CIEL is a property company in Ukkel. Public Limited, started on 10 July 1979, 2 establishments.

What is the address of CIEL?

The registered office of CIEL is located at Winston Churchilllaan 228, 1180 Ukkel.

Is CIEL still active?

Yes. According to the CBE (30 October 2026) CIEL is active, legal situation “Normale toestand”, started on 10 July 1979.

Is CIEL registered on Peppol?

Yes, CIEL is registered on the Peppol network with ID 0208:0419596858.

What is the enterprise number of CIEL?

The enterprise number of CIEL is BE0419596858.

When was CIEL founded?

CIEL was founded on 10 July 1979.

Who are the directors of CIEL?

According to the 2025 annual accounts, the directors of CIEL are: Alice HELLAWELL, Timothy HELLAWELL.

Is CIEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 July 1979; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did CIEL make in 2025?

CIEL posted a profit after taxes of € 31,091 in financial year 2025.

What is the revenue of CIEL?

As a small company, CIEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,055,533.

How much does an employee at CIEL earn?

The average wage cost per full-time employee at CIEL was € 70,900 in 2024: staff costs of € 106,421 for 1.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CIEL have?

According to the 2025 annual accounts, CIEL has 0.6 full-time equivalents (FTE).

CIEL (Public Limited) - Ukkel - BE0419596858

Dossier CIEL, printed on 30 October 2026 from databakkes.be/en/0419596858/ciel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 1.8 to 0.6.

Financials

Financial year 2025

CIEL from Ukkel, company number BE0419596858, closed financial year 2025 with a result of € 31,091 after tax. For that financial year CIEL recorded a gross margin of € 1.1 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 1.4 million to € 31,091. 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 July 28, 2026.

What it is worth Growing

€ 5.4 million

▲ 1% vs 2024

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

Profit Healthy

€ 31,091

▼ 98% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 134,413

▼ 21% 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 € 2.9 million.

People and assets in 2025

Full-time equivalents

0.6

▼ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 29,439

▼ 72% 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.

Debts at end 2025

Bank debt ≈ 12 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.

€ 7.6 million

▼ 7% vs 2024

€ 650,597 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 41,613

▼ 14% vs 2024

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

Taxes and wages

€ 48,598

▲ 284% 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	€ 675,947 Gross margin 2022: € 675,947 First fiscal year in the series	€ 996,933 Gross margin 2023: € 996,933 ▲ 47% vs 2022 (€ 675,947) Favourable step	€ 2,721,118 Gross margin 2024: € 2,721,118 ▲ 173% vs 2023 (€ 996,933) Favourable step	€ 1,055,533 Gross margin 2025: € 1,055,533 ▼ 61% vs 2024 (€ 2,721,118) Unfavourable step	▼ 61%
Profit after taxes	€ 46,517 Profit after taxes 2022: € 46,517 First fiscal year in the series	€ -253,790 Profit after taxes 2023: € -253,790 ▼ € 300,307 vs 2022 (€ 46,517) Unfavourable step	€ 1,359,446 Profit after taxes 2024: € 1,359,446 ▲ € 1.6 million vs 2023 (€ -253,790) Favourable step	€ 31,091 Profit after taxes 2025: € 31,091 ▼ 98% vs 2024 (€ 1,359,446) Unfavourable step	▼ 98%
Equity	€ 4,268,171 Equity 2022: € 4,268,171 First fiscal year in the series	€ 4,014,380 Equity 2023: € 4,014,380 ▼ 6% vs 2022 (€ 4,268,171) Unfavourable step	€ 5,373,826 Equity 2024: € 5,373,826 ▲ 34% vs 2023 (€ 4,014,380) Favourable step	€ 5,404,917 Equity 2025: € 5,404,917 ▲ 1% vs 2024 (€ 5,373,826) Favourable step	▲ 1%
Total debts	€ 7,583,275 Total debts 2022: € 7,583,275 First fiscal year in the series	€ 10,011,199 Total debts 2023: € 10,011,199 ▲ 32% vs 2022 (€ 7,583,275) Unfavourable step	€ 8,447,453 Total debts 2024: € 8,447,453 ▼ 16% vs 2023 (€ 10,011,199) Favourable step	€ 7,904,431 Total debts 2025: € 7,904,431 ▼ 6% vs 2024 (€ 8,447,453) Favourable step	▼ 6%
Cash	€ 1,771,846 Cash 2022: € 1,771,846 First fiscal year in the series	€ 472,404 Cash 2023: € 472,404 ▼ 73% vs 2022 (€ 1,771,846) Unfavourable step	€ 169,327 Cash 2024: € 169,327 ▼ 64% vs 2023 (€ 472,404) Unfavourable step	€ 134,413 Cash 2025: € 134,413 ▼ 21% vs 2024 (€ 169,327) Unfavourable step	▼ 21%
Land & buildings	€ 10,315,074 Land & buildings 2022: € 10,315,074 First fiscal year in the series	€ 13,898,866 Land & buildings 2023: € 13,898,866 ▲ 35% vs 2022 (€ 10,315,074) Unchanged	€ 13,431,918 Land & buildings 2024: € 13,431,918 ▼ 3% vs 2023 (€ 13,898,866) Unchanged	€ 13,011,924 Land & buildings 2025: € 13,011,924 ▼ 3% vs 2024 (€ 13,431,918) Unchanged	▼ 3%
Retained profit	€ 1,773,171 Retained profit 2022: € 1,773,171 First fiscal year in the series	€ 1,519,380 Retained profit 2023: € 1,519,380 ▼ 14% vs 2022 (€ 1,773,171) Unfavourable step	€ 2,878,826 Retained profit 2024: € 2,878,826 ▲ 89% vs 2023 (€ 1,519,380) Favourable step	€ 2,909,917 Retained profit 2025: € 2,909,917 ▲ 1% vs 2024 (€ 2,878,826) Favourable step	▲ 1%
Bank debt	€ 7,123,155 Bank debt 2022: € 7,123,155 First fiscal year in the series	€ 9,812,321 Bank debt 2023: € 9,812,321 ▲ 38% vs 2022 (€ 7,123,155) Unfavourable step	€ 8,232,862 Bank debt 2024: € 8,232,862 ▼ 16% vs 2023 (€ 9,812,321) Favourable step	€ 7,643,179 Bank debt 2025: € 7,643,179 ▼ 7% vs 2024 (€ 8,232,862) Favourable step	▼ 7%
Balance sheet total	€ 12,537,210 Balance sheet total 2022: € 12,537,210 First fiscal year in the series	€ 14,687,268 Balance sheet total 2023: € 14,687,268 ▲ 17% vs 2022 (€ 12,537,210) Unchanged	€ 14,792,962 Balance sheet total 2024: € 14,792,962 ▲ 1% vs 2023 (€ 14,687,268) Unchanged	€ 14,246,492 Balance sheet total 2025: € 14,246,492 ▼ 4% vs 2024 (€ 14,792,962) Unchanged	▼ 4%
Employees (FTE)	1.8 Employees (FTE) 2022: 1.8 First fiscal year in the series	1.8 Employees (FTE) 2023: 1.8 Unchanged (1.8) Unchanged	1.5 Employees (FTE) 2024: 1.5 ▼ 0.3 vs 2023 (1.8) Unchanged	0.6 Employees (FTE) 2025: 0.6 ▼ 0.9 vs 2024 (1.5) Unchanged	▼ 0.9

