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CEMC

Active
Private limited companyfounded 2024active for 2 yearsHünningen 72, 4760 Büllingen, BelgiumKBO/BCE: BE 1007.997.571
Summary

CEMC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,903 and a net result of €3,427. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€37,142total assets 2025
Equity
€30,903
Profit
€3,427
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 154 days early
Why 96raises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 4.48, cash €21,108Equity €30,903 (83.2% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 100+7
equity 83.2% of total assets
Liquidity 96+9
short-term debt 16.8% · cash 56.8%
Profitability 80-20
return on assets 9.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,388 companies, NACE 70, micro)
Last 24 months 05-2025: < 0.1%lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 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%● unchanged 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 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.48, compared with 2.06 in 2024, above the usual 1.5; short-term debt: 16.8% and cash: 56.8% of total assets), and 16.8% 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 70, micro): better than 86% on solvency, 90% on liquidity, 47% on profitability and 60% on growth.

The bankruptcy probability was computed on 21-10-2026 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
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 4.48, cash €21,108
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €30,903 (83.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-02-2026, 154 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
154 days early
2024
134 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 144 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · unclassified…
  2. Liquidity more than doubledcurrent ratio 4.48
  3. Annual accounts filedfinancial year 2024 · unclassified…

Financials · financial year 2025, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,427▼ 84.8%
2024 · €22,476
Working capital
€21,674▲ 61.8%
2024 · €13,397
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 81% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€5,700 2025 Net result€3,427 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€30,084-€5,700▼ 81.1%
Net result€22,476-€3,427▼ 84.8%
Equity€27,476-€30,903▲ 12.5%
Total assets€40,163-€37,142▼ 7.5%
Debt€12,688-€6,240▼ 50.8%
Working capital€13,397-€21,674▲ 61.8%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,142
Fixed assets €9,245 ▼ 34.3%
Current assets €27,898 ▲ 6.9%
Equity and liabilities €37,142
Equity €30,903 ▲ 12.5%
Debt €6,240 ▼ 50.8%
Debt's share of the balance-sheet total falls from 31.6% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,533▼
2024 · €30,505
Cash flow
€8,261▼
2024 · €22,897
Current ratio
4.48▲
2024 · 2.06
Debt to equity
0.20▼
2024 · 0.46
ROE
11.1%▼
2024 · 81.8%
ROA
9.2%▼
2024 · 56.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€6,224▼
2024 · €12,688
Income taxes
€2,232▼
2024 · €7,581
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€40,163€37,142▼
Fixed assets21/28€14,078€9,245▼
Tangible fixed assets22/27€14,078€9,245▼
Furniture and vehicles24€14,078€9,245▼
Current assets29/58€26,085€27,898▲
Amounts receivable within one year40/41-€5,447
Trade receivables40-€5,447
Cash at bank and in hand54/58€24,524€21,108▼
Deferred charges and accrued income490/1€1,561€1,342▼
Equity and liabilities
Total equity and liabilities10/49€40,163€37,142▼
Equity10/15€27,476€30,903▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€22,476€25,903▲
Amounts payable17/49€12,688€6,240▼
Amounts payable within one year42/48€12,688€6,224▼
Trade debts44€1,379€1,003▼
Suppliers440/4€1,379€1,003▼
Taxes, remuneration and social security45€8,712€3,835▼
Taxes450/3€8,712€3,835▼
Other amounts payable47/48€2,597€1,385▼
Accrued charges and deferred income492/3-€16
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€422€4,833▲
Other operating charges640/8-€260
Gross operating margin9900€30,505€10,793▼
Operating profit (loss)9901€30,084€5,700▼
Financial charges65/66B€27€40▲
Recurring financial charges65€27€40▲
Profit (loss) for the period before taxes9903€30,057€5,660▼
Income taxes67/77€7,581€2,232▼
Profit (loss) for the period9904€22,476€3,427▼
Profit (loss) for the period to be appropriated9905€22,476€3,427▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,476€25,903▲
Profit (loss) brought forward from the previous period14P-€22,476

