Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Etablissements De Ceuninck, successeurs Morsaint et Fils from Jemeppe-sur-Sambre, company number BE0401640475, closed financial year 2025 with a result of € -52,881 after tax. For that financial year Etablissements De Ceuninck, successeurs Morsaint et Fils recorded a gross margin of € -57,447 and equity of € 25,982. Compared with financial year 2024, the result moved from € -41,872 to € -52,881. The company made a loss. The buffer shrank hard: equity is 67 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 25,982
▼ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,881
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,336
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -88,249.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,074
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,150
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 270,213 | - | - | - | |
| Gross margin | € -25,613 | € 62,459 | € -16,155 | € -57,447 | ▼ € 41,292 |
| Profit after taxes | € -47,207 | € 50,980 | € -41,872 | € -52,881 | ▼ € 11,008 |
| Equity | € 69,740 | € 120,735 | € 78,863 | € 25,982 | ▼ 67% |
| Total debts | € 111,660 | € 48,365 | € 53,810 | € 35,568 | ▼ 34% |
| Cash | € 9,786 | € 6,624 | € 2,356 | € 2,336 | ▼ 1% |
| Land & buildings | € 33,574 | € 27,887 | € 22,199 | € 16,512 | ▼ 26% |
| Retained profit | € -44,491 | € 6,504 | € -35,369 | € -88,249 | ▼ € 52,881 |
| Balance sheet total | € 279,212 | € 169,100 | € 132,673 | € 61,550 | ▼ 54% |
Key figures of Etablissements De Ceuninck, successeurs Morsaint et Fils, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Etablissements De Ceuninck, successeurs Morsaint et Fils?
What happened at Etablissements De Ceuninck, successeurs Morsaint et Fils in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 52,881. filed late Source: NBB ↗
- New establishment in Jemeppe-sur-Sambre. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,207 loss in 2022 to € 52,881 loss in 2025.
Paid € 16,511 in corporate taxes since 2022.
Best year ever: 2023, with € 50,980 profit.
Establishments
Establishment units
Physical locations of this company
Rue du Brulé 52
5190 Jemeppe-sur-Sambre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.640.475
- VAT number
- BE 0401.640.475
- Registered office
- Rue du Brulé 52, 5190 Jemeppe-sur-Sambre
- Names & denominations
- Etablissements De Ceuninck, successeurs Morsaint et Fils
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 1920
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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