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Cemax
ActiveFrom the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Cemax has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,194 and a net result of €38,141. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 55% of 305 sector peers (NACE 56, financial year 2026). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Official details
KBO- Status
- Active since 16-06-2010 Normal situation
- Legal form
- Private limited company
- Registered office
- Ward De Bockstraat 21, 9160 Lokeren
- Activity
- Full-service restaurants NACE 56111and 2 others
- Establishment unit
- 2.189.068.482 9160 Lokeren, since 09-06-2010
- Financial year end
- 31 March
- Peppol
- Reachable since 31-08-2023
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.9%
Annual accounts to 31-03-2025
- Gross margin
- €143,576
- ▼ 4.9%
- Turnover
- ≈ €420,000
- estimated
- Profit
- €38,141
- ▲ 10.2%
- Equity
- €134,194
- ▼ 35.7%
- Total assets
- €404,263
- ▼ 23.2%
- Staff
- 1 FTE
- ▼ 33.3%
2026 accounts not filed, 1 day past the deadline
Filed on 30-10-2025PDF
Why 67raises riskSector: Food and beverage service activities (NACE 56)Figures for financial year 2025 (filed 31-10-2025)lowers riskFounded in 2010Size: total assets €404,263Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 44% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Average
Solvency
58-7
equity 33.2% of total assets
Liquidity
42-2
short-term debt 33.3% · cash 5.6%
Profitability
81+4
return on assets 9.4%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%highest value
12-2024: 0.4%▼ -0.6 percentage points vs 11-2024lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.4%● unchanged vs 03-2025lowest value
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.6%▲ +0.2 percentage points vs 09-2025
11-2025: 0.4%▼ -0.2 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.9%▲ +0.4 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.32, compared with 1.04 in 2024, below 1; short-term debt: 33.3% and cash: 5.6% of total assets), and 66.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 53% on solvency, 38% on liquidity, 66% on profitability and 18% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
1 day early
2024
1 day early
2023
1 day early
2022
3 days early
2021
2 days early
2020
30 days 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 4 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-10-2025
- Annual accounts 2024filed on 30-10-2024
- Annual accounts 2023filed on 30-10-2023
- Annual accounts 2022filed on 28-10-2022
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Cemax
- What is the company number of Cemax?
- 0826.673.590. In Belgium the VAT number is the company number with BE in front: BE 0826.673.590.
- Where is Cemax based?
- The registered office is at Ward De Bockstraat 21, 9160 Lokeren.Company details
- What does Cemax do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Cemax?
- Private limited company (BV).
- When was Cemax founded?
- On 16-06-2010.
- Is Cemax still active?
- Yes, Cemax is an active enterprise in the KBO register.
- How many employees does Cemax have?
- On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Cemax?
- ≈ €420,000 in financial year 2025. Estimated from the gross margin of €143,576: probably between €350,000 and €510,000, based on 86 comparable companies, NACE 56111.
- Is Cemax profitable?
- In financial year 2025, Cemax made a profit of €38,141.
- Where can I find the annual accounts of Cemax?
- Cemax filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
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