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CEJEMO

Active
Private limited company (pre-2019)founded 200719 yrs activeBeukenlaan 45, 3080 Tervuren, BelgiumKBO/BCE: BE 0891.795.135
Summary

CEJEMO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of €142,880. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability75▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 4.54 against 5.41 in 2023; short-term debt: 15% and cash: 1.4% of total assets), and 23.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 19 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 2024
Solvency, return and age of the figures
Solvency
76.5%
Return on assets
5.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
30 d late
2021
61 d late
2020
58 d late
2019
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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 3 September 2007, CEJEMO was incorporated.1 Total assets went from EUR 2 million in 2018 to EUR 2.7 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€2.0m▲ 7.5%
2023 · €1.9m
Total assets
€2.7m▲ 9.2%
2023 · €2.4m
Net result
€142,880▼ 55.4%
2023 · €320,659
Working capital
€1.4m▲ 9.6%
2023 · €1.3m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€113,810▼ 86.3%€113,970▲ 0.1%€364,317▲ 220%€488,754▲ 34.2%€202,911▼ 58.5%
Net result€81,228▼ 88.6%€121,229▲ 49.2%€252,400▲ 108%€320,659▲ 27.0%€142,880▼ 55.4%
Equity€1.3m▲ 6.6%€1.4m▲ 9.3%€1.7m▲ 17.6%€1.9m▲ 12.8%€2.0m▲ 7.5%
Total assets€2.1m▼ 3.8%€2.2m▲ 1.9%€2.3m▲ 8.0%€2.4m▲ 5.2%€2.7m▲ 9.2%
Debt€670,900▼ 19.7%€590,730▼ 11.9%€511,164▼ 13.5%€417,832▼ 18.3%€500,156▲ 19.7%
Working capital€836,564▼ 1.1%€917,284▲ 9.6%€1.1m▲ 18.3%€1.3m▲ 19.0%€1.4m▲ 9.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2020: €113,810€113,810Net result 2020: €81,228€81,228Operating result 2021: €113,970€113,970Net result 2021: €121,229€121,229Operating result 2022: €364,317€364,317Net result 2022: €252,400€252,400Operating result 2023: €488,754€488,754Net result 2023: €320,659€320,659Operating result 2024: €202,911€202,911Net result 2024: €142,880€142,88020202021202220232024€0€200,000€400,000Operating result 2022: €364,317€364,000Net result 2022: €252,400€252,000Operating result 2023: €488,754€489,000Net result 2023: €320,659€321,000Operating result 2024: €202,911€203,000Net result 2024: €142,880€143,000202220232024
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.7m
Fixed assets €855,352 ▼ 0.7%
Current assets €1.8m ▲ 14.6%
Equity and liabilities €2.7m
Equity €2.0m ▲ 7.5%
Provisions €128,074 ▼ 0.3%
Debt €500,156 ▲ 19.7%
Debt's share of the balance-sheet total rises from 17.1% to 18.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€221,591▼
2023 · €525,560
Cash flow
€161,560▼
2023 · €357,465
Current ratio
4.54▼
2023 · 5.41
Debt to equity
0.24▲
2023 · 0.22
ROE
7.0%▼
2023 · 16.9%
ROA
5.4%▼
2023 · 13.1%
Interest coverage
22.00▼
2023 · 44.94
Debt ≤ 1 year
€399,316▲
2023 · €292,527
Debt > 1 year
€100,839▼
2023 · €125,305
Income taxes
€75,003▼
2023 · €156,804
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 62 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.4m€2.7m▲
Fixed assets21/28€861,509€855,352▼
Tangible fixed assets22/27€635,858€629,701▼
Land and buildings22€537,029€521,664▼
Plant, machinery and equipment23€3,386€4,012▲
Furniture and vehicles24€123€2,282▲
Other tangible fixed assets26€95,320€101,743▲
Financial fixed assets28€225,651€225,651=
Current assets29/58€1.6m€1.8m▲
Amounts receivable after more than one year29€835,375€835,375=
Other amounts receivable291€835,375€835,375=
Amounts receivable within one year40/41€325,716€487,096▲
Trade receivables40€263,005€344,151▲
Other amounts receivable41€62,711€142,945▲
Current investments50/53€401,704€451,704▲
Cash at bank and in hand54/58€16,696€36,358▲
