IMMO CEDEP
ActiveSummary
IMMO CEDEP has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,461 and a net result of -€17,002. Equity is growing by ~2.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 27 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)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
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%.
| 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 5,836 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €28,240 | €19,593 | ▼ 30.6% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €5,612 | €15,051 | ▲ 168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,920 | €7,865 | €7,865 | €7,973 | €8,226 | ▲ 3.2% |
| Other operating charges640/8 | €5,785 | €5,859 | €6,345 | €387 | €13,029 | ▲ 3,264% |
| Gross operating margin9900 | €14,560 | €20,762 | €9,592 | €22,628 | €4,541 | ▼ 79.9% |
| Operating profit (loss)9901 | €2,855 | €7,038 | -€4,619 | €14,268 | -€16,714 | ▼ 217% |
| Financial charges65/66B | €928 | €702 | €553 | €406 | €288 | ▼ 29.1% |
| Recurring financial charges65 | €928 | €702 | €553 | €406 | €288 | ▼ 29.1% |
| Profit (loss) for the period before taxes9903 | €1,926 | €6,336 | -€5,172 | €13,861 | -€17,002 | ▼ 223% |
| Income taxes67/77 | -€108 | -€22 | - | €2,368 | - | - |
| Profit (loss) for the period9904 | €2,034 | €6,358 | -€5,172 | €11,493 | -€17,002 | ▼ 248% |
| Profit (loss) for the period to be appropriated9905 | €2,034 | €6,358 | -€5,172 | €11,493 | -€17,002 | ▼ 248% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,295 | €171,450 | €172,226 | €162,859 | €144,376 | ▼ 11.3% |
| Fixed assets21/28 | €149,493 | €141,628 | €133,763 | €127,052 | €118,826 | ▼ 6.5% |
| Tangible fixed assets22/27 | €149,493 | €141,628 | €133,763 | €127,052 | €118,826 | ▼ 6.5% |
| Land and buildings22 | €149,493 | €141,628 | €133,763 | €127,052 | €118,826 | ▼ 6.5% |
| Current assets29/58 | €21,802 | €29,822 | €38,463 | €35,807 | €25,550 | ▼ 28.6% |
| Amounts receivable within one year40/41 | €1,068 | €3,555 | €8,928 | €20,581 | €7,838 | ▼ 61.9% |
| Trade receivables40 | €168 | €2,655 | €8,265 | €19,918 | €7,206 | ▼ 63.8% |
| Other amounts receivable41 | €900 | €900 | €663 | €663 | €633 | ▼ 4.6% |
| Cash at bank and in hand54/58 | €15,471 | €23,692 | €26,663 | €15,226 | €14,651 | ▼ 3.8% |
| Deferred charges and accrued income490/1 | €5,263 | €2,575 | €2,872 | €0 | €3,062 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,295 | €171,450 | €172,226 | €162,859 | €144,376 | ▼ 11.3% |
| Equity10/15 | €136,784 | €143,141 | €137,970 | €149,463 | €132,461 | ▼ 11.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €116,324 | €122,681 | €117,510 | €129,003 | €112,001 | ▼ 13.2% |
| Amounts payable17/49 | €34,511 | €28,308 | €34,256 | €13,396 | €11,916 | ▼ 11.0% |
| Amounts payable after more than one year17 | €26,437 | €18,478 | €18,478 | €2,093 | - | - |
| Financial debts170/4 | €26,437 | €18,478 | €18,478 | €2,093 | - | - |
| Amounts payable within one year42/48 | €7,976 | €9,830 | €15,778 | €11,303 | €11,916 | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | €7,808 | €7,959 | €663 | €8,935 | €2,093 | ▼ 76.6% |
| Trade debts44 | €168 | €1,871 | €15,115 | €0 | €7,455 | - |
| Suppliers440/4 | €168 | €1,871 | €15,115 | €0 | €7,455 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,368 | €2,368 | = |
| Taxes450/3 | - | - | - | €2,368 | €2,368 | = |
| Accrued charges and deferred income492/3 | €99 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,034 | €6,358 | -€5,172 | €11,493 | -€17,002 | ▼ 248% |
| + Depreciation and write-downs630 | €5,920 | €7,865 | €7,865 | €7,973 | €8,226 | ▲ 3.2% |
| Operating cash flow (approximation) | €7,954 | €14,223 | €2,693 | €19,467 | -€8,776 | ▼ 145% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,263 | €0 | ▲ 100% |
| Change in cash | - | €8,222 | €2,970 | -€11,436 | -€576 | ▲ 95.0% |
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
11-09
State Gazette act
Resignation: Joseph Dessart (administrateur gerant)Appointment: SA WUIDAR STEPHANE (administrateur delegue) · Permanent representative: Stephane Wuidar · Share transfer9 facts ▸
- Share transfer, Joseph Dessart → SA FERLAM
- Share transfer, Jean-Michel Chevrier → SA FERLAM
- Share transfer, Ghislaine Faucqueur → SA FERLAM
- Shareholding, SA FERLAM
- Registered-office move, Rue d' Argenteau, 15 a 4681 Hermalle-sous-Argenteau
- Director resignation, Joseph Dessart (administrateur gerant)
- Director appointment, SA WUIDAR STEPHANE (administrateur delegue)
- Permanent representative, Stephane Wuidar (representant permanent)
- Power of attorney, Stephane Wuidar
Show earlier events
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62044E0075/00D000 | Wallonia | 2,548 m² | 1 · 151 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| WUIDAR STEPHANE |
|
| Joseph Dessart |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- SA FERLAM all shares
- Joseph Dessart to SA FERLAM 200 shares
- Jean-Michel Chevrier to SA FERLAM 100 shares
- Ghislaine Faucqueur to SA FERLAM 100 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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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.