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CEM

Active
Private limited companyfounded 20224 yrs activeBras-Haut,Rue de Lhommal 26, 6800 Libramont-Chevigny, BelgiumKBO/BCE: BE 0788.384.227
Summary

The computed 12-month bankruptcy probability of CEM is 4.6% (elevated). The 2023 annual accounts show equity of €9,111 and a net result of -€30,889. Its solvency ranks better than 16% of 1208 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Axes, FY 2023
Profitability10
Solvency27
Growth-
Track record79
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
2.1%
Return on assets
-7%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-08-2024, 26 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 · 1 filing
Deviation from the deadline
2023
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 26 days after the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 35% 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

CEM was incorporated on 8 July 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
€9,111
Total assets
€438,428
Net result
-€30,889
Working capital
-€91,580

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €438,428
Fixed assets €434,926
Current assets €3,502
Equity and liabilities €438,428
Equity €9,111
Debt €429,316
Debt finances 97.9% of the balance-sheet total.
Key figures and ratios
2023 value
EBITDA
-€10,078
Cash flow
-€22,149
Current ratio
0.04
Debt to equity
47.12
ROE
-339.0%
ROA
-7.0%
Interest coverage
-0.83
Debt ≤ 1 year
€95,082
Debt > 1 year
€334,234
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 33 lines
Balance sheet Code2023
Assets
Total assets20/58€438,428
Fixed assets21/28€434,926
Tangible fixed assets22/27€434,926
Land and buildings22€431,503
Plant, machinery and equipment23€3,423
Current assets29/58€3,502
Amounts receivable within one year40/41€503
Other amounts receivable41€503
Cash at bank and in hand54/58€2,999
Equity and liabilities
Total equity and liabilities10/49€438,428
Equity10/15€9,111
Contributions10/11€40,000
Profit (loss) carried forward14-€30,889
Amounts payable17/49€429,316
Amounts payable after more than one year17€334,234
Financial debts170/4€334,234
Amounts payable within one year42/48€95,082
Current portion of amounts payable after more than one year42€30,813
Trade debts44€4,662
Suppliers440/4€4,662
Taxes, remuneration and social security45€263
Taxes450/3€263
Other amounts payable47/48€59,344
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,739
Other operating charges640/8€982
Gross operating margin9900-€9,096
Operating profit (loss)9901-€18,817
Financial charges65/66B€12,071
Recurring financial charges65€12,071
Profit (loss) for the period before taxes9903-€30,889
Profit (loss) for the period9904-€30,889
Profit (loss) for the period to be appropriated9905-€30,889
Appropriation of the result
Profit (loss) to be appropriated9906-€30,889

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,739
Other operating charges640/8€982
Gross operating margin9900-€9,096
Operating profit (loss)9901-€18,817
Financial charges65/66B€12,071
Recurring financial charges65€12,071
Profit (loss) for the period before taxes9903-€30,889
Profit (loss) for the period9904-€30,889
Profit (loss) for the period to be appropriated9905-€30,889
Line2023
Assets
Total assets20/58€438,428
Fixed assets21/28€434,926
Tangible fixed assets22/27€434,926
Land and buildings22€431,503
Plant, machinery and equipment23€3,423
Current assets29/58€3,502
Amounts receivable within one year40/41€503
Other amounts receivable41€503
Cash at bank and in hand54/58€2,999
Equity and liabilities
Total equity and liabilities10/49€438,428
Equity10/15€9,111
Contributions10/11€40,000
Profit (loss) carried forward14-€30,889
Amounts payable17/49€429,316
Amounts payable after more than one year17€334,234
Financial debts170/4€334,234
Amounts payable within one year42/48€95,082
Current portion of amounts payable after more than one year42€30,813
Trade debts44€4,662
Suppliers440/4€4,662
Taxes, remuneration and social security45€263
Taxes450/3€263
Other amounts payable47/48€59,344
Line2023
Profit (loss) for the period9904-€30,889
+ Depreciation and write-downs630€8,739
Operating cash flow (approximation)-€22,149

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

2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Libramont-Chevigny · 1 establishment unit since 2022
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Bras-Haut,Rue de Lhommal 266800 Libramont-Chevigny
1 establishment unit
CEM
Recogne, L'Aliénau 27, 6800 Libramont-ChevignyWarehousing and storage
since 20222.333.376.867

Similar companies · same sector, comparable size

Of 1,031 companies in sector 52100 we hold annual accounts for 769. 134 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
Founded08-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788384227
Also 9925:BE0788384227
Registered 16-12-2025

Register as of 27 September 2026 · Peppol Directory

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