Deferred charges and accrued income490/1€4,423€4,338▼
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.7m▲
Equity10/15€1.9m€2.0m▲
Contributions10/11€6,200€6,200=
Reserves13€1.8m€1.9m▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€36,869€36,085▼
Distributable reserves133€1.8m€1.9m▲
Profit (loss) carried forward14€102,600€102,600=
Provisions and deferred taxes16€128,478€128,074▼
Provisions for liabilities and charges160/5€123,495€123,495=
Pensions and similar obligations160€123,495€123,495=
Deferred taxes168€4,983€4,579▼
Amounts payable17/49€417,832€500,156▲
Amounts payable after more than one year17€125,305€100,839▼
Financial debts170/4€125,305€100,839▼
Amounts payable within one year42/48€292,527€399,316▲
Current portion of amounts payable after more than one year42€107,799€107,799=
Trade debts44€92,224€210,661▲
Suppliers440/4€92,224€210,661▲
Taxes, remuneration and social security45€15,546€20,931▲
Taxes450/3€15,546€13,916▼
Remuneration and social security454/9-€7,015
Other amounts payable47/48€76,959€59,925▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,805€18,680▼
Other operating charges640/8€3,739€6,252▲
Gross operating margin9900€529,299€227,843▼
Operating profit (loss)9901€488,754€202,911▼
Financial income75/76B-€24,641
Recurring financial income75-€24,641
Financial charges65/66B€11,695€10,073▼
Recurring financial charges65€11,695€10,073▼
Profit (loss) for the period before taxes9903€477,059€217,479▼
Transfer from deferred taxes780€404€404=
Income taxes67/77€156,804€75,003▼
Profit (loss) for the period9904€320,659€142,880▼
Transfer from tax-exempt reserves789€784€784=
Profit (loss) for the period to be appropriated9905€321,443€143,664▼
Appropriation of the result
Profit (loss) to be appropriated9906€424,043€246,265▼
Profit (loss) brought forward from the previous period14P€102,600€102,600=
Transfer from equity791/2€105,263-
Transfer to equity691/2€321,443€143,664▼
To other reserves6921€321,443€143,664▼
Profit to be distributed694/7€105,263-
Return on contributions (dividend)694€105,263-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49,008€42,107€35,638€36,805€18,680▼ 49.2%
Other operating charges640/8-€4,116€5,478€3,739€6,252▲ 67.2%
Gross operating margin9900€166,962€160,193€405,432€529,299€227,843▼ 57.0%
Operating profit (loss)9901€113,810€113,970€364,317€488,754€202,911▼ 58.5%
Financial income75/76B-€75,246€12,327-€24,641-
Recurring financial income75€31,116€75,246€12,327-€24,641-
Financial charges65/66B-€9,348€7,183€11,695€10,073▼ 13.9%
Recurring financial charges65€12,162€9,348€7,183€11,695€10,073▼ 13.9%
Profit (loss) for the period before taxes9903€132,764€179,868€369,461€477,059€217,479▼ 54.4%
Transfer from deferred taxes780-€404€404€404€404=
Income taxes67/77€51,940€59,043€117,465€156,804€75,003▼ 52.2%
Profit (loss) for the period9904€81,228€121,229€252,400€320,659€142,880▼ 55.4%
Transfer from tax-exempt reserves789-€784€784€784€784=
Profit (loss) for the period to be appropriated9905€82,012€122,013€253,184€321,443€143,664▼ 55.3%
Line20202021202220232024Change
Assets
Total assets20/58€2.1m€2.2m€2.3m€2.4m€2.7m▲ 9.2%
Fixed assets21/28€978,249€899,372€876,890€861,509€855,352▼ 0.7%
Tangible fixed assets22/27€719,581€678,878€656,395€635,858€629,701▼ 1.0%
Land and buildings22-€569,114€553,071€537,029€521,664▼ 2.9%
Plant, machinery and equipment23-€1,425€1,211€3,386€4,012▲ 18.5%
Furniture and vehicles24-€26,700€13,411€123€2,282▲ 1,759%
Other tangible fixed assets26-€81,639€88,702€95,320€101,743▲ 6.7%
Financial fixed assets28€258,668€220,494€220,494€225,651€225,651=
Current assets29/58€1.1m€1.3m€1.4m€1.6m€1.8m▲ 14.6%
Amounts receivable after more than one year29-€835,375€835,375€835,375€835,375=
Other amounts receivable291-€835,375€835,375€835,375€835,375=
