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CERABLE

Active
Private limited companyfounded 2025active for 1 yearMarkt 25, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 1021.548.174

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of CERABLE is 4.2% (elevated). The 2025 annual accounts show equity of €9,414 and a net result of €4,414. Its solvency ranks better than 44% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00413163.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
21-08-2026
Format
micro format
Reference
2026-00413163
Turnover
≈ €220,000
Estimated: probably between €110,000 and €450,000
Total assets
€41,118
Net result
€4,414
Working capital
-€15,792

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €41,118
Fixed assets €25,206
Current assets €15,911
Equity and liabilities €41,118
Equity €9,414
Debt €31,703
Debt's share of the balance-sheet total is 77.1%.
Key figures and ratios
2025 value
EBITDA
€8,755
Cash flow
€6,561
Current ratio
0.50
Quick ratio
0.22
Debt to equity
3.37
ROE
46.9%
ROA
10.7%
Interest coverage
28.80
Debt ≤ 1 year
€31,703
Income taxes
€1,953
Staff costs
€11,931

Companies with the same profile, two years later

Historical observation

In July 2024, 2,390 companies had the same profile as CERABLE has now. Two years later, 1.2% had gone bankrupt and 96.7% were still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of CERABLE itself is higher: 4.2% within 12 months. It rests on far more data about CERABLE than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,390 companies, not a prediction for CERABLE. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€41,118
Fixed assets21/28€25,206
Intangible fixed assets21€23,095
Tangible fixed assets22/27€2,111
Plant, machinery and equipment23€1,862
Furniture and vehicles24€250
Current assets29/58€15,911
Stocks and contracts in progress3€8,995
Stocks30/36€8,995
Amounts receivable within one year40/41€1,940
Trade receivables40€262
Other amounts receivable41€1,678
Cash at bank and in hand54/58€3,589
Deferred charges and accrued income490/1€1,387
Equity and liabilities
Total equity and liabilities10/49€41,118
Equity10/15€9,414
Contributions10/11€5,000
Reserves13€4,414
Distributable reserves133€4,414
Amounts payable17/49€31,703
Amounts payable within one year42/48€31,703
Trade debts44€13,139
Suppliers440/4€13,139
Taxes, remuneration and social security45€5,705
Taxes450/3€4,331
Remuneration and social security454/9€1,374
Other amounts payable47/48€12,859
Income statement Code2025
Remuneration, social security and pensions62€11,931
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,147
Other operating charges640/8€54
Gross operating margin9900€20,741
Operating profit (loss)9901€6,608
Financial income75/76B€63
Recurring financial income75€63
Financial charges65/66B€304
Recurring financial charges65€304
Profit (loss) for the period before taxes9903€6,367
Income taxes67/77€1,953
Profit (loss) for the period9904€4,414
Profit (loss) for the period to be appropriated9905€4,414
Appropriation of the result
Profit (loss) to be appropriated9906€4,414
Transfer to equity691/2€4,414
To other reserves6921€4,414

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Remuneration, social security and pensions62€11,931
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,147
Other operating charges640/8€54
Gross operating margin9900€20,741
Operating profit (loss)9901€6,608
Financial income75/76B€63
Recurring financial income75€63
Financial charges65/66B€304
Recurring financial charges65€304
Profit (loss) for the period before taxes9903€6,367
Income taxes67/77€1,953
Profit (loss) for the period9904€4,414
Profit (loss) for the period to be appropriated9905€4,414
Line2025
Assets
Total assets20/58€41,118
Fixed assets21/28€25,206
Intangible fixed assets21€23,095
Tangible fixed assets22/27€2,111
Plant, machinery and equipment23€1,862
Furniture and vehicles24€250
Current assets29/58€15,911
Stocks and contracts in progress3€8,995
Stocks30/36€8,995
Amounts receivable within one year40/41€1,940
Trade receivables40€262
Other amounts receivable41€1,678
Cash at bank and in hand54/58€3,589
Deferred charges and accrued income490/1€1,387
Equity and liabilities
Total equity and liabilities10/49€41,118
Equity10/15€9,414
Contributions10/11€5,000
Reserves13€4,414
Distributable reserves133€4,414
Amounts payable17/49€31,703
Amounts payable within one year42/48€31,703
Trade debts44€13,139
Suppliers440/4€13,139
Taxes, remuneration and social security45€5,705
Taxes450/3€4,331
Remuneration and social security454/9€1,374
Other amounts payable47/48€12,859
Line2025
Profit (loss) for the period9904€4,414
+ Depreciation and write-downs630€2,147
Operating cash flow (approximation)€6,561

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 21-08-2026 2026-00413163 NBB

Comparable companies

These companies have the same main activity as CERABLE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €38,100 and €40,900, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
CERABLE Herk-de-Stad2025€41,118€9,414€20,741€4,4142025
LA CHALOUPE BLEUE Sambreville2025€40,879-€12,041€19,554-€22,0412025
Resto Laila Merchtem2025€38,109€8,462€21,653€3,4622025
TONY Anderlecht2024€39,686€16,884€21,010€14,3842025
Mis Food Geel2025€40,885€18,671€24,517€17,6712025
NE/Catering Brecht2025€38,375€14,308€24,251€11,8082025
BADASS FACTORY Walhain2025€40,866€13,612€24,416€8,6122025

They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.