Ceulemans Bjorn
ActiveSummary
Ceulemans Bjorn has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348k and a net result of €489k. Equity is growing by ~53.3% per year across the filed fiscal years. Its solvency ranks better than 14% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+14
Solvency38▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.0 in 2024; short-term debt: 83% and cash: 2.3% of total assets), and 86.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
13.2%
Return on assets
18.6%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-09-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
7 d early
2023
18 d early
2022
12 d early
2021
17 d early
2020
2 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€981k
EBIT margin
3.1%
Net result
€489k▲ 110%
2024 · €232k
2018: €9k
2019: €40k
2020: €2k
2021: €188k
2022: €26k
2023: €615k
2024: €232k
2018 → 2025
Working capital
€261k
2024 · €-3k
2018: €-2k
2019: €37k
2020: €22k
2021: €37k
2022: €59k
2023: €185k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€981k
Equity€46k-€71k▲ 56.0%€126k▲ 76.9%€159k▲ 25.7%€348k▲ 119%
Operating result€255k-€30k▼ 88.1%€852k▲ 2,711%€301k▼ 64.7%€727k▲ 141%
Net result€188k-€26k▼ 86.3%€615k▲ 2,299%€232k▼ 62.2%€489k▲ 110%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 141% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.63M
Fixed assets
€186k ▼ 6.9%
Current assets
€2.45M ▼ 19.5%
Equity and liabilities €2.63M
Equity
€348k ▲ 119%
Debt
€2.29M ▼ 25.9%
Debt's share of the balance-sheet total falls from 95.1% to 86.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€796k▲
2024 · €326k
Cash flow
€559k▲
2024 · €257k
Current ratio
1.12▲
2024 · 1.00
Quick ratio
0.90▲
2024 · 0.54
Debt to equity
6.57▼
2024 · 19.43
ROE
140.6%▼
2024 · 146.4%
ROA
18.6%▲
2024 · 7.2%
Interest coverage
13.79▲
2024 · 6.90
Debt ≤ 1 year
€2.19M▼
2024 · €3.05M
Debt > 1 year
€37k▼
2024 · €38k
Income taxes
€190k▲
2024 · €88k
Staff costs
€600k▲
2024 · €425k
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 · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.24M€2.63M▼
Fixed assets21/28€200k€186k▼
Tangible fixed assets22/27€185k€156k▼
Plant, machinery and equipment23€25k€22k▼
Furniture and vehicles24€148k€125k▼
Other tangible fixed assets26€12k€10k▼
Financial fixed assets28€15k€30k▲
Current assets29/58€3.04M€2.45M▼
Stocks and contracts in progress3€1.40M€475k▼
Stocks30/36€754k€254k▼
Contracts in progress37€650k€221k▼
Amounts receivable within one year40/41€1.28M€1.91M▲
Trade receivables40€544k€1.15M▲
Other amounts receivable41€734k€759k▲
Cash at bank and in hand54/58€349k€61k▼
Deferred charges and accrued income490/1€12k€0▼
Equity and liabilities
Total equity and liabilities10/49€3.24M€2.63M▼
Equity10/15€159k€348k▲
Contributions10/11€12k€12k=
Reserves13€146k€336k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€144k€334k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€3.08M€2.29M▼
Amounts payable after more than one year17€38k€37k▼
Financial debts170/4€38k€26k▼
Other amounts payable178/9-€11k
Amounts payable within one year42/48€3.05M€2.19M▼
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€671k€821k▲
Credit institutions430/8€671k€821k▲
Trade debts44€1.11M€956k▼
Suppliers440/4€1.11M€956k▼
Advances received on contracts in progress46€946k€0▼
Taxes, remuneration and social security45€80k€74k▼
Taxes450/3€40k€19k▼
Remuneration and social security454/9€40k€55k▲
Other amounts payable47/48€228k€324k▲
Accrued charges and deferred income492/3€0€63k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€425k€600k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€69k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€38k€0▼
Other operating charges640/8€14k€38k▲
Gross operating margin9900€802k€1.43M▲
Operating profit (loss)9901€301k€727k▲
Financial income75/76B€67k€10k▼
Recurring financial income75€67k€10k▼
Financial charges65/66B€47k€58k▲
Recurring financial charges65€47k€58k▲
Profit (loss) for the period before taxes9903€321k€679k▲
Income taxes67/77€88k€190k▲
Profit (loss) for the period9904€232k€489k▲
Profit (loss) for the period to be appropriated9905€232k€489k▲
Appropriation of the result
Profit (loss) to be appropriated9906€232k€489k▲
Transfer to equity691/2€32k€189k▲
To other reserves6921€32k€189k▲
Profit to be distributed694/7€200k€300k▲
Return on contributions (dividend)694€200k€300k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 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
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €200kEq €348k ▲119%
8 profitable years in a row build equity to €348k.
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €150kEq €159k ▲25.7%
7 profitable years in a row build equity to €159k.
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2018net €615k ▲2299%
Operating result €852k, net result €615k, both a record.
31-03
Financial
Equity above €100kEq €126k ▲76.9%
6 profitable years in a row build equity to €126k.
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €2k ▼96.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-03
Financial
Liquidity times 183current ratio 1.79
Current ratio from 0.01 to 1.79.
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Bornem · 1 establishment unit since 2007
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.
Reedonk(BOR) 192880 BornemGround area
2,437 m²
Building footprint
1,084 m²
Volume, LiDAR
7,179 m³
Parcel 12007C0067/00D000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ceulemans Bjorn
since 20072.161.332.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0067/00D000 | Flanders | 2,436 m² | 1 · 1,084 m² | 7.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 261 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 261 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
9 categoriesCeulemans Bjorn BV45977
Legal Entity Identifier
875500ZB7W5KRWZQYO38
Similar companies · same sector, comparable size
A2Z RENOVATIE
BE 0463.779.764
Zedelgem · Eq €348,814
INVEST CLEANING
BE 0478.726.573
Kortrijk · Eq €348,881
DB Services
BE 0541.432.620
Aalst · Eq €349,035
EXIMIUS
BE 0479.387.658
Beringen · Eq €350,158
ALL HYGIENE COMPANY
BE 0892.495.812
Anderlecht · Eq €345,463
Of 7,293 companies in sector 43350 we hold annual accounts for 2,363. 1,514 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2007
Fiscal year end31-03
Activities, NACEBEL 2025
43350Other building finishing work
81220Other building cleaning and industrial cleaning
43310Plastering work
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.