What does CEL IMMO do?

CEL IMMO is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 23 December 1969, 1 establishment.

What is the address of CEL IMMO?

The registered office of CEL IMMO is located at Vliegtuiglaan 5 box 1, 9000 Gent.

Is CEL IMMO still active?

Yes. According to the CBE (29 October 2026) CEL IMMO is active, legal situation “Normale toestand”, started on 23 December 1969.

Is CEL IMMO registered on Peppol?

Yes, CEL IMMO is registered on the Peppol network with ID 0208:0406933509.

What is the enterprise number of CEL IMMO?

The enterprise number of CEL IMMO is BE0406933509.

When was CEL IMMO founded?

CEL IMMO was founded on 23 December 1969.

Who are the directors of CEL IMMO?

According to the 2025 annual accounts, the directors of CEL IMMO are: Depannage Lybaert BV, Ludwig Rent BV.

Is CEL IMMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 1969; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CEL IMMO make in 2025?

CEL IMMO posted a profit after taxes of € 22,477 in financial year 2025.

What is the revenue of CEL IMMO?

As a small company, CEL IMMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 65,591.

CEL IMMO (Private Limited) - Gent - BE0406933509

Dossier CEL IMMO, printed on 29 October 2026 from databakkes.be/en/0406933509/cel-immo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CEL IMMO from Gent, company number BE0406933509, closed financial year 2025 with a result of € 22,477 after tax. For that financial year CEL IMMO recorded a gross margin of € 65,591 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 68,991 to € 22,477. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.

What it is worth Growing

€ 2.9 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 22,477

▼ 67% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 339,452

▼ 45% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.7 million.

People and assets in 2025

Wage cost

€ 37,828

▼ 16% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,833

▼ 45% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 23 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.2 million

▲ 63% vs 2024

€ 53,151 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.

Owed to suppliers

€ 2,949

▼ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,541

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,548,507 Gross margin 2022: € 2,548,507 First fiscal year in the series	€ 82,787 Gross margin 2023: € 82,787 ▼ 97% vs 2022 (€ 2,548,507) Unfavourable step	€ 23,706 Gross margin 2024: € 23,706 ▼ 71% vs 2023 (€ 82,787) Unfavourable step	€ 65,591 Gross margin 2025: € 65,591 ▲ 177% vs 2024 (€ 23,706) Favourable step	▲ 177%
Profit after taxes	€ 2,145,896 Profit after taxes 2022: € 2,145,896 First fiscal year in the series	€ 179,070 Profit after taxes 2023: € 179,070 ▼ 92% vs 2022 (€ 2,145,896) Unfavourable step	€ 68,991 Profit after taxes 2024: € 68,991 ▼ 61% vs 2023 (€ 179,070) Unfavourable step	€ 22,477 Profit after taxes 2025: € 22,477 ▼ 67% vs 2024 (€ 68,991) Unfavourable step	▼ 67%
Equity	€ 2,594,566 Equity 2022: € 2,594,566 First fiscal year in the series	€ 2,773,636 Equity 2023: € 2,773,636 ▲ 7% vs 2022 (€ 2,594,566) Favourable step	€ 2,842,627 Equity 2024: € 2,842,627 ▲ 2% vs 2023 (€ 2,773,636) Favourable step	€ 2,865,104 Equity 2025: € 2,865,104 ▲ 1% vs 2024 (€ 2,842,627) Favourable step	▲ 1%
Total debts	€ 170,396 Total debts 2022: € 170,396 First fiscal year in the series	€ 180,396 Total debts 2023: € 180,396 ▲ 6% vs 2022 (€ 170,396) Unfavourable step	€ 776,347 Total debts 2024: € 776,347 ▲ € 595,950 vs 2023 (€ 180,396) Unfavourable step	€ 1,252,000 Total debts 2025: € 1,252,000 ▲ 61% vs 2024 (€ 776,347) Unfavourable step	▲ 61%
Cash	€ 904,372 Cash 2022: € 904,372 First fiscal year in the series	€ 617,564 Cash 2023: € 617,564 ▼ 32% vs 2022 (€ 904,372) Unfavourable step	€ 611,952 Cash 2024: € 611,952 ▼ 1% vs 2023 (€ 617,564) Unfavourable step	€ 339,452 Cash 2025: € 339,452 ▼ 45% vs 2024 (€ 611,952) Unfavourable step	▼ 45%
Land & buildings	€ 1,196,729 Land & buildings 2022: € 1,196,729 First fiscal year in the series	€ 1,176,302 Land & buildings 2023: € 1,176,302 ▼ 2% vs 2022 (€ 1,196,729) Unchanged	€ 2,263,782 Land & buildings 2024: € 2,263,782 ▲ 92% vs 2023 (€ 1,176,302) Unchanged	€ 2,697,394 Land & buildings 2025: € 2,697,394 ▲ 19% vs 2024 (€ 2,263,782) Unchanged	▲ 19%
Retained profit	€ 2,444,566 Retained profit 2022: € 2,444,566 First fiscal year in the series	€ 2,623,636 Retained profit 2023: € 2,623,636 ▲ 7% vs 2022 (€ 2,444,566) Favourable step	€ 2,692,627 Retained profit 2024: € 2,692,627 ▲ 3% vs 2023 (€ 2,623,636) Favourable step	€ 2,715,104 Retained profit 2025: € 2,715,104 ▲ 1% vs 2024 (€ 2,692,627) Favourable step	▲ 1%
Bank debt	€ 155,622 Bank debt 2022: € 155,622 First fiscal year in the series	€ 148,947 Bank debt 2023: € 148,947 ▼ 4% vs 2022 (€ 155,622) Favourable step	€ 752,470 Bank debt 2024: € 752,470 ▲ € 603,523 vs 2023 (€ 148,947) Unfavourable step	€ 1,227,671 Bank debt 2025: € 1,227,671 ▲ 63% vs 2024 (€ 752,470) Unfavourable step	▲ 63%
Balance sheet total	€ 3,440,141 Balance sheet total 2022: € 3,440,141 First fiscal year in the series	€ 3,621,335 Balance sheet total 2023: € 3,621,335 ▲ 5% vs 2022 (€ 3,440,141) Unchanged	€ 4,274,169 Balance sheet total 2024: € 4,274,169 ▲ 18% vs 2023 (€ 3,621,335) Unchanged	€ 4,752,501 Balance sheet total 2025: € 4,752,501 ▲ 11% vs 2024 (€ 4,274,169) Unchanged	▲ 11%

