CELILBEY
ActiveSummary
The computed 12-month bankruptcy probability of CELILBEY is 4.8% (elevated). The 2025 annual accounts show equity of €38,847 and a net result of €10,992. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 4718 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+30
Solvency93▲+24
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.9 against 1.41 in 2024; short-term debt: 32.3% and cash: 19.3% of total assets), and 32.3% of the assets are financed with debt.
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Signals
Five 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
67.7%
Return on assets
19.2%
Age of the figures
9 mo
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 05-06-2026, 56 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
56 d early
2024
76 d early
2023
55 d early
2022
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 59 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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. Usually files around 6 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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
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Financials · fiscal year 2025, micro schema
Equity
€38,847▲ 39.5%
2024 · €27,855
Total assets
€57,372▼ 8.8%
2024 · €62,924
Net result
€10,992▲ 1,625%
2024 · €637
Working capital
€16,585▲ 84.0%
2024 · €9,015
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line2022202320242025
Operating result€1,662-€11,009▲ 563%€3,057▼ 72.2%€15,287▲ 400%
Net result€1,181within the sector's middle half-€9,036within the sector's middle half▲ 665%€637within the sector's middle half▼ 92.9%€10,992within the sector's middle half▲ 1,625%
Equity€18,181within the sector's middle half-€27,217within the sector's middle half▲ 49.7%€27,855within the sector's middle half▲ 2.3%€38,847within the sector's middle half▲ 39.5%
Total assets€29,825below the sector's middle half-€80,928within the sector's middle half▲ 171%€62,924within the sector's middle half▼ 22.2%€57,372within the sector's middle half▼ 8.8%
Debt€11,644-€53,711▲ 361%€35,069▼ 34.7%€18,525▼ 47.2%
Working capital€10,046within the sector's middle half-€11,841within the sector's middle half▲ 17.9%€9,015within the sector's middle half▼ 23.9%€16,585within the sector's middle half▲ 84.0%
Solvency61.0%within the sector's middle half-33.6%within the sector's middle half▼ 27.3pp44.3%within the sector's middle half▲ 10.6pp67.7%above the sector's middle half▲ 23.4pp
Current ratio1.86within the sector's middle half-1.42within the sector's middle half▼ 0.451.41within the sector's middle half▼ 0.011.90within the sector's middle half▲ 0.49
Return on assets (ROA)4.0%within the sector's middle half-11.2%within the sector's middle half▲ 7.2pp1.0%within the sector's middle half▼ 10.2pp19.2%above the sector's middle half▲ 18.1pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 400% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,372
Fixed assets
€22,261 ▼ 30.2%
Current assets
€35,111 ▲ 13.2%
Equity and liabilities €57,372
Equity
€38,847 ▲ 39.5%
Debt
€18,525 ▼ 47.2%
Debt's share of the balance-sheet total falls from 55.7% to 32.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24,920▲
2024 · €12,597
Cash flow
€20,625▲
2024 · €10,177
Debt to equity
0.48▼
2024 · 1.26
ROE
28.3%▲
2024 · 2.3%
Interest coverage
34.14▲
2024 · 5.21
Debt ≤ 1 year
€18,525▼
2024 · €22,015
Income taxes
€3,565
Staff costs
€70,529▲
2024 · €59,126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €21,789 | €59,126 | €70,529 | ▲ 19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,000 | €9,400 | €9,540 | €9,633 | ▲ 1.0% |
| Other operating charges640/8 | €9,235 | €4,928 | €11,028 | €7,474 | ▼ 32.2% |
| Gross operating margin9900 | €12,896 | €47,127 | €82,751 | €102,922 | ▲ 24.4% |
| Operating profit (loss)9901 | €1,662 | €11,009 | €3,057 | €15,287 | ▲ 400% |
