Equity
€11,961 from €745,278 in 2019
Equity fell by 98% in 6 years.
CEL 11
Lifetime
11 annual accounts with figures on one time axispeak €797,838 (2018)
-€10,931▼ €7,590
lowest -€36,220 (2020)
-€10,791▼ €7,449
peak €745,278 (2019)
€11,961▼ 47.4%
€37,245▲ 1.9%
Board1 name since 2014
1 director
Documentsfilings and deeds
29-04-20261 day before the deadline
2025abbreviated format
Gross margin from -€3,341 to -€10,931Loss of €10,791Equity from €22,752 to €11,961Cash from €15,540 to €5,240
Key points
from the 2025 annual accountsLosses
-€14,134 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€37,245 76% of the balance sheet
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as CEL 11 has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,294 companies, not a prediction for CEL 11. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0555828113
Change of role: , from manager to director
General meeting of 05-07-2023 · Gazette deed
Registered office moved within Heverlee
New registered office: Celestijnenlaan 24-3001 Heverlee · Previous registered office: Tervuursesteenweg 353 bus1, 3001 Heverlee · General meeting of 30-03-2018 · Gazette deed
Incorporation
published on 11-07-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CEL 11 Leuven | €49,206 | -€10,931 | 24.3% | - |
| IS.ER Wetteren | €57,996 | -€308 | 98.3% | - |
| SCHELDEMAN TOMAS Leuven | €37,586 | -€5,878 | -254.5% | - |
| IMMOPINTO Beauvechain | €36,291 | -€279 | 41.1% | - |
| QUALITY CONCEPTS Beringen | €41,278 | -€7,309 | 18.7% | - |
| SNEW Antwerp | €48,349 | -€18,513 | -58.6% | - |
| VANBETHA Schaerbeek | €36,415 | -€41,266 | -34.8% | - |
These companies have the same main activity as CEL 11: other construction installation (NACE 43240). They are comparable in size and age: total assets between €36,300 and €58,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 09-07-2014Normal situation
- Activity
- Other construction installationNACE 43240
- Establishment unit
- 2.234.745.4853001 Leuven, since 09-07-2014
- Financial year end
- 30 September
- Peppol
- Reachable since 07-01-2026
Annual accounts to 30-09-2025
- €49,206▼ 17.0%
- Filing
- Filed on 29-04-2026, 1 day before the end of the filing period
Insights on CEL 11
CEL 11 files the abbreviated format. That format states no turnover. The gross margin rose from -€19,474 in 2015 to -€10,931 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CEL 11
- What is the company number of CEL 11?
- The company number of CEL 11 is 0555.828.113. The VAT number is the same number with BE in front: BE 0555.828.113.
- Where is CEL 11 based?
- The registered office is at Celestijnenlaan 24, 3001 Leuven.Company details
- What does CEL 11 do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of CEL 11?
- CEL 11 is a private limited company (BV).
- When was CEL 11 founded?
- CEL 11 was founded on 09-07-2014.
- Is CEL 11 still active?
- Yes, CEL 11 is an active enterprise in the KBO register.
- What is the turnover of CEL 11?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is CEL 11 profitable?
- In financial year 2025, CEL 11 made a loss of €10,791.
- Where can I find the annual accounts of CEL 11?
- CEL 11 filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CEL 11 due?
- CEL 11 must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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