Losses
-€53,602 in three years
Every financial year from 2019 to 2021 closed with a loss. 2019 was the heaviest.
Cedalion
Overview
Information for creditors
Enterprise Court of Ghent, Dendermonde division · Official Gazette of 01-02-2024Appeal or third-party opposition 16-02-2024Filing the claim in RegSol 21-02-2024First verification report 01-03-2024Late claim 22-01-2025
Trustee: Johan Colpaert. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
5 annual accounts with figures on one time axispeak €100,101 (2018)
€45,709▲ 211%
lowest -€21,214 (2019)
-€14,376▲ €3,636
peak €44,785 (2018)
-€8,817▼ €14,376
€131,015▲ 11.1%
peak 1.7 FTE (2018)
-not published
Board2 names since 2016
2 directorsCollewaert Barbara and 1 other
Documentsfilings and deeds
31-08-202231 days late
2021micro format
Gross margin from €14,689 to €45,709Loss of €14,376Equity from €5,560 to -€8,817
Key points
from the 2021 annual accounts, the last ones filedDebts
€131,015 107% of the balance sheet
Financial debts 15%Suppliers 13%Taxes and wages 38%Other 34%
Of this, €113,765 falls due within a year.
Filings
5 annual accounts 3 late
The 2020 accounts came latest: 88 days after the end of the period.
No score
Recent changes
Supervising judge replaced
Enterprise Court of Ghent, Dendermonde division · judgment of 15-06-2026 · Bankruptcy
Supervising judge replaced
Enterprise Court of Ghent, Dendermonde division · judgment of 19-01-2026 · Bankruptcy
Bankruptcy published
Enterprise Court of Ghent, Dendermonde division · judgment of 22-01-2024 · Bankruptcy
2 directors appointed, 2 resignations
Resignations: D’Hanis Bert and Collewaert Barbara · Appointments: D’Hanis Bert (director) and Collewaert Barbara (director) · “één- en meerdaagse teambuildingsactiviteiten organiseren en begeleiden; één- en meerdaagse sport- en…” (deed in Dutch) · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 22-01-2024
- Activity
- Activities of independent sportspeopleNACE 93192and 1 other
- Establishment units
- 2.250.476.9079160 Lokeren, since 05-02-2016
- 2.343.441.9059160 Lokeren, since 01-04-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2021
- €45,709▲ 211%
- ≈ €180,000estimated
- €14,376▼ 20.2%
- -€8,817
- €122,198▼ 1.0%
- ≈ 0.9 FTEestimated
- Filing
- Filed on 31-08-2022
Insights on Cedalion
Equity fell from €44,785 in 2018 to -€8,817 in 2021, while debts rose from €118,006 to €131,015.
On 22 January 2024 the court declared Cedalion bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2021
micro format, filed on 31-08-2022, 31 days late€45,709
▲ 211%
-€8,983
▲ €6,632
-€14,376
▲ €3,636
-€44,861
▼ €18,784
-7.2%
▼ 11.7 percentage points
0.61
▼ 0.10
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €110,000 and €330,000.
Balance sheet
balance sheet total €122,198 on 31-12-2021What the company ownsHow it is paid for
in euro
Position in the sector
-7.2%
Higher than 25% of 2,345 companies in 2021.
0.61
Higher than 35% of 2,266 companies in 2021.
-11.8%
Higher than 18% of 2,284 companies in 2021.
Cedalion
Middle half of the sector
80% of the sector
Micro accounts in sports and recreation (NACE 93)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
contracts started
contracts ended
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
122,198 | 123,491 | 122,615 | 162,792 | 124,564 | |
21/28 |
53,294 | 62,222 | 84,229 | 97,992 | 85,964 | |
21 |
32,679 | 40,679 | 48,667 | 56,667 | 64,667 | |
22/27 |
15,864 | 16,792 | 30,812 | 40,325 | 21,298 | |
23 |
9,248 | 3,559 | 10,963 | 13,859 | 21,298 | |
24 |
6,616 | 13,233 | 19,849 | 26,466 | - | |
28 |
4,750 | 4,750 | 4,750 | 1,000 | - | |
29/58 |
68,904 | 61,269 | 38,387 | 64,800 | 38,599 | |
3 |
19,567 | 25,259 | - | - | - | |
30/36 |
19,567 | 25,259 | - | - | - | |
40/41 |
41,581 | 28,125 | 37,793 | 37,877 | 36,141 | |
40 |
28,495 | 28,024 | 36,966 | 35,849 | 28,369 | |
41 |
13,087 | 101 | 827 | 2,028 | 7,772 | |
50/53 |
- | 7,812 | - | - | - | |
54/58 |
5,819 | - | - | 26,923 | 2,458 | |
490/1 |
1,937 | 72 | 593 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
122,198 | 123,491 | 122,615 | 162,792 | 124,564 | |
10/15 |
-8,817 | 5,560 | 23,572 | 44,785 | 39,711 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | - | - | - | |
130 |
- | - | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | - | - | - | |
14 |
-16,877 | -2,500 | 15,512 | 36,725 | 31,651 | |
17/49 |
131,015 | 117,931 | 99,043 | 118,006 | 84,853 | |
17 |
17,250 | 30,586 | 19,132 | 27,629 | 9,019 | |
170/4 |
17,250 | 30,586 | 19,132 | 27,629 | 9,019 | |
42/48 |
113,765 | 87,346 | 78,661 | 90,377 | 75,834 | |
42 |
13,336 | 11,730 | 12,799 | 13,361 | 4,814 | |
43 |
2,762 | 2,797 | - | - | - | |
430/8 |
2,762 | 2,797 | - | - | - | |
44 |
17,285 | 42 | 26 | 2,924 | 3,336 | |
440/4 |
17,285 | 42 | 26 | 2,924 | 3,336 | |
45 |
49,419 | 17,865 | 26,534 | 36,855 | 37,251 | |
450/3 |
41,295 | 17,763 | 19,697 | 28,481 | 35,621 | |
454/9 |
8,124 | 102 | 6,836 | 8,374 | 1,630 | |
47/48 |
30,962 | 54,911 | 39,302 | 37,236 | 30,433 | |
492/3 |
- | - | 1,250 | - | - | |
| Income statement | ||||||
9900 |
45,709 | 14,689 | 66,756 | 100,101 | 93,680 | |
62 |
32,898 | 4,487 | 54,287 | 60,481 | 7,743 | |
630 |
17,360 | 22,452 | 22,633 | 23,918 | 32,630 | |
640/8 |
4,434 | 3,366 | 6,665 | 5,560 | 4,001 | |
9901 |
-8,983 | -15,616 | -16,829 | 10,141 | 49,305 | |
75/76B |
58 | 315 | 230 | 151 | 4 | |
75 |
- | - | 230 | 151 | 4 | |
76B |
58 | 315 | - | - | - | |
65/66B |
5,361 | 2,711 | 4,614 | 3,263 | 2,043 | |
65 |
- | - | 4,614 | 3,263 | 2,043 | |
66B |
5,361 | 2,711 | - | - | - | |
9903 |
-14,286 | -18,012 | -21,214 | 7,029 | 47,266 | |
67/77 |
90 | - | - | 1,954 | 13,755 | |
9904 |
-14,376 | -18,012 | -21,214 | 5,075 | 33,511 | |
9905 |
-14,376 | -18,012 | -21,214 | 5,075 | 33,511 | |
| Appropriation of the result | ||||||
9906 |
-16,877 | -2,500 | 15,512 | 36,725 | 33,511 | |
14P |
-2,500 | - | - | - | - | |
691/2 |
- | - | - | - | 1,860 | |
6920 |
- | - | - | - | 1,860 | |
| Social balance sheet | ||||||
9087 |
- | - | - | 1.7 | - | |
Hours worked1013 |
- | - | - | 3,735 | - | |
| Document | ||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 31-08-2022.
Filings
each dot is a set of accounts, on the day it reached the National Bank2021 annual accounts filed 31 days after the deadline. Filed on 31 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20369741.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 31-08-2022 | 2022-20369741 | |
| 31-12-2020 | micro format | 27-10-2021 | 2021-73800566 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-37500565 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-41700170 | |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65700051 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| 8,377 | 6,836 | 5,804 | 34,059 | 81,936 | ||
| 2,984 | 4,440 | 1,420 | 28,993 | 66,141 | ||
| 8,432 | 445 | 8,870 | 35,946 | 118,595 | ||
| - | - | - | 24,465 | - | ||
| -44,861 | -26,077 | -40,274 | -25,577 | -37,234 | ||
| -7.2% | 4.5% | 19.2% | 27.5% | 31.9% | ||
| 0.61 | 0.70 | 0.49 | 0.72 | 0.51 | ||
| 0.43 | 0.41 | 0.49 | 0.72 | 0.51 | ||
| - | 21.21 | 4.20 | 2.63 | 2.14 | ||
| - | -324.0% | -90.0% | 11.3% | 84.4% | ||
| -11.8% | -14.6% | -17.3% | 3.1% | 26.9% | ||
| 1.56 | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2021 |
|---|---|
| Tangible fixed assets | €8,432 |
| €17,360 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Insights on Cedalion
The operating result for 2021 is a loss of €8,983, smaller than the loss of €15,616 in 2020.
