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CeVeCe

Active
Private limited companyfounded 201511 yrs activeCitadellaan 38, 9000 Gent, BelgiumKBO/BCE: BE 0633.750.785
Summary

CeVeCe has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €997,295 and a net result of -€14,039. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.22 in 2024; short-term debt: 4.9% and cash: 8.4% of total assets), and 5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95%
Return on assets
-1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
98 d early
2023
79 d early
2022
122 d early
2021
16 d late
2020
113 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 64 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 May (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 July 2015, CeVeCe was incorporated.1 Total assets went from EUR 1.2 million in 2018 to EUR 1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€997,295▼ 1.4%
2024 · €1.0m
Total assets
€1.0m▼ 1.2%
2024 · €1.1m
Net result
-€14,039▲ 14.7%
2024 · -€16,461
Working capital
€38,230▲ 240%
2024 · €11,231
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€6,376▲ 40.4%-€10,565▼ 65.7%-€13,017▼ 23.2%-€16,388▼ 25.9%-€13,969▲ 14.8%
Net result-€6,400▲ 40.1%-€10,634▼ 66.2%-€13,086▼ 23.1%-€16,461▼ 25.8%-€14,039▲ 14.7%
Equity€1.1m▼ 1.6%€1.0m▼ 1.0%€1.0m▼ 1.3%€1.0m▼ 1.6%€997,295▼ 1.4%
Total assets€1.1m▼ 1.6%€1.1m▼ 1.0%€1.1m▼ 1.2%€1.1m▼ 1.5%€1.0m▼ 1.2%
Debt€51,364▼ 2.3%€51,364=€51,364=€51,364=€52,527▲ 2.3%
Working capital€48,583▲ 64.1%-€6,319-€7,358▼ 16.4%€11,231€38,230▲ 240%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2021: -€6,376-€6,376Net result 2021: -€6,400-€6,400Operating result 2022: -€10,565-€10,565Net result 2022: -€10,634-€10,634Operating result 2023: -€13,017-€13,017Net result 2023: -€13,086-€13,086Operating result 2024: -€16,388-€16,388Net result 2024: -€16,461-€16,461Operating result 2025: -€13,969-€13,969Net result 2025: -€14,039-€14,03920212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€13,017-€13,000Net result 2023: -€13,086-€13,100Operating result 2024: -€16,388-€16,400Net result 2024: -€16,461-€16,500Operating result 2025: -€13,969-€14,000Net result 2025: -€14,039-€14,000202320242025
The operating result stays negative: a loss of €13,969 in 2025 against €16,388 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €960,228 ▼ 4.0%
Current assets €89,594 ▲ 43.1%
Equity and liabilities €1.0m
Equity €997,295 ▼ 1.4%
Debt €52,527 ▲ 2.3%
Debt's share of the balance-sheet total rises from 4.8% to 5.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,767▲
2024 · €26,262
Cash flow
€28,697▲
2024 · €26,189
Current ratio
1.74▲
2024 · 1.22
Debt to equity
0.05▲
2024 · 0.05
ROE
-1.4%▲
2024 · -1.6%
ROA
-1.3%▲
2024 · -1.5%
Interest coverage
383.56▲
2024 · 357.31
Debt ≤ 1 year
€51,364=
2024 · €51,364
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.5% went bankrupt
5.4% stopped otherwise
94% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,688 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.0m▼
Fixed assets21/28€1.0m€960,228▼
Tangible fixed assets22/27€1.0m€960,228▼
Land and buildings22€1.0m€960,228▼
Current assets29/58€62,595€89,594▲
Cash at bank and in hand54/58€61,166€88,106▲
Deferred charges and accrued income490/1€1,429€1,488▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15€1.0m€997,295▼
Contributions10/11€1.1m€1.1m=
Profit (loss) carried forward14-€108,667-€122,705▼
Amounts payable17/49€51,364€52,527▲
Amounts payable within one year42/48€51,364€51,364=
