Equity
€122,608 from €273,649 in 2016
Equity fell by 55% in 9 years.
CEDAU
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1995peak €56,450 (2015)
€20,856▲ 13.9%
lowest -€87,010 (2011)
-€16,941▼ €1,504
peak €273,649 (2016)
€122,608▼ 12.1%
€31,258▼ 72.4%
peak 1.5 FTE (2010)
-not published
Board4 names since 2017
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €18,311 to €20,856Loss of €16,941Equity from €139,549 to €122,608Debts from €113,224 to €31,258
Key points
from the 2025 annual accountsLosses
-€98,811 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Turnover
≈ €110,000 estimated
The micro format states no turnover.
Liquidity
0.25 was 0.65 in 2024
Short-term debts fell from €112,869 to €31,258.
Filings
30 annual accounts 31 filings since 1995
Ten of the last ten came late. The 2018 accounts came latest: 31 days after the end of the period.
Position in the sector
-€16,941
Lower net result than 89% of companies in warehousing and transport support. Sector median €10,299 · 1,324 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as CEDAU has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,843 companies, not a prediction for CEDAU. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452567950
Registered office moved within Flobecq
New registered office: Bichurées 2, 7880 FLOBECQ · Previous registered office: Bichurées 4, 7880 FLOBECQ · General meeting of 13-05-2024 · Gazette deed
1 director resigning
Change of role: , from director to sole director · Resignation: · Permanent representative: · General meeting of 05-06-2020 · Gazette deed
2 directors reappointed
(managing director) and · Permanent representative: · General meeting of 26-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CEDAU Flobecq | €153,866 | €20,856 | 79.7% | - |
| CELLA INVEST Pelt | €162,611 | €18,537 | -5.9% | 0 |
| Divalco Mechelen | €124,291 | €30,899 | 91.6% | - |
| SMSTORAGE Lasne | €149,011 | €12,676 | 6.4% | - |
| D. G. M. - BELGIUM Gingelom | €233,925 | €25,405 | 64.3% | - |
| VERENIGDE GROOTHANDELAARS IN GROENTEN EN FRUIT Bruges | €202,106 | €29,028 | 84.0% | - |
| ARCHIVAGE ET GARDIENNAGE Charleroi | €157,598 | €8,725 | 23.7% | - |
These companies have the same main activity as CEDAU: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €124,000 and €234,000, founded between 1987 and 1998.
Official details
Source: KBO- Status
- Active since 25-04-1994Normal situation
- Activity
- Warehousing and storageNACE 52100
- Establishment unit
- 2.066.789.5897880 Flobecq, since 29-06-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 13-07-2026
Insights on CEDAU
CEDAU files the micro format. That format states no turnover. The gross margin rose from €18,822 in 2007 to €20,856 in 2025.
The balance sheet grew most from 2008 to 2010 through fixed assets.
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 CEDAU
- What is the company number of CEDAU?
- The company number of CEDAU is 0452.567.950. The VAT number is the same number with BE in front: BE 0452.567.950.
- Where is CEDAU based?
- The registered office is at Bichurées 2, 7880 Flobecq.Company details
- What does CEDAU do?
- According to the KBO register, the main activity is warehousing and storage (NACE 52100).
- What is the legal form of CEDAU?
- CEDAU is a public limited company (NV).
- When was CEDAU founded?
- CEDAU was founded on 25-04-1994.
- Is CEDAU still active?
- Yes, CEDAU is an active enterprise in the KBO register.
- What is the turnover of CEDAU?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €20,856 and 30 comparable companies (NACE 52). It probably lies between €62,000 and €190,000. It is a rough estimate.Financials
- Is CEDAU profitable?
- In financial year 2025, CEDAU made a loss of €16,941.
- Where can I find the annual accounts of CEDAU?
- CEDAU filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CEDAU due?
- CEDAU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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