Result
€79,279 €79,279
Back in profit in 2024, after a loss of €74,723 in 2023.
CEPYA-ELECTRONICS
Lifetime
10 annual accounts with figures on one time axispeak €895,475 (2024)
€895,475▲ 177%
lowest -€74,723 (2023)
€79,279▲ €154,002
peak €500,333 (2024)
€500,333▲ 23.6%
€3.2m▲ 35.9%
peak 12.4 FTE (2024)
12.4 FTE▲ 0.8%
Board8 names since 2021
3 directorsYves Plaetsier and 2 others
Owners
100%I-CARE HOLDING
Documentsfilings and deeds
11-08-202511 days late
2024financial year
Gross margin from €323,507 to €895,475Back to profit: €79,2791 statutory auditor appointed, 2 directors appointed 17-01Equity from €404,700 to €500,333Debts from €2.4m to €3.2mCash from €148,888 to €34,092
Key points
from the 2024 annual accountsDebts
€3.2m 86% of the balance sheet
Financial debts 56%Suppliers 22%Taxes and wages 4%Other 18%
Of this, €1.9m falls due within a year.
Staff
13 employees on 31-12-2024
In 2024, 3 people joined and 3 left.
Filings
10 annual accounts 11 filings, 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
2 joined · 1 left
Board changed. Latest change 06-11-2026 · 5 in office.
Position in the sector
13.5%
Lower solvency than 81% of companies in computer and electronic products. Sector median 45.9% · 166 companies.
Checked score
49
Fair
Financially stronger than 34% of small companies in computer and electronic products (NACE 26)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 116 companies (NACE 26, small).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.6%▲ +0.2 percentage points vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 1.3%▲ +0.5 percentage points vs 06-2025
08-2025: 3.2%▲ +1.9 percentage points vs 07-2025
09-2025: 1.1%▼ -2.1 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.2%▲ +0.1 percentage points vs 02-2026
04-2026: 1.4%▲ +0.2 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +0.6 percentage points vs 07-2026
09-2026: 2.4%▲ +0.3 percentage points vs 08-2026
10-2026: 3.3%▲ +0.9 percentage points vs 09-2026highest value
11-2026: 3.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 13-08-2025)
Liquidity: current ratio 1.20, cash €34,092, halved
Size: 12.4 FTE, total assets €3.7m
lowers risk
Sector: Manufacture of computer, electronic and optical products (NACE 26)
Calculation
The band follows from the bankruptcy probability. 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 26, small). It does better than 17% of them on solvency, 11% on liquidity, 30% on profitability and 77% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as CEPYA-ELECTRONICS has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CEPYA-ELECTRONICS itself is higher: 3.3% within 12 months. It rests on far more data about CEPYA-ELECTRONICS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for CEPYA-ELECTRONICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €24,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.2 (1.32 in 2023), below the usual 1.5. Short-term debt is 51.6% and cash 0.9% of total assets. 86.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 166 sector peers (2024).
NBB · sector comparisonPosition among 166 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 11 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
11 days late
2023
337 days late
2023
34 days late
2022
15 days early
2021
26 days early
2020
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 55 days after the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Recent changes
1 director resigning, 1 reappointment
Reappointment: I-care Holding SA (director) · Permanent representative: Benoît Villain · Resignation: Yves Plaetsier (managing director) · General meeting of 30-06-2026 · Gazette deed
2 directors appointed
Permanent representative: Benoît Villain · Fabrice Brion (director) and Bruno Casamassa (director) · General meeting of 17-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0554663123
Permanent representatives: Marie Kaisin and Piet Hemschoot
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CEPYA-ELECTRONICS Assesse | €3.7m | €0.9m | 13.5% | 12.4 |
| ATELIER LUXUS Aywaille | €4.7m | €2.6m | 47.8% | 36.7 |
| ASSEMBLICS Harelbeke | €4.2m | €2.0m | 55.4% | 21.9 |
| CERcuits Geel | €0.8m | €0.4m | 52.9% | 6.3 |
| Massivit 3D Europe Aalst | €1.6m | €0.2m | 0.2% | 2.7 |
| PLD ELECTRONICS Lommel | €0.8m | €0.5m | 24.6% | - |
| PAGE Poperinge | €2.3m | - | 55.0% | 4.7 |
These companies have the same main activity as CEPYA-ELECTRONICS: manufacture of computer, electronic and optical products (NACE 26120). They are comparable in size and age: total assets between €754,000 and €4.7m, founded between 1985 and 2021.
Official details
Source: KBO- Status
- Active since 23-06-2014Normal situation
- Activity
- Manufacture of computer, electronic and optical productsNACE 26120and 2 others
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 2024
- Establishment unit
- 2.280.765.7505330 Assesse, since 01-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Annual accounts 2024
- ≈ €2.1mestimated
- €3.7m▲ 34.1%
- Employeeson 31-12-2024
- 13=
- Filing
- Filed on 11-08-2025
Companies linked to CEPYA-ELECTRONICS
Parent and group
Insights on CEPYA-ELECTRONICS
CEPYA-ELECTRONICS has existed since 2014. The present size dates from 2024. The gross margin rose that year from €323,507 to €895,475.
I-CARE HOLDING holds all the shares. In January 2022, the Official Gazette published the appointment of BEMACOGE as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CEPYA-ELECTRONICS
- What is the company number of CEPYA-ELECTRONICS?
- The company number of CEPYA-ELECTRONICS is 0554.663.123. The VAT number is the same number with BE in front: BE 0554.663.123.
- Where is CEPYA-ELECTRONICS based?
- The registered office is at Rue des Fours à Chaux 12, 5330 Assesse.Company details
- What does CEPYA-ELECTRONICS do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26120).
- What is the legal form of CEPYA-ELECTRONICS?
- CEPYA-ELECTRONICS is a private limited company (BV).
- When was CEPYA-ELECTRONICS founded?
- CEPYA-ELECTRONICS was founded on 23-06-2014.
- Is CEPYA-ELECTRONICS still active?
- Yes, CEPYA-ELECTRONICS is an active enterprise in the KBO register.
- How many employees does CEPYA-ELECTRONICS have?
- CEPYA-ELECTRONICS had an average of 12.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does CEPYA-ELECTRONICS fall under?
- In its 2024 annual accounts, CEPYA-ELECTRONICS states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of CEPYA-ELECTRONICS?
- The turnover in financial year 2024 is ≈ €2.1m. This figure is estimated from the gross margin of €895,475 and 2,275 comparable companies of the same size. It probably lies between €1.3m and €3.6m. It is a rough estimate.
- Is CEPYA-ELECTRONICS profitable?
- In financial year 2024, CEPYA-ELECTRONICS made a profit of €79,279.
- Where can I find the annual accounts of CEPYA-ELECTRONICS?
- CEPYA-ELECTRONICS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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