CEA
ActiveSummary
The computed 12-month bankruptcy probability of CEA is 11.5% (high). The 2025 annual accounts show negative equity (-€29,280) and a net result of -€2,173. Equity is shrinking by ~22% per year across the filed fiscal years. Its solvency ranks better than 5% of 18606 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-84
Solvency0=
Growth32▼-26
Track record78
Bankruptcy probability, 12 months
11.5%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 2025Age of the figures
Age of the figures
9 mo
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 →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€29,280
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 4 filingsDeviation from the deadline
2025
7 d late
2024
91 d late
2023
10 d late
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 35 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
-€29,280▼ 8.0%
2024 · -€27,107
Total assets
€2,420▼ 87.9%
2024 · €19,970
Net result
-€2,173
2024 · €3,523
Working capital
-€31,653▼ 0.6%
2024 · -€31,454
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€3,121--€31,613€3,923-€1,059
Net result€338within the sector's middle half--€31,968below the sector's middle half€3,523within the sector's middle half-€2,173within the sector's middle half
Equity€1,338below the sector's middle half--€30,630below the sector's middle half-€27,107below the sector's middle half▲ 11.5%-€29,280below the sector's middle half▼ 8.0%
Total assets€65,031within the sector's middle half-€6,398below the sector's middle half▼ 90.2%€19,970below the sector's middle half▲ 212%€2,420below the sector's middle half▼ 87.9%
Debt€63,693-€37,028▼ 41.9%€47,077▲ 27.1%€31,700▼ 32.7%
Working capital-€22,669below the sector's middle half--€37,028below the sector's middle half▼ 63.3%-€31,454below the sector's middle half▲ 15.1%-€31,653below the sector's middle half▼ 0.6%
Solvency2.1%below the sector's middle half--478.8%below the sector's middle half▼ 480.8pp-135.7%below the sector's middle half▲ 343.0pp
Current ratio0.64below the sector's middle half-0.00below the sector's middle half▼ 0.640.33below the sector's middle half▲ 0.33
Return on assets (ROA)0.5%within the sector's middle half--499.7%below the sector's middle half▼ 500.2pp17.6%above the sector's middle half▲ 517.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,059 after €3,923 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2,420
Fixed assets
€2,373 ▼ 45.4%
Current assets
€47 ▼ 99.7%
Key figures and ratios
EBITDA
€915▼
2024 · €5,974
Cash flow
-€199▼
2024 · €5,574
Interest coverage
0.82▼
2024 · 14.94
Debt ≤ 1 year
€31,700▼
2024 · €47,077
Ratios withheld: a balance sheet total of €2,420 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.2%
went bankrupt
5.3%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 11.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,657 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €171 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,927 | €2,050 | €2,050 | €1,974 | ▼ 3.7% |
| Other operating charges640/8 | €2,454 | €6,808 | €185 | €82 | ▼ 55.6% |
| Non-recurring operating charges66A | €157 | €3,606 | €0 | - | - |
| Gross operating margin9900 | €8,658 | -€19,148 | €6,159 | €997 | ▼ 83.8% |
| Operating profit (loss)9901 | €3,121 | -€31,613 | €3,923 | -€1,059 | ▼ 127% |
| Financial income75/76B | €10 | €12 | €0 | €1 | - |
| Recurring financial income75 | €10 | €12 | €0 | €1 | - |
| Financial charges65/66B | €943 | €365 | €400 | €1,115 | ▲ 179% |
| Recurring financial charges65 | €943 | €365 | €400 | €1,115 | ▲ 179% |
| Profit (loss) for the period before taxes9903 | €2,188 | -€31,966 | €3,523 | -€2,173 | ▼ 162% |
| Income taxes67/77 | €1,850 | €2 | €0 | - | - |