Equity is negative. Debt (€131,015) exceeds the balance-sheet total (€122,198).
Board & ownership
Curator
the curator has managed the company since 22-01-2024Last board
2 directors, last change in 2023Director (not named in the articles)
since 05-02-2016
term without a fixed end
listed in the 2021 annual accounts, filed on 31-08-2022
Director (not named in the articles)
since 05-02-2016
term without a fixed end
listed in the 2021 annual accounts, filed on 31-08-2022
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-04-2023
Mandates through the years
2 names, the dashed line is todayCollewaert Barbara
Board
Board
D’Hanis Bert
Board
Board
BoardBankruptcy 22-01-2024
Mandates as a list
- Collewaert Barbara
- Board, from 05-02-2016, until the bankruptcy of 22-01-2024
- D’Hanis Bert
- Board, from 05-02-2016, until the bankruptcy of 22-01-2024
Control
Capital
- Contribution
- €8,060
- Source
- deed of 13-04-2023
Articles of association
deed of 13-04-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Network & group
No group
Cedalion has no parent and no holdings in its annual accounts. Cedalion shares no director with another company.
Timeline
Timeline
13 events since 2016Board
Filings
Financial
Establishments
Insolvency
201620182020202220242026
2026
Supervising judge replaced Enterprise Court of Ghent, Dendermonde division · judgment of 15-06-2026
Supervising judge replaced Enterprise Court of Ghent, Dendermonde division · judgment of 19-01-2026
2024
Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 22-01-2024
2023
2 directors appointed, 2 resignationsResignations: D’Hanis Bert and Collewaert Barbara · Appointments: D’Hanis Bert (director) and Collewaert Barbara (director) · “één- en meerdaagse teambuildingsactiviteiten organiseren en begeleiden; één- en meerdaagse sport- en…” (deed in Dutch)6 points ▸
- Purpose change, “één- en meerdaagse teambuildingsactiviteiten organiseren en begeleiden; één- en meerdaagse sport- en recreatieve evenementen en activiteiten organiseren en bege…” (deed in Dutch)
- Director resignation, D’Hanis Bert
- Director appointment, D’Hanis Bert (director (not named in the articles))
- Director resignation, Collewaert Barbara
- Director appointment, Collewaert Barbara (director (not named in the articles))
- Registered office clause, Kriktestraat 4, 9160 Lokeren
- The deed holds 4 more points.
New establishment in Lokeren De Molen, Heirbrugstraat 160
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 88 days late
2020
Annual accounts 2019 filed PDFmicro format · on the deadline day
2019
Weakest financial year net -€21,214 The net result drops to -€21,214, the lowest from 2017 to 2021.
Annual accounts 2018 filed PDFmicro format · on the deadline day
2018
Annual accounts 2017 filed PDFmicro format · 57 days late
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0647.855.080
- VAT number
- BE 0647.855.080
- Legal form
- Private limited company
- Status
- In bankruptcy, since 22-01-2024
- Founded
- 05-02-2016
- Financial year
- ends on 31 December
- Peppol
- Not found in the Peppol Directory
- Name
- Cedalion in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-04-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 13-04-2023 (in Dutch)
Activities
NACEBEL 202593192
Activities of independent sportspeople main activity
Codes under NACEBEL 2008
93192
Sports, amusement and recreation activities main activity
93110
Operation of sports facilities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Één- en meerdaagse teambuildingsactiviteiten organiseren en begeleiden; Één- en meerdaagse sport- en recreatieve evenementen en activiteiten…”deed of 13-04-2023 (in Dutch)
27 activities
- Één- en meerdaagse teambuildingsactiviteiten organiseren en begeleiden;
- Één- en meerdaagse sport- en recreatieve evenementen en activiteiten organiseren en begeleiden;
- Optreden als (sport) lesgever (animator,opvoeder,begeleider) in openbare diensten en privé sector;
- Alle activiteiten door de uitbating van een horecazaak en alle restaurateur- en traiteuractiviteiten zoals aan- en verkoop,handel,in- en uitvoer,vervoer van alle voedings- en eetwaren,al dan niet bereid en gereedgemaakt,en alle aanverwante bedrijvigheden;
- Eetgelegenheden met volledige bediening;
- Catering;
- Verkoop van dranken voor,in het algemeen,consumptie ter plaatse,eventueel in combinatie met enigerlei vorm van amusement door: cafés,bar,bierhallen,enz.
