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MAISONCELLE

Active Private limited companyfounded 1997active for 28 yearsFerme de Maisoncelle 2, 5650 WalcourtKBO/BCE: BE 0462.164.517 #4 oldest company in Walcourt, Agriculture, forestry and fishing sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
Gross marginpeak €97,232 (2022)
€61,894▲ 25.2%
Resultlowest -€15,467 (2011)
€15,854▲ 61.2%
Equitypeak €301,413 (2025)
€301,413▲ 5.6%
Debts
€84,459▼ 2.9%
Board5 names since 1997
2 directorsChristophe Guillaume CLAUSE and 1 other
Owners2 names in the annual accounts
50%CHRISTOPHE CLAUSE and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025abbreviated format
Gross margin from €49,454 to €61,894Result from €9,834 to €15,854Cash from €132,928 to €213,722

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The accounts state no turnover.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2025 accounts came latest: 30 days after the end of the period.

Position in the sector

78.1%

Higher solvency than 83% of companies in crop and animal production. Sector median 40.7% · 2,075 companies.

Checked score

97
Excellent
Financially stronger than 74% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 5,695 companies (NACE 01, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
100=equity 78.1% of total assets
Liquidity
98+3short-term debt 13.3% · cash 55.4%
Profitability
74+2return on assets 4.1%

Score breakdown

lowers risk
Liquidity: current ratio 4.55, cash €213,722
Equity €301,413 (78.1% of total assets)
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Founded in 1997
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 92% of them on solvency, 96% on liquidity, 59% on profitability and 51% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as MAISONCELLE has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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

That fits the bankruptcy probability of MAISONCELLE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 3.0% 3.1%
10 5.6% 6.2%

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 17,041 companies, not a prediction for MAISONCELLE. 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

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.55 (5.24 in 2024), above the usual 1.5. Short-term debt is 13.3% and cash 55.4% of total assets. 21.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.55, cash €213,722
NBB · annual accounts
lowers risk · Equity €301,413 (78.1% of total assets)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
30 days late
2024
25 days late
2023
43 days early
2022
36 days early
2021
55 days early
2020
51 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CG
Director, since 29-12-2023
SM
Director, since 29-12-2023
  • CHRISTOPHE CLAUSE 50%annual accounts 2025
  • SYLVAIN CLAUSE 50%annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0462164517
2 directors appointed, 3 managers resigning Resignations: Benoit Emile Marie Ghislain CLAUSE, Roger Léon Marcel Ghislain CLAUSE and René Joseph Ghislain CLAUSE · Appointments: Christophe Guillaume CLAUSE (director) and Sylvain Marcel Lucie CLAUSE (director) · Director discharge: Benoit Emile Marie Ghislain CLAUSE (statutory manager) · General meeting of 29-12-2023 · Gazette deed
First establishment Ferme de Maisoncelle 2, Walcourt
Incorporation published on 31-12-1997 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
MAISONCELLE Walcourt €385,872 €61,894 78.1% -
BOIS DU HETRE Durbuy €425,646 €123,032 47.1% -
DE BEEKHOEVE Harelbeke €390,958 €139,736 45.3% -
Cavalin Heuvelland €507,836 €147,417 26.8% -
S.A.T.E.L. Chimay €298,929 €167,799 60.1% -
LA HAIE AUX RENARDS Huy €146,752 €51,498 64.9% -
DIEBEN Kinrooi €442,691 €31,354 -497.4% 0

These companies have the same main activity as MAISONCELLE: crop and animal production, hunting and related service activities (NACE 01479). They are comparable in size and age: total assets between €147,000 and €508,000, founded between 1991 and 2008.

Official details

Source: KBO
Status
Active since 19-12-1997Normal situation
Activity
Crop and animal production, hunting and related service activitiesNACE 01479and 1 other
Establishment unit
2.085.152.9765650 Walcourt, since 26-01-1998
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

Total assets
€385,872▲ 3.6%
Filing
Filed on 30-08-2026
Financials

Insights on MAISONCELLE

MAISONCELLE files the abbreviated format. That format states no turnover. The gross margin rose from €25,285 in 2006 to €61,894 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 MAISONCELLE

What is the company number of MAISONCELLE?
The company number of MAISONCELLE is 0462.164.517. The VAT number is the same number with BE in front: BE 0462.164.517.
Where is MAISONCELLE based?
The registered office is at Ferme de Maisoncelle 2, 5650 Walcourt.Company details
What does MAISONCELLE do?
According to the KBO register, the main activity is crop and animal production, hunting and related service activities (NACE 01479).
What is the legal form of MAISONCELLE?
MAISONCELLE is a private limited company (BV).
When was MAISONCELLE founded?
MAISONCELLE was founded on 19-12-1997.
Is MAISONCELLE still active?
Yes, MAISONCELLE is an active enterprise in the KBO register.
What is the turnover of MAISONCELLE?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €61,894 and 45 comparable companies (NACE 01). It probably lies between €110,000 and €250,000.Financials
Is MAISONCELLE profitable?
In financial year 2025, MAISONCELLE made a profit of €15,854.
Where can I find the annual accounts of MAISONCELLE?
MAISONCELLE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAISONCELLE due?
MAISONCELLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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