ENOCEL
ActiveSummary
ENOCEL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,812 and a net result of €38,706. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+10
Solvency86▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 3.03 in 2024; short-term debt: 38.8% and cash: 15.7% of total assets), and 38.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
Crop and animal production, hunting and related service activities (NACE 01)
about 70% 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
61.2%
Return on assets
34.9%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
45 d early
2023
30 d early
2022
16 d early
2021
67 d early
2020
46 d early
2019
50 d early
← 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 36 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38,706▲ 139%
2024 · €16,187
Working capital
€67,179▲ 7.5%
2024 · €62,478
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service 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€9,129▼ 55.8%€7,851▼ 14.0%€16,333▲ 108%€22,982▲ 40.7%€52,011▲ 126%
Net result€4,750within the sector's middle half▼ 64.6%€3,738within the sector's middle half▼ 21.3%€11,716within the sector's middle half▲ 213%€16,187within the sector's middle half▲ 38.2%€38,706above the sector's middle half▲ 139%
Equity€74,166within the sector's middle half▲ 6.8%€57,904below the sector's middle half▼ 21.9%€57,919within the sector's middle half=€64,106within the sector's middle half▲ 10.7%€67,812within the sector's middle half▲ 5.8%
Total assets€87,946below the sector's middle half▼ 0.7%€87,110below the sector's middle half▼ 1.0%€81,803below the sector's middle half▼ 6.1%€94,858below the sector's middle half▲ 16.0%€110,800below the sector's middle half▲ 16.8%
Debt€13,780▼ 28.0%€29,206▲ 112%€23,884▼ 18.2%€30,752▲ 28.8%€42,988▲ 39.8%
Working capital€67,392▲ 8.6%€54,808▼ 18.7%€56,014▲ 2.2%€62,478▲ 11.5%€67,179▲ 7.5%
Solvency84.3%above the sector's middle half▲ 6.0pp66.5%above the sector's middle half▼ 17.9pp70.8%above the sector's middle half▲ 4.3pp67.6%above the sector's middle half▼ 3.2pp61.2%within the sector's middle half▼ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 126% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,800
Fixed assets
€633 ▼ 61.1%
Current assets
€110,167 ▲ 18.2%
Equity and liabilities €110,800
Equity
€67,812 ▲ 5.8%
Debt
€42,988 ▲ 39.8%
Debt's share of the balance-sheet total rises from 32.4% to 38.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53,007▲
2024 · €24,672
Cash flow
€39,702▲
2024 · €17,877
Current ratio
2.56▼
2024 · 3.03
Quick ratio
1.32▲
2024 · 1.22
Debt to equity
0.63▲
2024 · 0.48
ROE
57.1%▲
2024 · 25.2%
ROA
34.9%▲
2024 · 17.1%
Interest coverage
245.74▲
2024 · 165.67
Debt ≤ 1 year
€42,988▲
2024 · €30,752
Income taxes
€13,089▲
2024 · €6,647
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 34,672 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 | €3,355 | €3,678 | €2,764 | €1,690 | €996 | ▼ 41.1% |
| Other operating charges640/8 | €468 | €749 | €442 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €12,951 | €12,278 | €19,540 | €25,060 | €53,406 | ▲ 113% |
| Operating profit (loss)9901 | €9,129 | €7,851 | €16,333 | €22,982 | €52,011 | ▲ 126% |
| Financial charges65/66B | €149 | €135 | €120 | €149 | €216 | ▲ 44.8% |
| Recurring financial charges65 | €149 | €135 | €120 | €149 | €216 | ▲ 44.8% |
| Profit (loss) for the period before taxes9903 | €8,980 | €7,717 | €16,213 | €22,833 | €51,796 | ▲ 127% |
| Income taxes67/77 | €4,229 | €3,979 | €4,497 | €6,647 | €13,089 | ▲ 96.9% |
| Profit (loss) for the period9904 | €4,750 | €3,738 | €11,716 | €16,187 | €38,706 | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €4,750 | €3,738 | €11,716 | €16,187 | €38,706 | ▲ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,946 | €87,110 | €81,803 | €94,858 | €110,800 | ▲ 16.8% |
| Fixed assets21/28 | €6,774 | €3,096 | €1,906 | €1,628 | €633 | ▼ 61.1% |