Key figures of CEL IMMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to CEL IMMO?

What happened at CEL IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 18, 2026 New annual accounts for financial year 2025: profit of € 22,477 (▼ 67% vs 2024). filed late Source: NBB ↗
2018 Depannage Lybaert BV became a director. NBB
2018 Ludwig Rent BV became a director. NBB
Jan 1, 1970 New establishment in Gent. KBO
Dec 23, 1969 Start of the company according to the CBE. KBO

In short

From € 2.1 million profit in 2022 to € 22,477 profit in 2025.

Best year ever: 2022, with € 2.1 million profit.

Original PDFs at the National Bank ↗

Management

Ludwig Rent 100%

The stake of Ludwig Rent comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CEL IMMO

Behind CEL IMMO are Depannage Lybaert BV and Ludwig Rent BV. The shares are held by Ludwig Rent (100%).

Directors

According to the 2025 annual accounts

Depannage Lybaert BV

Director · represented by Ludwig De Brabander

since 2018

Ludwig Rent BV

Director · represented by Elga Parmentier

Also active at: DEPANNAGE LYBAERT, V-Tax Lybaert

since 2018

Shareholders

Ludwig Rent

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vliegtuiglaan 5 box 1

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

DEPANNAGE LYBAERT same network

€ 7.8 million revenue · 2025

LYBAERT RENT

€ 255,753 gross margin · 2025

V-Tax Lybaert same network

€ 2.8 million gross margin · 2025

FEKA-TECH

€ 232,258 gross margin · 2025

IMTEL-TEAM

+3 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0406.933.509

VAT number

BE 0406.933.509

Registered office

Vliegtuiglaan 5 bus 1, 9000 Gent

Names & denominations

CEL IMMO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 December 1969

Peppol

Active · Active since 5 Jan 2025

Activities · NACE

Activiteiten van holdings

Handel in eigen onroerend goed

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

CEL IMMO

Financials

What happened to CEL IMMO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions