CEE-ENGINEERING
ActiveFrom the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CEE-ENGINEERING has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €581,646. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 32% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 15-05-2008 Normal situation
- Legal form
- Private limited company
- Registered office
- Chaussée de Namur,H.-M. 2A, 1320 Beauvechain
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
- Establishment units
- 2.181.668.273 1320 Beauvechain, since 15-05-2008
- 2.371.362.760 3001 Leuven, since 21-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 11-06-2025
Board and ownership
Board
- CEE-GROUPDirector · since 04-01-2010 · permanent representative BOSMANS Koen
- DroomstroomDirector · since 30-06-2022 · permanent representative BERGE Jacobus
Shareholders
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €3.7m
- ▲ 17.9%
- Turnover
- ≈ €6.3m
- estimated
- Profit
- €581,646
- ▲ 23.1%
- Equity
- €3.5m
- ▲ 15.1%
- Total assets
- €12.0m
- ▼ 4.5%
- Staff
- 19.5 FTE
- ▼ 2.0%
2025 accounts filed on time
Filed on 31-07-2026at the National Bank
Score breakdownlowers riskSize: 19.5 FTE, total assets €12.0mFigures for financial year 2025 (filed on 04-08-2026)Profit of €581,646 (financial year 2025)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of small companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Average
Solvency
54+5
equity 29.1% of total assets
Liquidity
50-16
short-term debt 27.1% · cash 8.2%
Profitability
75+2
return on assets 4.9%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
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 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.1%▼ -0.1 percentage points vs 09-2025
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 01-2026
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
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (2.14 in 2024), above the usual 1.5. Short-term debt is 27.1% and cash 8.2% of total assets. However, 70.9% of the assets are financed with debt and provisions.
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 71, small). It does better than 34% of them on solvency, 47% on liquidity, 59% on profitability and 69% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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.
Signals
Five signals.
lowers riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 days late
2023
33 days early
2022
21 days late
2021
79 days late
2020
18 days early
2019
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 21 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, abbreviated format
In the rankings
#2 company by total assets in Beauvechain, Professional and technical services sector#2 company by equity in Beauvechain, Professional and technical services sector#4 company by staff growth in Walloon Brabant, Architecture and engineering sector
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-07-2026
- Format
- abbreviated format
- Reference
- 2026-00376504
Turnover
≈ €6.3m
Estimated: probably between €4.3m and €10.0m
EBIT margin
Not included in this filing
Net result
€581,646▲ 23.1%
2024 · €472,634
Working capital
€2.0m▼ 30.7%
2024 · €2.9m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 23% higher than in 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Operating result€0.8m
2025
Net result€0.6m
2025
Assets, equity and debt per financial year.
Total assets€12.0m
2025
Equity€3.5m
2025
Debt€8.2m
2025
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital€2.0m
2025
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Return on assets (ROA)4.9%
2025
The higher the solvency, the better the company absorbs a setback.
Solvency29.1%
2025
A ratio above 1 means the short-term assets cover the short-term debts.
Current ratio1.61
2025
Average staff per financial year, in full-time equivalents (FTE).