| Financial charges65/66B | €481 | €875 | €2,420 | €730 | ▼ 69.8% |
| Recurring financial charges65 | €481 | €875 | €2,420 | €730 | ▼ 69.8% |
| Profit (loss) for the period before taxes9903 | €1,181 | €10,134 | €637 | €14,557 | ▲ 2,184% |
| Income taxes67/77 | - | €1,097 | - | €3,565 | - |
| Profit (loss) for the period9904 | €1,181 | €9,036 | €637 | €10,992 | ▲ 1,625% |
| Profit (loss) for the period to be appropriated9905 | €1,181 | €9,036 | €637 | €10,992 | ▲ 1,625% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €29,825 | €80,928 | €62,924 | €57,372 | ▼ 8.8% |
| Fixed assets21/28 | €8,135 | €40,735 | €31,894 | €22,261 | ▼ 30.2% |
| Tangible fixed assets22/27 | €8,000 | €35,600 | €26,759 | €17,126 | ▼ 36.0% |
| Furniture and vehicles24 | €8,000 | €35,600 | €26,759 | €17,126 | ▼ 36.0% |
| Financial fixed assets28 | €135 | €5,135 | €5,135 | €5,135 | = |
| Current assets29/58 | €21,690 | €40,193 | €31,029 | €35,111 | ▲ 13.2% |
| Amounts receivable within one year40/41 | €11,826 | €20,647 | €20,635 | €24,039 | ▲ 16.5% |
| Trade receivables40 | €11,826 | €20,647 | €17,907 | €20,889 | ▲ 16.7% |
| Other amounts receivable41 | - | - | €2,727 | €3,150 | ▲ 15.5% |
| Cash at bank and in hand54/58 | €9,865 | €19,546 | €10,395 | €11,072 | ▲ 6.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €29,825 | €80,928 | €62,924 | €57,372 | ▼ 8.8% |
| Equity10/15 | €18,181 | €27,217 | €27,855 | €38,847 | ▲ 39.5% |
| Contributions10/11 | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Capital10 | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Issued capital100 | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Profit (loss) carried forward14 | €1,181 | €10,217 | €10,855 | €21,847 | ▲ 101% |
| Amounts payable17/49 | €11,644 | €53,711 | €35,069 | €18,525 | ▼ 47.2% |
| Amounts payable after more than one year17 | - | €25,358 | €13,054 | - | - |
| Financial debts170/4 | - | €25,358 | €13,054 | - | - |
| Amounts payable within one year42/48 | €11,644 | €28,353 | €22,015 | €18,525 | ▼ 15.8% |
| Current portion of amounts payable after more than one year42 | - | €12,617 | €12,304 | €10,651 | ▼ 13.4% |
| Financial debts43 | - | - | €64 | €64 | = |
| Credit institutions430/8 | - | - | €64 | €64 | = |
| Trade debts44 | €5,658 | €3,505 | €4,409 | €711 | ▼ 83.9% |
| Suppliers440/4 | €5,658 | €3,505 | €4,409 | €711 | ▼ 83.9% |
| Taxes, remuneration and social security45 | €2,986 | €8,008 | €5,238 | €7,099 | ▲ 35.5% |
| Taxes450/3 | €2,986 | €8,008 | €5,238 | €7,099 | ▲ 35.5% |
| Other amounts payable47/48 | €3,000 | €4,223 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,181 | €9,036 | €637 | €10,992 | ▲ 1,625% |
| + Depreciation and write-downs630 | €2,000 | €9,400 | €9,540 | €9,633 | ▲ 1.0% |
| Operating cash flow (approximation) | €3,181 | €18,436 | €10,177 | €20,625 | ▲ 103% |
| Investment in fixed assets (approximation) | - | -€42,000 | -€699 | €0 | ▲ 100% |
| Change in cash | - | €9,682 | -€9,151 | €677 | ▲ 107% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €10,992 ▲1,625%
Operating result €15,287, net result €10,992, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €637 ▼92.9%
Net result drops to €637, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2024
Ground area
329 m²
Building footprint
337 m²
Volume, LiDAR
5,027 m³
Parcel 21906D0324/00C011, Brussels · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Vifquinstraat 1, 1030 Schaarbeek
since 20242.355.379.734
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0324/00C011 | Brussels | 329 m² | 1 · 337 m² | 18.9 m · 6 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.
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 5,789 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
Founded05-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0775348219
Also
9925:BE0775348219
Registered
28-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.