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GROUP CELO

Active Private limited companyfounded 2018active for 8 yearsHerkenrodedreef 67, 3511 HasseltKBO/BCE: BE 0698.993.579

Lifetime

7 annual accounts with figures on one time axis
peak €59,444 (2019)
-€6,132▼ €46,747
lowest -€13,073 (2025)
-€13,073▼ €27,068
peak €127,791 (2024)
€114,718▼ 10.2%
€110,750▼ 18.7%
Board1 name since 2018
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €40,614 to -€6,132Loss of €13,073Debts from €136,200 to €110,750Cash from €8,120 to €250

Key points

from the 2025 annual accounts

Filings

7 annual accounts 61 days
AprilJune31 JulyOctober202020222024

Latest accounts filed late: after the legal deadline.

Position in the sector

-€13,073

Lower net result than 90% of companies in specialised construction. Sector median €9,997 · 37,222 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,445 companies had the same profile as GROUP CELO has now. Each dot stands for 9 companies, two years later.

89.9%
were still trading
7.6%
stopped another way
2.3%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,445 companies, not a prediction for GROUP CELO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 29-06-2018
  • founderdeed of 03-07-2018
Board & ownership

Recent changes

Appointment: (director) General meeting of 20-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0698993579
Incorporation Appointment: (manager) · Founder: · Founding capital of €18,600, 186 shares · published on 03-07-2018 · Gazette deed
First establishment Herkenrodedreef 67, Hasselt
All 14 events

Comparable companies

same main activity, similar in size and age
Company
GROUP CELO Hasselt €225,468 -€6,132 50.9% -
DE DAKGAST Heers €236,815 -€2,481 55.5% -
BATS Willebroek €256,294 -€82,033 -22.5% -
Dakwerken Johan Schruers Scherpenheuvel-Zichem €253,741 €742 58.1% -
J&W Dakwerken en Zonne-energie Temse €272,858 -€62,455 43.2% -
GOMIBAT CONSTRUCT Grimbergen €183,739 -€10,640 21.4% -
Daklift As €348,750 -€15,576 5.9% -

These companies have the same main activity as GROUP CELO: roofing work (NACE 43410). They are comparable in size and age: total assets between €184,000 and €349,000, founded between 2016 and 2020.

Official details

Source: KBO
Status
Active since 29-06-2018Normal situation
Activity
Roofing workNACE 43410and 4 others
Establishment unit
2.281.102.0823511 Hasselt, since 29-06-2018
Financial year end
31 December
Peppol
Reachable since 05-02-2026
Company details

Annual accounts 2025

€225,468▼ 14.6%
Filing
Filed on 30-09-2026
Financials

Insights on GROUP CELO

GROUP CELO files the micro format. That format states no turnover. The gross margin fell from €59,444 in 2019 to -€6,132 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GROUP CELO

What is the company number of GROUP CELO?
The company number of GROUP CELO is 0698.993.579. The VAT number is the same number with BE in front: BE 0698.993.579.
Where is GROUP CELO based?
The registered office is at Herkenrodedreef 67, 3511 Hasselt.Company details
What does GROUP CELO do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of GROUP CELO?
GROUP CELO is a private limited company (BV).
When was GROUP CELO founded?
GROUP CELO was founded on 29-06-2018.
Is GROUP CELO still active?
Yes, GROUP CELO is an active enterprise in the KBO register.
What is the turnover of GROUP CELO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is GROUP CELO profitable?
In financial year 2025, GROUP CELO made a loss of €13,073.
Where can I find the annual accounts of GROUP CELO?
GROUP CELO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GROUP CELO due?
GROUP CELO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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