Financials
- Fiscal year
- 2025
- Turnover
- €29.6m
- Profit
- €609,883
- Solvency
- -3.3%
Turnover▲ 28.2%
Net result
20202025
CED BELGIUM
ActiveSummary
CED BELGIUM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€771,118) and a net result of €609,883. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 606 sector peers (NACE 66, fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Insurance agents and brokers
NACE 66220Activities auxiliary to financial services and insurance activities NACE 66290
#2 company by staff growth in Flemish Brabant, Finance and insurance sector15 sites
Size
€29.6mturnover 2025
- Staff
- 170 FTE
- Equity
- -€771,118
- Profit
- €609,883
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
- Parent
- Erasmus Acquisition Holding BV
- Holdings
- 4
- INSITIODirector · permanent representative Bertrand Verstraeten
- DARUFEDirector · permanent representative Sven Marinus
- SSVD ConsultingDirector · permanent representative Sofie Van Dyck
Auditor: BV PwC BedrijfsrevisorenAccounts 52 days early
Signals- Weak solvency vs sectorLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 606 sector peers (2025).
NBB · sector comparisonPosition among 606 sector peers
Solvency
better than 5%
← weakest
strongest →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
52 days early
2024
84 days early
2023
281 days late
2022
6 days early
2021
39 days early
2020
23 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 22 June (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Resignations: Darufe BV (director) and Jan-Willem…Permanent representatives: Sven Marinus, Sofie…
- Capital & shares · Restructuring ·…Merger · Shareholding · Accounting…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€771,118 View
- Caution: Among the weakest 5% on solvencysector median 41.6% · 606 companies -3.3% View
- Positive: Back in profit in 2025after -€3.0m in 2024 €609,883 View
- 3 restructurings since 2025latest: merger with LEXA EXPERTISES 3 View
- Board changedlatest change 09-03-2026 · 3 in office 1 joined · 2 left View
- Controlled by Erasmus Acquisition Holding BVitself parent of 4 companies parent View
- Positive: 3 years of growth in a rowturnover 2025: €29.6m 3 years View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Erasmus Acquisition Holding BV
- Auditor
- BV PwC Bedrijfsrevisoren
- INSITIODirector
- DARUFEDirector
- SSVD ConsultingDirector
Network & group
- Subsidiaries
- 4
- Connected companies
- 5
- Mergers and contributions
- 6
4 subsidiaries
Timeline
- Events
- 35
- Since
- 2018
- Next accounts
- by 31-07-2027
- 19-01-2026Capital & shares · Restructuring · Miscellaneous
- 31-12-2025Back to profit
- 17-11-2025Restructuring
Company details
- Sites
- 15
- Legal form
- Public limited company
- Activity
- Insurance agents and brokersNACE 66220
- Founded
- 12-09-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Purpose
- 1. Het begroten en regelen van schade aan roerende, onroerende goederen en…
Go further with this company
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 Is the workforce growing, and do people stay?Employer check 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 What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.