CERNUNNOS
ActiveSummary
CERNUNNOS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,362) and a net result of -€71,393. Its solvency ranks better than 14% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-08-2023 Normal situation
- Activity
- Retail sale of pets, pet food and pet supplies NACE 47762and 5 others
- Establishment unit
- 2.348.592.308 3270 Scherpenheuvel-Zichem, since 24-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Board and ownership
- MERTENS AnnemieDirector · since 24-08-2023
- VAN EYCK GeertDirector · since 24-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- €73,463
- ▼ 71.4%
- Turnover
- ≈ €360,000
- estimated
- Loss
- €71,393
- Equity
- -€1,362
- Total assets
- €653,484
- ▲ 2.1%
- Employees on 31-12-2025
- 4
- ▼ 20.0%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€1,362Loss of €71,393 (financial year 2025)Sector: Retail trade (NACE 47)lowers riskSize: total assets €653,484Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 19% of them on solvency, 15% on liquidity, 15% on profitability and 5% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 29 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a loss of €51,993, after a profit of €52,738 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 5 | 4 |
| full-time | 1 | 1 |
| part-time | 4 | 3 |
| in full-time equivalents | 2.7 | 2.5 |
| Average over the year, in full-time equivalents | 2.7 | 2.8 |
| On a permanent contract | 3 | 3 |
| Joined | 17 | 4 |
| Left | 12 | 5 |
| Training hours | - | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €333,000 | €24,831 |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €67,903 | €34,757 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as CERNUNNOS: retail sale of pets, pet food and pet supplies (NACE 47762). They are comparable in size and age: total assets between €389,000 and €1.1m, founded between 2020 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| CERNUNNOS Tielt-Winge | 2023 | €0.7m | -€0.001m | €0.07m | -€0.07m | - | 2025 |
| Delizoo Lille | 2024 | €0.8m | €0.2m | €0.07m | -€0.02m | - | 2025 |
| EXOTIC 2000 Beyne-Heusay | 2024 | €0.5m | €0.2m | €0.07m | €0.02m | - | 2025 |
| HORTA VHW Wuustwezel | 2023 | €1.1m | -€0.3m | €0.1m | -€0.4m | - | 2025 |
| LA CERISE SUR LE MUSEAU Bastogne | 2023 | €0.4m | €0.07m | €0.1m | €0.006m | - | 2025 |
| P & P GRIMBERGEN Grimbergen | 2021 | €0.4m | €0.005m | €0.08m | €0.006m | - | 2025 |
| FANTAIL Lennik | 2020 | €1.0m | €0.2m | €0.05m | -€0.4m | 3.1 | 2025 |
They were chosen from the 500 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,639 companies had the same profile as CERNUNNOS has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CERNUNNOS itself is lower: 1.3% within 12 months. It rests on far more data about CERNUNNOS than the profile alone.
Test of the method
The method was tested on the 497,446 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 7,639 companies, not a prediction for CERNUNNOS. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €119,842 | €90,408 | ▼ 24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67,903 | €34,757 | ▼ 48.8% |
| Other operating charges640/8 | €16,099 | €291 | ▼ 98.2% |
| Gross operating margin9900 | €256,583 | €73,463 | ▼ 71.4% |
| Operating profit (loss)9901 | €52,738 | -€51,993 | - |
| Financial income75/76B | €423 | €153 | ▼ 63.9% |
| Recurring financial income75 | €423 | €153 | ▼ 63.9% |
| Financial charges65/66B | €27,072 | €19,532 | ▼ 27.9% |
| Recurring financial charges65 | €27,072 | €19,532 | ▼ 27.9% |
| Profit (loss) for the period before taxes9903 | €26,090 | -€71,372 | - |
| Income taxes67/77 | €6,059 | €21 | ▼ 99.7% |
| Profit (loss) for the period9904 | €20,030 | -€71,393 | - |
| Profit (loss) for the period to be appropriated9905 | €20,030 | -€71,393 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €640,078 | €653,484 | ▲ 2.1% |
| Fixed assets21/28 | €265,097 | €260,778 | ▼ 1.6% |
| Tangible fixed assets22/27 | €265,097 | €260,778 | ▼ 1.6% |
| Plant, machinery and equipment23 | €168,811 | €175,292 | ▲ 3.8% |
| Other tangible fixed assets26 | €96,285 | €85,485 | ▼ 11.2% |
| Current assets29/58 | €374,981 | €392,707 | ▲ 4.7% |
| Stocks and contracts in progress3 | €292,540 | €304,779 | ▲ 4.2% |
| Stocks30/36 | €292,540 | €304,779 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €1,499 | €19,891 | ▲ 13× |
| Trade receivables40 | €1,077 | €0 | ▼ 100% |
| Other amounts receivable41 | €422 | €19,891 | ▲ 47× |
| Cash at bank and in hand54/58 | €80,942 | €57,000 | ▼ 29.6% |
| Deferred charges and accrued income490/1 | - | €11,036 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €640,078 | €653,484 | ▲ 2.1% |
| Equity10/15 | €70,030 | -€1,362 | - |
| Contributions10/11 | €50,000 | €50,000 | = |
| Reserves13 | €20,030 | €20,030 | = |
| Distributable reserves133 | €20,030 | €20,030 | = |
| Profit (loss) carried forward14 | - | -€71,393 | - |
| Amounts payable17/49 | €570,047 | €654,847 | ▲ 14.9% |
| Amounts payable after more than one year17 | €137,536 | €112,207 | ▼ 18.4% |
| Financial debts170/4 | €137,536 | €112,207 | ▼ 18.4% |
| Amounts payable within one year42/48 | €432,511 | €542,640 | ▲ 25.5% |
| Current portion of amounts payable after more than one year42 | €24,277 | €25,329 | ▲ 4.3% |
| Financial debts43 | €270,000 | €260,000 | ▼ 3.7% |
| Credit institutions430/8 | €270,000 | €260,000 | ▼ 3.7% |
| Trade debts44 | €89,595 | €236,263 | ▲ 164% |
| Suppliers440/4 | €89,595 | €236,263 | ▲ 164% |
| Taxes, remuneration and social security45 | €29,579 | €16,848 | ▼ 43.0% |
| Taxes450/3 | €19,105 | €6,059 | ▼ 68.3% |
| Remuneration and social security454/9 | €10,475 | €10,789 | ▲ 3.0% |
| Other amounts payable47/48 | €19,060 | €4,200 | ▼ 78.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,030 | -€71,393 | - |
| + Depreciation and write-downs630 | €67,903 | €34,757 | ▼ 48.8% |
| Operating cash flow (approximation) | €87,934 | -€36,636 | - |
| Investment in fixed assets (approximation) | - | -€30,437 | - |
| Change in cash | - | -€23,942 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- VAN EYCK Geert founder
- MERTENS Annemie founder
Capital transactions
- 28-08-2023 Incorporation · €50,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MERTENS Annemie |
|
| VAN EYCK Geert |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 28-08-2023 (in Dutch)
Network & group
CERNUNNOS shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of CERNUNNOS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-08
Gazette deed
IncorporationStarting capital €50,000 · Appointments: VAN EYCK Geert (director) and MERTENS Annemie (director) · Founder12 points ▸
- Incorporation, 21-08-2023
- Founder, VAN EYCK Geert
- Founder, MERTENS Annemie
- Founding capital, €50,000
- Bank account, “vennootschap in oprichting”, EUR (deed in Dutch)
- Capital
- Registered office clause, “3390 Tielt-Winge,Beurtstraat 30” (deed in Dutch)
- Board rule, 2, “vergadering” (deed in Dutch)
- Director appointment, VAN EYCK Geert (director (not named in the articles))
- Director appointment, MERTENS Annemie (director (not named in the articles))
- Other provision, “geen beroepsverbod faillissement, tot op heden niet het voorwerp van faillissementsprocedure met beroepsverbod” (deed in Dutch), mentioned 2 times in the deed
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
19 activities
- Handel in granen en zaden
- Handel in veevoeders
- Handel in ruwe plantaardige en dierlijke oliën en vetten
- Handel in akkerproducten en andere akkerproducten
- Handel in bloemen en planten
- Handel in voedsel voor huisdieren en benodigdheden daarvoor in gespecialiseerde winkels
- Handel in andere voedingsmiddelen
- Handel in niet-gespecialiseerde winkels waarbij voedings-en genotsmiddelen niet overheersen
- Overige handel in voedingsmiddelen in gespecialiseerde winkels
- Handel in kunstmeststoffen in gespecialiseerde winkels
- Handel in vaste, vloeibare en gasvormige brandstoffen in gespecialiseerde winkels
- Handel in vaste brandstoffen zoals steenkool, brandhout, houtskool, enz.
- Detailhandel in vloeibare en gasvormige brandstoffen
- Handel in drogisterij artikelen en onderhoudsproducten
- Handel in reinigingsproducten
- Handel in artikelen, andere dan voedingsmiddelen, in nieuwe artikelen in gespecialiseerde winkels
- Overige zakelijke dienstverlening
- Adviesverlening in de ruimste zin
- Het aanleggen, het oordeelkundig uitbouwen en beheren van het eigen onroerend vermogen; alle verrichtingen met betrekking tot de eigen onroerende goederen en de eigen onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur- en verhuur, de ruil, de verkaveling, projectontwikkeling en in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van de eigen onroerende goederen of de eigen onroerende zakelijke rechten.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24129D0116/00H000 | Flanders | 5,618 m² | 1 · 233 m² | 6.5 m · 2 |
| 24106F0254/00N002 | Flanders | 1,677 m² | 1 · 91 m² | - |