CELOE
ActiveSummary
CELOE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,193 and a net result of €43,384. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 13.19 against 11.35 in 2024; short-term debt: 7.5% and cash: 15.2% of total assets), and 7.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
92.4%
Return on assets
45.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
20 d late
2024
6 d early
2023
21 d late
2022
17 d early
2021
6 d early
2020
5 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€88,193▲ 60.9%
2024 · €54,809
Total assets
€95,488▲ 59.1%
2024 · €60,013
Net result
€43,384▲ 29.9%
2024 · €33,409
Working capital
€87,095▲ 61.7%
2024 · €53,865
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33,986▼ 27.3%€41,282▲ 21.5%€32,544▼ 21.2%€43,050▲ 32.3%€55,981▲ 30.0%
Net result€25,783within the sector's middle half▼ 28.7%€31,629within the sector's middle half▲ 22.7%€24,357within the sector's middle half▼ 23.0%€33,409within the sector's middle half▲ 37.2%€43,384within the sector's middle half▲ 29.9%
Equity€148,014within the sector's middle half▲ 21.1%€192,043above the sector's middle half▲ 29.7%€216,400above the sector's middle half▲ 12.7%€54,809within the sector's middle half▼ 74.7%€88,193within the sector's middle half▲ 60.9%
Total assets€157,579within the sector's middle half▲ 22.1%€193,499within the sector's middle half▲ 22.8%€219,017within the sector's middle half▲ 13.2%€60,013below the sector's middle half▼ 72.6%€95,488within the sector's middle half▲ 59.1%
Debt€9,565▲ 40.0%€1,456▼ 84.8%€2,617▲ 79.7%€5,204▲ 98.8%€7,296▲ 40.2%
Working capital€145,039▲ 19.1%€189,535▲ 30.7%€214,904▲ 13.4%€53,865▼ 74.9%€87,095▲ 61.7%
Solvency93.9%above the sector's middle half▼ 0.8pp99.2%above the sector's middle half▲ 5.3pp98.8%above the sector's middle half▼ 0.4pp91.3%above the sector's middle half▼ 7.5pp92.4%above the sector's middle half▲ 1.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,488
Fixed assets
€1,248 ▲ 32.2%
Current assets
€94,240 ▲ 59.5%
Equity and liabilities €95,488
Equity
€88,193 ▲ 60.9%
Debt
€7,296 ▲ 40.2%
Debt's share of the balance-sheet total falls from 8.7% to 7.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56,667▲
2024 · €44,005
Cash flow
€44,070▲
2024 · €34,364
Current ratio
13.19▲
2024 · 11.35
Debt to equity
0.08▼
2024 · 0.09
ROE
49.2%▼
2024 · 61.0%
ROA
45.4%▼
2024 · 55.7%
Interest coverage
43.88▲
2024 · 29.15
Debt ≤ 1 year
€7,146▲
2024 · €5,204
Income taxes
€11,305▲
2024 · €10,515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €577 | €988 | €1,012 | €955 | €686 | ▼ 28.1% |
| Other operating charges640/8 | €837 | €794 | €602 | €485 | €564 | ▲ 16.3% |
| Gross operating margin9900 | €35,401 | €43,063 | €34,158 | €44,490 | €57,231 | ▲ 28.6% |
| Operating profit (loss)9901 | €33,986 | €41,282 | €32,544 | €43,050 | €55,981 | ▲ 30.0% |
| Financial income75/76B | €0 | - | - | €2,384 | - | - |
| Recurring financial income75 | €0 | - | - | €2,384 | - | - |
| Financial charges65/66B | €198 | €252 | €1,663 | €1,510 | €1,291 | ▼ 14.5% |
| Recurring financial charges65 | €198 | €252 | €1,663 | €1,510 | €1,291 | ▼ 14.5% |
| Profit (loss) for the period before taxes9903 | €33,788 | €41,029 | €30,881 | €43,924 | €54,689 | ▲ 24.5% |
| Income taxes67/77 | €8,006 | €9,400 | €6,524 | €10,515 | €11,305 | ▲ 7.5% |
| Profit (loss) for the period9904 | €25,783 | €31,629 | €24,357 | €33,409 | €43,384 | ▲ 29.9% |
| Profit (loss) for the period to be appropriated9905 | €25,783 | €31,629 | €24,357 | €33,409 | €43,384 | ▲ 29.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €157,579 | €193,499 | €219,017 | €60,013 | €95,488 | ▲ 59.1% |
| Fixed assets21/28 | €2,975 | €2,507 | €1,496 | €944 | €1,248 | ▲ 32.2% |
| Tangible fixed assets22/27 | €2,950 | €2,482 | €1,471 | €919 | €1,223 | ▲ 33.1% |
| Furniture and vehicles24 | €2,950 | €2,482 | €1,471 | €919 | €1,223 | ▲ 33.1% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €154,604 | €190,992 | €217,521 | €59,069 | €94,240 | ▲ 59.5% |
