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CUTTING EDGE TECHNOLOGIES

Active
Private limited companyfounded 2018active for 8 yearsCellebroersstraat 37, 1000 Brussel, BelgiumKBO/BCE: BE 0702.989.286

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of CUTTING EDGE TECHNOLOGIES is 2.3% (moderate). The 2025 annual accounts show equity of €506,237 and a net result of €94,942, of which €93,654 non-recurring income. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 70% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 10-09-2018 Normal situation
Legal form
Private limited company
Registered office
Cellebroersstraat 37, 1000 Brussel
Activity
Cafés and bars NACE 56301and 1 other
Establishment units
2.279.210.582 1000 Brussel, since 10-09-2018
2.291.805.043 2000 Antwerpen, since 06-08-2019
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Who decides

Board
  • BLUE JAYDirector · since 20-11-2023 · permanent representative VANDENITTE Julien Luc Tewdwr Lloyd Etienne
  • FELIX AND ROMDirector · since 20-11-2023 · permanent representative FELIX Romain Philippe Guénolé

How it is doing

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
€791,764
▲ 19.6%
Turnover
≈ €1.9m
estimated
Profit
€94,942
Equity
€506,237
▲ 23.1%
Total assets
€1.0m
▼ 14.3%
Staff
20.4 FTE
▲ 94.3%
Staff (FTE) +94%: other schema2025 accounts filed 31 days late
Filed on 31-08-2026at the National Bank
Why 53raises riskLast filed accounts filed 31 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 1.76, cash €8,629, halvedlowers riskEquity €506,237 (50.2% of total assets)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 50% of its sector peers (NACE 56, small)
Financial strength · tick = 2024
Average
Solvency 75+15
equity 50.2% of total assets
Liquidity 28-3
short-term debt 46.8% · cash 0.9%
Profitability 53+12
return on assets 9.4%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 2.4% 12-2024: 1.9%▼ -0.5 percentage points vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.8%▼ -0.1 percentage points vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025lowest value 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 3.0%▲ +0.9 percentage points vs 07-2025 09-2025: 3.2%▲ +0.2 percentage points vs 08-2025 10-2025: 4.2%▲ +1.0 percentage point vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 4.8%▲ +0.6 percentage points vs 11-2025 01-2026: 4.9%▲ +0.1 percentage points vs 12-2025 02-2026: 4.9%● unchanged vs 01-2026 03-2026: 4.8%▼ -0.1 percentage points vs 02-2026 04-2026: 4.9%▲ +0.1 percentage points vs 03-2026 05-2026: 4.3%▼ -0.6 percentage points vs 04-2026 06-2026: 4.2%▼ -0.1 percentage points vs 05-2026 07-2026: 4.4%▲ +0.2 percentage points vs 06-2026 08-2026: 5.5%▲ +1.1 percentage points vs 07-2026highest value 09-2026: 2.5%▼ -3.0 percentage points vs 08-2026 10-2026: 2.3%▼ -0.2 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.76, compared with 1.45 in 2024, above the usual 1.5; short-term debt: 46.8% and cash: 0.9% of total assets), and 49.8% 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 56, small): better than 76% on solvency, 19% on liquidity, 31% on profitability and 75% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 1.76, cash €8,629, halved
NBB · annual accounts
lowers risk · Equity €506,237 (50.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
31 days late
2024
120 days late
2023
31 days late
2022
72 days late
2021
80 days late
2020
108 days late
2019
57 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 71 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% 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 11 October (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00504161.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-08-2026
