CEULEMANS SLACENTER
ActiveCEULEMANS SLACENTER has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.33M and a net result of €-539k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 17% of 1722 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-35
Solvency40▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.77 in 2024; short-term debt: 33% and cash: 0% of total assets), and 85.1% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
14.9%
Return on assets
-6%
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 17% of 1722 sector peers (2025).
NBB · sector comparisonPosition among 1722 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
19 d late
2023
51 d late
2022
on the day
2021
68 d late
2020
on the day
2019
44 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.33M▼ 28.9%
2024 · €1.87M
2018: €1.01M
2019: €829k
2020: €661k
2021: €669k
2022: €763k
2023: €1.76M
2024: €1.87M
2018 → 2025
Total assets
€8.93M▼ 21.2%
2024 · €11.33M
2018: €3.27M
2019: €5.41M
2020: €11.44M
2021: €10.86M
2022: €11.12M
2023: €11.69M
2024: €11.33M
2018 → 2025
Net result
€-539k
2024 · €112k
2018: €-276k
2019: €-217k
2020: €-776k
2021: €8k
2022: €94k
2023: €993k
2024: €112k
2018 → 2025
Working capital
€-1.33M▼ 34.4%
2024 · €-992k
2018: €959k
2019: €-1.81M
2020: €-2.48M
2021: €-2.43M
2022: €-2.50M
2023: €-1.21M
2024: €-992k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€669k-€763k▲ 14.0%€1.76M▲ 130%€1.87M▲ 6.4%€1.33M▼ 28.9%
Operating result€209k-€246k▲ 17.7%€1.15M▲ 366%€281k▼ 75.5%€-409k
Net result€8k-€94k▲ 1,007%€993k▲ 959%€112k▼ 88.7%€-539k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €409k after €281k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.93M
Fixed assets
€7.32M▼ 9.3%
Current assets
€1.61M▼ 50.6%
Equity and liabilities €8.93M
Equity
€1.33M▼ 28.9%
Debt
€7.60M▼ 19.7%
The debt ratio rises from 83.5% to 85.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€382k▼
2024 · €1.06M
Cash flow
€251k▼
2024 · €886k
Solvency
14.9%▼
2024 · 16.5%
Current ratio
0.55▼
2024 · 0.77
Quick ratio
0.44▼
2024 · 0.69
Debt / equity
5.72▲
2024 · 5.07
ROE
-40.6%▼
2024 · 6.0%
ROA
-6.0%▼
2024 · 1.0%
Interest coverage
2.82▼
2024 · 7.29
Debt
€7.60M▼
2024 · €9.47M
Debt ≤ 1 year
€2.95M▼
2024 · €4.26M
Debt > 1 year
€4.65M▼
2024 · €5.21M
Income taxes
€-5k▼
2024 · €25k
Staff costs
€786k▲
2024 · €749k
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€11.33M€8.93M▼
Fixed assets21/28€8.07M€7.32M▼
Tangible fixed assets22/27€8.07M€7.31M▼
Land and buildings22€7.03M€6.40M▼
Plant, machinery and equipment23€1.02M€903k▼
Furniture and vehicles24€15k€8k▼
Financial fixed assets28€2k€2k=
Current assets29/58€3.27M€1.61M▼
Amounts receivable after more than one year29€7k€21k▲
Other amounts receivable291€7k€21k▲
Stocks and contracts in progress3€309k€323k▲
Stocks30/36€309k€323k▲
Amounts receivable within one year40/41€2.94M€1.26M▼
Trade receivables40€2.79M€840k▼
Other amounts receivable41€152k€423k▲
Current investments50/53€8€8=
Cash at bank and in hand54/58€10k€4k▼
Equity and liabilities
Total equity and liabilities10/49€11.33M€8.93M▼
Equity10/15€1.87M€1.33M▼
Contributions10/11€720k€720k=
Revaluation surpluses12€119k€119k=
Reserves13€388k€388k=
Distributable reserves133€388k€388k=
Profit (loss) carried forward14€641k€102k▼
Amounts payable17/49€9.47M€7.60M▼
Amounts payable after more than one year17€5.21M€4.65M▼
Financial debts170/4€5.21M€4.65M▼
Amounts payable within one year42/48€4.26M€2.95M▼
Current portion of amounts payable after more than one year42€543k€555k▲
Financial debts43€88k€201k▲
Credit institutions430/8€88k€201k▲
Trade debts44€712k€740k▲
Suppliers440/4€712k€740k▲
Taxes, remuneration and social security45€89k€124k▲
Taxes450/3€2k€24k▲
Remuneration and social security454/9€87k€100k▲
Other amounts payable47/48€2.83M€1.33M▼
Income statement
Code20242025
Non-recurring operating income76A-€413
Remuneration, social security and pensions62€749k€786k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€774k€790k▲
Other operating charges640/8€59k€75k▲
Gross operating margin9900€1.86M€1.24M▼
Operating profit (loss)9901€281k€-409k▼
Financial income75/76B€225€68▼
Recurring financial income75€225€68▼
Financial charges65/66B€145k€135k▼
Recurring financial charges65€145k€135k▼
Profit (loss) for the period before taxes9903€137k€-544k▼
Income taxes67/77€25k€-5k▼
Profit (loss) for the period9904€112k€-539k▼
Profit (loss) for the period to be appropriated9905€112k€-539k▼
Appropriation of the result
Profit (loss) to be appropriated9906€641k€102k▼
Profit (loss) brought forward from the previous period14P€529k€641k▲
Social balance
Average headcount (FTE)908717.517.1▼
The notes to these accounts (23 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 51 days late
2023
31-12
Financial
Highest result since 2018net €993k ▲959%
Operating result €1.15M, net result €993k, both a record.
31-12
Financial
Equity above €1MEq €1.76M ▲130%
3 profitable years in a row build equity to €1.76M.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 68 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-776k
Net result drops to €-776k, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 93 days late
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 36 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 137 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Katelijne-Waver · 1 establishment unit since 1998
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.
Hageweg 152860 Sint-Katelijne-WaverGround area
1,703 m²
Building footprint
1,589 m²
Volume, LiDAR
11,669 m³
Parcel 12035B0477/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hageweg 15, 2860 Sint-Katelijne-Waver
since 19982.085.307.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0477/00P000 | Flanders | 1,702 m² | 1 · 1,589 m² | 7.9 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
2022 to 2024 · 2 entries · 9,099 EUR awarded · 9,099 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 9,099 EUR |
| 2022 | 1 | 9,099 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Katelijne-Waver2.085.307.384
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Of 3,625 companies in sector 01130 we hold annual accounts for 789. 567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-1998
Fiscal year end31-12
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.groep-ceulemans.be
E-mail:info@groep-ceulemans.be