CME
InactiveCME was declared bankrupt on 07-04-2025 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 27-10-2025, published in the Belgian State Gazette on 03-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-10-2021, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
92 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 66 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2020, micro schema
Equity
€12,732▲ 130%
2019 · €5,546
Total assets
€56,843▲ 70.1%
2019 · €33,422
Net result
€7,186▲ 365%
2019 · €1,546
Working capital
€212
2019 · -€1,914
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
Line201820192020
Operating result€3,186€36,614▲ 1,049%
Net result€1,546€7,186▲ 365%
Equity€4,000-€5,546▲ 38.6%€12,732▲ 130%
Total assets€4,000-€33,422▲ 736%€56,843▲ 70.1%
Debt€27,877€44,112▲ 58.2%
Working capital-€1,914€212
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 1,049% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €56,843
Fixed assets
€12,820 ▲ 65.2%
Current assets
€44,023 ▲ 71.5%
Equity and liabilities €56,843
Equity
€12,732 ▲ 130%
Debt
€44,112 ▲ 58.2%
Debt's share of the balance-sheet total falls from 83.4% to 77.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,554▲
2019 · €5,126
Cash flow
€10,126▲
2019 · €3,486
Current ratio
1.00▲
2019 · 0.93
Debt to equity
0.02▼
2019 · 0.05
ROE
56.4%▲
2019 · 27.9%
ROA
12.6%▲
2019 · 4.6%
Debt ≤ 1 year
€43,811▲
2019 · €27,577
Debt > 1 year
€300=
2019 · €300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,940 | €2,940 | ▲ 51.5% |
| Gross operating margin9900 | - | €5,259 | €63,924 | ▲ 1,116% |
| Operating profit (loss)9901 | - | €3,186 | €36,614 | ▲ 1,049% |
| Recurring financial income75 | - | - | €22 | - |
| Recurring financial charges65 | - | €768 | €29,449 | ▲ 3,737% |
| Profit (loss) for the period before taxes9903 | - | €2,419 | €7,186 | ▲ 197% |
| Income taxes67/77 | - | €873 | - | - |
| Profit (loss) for the period9904 | - | €1,546 | €7,186 | ▲ 365% |
| Profit (loss) for the period to be appropriated9905 | - | €1,546 | €7,186 | ▲ 365% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4,000 | €33,422 | €56,843 | ▲ 70.1% |
| Fixed assets21/28 | - | €7,760 | €12,820 | ▲ 65.2% |
| Tangible fixed assets22/27 | - | €7,760 | €9,820 | ▲ 26.5% |
| Financial fixed assets28 | - | - | €3,000 | - |
| Current assets29/58 | €4,000 | €25,662 | €44,023 | ▲ 71.5% |
| Amounts receivable within one year40/41 | €4,000 | €15,695 | €15,708 | ▲ 0.1% |
| Cash at bank and in hand54/58 | - | €9,968 | €28,316 | ▲ 184% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4,000 | €33,422 | €56,843 | ▲ 70.1% |
| Equity10/15 | €4,000 | €5,546 | €12,732 | ▲ 130% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | - | €1,546 | €8,732 | ▲ 465% |
| Amounts payable17/49 | - | €27,877 | €44,112 | ▲ 58.2% |
| Amounts payable after more than one year17 | - | €300 | €300 | = |
| Amounts payable within one year42/48 | - | €27,577 | €43,811 | ▲ 58.9% |
| Trade debts44 | - | €1,071 | €1,104 | ▲ 3.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €1,546 | €7,186 | ▲ 365% |
| + Depreciation and write-downs630 | - | €1,940 | €2,940 | ▲ 51.5% |
| Operating cash flow (approximation) | - | €3,486 | €10,126 | ▲ 191% |
| Investment in fixed assets (approximation) | - | - | -€8,000 | - |
| Change in cash | - | - | €18,348 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 27-10-2025
11-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 07-04-2025
04-04
KBO administration
Address struck
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 406 days late
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN BOGAERT SCHOOLSTRAAT 15, 9200 DENDER-
MONDE |
07-04-2025 → 27-10-2025 |
Identification & contact
Identification
Legal formBVBA
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.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.