Turnover
≈ €190,000 estimated
The micro format states no turnover.
CELMA
Lifetime
9 annual accounts with figures on one time axispeak €91,896 (2025)
€91,896▲ 12.3%
lowest -€20,584 (2022)
€7,430▲ 641%
peak €57,207 (2021)
€45,381▲ 19.6%
€175,545▼ 8.2%
Board1 name since 2021
1 directorMALYSTER Céline Willy Louise
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €81,848 to €91,896Result from €1,003 to €7,430Equity from €37,951 to €45,381
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.05, cash €17,957
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €220,926
Figures for financial year 2025 (filed on 01-08-2026)
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 24% of them on solvency, 46% on liquidity, 28% on profitability and 66% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as CELMA has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CELMA itself is lower: 0.1% within 12 months. It rests on far more data about CELMA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for CELMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.05 (1.84 in 2024), above the usual 1.5. Short-term debt is 17.7% and cash 8.1% of total assets. However, 79.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €45,381
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 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
14 days late
2023
21 days late
2022
16 days late
2021
10 days early
2020
5 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0672913249
Change of role: MALYSTER Céline Willy Louise, from manager to director
Gazette deed
Incorporation
published on 24-03-2017 · Gazette deed
First establishment
Celma & Louise, Middenlaan 29, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CELMA Sint-Truiden | €220,926 | €91,896 | 20.5% | - |
| C&S Contractor Safety Lanaken | €218,481 | €103,256 | 2.1% | - |
| Vrolijkx Pelt | €225,291 | €103,868 | 45.7% | - |
| MELOTTE Houthalen-Helchteren | €188,156 | €94,197 | 47.2% | - |
| Thys Benoît Hasselt | €183,801 | €83,398 | 86.8% | - |
| K-TOF Lummen | €185,835 | €86,298 | 46.8% | - |
| CIRAFIN Diepenbeek | €240,806 | €89,500 | 52.4% | - |
These companies have the same main activity as CELMA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €184,000 and €241,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 22-03-2017Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.262.683.6633800 Sint-Truiden, since 22-03-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 08-08-2025
Annual accounts 2025
- €220,926▼ 3.6%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on CELMA
CELMA files the micro format. That format states no turnover. The gross margin rose from €13,074 in 2017 to €91,896 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CELMA
- What is the company number of CELMA?
- The company number of CELMA is 0672.913.249. The VAT number is the same number with BE in front: BE 0672.913.249.
- Where is CELMA based?
- The registered office is at Middenlaan 29, 3800 Sint-Truiden.Company details
- What does CELMA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CELMA?
- CELMA is a private limited company (BV).
- When was CELMA founded?
- CELMA was founded on 22-03-2017.
- Is CELMA still active?
- Yes, CELMA is an active enterprise in the KBO register.
- How many employees does CELMA have?
- CELMA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CELMA fall under?
- In its 2025 annual accounts, CELMA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of CELMA?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €91,896 and 120 comparable companies (NACE 70200). It probably lies between €140,000 and €240,000.
- Is CELMA profitable?
- In financial year 2025, CELMA made a profit of €7,430.
- Where can I find the annual accounts of CELMA?
- CELMA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CELMA due?
- CELMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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