Celis Construct
ActiveSummary
Celis Construct has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €35,960 and a net result of €11,104. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 705 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+24
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 7.63 against 4.02 in 2023; short-term debt: 12.7% and cash: 39.5% of total assets), and 12.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
35 d early
2022
131 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€35,960▲ 44.7%
2023 · €24,855
Total assets
€41,178▲ 26.2%
2023 · €32,621
Net result
€11,104▲ 469%
2023 · €1,952
Working capital
€34,578▲ 47.7%
2023 · €23,416
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
Line202220232024
Operating result€27,862-€3,464▼ 87.6%€16,081▲ 364%
Net result€19,903-€1,952▼ 90.2%€11,104▲ 469%
Equity€22,903-€24,855▲ 8.5%€35,960▲ 44.7%
Total assets€29,253-€32,621▲ 11.5%€41,178▲ 26.2%
Debt€6,350-€7,766▲ 22.3%€5,219▼ 32.8%
Working capital€21,009-€23,416▲ 11.5%€34,578▲ 47.7%
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 2024; 2024 is 364% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41,178
Fixed assets
€1,381 ▼ 4.0%
Current assets
€39,797 ▲ 27.6%
Equity and liabilities €41,178
Equity
€35,960 ▲ 44.7%
Debt
€5,219 ▼ 32.8%
Debt's share of the balance-sheet total falls from 23.8% to 12.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17,294▲
2023 · €4,634
Cash flow
€12,317▲
2023 · €3,122
Current ratio
7.63▲
2023 · 4.02
Debt to equity
0.15▼
2023 · 0.31
ROE
30.9%▲
2023 · 7.9%
ROA
27.0%▲
2023 · 6.0%
Interest coverage
101.00▲
2023 · 15.07
Debt ≤ 1 year
€5,219▼
2023 · €7,766
Income taxes
€4,812▲
2023 · €1,205
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €901 | €1,170 | €1,213 | ▲ 3.7% |
| Other operating charges640/8 | €1,304 | €173 | €298 | ▲ 72.4% |
| Gross operating margin9900 | €30,067 | €4,807 | €17,592 | ▲ 266% |
| Operating profit (loss)9901 | €27,862 | €3,464 | €16,081 | ▲ 364% |
| Financial income75/76B | €1 | €0 | €6 | ▲ 2,258% |
| Recurring financial income75 | €1 | €0 | €6 | ▲ 2,258% |
| Financial charges65/66B | €0 | €308 | €171 | ▼ 44.3% |
| Recurring financial charges65 | €0 | €308 | €171 | ▼ 44.3% |
| Profit (loss) for the period before taxes9903 | €27,863 | €3,157 | €15,916 | ▲ 404% |
| Income taxes67/77 | €7,960 | €1,205 | €4,812 | ▲ 299% |
| Profit (loss) for the period9904 | €19,903 | €1,952 | €11,104 | ▲ 469% |
| Profit (loss) for the period to be appropriated9905 | €19,903 | €1,952 | €11,104 | ▲ 469% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €29,253 | €32,621 | €41,178 | ▲ 26.2% |
| Fixed assets21/28 | €1,894 | €1,439 | €1,381 | ▼ 4.0% |
| Tangible fixed assets22/27 | €1,894 | €1,439 | €1,381 | ▼ 4.0% |
| Plant, machinery and equipment23 | €1,512 | €1,302 | €484 | ▼ 62.8% |
| Furniture and vehicles24 | €382 | €136 | €897 | ▲ 558% |
| Current assets29/58 | €27,359 | €31,182 | €39,797 | ▲ 27.6% |
| Amounts receivable within one year40/41 | €12,730 | €23,383 | €23,542 | ▲ 0.7% |
| Trade receivables40 | €12,582 | €20,478 | €21,015 | ▲ 2.6% |
| Other amounts receivable41 | €148 | €2,905 | €2,528 | ▼ 13.0% |
| Cash at bank and in hand54/58 | €14,629 | €7,304 | €16,255 | ▲ 123% |
| Deferred charges and accrued income490/1 | - | €495 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €29,253 | €32,621 | €41,178 | ▲ 26.2% |
| Equity10/15 | €22,903 | €24,855 | €35,960 | ▲ 44.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €19,903 | €21,855 | €32,960 | ▲ 50.8% |
| Distributable reserves133 | €19,903 | €21,855 | €32,960 | ▲ 50.8% |
| Amounts payable17/49 | €6,350 | €7,766 | €5,219 | ▼ 32.8% |
| Amounts payable within one year42/48 | €6,350 | €7,766 | €5,219 | ▼ 32.8% |
| Trade debts44 | €1,325 | €0 | €3,733 | - |
| Suppliers440/4 | €1,325 | €0 | €3,733 | - |
| Taxes, remuneration and social security45 | €4,960 | €5,742 | €900 | ▼ 84.3% |
| Taxes450/3 | €4,960 | €5,742 | €900 | ▼ 84.3% |
| Other amounts payable47/48 | €65 | €2,024 | €586 | ▼ 71.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,903 | €1,952 | €11,104 | ▲ 469% |
| + Depreciation and write-downs630 | €901 | €1,170 | €1,213 | ▲ 3.7% |
| Operating cash flow (approximation) | €20,804 | €3,122 | €12,317 | ▲ 295% |
| Investment in fixed assets (approximation) | - | -€715 | -€1,155 | ▼ 61.7% |
| Change in cash | - | -€7,325 | €8,951 | ▲ 222% |
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
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €1,952 ▼90.2%
Net result drops to €1,952, the lowest in the series; recovery starts the following year.
22-03
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 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Edegem · 1 establishment unit since 2021
Ground area
201 m²
Building footprint
53 m²
Volume, LiDAR
495 m³
Parcel 11013A0005/00D002, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Celis Construct
since 20212.314.519.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0005/00D002 | Flanders | 201 m² | 1 · 53 m² | 11.2 m · 3 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 1,599 companies in sector 16230 we hold annual accounts for 784. 535 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
Founded08-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
01610Support activities for crop production
25530Machining of metals
Scores and ratios are computed by Checked and are not a credit decision.