SUCELLUS
ActiveSummary
SUCELLUS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,753 and a net result of €959. Equity has been growing by about 8.4% per year since 2023. Its solvency ranks better than 79% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-01-2023 Normal situation
- Activity
- Retail sale of wines and spirits NACE 47251
- Establishment unit
- 2.341.049.270 4020 Liège, since 02-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Board and ownership
- DE TURCK Johan Adolphe AdèleDirector · since 25-01-2023
- Salvatore ROMANODirector · since 25-01-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €1,746
- ▼ 13.8%
- Turnover
- ≈ €25,000
- estimated
- Profit
- €959
- ▲ 38.6%
- Equity
- €10,753
- ▲ 9.8%
- Total assets
- €16,244
- ▲ 10.2%
Score breakdownraises riskSize: total assets €16,244Founded in 2023lowers riskLiquidity: current ratio 2.76, cash €5,619Figures for financial year 2025 (filed on 07-07-2026)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 78% of them on solvency, 83% on liquidity, 53% on profitability and 60% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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
The company filed its last 3 accounts on average 54 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 2% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €2,740 | - | - |
| Depreciation and write-downs of the year | €270 | €685 | €685 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SUCELLUS: retail sale of wines and spirits (NACE 47251). They are comparable in size and age: total assets between €13,800 and €22,900, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| SUCELLUS Liège | 2023 | €16,244 | €10,753 | €1,746 | €959 | 2025 |
| MEANDER SPIRITS Sint-Martens-Latem | 2023 | €14,807 | €8,340 | -€131 | -€725 | 2025 |
| SOUL OF WINE Ninove | 2023 | €16,396 | €5,140 | €406 | -€2,513 | 2025 |
| Kivu GROUP La Louvière | 2023 | €21,597 | -€6,253 | €1,262 | €600 | 2025 |
| Wild Things Happen Anderlecht | 2022 | €20,220 | -€11,222 | -€3,469 | -€4,846 | 2025 |
| BLU DIVINO La Bruyère | 2023 | €13,774 | €4,213 | €3,109 | €2,170 | 2025 |
| Moncellier.eu Wavre | 2022 | €22,864 | €10,699 | -€3,151 | -€5,941 | 2025 |
They were chosen from the 440 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as SUCELLUS has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of SUCELLUS itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 39,278 companies, not a prediction for SUCELLUS. 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €9,104 | €10,951 | €24,065 | ▲ 120% |
| Remuneration, social security and pensions62 | - | €323 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €270 | €685 | €685 | = |
| Other operating charges640/8 | - | - | €20 | - |
| Gross operating margin9900 | -€263 | €2,026 | €1,746 | ▼ 13.8% |
| Operating profit (loss)9901 | -€533 | €1,017 | €1,040 | ▲ 2.3% |
| Financial income75/76B | - | €0 | €238 | ▲ 1,035× |
| Recurring financial income75 | - | €0 | €238 | ▲ 1,035× |
| Financial charges65/66B | €364 | €326 | €320 | ▼ 1.9% |
| Recurring financial charges65 | €364 | €326 | €320 | ▼ 1.9% |
| Profit (loss) for the period before taxes9903 | -€898 | €692 | €959 | ▲ 38.6% |
| Profit (loss) for the period9904 | -€898 | €692 | €959 | ▲ 38.6% |
| Profit (loss) for the period to be appropriated9905 | -€898 | €692 | €959 | ▲ 38.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €12,823 | €14,742 | €16,244 | ▲ 10.2% |
| Fixed assets21/28 | €2,470 | €1,785 | €1,100 | ▼ 38.4% |
| Tangible fixed assets22/27 | €2,470 | €1,785 | €1,100 | ▼ 38.4% |
| Furniture and vehicles24 | €2,470 | €1,785 | €1,100 | ▼ 38.4% |
| Current assets29/58 | €10,353 | €12,958 | €15,145 | ▲ 16.9% |
| Stocks and contracts in progress3 | €3,863 | €4,935 | €7,449 | ▲ 50.9% |
| Stocks30/36 | €3,863 | €4,935 | €7,449 | ▲ 50.9% |
