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CEPYA-ELECTRONICS

Active
Private limited companyfounded 2014active for 12 yearsRue des Fours à Chaux 12, 5330 Assesse, BelgiumKBO/BCE: BE 0554.663.123
Summary

The computed 12-month bankruptcy probability of CEPYA-ELECTRONICS is 3.2% (moderate). The 2024 annual accounts show equity of €500,333 and a net result of €79,279. Equity is growing by about 85% per year across the filed financial years. Its solvency ranks better than 19% of 166 sector peers (NACE 26, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26120Engineering and related technical consultancy, excluding land surveyors NACE 71121
3rd largest company by total assets in Assesse, Manufacturing sector1 site
Size
€3.7mtotal assets 2024
Staff
12.4 FTE
Equity
€500,333
Profit
€79,279
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Parent
I-CARE HOLDING · 100%
Accounts 77 days overdue2 of 8 deeds read
Why 49raises riskFigures for financial year 2024 (filed 13-08-2025)Liquidity: current ratio 1.20, cash €34,092, halvedSize: 12.4 FTE, total assets €3.7mlowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 26, small)
Financial strength · tick = 2023
Weak
Solvency 39-1
equity 13.5% of total assets
Liquidity 25-14
short-term debt 51.6% · cash 0.9%
Profitability 40+25
return on assets 2.1%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (115 companies, NACE 26, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%▲ +0.2 percentage points vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 1.3%▲ +0.5 percentage points vs 06-2025 08-2025: 3.2%▲ +1.9 percentage points vs 07-2025 09-2025: 1.1%▼ -2.1 percentage points vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 1.4%▲ +0.2 percentage points vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 3.2%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €24,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.2, compared with 1.32 in 2023, below the usual 1.5; short-term debt: 51.6% and cash: 0.9% of total assets), and 86.5% 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 26, small): better than 17% on solvency, 11% on liquidity, 30% on profitability and 76% on growth.

The bankruptcy probability was computed on 15-10-2026 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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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 13-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.20, cash €34,092, halved
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
raises risk · Size: 12.4 FTE, total assets €3.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 166 sector peers (2024).
NBB · sector comparison
Position among 166 sector peers
Solvency
better than 19%
← 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, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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
11 days late
2023
337 days late
2023
34 days late
2022
15 days early
2021
26 days early
2020
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 55 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Benoît VillainAppointments: Fabrice Brion (director) and…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Back in profit in 2024after -€74,723 in 2023 €79,279 View
  • Positive: 3rd largest company by total assets in Assesse, Manufacturing sectorin the Checked rankings No. 3 View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Controlled by I-CARE HOLDINGultimately: MINOS MANAGMENT COMPANY 100% View
  • New directorslatest change 17-04-2026 · 2 in office 2 joined View

By topic

Financials

Financial year
2024
Total assets
€3.7m
Profit
€79,279
Solvency
13.5%
Total assets▲ 34.1%
Net result
20192024
Go to Financials

Board & ownership

Board
2 members
Parent
I-CARE HOLDING · 100%
  • Bruno CasamassaDirector
  • Fabrice BRIONDirector
Go to Board & ownership

Timeline

Events
20
Since
2016
  1. 05-03-2025Permanent representatives: Marie Kaisin and Piet Hemschoot
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26120
Founded
23-06-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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