CEMI
ActiveThe computed 12-month bankruptcy probability of CEMI is 3.8% (moderate). The 2025 annual accounts show equity of €127k and a net result of €-21k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 13270 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-16
Solvency49▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.31 against 0.68 in 2024; short-term debt: 21.1% and cash: 2.4% of total assets), and 76.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
25 d late
2022
29 d late
2021
31 d late
2020
28 d late
2019
38 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▼ 14.1%
2024 · €148k
2019: €9k
2020: €59k
2021: €105k
2022: €132k
2023: €147k
2024: €148k
2019 → 2025
Total assets
€539k▼ 9.4%
2024 · €595k
2019: €57k
2020: €115k
2021: €165k
2022: €264k
2023: €536k
2024: €595k
2019 → 2025
Net result
€-21k
2024 · €1k
2019: €3k
2020: €50k
2021: €48k
2022: €27k
2023: €2k
2024: €1k
2019 → 2025
Working capital
€-79k▼ 102%
2024 · €-39k
2019: €-18k
2020: €13k
2021: €56k
2022: €61k
2023: €-91k
2024: €-39k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€132k▲ 25.4%€147k▲ 11.0%€148k▲ 0.9%€127k▼ 14.1%
Operating result€60k-€33k▼ 45.4%€8k▼ 75.3%€19k▲ 133%€-2k
Net result€48k-€27k▼ 44.1%€2k▼ 92.0%€1k▼ 40.0%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €19k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €539k
Fixed assets
€504k▼ 2.0%
Current assets
€35k▼ 56.4%
Equity and liabilities €539k
Equity
€127k▼ 14.1%
Debt
€412k▼ 7.8%
The debt ratio rises from 75.1% to 76.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€44k▼
2024 · €64k
Cash flow
€25k▼
2024 · €46k
Solvency
23.6%▼
2024 · 24.9%
Current ratio
0.31▼
2024 · 0.68
Quick ratio
0.27▼
2024 · 0.64
Debt / equity
3.24▲
2024 · 3.02
ROE
-16.4%▼
2024 · 0.9%
ROA
-3.9%▼
2024 · 0.2%
Interest coverage
2.39▼
2024 · 3.71
Debt
€412k▼
2024 · €447k
Debt ≤ 1 year
€114k▼
2024 · €120k
Debt > 1 year
€298k▼
2024 · €327k
Income taxes
€428▼
2024 · €774
Staff costs
€68k▲
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€595k€539k▼
Fixed assets21/28€514k€504k▼
Tangible fixed assets22/27€514k€504k▼
Land and buildings22€337k€432k▲
Plant, machinery and equipment23€23k€16k▼
Furniture and vehicles24€38k€30k▼
Leasing and similar rights25€33k€26k▼
Other tangible fixed assets26€82k-
Financial fixed assets28€350€350=
Current assets29/58€81k€35k▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€21k€15k▼
Trade receivables40€8k-
Other amounts receivable41€13k€15k▲
Cash at bank and in hand54/58€53k€13k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€595k€539k▼
Equity10/15€148k€127k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€129k€109k▼
Amounts payable17/49€447k€412k▼
Amounts payable after more than one year17€327k€298k▼
Financial debts170/4€327k€298k▼
Amounts payable within one year42/48€120k€114k▼
Current portion of amounts payable after more than one year42€35k€32k▼
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€22k€32k▲
Suppliers440/4€22k€32k▲
Advances received on contracts in progress46-€173
Taxes, remuneration and social security45€13k€14k▲
Taxes450/3€4k€2k▼
Remuneration and social security454/9€10k€12k▲
Other amounts payable47/48€48k€33k▼
Income statement
Code20242025
Remuneration, social security and pensions62€54k€68k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€46k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€123k€117k▼
Operating profit (loss)9901€19k€-2k▼
Financial income75/76B€237€126▼
Recurring financial income75€237€126▼
Financial charges65/66B€17k€18k▲
Recurring financial charges65€17k€18k▲
Profit (loss) for the period before taxes9903€2k€-20k▼
Income taxes67/77€774€428▼
Profit (loss) for the period9904€1k€-21k▼
Profit (loss) for the period to be appropriated9905€1k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€129k€109k▼
Profit (loss) brought forward from the previous period14P€128k€129k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-21k ▼1717%
Net result drops to €-21k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €105k ▲78.6%
3 profitable years in a row build equity to €105k.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Highest result since 2019net €50k ▲1554%
Operating result €61k, net result €50k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.35
Current ratio from 0.61 to 1.35; short-term debt falls from €45k to €38k.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Houffalize · 1 establishment unit since 2018
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.
Rue de Wibrin, Nadrin 226660 HouffalizeGround area
123 m²
Building footprint
123 m²
Parcel 82022F2083/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Wibrin, Nadrin 22, 6660 Houffalize
since 20182.287.776.771
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82022F2083/00H000 | Wallonia | 123 m² | 1 · 123 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHouffalize2.287.776.771
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ANTONELLA
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,284 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.