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CENGEA

Active
Private limited companyfounded 20251 yr activeChemin Royal 15, 1430 Rebecq, BelgiumKBO/BCE: BE 1022.524.312
Summary

CENGEA has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,036) and a net result of -€18,036. Its solvency ranks better than 15% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes
Profitability16
Solvency23
Growth-
Track record67
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97; short-term debt: 101.7% and cash: 0.5% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 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 2025
Solvency, return and age of the figures
Solvency
-1.7%
Return on assets
-2.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 d early
← before the deadline after the deadline →
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 18 April 2025, CENGEA was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€13,036
Total assets
€748,269
Net result
-€18,036
Working capital
-€19,767

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

Balance-sheet composition
Assets €748,269
Fixed assets €6,731
Current assets €741,538
Key figures and ratios
2025 value
EBITDA
-€15,540
Cash flow
-€15,936
Solvency
-1.7%
Current ratio
0.97
Quick ratio
0.35
Debt to equity
-58.40
ROA
-2.4%
Interest coverage
-39.18
Debt
€761,304
Debt ≤ 1 year
€761,304

Peer companies

Historical observation

Of the 152 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 99% are still going.

  • Small
  • under 2 years old
  • negative equity
  • a small loss
0% went bankrupt
0.7% stopped otherwise
99% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 152 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€748,269
Fixed assets21/28€6,731
Tangible fixed assets22/27€6,731
Furniture and vehicles24€6,731
Current assets29/58€741,538
Stocks and contracts in progress3€477,333
Stocks30/36€477,333
Amounts receivable within one year40/41€260,440
Trade receivables40€245,406
Other amounts receivable41€15,034
Cash at bank and in hand54/58€3,762
Deferred charges and accrued income490/1€2
Equity and liabilities
Total equity and liabilities10/49€748,269
Equity10/15-€13,036
Contributions10/11€5,000
Profit (loss) carried forward14-€18,036
Amounts payable17/49€761,304
Amounts payable within one year42/48€761,304
Trade debts44€31,245
Suppliers440/4€31,245
Other amounts payable47/48€730,060
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,100
Other operating charges640/8€736
Gross operating margin9900-€14,804
Operating profit (loss)9901-€17,639
Financial charges65/66B€397
Recurring financial charges65€397
Profit (loss) for the period before taxes9903-€18,036
Profit (loss) for the period9904-€18,036
Profit (loss) for the period to be appropriated9905-€18,036
Appropriation of the result
Profit (loss) to be appropriated9906-€18,036

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,100
Other operating charges640/8€736
Gross operating margin9900-€14,804
Operating profit (loss)9901-€17,639
Financial charges65/66B€397
Recurring financial charges65€397
Profit (loss) for the period before taxes9903-€18,036
Profit (loss) for the period9904-€18,036
Profit (loss) for the period to be appropriated9905-€18,036
Line2025
Assets
Total assets20/58€748,269
Fixed assets21/28€6,731
Tangible fixed assets22/27€6,731
Furniture and vehicles24€6,731
Current assets29/58€741,538
Stocks and contracts in progress3€477,333
Stocks30/36€477,333
Amounts receivable within one year40/41€260,440
Trade receivables40€245,406
Other amounts receivable41€15,034
Cash at bank and in hand54/58€3,762
Deferred charges and accrued income490/1€2
Equity and liabilities
Total equity and liabilities10/49€748,269
Equity10/15-€13,036
Contributions10/11€5,000
Profit (loss) carried forward14-€18,036
Amounts payable17/49€761,304
Amounts payable within one year42/48€761,304
Trade debts44€31,245
Suppliers440/4€31,245
Other amounts payable47/48€730,060
Line2025
Profit (loss) for the period9904-€18,036
+ Depreciation and write-downs630€2,100
Operating cash flow (approximation)-€15,936

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

2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Rebecq · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,437 m²
Building footprint
126 m²
Volume, LiDAR
757 m³
Parcel 25090D0335/00R007, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CENGEA
Chemin Royal 15, 1430 RebecqDevelopment of non-residential building projects
since 20252.373.345.520
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25090D0335/00R007 Wallonia 1,437 m² 1 · 126 m² 8.2 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. REALITY Belgique 100%
  2. CENGEA

Highest known parent: REALITY Belgique. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of CENGEA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-04-2025
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:1022524312
Registered 17-10-2025

Register as of 27 September 2026 · Peppol Directory

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