Equity
€21,662 from €189,001 in 2024
Equity fell by 89% in 1 year.
Cedtech
Overview
Lifetime
5 annual accounts with figures on one time axispeak €96,494 (2021)
€70,213▼ 6.1%
peak €74,273 (2021)
€51,661▲ 26.2%
peak €189,001 (2024)
€21,662▼ 88.5%
€70,909▲ 17.6%
Board1 name since 2020
1 directorWILLEMS Cedric
Documentsfilings and deeds
23-02-2026158 days before the deadline
2025micro format
Result from €40,929 to €51,661Dividend €219,000Equity from €189,001 to €21,662Debts from €60,295 to €70,909Cash from €118,322 to €47,941
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€70,909 77% of the balance sheet
Financial debts 4%Taxes and wages 11%Other 85%
Of this, €67,871 falls due within a year.
Liquidity
0.98 was 5.17 in 2024
Short-term debts rose from €39,432 to €67,871.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 46 to 158 days before the end of the period.
Starting capital
€5,000
Checked score
92
Excellent
Financially stronger than 39% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025highest value
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%● unchanged vs 08-2025highest value
10-2025: < 0.1%● unchanged vs 09-2025highest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 0.98, cash €47,941, halved
Size: total assets €92,571
Figures for financial year 2025 (filed on 23-02-2026)
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 62, micro). It does better than 24% of them on solvency, 43% on liquidity, 82% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as Cedtech has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Cedtech itself is lower: < 0.1% within 12 months. It rests on far more data about Cedtech than the profile alone.
Test of the method
The method was tested on the 497,447 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 6,713 companies, not a prediction for Cedtech. 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
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.98 (5.17 in 2024), below 1. Short-term debt is 73.3% and cash 51.8% of total assets. 76.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 23%
← 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 23-02-2026, 158 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
158 days early
2024
157 days early
2023
46 days early
2022
49 days early
2021
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 91 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 12 June (4 of the last 5 accounts filed within 108 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0758724102
Registered office moved within Mol
New registered office: Pastoor Damsstraat 12-2400 Mol · Previous registered office: Turnhoutsebaan 247/101, 2400 Mol · General meeting of 08-09-2023 · Gazette deed
Incorporation
Founding capital of €5,000 · Founder: WILLEMS Cedric · Appointment: WILLEMS Cedric (director) · published on 26-11-2020 · Gazette deed
First establishment
Pastoor Damsstraat 12, Mol
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Cedtech Mol | €92,571 | €70,213 | 23.4% | - |
| POSSS Arendonk | €103,385 | €68,119 | 48.7% | - |
| BONIMA Rijkevorsel | €92,533 | €75,385 | 19.4% | - |
| BIBESO Mechelen | €91,217 | €70,226 | 6.6% | - |
| het gele huis Mechelen | €91,787 | €61,750 | 92.4% | - |
| Pete.Reyn Consulting Mortsel | €99,350 | €65,081 | 85.3% | - |
| Simon Wydooghe Antwerp | €94,488 | €73,231 | 1.5% | - |
These companies have the same main activity as Cedtech: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €91,200 and €103,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 24-11-2020Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.310.379.8502400 Mol, since 24-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 02-11-2025
Annual accounts 2025
- €70,213▼ 6.1%
- €51,661▲ 26.2%
- €21,662▼ 88.5%
- €92,571▼ 62.9%
- Filing
- Filed on 23-02-2026, 158 days before the end of the filing period
Insights on Cedtech
Cedtech files the micro format. That format states no turnover. The gross margin fell from €96,494 in 2021 to €70,213 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-02-2026, 158 days before the deadline€70,213
▼ 6.1%
€48,598
▼ 8.8%
€51,661
▲ 26.2%
-€1,131
▼ €165,454
23.4%
▼ 52.4 percentage points
0.98
▼ 4.18
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 ≈ €130,000. Estimated: probably between €120,000 and €180,000.
Balance sheet
balance sheet total €92,571 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
23.4%
Higher than 23% of 21,208 companies in 2025.
0.98
Higher than 16% of 20,571 companies in 2025.
55.8%
Higher than 89% of 20,746 companies in 2025.