Format
abbreviated format
Reference
2026-00504161
Turnover
≈ €1.9m
Estimated: probably between €1.7m and €2.4m
EBIT margin
Not included in this filing
Net result
€94,942
2024 · -€32,265
Working capital
€358,005▲ 15.9%
2024 · €308,871
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 137% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.09m 2025 Net result€0.09m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.09m▼ 15.5%€0.05m▼ 44.6%€0.1m▲ 188%€0.2m▲ 36.5%€0.04m▼ 79.6%€0.09m▲ 137%
Net result€0.08m-€0.07mabove the sector's middle half▼ 10.5%€0.04mabove the sector's middle half▼ 36.8%€0.1mabove the sector's middle half▲ 130%€0.1mabove the sector's middle half▲ 26.5%-€0.03mbelow the sector's middle half€0.09mabove the sector's middle half
Equity€0.1m-€0.2mabove the sector's middle half▲ 72.4%€0.2mabove the sector's middle half▲ 26.5%€0.3mabove the sector's middle half▲ 48.3%€0.4mabove the sector's middle half▲ 41.2%€0.4mabove the sector's middle half▼ 7.3%€0.5mabove the sector's middle half▲ 23.1%
Total assets€0.3m-€0.3mabove the sector's middle half▼ 14.8%€0.5mabove the sector's middle half▲ 70.5%€0.5mwithin the sector's middle half▲ 0.9%€1.6mabove the sector's middle half▲ 219%€1.2mabove the sector's middle half▼ 24.8%€1.0mabove the sector's middle half▼ 14.3%
Debt€0.2m-€0.1m▼ 50.4%€0.3m▲ 133%€0.2m▼ 35.6%€1.1m▲ 535%€0.8m▼ 31.7%€0.5m▼ 34.4%
Working capital-€0.01m--€0.03mwithin the sector's middle half▼ 91.7%€0.01mwithin the sector's middle half€0.1mabove the sector's middle half▲ 11×€0.4mabove the sector's middle half▲ 180%€0.3mabove the sector's middle half▼ 25.3%€0.4mabove the sector's middle half▲ 15.9%
Solvency29.0%-58.7%above the sector's middle half▲ 29.7pp43.6%within the sector's middle half▼ 15.1pp64.0%above the sector's middle half▲ 20.4pp28.3%within the sector's middle half▼ 35.7pp34.9%within the sector's middle half▲ 6.6pp50.2%within the sector's middle half▲ 15.2pp
Current ratio0.93-0.71within the sector's middle half▼ 0.221.05within the sector's middle half▲ 0.341.84above the sector's middle half▲ 0.791.41within the sector's middle half▼ 0.421.45within the sector's middle half▲ 0.031.76within the sector's middle half▲ 0.31
Return on assets (ROA)23.5%-24.6%above the sector's middle half▲ 1.2pp9.1%within the sector's middle half▼ 15.5pp20.8%above the sector's middle half▲ 11.7pp8.3%within the sector's middle half▼ 12.6pp-2.7%within the sector's middle half▼ 11.0pp9.4%within the sector's middle half▲ 12.1pp
Staff (FTE)4-7.5above the sector's middle half▲ 87.5%6.5▼ 13.3%10within the sector's middle half▲ 53.8%10.5within the sector's middle half▲ 5.0%10.5within the sector's middle half=20.4above the sector's middle half▲ 94.3%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2025 Staff (FTE) +94% on 2024. The accounts now follow the abbreviated format, last year the full format.
Staff figure corrected
  • 2024 Filed: 544,224.6; shown: 10.5 (source: social balance report). The filed figure means under EUR 100 of staff costs per FTE.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €178,779 ▲ 0.6%
Current assets €830,646 ▼ 16.9%
Equity and liabilities €1.0m
Equity €506,237 ▲ 23.1%
Debt €503,189 ▼ 34.4%
Debt's share of the balance-sheet total falls from 65.1% to 49.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€140,289▲
2024 · €81,758
Cash flow
€140,766▲
2024 · €9,680
Quick ratio
1.74▲
2024 · 1.44
Debt to equity
0.99▼
2024 · 1.86
ROE
18.8%▲
2024 · -7.8%
Interest coverage
2.74▼
2024 · 3.12
Debt ≤ 1 year
€472,641▼
2024 · €691,235
Debt > 1 year
€30,548▼
2024 · €75,302
Income taxes
€38,087▼
2024 · €50,000
Staff costs
€640,065▲
2024 · €544,225
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
96.7% still going

