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CED AUDIO

Active Private limited company (pre-2019)founded 2008active for 17 yearsVieux Chemin de Nivelles 136C, 1440 Braine-le-ChâteauKBO/BCE: BE 0808.322.972

Lifetime

17 annual accounts with figures on one time axis
peak €50,858 (2024)
€29,741▼ 41.5%
lowest -€12,025 (2025)
-€12,025▼ €16,267
peak €46,678 (2020)
€25,747▼ 31.8%
€118,673▲ 68.8%
Board1 name since 2008
1 directorCharles-Emmanuel De Schutter
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Gross margin from €50,858 to €29,741Loss of €12,025Equity from €37,771 to €25,747Debts from €70,292 to €118,673Investments €94,012Cash from €12,601 to €1,658

Key points

from the 2025 annual accounts

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Debts

€118,673 82% of the balance sheet
Financial debts 57%Suppliers 12%Taxes and wages 9%Other 21%

Of this, €54,795 falls due within a year.

Investments

€94,012 2.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

0.52 was 1.14 in 2024

Short-term debts rose from €46,581 to €54,795.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Nine of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.

Position in the sector

-€12,025

Lower net result than 85% of companies in film, video and music. Sector median €5,451 · 1,872 companies.

Checked score

62
Healthy
Financially stronger than 27% of micro companies in film, video and music (NACE 59)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.3% 01-2025: 4.3%● unchanged vs 12-2024 02-2025: 4.2%▼ -0.1 percentage points vs 01-2025 03-2025: 4.1%▼ -0.1 percentage points vs 02-2025 04-2025: 4.2%▲ +0.1 percentage points vs 03-2025 05-2025: 3.8%▼ -0.4 percentage points vs 04-2025 06-2025: 3.7%▼ -0.1 percentage points vs 05-2025 07-2025: 3.8%▲ +0.1 percentage points vs 06-2025 08-2025: 4.4%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -3.6 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.4 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▲ +0.7 percentage points vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026

Financial strength
Weak

43-17equity 17.8% of total assets
34-10short-term debt 37.9% · cash 1.1%
52-22return on assets -8.3%

Score breakdown

raises risk
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
Loss of €12,025 (financial year 2025)
lowers risk
Size: total assets €144,419
Founded in 2008
Calculation

The band follows from the bankruptcy probability. 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 (NACE 59, micro). It does better than 29% of them on solvency, 22% on liquidity, 34% on profitability and 21% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,166 companies had the same profile as CED AUDIO has now. Each dot stands for 6 companies, two years later.

94.2%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CED AUDIO itself: 1.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 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 2,166 companies, not a prediction for CED AUDIO. 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.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.52 (1.14 in 2024), below 1. Short-term debt is 37.9% and cash 1.1% of total assets. 82.2% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €12,025 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €144,419
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
27 days late
2023
63 days late
2022
57 days late
2021
30 days late
2020
53 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed 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 26 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CE
Charles-Emmanuel De Schutter
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0808322972
Registered office moved from Uccle to Braine-le-Château New registered office: Vieux Chemin de Nivelles 136 C à 1440 Braine-le-Château · Previous registered office: Moensberg 47, 1180 Uccle · General meeting of 26-12-2022 · Gazette deed
First establishment Engelandstraat 437, Uccle
Incorporation published on 12-12-2008 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
CED AUDIO Braine-le-Château €144,419 €29,741 17.8% -
FLICKER FREE PROD Rixensart €126,417 €29,844 61.6% -
EYECONE Genappe €148,723 €33,253 79.2% -
PIETER La Roche-en-Ardenne €166,903 €21,969 44.4% -
TAKE Wichelen €196,774 €32,741 19.0% -
MATHIEU DEPUYDT Antwerp €162,011 €31,898 91.4% -
KAÏ-PRODUCTIONS Uccle €154,709 €43,254 85.4% -

These companies have the same main activity as CED AUDIO: post-production of films, video and television programmes (NACE 59120). They are comparable in size and age: total assets between €126,000 and €197,000, founded between 2001 and 2012.

Official details

Source: KBO
Status
Active since 10-12-2008Normal situation
Activity
Post-production of films, video and television programmesNACE 59120and 2 others
Establishment unit
2.175.547.7711180 Uccle, since 14-01-2009
Financial year end
31 December
Peppol
Reachable since 01-01-2026
Company details

Annual accounts 2025

€144,419▲ 33.6%
Filing
Filed on 29-09-2026
Financials

Insights on CED AUDIO

CED AUDIO files the micro format. That format states no turnover. The gross margin rose from €6,261 in 2009 to €29,741 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CED AUDIO

What is the company number of CED AUDIO?
The company number of CED AUDIO is 0808.322.972. The VAT number is the same number with BE in front: BE 0808.322.972.
Where is CED AUDIO based?
The registered office is at Vieux Chemin de Nivelles 136C, 1440 Braine-le-Château.Company details
What does CED AUDIO do?
According to the KBO register, the main activity is post-production of films, video and television programmes (NACE 59120).
What is the legal form of CED AUDIO?
CED AUDIO is a private limited company (pre-2019) (BVBA).
When was CED AUDIO founded?
CED AUDIO was founded on 10-12-2008.
Is CED AUDIO still active?
Yes, CED AUDIO is an active enterprise in the KBO register.
What is the turnover of CED AUDIO?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €29,741 and 2,934 comparable companies of the same size. It probably lies between €72,000 and €220,000. It is a rough estimate.Financials
Is CED AUDIO profitable?
In financial year 2025, CED AUDIO made a loss of €12,025.
Where can I find the annual accounts of CED AUDIO?
CED AUDIO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CED AUDIO due?
CED AUDIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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