| Amounts receivable within one year40/41 | €26,717 | €44,786 | €29,514 | €15,176 | €28,782 | ▲ 89.7% |
| Trade receivables40 | €26,717 | €27,443 | €28,314 | €13,976 | €28,707 | ▲ 105% |
| Other amounts receivable41 | €0 | €17,343 | €1,200 | €1,200 | €74 | ▼ 93.8% |
| Current investments50/53 | - | - | - | €5,000 | €49,792 | ▲ 896% |
| Cash at bank and in hand54/58 | €127,887 | €145,123 | €186,899 | €37,758 | €14,503 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | €0 | €1,083 | €1,109 | €1,135 | €1,163 | ▲ 2.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €157,579 | €193,499 | €219,017 | €60,013 | €95,488 | ▲ 59.1% |
| Equity10/15 | €148,014 | €192,043 | €216,400 | €54,809 | €88,193 | ▲ 60.9% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €139,954 | €171,583 | €195,940 | €34,349 | €67,733 | ▲ 97.2% |
| Amounts payable17/49 | €9,565 | €1,456 | €2,617 | €5,204 | €7,296 | ▲ 40.2% |
| Amounts payable within one year42/48 | €9,565 | €1,456 | €2,617 | €5,204 | €7,146 | ▲ 37.3% |
| Current portion of amounts payable after more than one year42 | €0 | €0 | - | - | €0 | - |
| Trade debts44 | €190 | €1,215 | - | - | €381 | - |
| Suppliers440/4 | €190 | €1,215 | - | - | €381 | - |
| Taxes, remuneration and social security45 | €2,005 | €0 | €2,376 | €4,911 | €6,511 | ▲ 32.6% |
| Taxes450/3 | €2,005 | €0 | €2,376 | €4,911 | €6,511 | ▲ 32.6% |
| Remuneration and social security454/9 | €0 | €0 | - | - | €0 | - |
| Other amounts payable47/48 | €7,370 | €242 | €242 | €293 | €253 | ▼ 13.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €150 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,783 | €31,629 | €24,357 | €33,409 | €43,384 | ▲ 29.9% |
| + Depreciation and write-downs630 | €577 | €988 | €1,012 | €955 | €686 | ▼ 28.1% |
| Operating cash flow (approximation) | €26,360 | €32,617 | €25,369 | €34,364 | €44,070 | ▲ 28.2% |
| Investment in fixed assets (approximation) | - | -€520 | €0 | -€403 | -€990 | ▼ 145% |
| Change in cash | - | €17,236 | €41,776 | -€149,141 | -€23,255 | ▲ 84.4% |
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
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Highest result since 2018net €43,384 ▲29.9%
Operating result €55,981, net result €43,384, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Equity above €200,000Eq €216,400 ▲12.7%
6 profitable years in a row build equity to €216,400.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 8current ratio 131.14
Current ratio from 16.16 to 131.14; short-term debt falls from €9,565 to €1,456.
31-12
Financial
Equity above €150,000Eq €192,043 ▲29.7%
5 profitable years in a row build equity to €192,043.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Equity above €100,000Eq €122,231 ▲42%
3 profitable years in a row build equity to €122,231.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €19,604 ▼49.2%
Net result drops to €19,604, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 17.77
Current ratio from 4.87 to 17.77; short-term debt falls from €16,568 to €6,005.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Rixensart · 1 establishment unit since 2017
Ground area
767 m²
Building footprint
132 m²
Volume, LiDAR
908 m³
Parcel 25092B0147/00T000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CELOE
since 20172.262.257.160
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25092B0147/00T000 | Wallonia | 767 m² | 1 · 132 m² | 9.0 m · 2 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 16,911 companies in sector 62100 we hold annual accounts for 8,786. 6,959 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
Founded10-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
46190Agents in non-specialised wholesale trade
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672584439
Also
9925:BE0672584439
Registered
28-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.