Key figures of CIEL, 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 CIEL?

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

2030 Alice HELLAWELL stepped down as director. NBB
2030 Timothy HELLAWELL stepped down as director. NBB
Jul 28, 2026 New annual accounts for financial year 2025: profit of € 31,091 (▼ 98% vs 2024). Source: NBB ↗
2024 Alice HELLAWELL became a director. NBB
2024 Timothy HELLAWELL became a director. NBB
Mar 16, 1995 New establishment in Linkebeek. KBO
Aug 1, 1979 New establishment in Ukkel. KBO
Jul 10, 1979 Start of the company according to the CBE. KBO

In short

From € 46,517 profit in 2022 to € 31,091 profit in 2025.

Paid € 103,596 in corporate taxes since 2022.

Best year ever: 2024, with € 1.4 million profit.

On average € 1.8 million of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

CIEL

GREEN ORGANISATION 60%

It owns 60% of GREEN ORGANISATION itself.

Directors

According to the 2025 annual accounts

Alice HELLAWELL

Director

Also active at: GREEN ORGANISATION, RENTAL MANAGEMENT

since 2024 · until 2030

Timothy HELLAWELL

Managing director

Also active at: PROMORGA, GREEN ORGANISATION, CRISTAL RESIDENCES, CRISTAL RESIDENCES BRUSSELS, RENTAL MANAGEMENT

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Winston Churchilllaan 228

1180 Ukkel

2.016.465.001

Villalaan 26

1630 Linkebeek

Active since 16 March 1995

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

PROMORGA same network

€ 19,510 gross margin · 2025

FINANCE & COMMUNICATION

€ -332 gross margin · 2025

GREEN ORGANISATION same network

€ 28,209 gross margin · 2025

Look For Immo

€ 6,177 gross margin · 2025

FEDERATION DES ASSOCIATIONS ET SOCIETES CAMEROUNAISE DE LA DIASPORA

+2 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

0419.596.858

VAT number

BE 0419.596.858

Registered office

Winston Churchilllaan 228, 1180 Ukkel

Names & denominations

CIEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 July 1979

Peppol

Active · Active since 21 Oct 2026

Contact

[email protected] +32 2 380 9860

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View on CBE Public ↗ Annual accounts (NBB) ↗

CIEL

Warning lights

Financials

What happened to CIEL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions