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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CEM from Libramont-Chevigny, company number BE0788384227, closed financial year 2025 with a result of € 5,009 after tax. For that financial year CEM recorded a gross margin of € 39,113 and equity of € 30,136. Compared with financial year 2023, the result moved from € -30,889 to € 5,009. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 30,136
▲ 231% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,009
▲ still € 30,889 loss in 2023
Profit after tax over the fiscal year.
€ 3,540
▲ 18% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -9,864.
Debts at end 2025
€ 301,960
▼ 17% vs 2023
€ 33,757 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,731
▼ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,784
▲ € 1,522 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|
| Gross margin | € -9,096 | € 39,113 | ▲ € 48,209 |
| Profit after taxes | € -30,889 | € 5,009 | ▲ € 35,897 |
| Equity | € 9,111 | € 30,136 | ▲ 231% |
| Total debts | € 429,316 | € 374,819 | ▼ 13% |
| Cash | € 2,999 | € 3,540 | ▲ 18% |
| Land & buildings | € 431,503 | € 398,700 | ▼ 8% |
| Retained profit | € -30,889 | € -9,864 | ▲ € 21,025 |
| Bank debt | € 365,048 | € 301,960 | ▼ 17% |
| Balance sheet total | € 438,428 | € 404,955 | ▼ 8% |
Key figures of CEM, fiscal years 2023 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 CEM?
What happened at CEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,009. Source: NBB ↗
- New establishment in Libramont-Chevigny. KBO
- Cécile FRANCOIS became a director. NBB
- Emmanuel BORCY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,889 loss in 2023 to € 5,009 profit in 2025.
Best year ever: 2025, with € 5,009 profit.
Management
Behind CEM are Cécile FRANCOIS and Emmanuel BORCY. Emmanuel BORCY is also behind Menuiserie Manu BORCY.
Directors
According to the 2025 annual accounts
Cécile FRANCOIS
Director
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Bras-Haut,Rue de Lhommal 26
6800 Libramont-Chevigny
Recogne, L'Aliénau 27
6800 Libramont-Chevigny
Active since 8 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0788.384.227
- VAT number
- BE 0788.384.227
- Registered office
- Bras-Haut,Rue de Lhommal 26, 6800 Libramont-Chevigny
- Names & denominations
- CEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2022
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Opslag