Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CELO PROJECTS from Londerzeel, company number BE0695972822, closed financial year 2025 with a result of € -38,551 after tax. For that financial year CELO PROJECTS recorded a gross margin of € -6,988 and equity of € 169,218. Compared with financial year 2024, the result moved from € -83,835 to € -38,551. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ 169,218
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,551
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 181,847
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 119,218.
People and assets in 2025
€ 44,911
▼ 25% vs 2024
Of which on lease € 44,911.
Debts at end 2025
€ 45,709
▼ 86% vs 2024
€ 11,188 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7,809
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 71,066
▲ 144% 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 | € 48,464 | € 174,245 | € -51,340 | € -6,988 | ▲ € 44,353 |
| Profit after taxes | € 36,003 | € 134,144 | € -83,835 | € -38,551 | ▲ € 45,285 |
| Equity | € 157,460 | € 291,604 | € 207,769 | € 169,218 | ▼ 19% |
| Total debts | € 959,848 | € 214,758 | € 916,716 | € 1,563,636 | ▲ 71% |
| Cash | € 267,878 | € 15,665 | € 203,450 | € 181,847 | ▼ 11% |
| Retained profit | € 107,460 | € 241,604 | € 157,769 | € 119,218 | ▼ 24% |
| Bank debt | € 0 | € 74,880 | € 318,909 | € 45,709 | ▼ 86% |
| Balance sheet total | € 1,117,308 | € 506,362 | € 1,124,485 | € 1,732,854 | ▲ 54% |
Key figures of CELO PROJECTS, 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 October 2026.
What happened to CELO PROJECTS?
What happened at CELO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,551. Source: NBB ↗
- Bob Vergauwen became a director. NBB
- Els Janssens became a director. NBB
- New establishment in Londerzeel. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,003 profit in 2022 to € 38,551 loss in 2025.
Paid € 47,653 in corporate taxes since 2022.
Best year ever: 2023, with € 134,144 profit.
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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
Behind CELO PROJECTS are Bob Vergauwen and Els Janssens. The same people are also behind ELBO.
Establishments
Establishment units
Physical locations of this company
Kruisheide 7
1840 Londerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.972.822
- VAT number
- BE 0695.972.822
- Registered office
- Kruisheide 7, 1840 Londerzeel
- Names & denominations
- CELO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handel in eigen onroerend goed