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CEM & EFE

Active
Private limited companyfounded 2012active for 14 yearsDaillylaan 60, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0842.831.713
Summary

The computed 12-month bankruptcy probability of CEM & EFE is 4.3% (elevated). The 2024 annual accounts show equity of €44,673 and a net result of -€28,665. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 34% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-01-2012 Normal situation
Activity
Site preparation NACE 43120and 11 others
Establishment units
2.206.588.563 1030 Schaarbeek, since 18-01-2012
2.319.155.776 1030 Schaarbeek, since 09-07-2021
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

46 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Annual accounts 2024
Gross margin
€12,930
▼ 83.7%
Turnover
≈ €130,000
estimated
Loss
€28,665
Equity
€44,673
▼ 71.8%
Total assets
€139,722
▼ 52.2%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 30-09-2025
Score breakdownraises riskFigures for financial year 2024 (filed on 30-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts lateLoss of €28,665 (financial year 2024)lowers riskFounded in 2012Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 57-22
equity 32.0% of total assets
Liquidity 32-8
short-term debt 46.8% · cash 4.4%
Profitability 3-80
return on assets -20.5%
Bankruptcy probability within 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 1.7%▲ +0.4 percentage points vs 07-2025 09-2025: 1.9%▲ +0.2 percentage points vs 08-2025 10-2025: 3.2%▲ +1.3 percentage points vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.1%▼ -0.1 percentage points vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 2.9%▼ -0.2 percentage points vs 04-2026 06-2026: 2.8%▼ -0.1 percentage points vs 05-2026 07-2026: 2.9%▲ +0.1 percentage points vs 06-2026 08-2026: 3.7%▲ +0.8 percentage points vs 07-2026 09-2026: 3.7%● unchanged vs 08-2026 10-2026: 4.3%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 4.3%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.35 (2.63 in 2023), below the usual 1.5. Short-term debt is 46.8% and cash 4.4% of total assets. 68% of the assets are financed with debt and provisions.
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 43, micro). It does better than 34% of them on solvency, 21% on liquidity, 9% on profitability and 6% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2012
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 · Loss of €28,665 (financial year 2024)
NBB · annual accounts
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, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 days late
2023
30 days late
2022
80 days late
2021
159 days late
2020
131 days late
2019
96 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 93 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2024after a profit of €33,450 in 2023 -€28,665 View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €9,467 · 35,939 companies -€28,665 View

Recent changes

  1. · Gazette deed Change of role: KUBAT Cumaali, from manager to directorPermanent representative: KUBAT Cumaali
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as CEM & EFE: site preparation (NACE 43120). They are comparable in size and age: total assets between €106,000 and €167,000, founded between 2008 and 2015.

CompanyTotal assetsGross margin
CEM & EFE Schaarbeek€139,722€12,930
MICHAEL GRENIER SERVICES Ramillies€167,221€12,505
AMENAGEMENTS STEPHANE FORTEMPS Philippeville€129,658€10,633
PETI CONSTRUCT Schaarbeek€105,989€19,421
JC BATI Anderlecht€117,144€12,857
AGROLIM Zonhoven€128,247€11,716
GRONDWERKEN KURT VAN THIELEN Olen€134,187€10,434
Full comparison

Key facts about CEM & EFE

What is the company number of CEM & EFE?
The company number of CEM & EFE is 0842.831.713. The VAT number is the same number with BE in front: BE 0842.831.713.
Where is CEM & EFE based?
The registered office is at Daillylaan 60, 1030 Schaarbeek.Company details
What does CEM & EFE do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of CEM & EFE?
The legal form of CEM & EFE is Private limited company (BV).
When was CEM & EFE founded?
CEM & EFE was founded on 18-01-2012.
Is CEM & EFE still active?
Yes, CEM & EFE is an active enterprise in the KBO register.
What is the turnover of CEM & EFE?
The turnover in financial year 2024 is ≈ €130,000. This figure is estimated from the gross margin of €12,930 and 31 comparable companies (NACE 43120). It probably lies between €58,000 and €180,000. It is a rough estimate. In financial year 2021 turnover was €417,375.Financials
Is CEM & EFE profitable?
In financial year 2024, CEM & EFE made a loss of €28,665.
Where can I find the annual accounts of CEM & EFE?
CEM & EFE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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