Liquidity
Short-term debts fell from €41,053 to €4,786.
Short-term debts fell from €41,053 to €4,786.
The 2018 accounts came latest: 31 days after the end of the period.
Higher solvency than 93% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 94% of them on solvency, 43% on liquidity, 80% on profitability and 72% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.
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).
In July 2024, 26,972 companies had the same profile as CEDEBE has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CEDEBE itself is higher: 2.7% within 12 months. It rests on far more data about CEDEBE than the profile alone.
The method was tested on the 497,448 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 | 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 26,972 companies, not a prediction for CEDEBE. 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.
Liquidity is ample, with a current ratio of 2.28 (0.9 in 2024), above the usual 1.5. Short-term debt is 14.7% and cash 0.2% of total assets. 14.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CEDEBE Berlaar | €32,533 | €15,383 | 85.3% | - |
| Adrona Rijkevorsel | €35,333 | €14,273 | 75.4% | - |
| CATERING-EXPRESS Zonhoven | €36,991 | €17,324 | -209.1% | - |
| WINE DINE & 69 Diest | €33,542 | €14,090 | 0.1% | - |
| LLWL La Louvière | €26,746 | €16,099 | 57.5% | - |
| EOMT Amay | €40,830 | €15,617 | 40.3% | - |
| SOLVENTURES Antwerp | €31,817 | €16,654 | 28.3% | - |
These companies have the same main activity as CEDEBE: event catering (NACE 56210). They are comparable in size and age: total assets between €26,700 and €40,800, founded between 2016 and 2019.
CEDEBE files the micro format. That format states no turnover. The gross margin rose from -€348 in 2018 to €15,383 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 94% of 17,162 companies in 2025.
Higher than 77% of 16,586 companies in 2025.
Higher than 78% of 16,669 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
32,533 | 62,636 | 48,879 | 46,959 | 37,402 | 13,023 | 11,603 | 11,953 | |
21/28 |
21,600 | 25,654 | 29,707 | 32,412 | 20,305 | 890 | 1,452 | 2,154 | |
22/27 |
21,600 | 25,654 | 29,707 | 32,412 | 20,305 | 890 | 1,452 | 2,154 | |
22 |
17,385 | 20,083 | 22,782 | 24,131 | 13,542 | - | - | - | |
23 |
3,576 | 4,291 | 5,006 | 5,721 | 6,436 | - | - | - | |
24 |
640 | 1,280 | 1,920 | 2,560 | 328 | 890 | 1,452 | 2,154 | |
29/58 |
10,932 | 36,983 | 19,172 | 14,548 | 17,097 | 12,133 | 10,151 | 9,799 | |
40/41 |
10,882 | 35,975 | 18,315 | 4,891 | 5,265 | 1,868 | 9,133 | 9,500 | |
40 |
0 | 35,655 | 16,641 | 1,133 | 5,054 | - | - | - | |
41 |
10,882 | 320 | 1,674 | 3,758 | 212 | 1,868 | 9,133 | 9,500 | |
54/58 |
50 | 1,008 | 857 | 9,657 | 11,832 | 8,136 | 1,018 | 299 | |
490/1 |
- | - | - | - | - | 2,129 | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
32,533 | 62,636 | 48,879 | 46,959 | 37,402 | 13,023 | 11,603 | 11,953 | |
10/15 |
27,747 | 21,584 | 2,693 | 1,773 | 13,589 | 11,990 | 11,603 | 11,953 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
10 |
- | 12,400 | 12,400 | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | 6,200 | 6,200 | - | - | 6,200 | 6,200 | 6,200 | |
14 |
15,347 | 9,184 | -9,707 | -10,627 | 1,189 | -410 | -797 | -447 | |
17/49 |
4,786 | 41,053 | 46,186 | 45,186 | 23,813 | 1,033 | - | - | |
42/48 |
4,786 | 41,053 | 46,186 | 45,186 | 23,813 | 1,033 | - | - | |
44 |
0 | 8,254 | 13,622 | 78 | - | - | - | - | |
440/4 |
0 | 8,254 | 13,622 | 78 | - | - | - | - | |
45 |
- | - | - | 8,802 | 11,910 | 40 | - | - | |
450/3 |
- | - | - | 1,132 | 11,910 | 40 | - | - | |
454/9 |
- | - | - | 7,671 | - | - | - | - | |
47/48 |
