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CEGB

Active
Private limited companyfounded 200917 yrs activeTwee Dreven 92, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0817.862.824
Summary

CEGB has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,246 and a net result of €4,551. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 84% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▲+46
Solvency98▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.89 against 2.29 in 2024; short-term debt: 27.1% and cash: 7.2% of total assets), and 27.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
72.9%
Return on assets
5.2%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 22-12-2025, 68 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
68 d early
2024
66 d early
2023
69 d early
2022
61 d early
2021
60 d early
2020
68 d early
2019
75 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 67 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today. Usually files around 24 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-07-2026 close28-09-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 August 2009, CEGB was incorporated.1 Total assets went from EUR 223,794 in 2019 to EUR 88,168 in 2025 and headcount from 3.3 full-time equivalents in 2019 to 2.1 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€64,246▲ 7.6%
2024 · €59,695
Total assets
€88,168▼ 1.0%
2024 · €89,097
Net result
€4,551▲ 5,606%
2024 · €80
Working capital
€45,255▲ 19.3%
2024 · €37,927
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€365,260▲ 4,082%€4,551▼ 98.8%-€14,537-€2,119▲ 85.4%€2,352
Net result€264,390above the sector's middle half▲ 64,225%€3,343below the sector's middle half▼ 98.7%-€13,676below the sector's middle half€80below the sector's middle half€4,551within the sector's middle half▲ 5,606%
Equity€69,949below the sector's middle half▲ 25.9%€73,292below the sector's middle half▲ 4.8%€59,616below the sector's middle half▼ 18.7%€59,695below the sector's middle half▲ 0.1%€64,246within the sector's middle half▲ 7.6%
Total assets€557,991within the sector's middle half▲ 174%€134,135below the sector's middle half▼ 76.0%€87,017below the sector's middle half▼ 35.1%€89,097below the sector's middle half▲ 2.4%€88,168below the sector's middle half▼ 1.0%
Debt€488,042▲ 229%€60,844▼ 87.5%€27,402▼ 55.0%€29,402▲ 7.3%€23,922▼ 18.6%
Working capital€35,785within the sector's middle half▲ 1,258%€43,968within the sector's middle half▲ 22.9%€33,069within the sector's middle half▼ 24.8%€37,927within the sector's middle half▲ 14.7%€45,255within the sector's middle half▲ 19.3%
Solvency12.5%below the sector's middle half▼ 14.7pp54.6%within the sector's middle half▲ 42.1pp68.5%above the sector's middle half▲ 13.9pp67.0%above the sector's middle half▼ 1.5pp72.9%above the sector's middle half▲ 5.9pp
Current ratio1.07below the sector's middle half▲ 0.061.72within the sector's middle half▲ 0.652.21within the sector's middle half▲ 0.482.29within the sector's middle half▲ 0.082.89above the sector's middle half▲ 0.60
Return on assets (ROA)47.4%above the sector's middle half▲ 47.2pp2.5%within the sector's middle half▼ 44.9pp-15.7%below the sector's middle half▼ 18.2pp0.1%below the sector's middle half▲ 15.8pp5.2%within the sector's middle half▲ 5.1pp
Staff (FTE)2.1within the sector's middle half▼ 22.2%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000€400,000Operating result 2021: €365,260€365,260Net result 2021: €264,390€264,390Operating result 2022: €4,551€4,551Net result 2022: €3,343€3,343Operating result 2023: -€14,537-€14,537Net result 2023: -€13,676-€13,676Operating result 2024: -€2,119-€2,119Net result 2024: €80€80Operating result 2025: €2,352€2,352Net result 2025: €4,551€4,55120212022202320242025-€15,000-€10,000-€5,000€0€5,000Operating result 2023: -€14,537-€14,500Net result 2023: -€13,676-€13,700Operating result 2024: -€2,119-€2,120Net result 2024: €80€80Operating result 2025: €2,352€2,350Net result 2025: €4,551€4,550202320242025
The operating result returns to profit in 2025: €2,352 after a loss of €2,119 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,168
Fixed assets €18,991 ▼ 12.8%
Current assets €69,177 ▲ 2.7%
Equity and liabilities €88,168
Equity €64,246 ▲ 7.6%
Debt €23,922 ▼ 18.6%
Debt's share of the balance-sheet total falls from 33.0% to 27.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,130▲
2024 · €659
Cash flow
€7,328▲
2024 · €2,858
Debt to equity
0.37▼
2024 · 0.49
ROE
7.1%▲
2024 · 0.1%
Interest coverage
9.30▲
2024 · 1.20
Debt ≤ 1 year
€23,922▼
2024 · €29,402
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€89,097€88,168▼
Formation expenses20-€0
Fixed assets21/28€21,769€18,991▼
Intangible fixed assets21€5,556€2,778▼
Financial fixed assets28€16,213€16,213=
Current assets29/58€67,328€69,177▲
Amounts receivable within one year40/41€55,912€55,183▼
Other amounts receivable41€55,912€55,183▼
Cash at bank and in hand54/58€6,158€6,336▲
Deferred charges and accrued income490/1€5,258€7,658▲
Equity and liabilities
Total equity and liabilities10/49€89,097€88,168▼
Equity10/15€59,695€64,246▲
Contributions10/11€20,000€20,000=
Outside capital11€20,000-
Other1109/19€20,000-
Reserves13€10,000€10,000=
Distributable reserves133€10,000€10,000=
Profit (loss) carried forward14€29,695€34,246▲
Amounts payable17/49€29,402€23,922▼
Amounts payable within one year42/48€29,402€23,922▼
Trade debts44€11,189€5,709▼
Suppliers440/4€11,189€5,709▼
Taxes, remuneration and social security45-€0
Taxes450/3-€0
Other amounts payable47/48€18,213€18,213=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,778€2,778=
Other operating charges640/8-€271
Gross operating margin9900€659€5,400▲
Operating profit (loss)9901-€2,119€2,352▲
Financial income75/76B€2,750€2,750=
Recurring financial income75€2,750€2,750=
Financial charges65/66B€551€551=
Recurring financial charges65€551€551=
Profit (loss) for the period before taxes9903€80€4,551▲
Profit (loss) for the period9904€80€4,551▲
Profit (loss) for the period to be appropriated9905€80€4,551▲
Appropriation of the result
Profit (loss) to be appropriated9906€29,695€34,246▲
Profit (loss) brought forward from the previous period14P€29,616€29,695▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,957€2,778€2,778€2,778€2,778=
Other operating charges640/8-€620€258-€271-
Gross operating margin9900€413,718€7,948-€11,501€659€5,400▲ 720%
Operating profit (loss)9901€365,260€4,551-€14,537-€2,119€2,352▲ 211%
Financial income75/76B-€2,750€2,850€2,750€2,750=
Recurring financial income75€1,374€2,750€2,850€2,750€2,750=
Financial charges65/66B-€3,970€1,988€551€551=
Recurring financial charges65€8,811€3,970€1,988€551€551=
Profit (loss) for the period before taxes9903€357,823€3,331-€13,675€80€4,551▲ 5,606%
Income taxes67/77€93,433-€13€1---
Profit (loss) for the period9904€264,390€3,343-€13,676€80€4,551▲ 5,606%
Profit (loss) for the period to be appropriated9905€264,390€3,343-€13,676€80€4,551▲ 5,606%
Line20212022202320242025Change
Assets
Total assets20/58€557,991€134,135€87,017€89,097€88,168▼ 1.0%
Formation expenses20----€0-
Fixed assets21/28€34,163€29,324€26,546€21,769€18,991▼ 12.8%
Intangible fixed assets21€13,889€11,111€8,333€5,556€2,778▼ 50.0%
Financial fixed assets28€20,274€18,213€18,213€16,213€16,213=
Current assets29/58€523,828€104,811€60,471€67,328€69,177▲ 2.7%
Amounts receivable within one year40/41€377,773€55,121€55,604€55,912€55,183▼ 1.3%
Other amounts receivable41-€55,121€55,604€55,912€55,183▼ 1.3%
Cash at bank and in hand54/58€142,897€46,832€2,009€6,158€6,336▲ 2.9%
Deferred charges and accrued income490/1-€2,858€2,858€5,258€7,658▲ 45.6%
Equity and liabilities
Total equity and liabilities10/49€557,991€134,135€87,017€89,097€88,168▼ 1.0%
Equity10/15€69,949€73,292€59,616€59,695€64,246▲ 7.6%
Contributions10/11-€20,000€20,000€20,000€20,000=
Outside capital11-€20,000€20,000€20,000--
Other1109/19-€20,000€20,000€20,000--
Reserves13€10,000€10,000€10,000€10,000€10,000=
Non-distributable reserves130/1-€10,000----
Reserves not available under the articles1311-€10,000----
Distributable reserves133--€10,000€10,000€10,000=
Profit (loss) carried forward14€39,949€43,292€29,616€29,695€34,246▲ 15.3%
Amounts payable17/49€488,042€60,844€27,402€29,402€23,922▼ 18.6%
Amounts payable within one year42/48€488,042€60,844€27,402€29,402€23,922▼ 18.6%
Financial debts43-€17,537----
Credit institutions430/8-€17,537----
Trade debts44€136,640€26,189€11,189€11,189€5,709▼ 49.0%
Suppliers440/4-€26,189€11,189€11,189€5,709▼ 49.0%
Taxes, remuneration and social security45-€905--€0-
Taxes450/3-€905--€0-
Other amounts payable47/48-€16,213€16,213€18,213€18,213=
Line20212022202320242025Change
Profit (loss) for the period9904€264,390€3,343-€13,676€80€4,551▲ 5,606%
+ Depreciation and write-downs630€5,957€2,778€2,778€2,778€2,778=
Operating cash flow (approximation)€270,346€6,121-€10,899€2,858€7,328▲ 156%
Investment in fixed assets (approximation)-€2,061€0€2,000€0▼ 100%
Change in cash--€96,065-€44,824€4,149€178▼ 95.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2025
22-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
24-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-07
Financial Back to profitnet €80
Net result €80 after one loss-making year.
2023
22-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-07
Financial Weakest financial yearnet -€13,676
Net result drops to -€13,676, the lowest in the series; recovery starts the following year.
2022
29-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-07
Financial Highest result since 2019net €264,390 ▲64,225%
Operating result €365,260, net result €264,390, both a record.
2020
22-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
16-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
869 m²
Volume, LiDAR
9,888 m³
2 parcels, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Carrefour Express
Gentsestraat 80, 9300 AalstRetail trade
since 20092.180.526.643
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002A2041/00B002 Flanders 9,892 m² 1 · 689 m² 16.3 m · 4 fl.
44064B0877/02E000 Flanders 1,316 m² 1 · 180 m² 6.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. MIGB 100%
  2. GOGB 100%
  3. CEGB

Highest known parent: MIGB. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Dual-learning approval

3 ended
Winkelbediende (so)
ended · 2018 to 2023
Winkelmedewerker (vwo)
ended · 2018 to 2023
Winkelmedewerker duaal (so)
ended · 2018 to 2023

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,854. 4,663 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-08-2009
Fiscal year end31-07
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0817862824
Registered 07-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.