Staff (FTE)19.5
2025
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.5m-€0.6m▲ 17.6%€0.5m▼ 19.0%€0.4m▼ 19.2%€0.7m▲ 89.4%€1.4m▲ 99.9%€0.6m▼ 56.5%€0.8m▲ 23.5%
Net result€0.3m-€0.4m▲ 25.4%€0.4mabove the sector's middle half▼ 19.0%€0.3mabove the sector's middle half▼ 11.8%€0.7mabove the sector's middle half▲ 114%€1.2mabove the sector's middle half▲ 79.4%€0.5mabove the sector's middle half▼ 60.3%€0.6mabove the sector's middle half▲ 23.1%
Equity€0.8m-€1.0m▲ 23.8%€1.3mabove the sector's middle half▲ 35.9%€1.6mabove the sector's middle half▲ 23.3%€1.8mabove the sector's middle half▲ 10.0%€2.7mabove the sector's middle half▲ 50.8%€3.0mabove the sector's middle half▲ 10.7%€3.5mabove the sector's middle half▲ 15.1%
Total assets€2.6m-€1.9m▼ 27.8%€2.3mabove the sector's middle half▲ 22.1%€2.6mabove the sector's middle half▲ 15.9%€8.8mabove the sector's middle half▲ 234%€10.1mabove the sector's middle half▲ 14.9%€12.5mabove the sector's middle half▲ 23.7%€12.0mabove the sector's middle half▼ 4.5%
Debt€1.7m-€0.8m▼ 50.9%€0.9m▲ 11.8%€0.8m▼ 13.0%€6.8m▲ 755%€7.3m▲ 6.7%€9.4m▲ 28.6%€8.2m▼ 12.7%
Working capital€1.2m-€1.0m▼ 15.1%€1.5mabove the sector's middle half▲ 53.0%€1.7mabove the sector's middle half▲ 11.9%€3.2mabove the sector's middle half▲ 90.7%€2.3mabove the sector's middle half▼ 28.0%€2.9mabove the sector's middle half▲ 23.4%€2.0mabove the sector's middle half▼ 30.7%
Solvency30.7%-52.6%▲ 21.9pp58.5%within the sector's middle half▲ 5.9pp62.3%within the sector's middle half▲ 3.7pp20.5%within the sector's middle half▼ 41.8pp26.9%within the sector's middle half▲ 6.4pp24.1%within the sector's middle half▼ 2.8pp29.1%within the sector's middle half▲ 4.9pp
Current ratio1.90-2.37▲ 0.473.55above the sector's middle half▲ 1.183.19above the sector's middle half▼ 0.363.29above the sector's middle half▲ 0.092.17within the sector's middle half▼ 1.112.14within the sector's middle half▼ 0.041.61within the sector's middle half▼ 0.52
Return on assets (ROA)13.4%-23.3%▲ 9.9pp15.5%above the sector's middle half▼ 7.8pp11.8%within the sector's middle half▼ 3.7pp7.5%within the sector's middle half▼ 4.2pp11.8%within the sector's middle half▲ 4.2pp3.8%within the sector's middle half▼ 8.0pp4.9%within the sector's middle half▲ 1.1pp
Staff (FTE)9.2-11.3▲ 22.8%10.8within the sector's middle half▼ 4.4%10.9within the sector's middle half▲ 0.9%14.2within the sector's middle half▲ 30.3%15.7within the sector's middle half▲ 10.6%19.9within the sector's middle half▲ 26.8%19.5above the sector's middle half▼ 2.0%
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.0m
Fixed assets
€6.7m ▼ 5.5%
Current assets
€5.2m ▼ 3.1%
Equity and liabilities €12.0m
Equity
€3.5m ▲ 15.1%
Provisions
€291,681 ▲ 143%
Debt
€8.2m ▼ 12.7%
Debt's share of the balance-sheet total falls from 74.9% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.7m▲
2024 · €1.5m
Cash flow
€1.5m▲
2024 · €1.3m
Debt to equity
2.36▼
2024 · 3.11
ROE
16.7%▲
2024 · 15.7%
Interest coverage
9.17▼
2024 · 11.00
Debt ≤ 1 year
€3.2m▲
2024 · €2.5m
Debt > 1 year
€4.9m▼
2024 · €5.0m
Income taxes
€9,055▼
2024 · €16,328
Staff costs
€1.8m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Companies with the same profile, two years later
Historical observationIn July 2024, 4,107 companies had the same profile as CEE-ENGINEERING has now. Two years later, 1.0% had gone bankrupt and 98.0% were still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.0%
went bankrupt
0.9%
stopped otherwise
98.0%
was still going
