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CELEJ

Active
Private limited companyfounded 2015active for 11 yearsKoolmijnenkaai 46, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0631.993.008
Summary

The computed 12-month bankruptcy probability of CELEJ is 2.3% (moderate). The 2024 annual accounts show equity of €453,820 and a net result of €44,697. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 79% of 26,027 sector peers (NACE 47, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241Artisanal bread and fresh pastry making NACE 10712
1 site
Size
€667,086total assets 2024
Staff
11.6 FTE
Equity
€453,820
Profit
€44,697
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Accounts 70 days overdue0 of 3 deeds read
Why 54raises riskFigures for financial year 2024 (filed 19-11-2025)1 financial year not filed after the legal deadline; latest accounts 106 days late; 3 of the last 3 latelowers riskSize: total assets €667,086Equity €453,820 (68.0% of total assets)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Strong
Solvency 93+12
equity 68.0% of total assets
Liquidity 43+2
short-term debt 32.0% · cash 5.6%
Profitability 77-2
return on assets 6.7%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,186 companies, NACE 47, micro)
Last 24 months 11-2024: 6.6%highest value 12-2024: 2.1%▼ -4.5 percentage points vs 11-2024 01-2025: 2.0%▼ -0.1 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.2%▲ +0.2 percentage points vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.3%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +0.6 percentage points vs 07-2025 09-2025: 3.8%▲ +0.8 percentage points vs 08-2025 10-2025: 6.3%▲ +2.5 percentage points vs 09-2025 11-2025: 6.5%▲ +0.2 percentage points vs 10-2025 12-2025: 1.4%▼ -5.1 percentage points vs 11-2025 01-2026: 1.3%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.4%▲ +0.1 percentage points vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%▲ +0.2 percentage points vs 04-2026 06-2026: 1.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%▼ -1.0 percentage point vs 06-2026lowest value 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 2.3%▲ +0.9 percentage points vs 09-2026
Credit of up to €24,000 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.87, compared with 0.52 in 2023; short-term debt: 32% and cash: 5.6% of total assets), and 32% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 79% on solvency, 41% on liquidity, 66% on profitability and 62% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk
raises risk · Figures for financial year 2024 (filed 19-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 106 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €667,086
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €453,820 (68.0% of total assets)
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
106 days late
2023
98 days late
2022
123 days late
2021
22 days late
2020
90 days late
2019
132 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 95 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Positive: Among the best 5% on equitysector median €38,691 · 26,088 companies €453,820 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €44,697 7 years View

By topic

Financials

Financial year
2024
Total assets
€667,086
Profit
€44,697
Solvency
68.0%
Turnover▲ 2.5%
Net result
20182021
Go to Financials

Timeline

Events
13
Since
2017
  1. 31-12-2022Liquidity more than doubles
  2. 31-12-2022Equity above €500,000
  3. 22-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded
12-06-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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