For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,782 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 · 58 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.0m▼
Fixed assets21/28€0.2m€0.2m▲
Tangible fixed assets22/27€0.2m€0.2m▲
Plant, machinery and equipment23€0.07m€0.05m▼
Furniture and vehicles24€0.02m€0.01m▼
Other tangible fixed assets26€0.06m€0.09m▲
Financial fixed assets28€0.02m€0.02m=
Current assets29/58€1.0m€0.8m▼
Amounts receivable after more than one year29€0.07m€0.07m=
Other amounts receivable291€0.07m€0.07m=
Stocks and contracts in progress3€0.003m€0.007m▲
Stocks30/36€0.003m€0.007m▲
Amounts receivable within one year40/41€0.8m€0.7m▼
Trade receivables40€0.4m€0.3m▼
Other amounts receivable41€0.4m€0.5m▲
Cash at bank and in hand54/58€0.1m€0.009m▼
Deferred charges and accrued income490/1€329€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.0m▼
Equity10/15€0.4m€0.5m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.4m€0.4m=
Non-distributable reserves130/1€0.004m€0.004m=
Reserves not available under the articles1311€0.004m€0.004m=
Distributable reserves133€0.4m€0.4m=
Profit (loss) carried forward14-€0.03m€0.06m▲
Amounts payable17/49€0.8m€0.5m▼
Amounts payable after more than one year17€0.08m€0.03m▼
Financial debts170/4€0.08m€0.03m▼
Amounts payable within one year42/48€0.7m€0.5m▼
Current portion of amounts payable after more than one year42€0.05m€0.05m▼
Financial debts43€0.05m€0.05m=
Credit institutions430/8€0.05m€0.05m=
Trade debts44€0.3m€0.2m▼
Suppliers440/4€0.3m€0.2m▼
Advances received on contracts in progress46€0.03m€0.02m▼
Taxes, remuneration and social security45€0.1m€0.06m▼
Taxes450/3€0.02m€0.02m▲
Remuneration and social security454/9€0.1m€0.04m▼
Other amounts payable47/48€0.1m€0.1m▲
Income statement Code20242025
Non-recurring operating income76A-€0.004m
Remuneration, social security and pensions62€0.5m€0.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.05m▲
Other operating charges640/8€0.004m€0.009m▲
Non-recurring operating charges66A€0.03m€0.002m▼
Gross operating margin9900€0.7m€0.8m▲
Operating profit (loss)9901€0.04m€0.09m▲
Financial income75/76B€0.004m€0.09m▲
Recurring financial income75€0.004m€260▼
Non-recurring financial income76B-€0.09m
Financial charges65/66B€0.03m€0.05m▲
Recurring financial charges65€0.03m€0.05m▲
Profit (loss) for the period before taxes9903€0.02m€0.1m▲
Income taxes67/77€0.05m€0.04m▼
Profit (loss) for the period9904-€0.03m€0.09m▲
Profit (loss) for the period to be appropriated9905-€0.03m€0.09m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.03m€0.06m▲
Profit (loss) brought forward from the previous period14P€0-€0.03m▼
Social balance sheet
Average headcount (FTE)908710.520.4▲