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CEE-ENGINEERING itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 4,107 companies, not a prediction for CEE-ENGINEERING. 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.004m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €1.2m | €1.4m | €1.6m | €1.8m | ▲ 10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.07m | €0.07m | €0.06m | €0.1m | €0.6m | €0.9m | €0.9m | ▲ 10.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.2m | -€0.03m | -€0.06m | €0.02m | €0.2m | ▲ 646% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.004m | €0.01m | €0.004m | €0.004m | ▲ 1.4% |
| Gross operating margin9900 | €1.4m | €1.3m | €1.2m | €1.4m | €2.0m | €3.3m | €3.1m | €3.7m | ▲ 17.9% |
| Operating profit (loss)9901 | €0.5m | €0.6m | €0.5m | €0.4m | €0.7m | €1.4m | €0.6m | €0.8m | ▲ 23.5% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.02m | €0.006m | €0.02m | ▲ 157% |
| Recurring financial income75 | €0.003m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | €0.006m | €0.02m | ▲ 157% |
| Financial charges65/66B | - | - | - | €0.01m | €0.06m | €0.1m | €0.1m | €0.2m | ▲ 39.3% |
| Recurring financial charges65 | €0.006m | €0.002m | €0.004m | €0.01m | €0.06m | €0.1m | €0.1m | €0.2m | ▲ 39.3% |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.6m | €0.5m | €0.4m | €0.7m | €1.3m | €0.5m | €0.6m | ▲ 20.8% |
| Income taxes67/77 | €0.1m | €0.1m | €0.1m | €0.07m | €0.002m | €0.1m | €0.02m | €0.009m | ▼ 44.5% |
| Profit (loss) for the period9904 | €0.3m | €0.4m | €0.4m | €0.3m | €0.7m | €1.2m | €0.5m | €0.6m | ▲ 23.1% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.4m | €0.5m | €0.3m | €0.7m | €1.2m | €0.5m | €0.6m | ▲ 23.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.6m | €1.9m | €2.3m | €2.6m | €8.8m | €10.1m | €12.5m | €12.0m | ▼ 4.5% |
| Fixed assets21/28 | €0.1m | €0.2m | €0.2m | €0.2m | €4.2m | €5.8m | €7.1m | €6.7m | ▼ 5.5% |
| Intangible fixed assets21 | €0.009m | €0.02m | €0.02m | €0.02m | €0.008m | €0.003m | €0.07m | €0.4m | ▲ 428% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.2m | €4.2m | €5.8m | €7.0m | €6.3m | ▼ 10.0% |
| Land and buildings22 | - | - | - | €0.04m | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 25.3% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.03m | €1.5m | €1.8m | €1.6m | ▼ 12.2% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.07m | €0.1m | €0.1m | €0.1m | = |
| Leasing and similar rights25 | - | - | - | - | €4.0m | €4.1m | €5.1m | €4.6m | ▼ 9.3% |
| Other tangible fixed assets26 | - | - | - | €0.002m | €0.03m | €0.05m | €0.05m | €0.04m | ▼ 19.2% |
| Financial fixed assets28 | €125 | €0.01m | €125 | €125 | €125 | €125 | €0.006m | - | - |
| Current assets29/58 | €2.5m | €1.7m | €2.1m | €2.5m | €4.6m | €4.3m | €5.4m | €5.2m | ▼ 3.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.3m | €0.3m | €0.05m | €0.05m | €0.05m | = |
| Other amounts receivable291 | - | - | - | €0.3m | €0.3m | €0.05m | €0.05m | €0.05m | = |
| Stocks and contracts in progress3 | - | - | - | - | - | €0.3m | €0.2m | - | - |
| Contracts in progress37 | - | - | - | - | - | €0.3m | €0.2m | - | - |
| Amounts receivable within one year40/41 | €1.1m | €0.7m | €0.7m | €1.2m | €1.2m | €1.3m | €2.7m | €3.6m | ▲ 32.6% |
| Trade receivables40 | - | - | - | €1.1m | €1.0m | €1.1m | €2.3m | €2.7m | ▲ 18.5% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.2m | €0.4m | €0.9m | ▲ 111% |
| Current investments50/53 | - | - | - | - | - | €0.06m | €0.1m | €0.2m | ▲ 50.0% |
