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CEOs 4 CLIMATE

Active
Gentseweg 203 ·8792 Waregem, Belgium
Open bankruptcy
KBO/BCE: BE 0699.755.129
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age8 yrs
Staff (FTE)0.7

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for CEOs 4 CLIMATE according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €8k and a net result of €-18k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
10-03-2025
Bankruptcy Opening
Date: 04-03-2025 · Ondernemingsrechtbank Gent, afdeling Kortrijk · CEOS 4 CLIMATE VZW GENTSEWEG 203, 8792 WAREGEM-DESSELGEM · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
This company changed its financial year: its two most recent filings do not close on the same date. Each filed year keeps its own exact deadline, but we project no following year on 14-04, because adding twelve months right after a change is unreliable. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 14-04-2022, that is 14-11-2022.
Deadline per financial year
Year closed Due by Filed Variance Reference
14-04-2022 14-11-2022 09-05-2023 176 d late 2023-00084670
30-09-2021 30-04-2022 31-03-2022 30 d early 2022-09700170
30-09-2020 30-04-2021 05-03-2021 56 d early 2021-07100003
30-09-2019 30-04-2020 07-07-2020 68 d late 2020-27800044

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-18k
Working capital€1.06M
Directors3

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 09-05-2023 with the NBB · fiscal year 2022 · verkort
€-100k€0€100k€200kOperating result 2019: €-1k€-1kNet result 2019: €-1k€-1kOperating result 2020: €10k€10kNet result 2020: €6k€6kOperating result 2021: €208k€208kNet result 2021: €157k€157kOperating result 2022: €-17k€-17kNet result 2022: €-18k€-18k2019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 0.6% 39.2%
better than 15% of 346 sector peers
Net result €-18k €15k
better than 25% of 346 sector peers
Equity €8k €76k
better than 19% of 347 sector peers
Gross operating margin €5k €90k
better than 17% of 345 sector peers
Staff costs €4k €257k
higher than 9% of 195 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P15
2020: P30 · n=1432021: P14 · n=2042022: P15 · n=3462020 2022
Weakening position over 2020-2022 · n=143-346
Net result P25
2020: P35 · n=1432021: P82 · n=2042022: P25 · n=3462020 2022
Stable position over 2020-2022 · n=143-346
Equity P19
2020: P26 · n=1432021: P27 · n=2052022: P19 · n=3472020 2022
Stable position over 2020-2022 · n=143-347
Gross operating margin P17
2020: P47 · n=1432021: P61 · n=2042022: P17 · n=3452020 2022
Weakening position over 2020-2022 · n=143-345
Describes the position versus peers, not a forecast.
EBITDA
€790
-99.7% 19-22
Net profit
€-18k
- 19-22
Cash flow
€606
-99.7% 19-22
Total assets
€1.37M
+171.8% 19-22
Equity
€8k
-67.8% 19-22
Working capital
€1.06M
- 19-22
Employees (FTE)
1
0.0% 19-22
Staff costs
€4k
- 19-22
Income taxes
€57k
+1775.5% 19-22
Debt
€1.36M
+184.7% 19-22
Debt ≤ 1y
€260k
-45.8% 19-22
Debt > 1y
€1.10M
+1510.2% 19-22
Current ratio
5.07
+461.9% 19-22
Quick ratio
5.07
+461.9% 19-22
Solvency
0.6%
-88.2% 19-22
Debt / equity
164.10
+5689.0% 19-22
ROE
-211.0%
- 19-22
ROA
-1.3%
- 19-22
Interest coverage
4.28
- 19-22
Figures by fiscal year
Fiscal year2022
Depositverkort
Revenue-
EBITDA€790
Net profit€-18k
Cash flow€606
Staff costs€4k
Income taxes-
Dividends-
Total assets€1.37M
Equity€8k
Debt€1.36M
of which ≤ 1y€260k
of which > 1y€1.10M
Working capital€1.06M
Employees (FTE)0.7
Ratios (computed)
2022
Current ratio5.07
Quick ratio5.07
Working capital ratio77.1%
Solvency0.6%
Debt / equity164.10
Long-term debt ratio132.83
Interest coverage4.28
Gross margin-
Net margin-
ROA-1.3%
ROE-211.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€1.37M
Fixed assets 21/28€54k
Intangible fixed assets 21€54k
Current assets 29/58€1.32M
Amounts receivable within one year 40/41€61k
Cash & bank 54/58€113k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.37M
Equity 10/15€8k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-10k
Amounts payable 17/49€1.36M
Amounts payable after one year 17€1.10M
Amounts payable within one year 42/48€260k
Trade debts payable within one year 44€9k
Income statement
Gross operating margin 9900€5k
Operating result 9901€-17k
Financial charges 65€185
Result before taxes 9903€-18k
Net result for the period 9904€-18k
Result to be appropriated 9905€-18k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

3 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

3 mandates
Role Name Tenure Source
Curator Laurence MONTAGNE
President Rooseveltplein 5 B2, 8500 KORTRIJK
04-03-2025 → present Belgian State Gazette
Curator GUY DELABIE
ENGELSE WANDELING 74, 8510 MARKE- guy.delabie@vy- us.be
04-03-2025 → present Belgian State Gazette
Curator SYLVIE FOULON
BORNSTRAAT 44, 8800 ROESELARE-
04-03-2025 → present Belgian State Gazette

Legal Structure

NACE primary Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200)
Legal form Non-profit association(017)
Incorporation09-07-2018
StatusActive
Postal code8792
First BS signal 10-03-2025
Latest BS signal 10-03-2025

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

3 court or liquidation mandates are on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
9 companies at this address See who is registered here

Establishment units

1 location
Assubroker
Gentseweg 203, 8792 WaregemGroothandel in computers, randapparatuur en software
since 20182.296.925.257
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,101 m²
Buildings1
Building footprint506 m²
Volume (LiDAR)5,302 m³
Tallest building11.9 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34010A0543/00S000 Flanders 3,101 m² 1 · 506 m² 11.9 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
10-03-2025
Bankruptcy Opening
Date: 04-03-2025 · Ondernemingsrechtbank Gent, afdeling Kortrijk · CEOS 4 CLIMATE VZW GENTSEWEG 203, 8792 WAREGEM-DESSELGEM · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-03-10 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability0Solvency34Growth32Stability0
13 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 34
Growth 32
Stability 0

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300
Primary activity highlighted.
Names & trade names
Legal nameNL CEOs 4 CLIMATE
AbbreviationNL C4C
Registered office
Gentseweg 203
8792 Waregem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.