| Amounts receivable within one year40/41 | €1,629 | €4,809 | €2,077 | ▼ 56.8% |
| Trade receivables40 | €1,629 | €4,809 | €2,077 | ▼ 56.8% |
| Cash at bank and in hand54/58 | €4,862 | €3,214 | €5,619 | ▲ 74.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €12,823 | €14,742 | €16,244 | ▲ 10.2% |
| Equity10/15 | €9,102 | €9,794 | €10,753 | ▲ 9.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Capital10 | €10,000 | €10,000 | €10,000 | = |
| Issued capital100 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | - | €753 | - |
| Distributable reserves133 | - | - | €753 | - |
| Profit (loss) carried forward14 | -€898 | -€206 | - | - |
| Amounts payable17/49 | €3,721 | €4,948 | €5,491 | ▲ 11.0% |
| Amounts payable within one year42/48 | €3,721 | €4,948 | €5,491 | ▲ 11.0% |
| Trade debts44 | €3,370 | €4,616 | €4,866 | ▲ 5.4% |
| Suppliers440/4 | €3,370 | €4,616 | €4,866 | ▲ 5.4% |
| Taxes, remuneration and social security45 | €351 | €332 | €78 | ▼ 76.6% |
| Taxes450/3 | €351 | €332 | €78 | ▼ 76.6% |
| Other amounts payable47/48 | - | - | €548 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€898 | €692 | €959 | ▲ 38.6% |
| + Depreciation and write-downs630 | €270 | €685 | €685 | = |
| Operating cash flow (approximation) | -€627 | €1,377 | €1,644 | ▲ 19.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€1,648 | €2,405 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- ROMANO Salvatore 50 shares (50%) · €5,000
- DE TURCK Johan Adolphe Adèle 50 shares (50%) · €5,000
Capital transactions
- 27-01-2023 Incorporation · €10,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE TURCK Johan Adolphe Adèle |
|
| Salvatore ROMANO |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Entre vifs ou mort,sans agrément,à actionnaire,conjoint du cédant ou testateur,ascendants ou descendants en ligne directe, moitié…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 27-01-2023 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
27-01
Gazette deed
IncorporationStarting capital €10,000 · Appointments: ROMANO Salvatore (director) and DE TURCK Johan Adolphe Adèle (director) · Founder16 points ▸
- Incorporation, 24-01-2023
- Founder, ROMANO Salvatore
- Founder, DE TURCK Johan Adolphe Adèle
- Founding capital, €10,000
- Other provision, “par les fondateurs au notaire, plan financier” (deed in French)
- Other provision, “faillite dans les trois ans de la constitution, responsabilité du fondateur” (deed in French)
- Bank account, 10000, “versement en espèces” (deed in French)
- Capital
- Registered office clause, “4020 Liège,Boulevard Douai,30” (deed in French)
- Other provision, “toute communication vers cette adresse par actionnaires,titulaires de titres émis et titulaires de certificats émis avec collaboration société réputée intervenu…” (deed in French)
- Board rule, 2
- Director appointment, ROMANO Salvatore (director (not named in the articles))
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
5 activities
- À l’achat,la vente,l’importation,l’exportation,la distribution,le négoce et,d’une manière générale,toutes opérations commerciales et industrielles,en ce compris la commercialisation de vins,spiritueux,champagnes et boissons non alcoolisées,et exploitation de tous produits se rapportant à l’objet de la société
- Aux activités d’intermédiaire commercial en spiritueux,boissons et denrées de tous types
- Aux activités de promotion des produits viticoles,de la viticulture et de l’œnologie au sens large
- Aux activités d'organisation de réunions,de manifestations,de colloques,d'événements promotionnels,de dégustations,de séminaires,de voyages,de déjeuners ou de dîners dans tout domaine et notamment les domaines précités
- Aux activités de coaching,conseil,consultance,formation,expertise technique et assistance dans tout domaine et notamment les domaines précités
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
Bld de Douai 304020 Liège