CE FOOD
ActiveSummary
CE FOOD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €713k and a net result of €123k. Equity is growing by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-14
Solvency48▲+4
Growth68▼-10
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.89 against 1.02 in 2024; short-term debt: 33.1% and cash: 9.5% of total assets), and 76.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
4%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
2 d late
2024
39 d late
2023
405 d late
2022
7 d early
2021
4 d early
2020
17 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.50M▲ 31.3%
2019 · €4.95M
2019: €4.95M
2025: €6.50M
2019 → 2025
EBIT margin
3.7%▲ 3.7pp
2019 · 0.0%
2019: 0.0%
2025: 3.7%
2019 → 2025
Net result
€123k▼ 47.4%
2024 · €235k
2019: €-28k
2020: €60k▲ +311% vs 2019
2021: €308k▲ +417% vs 2020highest in 7 years
2022: €-130k▼ -142% vs 2021lowest in 7 years
2023: €45k▲ +135% vs 2022
2024: €235k▲ +417% vs 2023
2025: €123k▼ -47.4% vs 2024
2019 → 2025
Working capital
€-113k
2024 · €16k
2019: €-106k
2020: €327k▲ +408% vs 2019
2021: €410k▲ +25.4% vs 2020highest in 7 years
2022: €42k▼ -89.6% vs 2021
2023: €-331k▼ -880% vs 2022lowest in 7 years
2024: €16k▲ +105% vs 2023
2025: €-113k▼ -826% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.50M
Equity€439k-€309k▼ 29.6%€355k▲ 14.7%€589k▲ 66.1%€713k▲ 20.9%
2021: €439k
2022: €309k▼ -29.6% vs 2021lowest in 5 years
2023: €355k▲ +14.7% vs 2022
2024: €589k▲ +66.1% vs 2023
2025: €713k▲ +20.9% vs 2024highest in 5 years
Operating result€428k-€-77k€85k€261k▲ 208%€241k▼ 8.0%
2021: €428khighest in 5 years
2022: €-77k▼ -118% vs 2021lowest in 5 years
2023: €85k▲ +210% vs 2022
2024: €261k▲ +208% vs 2023
2025: €241k▼ -8.0% vs 2024
Net result€308k-€-130k€45k€235k▲ 417%€123k▼ 47.4%
2021: €308khighest in 5 years
2022: €-130k▼ -142% vs 2021lowest in 5 years
2023: €45k▲ +135% vs 2022
2024: €235k▲ +417% vs 2023
2025: €123k▼ -47.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.06M
Fixed assets
€2.16M ▼ 1.9%
Current assets
€900k ▲ 4.2%
Equity and liabilities €3.06M
Equity
€713k ▲ 20.9%
Debt
€2.34M ▼ 5.2%
Debt's share of the balance-sheet total falls from 80.7% to 76.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€421k▼
2024 · €437k
Cash flow
€303k▼
2024 · €410k
Current ratio
0.89▼
2024 · 1.02
Quick ratio
0.48▼
2024 · 0.62
Debt to equity
3.29▼
2024 · 4.19
ROE
17.3%▼
2024 · 39.8%
ROA
4.0%▼
2024 · 7.7%
Interest coverage
12.79▼
2024 · 16.34
Debt ≤ 1 year
€1.01M▲
2024 · €848k
Debt > 1 year
€1.33M▼
2024 · €1.44M
Income taxes
€86k▲
2024 · €979
Staff costs
€666k▲
2024 · €589k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.06M€3.06M▼
Fixed assets21/28€2.20M€2.16M▼
Tangible fixed assets22/27€2.20M€2.16M▼
Land and buildings22€1.43M€1.40M▼
Plant, machinery and equipment23€429k€391k▼
Furniture and vehicles24€107k€109k▲
Other tangible fixed assets26€227k€252k▲
Financial fixed assets28€600€600=
Current assets29/58€864k€900k▲
Stocks and contracts in progress3€336k€412k▲
Stocks30/36€336k€412k▲
Amounts receivable within one year40/41€107k€191k▲
Trade receivables40€75k€80k▲
Other amounts receivable41€32k€111k▲
Cash at bank and in hand54/58€416k€291k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€3.06M€3.06M▼
Equity10/15€589k€713k▲
Contributions10/11€100k€100k=
Reserves13€339k€339k=
Distributable reserves133€339k€339k=
Profit (loss) carried forward14€150k€273k▲
Amounts payable17/49€2.47M€2.34M▼
Amounts payable after more than one year17€1.44M€1.33M▼
Financial debts170/4€1.44M€1.33M▼
Amounts payable within one year42/48€848k€1.01M▲
Current portion of amounts payable after more than one year42€160k€130k▼
Trade debts44€588k€592k▲
Suppliers440/4€588k€592k▲
Taxes, remuneration and social security45€100k€80k▼
Taxes450/3€98k€79k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48-€211k
Accrued charges and deferred income492/3€183k-
Income statement
Code20242025
Turnover70-€6.50M
Goods, raw materials, services and sundry goods60/61-€5.42M
Remuneration, social security and pensions62€589k€666k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€180k▲
Other operating charges640/8€11k€15k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€1.04M€1.10M▲
Operating profit (loss)9901€261k€241k▼
Financial income75/76B€802€1k▲
Recurring financial income75€802€1k▲
Financial charges65/66B€27k€33k▲
Recurring financial charges65€27k€33k▲
Profit (loss) for the period before taxes9903€236k€209k▼
Income taxes67/77€979€86k▲
Profit (loss) for the period9904€235k€123k▼
Profit (loss) for the period to be appropriated9905€235k€123k▼
Appropriation of the result
Profit (loss) to be appropriated9906€150k€273k▲
Profit (loss) brought forward from the previous period14P€-84k€150k▲
Social balance
Average headcount (FTE)908717.916.3▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €6.50M | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €5.42M | - |
| Remuneration, social security and pensions62 | - | €566k | €599k | €589k | €666k | ▲ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €105k | €270k | €144k | €175k | €180k | ▲ 2.8% |
| Other operating charges640/8 | - | €23k | €13k | €11k | €15k | ▲ 29.8% |
| Non-recurring operating charges66A | - | - | €6k | - | €3k | - |
| Gross operating margin9900 | €1.05M | €781k | €845k | €1.04M | €1.10M | ▲ 6.4% |
| Operating profit (loss)9901 | €428k | €-77k | €85k | €261k | €241k | ▼ 8.0% |
| Financial income75/76B | - | €11k | €11k | €802 | €1k | ▲ 83.2% |
| Recurring financial income75 | €12k | €11k | €11k | €802 | €1k | ▲ 83.2% |
| Financial charges65/66B | - | €63k | €50k | €27k | €33k | ▲ 23.0% |
| Recurring financial charges65 | €44k | €63k | €50k | €27k | €33k | ▲ 23.0% |
| Profit (loss) for the period before taxes9903 | €396k | €-129k | €46k | €236k | €209k | ▼ 11.2% |
| Income taxes67/77 | €88k | €602 | €360 | €979 | €86k | ▲ 8,666% |
| Profit (loss) for the period9904 | €308k | €-130k | €45k | €235k | €123k | ▼ 47.4% |
| Profit (loss) for the period to be appropriated9905 | €308k | €-130k | €45k | €235k | €123k | ▼ 47.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.76M | €2.82M | €2.97M | €3.06M | €3.06M | ▼ 0.2% |
| Fixed assets21/28 | €747k | €2.16M | €2.21M | €2.20M | €2.16M | ▼ 1.9% |
| Tangible fixed assets22/27 | €746k | €2.16M | €2.21M | €2.20M | €2.16M | ▼ 1.9% |
| Land and buildings22 | - | €1.49M | €1.46M | €1.43M | €1.40M | ▼ 2.1% |
| Plant, machinery and equipment23 | - | €524k | €493k | €429k | €391k | ▼ 8.9% |
| Furniture and vehicles24 | - | €99k | €76k | €107k | €109k | ▲ 1.4% |
| Other tangible fixed assets26 | - | €43k | €180k | €227k | €252k | ▲ 11.4% |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €1.01M | €655k | €760k | €864k | €900k | ▲ 4.2% |
| Stocks and contracts in progress3 | €354k | €357k | €367k | €336k | €412k | ▲ 22.7% |
| Stocks30/36 | - | €357k | €367k | €336k | €412k | ▲ 22.7% |
| Amounts receivable within one year40/41 | €115k | €122k | €128k | €107k | €191k | ▲ 78.7% |
| Trade receivables40 | - | €79k | €87k | €75k | €80k | ▲ 7.3% |
| Other amounts receivable41 | - | €44k | €40k | €32k | €111k | ▲ 244% |
| Current investments50/53 | €200k | €20k | - | - | - | - |
| Cash at bank and in hand54/58 | €327k | €131k | €263k | €416k | €291k | ▼ 30.1% |
