CELACOR
ActiveSummary
CELACOR has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,439 and a net result of -€11,662. Equity is growing by ~21.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-8
Solvency43▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 68.2% and cash: 0.3% of total assets), and 82.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.5%
Return on assets
-2%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€11,662
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
10 d early
2023
27 d early
2022
28 d early
2021
42 d early
2020
2 d early
2019
93 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€102,439▼ 10.2%
2024 · €114,101
Total assets
€585,316▼ 2.8%
2024 · €602,305
Net result
-€11,662▼ 233%
2024 · -€3,506
Working capital
-€387,930▼ 0.5%
2024 · -€386,101
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,706▲ 74.4%-€7,283▼ 54.8%-€17,332▼ 138%-€1,479▲ 91.5%-€10,051▼ 580%
Net result-€5,724▲ 71.0%-€8,089▼ 41.3%-€18,558▼ 129%-€3,506▲ 81.1%-€11,662▼ 233%
Equity€59,253▼ 8.8%€51,165▼ 13.7%€132,607▲ 159%€114,101▼ 14.0%€102,439▼ 10.2%
Total assets€545,695▼ 2.1%€533,929▼ 2.2%€672,864▲ 26.0%€602,305▼ 10.5%€585,316▼ 2.8%
Debt€486,441▼ 1.2%€482,764▼ 0.8%€540,257▲ 11.9%€488,204▼ 9.6%€482,876▼ 1.1%
Working capital-€262,685▲ 0.4%-€264,041▼ 0.5%-€427,931▼ 62.1%-€386,101▲ 9.8%-€387,930▼ 0.5%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,051 in 2025 against €1,479 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €585,316
Fixed assets
€573,843 ▼ 2.9%
Current assets
€11,473 ▲ 3.3%
Equity and liabilities €585,316
Equity
€102,439 ▼ 10.2%
Debt
€482,876 ▼ 1.1%
Debt's share of the balance-sheet total rises from 81.1% to 82.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8,426▼
2024 · €16,091
Cash flow
€6,816▼
2024 · €14,065
Current ratio
0.03▲
2024 · 0.03
Debt to equity
4.71▲
2024 · 4.28
ROE
-11.4%▼
2024 · -3.1%
ROA
-2.0%▼
2024 · -0.6%
Interest coverage
5.23▼
2024 · 7.94
Debt ≤ 1 year
€399,403▲
2024 · €397,209
Debt > 1 year
€82,460▼
2024 · €90,007
Income taxes
€0▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,680 | €13,680 | €14,807 | €17,570 | €18,477 | ▲ 5.2% |
| Other operating charges640/8 | - | €3,577 | €2,201 | €2,540 | €2,546 | ▲ 0.3% |
| Gross operating margin9900 | €12,249 | €9,975 | -€324 | €18,631 | €10,973 | ▼ 41.1% |
| Operating profit (loss)9901 | -€4,706 | -€7,283 | -€17,332 | -€1,479 | -€10,051 | ▼ 580% |
| Financial income75/76B | - | €186 | - | €0 | €0 | ▲ 50.0% |
| Recurring financial income75 | €1 | €186 | - | €0 | €0 | ▲ 50.0% |
| Financial charges65/66B | - | €992 | €1,226 | €2,027 | €1,611 | ▼ 20.5% |
| Recurring financial charges65 | €1,019 | €992 | €1,226 | €2,027 | €1,611 | ▼ 20.5% |
| Profit (loss) for the period before taxes9903 | -€5,724 | -€8,089 | -€18,558 | -€3,506 | -€11,662 | ▼ 233% |
| Income taxes67/77 | - | - | - | €0 | €0 | ▲ 50.0% |
| Profit (loss) for the period9904 | -€5,724 | -€8,089 | -€18,558 | -€3,506 | -€11,662 | ▼ 233% |
| Profit (loss) for the period to be appropriated9905 | -€5,724 | -€8,089 | -€18,558 | -€3,506 | -€11,662 | ▼ 233% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €545,695 | €533,929 | €672,864 | €602,305 | €585,316 | ▼ 2.8% |
| Fixed assets21/28 | €532,440 | €518,760 | €658,443 | €591,197 | €573,843 | ▼ 2.9% |
| Tangible fixed assets22/27 | €532,440 | €518,760 | €658,443 | €591,197 | €573,843 | ▼ 2.9% |
| Land and buildings22 | - | €518,760 | €658,443 | €591,197 | €573,843 | ▼ 2.9% |
| Current assets29/58 | €13,255 | €15,169 | €14,420 | €11,108 | €11,473 | ▲ 3.3% |
| Amounts receivable within one year40/41 | €10,850 | €9,500 | €9,500 | €9,500 | €9,500 | = |
| Other amounts receivable41 | - | €9,500 | €9,500 | €9,500 | €9,500 | = |
| Cash at bank and in hand54/58 | €1,748 | €633 | €4,815 | €1,418 | €1,771 | ▲ 24.9% |
| Deferred charges and accrued income490/1 | - | €5,036 | €105 | €190 | €202 | ▲ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €545,695 | €533,929 | €672,864 | €602,305 | €585,316 | ▼ 2.8% |
| Equity10/15 | €59,253 | €51,165 | €132,607 | €114,101 | €102,439 | ▼ 10.2% |
