Checked.be
Active
BE 0671.666.897Private limited companyOpen bankruptcy
Cedacc
Rue Grande 103/105 ·5500 Dinant, Belgium· 9 yrs active
Conclusion
A bankruptcy procedure is open for Cedacc according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €164k and a net result of €-1.53M.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €164k |
| Net result | €-1.53M |
| Active | 9 yrs |
| Publications | 1 |
Snowflake analysis
7
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
0
Solvency
2
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2019 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-06-2021 with the NBB · fiscal year 2019 · micro
€-17k
-99.4%
18-19
€-1.53M
-17815.9%
18-19
€-1.53M
-17838.5%
18-19
€5.09M
-29.0%
18-19
€164k
-90.3%
18-19
€-630k
+45.7%
18-19
€4.93M
-10.2%
18-19
€647k
-44.5%
18-19
€4.28M
-1.0%
18-19
0.03
+314.8%
18-19
0.00
-43.5%
18-19
3.2%
-86.3%
18-19
26.08
+917.0%
18-19
-932.3%
-183912.3%
18-19
-30.1%
-25148.3%
18-19
Figures by fiscal year
| Fiscal year | 2019 |
|---|---|
| Revenue | - |
| EBITDA | €-17k |
| Net profit | €-1.53M |
| Cash flow | €-1.53M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5.09M |
| Equity | €164k |
| Debt | €4.93M |
| of which ≤ 1y | €647k |
| of which > 1y | €4.28M |
| Working capital | €-630k |
| Employees (FTE) | - |
Ratios (computed)
| 2019 | |
|---|---|
| Current ratio | 0.03 |
| Quick ratio | 0.00 |
| Working capital ratio | -12.4% |
| Solvency | 3.2% |
| Debt / equity | 26.08 |
| Long-term debt ratio | 26.08 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -30.1% |
| ROE | -932.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.09M |
| Fixed assets | 21/28 | €5.08M |
| Formation expenses | 20 | €115 |
| Financial fixed assets | 28 | €5.08M |
| Current assets | 29/58 | €17k |
| Stocks & contracts in progress | 3 | €15k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.09M |
| Equity | 10/15 | €164k |
| Contributions / capital | 10/11 | €1.70M |
| Accumulated profits (losses) | 14 | €-1.53M |
| Amounts payable | 17/49 | €4.93M |
| Amounts payable after one year | 17 | €4.28M |
| Amounts payable within one year | 42/48 | €647k |
| Trade debts payable within one year | 44 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €-12k |
| Operating result | 9901 | €-17k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €90 |
| Result before taxes | 9903 | €-1.52M |
| Net result for the period | 9904 | €-1.52M |
| Result to be appropriated | 9905 | €-1.52M |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | OLIVIER VALANGE RUE NICOLAS HAUZEUR, 8,
5590 CINEY |
01-12-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 20-02-2017 |
| Status | Active |
| Postal code | 5500 |
| First BS signal | 20-12-2022 |
| Latest BS signal | 20-12-2022 |
Company structure, linked entities
Mandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91034G0295/00M000 | Wallonia | 102 m² | 1 · 82 m² | 16.5 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
20-12-2022
Bankruptcy
Opening
2021
02-06-2021
NBB filing
Annual accounts filed
2019
26-08-2019
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
20-12-2022
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Names & trade names
| Legal nameFR | Cedacc |
| AbbreviationFR | M&M |
Registered office
Rue Grande 103/105
5500 Dinant, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.