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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CELEC from Wuustwezel, company number BE0472089694, closed financial year 2025 with a result of € -5,170 after tax. For that financial year CELEC recorded a gross margin of € -2,113 and equity of € -22,657. Compared with financial year 2024, the result moved from € -11,280 to € -5,170. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ -22,657
▼ € 5,170 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,170
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,839
▲ 205% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,249.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,312
▲ € 5,093 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 950
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,454 | € -7,870 | € -6,852 | € -2,113 | ▲ € 4,739 |
| Profit after taxes | € 7,247 | € -13,130 | € -11,280 | € -5,170 | ▲ € 6,110 |
| Equity | € 6,923 | € -6,207 | € -17,487 | € -22,657 | ▼ € 5,170 |
| Total debts | € 31,627 | € 32,094 | € 40,919 | € 53,978 | ▲ 32% |
| Cash | € 3,599 | € 4,873 | € 2,573 | € 7,839 | ▲ 205% |
| Land & buildings | € 8,973 | € 8,547 | € 8,121 | € 7,696 | ▼ 5% |
| Retained profit | € -11,669 | € -24,799 | € -36,079 | € -41,249 | ▼ € 5,170 |
| Balance sheet total | € 38,551 | € 25,887 | € 23,432 | € 31,322 | ▲ 34% |
Key figures of CELEC, 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 CELEC?
What happened at CELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,170. filed late Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
- Joris Franciscus Cuyvers became a director. NBB
In short
From € 7,247 profit in 2022 to € 5,170 loss in 2025.
Paid € 323 in corporate taxes since 2022.
Best year ever: 2022, with € 7,247 profit.
Management
Behind CELEC is Joris Franciscus Cuyvers.
Directors
According to the 2025 annual accounts
Joris Franciscus Cuyvers
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Biest 8
2990 Wuustwezel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.089.694
- VAT number
- BE 0472.089.694
- Registered office
- Biest 8, 2990 Wuustwezel
- Names & denominations
- CELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2000
- Peppol
- Active · Active since 3 Dec 2024
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Algemene elektrotechnische installatiewerken
Elektrische installatie