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€422€4,833▲ 1,046%
Other operating charges640/8-€260-
Gross operating margin9900€30,505€10,793▼ 64.6%
Operating profit (loss)9901€30,084€5,700▼ 81.1%
Financial charges65/66B€27€40▲ 50.0%
Recurring financial charges65€27€40▲ 50.0%
Profit (loss) for the period before taxes9903€30,057€5,660▼ 81.2%
Income taxes67/77€7,581€2,232▼ 70.6%
Profit (loss) for the period9904€22,476€3,427▼ 84.8%
Profit (loss) for the period to be appropriated9905€22,476€3,427▼ 84.8%
Line20242025Change
Assets
Total assets20/58€40,163€37,142▼ 7.5%
Fixed assets21/28€14,078€9,245▼ 34.3%
Tangible fixed assets22/27€14,078€9,245▼ 34.3%
Furniture and vehicles24€14,078€9,245▼ 34.3%
Current assets29/58€26,085€27,898▲ 6.9%
Amounts receivable within one year40/41-€5,447-
Trade receivables40-€5,447-
Cash at bank and in hand54/58€24,524€21,108▼ 13.9%
Deferred charges and accrued income490/1€1,561€1,342▼ 14.0%
Equity and liabilities
Total equity and liabilities10/49€40,163€37,142▼ 7.5%
Equity10/15€27,476€30,903▲ 12.5%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€22,476€25,903▲ 15.2%
Amounts payable17/49€12,688€6,240▼ 50.8%
Amounts payable within one year42/48€12,688€6,224▼ 50.9%
Trade debts44€1,379€1,003▼ 27.3%
Suppliers440/4€1,379€1,003▼ 27.3%
Taxes, remuneration and social security45€8,712€3,835▼ 56.0%
Taxes450/3€8,712€3,835▼ 56.0%
Other amounts payable47/48€2,597€1,385▼ 46.7%
Accrued charges and deferred income492/3-€16-
Line20242025Change
Profit (loss) for the period9904€22,476€3,427▼ 84.8%
+ Depreciation and write-downs630€422€4,833▲ 1,046%
Operating cash flow (approximation)€22,897€8,261▼ 63.9%
Investment in fixed assets (approximation)-€0-
Change in cash--€3,415-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 unclassified schema 27-02-2026 2026-00044722
31-12-2024 unclassified schema 19-03-2025 2025-00050127

Similar companies · same sector, comparable size

Of the 82,397 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,899. 35,745 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
SIEBERATH Carlo
Verwalter · since 08-04-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
SIEBERATH Carlo
  • Verwalter, from 08-04-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 4 April 2024, CEMC was incorporated as a private limited company.1 SIEBERATH Carlo has served as verwalter of the company since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-04-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-02
NBB filing Annual accounts filed
financial year 2025 · unclassified schema
2025
31-12
Financial Liquidity more than doubledcurrent ratio 4.48
Current ratio from 2.06 to 4.48; short-term debt falls from €12,688 to €6,224.
19-03
NBB filing Annual accounts filed
financial year 2024 · unclassified schema
2024
08-04
Gazette deed Incorporation
Appointment: SIEBERATH Carlo (verwalter) · Permanent representative: SIEBERATH Carlo · Founder13 facts ▸
  • Incorporation, “CEMC” (deed in German)
  • Founder, SIEBERATH Carlo (gründer)
  • Other provision, 08-03-2024
  • Founding capital, €5,000
  • Bank account, 5000, “BE51 7350 6479 3762” (deed in German)
  • Other provision, “Hinterlegung gemäß Gesetzbuch der Gesellschaften und Vereinigungen, getätigt” (deed in German)
  • General meeting, “folgende Beschlüsse gefasst, alleiniger Aktionär handelnd an Stelle der Generalversammlung” (deed in German)
  • Registered office clause, “4760 Büllingen,Hünningen Nr 72” (deed in German)
  • Board rule, 1
  • Director appointment, SIEBERATH Carlo (verwalter)
  • Permanent representative, SIEBERATH Carlo (ständiger vertreter)
  • Pre-incorporation commitments, “takeover, Verbindlichkeiten,Verpflichtungen,Tätigkeiten im Namen und für Rechnung der Gesellschaft in Gründung” (deed in German)
  • +1 further fact in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded04-04-2024
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
28220Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
33190Repair, maintenance and installation of machinery and equipment
46644Wholesale trade
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007997571
Also 9925:BE1007997571
Registered 09-10-2025

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

Register as of 22 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Büllingen · 1 establishment unit since 2024
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 KBO register.

Hünningen 724760 Büllingen
1 establishment unit
CEMC
Hünningen 72, 4760 BüllingenBusiness and other management consultancy
since 2024unit no. 2.358.343.776

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
“Artikel 4. Dauer Die Gesellschaft wird für eine unbegrenzte Dauer gegründet.” (deed in German)
Name clauseThe name the company operates under according to its articles.
CEMC
Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
“Gesellschaft mit beschränkter Haftung” (deed in German)
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 08-04-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Höhe der fixen oder proportionalen Vergütung, ob Mandat entlohnt oder unentgeltlich” (deed in German)
1 more provision on this in the deed

deed of 08-04-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 08-04-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Artikel 15. Kontrolle der Gesellschaft Falls das Gesetz dies verlangen sollte und im Rahmen der durch das Gesetz vorgesehenen Grenzen wird…” (deed in German)

deed of 08-04-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Unteilbarkeit der Aktien” (deed in German)
6 more provisions in the deed, see the deed of 08-04-2024

deed of 08-04-2024