Cedtech
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
92,571 | 249,296 | 241,350 | 224,155 | 128,354 | |
21/28 |
25,831 | 45,541 | 66,189 | 80,028 | - | |
22/27 |
25,831 | 45,541 | 66,189 | 80,028 | - | |
23 |
937 | - | - | - | - | |
24 |
23,335 | 43,403 | 63,472 | 80,028 | - | |
26 |
1,560 | 2,138 | 2,716 | - | - | |
29/58 |
66,740 | 203,755 | 175,161 | 144,127 | 128,354 | |
40/41 |
18,423 | 19,414 | 14,400 | 15,420 | 23,020 | |
40 |
16,486 | 15,728 | 14,242 | 13,021 | 20,621 | |
41 |
1,937 | 3,687 | 158 | 2,399 | 2,399 | |
50/53 |
- | 65,858 | 53,757 | 128,707 | 7,500 | |
54/58 |
47,941 | 118,322 | 101,844 | - | 97,834 | |
490/1 |
376 | 160 | 5,160 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
92,571 | 249,296 | 241,350 | 224,155 | 128,354 | |
10/15 |
21,662 | 189,001 | 148,072 | 93,482 | 79,273 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
16,662 | 184,001 | 143,072 | 74,273 | 74,273 | |
133 |
16,662 | 184,001 | 143,072 | 74,273 | 74,273 | |
14 |
- | - | - | 14,208 | - | |
17/49 |
70,909 | 60,295 | 93,278 | 130,673 | 49,081 | |
17 |
2,996 | 20,863 | 38,539 | 73,327 | - | |
170/4 |
2,996 | 20,863 | 38,539 | 73,327 | - | |
42/48 |
67,871 | 39,432 | 54,738 | 57,346 | 49,081 | |
42 |
17,867 | 17,676 | 22,602 | 16,026 | 18,085 | |
44 |
- | 123 | 1,351 | 1,225 | 223 | |
440/4 |
- | 123 | 1,351 | 1,225 | 223 | |
45 |
7,634 | 8,200 | 10,555 | 7,978 | 8,839 | |
450/3 |
7,634 | 8,200 | 7,777 | 7,978 | 8,839 | |
454/9 |
- | - | 2,778 | - | - | |
47/48 |
42,370 | 13,432 | 20,230 | 32,117 | 21,933 | |
492/3 |
42 | - | - | - | - | |
| Income statement | ||||||
9900 |
70,213 | 74,744 | 68,167 | 47,237 | 96,494 | |
630 |
21,029 | 20,647 | 19,708 | 17,339 | - | |
640/8 |
585 | 791 | 1,707 | 159 | 1,349 | |
9901 |
48,598 | 53,305 | 46,752 | 29,739 | 95,145 | |
75/76B |
16,779 | 1,067 | 150 | 152 | 1 | |
75 |
16,779 | 1,067 | 150 | 152 | 1 | |
65/66B |
397 | 1,840 | 2,976 | 683 | 771 | |
65 |
397 | 1,840 | 2,976 | 683 | 771 | |
9903 |
64,981 | 52,532 | 43,926 | 29,208 | 94,375 | |
67/77 |
13,320 | 11,603 | 9,887 | 15,000 | 20,101 | |
9904 |
51,661 | 40,929 | 34,038 | 14,208 | 74,273 | |
9905 |
51,661 | 40,929 | 34,038 | 14,208 | 74,273 | |
| Appropriation of the result | ||||||
9906 |
51,661 | 40,929 | 34,038 | 14,208 | 74,273 | |
791/2 |
219,000 | - | - | - | - | |
691/2 |
51,661 | 40,929 | 34,038 | - | 74,273 | |
6921 |
51,661 | 40,929 | 34,038 | - | 74,273 | |
694/7 |
219,000 | - | - | - | - | |
694 |
219,000 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 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 23-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-02-2026 | 2026-00041926 | |
| 31-12-2024 | micro format | 24-02-2025 | 2025-00038196 | |
| 31-12-2023 | micro format | 15-06-2024 | 2024-00131601 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00118454 | |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20065329 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 69,627 | 73,952 | 66,460 | 47,078 | - | ||
| 72,689 | 61,576 | 53,746 | 31,548 | - | ||
| 1,318 | 0 | 5,869 | 97,368 | - | ||
| -70,381 | 16,478 | - | - | - | ||
| -1,131 | 164,323 | 120,423 | 86,781 | 79,273 | ||
| 23.4% | 75.8% | 61.4% | 41.7% | 61.8% | ||
| 0.98 | 5.17 | 3.20 | 2.51 | 2.62 | ||
| 3.27 | 0.32 | 0.63 | 1.40 | 0.62 | ||
| 238.5% | 21.7% | 23.0% | 15.2% | 93.7% | ||
| 55.8% | 16.4% | 14.1% | 6.3% | 57.9% | ||
| over 100 | 40.20 | 22.33 | 68.93 | - |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,318 | - | €5,869 | €97,368 | - |
| €21,029 | €20,647 | €19,708 | €17,339 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Cedtech
The operating result for 2025 is 9% lower than in 2024.
