CELCIUS
ActiveSummary
CELCIUS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,740 and a net result of €29,796. Equity is shrinking by ~61.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 16% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+20
Solvency29▲+13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.77 in 2024; short-term debt: 69.2% and cash: 28.6% of total assets), and 96.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
3.5%
Return on assets
13.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2715 sector peers (2025).
NBB · sector comparisonPosition among 2715 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
6 d early
2023
23 d late
2022
4 d early
2021
2 d early
2020
31 d late
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 oldest company in Kuurne, Telecoms and IT sector
Equity
€7,740
2024 · -€17,056
Total assets
€218,953▲ 14.2%
2024 · €191,701
Net result
€29,796
2024 · -€4,598
Working capital
-€27,538▲ 20.2%
2024 · -€34,515
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€10,038€12,368-€5,549-€1,548▲ 72.1%€44,414
Net result-€14,799below the sector's middle half▼ 115%€3,741within the sector's middle half-€9,278below the sector's middle half-€4,598below the sector's middle half▲ 50.4%€29,796within the sector's middle half
Equity-€6,922below the sector's middle half-€3,181below the sector's middle half▲ 54.0%-€12,458below the sector's middle half▼ 292%-€17,056below the sector's middle half▼ 36.9%€7,740below the sector's middle half
Total assets€215,092within the sector's middle half▼ 14.0%€215,420within the sector's middle half▲ 0.2%€210,650within the sector's middle half▼ 2.2%€191,701below the sector's middle half▼ 9.0%€218,953within the sector's middle half▲ 14.2%
Debt€222,014▼ 8.5%€218,600▼ 1.5%€223,109▲ 2.1%€208,757▼ 6.4%€211,213▲ 1.2%
Working capital-€32,935▼ 98.8%-€16,992▲ 48.4%-€28,509▼ 67.8%-€34,515▼ 21.1%-€27,538▲ 20.2%
Solvency-3.2%below the sector's middle half▼ 6.2pp-1.5%below the sector's middle half▲ 1.7pp-5.9%below the sector's middle half▼ 4.4pp-8.9%below the sector's middle half▼ 3.0pp3.5%below the sector's middle half▲ 12.4pp
Staff (FTE)2within the sector's middle half2within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
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 returns to profit in 2025: €44,414 after a loss of €1,548 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218,953
Fixed assets
€95,075 ▲ 22.3%
Current assets
€123,878 ▲ 8.7%
Equity and liabilities €218,953
Equity
€7,740
Debt
€211,213
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€63,423▲
2024 · €14,039
Cash flow
€48,806▲
2024 · €10,990
Current ratio
0.82▲
2024 · 0.77
Debt to equity
27.29▲
2024 · -12.24
ROE
384.9%
ROA
13.6%▲
2024 · -2.4%
Interest coverage
36.90▲
2024 · 7.69
Debt ≤ 1 year
€151,417▲
2024 · €148,455
Debt > 1 year
€58,796▼
2024 · €59,302
Income taxes
€13,057▲
2024 · €1,464
Staff costs
€113,376▲
2024 · €105,227
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 926 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 926 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €86,550 | €95,224 | €102,111 | €105,227 | €113,376 | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,845 | €19,843 | €16,161 | €15,587 | €19,009 | ▲ 22.0% |
| Other operating charges640/8 | €2,962 | €3,477 | €2,140 | €2,057 | €2,324 | ▲ 13.0% |
| Gross operating margin9900 | €105,320 | €130,912 | €114,864 | €121,323 | €179,122 | ▲ 47.6% |
| Operating profit (loss)9901 | -€10,038 | €12,368 | -€5,549 | -€1,548 | €44,414 | ▲ 2,968% |
| Financial income75/76B | €435 | €156 | €441 | €240 | €159 | ▼ 33.8% |
| Recurring financial income75 | €435 | €156 | €441 | €240 | €159 | ▼ 33.8% |
| Financial charges65/66B | €3,701 | €3,310 | €2,476 | €1,824 | €1,719 | ▼ 5.8% |
| Recurring financial charges65 | €3,701 | €3,310 | €2,476 | €1,824 | €1,719 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | -€13,303 | €9,214 | -€7,585 | -€3,133 | €42,853 | ▲ 1,468% |
| Income taxes67/77 | €1,496 | €5,473 | €1,693 | €1,464 | €13,057 | ▲ 792% |
| Profit (loss) for the period9904 | -€14,799 | €3,741 | -€9,278 | -€4,598 | €29,796 | ▲ 748% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €5,000 | - |
| Profit (loss) for the period to be appropriated9905 | -€14,799 | €3,741 | -€9,278 | -€4,598 | €34,796 | ▲ 857% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €215,092 | €215,420 | €210,650 | €191,701 | €218,953 | ▲ 14.2% |
| Fixed assets21/28 | €122,755 | €109,559 | €93,349 | €77,761 | €95,075 | ▲ 22.3% |
| Tangible fixed assets22/27 | €122,706 | €109,510 | €93,349 | €77,761 | €95,075 | ▲ 22.3% |
| Land and buildings22 | €96,266 | €86,240 | €76,214 | €66,188 | €56,162 | ▼ 15.1% |
| Plant, machinery and equipment23 | - | - | - | - | €3,066 | - |
| Furniture and vehicles24 | €26,440 | €23,270 | €17,135 | €11,573 | €35,847 | ▲ 210% |
| Financial fixed assets28 | €50 | €50 | €0 | - | - | - |
| Current assets29/58 | €92,337 | €105,860 | €117,302 | €113,939 | €123,878 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €75,894 | €76,388 | €88,802 | €82,298 | €59,944 | ▼ 27.2% |
| Trade receivables40 | €75,894 | €76,388 | €86,471 | €82,298 | €59,944 | ▼ 27.2% |
| Other amounts receivable41 | - | - | €2,331 | €0 | - | - |
| Cash at bank and in hand54/58 | €11,732 | €22,189 | €26,011 | €29,565 | €62,593 | ▲ 112% |
| Deferred charges and accrued income490/1 | €4,710 | €7,283 | €2,489 | €2,076 | €1,342 | ▼ 35.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €215,092 | €215,420 | €210,650 | €191,701 | €218,953 | ▲ 14.2% |
| Equity10/15 | -€6,922 | -€3,181 | -€12,458 | -€17,056 | €7,740 | ▲ 145% |
| Contributions10/11 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Reserves13 | €6,860 | €6,860 | €6,860 | €6,860 | €1,860 | ▼ 72.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €5,000 | €5,000 | €5,000 | €5,000 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€21,219 | -€17,478 | -€26,755 | -€31,353 | -€1,556 | ▲ 95.0% |
| Amounts payable17/49 | €222,014 | €218,600 | €223,109 | €208,757 | €211,213 | ▲ 1.2% |
| Amounts payable after more than one year17 | €95,742 | €94,748 | €76,183 | €59,302 | €58,796 | ▼ 0.9% |
| Financial debts170/4 | €95,742 | €94,748 | €76,183 | €59,302 | €58,796 | ▼ 0.9% |
| Amounts payable within one year42/48 | €125,272 | €122,852 | €145,810 | €148,455 | €151,417 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €26,119 | €24,543 | €19,474 | €17,813 | €24,023 | ▲ 34.9% |
| Trade debts44 | €18,968 | €6,936 | €33,785 | €22,040 | €14,073 | ▼ 36.1% |
| Suppliers440/4 | €18,968 | €6,936 | €33,785 | €22,040 | €14,073 | ▼ 36.1% |
| Taxes, remuneration and social security45 | €33,936 | €42,160 | €33,588 | €36,171 | €31,367 | ▼ 13.3% |
| Taxes450/3 | €12,664 | €18,182 | €11,115 | €12,519 | €6,604 | ▼ 47.3% |
| Remuneration and social security454/9 | €21,272 | €23,978 | €22,473 | €23,652 | €24,764 | ▲ 4.7% |
| Other amounts payable47/48 | €46,248 | €49,213 | €58,964 | €72,430 | €81,953 | ▲ 13.1% |
| Accrued charges and deferred income492/3 | €1,000 | €1,000 | €1,115 | €1,000 | €1,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,799 | €3,741 | -€9,278 | -€4,598 | €29,796 | ▲ 748% |
| + Depreciation and write-downs630 | €25,845 | €19,843 | €16,161 | €15,587 | €19,009 | ▲ 22.0% |
| Operating cash flow (approximation) | €11,046 | €23,584 | €6,884 | €10,990 | €48,806 | ▲ 344% |
| Investment in fixed assets (approximation) | - | -€6,647 | €50 | €0 | -€36,323 | - |
| Change in cash | - | €10,457 | €3,821 | €3,555 | €33,027 | ▲ 829% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €29,796
Net result €29,796 after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3,741
Net result €3,741 after 4 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€15,414
Net result drops to -€15,414, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Kuurne · 1 establishment unit since 2001
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.
Koning Leopold III-str. 28520 Kuurne1 establishment unit
CELCIUS CREATIVE WEBAGENCY
since 20012.100.384.055
Similar companies · same sector, comparable size
NMB Consulting
BE 0765.561.810
Marchin · Eq €7,750
MGO SOLUTIONS
BE 1010.533.528
Evere · Eq €7,730
JITABS
BE 0754.701.570
Merchtem · Eq €7,751
MOM&TUM
BE 0770.464.070
Vilvoorde · Eq €7,757
OCEVALYA
BE 1029.095.467
Aywaille · Eq €7,762
Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 8,207 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-06-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475025727
Also
9925:BE0475025727
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.