CELINE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of CELINE CONSTRUCT is 2.4% (moderate). The 2026 annual accounts show equity of €24,675 and a net result of €1,212. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 80% of 84 sector peers (NACE 41, financial year 2026). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €24,675
- Profit
- €1,212
Why 53raises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €34,947lowers riskFigures for financial year 2026 (filed 02-09-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro): better than 80% on solvency, 58% on liquidity, 27% on profitability and 46% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 3 accounts on average 14 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · abbreviated…
- Weakest financial yearnet €1,212 ▼93.1%
- Resignation: CIUBOTA SERGIU (director)Appointment: SIMCOILO STEFAN (director) ·…
Financials · financial year 2026, abbreviated format
2024 to 2026, 3 financial years
The operating result falls in 2026; 2026 is 93% below 2025 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% 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 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 2,546 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.
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Turnover70 | €241,849 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €235,528 | - | - | - |
| Other operating charges640/8 | €52 | €136 | €14 | ▼ 90.0% |
| Gross operating margin9900 | €6,321 | €22,974 | €1,670 | ▼ 92.7% |
| Operating profit (loss)9901 | €6,269 | €22,837 | €1,656 | ▼ 92.7% |
| Financial charges65/66B | €91 | €230 | €96 | ▼ 58.4% |
| Recurring financial charges65 | €91 | €230 | €96 | ▼ 58.4% |
| Profit (loss) for the period before taxes9903 | €6,178 | €22,607 | €1,560 | ▼ 93.1% |
| Income taxes67/77 | €1,353 | €4,969 | €348 | ▼ 93.0% |
| Profit (loss) for the period9904 | €4,825 | €17,638 | €1,212 | ▼ 93.1% |
| Profit (loss) for the period to be appropriated9905 | €4,825 | €17,638 | €1,212 | ▼ 93.1% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €15,507 | €28,827 | €34,947 | ▲ 21.2% |
| Current assets29/58 | €15,507 | €28,827 | €34,947 | ▲ 21.2% |
| Amounts receivable within one year40/41 | €9,075 | €26,146 | €30,491 | ▲ 16.6% |
| Trade receivables40 | €5,129 | €22,218 | €30,307 | ▲ 36.4% |
| Other amounts receivable41 | €3,946 | €3,928 | €184 | ▼ 95.3% |
| Cash at bank and in hand54/58 | €6,432 | €2,681 | €4,456 | ▲ 66.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €15,507 | €28,827 | €34,947 | ▲ 21.2% |
| Equity10/15 | €5,825 | €23,463 | €24,675 | ▲ 5.2% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €4,825 | €22,463 | €23,675 | ▲ 5.4% |
| Amounts payable17/49 | €9,682 | €5,364 | €10,272 | ▲ 91.5% |
| Amounts payable within one year42/48 | €9,682 | €5,364 | €10,272 | ▲ 91.5% |
| Trade debts44 | €3,000 | €345 | €404 | ▲ 17.2% |
| Suppliers440/4 | €3,000 | €345 | €404 | ▲ 17.2% |
| Taxes, remuneration and social security45 | €6,682 | €4,969 | €9,817 | ▲ 97.6% |
| Taxes450/3 | €1,482 | €4,969 | €5,317 | ▲ 7.0% |
| Remuneration and social security454/9 | €5,200 | - | €4,500 | - |
| Other amounts payable47/48 | - | €50 | €50 | = |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,825 | €17,638 | €1,212 | ▼ 93.1% |
| Operating cash flow (approximation) | €4,825 | €17,638 | €1,212 | ▼ 93.1% |
| Change in cash | - | -€3,751 | €1,775 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-01-2026 | abbreviated format | 25-08-2026 | 2026-00491455 |
| 31-01-2025 | abbreviated format | 30-09-2025 | 2025-00530485 |
| 31-01-2024 | abbreviated format | 17-09-2024 | 2024-00465889 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SIMCOILO STEFAN |
|
| CIUBOTA Sergiu |
|
Owners and capital
Capital and shareholders
- SIMCOILO STEFAN 100 shares
- CIUBOTA Sergiu 100 shares (100%) · €100 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-02-2023 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 3 February 2023, CELINE CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2025 the registered office moved to Wemmel.3 SIMCOILO STEFAN has served as director of the company since 2025.3 Total assets went from €15,507 in 2024 to €34,947 in 2026.4
Acts, filings and financial milestones
07-10
Gazette deed
Resignation: CIUBOTA SERGIU (director)Appointment: SIMCOILO STEFAN (director) · Share transfer · Registered-office move7 facts ▸
- General meeting, “meerderheid van partijen aanwezig, eenparigheid van stemmen” (deed in Dutch)
- Director resignation, CIUBOTA SERGIU (director)
- Share transfer, CIUBOTA SERGIU → SIMCOILO STEFAN
- Registered-office move, Avenue Roi Albert I 60 bte 1A,1780 WEMMEL
- Registered-office move, Avenue Roi Albert 1 60 bte 1A,1780 WEMMEL
- Director appointment, SIMCOILO STEFAN (director)
- Shareholding, 100
07-02
Gazette deed
IncorporationAppointment: CIUBOTA Sergiu (director) · Founder · Founding capital8 facts ▸
- Incorporation, “CELINE CONSTRUCT” (deed in Dutch)
- Founder, CIUBOTA Sergiu (comparant)
- Founding capital, €1,000
- Registered office clause, “1730 Asse, Nerviërsstraat 18/4” (deed in Dutch)
- Capital
- Board rule, 1, “SLOTBEPALINGEN A” (deed in Dutch)
- Director appointment, CIUBOTA Sergiu (director)
- Other provision, “dag verkrijging rechtspersoonlijkheid,hetzij dag neerlegging ter griffie van uitgifte oprichtingsakte, begin van de werkzaamheden” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0797.996.432
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22662B0344/00R003 | Flanders | 781 m² | 1 · 276 m² | 2.9 m |
| 23322B0100/00W016 | Flanders | 273 m² | 1 · 106 m² | 14.2 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CELINE CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Alle bevoegdheden om op authentieke wijze de statutenwijziging te doen vaststellen, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V. ALGEMENE VERGADERING Artikel 17. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering volgens vereisten statutenwijziging, 25” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “26, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere benoemd” (deed in Dutch)