Other amounts payable47/48€51,364€51,364=
Accrued charges and deferred income492/3-€1,163
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,650€42,736▲
Other operating charges640/8€6,702€5,408▼
Gross operating margin9900€32,964€34,175▲
Operating profit (loss)9901-€16,388-€13,969▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€74€75▲
Recurring financial charges65€74€75▲
Profit (loss) for the period before taxes9903-€16,461-€14,039▲
Profit (loss) for the period9904-€16,461-€14,039▲
Profit (loss) for the period to be appropriated9905-€16,461-€14,039▲
Appropriation of the result
Profit (loss) to be appropriated9906-€108,667-€122,705▼
Profit (loss) brought forward from the previous period14P-€92,205-€108,667▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,811€34,870€40,619€42,650€42,736▲ 0.2%
Other operating charges640/8€4,022€4,098€5,003€6,702€5,408▼ 19.3%
Gross operating margin9900€29,457€28,403€32,605€32,964€34,175▲ 3.7%
Operating profit (loss)9901-€6,376-€10,565-€13,017-€16,388-€13,969▲ 14.8%
Financial income75/76B€65€0--€6-
Recurring financial income75€65€0--€6-
Financial charges65/66B€89€69€69€74€75▲ 2.0%
Recurring financial charges65€89€69€69€74€75▲ 2.0%
Profit (loss) for the period before taxes9903-€6,400-€10,634-€13,086-€16,461-€14,039▲ 14.7%
Profit (loss) for the period9904-€6,400-€10,634-€13,086-€16,461-€14,039▲ 14.7%
Profit (loss) for the period to be appropriated9905-€6,400-€10,634-€13,086-€16,461-€14,039▲ 14.7%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.1m€1.0m▼ 1.2%
Fixed assets21/28€1.0m€1.0m€1.0m€1.0m€960,228▼ 4.0%
Tangible fixed assets22/27€1.0m€1.0m€1.0m€1.0m€960,228▼ 4.0%
Land and buildings22€1.0m€1.0m€1.0m€1.0m€960,228▼ 4.0%
Current assets29/58€99,947€45,045€44,006€62,595€89,594▲ 43.1%
Cash at bank and in hand54/58€98,831€43,815€42,657€61,166€88,106▲ 44.0%
Deferred charges and accrued income490/1€1,116€1,230€1,349€1,429€1,488▲ 4.1%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.1m€1.0m▼ 1.2%
Equity10/15€1.1m€1.0m€1.0m€1.0m€997,295▼ 1.4%
Contributions10/11€1.1m€1.1m€1.1m€1.1m€1.1m=
Profit (loss) carried forward14-€68,485-€79,119-€92,205-€108,667-€122,705▼ 12.9%
Amounts payable17/49€51,364€51,364€51,364€51,364€52,527▲ 2.3%
Amounts payable within one year42/48€51,364€51,364€51,364€51,364€51,364=
Other amounts payable47/48€51,364€51,364€51,364€51,364€51,364=
Accrued charges and deferred income492/3----€1,163-
Line20212022202320242025Change
Profit (loss) for the period9904-€6,400-€10,634-€13,086-€16,461-€14,039▲ 14.7%
+ Depreciation and write-downs630€31,811€34,870€40,619€42,650€42,736▲ 0.2%
Operating cash flow (approximation)€25,411€24,236€27,533€26,189€28,697▲ 9.6%
Investment in fixed assets (approximation)--€79,138-€28,572-€7,599-€2,862▲ 62.3%
Change in cash--€55,016-€1,158€18,509€26,939▲ 45.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€16,461
Net result drops to -€16,461, the lowest in the series; recovery starts the following year.
13-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
09-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
256 m²
Building footprint
226 m²
Volume, LiDAR
1,669 m³
Parcel 44808H0261/00H004, Flanders · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CeVeCe
Citadellaan 38, 9000 GentReal estate activities
since 20152.243.951.676
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0261/00H004 Flanders 256 m² 1 · 226 m² 16.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-07-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.