| Tangible fixed assets22/27 | €6,774 | €3,096 | €1,906 | €1,628 | €633 | ▼ 61.1% |
| Furniture and vehicles24 | €6,774 | €3,096 | €1,906 | €1,628 | €633 | ▼ 61.1% |
| Current assets29/58 | €81,172 | €84,014 | €79,897 | €93,230 | €110,167 | ▲ 18.2% |
| Stocks and contracts in progress3 | €38,275 | €38,275 | €38,275 | €55,623 | €53,223 | ▼ 4.3% |
| Stocks30/36 | €38,275 | €38,275 | €38,275 | €55,623 | €53,223 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €40,471 | €35,452 | €32,052 | €34,038 | €39,529 | ▲ 16.1% |
| Trade receivables40 | €39,552 | €35,452 | €32,052 | €34,038 | €30,529 | ▼ 10.3% |
| Other amounts receivable41 | €920 | - | - | - | €9,000 | - |
| Cash at bank and in hand54/58 | €2,426 | €10,288 | €9,571 | €3,569 | €17,415 | ▲ 388% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,946 | €87,110 | €81,803 | €94,858 | €110,800 | ▲ 16.8% |
| Equity10/15 | €74,166 | €57,904 | €57,919 | €64,106 | €67,812 | ▲ 5.8% |
| Contributions10/11 | €6,200 | €6,200 | €8,060 | €8,060 | €8,060 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €61,360 | €49,360 | €47,500 | €53,500 | €53,500 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €59,500 | €47,500 | €47,500 | €53,500 | €53,500 | = |
| Profit (loss) carried forward14 | €6,606 | €2,344 | €2,359 | €2,546 | €6,252 | ▲ 146% |
| Amounts payable17/49 | €13,780 | €29,206 | €23,884 | €30,752 | €42,988 | ▲ 39.8% |
| Amounts payable within one year42/48 | €13,780 | €29,206 | €23,884 | €30,752 | €42,988 | ▲ 39.8% |
| Trade debts44 | €2,415 | €1,224 | €1,200 | €1,356 | €4,615 | ▲ 240% |
| Suppliers440/4 | €2,415 | €1,224 | €1,200 | €1,356 | €4,615 | ▲ 240% |
| Advances received on contracts in progress46 | - | - | - | €2,423 | - | - |
| Taxes, remuneration and social security45 | €11,291 | €24,806 | €22,304 | €26,934 | €38,334 | ▲ 42.3% |
| Taxes450/3 | €11,291 | €24,806 | €22,304 | €26,934 | €38,334 | ▲ 42.3% |
| Other amounts payable47/48 | €74 | €3,176 | €380 | €39 | €39 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,750 | €3,738 | €11,716 | €16,187 | €38,706 | ▲ 139% |
| + Depreciation and write-downs630 | €3,355 | €3,678 | €2,764 | €1,690 | €996 | ▼ 41.1% |
| Operating cash flow (approximation) | €8,105 | €7,416 | €14,480 | €17,877 | €39,702 | ▲ 122% |
| Investment in fixed assets (approximation) | - | €0 | -€1,574 | -€1,413 | €0 | ▲ 100% |
| Change in cash | - | €7,862 | -€717 | -€6,002 | €13,846 | ▲ 331% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €38,706 ▲139%
Operating result €52,011, net result €38,706, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €3,738 ▼21.3%
Net result drops to €3,738, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gembloux · 1 establishment unit since 2010
Ground area
8.1 ha
Building footprint
1.4 ha
Volume, LiDAR
503 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAURART
since 20102.194.111.789
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0287/00F000 | Wallonia | 7.8 ha | 1 · 1.4 ha | - |
| 25103E0569/00T000 | Wallonia | 2,931 m² | 1 · 86 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Rising Up
BE 1000.902.616
Beveren-Kruibeke-Zwijndrecht · Eq €69,430
ANIMAL'S PARADISE
BE 0635.634.367
Oudenburg · Eq €70,158
Rainier'S
BE 0456.125.474
Le Roeulx · Eq €64,438
ENTOFACT
BE 0685.775.647
Deerlijk · Eq €62,538
GPG
BE 0896.577.829
Mol · Eq €61,583
Of 1,705 companies in sector 01480 we hold annual accounts for 161. 119 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
Founded26-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
01480Raising of other animals
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
68310Real estate agency activities
82300Organisation of conventions and trade shows
Contact
Website
www.enocel.com
E-mail
contact@enocel.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830725024
Also
9925:BE0830725024
Registered
29-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.