Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2024; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Cérélia Veurne Real Estate 1 from Veurne, company number BE0680499441, closed financial year 2024 with a result of € -1.1 million after tax. For that financial year Cérélia Veurne Real Estate 1 recorded a gross margin of € -152,458 and equity of € -777,756. Compared with financial year 2023, the result moved from € 972,937 to € -1.1 million. 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 July 30, 2025.
€ -777,756
▼ € 1.1 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ still € 972,937 profit in 2023
Profit after tax over the fiscal year.
€ 180,798
▲ € 148,642 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.8 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 127,663
▼ 69% vs 2023
€ 117,661 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 28,606
▲ 33% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,776
▼ 48% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -138,989 | € -60,563 | € 1,281,884 | € -152,458 | ▼ € 1.4 million |
| Profit after taxes | € -419,505 | € -359,519 | € 972,937 | € -1,092,228 | ▼ € 2.1 million |
| Equity | € -298,945 | € -658,465 | € 314,472 | € -777,756 | ▼ € 1.1 million |
| Total debts | € 2,737,555 | € 3,416,492 | € 2,459,000 | € 2,092,593 | ▼ 15% |
| Cash | € 2,183 | € 207 | € 32,156 | € 180,798 | ▲ € 148,642 |
| Land & buildings | € 45,221 | € 38,425 | € 31,629 | € 24,832 | ▼ 21% |
| Retained profit | € -2,298,945 | € -2,658,465 | € -1,685,528 | € -2,777,756 | ▼ € 1.1 million |
| Bank debt | € 1,172,406 | € 745,627 | € 418,289 | € 127,663 | ▼ 69% |
| Balance sheet total | € 2,438,610 | € 2,758,027 | € 2,773,472 | € 1,314,837 | ▼ 53% |
Key figures of Cérélia Veurne Real Estate 1, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Cérélia Veurne Real Estate 1?
What happened at Cérélia Veurne Real Estate 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.1 million (▼ € 2.1 million vs 2023). Source: NBB ↗
- Karen Pauwelyn became a director. NBB
- Kristof Lefever became a director. NBB
- Thomas VAN BIERVLIET stepped down as director. NBB
- Camille HASPESLAGH stepped down as director. NBB
- Camille HASPESLAGH became a director. NBB
- Thomas VAN BIERVLIET became a director. NBB
- New establishment in Veurne. KBO
In short
From € 419,505 loss in 2021 to € 1.1 million loss in 2024.
Best year ever: 2023, with € 972,937 profit.
Management
The stake of CERELIA BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Cérélia Veurne Real Estate 1Behind Cérélia Veurne Real Estate 1 are Karen Pauwelyn and Kristof Lefever. The shares are held by CERELIA BELGIUM (100%).
Directors
According to the 2024 annual accounts
since 2025
since 2025
Thomas VAN BIERVLIET
Director
since 2019 · until 2025
Camille HASPESLAGH
Director
since 2022 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ondernemingenstraat 7
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.499.441
- VAT number
- BE 0680.499.441
- Registered office
- Ondernemingenstraat 7, 8630 Veurne
- Names & denominations
- Cérélia Veurne Real Estate 1
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2017
- Peppol
- Not registered
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en lease van andere machines en werktuigen en andere materiële goederen