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€4,208-
Remuneration, social security and pensions62--€119,051€332,974€377,320€544,225€640,065▲ 17.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,981€16,238€27,514€32,572€34,696€41,945€45,824▲ 9.2%
Other operating charges640/8--€3,208€3,240€3,177€4,178€9,288▲ 122%
Non-recurring operating charges66A-----€31,653€2,122▼ 93.3%
Gross operating margin9900€260,973€228,031€199,344€511,557€610,087€661,813€791,764▲ 19.6%
Operating profit (loss)9901€106,006€89,541€49,570€142,773€194,895€39,813€94,465▲ 137%
Financial income75/76B--€443€2,163€4,726€4,116€89,706▲ 22×
Recurring financial income75€38€190€443€2,163€4,726€4,116€260▼ 93.7%
Non-recurring financial income76B------€89,446-
Financial charges65/66B--€5,516€13,798€18,805€26,194€51,142▲ 95.2%
Recurring financial charges65€12,253€9,154€5,516€13,798€18,805€26,194€51,142▲ 95.2%
Profit (loss) for the period before taxes9903€93,791€80,577€44,496€131,138€180,816€17,735€133,029▲ 650%
Income taxes67/77€15,244€10,287€50€28,856€51,421€50,000€38,087▼ 23.8%
Profit (loss) for the period9904€78,547€70,290€44,446€102,282€129,395-€32,265€94,942-
Profit (loss) for the period to be appropriated9905€78,547€70,290€44,446€102,282€129,395-€32,265€94,942-
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.3m€0.3m€0.5m€0.5m€1.6m€1.2m€1.0m▼ 14.3%
Fixed assets21/28€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 0.6%
Tangible fixed assets22/27€0.1m€0.2m€0.2m€0.1m€0.1m€0.2m€0.2m▲ 0.7%
Plant, machinery and equipment23--€0.1m€0.1m€0.09m€0.07m€0.05m▼ 30.2%
Furniture and vehicles24--€0.04m€0.03m€0.02m€0.02m€0.01m▼ 47.5%
Other tangible fixed assets26---€0.004m€0.02m€0.06m€0.09m▲ 55.5%
Financial fixed assets28€0.02m€0.05m€0.05m€0.02m€0.02m€0.02m€0.02m=
Current assets29/58€0.2m€0.07m€0.3m€0.3m€1.4m€1.0m€0.8m▼ 16.9%
Amounts receivable after more than one year29--€0.06m€0.07m€0.07m€0.07m€0.07m=
Other amounts receivable291--€0.06m€0.07m€0.07m€0.07m€0.07m=
Stocks and contracts in progress3€0.004m€0.006m€0.008m€0.02m€0.02m€0.003m€0.007m▲ 114%
Stocks30/36--€0.008m€0.02m€0.02m€0.003m€0.007m▲ 114%
Amounts receivable within one year40/41€0.01m€0.02m€0.06m€0.2m€1.1m€0.8m€0.7m▼ 9.1%
Trade receivables40--€0.04m€0.1m€0.7m€0.4m€0.3m▼ 38.5%
Other amounts receivable41--€0.03m€0.07m€0.4m€0.4m€0.5m▲ 21.4%
Cash at bank and in hand54/58€0.2m€0.04m€0.1m€0.06m€0.2m€0.1m€0.009m▼ 92.1%
Deferred charges and accrued income490/1---€392€464€329€0.003m▲ 719%
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.3m€0.5m€0.5m€1.6m€1.2m€1.0m▼ 14.3%
Equity10/15€0.1m€0.2m€0.2m€0.3m€0.4m€0.4m€0.5m▲ 23.1%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.004m€0.004m€0.004m€0.004m€0.4m€0.4m€0.4m=
Non-distributable reserves130/1--€0.004m€0.004m€0.004m€0.004m€0.004m=
Reserves not available under the articles1311--€0.004m€0.004m€0.004m€0.004m€0.004m=
Distributable reserves133----€0.4m€0.4m€0.4m=
Profit (loss) carried forward14€0.07m€0.1m€0.2m€0.3m--€0.03m€0.06m-
Amounts payable17/49€0.2m€0.1m€0.3m€0.2m€1.1m€0.8m€0.5m▼ 34.4%
Amounts payable after more than one year17€0.04m€0.02m€0.009m€0.001m€0.1m€0.08m€0.03m▼ 59.4%
Financial debts170/4--€0.009m€0.001m€0.1m€0.08m€0.03m▼ 59.4%
Amounts payable within one year42/48€0.2m€0.09m€0.3m€0.2m€1.0m€0.7m€0.5m▼ 31.6%
Current portion of amounts payable after more than one year42--€0.01m€0.009m€0.05m€0.05m€0.05m▼ 1.0%
Financial debts43-----€0.05m€0.05m=
Credit institutions430/8-----€0.05m€0.05m=
Trade debts44€0.1m€0.02m€0.2m€0.004m€0.6m€0.3m€0.2m▼ 45.0%
Suppliers440/4--€0.2m€0.004m€0.6m€0.3m€0.2m▼ 45.0%
Advances received on contracts in progress46-----€0.03m€0.02m▼ 20.7%
Taxes, remuneration and social security45--€0.03m€0.1m€0.2m€0.1m€0.06m▼ 53.3%
Taxes450/3--€0.02m€0.05m€0.09m€0.02m€0.02m▲ 23.7%
Remuneration and social security454/9--€0.01m€0.06m€0.09m€0.1m€0.04m▼ 66.4%
Other amounts payable47/48--€0.06m€0.06m€0.1m€0.1m€0.1m▲ 8.3%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€78,547€70,290€44,446€102,282€129,395-€32,265€94,942-
+ Depreciation and write-downs630€15,981€16,238€27,514€32,572€34,696€41,945€45,824▲ 9.2%
Operating cash flow (approximation)€94,527€86,528€71,961€134,853€164,090€9,680€140,766▲ 15×
Investment in fixed assets (approximation)--€85,086-€16,531€7,798-€22,629-€64,378-€46,877▲ 27.2%
Change in cash--€127,303€111,539-€85,949€152,396-€104,774-€101,162▲ 3.4%

