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Complete company report
Generated 18-07-2026
Active BE 0845.507.527Private limited company

CEE-CONSTRUCTION

Herentalseweg 42 ·2440 Geel, Belgium· 14 yrs active
Sector: NACE 25110 (25110)
Conclusion Checked

The computed 12-month bankruptcy probability of CEE-CONSTRUCTION is 0.9% (low). The 2024 annual accounts show equity of €816k and a net result of €-41k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 135 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €816k
Net result €-41k
Staff (FTE) 6.9
Better than sector 26%
Snowflake analysis 5 axes · computed by Checked
Health40Profitability0Solvency24Growth52Stability100
43 / 100

Fragile profile, watch profitability in particular.

Health 40
Profitability 0
Solvency 24
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
40 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · verkort
€-200k€0€200k€400kOperating result 2020: €193k€193kNet result 2020: €390k€390kOperating result 2021: €156k€156kNet result 2021: €111k€111kOperating result 2022: €183k€183kNet result 2022: €169k€169kOperating result 2023: €158k€158kNet result 2023: €107k€107kOperating result 2024: €41k€41kNet result 2024: €-41k€-41k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~20.8%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€500k€1.00M€1.50M€2.00M2025: €1.24M (€1.17M - €1.31M)2026: €1.50M (€1.43M - €1.56M)2027: €1.81M (€1.74M - €1.87M)2018: €333k2019: €333k2020: €471k2021: €582k2022: €751k2023: €858k2024: €816k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 25 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 17.3% 35.0%
better than 26% of 135 sector peers
Net result €-41k €44k
better than 15% of 135 sector peers
Equity €816k €284k
better than 77% of 135 sector peers
Gross operating margin €839k €329k
better than 74% of 135 sector peers
Staff costs €479k €303k
higher than 67% of 99 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€356k
+5.9% far above sector median
Net profit
€-41k
- far below sector median
Cash flow
€274k
-3.7% far above sector median
Total assets
€4.71M
+20.9% far above sector median
Equity
€816k
-4.8% far above sector median
Working capital
€52k
-93.2% +98% vs sector
Employees (FTE)
7
+25.5% -14% vs sector
Staff costs
€479k
+18.0% -15% vs sector
Income taxes
€871
+76.0% -40% vs sector
Debt
€3.90M
+28.1% far above sector median
Debt ≤ 1y
€1.17M
+205.1% far above sector median
Debt > 1y
€2.49M
+18.1% far above sector median
Current ratio
1.04
-65.2% ≈ vs sector
Quick ratio
0.75
-66.5% -24% vs sector
Solvency
17.3%
-21.2% -61% vs sector
Debt / equity
4.77
+34.6% far above sector median
ROE
-5.0%
- far below sector median
ROA
-0.9%
- far below sector median
Interest coverage
4.14
-37.3% -62% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€356k
Net profit€-41k
Cash flow€274k
Staff costs€479k
Income taxes€871
Dividends-
Total assets€4.71M
Equity€816k
Debt€3.90M
of which ≤ 1y€1.17M
of which > 1y€2.49M
Working capital€52k
Employees (FTE)6.9
Ratios (computed)
2024
Current ratio1.04
Quick ratio0.75
Working capital ratio1.1%
Solvency17.3%
Debt / equity4.77
Long-term debt ratio3.05
Interest coverage4.14
Gross margin-
Net margin-
ROA-0.9%
ROE-5.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€4.71M
Fixed assets 21/28€3.49M
Intangible fixed assets 21€10k
Tangible fixed assets 22/27€3.47M
Financial fixed assets 28€5k
Current assets 29/58€1.22M
Stocks & contracts in progress 3€343k
Amounts receivable within one year 40/41€265k
Cash & bank 54/58€315k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.71M
Equity 10/15€816k
Contributions / capital 10/11€69k
Reserves 13€748k
Amounts payable 17/49€3.90M
Amounts payable after one year 17€2.49M
Amounts payable within one year 42/48€1.17M
Trade debts payable within one year 44€361k
Income statement
Gross operating margin 9900€839k
Operating result 9901€41k
Financial income 75€5k
Financial charges 65€86k
Result before taxes 9903€-40k
Income taxes 67/77€871
Net result for the period 9904€-41k
Result to be appropriated 9905€-41k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 25110
Legal form Private limited company(610)
Incorporation23-04-2012
StatusActive
Postal code2440
Establishment units 1 location
CEE-CONSTRUCTION
Herentalseweg 42, 2440 GeelVervaardiging van metalen constructiewerken en delen daarvan
since 20122.211.675.422
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13373B0314/00B000 Flanders 4,776 m² 1 · 2,819 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
28-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
12-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
31-01-2024
State Gazette act Director changes
23486102 · Wim VANBERGHEN · correction
2023
29-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
13-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
13-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
28-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
08-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
02-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
03-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
29-09-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
31-01-2024 Change of permanent representative Director changes·Wim VANBERGHENcorrection
Summary: 23486102Notary: Wim VANBERGHEN · Oud-Turnhout
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121
Primary activity highlighted.
Names & trade names
Legal nameNL CEE-CONSTRUCTION
Registered office
Herentalseweg 42
2440 Geel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative