Equity
€197,808 ▲ 47.3%
CEHA has made a profit without a break since 2018.
CEHA
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €154,839 (2025)
€154,839▲ 0.6%
lowest -€32,270 (2009)
€63,542▼ 17.1%
peak €197,808 (2025)
€197,808▲ 47.3%
€66,097▼ 12.1%
peak 2.3 FTE (2009)
-not published
Board1 name since 2004
1 directorOTAG Haci
Documentsfilings and deeds
31-12-202531 days before the deadline
2025micro format
Equity from €134,266 to €197,808Investments €67,277Cash from €109,893 to €56,595
Key points
from the 2025 annual accountsTurnover
≈ €1.3m estimated
The micro format states no turnover.
Investments
€67,277 17.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 174.6% higher than in 2024.
Staff
3 employees on 30-06-2025
In 2025, 3 people joined and 1 left.
Filings
20 annual accounts since 2006
Five of the last ten came late. The 2018 accounts came latest: 95 days after the end of the period.
Position in the sector
€63,542
Higher net result than 91% of companies in retail trade. Sector median €5,052 · 22,900 companies.
Checked score
98
Excellent
Financially stronger than 84% of micro companies in retail trade (NACE 47)
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: 0.6% across 40,271 companies (NACE 47, 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 12-2024highest value
02-2025: < 0.1%▼ -0.1 percentage points 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 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: 0.1%▲ +0.1 percentage points 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
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 2.92, cash €56,595
Founded in 2004
Equity €197,808 (75.0% of total assets)
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 47, micro). It does better than 85% of them on solvency, 74% on liquidity, 91% on profitability and 85% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.
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, 31,368 companies had the same profile as CEHA has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CEHA itself: 0.1% within 12 months.
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 31,368 companies, not a prediction for CEHA. 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 €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.92 (2.69 in 2024), above the usual 1.5. Short-term debt is 25% and cash 21.4% of total assets. 25% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-12-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
14 days early
2023
6 days early
2022
8 days early
2021
14 days late
2020
5 days early
2019
66 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 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 23 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0866878310
First establishment
Den Turk, Bevrijdingslaan 202, Ghent
Incorporation
published on 30-08-2004 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CEHA Ghent | €263,905 | €154,839 | 75.0% | - |
| OLAY Ghent | €305,867 | €151,591 | 62.9% | - |
| JOE'S WAY Dendermonde | €215,735 | €161,528 | -6.7% | - |
| AMRIT Aalst | €228,889 | €126,072 | 81.0% | - |
| BAB MARRAKECH Ixelles | €255,623 | €158,409 | 61.2% | - |
| ERBA23 Tienen | €268,125 | €134,355 | 32.2% | - |
| De kruidenier Baeten - Vervoort Wommelgem | €224,610 | €159,455 | 82.9% | - |
These companies have the same main activity as CEHA: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €216,000 and €306,000, founded between 2003 and 2006.
Official details
Source: KBO- Status
- Active since 20-08-2004Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 5 others
- Joint committees
- 118Food industry
- 201Independent retail · annual accounts 30-06-2025
- Establishment unit
- 2.167.769.4609000 Ghent, since 14-01-2008
- Financial year end
- 30 June
- Peppol
- Reachable since 06-01-2026
Annual accounts to 30-06-2025
- €263,905▲ 26.0%
- Employeeson 30-06-2025
- 3▲ 200%
- Filing
- Filed on 31-12-2025, 31 days before the end of the filing period
Insights on CEHA
CEHA files the micro format. That format states no turnover. The gross margin rose from €19,177 in 2007 to €154,839 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CEHA
- What is the company number of CEHA?
- The company number of CEHA is 0866.878.310. The VAT number is the same number with BE in front: BE 0866.878.310.
- Where is CEHA based?
- The registered office is at Bevrijdingslaan 202, 9000 Ghent.Company details
- What does CEHA do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of CEHA?
- CEHA is a private limited company (pre-2019) (BVBA).
- When was CEHA founded?
- CEHA was founded on 20-08-2004.
- Is CEHA still active?
- Yes, CEHA is an active enterprise in the KBO register.
- How many employees does CEHA have?
- CEHA had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CEHA fall under?
- In its 30-06-2025 annual accounts, CEHA states joint committees 118 (Food industry) and 201 (Independent retail).
- What is the turnover of CEHA?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €154,839 and 70 comparable companies (NACE 47110). It probably lies between €880,000 and €1.7m.
- Is CEHA profitable?
- In financial year 2025, CEHA made a profit of €63,542.
- Where can I find the annual accounts of CEHA?
- CEHA filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CEHA due?
- CEHA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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