| Profit (loss) for the period9904 | €338 | -€31,968 | €3,523 | -€2,173 | ▼ 162% |
| Profit (loss) for the period to be appropriated9905 | €338 | -€31,968 | €3,523 | -€2,173 | ▼ 162% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €65,031 | €6,398 | €19,970 | €2,420 | ▼ 87.9% |
| Fixed assets21/28 | €24,007 | €6,398 | €4,347 | €2,373 | ▼ 45.4% |
| Intangible fixed assets21 | €8,073 | €6,173 | €4,273 | €2,373 | ▼ 44.5% |
| Tangible fixed assets22/27 | €8,434 | €225 | €74 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €8,434 | €225 | €74 | €0 | ▼ 100% |
| Financial fixed assets28 | €7,500 | - | - | - | - |
| Current assets29/58 | €41,024 | €0 | €15,623 | €47 | ▼ 99.7% |
| Stocks and contracts in progress3 | €37,262 | - | - | - | - |
| Stocks30/36 | €37,262 | - | - | - | - |
| Amounts receivable within one year40/41 | €992 | - | €15,622 | €0 | ▼ 100% |
| Trade receivables40 | €992 | - | €15,622 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €2,505 | €0 | €1 | €47 | ▲ 5,673% |
| Deferred charges and accrued income490/1 | €264 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €65,031 | €6,398 | €19,970 | €2,420 | ▼ 87.9% |
| Equity10/15 | €1,338 | -€30,630 | -€27,107 | -€29,280 | ▼ 8.0% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €338 | €338 | €338 | €338 | = |
| Distributable reserves133 | €338 | €338 | €338 | €338 | = |
| Profit (loss) carried forward14 | - | -€31,968 | -€28,445 | -€30,618 | ▼ 7.6% |
| Amounts payable17/49 | €63,693 | €37,028 | €47,077 | €31,700 | ▼ 32.7% |
| Amounts payable within one year42/48 | €63,693 | €37,028 | €47,077 | €31,700 | ▼ 32.7% |
| Trade debts44 | €9,087 | €5,822 | €6,556 | €3,062 | ▼ 53.3% |
| Suppliers440/4 | €9,087 | €5,822 | €6,556 | €3,062 | ▼ 53.3% |
| Advances received on contracts in progress46 | - | - | €11,322 | €5,596 | ▼ 50.6% |
| Taxes, remuneration and social security45 | €16,783 | €6,380 | €3,358 | €3,374 | ▲ 0.5% |
| Taxes450/3 | €16,783 | €6,380 | €3,358 | €3,374 | ▲ 0.5% |
| Other amounts payable47/48 | €37,822 | €24,826 | €25,841 | €19,668 | ▼ 23.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €338 | -€31,968 | €3,523 | -€2,173 | ▼ 162% |
| + Depreciation and write-downs630 | €2,927 | €2,050 | €2,050 | €1,974 | ▼ 3.7% |
| Operating cash flow (approximation) | €3,265 | -€29,917 | €5,574 | -€199 | ▼ 104% |
| Investment in fixed assets (approximation) | - | €15,559 | €0 | €0 | - |
| Change in cash | - | -€2,505 | €1 | €47 | ▲ 6,642% |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
13-02
KBO administration
Address strikeout annulled
19-01
KBO administration
Address struck
event 18-11-2025
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Back to profitnet €3,523
Net result €3,523 after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
31-12
Financial
Weakest financial yearnet -€31,968
Net result drops to -€31,968, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Putte · 1 establishment unit since 2022
Ground area
2,258 m²
Building footprint
574 m²
Volume, LiDAR
3,845 m³
2 parcels, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CEA
since 20222.326.581.028
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001B0611/00A000 | Flanders | 1,458 m² | 1 · 313 m² | 7.5 m · 1 fl. |
| 12029B0867/00P003 | Flanders | 800 m² | 1 · 261 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 656 companies in sector 47715 we hold annual accounts for 187. 40 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
Founded19-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47715Retail trade
47120Other non-specialised retail sale
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780660552
Also
9925:BE0780660552
Registered
18-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.