Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
CELABOR from Herve, company number BE0455511010, closed financial year 2025 with a result of € 396,523 after tax. For that financial year CELABOR recorded a gross margin of € 7.3 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 383,552 to € 396,523. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 1.6 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 396,523
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 97,025
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
52.2
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 6% vs 2024
€ 72,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 121,337
▲ € 103,475 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 599,138
€ 395,287 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 265,069
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 547,921
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,532,158 | € 3,847,516 | € 4,446,387 | € 7,341,215 | ▲ 65% |
| Profit after taxes | € 41,662 | € -328,861 | € 383,552 | € 396,523 | ▲ 3% |
| Equity | € 1,202,853 | € 873,992 | € 1,163,817 | € 1,560,340 | ▲ 34% |
| Total debts | € 4,560,501 | € 4,640,783 | € 4,156,278 | € 4,301,476 | ▲ 3% |
| Cash | € 916,789 | € 523,133 | € 262,540 | € 97,025 | ▼ 63% |
| Land & buildings | € 935,302 | € 865,614 | € 787,429 | € 876,867 | ▲ 11% |
| Retained profit | € 829,090 | € 500,229 | € 790,054 | € 1,186,577 | ▲ 50% |
| Dividend | € 0 | € 0 | € 45,000 | € 0 | ▼ 100% |
| Bank debt | € 776,811 | € 517,976 | € 599,639 | € 599,138 | |
| Balance sheet total | € 5,763,353 | € 5,514,775 | € 5,320,095 | € 5,861,817 | ▲ 10% |
| Employees (FTE) | 47.2 | 47.4 | 51.1 | 52.2 | ▲ 1.1 |
Key figures of CELABOR, 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 CELABOR?
What happened at CELABOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anne Reul stepped down as director. NBB
- Pierre Lefèbvre stepped down as director. NBB
- Bernard Genot stepped down as director. NBB
- Olivier Roiseux stepped down as director. NBB
- Bruno Stiernon stepped down as director. NBB
- Mickaël Blaise stepped down as director. NBB
- Philippe Jacquemin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 396,523 (▲ 3% vs 2024). Source: NBB ↗
In short
From € 41,662 profit in 2022 to € 396,523 profit in 2025.
Paid € 1,505 in corporate taxes since 2022.
Best year ever: 2025, with € 396,523 profit.
On average € 140,600 of value added per employee in 2025.
Management
Behind CELABOR are Sparaxis S.A. and WE Accompagnement et Stratégie S.A.. Sparaxis S.A. is also behind C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine and Floridienne. WE Accompagnement et Stratégie S.A. is also behind SOCIETE IMMOBILIERE D'INVESTISSEMENT EN FORMATION and Transeo.
Directors
According to the 2025 annual accounts
Director · represented by Lange Fabrice
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2024
WE Accompagnement et Stratégie S.A.
Director · represented by Gillet Sébastien
Also active at: SOCIETE IMMOBILIERE D'INVESTISSEMENT EN FORMATION, Transeo
since 2024
Anne Reul
Director
since 2021 · until 2028
since 2024 · until 2027
Pierre Lefèbvre
Director
since 2019 · until 2028
Bernard Genot
Director
since 2021 · until 2028
Mickaël Blaise
Director
since 2024 · until 2027
Philippe Jacquemin
Chairman of the board
Also active at: ATE-Les Ateliers d' Ensival, FACTORY SYSTEMS
since 2019 · until 2027
Olivier Roiseux
Director
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Avenue du Parc 38
4650 Herve
Industriëlaan 60 box 42
7700 Mouscron
Active since 14 August 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Hosting & Email
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Website info
Features
Security
Details
- Company number
- 0455.511.010
- VAT number
- BE 0455.511.010
- Registered office
- Avenue du Parc 38, 4650 Herve
- Names & denominations
- CELABOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1995
- Peppol
- Active · Active since 17 Sept 2025
- Contact
- celabor.be
- Activities · NACE
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