4,786 | 32,799 | 32,564 | 36,306 | 11,903 | 993 | - | - | |
| Income statement | |||||||||
70 |
- | - | - | - | - | 33,892 | - | - | |
9900 |
15,383 | 60,519 | 45,940 | 30,382 | 13,163 | 15,035 | 633 | -348 | |
60/61 |
- | - | - | - | - | 18,857 | - | 348 | |
62 |
- | 37,306 | 41,327 | 39,000 | 8,728 | 14,028 | - | - | |
630 |
4,054 | 4,054 | 2,704 | 3,032 | 2,782 | 562 | 702 | 656 | |
640/8 |
4,961 | 187 | 919 | 101 | - | 2 | - | 96 | |
9901 |
6,368 | 18,972 | 990 | -11,752 | 1,653 | 443 | -70 | -1,099 | |
75/76B |
- | - | 2 | 1 | - | - | - | 660 | |
75 |
- | - | 2 | 1 | - | - | - | 660 | |
65/66B |
92 | 81 | 72 | 65 | 54 | 56 | 280 | 8 | |
65 |
92 | 81 | 72 | 65 | 54 | 56 | 280 | 8 | |
9903 |
6,277 | 18,890 | 920 | -11,816 | 1,599 | 387 | -350 | -447 | |
67/77 |
113 | - | - | - | - | - | - | - | |
9904 |
6,163 | 18,890 | 920 | -11,816 | 1,599 | 387 | -350 | -447 | |
9905 |
6,163 | 18,890 | 920 | -11,816 | 1,599 | 387 | -350 | -447 | |
| Appropriation of the result | |||||||||
9906 |
15,347 | 9,184 | -9,707 | -10,627 | 1,189 | -410 | -797 | -447 | |
14P |
9,184 | -9,707 | -10,627 | 1,189 | -410 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 4 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 2025 (PDF), filed on 31-05-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00133568.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 31-05-2026 | 2026-00133568 | |
| 30-09-2024 | micro format | 30-01-2025 | 2025-00017658 | |
| 30-09-2023 | micro format | 28-05-2024 | 2024-00098241 | |
| 30-09-2022 | micro format | 30-05-2023 | 2023-00100560 | |
| 30-09-2021 | micro format | 30-05-2022 | 2022-20040378 | |
| 30-09-2020 | micro format | 04-05-2021 | 2021-13100568 | |
| 30-09-2019 | micro format | 30-05-2020 | 2020-14100069 | |
| 30-09-2018 | micro format | 31-05-2019 | 2019-15400350 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 10,422 | 23,025 | 3,694 | -8,719 | 4,435 | 1,005 | 633 | -444 | ||
| 10,217 | 22,944 | 3,625 | -8,784 | 4,381 | 949 | 353 | 209 | ||
| 0 | 0 | 0 | 15,139 | 22,197 | 0 | 0 | 2,810 | ||
| -957 | 150 | -8,799 | -2,175 | 3,696 | 7,117 | 720 | - | ||
| 6,147 | -4,070 | -27,014 | -30,639 | -6,716 | 11,100 | - | - | ||
| - | - | - | - | - | 1.3% | - | - | ||
| 85.3% | 34.5% | 5.5% | 3.8% | 36.3% | 92.1% | 100.0% | 100.0% | ||
| 2.28 | 0.90 | 0.42 | 0.32 | 0.72 | 11.75 | - | - | ||
| 0.17 | 1.90 | 17.15 | 25.49 | 1.75 | 0.09 | - | - | ||
| 22.2% | 87.5% | 34.2% | -666.5% | 11.8% | 3.2% | -3.0% | -3.7% | ||
| 18.9% | 30.2% | 1.9% | -25.2% | 4.3% | 3.0% | -3.0% | -3.7% | ||
| over 100 | over 100 | 51.35 | -133.18 | 82.27 | - | - | - | ||
| - | - | - | - | - | 20 days | - | - |
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.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €15,139 | €22,197 |
| €4,054 | €4,054 | €2,704 | €3,032 | €2,782 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 66% lower than in 2024.
Debt's share of the balance-sheet total falls from 65.5% to 14.7%. Equity is higher and debt is lower.
CEDEBE has no parent and no holdings in its annual accounts. Christophe De Boever is the only director.
The connected companies are in the list below.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
CEDEBE was incorporated on 7 August 2017.1 The registered office was moved to Berlaar in 2021.2 Since 2024, Christophe De Boever has served as manager.3 Total assets rose from €11,603 in 2019 to €32,533 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Melkouwensteenweg 62 registered office 2590 Berlaar | 07-08-2017 | 2.300.540.684 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12002C0682/00G000 | 2,359 m² | 1 · 221 m² | 7.6 m · 2 |
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