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

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00504161 NBB
31-12-2024 full format 28-11-2025 2025-00577063 PDF
31-12-2023 full format 31-08-2024 2024-00445700 PDF
31-12-2022 full format 11-10-2023 2023-00485169 PDF
31-12-2021 micro format 19-10-2022 2022-20469497 PDF
31-12-2020 micro format 16-11-2021 2021-77900389 PDF
31-12-2019 micro format 26-09-2020 2020-56400040 PDF

Similar companies · same sector, comparable size

Of the 13,715 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 5,122. 2,013 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2024

Board 2

BLUE JAY
Director (not named in the articles) · since 20-11-2023 · Private limited company · permanent representative: VANDENITTE Julien Luc Tewdwr Lloyd Etienne · in the 2025 annual accounts, filed on 31-08-2026
Current
FELIX AND ROM
Director (not named in the articles) · since 20-11-2023 · Private limited company · permanent representative: FELIX Romain Philippe Guénolé · in the 2025 annual accounts, filed on 31-08-2026
Current

Permanent representatives 2

FELIX Romain Philippe Guénolé
Permanent representative · appointed in the act of 02-02-2024 · for FELIX AND ROM
Current
VANDENITTE Julien Luc Tewdwr Lloyd Etienne
Permanent representative · appointed in the act of 02-02-2024 · for BLUE JAY
Current

Mandate history

4 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BLUE JAY
  • Director (not named in the articles), from 20-11-2023 to date
FELIX AND ROM
  • Director (not named in the articles), from 20-11-2023 to date
FÉLIX Romain Philippe Guénolé
  • Manager, until 02-02-2024
VANDENITTE Julien Luc Tewdwr Lloyd Etienne
  • Manager, until 02-02-2024
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non”
“Rémunération des administrateurs, l'assemblée générale décide si le mandat est exercé gratuitement”

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“La société peut être dissoute en tout temps, par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications…”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“En cas de dissolution de la société, pour quelque cause et à quelque moment que ce soit, le ou les administrateurs en fonction sont désignés…”

Articles of association, deed of 02-02-2024

Owners and capital

Capital and shareholders

Capital over the years
  1. 02-02-2024 Converted to unavailable equity · €18,600
  2. 02-02-2024 Converted to unavailable equity · €3,927

Shares according to the articles of association

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Les cessions n’ont d’effet vis-à-vis de la société et des tiers qu’à dater de leur inscription dans le registre des actions. Des certificats…”
“Sauf disposition spéciale contraire dans les présents statuts, ou dans le testament ou la convention qui a créé l’usufruit, en cas de…”
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
“L’organe d’administration peut en outre, après un second avis recommandé resté sans résultat pendant un mois, convoquer l’assemblée générale…”
“L’ouverture de la souscription avec droit de préférence ainsi que son délai d’exercice sont fixés par l’ organe qui procède à l’émission et…”

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.

Other provision: “L'organe d'administration détermine s'ils agissent seul ou conjointement, gestion journalière”
Other provision: “Convocations aux assemblées générales, e-mails envoyés quinze jours au moins avant l'assemblée”
Other provision: “Assemblées générales électroniques, les actionnaires qui participent de cette manière sont réputés présents à l'endroit où se tient…”
Other provision: “Election of domicile, Pour l'exécution des statuts, tout actionnaire, administrateur, commissaire, liquidateur ou porteur d’obligations…”
17 more provisions in the deed, see the deed of 02-02-2024

Articles of association, deed of 02-02-2024 (in French)

