Financials
Financial year 2025
GROUP CELO from Hasselt, company number BE0698993579, closed financial year 2025 with a result of € -13,073 after tax. For that financial year GROUP CELO recorded a gross margin of € -6,132 and equity of € 114,718. Compared with financial year 2024, the result moved from € 13,995 to € -13,073. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 114,718
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,073
▼ still € 13,995 profit in 2024
Profit after tax over the fiscal year.
€ 250
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 102,318.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,767
▼ 85% 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.
€ 95,260
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,490
▲ 23% 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 | € 38,775 | € 4,652 | € 40,614 | € -6,132 | ▼ € 46,747 |
| Profit after taxes | € 26,513 | € -370 | € 13,995 | € -13,073 | ▼ € 27,068 |
| Equity | € 114,166 | € 113,796 | € 127,791 | € 114,718 | ▼ 10% |
| Total debts | € 241,790 | € 142,525 | € 136,200 | € 110,750 | ▼ 19% |
| Cash | € 199,381 | € 11,725 | € 8,120 | € 250 | ▼ 97% |
| Retained profit | € 101,766 | € 101,396 | € 115,391 | € 102,318 | ▼ 11% |
| Bank debt | € 0 | € 40,000 | € 29,442 | € 0 | ▼ 100% |
| Balance sheet total | € 355,956 | € 256,321 | € 263,992 | € 225,468 | ▼ 15% |
Key figures of GROUP CELO, 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 GROUP CELO?
What happened at GROUP CELO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,073 (▼ € 27,068 vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Mesut Yilmaz became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,513 profit in 2022 to € 13,073 loss in 2025.
Paid € 19,214 in corporate taxes since 2022.
Best year ever: 2022, with € 26,513 profit.
Management
Behind GROUP CELO is Mesut Yilmaz. Mesut Yilmaz is also behind PROTECH ENERGY.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Herkenrodedreef 67
3511 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0698.993.579
- VAT number
- BE 0698.993.579
- Registered office
- Herkenrodedreef 67, 3511 Hasselt
- Names & denominations
- GROUP CELO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2018
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
Dakwerkzaamheden
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Installatie van industriële machines, toestellen en werktuigen
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Algemene elektrotechnische installatiewerken