Equity
€5.0m ▲ 6.3%
Celis Management has made a profit without a break since 2009.
Celis Management
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €1.0m (2023)
€400,452▼ 27.3%
lowest -€43,807 (2008)
€298,132▼ 24.5%
peak €5.3m (2021)
€5.0m▲ 6.3%
€1.6m▲ 0.7%
Board6 names since 2021
3 directorsIo Stockmans and 2 others
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Gross margin from €550,466 to €400,452Cash from €418,422 to €1.1m
Key points
from the 2025 annual accountsFilings
21 annual accounts 22 filings since 2005
Four of the last ten came late. The 2019 accounts came latest: 13 days after the end of the period.
Position in the sector
€5.0m
More equity than 92% of companies in head offices and management consultancy. Sector median €323,523 · 10,857 companies.
Checked score
97
Excellent
Financially stronger than 73% of small companies in head offices and management consultancy (NACE 70)
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 4,523 companies (NACE 70, small).
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: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: < 0.1%● unchanged 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 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €6.6m
Figures for financial year 2025 (filed on 03-07-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €5.0m (75.7% of total assets)
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 70, small). It does better than 85% of them on solvency, 82% on liquidity, 68% on profitability and 56% on growth.
The bankruptcy probability was computed on 06-11-2026 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).
Credit verdict
Credit of up to €480,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (1.01 in 2024), below the usual 1.5. Short-term debt is 24.3% and cash 16.2% of total assets. 24.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
31 days early
2023
12 days late
2022
7 days late
2021
10 days late
2021
49 days late
2020
16 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 on the deadline day. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 7 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MB
Marcelsio bv
Managing director
VM
VANOVERSTRAETEN Marc
Director, since 26-08-2021
- MARCELSIO BV all the sharesdeed of 21-12-2021
Shares in 2 companies, CELIS CARS and CELIS HASSELT
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861861331
Merger: V.D.B. takes over TR Management
Company renamed from V.D.B. to Celis Management · Capital increase of €61,973.38 to €123,973.38 · Capital from €62,000 to €123,973.38, 250 new shares · General meeting of 27-01-2022 · Gazette deed
Merger proposal: V.D.B. takes over TR MANAGEMENT NV
Appointment: EuraAudit de Ghellinck (statutory auditor) · MARCELSIO BV holds all the shares · Board meeting of 30-11-2021 · Gazette deed
Merger proposal: V.D.B. takes over TR MANAGEMENT NV
The company holds all the shares of TR MANAGEMENT NV · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Celis Management Sint-Truiden | €6.6m | €400,452 | 75.7% | - |
| VIPRON Deerlijk | €6.9m | €400,252 | 36.1% | 0 |
| N & J INVEST Roeselare | €6.9m | €428,770 | 76.5% | 0.7 |
| HAPPY HOUSE CONSTRUCT Spa | €6.2m | €378,161 | 15.2% | 0.4 |
| wgi invest Ypres | €6.7m | €422,887 | 85.0% | 0.8 |
| ODRADA BEHEER Balen | €6.9m | €350,188 | 97.3% | 4.3 |
| STEFCO Bocholt | €7.5m | €530,630 | 14.3% | 6.8 |
These companies have the same main activity as Celis Management: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €6.2m and €7.5m, founded between 1999 and 2006.
Official details
Source: KBO- Status
- Active since 26-11-2003Normal situation
- Activity
- Activities of head officesNACE 70100
- Establishment unit
- 2.139.664.5033800 Sint-Truiden, since 13-10-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 28-12-2025
Annual accounts 2025
- ≈ €630,000estimated
- €6.6m▲ 4.9%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on Celis Management
Celis Management files the abbreviated format. That format states no turnover. The gross margin rose from €25,696 in 2007 to €400,452 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 Celis Management
- What is the company number of Celis Management?
- The company number of Celis Management is 0861.861.331. The VAT number is the same number with BE in front: BE 0861.861.331.
- Where is Celis Management based?
- The registered office is at N.B. de Borchgravestraat 4465, 3800 Sint-Truiden.Company details
- What does Celis Management do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of Celis Management?
- Celis Management is a public limited company (NV).
- When was Celis Management founded?
- Celis Management was founded on 26-11-2003.
- Is Celis Management still active?
- Yes, Celis Management is an active enterprise in the KBO register.
- What is the turnover of Celis Management?
- The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €400,452 and 78 comparable companies (NACE 70). It probably lies between €470,000 and €1.2m.Financials
- Is Celis Management profitable?
- In financial year 2025, Celis Management made a profit of €298,132.
- Where can I find the annual accounts of Celis Management?
- Celis Management filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Celis Management due?
- Celis Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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