Summary
CEMLON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.44M and a net result of €33k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 57% of 6157 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
34 d early
2021
31 d early
2020
19 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.44M▲ 2.3%
2023 · €1.41M
2018: €1.29M
2019: €1.27M▼ -1.4% vs 2018lowest in 7 years
2020: €1.31M▲ +2.8% vs 2019
2021: €1.33M▲ +1.9% vs 2020
2022: €1.36M▲ +2.2% vs 2021
2023: €1.41M▲ +3.5% vs 2022
2024: €1.44M▲ +2.3% vs 2023highest in 7 years
2018 → 2024
Net result
€33k▼ 30.9%
2023 · €47k
2018: €83khighest in 7 years
2019: €-18k▼ -122% vs 2018lowest in 7 years
2020: €36k▲ +301% vs 2019
2021: €25k▼ -30.2% vs 2020
2022: €29k▲ +14.7% vs 2021
2023: €47k▲ +63.7% vs 2022
2024: €33k▼ -30.9% vs 2023
2018 → 2024
Total assets
€2.43M▼ 0.5%
2023 · €2.44M
2018: €2.02M
2019: €1.97M▼ -2.7% vs 2018lowest in 7 years
2020: €2.01M▲ +2.1% vs 2019
2021: €2.04M▲ +1.3% vs 2020
2022: €2.52M▲ +23.8% vs 2021highest in 7 years
2023: €2.44M▼ -3.2% vs 2022
2024: €2.43M▼ -0.5% vs 2023
2018 → 2024
Solvency
59.3%▲ 1.6pp
2023 · 57.7%
2018: 63.7%
2019: 64.6%▲ +1.3% vs 2018
2020: 65.0%▲ +0.7% vs 2019
2021: 65.4%▲ +0.7% vs 2020highest in 7 years
2022: 54.0%▼ -17.5% vs 2021lowest in 7 years
2023: 57.7%▲ +6.9% vs 2022
2024: 59.3%▲ +2.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.31M-€1.33M▲ 1.9%€1.36M▲ 2.2%€1.41M▲ 3.5%€1.44M▲ 2.3%
2020: €1.31Mlowest in 5 years
2021: €1.33M▲ +1.9% vs 2020
2022: €1.36M▲ +2.2% vs 2021
2023: €1.41M▲ +3.5% vs 2022
2024: €1.44M▲ +2.3% vs 2023highest in 5 years
Operating result€55k-€51k▼ 7.0%€41k▼ 19.5%€75k▲ 81.4%€80k▲ 6.2%
2020: €55k
2021: €51k▼ -7.0% vs 2020
2022: €41k▼ -19.5% vs 2021lowest in 5 years
2023: €75k▲ +81.4% vs 2022
2024: €80k▲ +6.2% vs 2023highest in 5 years
Net result€36k-€25k▼ 30.2%€29k▲ 14.7%€47k▲ 63.7%€33k▼ 30.9%
2020: €36k
2021: €25k▼ -30.2% vs 2020lowest in 5 years
2022: €29k▲ +14.7% vs 2021
2023: €47k▲ +63.7% vs 2022highest in 5 years
2024: €33k▼ -30.9% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.43M
Fixed assets
€2.19M ▲ 0.6%
Current assets
€241k ▼ 9.8%
Equity and liabilities €2.43M
Equity
€1.44M ▲ 2.3%
Debt
€988k ▼ 4.4%
Debt's share of the balance-sheet total falls from 42.3% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.3%▼
2023 · 3.4%
ROA
1.3%▼
2023 · 1.9%
Debt ≤ 1 year
€714k▼
2023 · €735k
Debt > 1 year
€274k▼
2023 · €298k
Income taxes
€19k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.44M€2.43M▼
Fixed assets21/28€2.18M€2.19M▲
Tangible fixed assets22/27€489k€503k▲
Land and buildings22€484k€501k▲
Furniture and vehicles24€5k€1k▼
Financial fixed assets28€1.69M€1.69M=
Current assets29/58€267k€241k▼
Amounts receivable within one year40/41€27k€31k▲
Trade receivables40€27k€28k▲
Other amounts receivable41-€4k
Current investments50/53€100k€55k▼
Cash at bank and in hand54/58€109k€115k▲
Deferred charges and accrued income490/1€31k€39k▲
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.43M▼
Equity10/15€1.41M€1.44M▲
Contributions10/11€20k€20k=
Reserves13€1.39M€1.42M▲
Distributable reserves133€1.39M€1.42M▲
Amounts payable17/49€1.03M€988k▼
Amounts payable after more than one year17€298k€274k▼
Financial debts170/4€298k€274k▼
Amounts payable within one year42/48€735k€714k▼
Current portion of amounts payable after more than one year42€23k€23k=
Financial debts43€390k€390k=
Credit institutions430/8€390k€390k=
Trade debts44€6k€13k▲
Suppliers440/4€6k€13k▲
Taxes, remuneration and social security45€19k€15k▼
Taxes450/3€19k€15k▼
Other amounts payable47/48€298k€272k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Other operating charges640/8€575€2k▲
Gross operating margin9900€99k€104k▲
Operating profit (loss)9901€75k€80k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€23k€29k▲
Recurring financial charges65€23k€29k▲
Profit (loss) for the period before taxes9903€52k€52k▼
Income taxes67/77€5k€19k▲
Profit (loss) for the period9904€47k€33k▼
Profit (loss) for the period to be appropriated9905€47k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€33k▼
Transfer to equity691/2€47k€33k▼
To other reserves6921€47k€33k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €15k | €23k | €22k | ▼ 7.5% |
| Other operating charges640/8 | - | €418 | €2k | €575 | €2k | ▲ 319% |
| Gross operating margin9900 | €61k | €55k | €58k | €99k | €104k | ▲ 4.8% |
| Operating profit (loss)9901 | €55k | €51k | €41k | €75k | €80k | ▲ 6.2% |
| Financial income75/76B | - | - | - | - | €2k | - |
| Recurring financial income75 | - | - | - | - | €2k | - |
| Financial charges65/66B | - | €12k | €15k | €23k | €29k | ▲ 29.3% |
| Recurring financial charges65 | €9k | €12k | €15k | €23k | €29k | ▲ 29.3% |
| Profit (loss) for the period before taxes9903 | €46k | €39k | €26k | €52k | €52k | ▼ 0.7% |
| Income taxes67/77 | €10k | €14k | €-3k | €5k | €19k | ▲ 284% |
| Profit (loss) for the period9904 | €36k | €25k | €29k | €47k | €33k | ▼ 30.9% |
| Profit (loss) for the period to be appropriated9905 | €36k | €25k | €29k | €47k | €33k | ▼ 30.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.01M | €2.04M | €2.52M | €2.44M | €2.43M | ▼ 0.5% |
| Fixed assets21/28 | €1.70M | €1.70M | €2.20M | €2.18M | €2.19M | ▲ 0.6% |
| Tangible fixed assets22/27 | €14k | €11k | €512k | €489k | €503k | ▲ 2.8% |
| Land and buildings22 | - | - | €504k | €484k | €501k | ▲ 3.5% |
| Furniture and vehicles24 | - | €11k | €8k | €5k | €1k | ▼ 67.5% |
| Financial fixed assets28 | €1.69M | €1.69M | €1.69M | €1.69M | €1.69M | = |
| Current assets29/58 | €311k | €340k | €323k | €267k | €241k | ▼ 9.8% |
| Amounts receivable within one year40/41 | €197k | €192k | €106k | €27k | €31k | ▲ 14.6% |
| Trade receivables40 | - | €29k | €24k | €27k | €28k | ▲ 1.7% |
| Other amounts receivable41 | - | €163k | €81k | - | €4k | - |
| Current investments50/53 | - | - | - | €100k | €55k | ▼ 45.4% |
| Cash at bank and in hand54/58 | €114k | €148k | €207k | €109k | €115k | ▲ 6.2% |
| Deferred charges and accrued income490/1 | - | - | €10k | €31k | €39k | ▲ 28.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.01M | €2.04M | €2.52M | €2.44M | €2.43M | ▼ 0.5% |
| Equity10/15 | €1.31M | €1.33M | €1.36M | €1.41M | €1.44M | ▲ 2.3% |
| Contributions10/11 | €19k | €19k | €19k | €20k | €20k | = |
| Capital10 | - | €19k | €19k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Reserves13 | €1.29M | €1.31M | €1.34M | €1.39M | €1.42M | ▲ 2.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €1.31M | €1.34M | €1.39M | €1.42M | ▲ 2.4% |
| Amounts payable17/49 | €704k | €704k | €1.16M | €1.03M | €988k | ▼ 4.4% |
| Amounts payable after more than one year17 | - | - | €321k | €298k | €274k | ▼ 7.8% |
| Financial debts170/4 | - | - | €321k | €298k | €274k | ▼ 7.8% |
| Amounts payable within one year42/48 | €704k | €704k | €839k | €735k | €714k | ▼ 2.9% |
| Current portion of amounts payable after more than one year42 | - | - | €23k | €23k | €23k | = |
| Financial debts43 | - | €390k | €390k | €390k | €390k | = |
| Credit institutions430/8 | - | €390k | €390k | €390k | €390k | = |
| Trade debts44 | €6k | - | €128k | €6k | €13k | ▲ 142% |
| Suppliers440/4 | - | - | €128k | €6k | €13k | ▲ 142% |
| Taxes, remuneration and social security45 | - | €18k | €6k | €19k | €15k | ▼ 22.0% |
| Taxes450/3 | - | €13k | €279 | €19k | €15k | ▼ 22.0% |
| Remuneration and social security454/9 | - | €5k | €5k | - | - | - |
| Other amounts payable47/48 | - | €296k | €292k | €298k | €272k | ▼ 8.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €25k | €29k | €47k | €33k | ▼ 30.9% |
| + Depreciation and write-downs630 | €2k | €3k | €15k | €23k | €22k | ▼ 7.5% |
| Operating cash flow (approximation) | €38k | €29k | €44k | €71k | €54k | ▼ 23.2% |
| Investment in fixed assets (approximation) | - | €0 | €-516k | €0 | €-35k | - |
| Change in cash | - | €34k | €59k | €-99k | €7k | ▲ 107% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kortrijk · 1 establishment unit since 2012
Ground area
170 m²
Building footprint
108 m²
Volume, LiDAR
807 m³
Parcel 34352A0021/00T003, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CEMLON
since 20122.206.276.282
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0021/00T003 | Flanders | 170 m² | 1 · 108 m² | 12.9 m · 3 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 24,727 companies in sector 64210 we hold annual accounts for 19,768. 11,866 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
Founded29-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.