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

CUTTING EDGE TECHNOLOGIES was incorporated on 10 September 2018.1 Total assets rose from €334,698 in 2019 to €1.0m in 2025 and headcount from 4 to 20.4 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format · 31 days late
2025
31-12
Financial Back to profitnet €94,942
Net result €94,942 after one loss-making year.
31-12
Financial Equity above €500,000equity €506,237 ▲23.1%
Equity rises from €411,295 to €506,237.
28-11
NBB filing Annual accounts filedPDF
financial year 2024 · full format · 120 days late
2024
31-12
Financial Weakest financial yearnet -€32,265
Net result drops to -€32,265, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filedPDF
financial year 2023 · full format · 31 days late
02-02
Gazette deed Resignations: VANDENITTE Julien Luc Tewdwr Lloyd Etienne (manager) and FELIX Romain Philippe Guénolé (manager)
Appointments: BLUE JAY (director) and FELIX AND ROM (director) · Permanent representatives: VANDENITTE Julien Luc Tewdwr Lloyd Etienne and FELIX Romain Philippe Guénolé · Legal-form conversion14 facts ▸
  • General meeting, 20-11-2023
  • Legal-form conversion, “Société à responsabilité limitée (SRL)” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French) (2 times)
  • Reserve release, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
  • Amendment of the articles (2 times)
  • Capital
  • Director resignation, VANDENITTE Julien Luc Tewdwr Lloyd Etienne (manager)
  • Director resignation, FELIX Romain Philippe Guénolé (manager)
  • Director appointment, BLUE JAY (director (not named in the articles))
  • Permanent representative, VANDENITTE Julien Luc Tewdwr Lloyd Etienne
  • Director appointment, FELIX AND ROM (director (not named in the articles))
  • Permanent representative, FELIX Romain Philippe Guénolé
  • +2 further facts in this act

Open the act in the Belgian Official Gazette

2023
31-12
Financial Highest result from 2019 to 2025net €129,395 ▲26.5%
Operating result €194,895, net result €129,395, both a record.
11-10
NBB filing Annual accounts filedPDF
financial year 2022 · full format · 72 days late
2022
19-10
NBB filing Annual accounts filedPDF
financial year 2021 · micro format · 80 days late
2021
31-12
Financial Equity above €200,000equity €211,883 ▲26.5%
A profit in every financial year since 2019 builds equity to €211,883.
16-11
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 108 days late
2020
31-12
Financial Equity above €150,000equity €167,437 ▲72.4%
A profit in every financial year since 2019 builds equity to €167,437.
26-09
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 57 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name CUTTING EDGE TECHNOLOGIES in French
Enterprise number 0702.989.286
Legal form Private limited company
Status Active, normale toestand
Founded 10-09-2018
Type Legal entity

Where it is based

Registered office Cellebroersstraat 37, 1000 Brussel, Belgium
Establishments 2 establishment units since 2018

What it does

NACEBEL 2025
56301 Cafés and bars main activity
93299 Other amusement and recreation activities main activity

Invoicing and payment

VAT number BE 0702.989.286
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0702989286
Registered 20-11-2020

