Cequel

Active

Private limited companyfounded 2009active for 16 yearsDurmen 235, 9240 Zele, BelgiumKBO/BCE: BE 0820.261.001

Summary

The computed 12-month bankruptcy probability of Cequel is 9.9% (elevated). For Cequel, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €110,727 and a net result of €4,325. Equity is shrinking by about 2.8% per year across the filed financial years. Its solvency ranks better than 51% of 5,048 sector peers (NACE 96, financial year 2022). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

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CequelActive

Risk analysis Report Compare

Activity

Funeral services

NACE 96301

1 site

Size

€442,331total assets 2022

Equity: €110,727
Profit: €4,325

Turnover not published (abbreviated or micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 9.9%

2022 figures too old to score

Structure

VAN DAMME KoenDirector

2023 accounts not filed, 999 days past the deadline

Signalsraises riskFigures for financial year 2022 (filed 08-10-2023)3 financial years not filed after the legal deadline; last filed accounts filed 251 days late; 3 of the last 3 lateSize: total assets €442,331Two or more financial years not filed2022 accounts filed 250 days latelowers riskFounded in 2009Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Average

Solvency 50+2

equity 25.0% of total assets

Liquidity 49+4

short-term debt 25.6% · cash 7.0%

Profitability 70+3

return on assets 1.0%

Bankruptcy probability, 12 months

9.9% Elevated

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,615 companies, NACE 96, micro)

Last 24 months 11-2024: 7.8%lowest value 12-2024: 7.8%● unchanged vs 11-2024lowest value 01-2025: 7.8%● unchanged vs 12-2024lowest value 02-2025: 9.9%▲ +2.1 percentage points vs 01-2025 03-2025: 9.9%● unchanged vs 02-2025 04-2025: 9.8%▼ -0.1 percentage points vs 03-2025 05-2025: 9.8%● unchanged vs 04-2025 06-2025: 9.8%● unchanged vs 05-2025 07-2025: 9.8%● unchanged vs 06-2025 08-2025: 9.8%● unchanged vs 07-2025 09-2025: 9.8%● unchanged vs 08-2025 10-2025: 9.7%▼ -0.1 percentage points vs 09-2025 11-2025: 10.7%▲ +1.0 percentage point vs 10-2025highest value 12-2025: 10.7%● unchanged vs 11-2025highest value 01-2026: 10.7%● unchanged vs 12-2025highest value 02-2026: 9.9%▼ -0.8 percentage points vs 01-2026 03-2026: 9.9%● unchanged vs 02-2026 04-2026: 9.9%● unchanged vs 03-2026 05-2026: 9.9%● unchanged vs 04-2026 06-2026: 9.9%● unchanged vs 05-2026 07-2026: 9.9%● unchanged vs 06-2026 08-2026: 9.9%● unchanged vs 07-2026 09-2026: 9.9%● unchanged vs 08-2026 10-2026: 9.9%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2022 (filed 08-10-2023)

NBB · annual accounts

3 financial years not filed after the legal deadline; last filed accounts filed 251 days late; 3 of the last 3 late

NBB · filings

Size: total assets €442,331

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2009

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

30-06-2023 year end31-01-2024 deadline26-10-2026 today

2022 accounts filed 250 days late

The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 08-10-2023, 250 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

250 days late

2021

610 days late

2020

688 days late

2019

255 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 451 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-12-2023 Amendment of the articles · Legal-form…Resignation: VAN DAMME Koen (director)…
08-10-2023 Annual accounts filedfinancial year 2022 · micro…
03-10-2023 Annual accounts filedfinancial year 2021 · micro…

Key points

Risk: 2023 accounts not fileddeadline was 31-01-2024 999 days past the deadline View
Positive: Among the best 16% on equitysector median €13,949 · 5,060 companies €110,727 View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2022
Total assets: €442,331
Profit: €4,325
Solvency: 25.0%

Total assets▼ 2.6%

Net result

20192022

Go to Financials

Board & ownership

Board: 1 member

VAN DAMME KoenDirector

Go to Board & ownership

Timeline

Events: 15
Since: 2012

20-12-2022Annual accounts filed
30-06-2022Back to profit
12-10-2020Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Funeral servicesNACE 96301
Founded: 03-11-2009
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 24

See the provisions in the deeds

Go to Articles of association

Key facts about Cequel

What is the company number of Cequel?: 0820.261.001. In Belgium the VAT number is the company number with BE in front: BE 0820.261.001.
Where is Cequel based?: The registered office is at Durmen 235, 9240 Zele.Company details
What does Cequel do?: According to the KBO register, the main activity is funeral services (NACE 96301).
What is the legal form of Cequel?: Private limited company (BV).
When was Cequel founded?: On 03-11-2009.
Is Cequel still active?: Yes, Cequel is an active enterprise in the KBO register.
How many employees does Cequel have?: On average 1.2 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of Cequel?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Cequel profitable?: In financial year 2022, Cequel made a profit of €4,325.
Where can I find the annual accounts of Cequel?: Cequel filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2022.