Equity
-€950,108
Debts exceed assets in financial year 2025.
Celmo RED
Lifetime
4 annual accounts with figures on one time axispeak -€10,788 (2022)
-€786,462▼ €638,907
lowest -€796,963 (2025)
-€796,963▼ €648,856
peak €8,382 (2022)
-€950,108▼ €796,963
€977,074▲ 474%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
01-08-20261 day late
2025micro format
Gross margin from -€147,555 to -€786,462Loss of €796,963Equity from -€153,145 to -€950,108Debts from €170,156 to €977,074Cash from €6,588 to €1,462
Key points
from the 2025 annual accountsLosses
-€970,108 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€977,074 3,623% of the balance sheet
Financial debts 49%Suppliers 0%Other 51%
Filings
4 annual accounts 4 late
The 2023 accounts came latest: 41 days after the end of the period.
Starting capital
€20,000 100 shares
Position in the sector
-3523.4%
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,830 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as Celmo RED has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,018 companies, not a prediction for Celmo RED. 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
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Signals
Board and ownership
Director
Director
- 50 sharesdeed of 26-05-2021
- 50 sharesdeed of 26-05-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768627505
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Boechout
Environmental permit granted
Hoogstammige bomen vellen die geen deel uitmaken van een bos · Boechout
Incorporation
Founding capital of €20,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 26-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Celmo RED Mortsel | €26,966 | -€786,462 | -3523.4% | - |
| Cynthia Supplies Stabroek | €31,044 | -€12,074 | -362.9% | - |
| Fenix Investment & Projects Hulshout | €26,490 | -€897 | 17.3% | - |
| NOVA ARTE Asse | €27,130 | -€395 | 48.1% | - |
| Pure Immo Fléron | €30,448 | -€3,135 | -5.2% | - |
| ACMÉ Uccle | €22,847 | -€1,947 | 98.6% | - |
| DRIN-INVEST Namur | €30,240 | -€2,968 | 5.6% | - |
These companies have the same main activity as Celmo RED: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €22,800 and €31,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 21-05-2021Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.318.185.3802640 Mortsel, since 21-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Insights on Celmo RED
Celmo RED files the micro format. That format states no turnover. The gross margin fell from -€10,788 in 2022 to -€786,462 in 2025.
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 Celmo RED
- What is the company number of Celmo RED?
- The company number of Celmo RED is 0768.627.505. The VAT number is the same number with BE in front: BE 0768.627.505.
- Where is Celmo RED based?
- The registered office is at Hollandse Tuin 12, 2640 Mortsel.Company details
- What does Celmo RED do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Celmo RED?
- Celmo RED is a private limited company (BV).
- When was Celmo RED founded?
- Celmo RED was founded on 21-05-2021.
- Is Celmo RED still active?
- Yes, Celmo RED is an active enterprise in the KBO register.
- What is the turnover of Celmo RED?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Celmo RED profitable?
- In financial year 2025, Celmo RED made a loss of €796,963.
- Where can I find the annual accounts of Celmo RED?
- Celmo RED filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Celmo RED due?
- Celmo RED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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