Skip to content

CELL

Active
Private limited companyfounded 20215 yrs activeHulsen 111, 2490 Balen, BelgiumKBO/BCE: BE 0767.685.516
Summary

CELL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €362,509 and a net result of €144,638. Equity is growing by ~45.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 145 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
CELLActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of electrical equipment
NACE 27200Specialised construction activities NACE 43213
1 site
Size
€730,603total assets 2025
Staff
0.1 FTE
Equity
€362,509
Profit
€144,638
Turnover not published (abridged schema)
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Largest shareholder
BKTEC · 40%
Accounts 42 d early0 of 2 deeds read
Why 85- Founded in 2021+ Size: 0.1 FTE, total assets €730,603+ Figures for FY 2025 (filed 19-06-2026)+ Equity €362,509 (49.6% of total assets)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 64% of its sector peers (NACE 27, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 75+24
equity 49.6% of total assets
Liquidity 37-2
short-term debt 45.7% · cash 7.5%
Profitability 93+15
return on assets 19.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (435 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.3%▼ -31.5% vs 12-2024 02-2025: 0.3%▼ -2.2% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%▲ +6.8% vs 03-2025 05-2025: 0.3%▲ +11.3% vs 04-2025 06-2025: 0.3%▲ +1.9% vs 05-2025 07-2025: 0.2%▼ -45.7% vs 06-2025lowest value 08-2025: 0.2%● 0.0% vs 07-2025lowest value 09-2025: 0.2%● 0.0% vs 08-2025lowest value 10-2025: 0.2%▲ +4.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -1.1% vs 12-2025 02-2026: 0.2%▲ +1.1% vs 01-2026 03-2026: 0.2%▲ +3.3% vs 02-2026 04-2026: 0.2%▲ +11.7% vs 03-2026 05-2026: 0.2%▲ +12.9% vs 04-2026 06-2026: 0.3%▲ +24.1% vs 05-2026 07-2026: 0.4%▲ +22.8% vs 06-2026 08-2026: 0.5%▲ +34.1% vs 07-2026 09-2026: 0.6%▲ +22.7% vs 08-2026highest value 10-2026: 0.4%▼ -32.3% vs 09-2026
  • Size: 0.1 FTE, total assets €730,603 lowers the probability for this profile
  • Founded in 2021 raises the probability for this profile
  • Figures for FY 2025 (filed 19-06-2026) lowers the probability
  • Equity €362,509 (49.6% of total assets) lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.3 in 2024; short-term debt: 45.7% and cash: 7.5% of total assets), but 50.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 27, micro). Better than this share of them on solvency 53%, liquidity 29%, profitability 85%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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 · Size: 0.1 FTE, total assets €730,603
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Founded in 2021
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 19-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €362,509 (49.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 19-06-2026, 42 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
42 d early
2024
59 d early
2023
125 d early
2022
139 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 91 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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 1 May (3 of the last 4 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. General meeting · Director resignationDirector appointment · Permanent representative
  3. Highest result since 2022net €144,638 ▲133%

Key points

  • Positive: Result rose in 2025from €62,028 to €144,638 ▲ 133% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Total assets 20254 fiscal years filed €730,603 View

By topic

Financials

Fiscal year
2025
Total assets
€730,603
Profit
€144,638
Solvency
49.6%
Total assets▼ 14.2%
Net result
20222025
Go to Financials

Timeline

Events
9
Since
2023
Next accounts
by 31-07-2027
  1. 19-06-2026Annual accounts filed
  2. 07-05-2026General meeting · Director resignation
  3. 31-12-2025Highest result since 2022
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of electrical equipmentNACE 27200
Founded
30-04-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure