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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
CELO Renovatie from Sint-Martens-Latem, company number BE0689804711, closed financial year 2025 with a result of € -50,493 after tax. For that financial year CELO Renovatie recorded a gross margin of € 4,286 and equity of € -23,204. Compared with financial year 2024, the result moved from € -19,308 to € -50,493. 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 February 2, 2026.
€ -23,204
▼ € 50,493 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,493
▼ 162 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,605
▲ 185% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -29,404.
Debts at end 2025
€ 1.4 million
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 6,909
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,326
▲ 209% vs 2024
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 | € 44,271 | € 44,789 | € 92,484 | € 4,286 | ▼ 95% |
| Profit after taxes | € -14,229 | € -85,934 | € -19,308 | € -50,493 | ▼ € 31,186 |
| Equity | € 132,531 | € 46,597 | € 27,289 | € -23,204 | ▼ € 50,493 |
| Total debts | € 2,654,785 | € 1,856,077 | € 2,051,515 | € 1,427,469 | ▼ 30% |
| Cash | € 323,943 | € 3,045 | € 1,265 | € 3,605 | ▲ 185% |
| Retained profit | € 126,331 | € 40,397 | € 21,089 | € -29,404 | ▼ € 50,493 |
| Bank debt | € 2,460,000 | € 1,771,826 | € 1,768,168 | € 1,363,168 | ▼ 23% |
| Balance sheet total | € 2,787,316 | € 1,902,674 | € 2,078,804 | € 1,404,265 | ▼ 32% |
Key figures of CELO Renovatie, 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 CELO Renovatie?
What happened at CELO Renovatie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 50,493. filed late Source: NBB ↗
- Crimmo became a director. NBB
- Cvdb became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,229 loss in 2022 to € 50,493 loss in 2025.
Management
The stake of Cvdb comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CELO RenovatieBehind CELO Renovatie are Crimmo and Cvdb. The shares are held by Cvdb (50%).
Directors
According to the 2025 annual accounts
Director · represented by Criel LODE
Also active at: Novum Invest, DEWULF IMMO, MOUSE, NOVUM ESTATE
since 2023
since 2023
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zevecotestraat 10
9830 Sint-Martens-Latem
Ursulinenstraat 4 box 201
9000 Gent
Active since 5 February 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0689.804.711
- VAT number
- BE 0689.804.711
- Registered office
- Zevecotestraat 10, 9830 Sint-Martens-Latem
- Names & denominations
- CELO Renovatie
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2018
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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