- Overige eetgelegenheden;
- Restaurant van het traditionele type;
- Verhuren van sport- en eventmateriaal,attracties en aanverwant (audiovisueel) materiaal aan openbare diensten en de privé sector;
- Verhuren van lesgevers en begeleiders aan openbare diensten en privé sector;
- Geven van voordrachten met betrekking tot teambuilding,sport in het algemeen;
- Het voeren van alle management- en consultancyactiviteiten;
- Alle mogelijke advies- en/of dienstenfuncties;
- Alle mogelijke activiteiten die verband houden met het verlenen van consultancy,opleiding,technische expertise en bijstand;
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis;
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven en ondernemingen,de vertegenwoordiging en het optreden als commercieel tussenpersoon;
- Het ter beschikking stellen van personeel;
- Het deelnemen aan management van vennootschappen in de ruimste zin,onder meer het uitoefenen van bestuursmandaten;
- Het leggen van commerciële contacten en optreden als tussenpersoon in de handel,zowel voor eigen rekening als voor rekening van derden,zowel op nationaal als op internationaal gebied;
- Het voeren van reclame,promotie of andere koop bevorderende activiteiten,tussenkomen bij sponsoring en de verhuur of het ter beschikking stellen van advertentieruimte op om het even welke drager en dit alles voor zichzelf of voor derden;
- Het uitvoeren van activiteiten die rechtstreeks of onrechtstreeks verband houden met het beheer van menselijk potentieel in de ruimste zin,zoals personeelsopleiding,interim management;
- Het verwerven van participaties in gelijk welke bestaande of op te richten vennootschap of onderneming,in België en in het buitenland,met een voorwerp dat identiek,gelijkwaardig,verwant of complementair is met dat van de vennootschap,of dat nuttig is voor de verwezenlijking van het voorwerp van de vennootschap. De participatie kan genomen worden bij wijze van fusie,inbreng,inschrijving,deelneming,financiële tussenkomst of gelijk welke andere vorm;
- Het prospecteren en aanbrengen van nieuwe cliënten voor eigen rekening of voor rekening van andere ondernemingen,het behartigen van belangen van individuen en/of beroepsgroepen bij derden en/of overheden; het negotiëren van contracten en tussenkomsten bij registratiedossiers;
- De vennootschap mag alle onroerende en roerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp;
- Het beheer van een onroerend of roerend vermogen en de huurfinanciering van roerende en onroerende goederen aan derden,het aankopen,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,prospecteren en uitbaten van onroerende goederen,verstrekken van zakelijke rechten zoals vruchtgebruik,opstalrecht,erfpacht met betrekking tot haar patrimonium aan derden alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen;
- De vennootschap mag al deze werkzaamheden verrichten voor eigen rekening en als tussenpersoon voor derden en in onder aanneming; zij mag zelf een beroep doen op onderaannemers.
Registered office and establishments
2 establishments| Establishment | Since | Unit number |
|---|---|---|
| Kriktestraat 4 registered office 9160 Lokeren 85510 Sports and recreation education | 05-02-2016 | 2.250.476.907 |
| De Molen Heirbrugstraat 160, 9160 Lokeren 5611105 Full-service restaurants | 01-04-2023 | 2.343.441.905 |
Buildings and parcels at the addresses
- Ground area
- 3,558 m²
- Buildings
- 360 m²
- Volume, LiDAR
- 873 m³
- Tallest building
- 7.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46383D1001/00G000 | 2,369 m² | 1 · 217 m² | 7.1 m |
| 46004A0375/00G000 | 1,189 m² | 1 · 142 m² | 5.5 m · 1 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.