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

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’exploitation de domaines récréatifs, parcs d’attraction et aquatiques; L’organisation des évènements sportifs, culturels, musicaux…”
64 activities
  1. L’exploitation de domaines récréatifs, parcs d’attraction et aquatiques
  2. L’organisation des évènements sportifs, culturels, musicaux, concerts
  3. Toutes les activités du secteur Horeca, tels que l’exploitation d’hôtels, de restaurants, pizzeria, snackbars, friterie, de cafés, de bars, de brasseries, de tavernes, de bed & Breakfast, de chambres d’hôtes, buffets, de salons de consommation, de salle de spectacle et discothèques, location de places
  4. Tous services de traiteur et de service livraison à domicile
  5. Consommation sur place ou à emporter
  6. L’import et l’export, le commerce de produits alimentaires et de boissons quelles qu'elles soient (eaux, limonades, bières, vins, liqueurs, spiritueux et alcools quels qu'ils soient)
  7. L’organisation d’événements (musique, culture, son, vidéos, images)
  8. La location de salles
  9. Toutes les activités liées aux jeux de casino, jeux divers, bingo, paris, tiercé etc
  10. Toutes les activités qui ont un rapport direct ou indirect avec le domaine de la publicité (service, design, photographie et autres)
  11. Toutes les activités qui ont un rapport direct ou indirect avec l’architecture d’intérieur ou la menuiserie
  12. Toutes les activités qui ont un rapport direct ou indirect avec la consultance, le management, le coaching et le teambuilding
  13. L’import, l’export, l’achat, la vente, en gros et/ou au détail, le commerce de : tous produits alimentaires tels que fruits, légumes, produits de la mer, poissons, boucherie, charcuterie, volaille, gibier, conserves de viandes fraîche ou surgelée, toutes conserves alimentaires boulangerie, pâtisserie, produits laitiers, plats préparés, potages, article ménagers
  14. La vente de pistolets, baguettes, sandwichs et autres pains garnis ainsi que de boissons (eaux minérales, limonades, jus de fruits, bières et vin, boissons chaudes, potages)
  15. Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large
  16. Tous produits de l'artisanat en général, tapisseries y compris les articles du tiers-monde
  17. Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage ainsi que savons et détergents, tous produits de droguerie
  18. Tous les articles d'horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières
  19. Tous livres, librairies, antiquités, brocantes, objets de décoration, machines industrielles
  20. Tous bijoux, orfèvrerie, bijoux de fantaisie
  21. Tous appareils électroménagers, tous films de bandes magnétiques, DVD, cassettes, tous articles imprimés ou enregistrés permettant leur lecture vision ou audition, livres
  22. Tous articles cadeaux
  23. Matériel de bureau et d’'informatique, téléphones, gsm, fax
  24. De tous types d’articles
  25. La vente, le commerce via des points fixes et/ou marchés et/ou commerces ambulants et/ou livraisons à domicile
  26. L’exploitation de garages, d’atelier d’entretien et de réparation de véhicules à moteur ou mécanisés, de même que l’exploitation de magasins de pièces de rechanges, d’outils et d’accessoires pour ces mêmes véhicules
  27. La remise en état de pièces automobiles
  28. L’importation, l’exportation, la location, la vente, l’achat, le commerce de voiture, moto, véhicules compétition, véhicules traditionnels, de voiture de course, tous véhicules, à l’état neuf ou d’occasion, ainsi que toutes pièces détachées et accessoires relatifs au secteur automobile au sens plus large
  29. Exercer l’activité de transports rémunère de personnes ou de location de véhicule avec chauffeur, d’ une société de taxis
  30. Exercer l’activité de transport routier de fret de tous biens mobiliers et marchandises
  31. Exercer l’activité de courrier express, transport national et international des marchandises et de personnes pour autrui et compte propre
  32. Le dépannage et le remorquage de véhicules
  33. L’importation, l’exportation, la vente, l’achat, le commerce de matériaux de construction, matériel électrique et électronique, sanitaire et de plomberie
  34. L'exploitation de : atelier de confection et de vente de vêtements, chapeaux, traditionnels et artisanaux, maroquinerie
  35. L'exploitation de : atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires
  36. L'exploitation de : librairie
  37. L'exploitation de : messagerie, les services de fax, de cabines téléphoniques et de photocopies, night-shop, de laboratoire de développements photos, d'atelier de tournage, d'affûtage et de rectification de pièces mécaniques
  38. L'exploitation de : d'une société de taxis (taxis, minibus, limousine), transport de personnes, courrier et colis express, Car-Wash, station-service (tous carburants tels que mazout, diesel, gaz….), garage avec atelier de réparation, entretien et dépannage
  39. Toutes activités relatives à : l’entreprise générale de bâtiment, peinture, maçonnerie, électricité, toiture, plomberie
  40. Toutes activités relatives à : le nettoyage, la désinfection, la désinsectisation, la fumigation, l'entretien d'immeubles et de bureaux
  41. Toutes activités relatives à : le nettoyage de bâtiments de tous types : bureaux, usines, ateliers, locaux d’institution, et autres locaux à usage commercial ou professionnel, immeubles à appartements, etc…
