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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cellcom from Knokke-Heist, company number BE0538864197, closed financial year 2025 with a result of € -52,534 after tax. For that financial year Cellcom recorded a gross margin of € 13,474 and equity of € 30,835. Compared with financial year 2024, the result moved from € 158,278 to € -52,534. The company made a loss. The buffer shrank hard: equity is 63 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ 30,835
▼ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,534
▼ still € 158,278 profit in 2024
Profit after tax over the fiscal year.
€ 31,408
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -44,165.
People and assets in 2025
€ 120,542
▲ € 119,076 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 209,198
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 294
▼ 85% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 135,002 | € 125,043 | € 228,574 | € 13,474 | ▼ 94% |
| Profit after taxes | € 99,740 | € 81,344 | € 158,278 | € -52,534 | ▼ € 210,811 |
| Equity | € 83,091 | € 83,091 | € 83,369 | € 30,835 | ▼ 63% |
| Total debts | € 121,299 | € 396,844 | € 365,273 | € 469,186 | ▲ 28% |
| Cash | € 183,002 | € 44,619 | € 87,283 | € 31,408 | ▼ 64% |
| Land & buildings | € 86 | € 357,838 | € 338,988 | € 320,155 | ▼ 6% |
| Retained profit | € 8,091 | € 8,091 | € 8,369 | € -44,165 | ▼ € 52,534 |
| Dividend | € 99,740 | € 81,344 | € 158,000 | € 0 | ▼ 100% |
| Balance sheet total | € 204,390 | € 479,935 | € 448,642 | € 500,021 | ▲ 11% |
Key figures of Cellcom, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Cellcom?
What happened at Cellcom in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 52,534 (▼ € 210,811 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,740 profit in 2022 to € 52,534 loss in 2025.
Paid € 106,252 in corporate taxes since 2022.
Best year ever: 2024, with € 158,278 profit.
Paid out € 339,085 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Benoît Willems
Director
Establishments
Establishment units
Physical locations of this company
Hortensialaan 23
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
DNS
TransIP DNS
Website info
Features
Security
Details
- Company number
- 0538.864.197
- VAT number
- BE 0538.864.197
- Registered office
- Hortensialaan 23, 8300 Knokke-Heist
- Names & denominations
- Cellcom
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2013
- Peppol
- Active · Active since 29 Apr 2025
- Contact
- cellcom.be [email protected] 028886991
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