CELMACO
ActiveCELMACO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €74k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency28▼-72
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
2.7%
Return on assets
35.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 14056 sector peers (2025).
NBB · sector comparisonPosition among 14056 sector peers
Solvency
better than 24%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
14 d early
2023
10 d late
2022
6 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 96.5%
2024 · €165k
2022: €14k
2023: €88k
2024: €165k
2022 → 2025
Total assets
€210k▲ 0.3%
2024 · €209k
2022: €31k
2023: €122k
2024: €209k
2022 → 2025
Net result
€74k▼ 4.0%
2024 · €77k
2022: €13k
2023: €74k
2024: €77k
2022 → 2025
Working capital
€2k▼ 98.5%
2024 · €162k
2022: €11k
2023: €84k
2024: €162k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€88k▲ 541%€165k▲ 88.5%€6k▼ 96.5%
Operating result€17k-€95k▲ 472%€96k▲ 1.9%€94k▼ 2.7%
Net result€13k-€74k▲ 484%€77k▲ 4.8%€74k▼ 4.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€3k▲ 11.7%
Current assets
€206k▲ 0.1%
Equity and liabilities €210k
Equity
€6k▼ 96.5%
Debt
€204k▲ 363%
The debt ratio rises from 21.1% to 97.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€95k▼
2024 · €97k
Cash flow
€75k▼
2024 · €78k
Solvency
2.7%▼
2024 · 78.9%
Current ratio
1.01▼
2024 · 4.72
Quick ratio
1.01▼
2024 · 4.72
Debt / equity
35.41▲
2024 · 0.27
ROA
35.5%▼
2024 · 37.1%
Interest coverage
691.65▼
2024 · 789.73
Debt
€204k▲
2024 · €44k
Debt ≤ 1 year
€204k▲
2024 · €44k
Income taxes
€20k▼
2024 · €21k
A ratio outside any meaningful range has been withheld (balance sheet total €210k, equity €6k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€209k€210k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€387€2▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€206k€206k▲
Amounts receivable within one year40/41€49k€118k▲
Trade receivables40€49k€118k▲
Current investments50/53€60k€0▼
Cash at bank and in hand54/58€95k€87k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€209k€210k▲
Equity10/15€165k€6k▼
Contributions10/11€1k€1k=
Reserves13€164k€5k▼
Distributable reserves133€164k€5k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€44k€204k▲
Amounts payable within one year42/48€44k€204k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€34k€18k▼
Taxes450/3€32k€16k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€8k€184k▲
Accrued charges and deferred income492/3€356€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€690€896▲
Other operating charges640/8€1k€963▼
Gross operating margin9900€98k€96k▼
Operating profit (loss)9901€96k€94k▼
Financial income75/76B€2k€640▼
Recurring financial income75€2k€640▼
Financial charges65/66B€123€137▲
Recurring financial charges65€123€137▲
Profit (loss) for the period before taxes9903€99k€94k▼
Income taxes67/77€21k€20k▼
Profit (loss) for the period9904€77k€74k▼
Profit (loss) for the period to be appropriated9905€77k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€74k▼
Transfer from equity791/2-€164k
Transfer to equity691/2€77k€4k▼
To other reserves6921€77k€4k▼
Profit to be distributed694/7-€234k
Return on contributions (dividend)694-€234k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €77k ▲4.8%
Operating result €96k, net result €77k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲88.5%
3 profitable years in a row build equity to €165k.
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.46
Current ratio from 1.63 to 3.46.
25-07
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.
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, Dentergem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heuvelhoekstraat(Oes) 1A8720 DentergemGround area
4,654 m²
Building footprint
341 m²
Volume, LiDAR
99 m³
Parcel 37008B0489/00C000, Flanders · tallest building 1.9 m. Linked by address, not a title deed.
1 establishment unit
CELMACO
since 20222.334.720.021
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37008B0489/00C000 | Flanders | 4,654 m² | 1 · 341 m² | 1.9 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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AYSIMMO
BE 1004.655.031
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 2,190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2022
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
46180Agents specialised in the wholesale of other particular products
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.