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Cedar Machinery

Active
Private limited companyfounded 2011active for 15 yearsStationsstraat 6, 1861 Meise, BelgiumKBO/BCE: BE 0837.306.473
Summary

Cedar Machinery has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,287 and a net result of €7,373. Equity has been shrinking by about 8.3% per year since 2018. Its solvency ranks better than 73% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-06-2011 Normal situation
Activity
Wholesale of other machinery and equipment NACE 46649and 7 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment units
2.200.589.114 1861 Meise, since 27-06-2011
2.381.343.862 1861 Meise, since 15-12-2025
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€11,599
Turnover
≈ €150,000
estimated
Profit
€7,373
Equity
€129,287
▲ 6.0%
Total assets
€189,568
▲ 1.4%
Filed on 21-05-2026, 71 days before the deadline
Score breakdownraises riskSize: total assets €189,568lowers riskFounded in 2011Figures for financial year 2025 (filed on 21-05-2026)Equity €129,287 (68.2% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 93+3
equity 68.2% of total assets
Liquidity 43+4
short-term debt 29.4% · cash 4.1%
Profitability 74+60
return on assets 3.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.2 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.78 (2.98 in 2024), above the usual 1.5. Short-term debt is 29.4% and cash 4.1% of total assets. 31.8% of the assets are financed with debt and provisions.
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 46, micro). It does better than 73% of them on solvency, 41% on liquidity, 60% on profitability and 57% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2011
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 · Size: total assets €189,568
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 21-05-2026)
NBB · annual accounts
lowers risk · Equity €129,287 (68.2% of total assets)
NBB · annual accounts
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 days early
2024
59 days early
2023
65 days early
2022
59 days early
2021
45 days early
2020
57 days early
2019
56 days early
← 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 59 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 2 June (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
02-11-2026 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

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorlatest change 21-01-2026 · 1 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Abdallah Khaled (director)
  2. · Gazette deed Resignations & appointments
  3. · Gazette deed Change of role: Abdallah Samir, from manager to director
All 19 events

Comparable companies

These companies have the same main activity as Cedar Machinery: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €129,000 and €387,000, founded between 2005 and 2014.

CompanyTotal assetsGross margin
Cedar Machinery Meise€189,568€11,599
ILS3 Benelux Erpe-Mere€148,698€12,447
Advieselec Maarkedal€241,413€24,040
COMBOR Beveren-Kruibeke-Zwijndrecht€128,742€10,608
BASALECO Genk€387,002€22,213
S.E. Aeropa Oudenaarde€281,839€24,273
E-CARRUS Beveren-Kruibeke-Zwijndrecht€232,714€28,150
Full comparison

Key facts about Cedar Machinery

What is the company number of Cedar Machinery?
The company number of Cedar Machinery is 0837.306.473. The VAT number is the same number with BE in front: BE 0837.306.473.
Where is Cedar Machinery based?
The registered office is at Stationsstraat 6, 1861 Meise.Company details
What does Cedar Machinery do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of Cedar Machinery?
The legal form of Cedar Machinery is Private limited company (BV).
When was Cedar Machinery founded?
Cedar Machinery was founded on 27-06-2011.
Is Cedar Machinery still active?
Yes, Cedar Machinery is an active enterprise in the KBO register.
How many employees does Cedar Machinery have?
Cedar Machinery had an average of 0.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does Cedar Machinery fall under?
In its 2023 annual accounts, Cedar Machinery states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Cedar Machinery?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €11,599 and 216 comparable companies (NACE 46). It probably lies between €70,000 and €370,000. It is a rough estimate.
Is Cedar Machinery profitable?
In financial year 2025, Cedar Machinery made a profit of €7,373.
Where can I find the annual accounts of Cedar Machinery?
Cedar Machinery filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cedar Machinery due?
Cedar Machinery must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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