CEVAN INDUSTRIES

Active

Public limited companyfounded 1989active for 37 yearsGremelsloweg 9, 3680 Maaseik, BelgiumKBO/BCE: BE 0437.307.969

Summary

CEVAN INDUSTRIES has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €53,614. Equity is shrinking by about 5.4% per year across the filed financial years. Its solvency ranks better than 46% of 826 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

CEVAN INDUSTRIESActiveChecked score 93/100

Risk analysis Report Compare

Activity

Manufacture of metal structures and parts of structures

NACE 25110Manufacture of electrical equipment NACE 27510

2nd largest employer in Maaseik1 site

Size

€4.0mtotal assets 2025

Staff: 41.2 FTE
Equity: €1.7m
Profit: €53,614

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: GIMA BEHEER · 99.75%
Board: 4 members

GIEDEManaging director · permanent representative Dirk Dezeure

2025 accounts 31 days early1 of 10 deeds summarised

Why 93raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 1.80, cash €552,330Founded in 1989Equity €1.7m (42.9% of total assets)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 46% of its sector peers (NACE 25, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 68-3

equity 42.9% of total assets

Liquidity 47+3

short-term debt 41.7% · cash 13.6%

Profitability 64+60

return on assets 1.3%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (749 companies, NACE 25, small)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.7 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.2 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%▼ -0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -1.3 percentage points vs 09-2026

Credit of up to €160,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.8, compared with 2.22 in 2024, above the usual 1.5; short-term debt: 41.7% and cash: 13.6% of total assets), but 57.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, small): better than 50% on solvency, 53% on liquidity, 36% on profitability and 45% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.80, cash €552,330

NBB · annual accounts

Founded in 1989

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

KBO

Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)

KBO

Equity €1.7m (42.9% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 days early

2024

34 days early

2023

47 days early

2022

35 days early

2021

46 days early

2020

32 days early

2019

38 days early

← before the deadline after the deadline →

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

This company filed its last 7 accounts on average 38 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-06-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Back to profitnet €53,614
27-06-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Back in profit in 2025after -€427,139 in 2024 €53,614 View
Positive: 2nd largest employer in Maaseikin the Checked rankings No. 2 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by GIMA BEHEER 99.75% View
Flemish supportawarded from 2022 to 2025 €71,082 View

By topic

Financials

Financial year: 2025
Total assets: €4.0m
Profit: €53,614
Solvency: 42.9%

Turnover▲ 16.8%

Net result

20182023

Go to Financials

Board & ownership

Board: 4 members
Parent: GIMA BEHEER · 99.75%

Ad GiebelsDirector
GIEDEManaging director
PROOENERGYManaging director
BVBA ProoEnergieManaging director

Go to Board & ownership

Network & group

Connected companies: 1

Go to Network & group

Timeline

Events: 44
Since: 1990
Next accounts: by 31-07-2027

14-06-2024Annual accounts filed
31-12-2023Back to profit
31-12-2023Equity above €2m

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of metal structures and parts of structuresNACE 25110
Founded: 24-04-1989
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about CEVAN INDUSTRIES

What is the company number of CEVAN INDUSTRIES?: 0437.307.969. In Belgium the VAT number is the company number with BE in front: BE 0437.307.969.
Where is CEVAN INDUSTRIES based?: The registered office is at Gremelsloweg 9, 3680 Maaseik.Company details
What does CEVAN INDUSTRIES do?: According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of CEVAN INDUSTRIES?: Public limited company (NV).
When was CEVAN INDUSTRIES founded?: On 24-04-1989.
Is CEVAN INDUSTRIES still active?: Yes, CEVAN INDUSTRIES is an active enterprise in the KBO register.
How many employees does CEVAN INDUSTRIES have?: On average 41.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CEVAN INDUSTRIES?: €7.8m in financial year 2023, according to the filed annual accounts.
Is CEVAN INDUSTRIES profitable?: In financial year 2025, CEVAN INDUSTRIES made a profit of €53,614.
Where can I find the annual accounts of CEVAN INDUSTRIES?: CEVAN INDUSTRIES filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CEVAN INDUSTRIES due?: By 31-07-2027, for financial year 2026.Timeline