The computed 12-month bankruptcy probability of CEDUBO RENOVATION is 20.6% (high). The latest annual accounts of CEDUBO RENOVATION were filed more than 90 days after the deadline. The 2023 annual accounts show negative equity (-€640) and a net result of -€2,640. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
“Het bouwbedrijf, zonder beperking van de activiteiten, diegene die zouden worden gereguleerd vanaf de…” (deed in Dutch)
From the articles, 56 activitiesNo NACE code in the KBO yet
Size
€25,432total assets 2023
Equity
-€640
Loss
-€2,640
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
20.6%
2023 figures too old to score
Structure
Accounts filed 252 days late2 of 3 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 253 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 10-10-2024)No registered site in the KBOFiled more than 90 days lateAdministrative warnings in the KBO publicationslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency22
equity -2.5% of total assets
Liquidity14
short-term debt 102.5% · cash 11.4%
Profitability7
return on assets -10.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
20.6%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,371 companies, NACE 70, micro)
Last 24 months11-2024: 5.9%12-2024: 5.7%▼ -0.2 percentage points vs 11-202401-2025: 5.6%▼ -0.1 percentage points vs 12-2024lowest value02-2025: 6.6%▲ +1.0 percentage point vs 01-202503-2025: 7.3%▲ +0.7 percentage points vs 02-202504-2025: 9.9%▲ +2.6 percentage points vs 03-202505-2025: 9.3%▼ -0.6 percentage points vs 04-202506-2025: 10.5%▲ +1.2 percentage points vs 05-202507-2025: 13.3%▲ +2.8 percentage points vs 06-202508-2025: 13.3%● unchanged vs 07-202509-2025: 13.8%▲ +0.5 percentage points vs 08-202510-2025: 12.7%▼ -1.1 percentage points vs 09-202511-2025: 12.7%● unchanged vs 10-202512-2025: 12.5%▼ -0.2 percentage points vs 11-202501-2026: 12.5%● unchanged vs 12-202502-2026: 15.3%▲ +2.8 percentage points vs 01-202603-2026: 15.3%● unchanged vs 02-202604-2026: 15.3%● unchanged vs 03-202605-2026: 15.3%● unchanged vs 04-202606-2026: 15.4%▲ +0.1 percentage points vs 05-202607-2026: 15.4%● unchanged vs 06-202608-2026: 11.1%▼ -4.3 percentage points vs 07-202609-2026: 19.2%▲ +8.1 percentage points vs 08-202610-2026: 20.6%▲ +1.4 percentage points vs 09-2026highest value
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 09-10-2024, 252 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
This company filed its 2023 accounts 252 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.