Debt's share of the balance-sheet total rises from 24.2% to 76.6%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 26-11-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 23-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte. Indien er verschillende…”deed of 26-11-2020
Mandates through the years
1 name, the dashed line is todayWILLEMS Cedric
Director
Director
Board
Mandates as a list
- WILLEMS Cedric
- Director, appointed by deed of 26-11-2020, still in office
Control
Capital
- Contribution
- €5,000
- Source
- deed of 26-11-2020
Articles of association
deed of 26-11-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Founder
At incorporation
deed of 26-11-2020 ↗
- WILLEMS Cedric sole founder · 100% at incorporation
Network & group
No group
Cedtech has no parent and no holdings in its annual accounts. WILLEMS Cedric is the only director. Cedtech shares no director with another company.
Timeline
Timeline
12 events since 2020Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 158 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0758724102
Annual accounts 2024 filed PDFmicro format · 157 days before the deadline
2024
Equity above €150,000 equity €189,001 ▲27.6% With a profit in every financial year since 2021, equity grows to €189,001.
Annual accounts 2023 filed PDFmicro format · 46 days before the deadline
2023
Equity above €100,000 equity €148,072 ▲58.4% With a profit in every financial year since 2021, equity grows to €148,072.
Registered office moved within MolNew registered office: Pastoor Damsstraat 12-2400 Mol · Previous registered office: Turnhoutsebaan 247/101, 2400 Mol · General meeting of 08-09-20232 points ▸
- General meeting, 08-09-2023
- Registered-office move, Pastoor Damsstraat 12-2400 Mol
Annual accounts 2022 filed PDFmicro format · 49 days before the deadline
2022
Weakest financial year net €14,208 ▼80.9% The net result drops to €14,208, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 47 days before the deadline
2020
IncorporationFounding capital of €5,000 · Founder: WILLEMS Cedric · Appointment: WILLEMS Cedric (director) · published on 26-11-20204 points ▸
- Founder, WILLEMS Cedric
- Founding capital, €5,000
- Registered office clause, Turnhoutsebaan 247/101, 2400 Mol
- Director appointment, WILLEMS Cedric
- The deed holds 1 more point.
First establishment Pastoor Damsstraat 12, Mol
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
On 24 November 2020, Cedtech was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2023 the registered office moved to Mol.3 WILLEMS Cedric is director of the company, appointed by deed of 26-11-2020.2 Total assets went from €128,354 in 2021 to €92,571 in 2025.4
Company details
Identity
- Enterprise number
- 0758.724.102
- VAT number
- BE 0758.724.102
- Peppol ID
- 0208:0758724102
- Other Peppol ID
- 9925:BE0758724102
- LEI code
- 984500E01F7562D7C017 no longer live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-11-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 20:00deed of 26-11-2020 (in Dutch)
- Peppol
- Reachable since 02-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Cedtech in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-11-2020 (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 26-11-2020 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Informaticatoepassing & IT consultancy in de meestal ruime zin; Procesoptimalisatie; Consultancy; Projectmanagement; Algemene…”deed of 26-11-2020 (in Dutch)
7 activities
- Informaticatoepassing & IT consultancy in de meestal ruime zin
- Procesoptimalisatie
- Consultancy
- Projectmanagement
- Algemene managementactiviteiten
- Managementprestaties : het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere managementactiviteiten.Het uitoefenen van de functie van bestuurder,zaakvoerder,directeur of vereffenaar van andere vennootschappen.
- Patrimoniumbeheer : de uitbating van een onderneming voor onroerende goederen,meer bepaald het verwerven,vervreemden,beheren,uitbaten,verkavelen,huren en verhuren,het doen bouwen of verbouwen,promotie van onroerende goederen,evenals alle transacties en verrichtingen in onroerende goederen in de brede zin.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Pastoor Damsstraat 12 registered office 2400 Mol | 24-11-2020 | 2.310.379.850 |
Buildings and parcels at the address
- Ground area
- 411 m²
- Buildings
- 104 m²
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13435C0078/00B002 | 411 m² | 1 · 104 m² | - |