Amounts receivable within one year40/41€93,720€150,937€150,603€325,716€487,096▲ 49.5%
Trade receivables40-€114,937€102,303€263,005€344,151▲ 30.9%
Other amounts receivable41-€36,000€48,300€62,711€142,945▲ 128%
Current investments50/53€150,000€250,000€351,704€401,704€451,704▲ 12.4%
Cash at bank and in hand54/58€69,177€11,298€104,809€16,696€36,358▲ 118%
Deferred charges and accrued income490/1-€4,350€4,382€4,423€4,338▼ 1.9%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.2m€2.3m€2.4m€2.7m▲ 9.2%
Equity10/15€1.3m€1.4m€1.7m€1.9m€2.0m▲ 7.5%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1.2m€1.3m€1.6m€1.8m€1.9m▲ 8.0%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Tax-exempt reserves132-€38,437€37,653€36,869€36,085▼ 2.1%
Distributable reserves133-€1.3m€1.5m€1.8m€1.9m▲ 8.2%
Profit (loss) carried forward14€102,600€102,600€102,600€102,600€102,600=
Provisions and deferred taxes16€129,689€129,285€128,881€128,478€128,074▼ 0.3%
Provisions for liabilities and charges160/5-€123,495€123,495€123,495€123,495=
Pensions and similar obligations160-€123,495€123,495€123,495€123,495=
Deferred taxes168-€5,790€5,386€4,983€4,579▼ 8.1%
Amounts payable17/49€670,900€590,730€511,164€417,832€500,156▲ 19.7%
Amounts payable after more than one year17€375,037€256,053€149,770€125,305€100,839▼ 19.5%
Financial debts170/4-€256,053€149,770€125,305€100,839▼ 19.5%
Amounts payable within one year42/48€295,864€334,677€361,394€292,527€399,316▲ 36.5%
Current portion of amounts payable after more than one year42-€132,317€189,616€107,799€107,799=
Trade debts44€55,136€68,000€38,337€92,224€210,661▲ 128%
Suppliers440/4-€68,000€38,337€92,224€210,661▲ 128%
Advances received on contracts in progress46-€99,853----
Taxes, remuneration and social security45-€30,716€48,901€15,546€20,931▲ 34.6%
Taxes450/3-€27,607€45,727€15,546€13,916▼ 10.5%
Remuneration and social security454/9-€3,109€3,174-€7,015-
Other amounts payable47/48-€3,791€84,539€76,959€59,925▼ 22.1%
Line20202021202220232024Change
Profit (loss) for the period9904€81,228€121,229€252,400€320,659€142,880▼ 55.4%
+ Depreciation and write-downs630€49,008€42,107€35,638€36,805€18,680▼ 49.2%
Operating cash flow (approximation)€130,237€163,337€288,037€357,465€161,560▼ 54.8%
Investment in fixed assets (approximation)-€36,770-€13,155-€21,425-€12,523▲ 41.5%
Change in cash--€57,878€93,510-€88,113€19,662▲ 122%

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

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Equity above €2mEq €2.0m ▲7.5%
7 profitable years in a row build equity to €2.0m.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
27-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
31-12
Financial Weakest financial yearnet €81,228 ▼88.6%
Net result drops to €81,228, the lowest in the series; recovery starts the following year.
29-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial Highest result since 2018net €712,302 ▲515%
Operating result €833,067, net result €712,302, both a record.
31-12
Financial Equity above €1mEq €1.2m ▲138%
2 profitable years in a row build equity to €1.2m.
10-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Tervuren · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
3,375 m²
Building footprint
260 m²
Volume, LiDAR
1,495 m³
Parcel 24302F0031/00K000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CEJEMO
Beukenlaan 45, 3080 TervurenNACE 74879
since 20072.165.102.554
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24302F0031/00K000 Flanders 3,375 m² 1 · 260 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 19,935 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 (pre-2019)
Founded03-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

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