| Contributions10/11 | €200,000 | €200,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | - | €200,000 | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Uncalled capital101 | - | €100,000 | - | - | - | - |
| Revaluation surpluses12 | - | €65,000 | €65,000 | €50,000 | €50,000 | = |
| Reserves13 | €27,174 | €27,174 | €27,174 | €27,174 | €0 | ▼ 100% |
| Distributable reserves133 | - | €27,174 | €27,174 | €27,174 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€232,921 | -€241,009 | -€259,567 | -€263,073 | -€247,561 | ▲ 5.9% |
| Amounts payable17/49 | €486,441 | €482,764 | €540,257 | €488,204 | €482,876 | ▼ 1.1% |
| Amounts payable after more than one year17 | €210,502 | €203,554 | €97,019 | €90,007 | €82,460 | ▼ 8.4% |
| Financial debts170/4 | - | €203,554 | €97,019 | €90,007 | €82,460 | ▼ 8.4% |
| Amounts payable within one year42/48 | €275,939 | €279,210 | €442,351 | €397,209 | €399,403 | ▲ 0.6% |
| Current portion of amounts payable after more than one year42 | - | €6,963 | €6,635 | €7,015 | €7,522 | ▲ 7.2% |
| Trade debts44 | - | €303 | €113,651 | €159 | €355 | ▲ 124% |
| Suppliers440/4 | - | €303 | €113,651 | €159 | €355 | ▲ 124% |
| Other amounts payable47/48 | - | €271,944 | €322,065 | €390,036 | €391,526 | ▲ 0.4% |
| Accrued charges and deferred income492/3 | - | - | €887 | €988 | €1,014 | ▲ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,724 | -€8,089 | -€18,558 | -€3,506 | -€11,662 | ▼ 233% |
| + Depreciation and write-downs630 | €13,680 | €13,680 | €14,807 | €17,570 | €18,477 | ▲ 5.2% |
| Operating cash flow (approximation) | €7,956 | €5,591 | -€3,751 | €14,065 | €6,816 | ▼ 51.5% |
| Investment in fixed assets (approximation) | - | €0 | -€154,491 | €49,676 | -€1,124 | ▼ 102% |
| Change in cash | - | -€1,115 | €4,183 | -€3,398 | €353 | ▲ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
State Gazette act
Resignation: VANBEUREN Myrjam Irma Catharina Rita Anna (director)Appointment: MEEKERS Evelyne Myrjam Riet Adriane (director) · Name change · Purpose change10 facts ▸
State Gazette act
Resignation: VANBEUREN Myrjam Irma Catharina Rita Anna (director)
Appointment: MEEKERS Evelyne Myrjam Riet Adriane (director) · Name change · Purpose change10 facts ▸
- General meeting, 10-07-2026
- Name change, CELACOR
- Other statement, kennisname artikel 2:3 WVV, algemene vergadering
- Other statement, vrijstelling voorlezing verslag bestuursorgaan, ontslaat de voorzitter van het voorlezen
- Other statement, ontvangst en kennisname verslag bestuursorgaan, algemene vergadering
- Purpose change
- Director resignation, VANBEUREN Myrjam Irma Catharina Rita Anna (director)
- Director appointment, MEEKERS Evelyne Myrjam Riet Adriane (director)
- Power of attorney
- Power of attorney, Liselotte SCHOTSMANS
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €100,000Eq €132,607 ▲159%
Equity rises from €51,165 to €132,607.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet -€19,714
Net result drops to -€19,714, the lowest in the series; recovery starts the following year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
MEEKERS Evelyne Myrjam Riet Adriane
CurrentDirector · since 10-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 1994
Ground area
1,213 m²
Building footprint
222 m²
Volume, LiDAR
1,302 m³
Parcel 71016I1140/02B000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CELACOR
since 19942.065.035.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1140/02B000 | Flanders | 1,213 m² | 1 · 221 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MEEKERS Evelyne Myrjam Riet Adriane |
|
| VANBEUREN Myrjam Irma Catharina Rita Anna |
|
Articles of association
Financial year
From 1 January to 31 December
Annual meeting
Last Friday of June at 16:00; the first on 30-06-2028
Name clause
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded01-09-1993
Fiscal year end30-06
Legal name NL
FORUM
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450831749
Also
9925:BE0450831749
Registered
12-03-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.