| Cash at bank and in hand54/58 | €1.0m | €0.7m | €1.1m | €1.0m | €3.2m | €1.8m | €2.2m | €1.0m | ▼ 55.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.04m | €0.7m | €0.08m | €0.4m | ▲ 425% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.6m | €1.9m | €2.3m | €2.6m | €8.8m | €10.1m | €12.5m | €12.0m | ▼ 4.5% |
| Equity10/15 | €0.8m | €1.0m | €1.3m | €1.6m | €1.8m | €2.7m | €3.0m | €3.5m | ▲ 15.1% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.02m | €0.2m | €1.1m | €1.4m | €1.6m | €2.5m | €2.8m | €3.2m | ▲ 16.4% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.4m | €1.5m | €2.5m | €2.8m | €3.2m | ▲ 16.4% |
| Profit (loss) carried forward14 | €0.5m | €0.6m | €120 | €0.001m | €0.005m | - | - | - | - |
| Provisions and deferred taxes16 | €0.1m | €0.06m | €0.02m | €0.2m | €0.2m | €0.1m | €0.1m | €0.3m | ▲ 143% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.3m | ▲ 143% |
| Other liabilities and charges164/5 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.3m | ▲ 143% |
| Amounts payable17/49 | €1.7m | €0.8m | €0.9m | €0.8m | €6.8m | €7.3m | €9.4m | €8.2m | ▼ 12.7% |
| Amounts payable after more than one year17 | €0.06m | €0.03m | €0.02m | €0.02m | €3.7m | €4.2m | €5.0m | €4.9m | ▼ 1.6% |
| Financial debts170/4 | - | - | - | €0.02m | €3.7m | €4.2m | €5.0m | €4.9m | ▼ 1.6% |
| Amounts payable within one year42/48 | €1.3m | €0.7m | €0.6m | €0.8m | €1.4m | €2.0m | €2.5m | €3.2m | ▲ 28.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.007m | €0.4m | €0.6m | €0.7m | €0.9m | ▲ 22.7% |
| Financial debts43 | - | - | - | - | - | - | - | €0.5m | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €0.5m | - |
| Trade debts44 | €0.9m | €0.3m | €0.5m | €0.6m | €0.8m | €1.0m | €1.1m | €1.3m | ▲ 14.6% |
| Suppliers440/4 | - | - | - | €0.6m | €0.8m | €1.0m | €1.1m | €1.3m | ▲ 14.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.4% |
| Taxes450/3 | - | - | - | €0.03m | €0.1m | €0.06m | €158 | €0.002m | ▲ 12× |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 5.2% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.002m | €0.3m | €0.6m | €0.4m | ▼ 20.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €1.7m | €1.1m | €1.8m | €0.02m | ▼ 99.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.4m | €0.4m | €0.3m | €0.7m | €1.2m | €0.5m | €0.6m | ▲ 23.1% |
| + Depreciation and write-downs630 | €0.07m | €0.07m | €0.07m | €0.06m | €0.1m | €0.6m | €0.9m | €0.9m | ▲ 10.8% |
| Operating cash flow (approximation) | €0.4m | €0.5m | €0.4m | €0.4m | €0.8m | €1.8m | €1.3m | €1.5m | ▲ 15.2% |
| Investment in fixed assets (approximation) | - | -€0.1m | -€0.09m | -€0.06m | -€4.1m | -€2.2m | -€2.2m | -€0.6m | ▲ 74.6% |
| Change in cash | - | -€0.3m | €0.4m | -€0.07m | €2.2m | -€1.4m | €0.4m | -€1.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00376504 | NBB |
| 31-12-2024 | full format | 29-08-2025 | 2025-00466774 | |
| 31-12-2023 | full format | 28-06-2024 | 2024-00180676 | |
| 31-12-2022 | full format | 21-08-2023 | 2023-00342475 | |
| 31-12-2021 | full format | 18-10-2022 | 2022-20467524 | |
| 31-12-2020 | full format | 13-07-2021 | 2021-34600386 | |
| 31-12-2019 | full format | 24-09-2020 | 2020-55600372 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-61400095 | |
| 31-12-2017 | full format | 26-07-2018 | 2018-38800046 | |
| 31-12-2016 | full format | 29-06-2017 | 2017-24300460 |
Comparable companies
