Skip to content

CEWE Belgium NV

Active
Public limited companyfounded 1975active for 51 yearsGeneraal De Wittelaan 9, 2800 Mechelen, Belgium16 active companies are registered at this addressKBO/BCE: BE 0415.210.280
Summary

CEWE Belgium NV has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €1.2m. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 71% of 209 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
CEWE Belgium NVActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Other photographic activities
NACE 74209
4th oldest company in Mechelen, Professional and technical services sector1 site
Size
€17.4mturnover 2025
Staff
12.9 FTE
Equity
€6.8m
Profit
€1.2m
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Cewe Group International GMBH
Auditor: BV Baker Tilly Bedrijfsrevisoren2025 accounts 18 days early4 of 18 deeds summarised
Why 94raises riskLiquidity: current ratio 2.64, cash €300,232lowers riskSize: turnover €17.4m, 12.9 FTE, total assets €10.9mProfit of €1.2m (financial year 2025)Founded in 1975Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 74, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 87-2
equity 62.3% of total assets
Liquidity 36-3
short-term debt 37.7% · cash 2.8%
Profitability 73+4
return on assets 10.7%
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 0.1% (189 companies, NACE 74, 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%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.64, compared with 2.8 in 2024, above the usual 1.5; short-term debt: 37.7% and cash: 2.8% of total assets), and 37.7% 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 74, small): better than 66% on solvency, 20% on liquidity, 60% on profitability and 71% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.64, cash €300,232
NBB · annual accounts
lowers risk · Size: turnover €17.4m, 12.9 FTE, total assets €10.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Profit of €1.2m (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1975
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 days early
2024
19 days late
2023
2 days early
2022
4 days early
2021
9 days early
2020
4 days early
2019
32 days late
← 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 2 days after the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · 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 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €1.2m ▲41.9%
  3. Resignation: BV BAKER Tilly Belgium Bedrijfsrevisoren…Appointment: DELOITTE Bedrijfsrevisoren BV (commissaris…

Key points

  • Positive: Among the best 5% on net resultsector median €8,347 · 209 companies €1.2m View
  • Positive: 5 years of growth in a rowturnover 2025: €17.4m 5 years View
  • Controlled by Cewe Group International GMBHknown shareholders 100% parent View
  • Positive: Result rose in 2025from €824,005 to €1.2m ▲ 41.9% View
  • Active since 1975founded 15-09-1975 51 years View

By topic

Financials

Financial year
2025
Turnover
€17.4m
Profit
€1.2m
Solvency
62.3%
Turnover▲ 13.7%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Cewe Group International GMBH
Known shareholders
100%
Auditor
BV Baker Tilly Bedrijfsrevisoren
  • Johannes WT ONDERWATERDirector
  • Baudouin VERSCHUERENDirector
Go to Board & ownership

Timeline

Events
57
Since
1978
Next accounts
by 31-07-2027
  1. 19-08-2025Annual accounts filed
  2. 23-06-2025Resignation: Jean-Paul Vern (director)
  3. 31-12-2024Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other photographic activitiesNACE 74209
Founded
15-09-1975
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CEWE Belgium NV

What is the company number of CEWE Belgium NV?
0415.210.280. In Belgium the VAT number is the company number with BE in front: BE 0415.210.280.
Where is CEWE Belgium NV based?
The registered office is at Generaal De Wittelaan 9, 2800 Mechelen.Company details
What does CEWE Belgium NV do?
According to the KBO register, the main activity is other photographic activities (NACE 74209).
What is the legal form of CEWE Belgium NV?
Public limited company (NV).
When was CEWE Belgium NV founded?
On 15-09-1975.
Is CEWE Belgium NV still active?
Yes, CEWE Belgium NV is an active enterprise in the KBO register.
How many employees does CEWE Belgium NV have?
On average 12.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CEWE Belgium NV?
€17.4m in financial year 2025, according to the filed annual accounts.
Is CEWE Belgium NV profitable?
In financial year 2025, CEWE Belgium NV made a profit of €1.2m.
Where can I find the annual accounts of CEWE Belgium NV?
CEWE Belgium NV filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CEWE Belgium NV due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to CEWE Belgium NV

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure