CE Services
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is a loss of €853, smaller than the loss of €967 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €503 | €627 | €737 | €749 | €635 | ▼ 15.2% |
| Gross operating margin9900 | -€151 | -€151 | -€157 | -€182 | -€194 | -€214 | -€218 | -€218 | = |
| Operating profit (loss)9901 | -€780 | -€651 | -€659 | -€685 | -€820 | -€951 | -€967 | -€853 | ▲ 11.8% |
| Financial income75/76B | - | - | - | €348 | €348 | €348 | €384 | - | - |
| Recurring financial income75 | - | - | - | €348 | €348 | €348 | €384 | - | - |
| Non-recurring financial income76B | - | - | - | €348 | €348 | €348 | €384 | - | - |
| Financial charges65/66B | - | - | - | €107 | €77 | €170 | €139 | €152 | ▲ 9.7% |
| Recurring financial charges65 | €88 | €87 | €103 | €107 | €77 | €170 | €139 | €152 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | -€520 | -€738 | -€414 | -€445 | -€549 | -€774 | -€721 | -€1,006 | ▼ 39.4% |
| Profit (loss) for the period9904 | -€520 | -€738 | -€414 | -€445 | -€549 | -€774 | -€721 | -€1,006 | ▼ 39.4% |
| Profit (loss) for the period to be appropriated9905 | -€520 | -€738 | -€414 | -€445 | -€549 | -€774 | -€721 | -€1,006 | ▼ 39.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €161 | €185 | €175 | €162 | €182 | - | €0 | €23 | ▲ 285× |
| Current assets29/58 | €161 | €185 | €175 | €162 | €182 | - | €0 | €23 | ▲ 285× |
| Amounts receivable within one year40/41 | €161 | €161 | €161 | €161 | €161 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €161 | €161 | - | - | - | - |
| Current investments50/53 | - | €24 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €14 | €1 | €21 | - | €0 | €23 | ▲ 285× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €161 | €185 | €175 | €162 | €182 | €0 | €0 | €23 | ▲ 285× |
| Equity10/15 | -€4,820 | -€5,558 | -€5,973 | -€6,418 | -€6,967 | -€7,740 | -€8,462 | -€9,467 | ▼ 11.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€12,880 | -€13,618 | -€14,033 | -€14,478 | -€15,027 | -€15,800 | -€16,522 | -€17,527 | ▼ 6.1% |
| Amounts payable17/49 | €4,981 | €5,743 | €6,148 | €6,580 | €7,149 | €7,740 | €8,462 | €9,490 | ▲ 12.2% |
| Amounts payable within one year42/48 | €4,981 | €5,743 | €6,148 | €6,580 | €7,149 | €7,740 | €8,462 | €9,490 | ▲ 12.2% |
| Financial debts43 | - | - | - | - | - | €11 | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €11 | - | - | - |
| Trade debts44 | €348 | €348 | €348 | €348 | €348 | €384 | €849 | €787 | ▼ 7.3% |
| Suppliers440/4 | - | - | - | €348 | €348 | €384 | €849 | €787 | ▼ 7.3% |
| Other amounts payable47/48 | - | - | - | €6,232 | €6,801 | €7,345 | €7,613 | €8,703 | ▲ 14.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€520 | -€738 | -€414 | -€445 | -€549 | -€774 | -€721 | -€1,006 | ▼ 39.4% |
| Operating cash flow (approximation) | -€520 | -€738 | -€414 | -€445 | -€549 | -€774 | -€721 | -€1,006 | ▼ 39.4% |
| Change in cash | - | - | - | -€13 | €20 | - | - | €23 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as CE Services has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CE Services itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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% |
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 6,907 companies, not a prediction for CE Services. 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00274692 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00422949 | |
| 31-12-2023 | micro format | 04-12-2024 | 2024-00610838 | |
| 31-12-2022 | micro format | 19-10-2023 | 2023-00488464 | |
| 31-12-2021 | micro format | 08-09-2022 | 2022-20425827 | |
| 31-12-2020 | micro format | 17-07-2021 | 2021-37800094 | |
| 31-12-2019 | micro format | 22-06-2020 | 2020-19800072 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-52500455 | |
| 31-12-2017 | micro format | 08-09-2018 | 2018-62400405 | |
| 31-12-2016 | micro format | 14-09-2017 | 2017-60900517 |