VENNEN - CELIS
ActiveVENNEN - CELIS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352k and a net result of €42k. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 37.28 against 13.31 in 2024; short-term debt: 2.2% and cash: 10.5% of total assets), and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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
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
95.3%
Return on assets
11.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
30 d early
2023
26 d late
2022
31 d late
2021
61 d late
2020
31 d late
2019
46 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€352k▲ 13.5%
2024 · €311k
2018: €48k
2019: €71k
2020: €75k
2021: €102k
2022: €186k
2023: €238k
2024: €311k
2018 → 2025
Total assets
€370k▲ 12.1%
2024 · €330k
2018: €216k
2019: €206k
2020: €174k
2021: €179k
2022: €229k
2023: €278k
2024: €330k
2018 → 2025
Net result
€42k▼ 42.5%
2024 · €73k
2018: €15k
2019: €23k
2020: €4k
2021: €27k
2022: €84k
2023: €52k
2024: €73k
2018 → 2025
Working capital
€294k▲ 25.6%
2024 · €234k
2018: €22k
2019: €47k
2020: €26k
2021: €46k
2022: €98k
2023: €153k
2024: €234k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€186k▲ 82.2%€238k▲ 27.8%€311k▲ 30.6%€352k▲ 13.5%
Operating result€40k-€128k▲ 222%€79k▼ 38.7%€105k▲ 33.4%€59k▼ 44.1%
Net result€27k-€84k▲ 208%€52k▼ 38.3%€73k▲ 40.5%€42k▼ 42.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €370k
Fixed assets
€68k▼ 11.7%
Current assets
€302k▲ 19.4%
Equity and liabilities €370k
Equity
€352k▲ 13.5%
Debt
€17k▼ 9.4%
The debt ratio falls from 5.8% to 4.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▼
2024 · €114k
Cash flow
€51k▼
2024 · €82k
Solvency
95.3%▲
2024 · 94.2%
Current ratio
37.28▲
2024 · 13.31
Quick ratio
37.28▲
2024 · 13.31
Debt / equity
0.05▼
2024 · 0.06
ROE
11.9%▼
2024 · 23.4%
ROA
11.3%▼
2024 · 22.1%
Interest coverage
721.20▲
2024 · 158.05
Debt
€17k▼
2024 · €19k
Debt ≤ 1 year
€8k▼
2024 · €19k
Income taxes
€21k▼
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€330k€370k▲
Fixed assets21/28€77k€68k▼
Tangible fixed assets22/27€77k€68k▼
Land and buildings22€70k€61k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€2k=
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€62€62=
Current assets29/58€253k€302k▲
Amounts receivable after more than one year29€117k€159k▲
Other amounts receivable291€117k€159k▲
Amounts receivable within one year40/41€20k€31k▲
Trade receivables40€20k€31k▲
Other amounts receivable41€0€0▼
Current investments50/53€50k€52k▲
Cash at bank and in hand54/58€38k€39k▲
Deferred charges and accrued income490/1€27k€21k▼
Equity and liabilities
Total equity and liabilities10/49€330k€370k▲
Equity10/15€311k€352k▲
Contributions10/11€19k€19k=
Reserves13€292k€334k▲
Distributable reserves133€292k€334k▲
Amounts payable17/49€19k€17k▼
Amounts payable within one year42/48€19k€8k▼
Trade debts44€2k€553▼
Suppliers440/4€2k€553▼
Taxes, remuneration and social security45€17k€8k▼
Taxes450/3€17k€8k▼
Accrued charges and deferred income492/3-€9k
Income statement
Code20242025
Non-recurring operating income76A€17k€869▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€120k€74k▼
Operating profit (loss)9901€105k€59k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€720€94▼
Recurring financial charges65€720€94▼
Profit (loss) for the period before taxes9903€107k€63k▼
Income taxes67/77€34k€21k▼
Profit (loss) for the period9904€73k€42k▼
Profit (loss) for the period to be appropriated9905€73k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€42k▼
Transfer to equity691/2€73k€42k▼
To other reserves6921€73k€42k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 37.28
Current ratio from 13.31 to 37.28; short-term debt falls from €19k to €8k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 13.31
Current ratio from 4.77 to 13.31; short-term debt falls from €41k to €19k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Equity above €200kEq €238k ▲27.8%
6 profitable years in a row build equity to €238k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €84k ▲208%
Operating result €128k, net result €84k, both a record.
31-12
Financial
Equity above €150kEq €186k ▲82.2%
5 profitable years in a row build equity to €186k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Equity above €100kEq €102k ▲36.3%
4 profitable years in a row build equity to €102k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €4k ▼82.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bredabaan 3962170 AntwerpenGround area
137 m²
Building footprint
47 m²
Volume, LiDAR
524 m³
Parcel 11422C0181/00H002, Flanders · tallest building 20.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VENNEN-CELIS BVBA
since 19902.050.414.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0181/00H002 | Flanders | 137 m² | 1 · 47 m² | 20.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,438 companies in sector 79110 we hold annual accounts for 880. 689 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-1990
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.