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LE CEPAGE

Active
Private limited company (pre-2019)founded 2004active for 22 yearsKBO/BCE: BE 0862.621.790
Summary

The computed 12-month bankruptcy probability of LE CEPAGE is 6.4% (elevated). The 2024 annual accounts show negative equity (-€45,550) and a net result of €40,021, of which €47,886 non-recurring income. Equity has been stable since 2018 (±0.8% per year). Its solvency ranks better than 11% of 15,437 sector peers (NACE 46, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 10-01-2004 Normal situation
Legal form
Private limited company (pre-2019)
Activity
Wholesale of wines and spirits NACE 46341and 1 other
Establishment unit
2.135.768.368 since 13-01-2004
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • PISERA TeresaDirector

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.4%
Annual accounts 2024
Gross margin
€44,490
Turnover
≈ €350,000
estimated
Profit
€40,021
Equity
-€45,550
▲ 46.8%
Total assets
€72,750
▼ 42.3%
  • €211 of overdue tax debts on 31-12-2024
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 30-10-2025)Liquidity: current ratio 0.61, cash €75, halvedEx-officio strike-off in the KBOlowers riskFounded in 2004Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 48% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Weak
Solvency 0=
equity -62.6% of total assets
Liquidity 0-1
short-term debt 162.6% · cash 0.1%
Profitability 100+74
return on assets 55.0%
Bankruptcy probability within 12 months
6.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.5%▼ -0.1 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025lowest value 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.6 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025 10-2025: 2.8%▲ +0.4 percentage points vs 09-2025 11-2025: 1.9%▼ -0.9 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.8%▼ -0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.8 percentage points vs 07-2026 09-2026: 2.8%▲ +0.2 percentage points vs 08-2026 10-2026: 6.4%▲ +3.6 percentage points vs 09-2026highest value 11-2026: 6.4%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.61 (0.6 in 2023), below 1. Short-term debt is 162.6% and cash 0.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 6% of them on solvency, 2% on liquidity, 95% on profitability and 87% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 30-10-2025)
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.61, cash €75, halved
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 15437 sector peers (2024).
NBB · sector comparison
Position among 15437 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 83 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
83 days late
2023
70 days late
2022
95 days late
2021
78 days late
2020
122 days late
2019
138 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 98 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€45,550 View
  • Caution: Less equity than 90% of companies in wholesale tradesector median €56,414 · 15,472 companies -€45,550 View

Recent changes

  1. · KBO administration Address struckeffective 06-09-2026
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as LE CEPAGE: wholesale of wines and spirits (NACE 46341). They are comparable in size and age: total assets between €70,400 and €119,000, founded between 2000 and 2011.

CompanyTotal assetsGross margin
LE CEPAGE€72,750€44,490
IBUS Ostend€79,630€35,744
TE LANDE Izegem€99,846€69,377
TACT Holsbeek€118,633€43,263
PYVO Oudenaarde€114,665€28,077
Champstore Tienen€70,418€26,780
VINO SANTI Aartselaar€100,475€78,292
Full comparison

Key facts about LE CEPAGE

What is the company number of LE CEPAGE?
The company number of LE CEPAGE is 0862.621.790. The VAT number is the same number with BE in front: BE 0862.621.790.
What does LE CEPAGE do?
According to the KBO register, the main activity is wholesale of wines and spirits (NACE 46341).
What is the legal form of LE CEPAGE?
LE CEPAGE is a private limited company (pre-2019) (BVBA).
When was LE CEPAGE founded?
LE CEPAGE was founded on 10-01-2004.
Is LE CEPAGE still active?
Yes, LE CEPAGE is an active enterprise in the KBO register.Company details
What is the turnover of LE CEPAGE?
The turnover in financial year 2024 is ≈ €350,000. This figure is estimated from the gross margin of €44,490 and 35 comparable companies (NACE 463). It probably lies between €170,000 and €750,000.Financials
Is LE CEPAGE profitable?
In financial year 2024, LE CEPAGE made a profit of €40,021.
Where can I find the annual accounts of LE CEPAGE?
LE CEPAGE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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