; short-term debt falls from €9,265 to €218.
14-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Liquidity more than doubledcurrent ratio 27.91
Current ratio from 13.01 to 27.91; short-term debt falls from €20,938 to €9,265.
01-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 1 day late
2022
29-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €50,987
Net result €50,987 after one loss-making year.
02-07
NBB filing Annual accounts filed
financial year 2020 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded12-06-2019
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

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

Register as of 20 October 2026 · Peppol Directory

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

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

Sites & property

Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
3,995 m²
Building footprint
387 m²
Building volume
2,004 m³
Parcel 71462D0474/00N000, Flanders · tallest building 8.8 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
C&E Projects
Vredestraat 20, 3550 Heusden-ZolderReal estate agency activities
since 2019unit no. 2.289.991.143
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71462D0474/00N000 Flanders 3,995 m² 1 · 387 m² 8.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.