| Deferred charges and accrued income490/1 | - | €25k | €2k | €4k | €5k | ▲ 22.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.76M | €2.82M | €2.97M | €3.06M | €3.06M | ▼ 0.2% |
| Equity10/15 | €439k | €309k | €355k | €589k | €713k | ▲ 20.9% |
| Contributions10/11 | - | €100k | €100k | €100k | €100k | = |
| Reserves13 | €339k | €339k | €339k | €339k | €339k | = |
| Distributable reserves133 | - | €339k | €339k | €339k | €339k | = |
| Profit (loss) carried forward14 | €-28k | €-130k | €-84k | €150k | €273k | ▲ 82.2% |
| Amounts payable17/49 | €1.32M | €2.51M | €2.62M | €2.47M | €2.34M | ▼ 5.2% |
| Amounts payable after more than one year17 | €717k | €1.89M | €1.53M | €1.44M | €1.33M | ▼ 7.6% |
| Financial debts170/4 | - | €1.44M | €1.53M | €1.44M | €1.33M | ▼ 7.6% |
| Trade debts175 | - | €456k | - | - | - | - |
| Amounts payable within one year42/48 | €605k | €613k | €1.09M | €848k | €1.01M | ▲ 19.4% |
| Current portion of amounts payable after more than one year42 | - | €201k | €156k | €160k | €130k | ▼ 19.0% |
| Trade debts44 | €189k | €107k | €635k | €588k | €592k | ▲ 0.7% |
| Suppliers440/4 | - | €107k | €635k | €588k | €592k | ▲ 0.7% |
| Advances received on contracts in progress46 | - | €1k | €1k | - | - | - |
| Taxes, remuneration and social security45 | - | €85k | €107k | €100k | €80k | ▼ 19.7% |
| Taxes450/3 | - | €2k | €3k | €98k | €79k | ▼ 19.9% |
| Remuneration and social security454/9 | - | €83k | €104k | €1k | €1k | = |
| Other amounts payable47/48 | - | €218k | €193k | - | €211k | - |
| Accrued charges and deferred income492/3 | - | - | - | €183k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €308k | €-130k | €45k | €235k | €123k | ▼ 47.4% |
| + Depreciation and write-downs630 | €105k | €270k | €144k | €175k | €180k | ▲ 2.8% |
| Operating cash flow (approximation) | €413k | €140k | €189k | €410k | €303k | ▼ 26.0% |
| Investment in fixed assets (approximation) | - | €-1.68M | €-197k | €-158k | €-139k | ▲ 12.1% |
| Change in cash | - | €-196k | €132k | €153k | €-125k | ▼ 182% |
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
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 39 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 405 days late
2024
30-06
Financial
Equity above €500kEq €589k ▲66.1%
2 profitable years in a row build equity to €589k.
2023
30-06
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-130k
Net result drops to €-130k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €308k ▲417%
Operating result €428k, net result €308k, both a record.
30-06
Financial
Equity above €200kEq €439k ▲234%
2 profitable years in a row build equity to €439k.
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
Show earlier events
30-06
Financial
Liquidity doublescurrent ratio 1.66
Current ratio from 0.82 to 1.66; short-term debt falls from €589k to €495k.
30-06
Financial
Equity above €100kEq €131k ▲82.9%
Equity rises from €72k to €131k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2018
Ground area
1,409 m²
Building footprint
1,326 m²
Volume, LiDAR
6,152 m³
Parcel 11346B0831/00K009, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Lanteernhofstraat 85, 2100 Antwerpen
since 20182.275.735.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0831/00K009 | Flanders | 1,409 m² | 1 · 1,326 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyAntwerpen2.275.735.806
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 2,670 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-05-2018
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Contact
E-mail
info@cefood.be
Scores and ratios are computed by Checked and are not a credit decision.