CEELEKTRO
ActiveCEELEKTRO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342k and a net result of €22k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-8
Solvency96▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 2.55 in 2024; short-term debt: 20.8% and cash: 2.8% of total assets), and 29.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.8%
Return on assets
4.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
49 d late
2023
48 d late
2022
30 d late
2021
60 d late
2020
83 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€342k▲ 6.8%
2024 · €320k
2018: €104k
2019: €115k
2020: €145k
2021: €148k
2022: €176k
2023: €263k
2024: €320k
2018 → 2025
Total assets
€483k▼ 9.4%
2024 · €533k
2018: €543k
2019: €503k
2020: €522k
2021: €429k
2022: €496k
2023: €498k
2024: €533k
2018 → 2025
Net result
€22k▼ 62.2%
2024 · €58k
2018: €2k
2019: €12k
2020: €30k
2021: €2k
2022: €28k
2023: €87k
2024: €58k
2018 → 2025
Working capital
€216k▲ 5.5%
2024 · €205k
2018: €68k
2019: €77k
2020: €93k
2021: €86k
2022: €86k
2023: €158k
2024: €205k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€176k▲ 19.2%€263k▲ 49.2%€320k▲ 21.9%€342k▲ 6.8%
Operating result€15k-€49k▲ 238%€136k▲ 174%€91k▼ 33.2%€41k▼ 55.2%
Net result€2k-€28k▲ 1,167%€87k▲ 206%€58k▼ 33.5%€22k▼ 62.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483k
Fixed assets
€166k▼ 15.1%
Current assets
€317k▼ 6.1%
Equity and liabilities €483k
Equity
€342k▲ 6.8%
Debt
€141k▼ 33.7%
The debt ratio falls from 39.9% to 29.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▼
2024 · €135k
Cash flow
€66k▼
2024 · €102k
Solvency
70.8%▲
2024 · 60.1%
Current ratio
3.15▲
2024 · 2.55
Quick ratio
1.79▲
2024 · 1.49
Debt / equity
0.41▼
2024 · 0.66
ROE
6.4%▼
2024 · 18.0%
ROA
4.5%▼
2024 · 10.8%
Interest coverage
6.33▼
2024 · 9.18
Debt
€141k▼
2024 · €213k
Debt ≤ 1 year
€101k▼
2024 · €133k
Debt > 1 year
€40k▼
2024 · €80k
Income taxes
€12k▼
2024 · €25k
Staff costs
€52k▼
2024 · €78k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€533k€483k▼
Fixed assets21/28€196k€166k▼
Tangible fixed assets22/27€196k€166k▼
Land and buildings22€121k€108k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€37k€32k▼
Leasing and similar rights25€33k€22k▼
Current assets29/58€338k€317k▼
Stocks and contracts in progress3€140k€137k▼
Stocks30/36€140k€137k▼
Amounts receivable within one year40/41€152k€162k▲
Trade receivables40€46k€31k▼
Other amounts receivable41€106k€131k▲
Cash at bank and in hand54/58€42k€14k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€533k€483k▼
Equity10/15€320k€342k▲
Contributions10/11€159k€159k=
Reserves13€144k€166k▲
Tax-exempt reserves132€22k€22k=
Distributable reserves133€122k€143k▲
Profit (loss) carried forward14€17k€18k▲
Amounts payable17/49€213k€141k▼
Amounts payable after more than one year17€80k€40k▼
Financial debts170/4€80k€40k▼
Amounts payable within one year42/48€133k€101k▼
Current portion of amounts payable after more than one year42€53k€50k▼
Trade debts44€38k€38k▼
Suppliers440/4€38k€38k▼
Taxes, remuneration and social security45€39k€13k▼
Taxes450/3€32k€10k▼
Remuneration and social security454/9€7k€3k▼
Other amounts payable47/48€2k€80▼
Income statement
Code20242025
Remuneration, social security and pensions62€78k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€44k▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€220k€144k▼
Operating profit (loss)9901€91k€41k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€82k€34k▼
Income taxes67/77€25k€12k▼
Profit (loss) for the period9904€58k€22k▼
Profit (loss) for the period to be appropriated9905€58k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€39k▼
Profit (loss) brought forward from the previous period14P€15k€17k▲
Transfer to equity691/2€55k€22k▼
To other reserves6921€55k€22k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Highest result since 2018net €87k ▲206%
Operating result €136k, net result €87k, both a record.
31-12
Financial
Equity above €200kEq €263k ▲49.2%
6 profitable years in a row build equity to €263k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €150kEq €176k ▲19.2%
5 profitable years in a row build equity to €176k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 83 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kasteelstraat 39B8531 HarelbekeGround area
704 m²
Building footprint
196 m²
Volume, LiDAR
996 m³
Parcel 34017B0808/00G005, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CEELEKTRO
since 20032.127.180.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34017B0808/00G005 | Flanders | 704 m² | 1 · 196 m² | 11.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VEBRAK
BE 0452.046.922
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BALS
BE 0890.009.543
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PDM Tech
BE 0789.783.601
Poperinge · Eq €342k
CV engineering
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E-SOL
BE 0787.301.686
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 7,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.