  42. Toutes activités relatives à : le nettoyage de vitres, de tous types de toiles, de stores de terrasses, de parasols
  43. Toutes activités relatives à : la fourniture de tous services ou prestations au profit de toutes clientèles privées ou commerciales
  44. Toutes activités relatives à : de petits travaux de bureau, secrétariat, traduction, services intérimaires, sous-traitance
  45. Toutes activités relatives à : le transport routier de marchandises y compris les véhicules de toutes sortes, motos, vélos etc …
  46. Toutes activités relatives à : le transport en général
  47. Toutes activités relatives à : tout type de transport terrestre, de personnes et de choses, tels que services de messagerie, transport spécialisé et autres
  48. Toutes activités relatives à : transport poids légers et lourds de toutes marchandises par route et/ou par mer
  49. Toutes activités relatives à : transport aérien
  50. La consultance en informatique
  51. Le développement et installation de logiciels spécifiques et standards
  52. La maintenance de parcs informatiques
  53. L’achat et la vente de matériel neuf et d’occasion, l’achat et la vente de softwares
  54. L’importation et l’exportation, la réparation, le montage d’ordinateurs, l’installation et la gestion de réseaux informatiques, e-commerce ainsi que toutes les opérations qui touchent de près ou de loin aux nouvelles technologies
  55. L’importation, l’exportation et l’intermédiaire commercial de tous produits et de tous marchandises
  56. La gestion de sites web commerciales et le e-commerce
  57. Le conseil en gestion, aidant ses clients à définir et mettre en oeuvre des stratégies de marketing, de vente et de relations client
  58. La mise en relation de sociétés demandeuses de produits promotionnels avec des fournisseurs
  59. Le développement de solutions web innovantes ainsi que toutes activités en relation avec l’informatique et notamment la conception, la réalisation, la commercialisation et le développement de logiciels et programmes informatiques
  60. Toutes activités en rapport avec le e-business, le développement et la gestion de portail de l’ecommerce au niveau national ou international
  61. Toutes activités de conseil, d’analyse, d’étude, de recherche, de gestion, de coordination, de mise en oeuvre, de suivi, et de manière générale de services dans les domaines du commerce, de la vente, de la communication, du marketing, de l’informatique, de la technologie, de la gestion d’entreprise, le tout au sens le plus large
  62. Toutes activités et opérations relatives à la recherche et au développement, à la production, la création, l’achat et la vente, la valorisation, l’exportation et l’importation, la mise à disposition ou la prise en location, la représentation, de tous biens, matériels ou immatériels, et la prestation de tous services généralement quelconques relevant du commerce et de l’industrie en général, en ce comprises l’organisation administrative, la gestion financière, la structure technique ou la politique de toutes entreprises
  63. Toutes activités de conception, de production, de développement, de gestion, de publication, de commerce et d’exploitation commerciale dans le domaine de la technologie, de l’Internet et du commerce électronique, le tout au sens le plus large
  64. Toutes activités liées au commerce en général, tant en gros qu'au détail, en ce compris notamment l'achat, la vente, l'importation, l'exportation, la fabrication, l’entretien, la réparation, la location, la représentation, la gestion de produits technologiques, promotionnels ou informatiques ainsi que la consultance et la prestation de tous services en relation directe ou indirecte avec les activités prédécrites; Elle pourra également dans le cadre de cet objet exercer toutes activités de relations publiques et de prospection de clientèle. D'une manière générale, elle peut accomplir toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières, ou immobilières, se rapportant directement ou indirectement à son objet. Cette énumération est énonciative et non limitative

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, par simple décision de l’organe d’administration en tout endroit de la Région de Bruxelles-Capitale ou de la…”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Thursday of June at 14:00

Articles of association, deed of 02-02-2024 (in French)

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Antwerpenunit no. 2.291.805.043
1 permission
Drankgelegenheid · since 23-08-2019
Brusselunit no. 2.279.210.582
1 permission
Authorisation · Eetgelegenheid · since 31-01-2023

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment All 2 establishment units on the map
7 companies at this address See who is registered here
2 establishment units
Cellebroersstraat 37, 1000 Brussel
Cafés and bars
since 2018unit no. 2.279.210.582
WoodCutter Antwerp
Plantinkaai 1, 2000 AntwerpenCafés and bars
since 2019unit no. 2.291.805.043

Buildings and parcels at the addresses

Ground area
2,980 m²
Building footprint
1,562 m²
Building volume
39,817 m³
2 parcels, Brussels, Flanders · tallest building 34.2 m.
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21809K2026/00D000 Brussels 2,260 m² 1 · 842 m² 34.2 m · 10
11804D3418/00B000 Flanders 721 m² 1 · 720 m² 26.5 m · 7