These companies have the same main activity as CEE-ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €8.5m and €18m, founded between 1997 and 2006.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| CEE-ENGINEERING Beauvechain | 2008 | €12.0m | €3.5m | €3.7m | €0.6m | 19.5 | 2025 |
| De Roeve Automation Lokeren | 2000 | €9.7m | €2.5m | €3.1m | €0.8m | 18.5 | 2025 |
| BiogasTec Gent | 2005 | €17.9m | €14.7m | €2.9m | €2.0m | 22.9 | 2025 |
| FLEXIBLE AUTOMATION INNOVATIVE SOLUTIONS Herentals | 1999 | €13.1m | €5.5m | €2.9m | €0.9m | 19.2 | 2025 |
| Caeleste Mechelen | 2006 | €8.5m | €5.7m | €4.2m | €0.7m | 35.2 | 2025 |
| AAQUA Sint-Katelijne-Waver | 1998 | €10.9m | €4.3m | €4.4m | €1.1m | 28.4 | 2025 |
| V.M.I. Engineering and Contracting Hoegaarden | 1997 | €10.3m | €3.1m | €3.4m | €0.6m | 25.3 | 2025 |
They were chosen from the 6,768 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Subsidies and aid
Flemish government
2023 to 2025 · 9 entries · €380,773 awarded · €306,415 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €307,598 | €258,240 |
| 2024 | 3 | €19,575 | €19,575 |
| 2023 | 2 | €53,600 | €28,600 |
Federal government
2023 · 1 entry · €70,000 in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2023 | FOD Buitenlandse Zaken | 1 | €70,000 |
European Union, budget
2024 · 1 entry · €1.2m in totalProjects
EEETHOS - ENERGY EFFICIENCY AND ELECTRIFICATION TECHNOLOGIES FOR HEAT FLOW OPTIMIZATION IN PROCESS INDUSTRIES
European research
1 project · €1.1m EU contributionProgrammes
Projects
Energy Efficiency and Electrification Technologies for Heat Flow Optimization in Process Industries
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
Board 2
CEE-GROUP
Current
Director (not named in the articles) · since 04-01-2010 · Private limited company · permanent representative: BOSMANS Koen · listed in the 2025 annual accounts, filed on 31-07-2026
Droomstroom
Current
Director (not named in the articles) · since 30-06-2022 · Private limited company · permanent representative: BERGE Jacobus · listed in the 2025 annual accounts, filed on 31-07-2026
Permanent representatives 2
BERGE Jacobus
Current
Permanent representative · appointed in the act of 28-12-2023 · for Droomstroom
BOSMANS Koen
Current
Permanent representative · appointed in the act of 28-12-2023 · for CEE-GROUP
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CEE-GROUP |
|
| Droomstroom |
|
The board according to the articles of association
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs”
Articles of association, deed of 28-12-2023
Owners and capital
Shareholders
1 ownerChain of control
- CEE-GROUP
- CEE-ENGINEERING
Owners 1
- CEE-GROUPparentSourceaccounts CEE-GROUP 202570%
Capital transactions
Capital over time
- 28-12-2023 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Toute cession/transmission à tiers volontaire/forcée entre vifs/mort onéreux/gratuit usufruit/nue-propriété/pleine propriété…”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 28-12-2023 (in Dutch)
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
CEE-CONSTRUCTION
Shared corporate director
→
LA BOMBA
Shared corporate director
→
History
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-07
financial year 2025 · abbreviated format
2025
29-08
financial year 2024 · full format · 29 days late
2024
28-06
financial year 2023 · full format
2023
31-12
Financial
Highest result from 2018 to 2025net €1.2m ▲79.4%
The operating result of €1.4m and the net result of €1.2m are both a record.
31-12
Financial
Equity above €2mequity €2.7m ▲50.8%
With a profit in every financial year since 2018, equity grows to €2.7m.
28-12
Gazette deed
Resignations: CEE-GROUP (manager) and DROOMSTROOM (manager)Appointments: CEE-GROUP (director) and DROOMSTROOM (director) · Permanent representatives: BOSMANS Koen and BERGE Jacobus · Power of attorney15 points ▸
Gazette deed
Resignations: CEE-GROUP (manager) and DROOMSTROOM (manager)
Appointments: CEE-GROUP (director) and DROOMSTROOM (director) · Permanent representatives: BOSMANS Koen and BERGE Jacobus · Power of attorney15 points ▸
- Director resignation, CEE-GROUP (manager)
- Director appointment, CEE-GROUP (director (not named in the articles))
- Director resignation, DROOMSTROOM (manager)
- Director appointment, DROOMSTROOM (director (not named in the articles))
- Permanent representative, BOSMANS Koen
- Permanent representative, BERGE Jacobus
- Other provision, “décharge au gérant démissionnaire, décidera sur la décharge pour l'exécution de son mandat” (deed in Dutch)
- Power of attorney, mentioned 2 times in the deed
- General meeting, 07-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in Dutch)
- Reserve release, “formes et majorités modification des statuts, suppression” (deed in Dutch)
- The act holds 3 more points.
21-08
financial year 2022 · full format · 21 days late
2022
18-10
financial year 2021 · full format · 79 days late
2021
13-07
financial year 2020 · full format
2020
31-12
Financial
Equity above €1mequity €1.3m ▲35.9%
With a profit in every financial year since 2018, equity grows to €1.3m.
24-09
financial year 2019 · full format · 55 days late
2019
30-08
financial year 2018 · full format · 30 days late
2018
26-07
financial year 2017 · full format
2017
29-06
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordName
CEE-ENGINEERING in French
Enterprise number
0898.038.272
Legal form
Private limited company
Status
Active, normale toestand
Founded
15-05-2008
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
CEE-Engineering
deed of 28-12-2023 (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.
“Sortir adresse exacte des statuts, 3”
1 more provision on this in the deed
deed of 28-12-2023 (in Dutch)Registered office and establishments
Registered office
Chaussée de Namur,H.-M. 2A, 1320 Beauvechain, Belgium
Establishments
2 establishment units since 2008
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
43212
Electrical installation work in industrial facilities
74999
Other professional, scientific and technical activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 28-12-2023 (in Dutch)
“Développer,tester,vendre,construire,surveiller et entretenir des technologies de processus industriel et d'énergie pour son propre compte…”
9 activities
- Développer,tester,vendre,construire,surveiller et entretenir des technologies de processus industriel et d'énergie pour son propre compte et/ou pour le compte de tiers.
- Mesure de l'énergie des processus de production industrielle,tant sur site que dans son propre laboratoire,pour son propre compte et/ou pour le compte de tiers.
- L'octroi et/ou la vente de licences de savoirfaire et/ou de brevets relatifs aux technologies des procédés industriels et de l'énergie.
- Exploitation d'installations industrielles de processus et d'énergie sous sa propre direction ou en mandatant des tiers.
- Investir dans des installations industrielles de processus et d'énergie,les posséder et les exploiter.
- Louer,donner en leasing ou mettre à la disposition de tiers des technologies des procédés industriels et de l'énergie.
- Financer les technologies des procédés industriels et de l'énergie
- Créer et/ou participer au capital d'autres sociétés(fonctionner comme une société holding),même si elles n'ont que peu ou pas de rapport avec sa propre activité.
- En outre:la norme en matière de conseil,d'immobilier,de représentation,d'activités internationales(UE,USA et CANADA),...
Invoicing and payment
VAT number
BE 0898.038.272
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0898.038.272
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June
deed of 28-12-2023 (in Dutch)The scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits
1 application in Flanders since 2019 · 1 granted
Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
2 establishment units
CEE-ENGINEERING
since 2008unit number 2.181.668.273
Ambachtenlaan 40, 3001 Leuven
since 2025unit number 2.371.362.760
Buildings and parcels at the addresses
Ground area
5,960 m²
Building footprint
2,173 m²
Building volume
481 m³
2 parcels, Flanders, Wallonia · tallest building 11.4 m.
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24514C0276/00A000 | Flanders | 4,603 m² | 1 · 2,046 m² | 11.4 m |
| 25038C0314/00S000 | Wallonia | 1,357 m² | 1 · 127 m² | - |