Equity
€48,167 ▲ 41.1%
CELEST has made a profit in every financial year since 2022.
CELEST
Overview
Lifetime
4 annual accounts with figures on one time axispeak €37,448 (2022)
€24,087▼ 33.5%
peak €22,590 (2024)
€14,024▼ 37.9%
peak €48,167 (2025)
€48,167▲ 41.1%
€122,987▼ 2.7%
Board1 name since 2021
1 directorDIELEMAN Christel Maria Edgard
Documentsfilings and deeds
08-04-202622 days before the deadline
2025micro format
Gross margin from €36,221 to €24,087Result from €22,590 to €14,024Registered office moved within Ostend 29-12Registered office moved from Hamme to Ostend 30-05Equity from €34,143 to €48,167Cash from €3,760 to €7,919
Key points
from the 2025 annual accountsChecked score
38
Weak
Financially stronger than 56% of micro companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.3%
01-2025: 2.4%▲ +0.1 percentage points vs 12-2024
02-2025: 2.5%▲ +0.1 percentage points vs 01-2025
03-2025: 2.4%▼ -0.1 percentage points vs 02-2025
04-2025: 2.2%▼ -0.2 percentage points vs 03-2025
05-2025: 1.8%▼ -0.4 percentage points vs 04-2025lowest value
06-2025: 2.8%▲ +1.0 percentage point vs 05-2025
07-2025: 2.6%▼ -0.2 percentage points vs 06-2025
08-2025: 2.6%● unchanged vs 07-2025
09-2025: 2.6%● unchanged vs 08-2025
10-2025: 2.6%● unchanged vs 09-2025
11-2025: 2.6%● unchanged vs 10-2025
12-2025: 2.7%▲ +0.1 percentage points vs 11-2025
01-2026: 8.5%▲ +5.8 percentage points vs 12-2025
02-2026: 8.8%▲ +0.3 percentage points vs 01-2026highest value
03-2026: 8.6%▼ -0.2 percentage points vs 02-2026
04-2026: 8.8%▲ +0.2 percentage points vs 03-2026
05-2026: 5.9%▼ -2.9 percentage points vs 04-2026
06-2026: 5.9%● unchanged vs 05-2026
07-2026: 5.9%● unchanged vs 06-2026
08-2026: 6.0%▲ +0.1 percentage points vs 07-2026
09-2026: 6.0%● unchanged vs 08-2026
10-2026: 5.7%▼ -0.3 percentage points vs 09-2026
11-2026: 5.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
2 changes of registered office in 24 months
Founded in 2021
Size: total assets €171,154
lowers risk
Figures for financial year 2025 (filed on 08-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 44% of them on solvency, 26% on liquidity, 69% on profitability and 84% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as CELEST has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CELEST itself is higher: 5.7% within 12 months. It rests on far more data about CELEST than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for CELEST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.82 (1.62 in 2024), above the usual 1.5. Short-term debt is 53.2% and cash 4.6% of total assets. However, 71.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 days early
2024
21 days early
2023
19 days early
2022
23 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 21 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 9 April (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved within Ostend
New registered office: Raversijdestraat 24 bus 02/05, 8400 Oostende · Previous registered office: Raversijdestraat 54, 8400 Oostende · Board meeting of 20-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771877401
Registered office moved from Hamme to Ostend
New registered office: Raversijdestraat 54, 8400 Oostende · Previous registered office: Roodkruisstraat 54, 9220 Hamme · Board meeting of 19-09-2024 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: DIELEMAN Christel Maria Edgard · Appointment: DIELEMAN Christel Maria Edgard (director) · published on 03-08-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CELEST Ostend | €171,154 | €24,087 | 28.1% | - |
| WHY NOW Butgenbach | €130,719 | €23,576 | 14.0% | - |
| GINGER by Claire Berlaar | €216,378 | €20,479 | 29.4% | - |
| LÉA ROSE Antwerp | €215,187 | €17,776 | 68.4% | - |
| EPS Solutions Wanze | €141,887 | €32,018 | 13.4% | - |
| SOPHIC Bertem | €121,906 | €31,638 | 10.3% | - |
| Frontrow Agency Antwerp | €163,599 | €39,672 | 8.3% | - |
These companies have the same main activity as CELEST: retail sale of women's outerwear (NACE 47711). They are comparable in size and age: total assets between €122,000 and €216,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 30-07-2021Normal situation
- Activity
- Retail sale of women's outerwearNACE 47711and 1 other
- Joint committee
- 201Independent retail · annual accounts 30-09-2024
- Establishment unit
- 2.320.032.4398400 Ostend, since 30-07-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 10-12-2025
Annual accounts to 30-09-2025
- €24,087▼ 33.5%
- €14,024▼ 37.9%
- €48,167▲ 41.1%
- €171,154▲ 6.6%
- Filing
- Filed on 08-04-2026, 22 days before the end of the filing period
Insights on CELEST
CELEST files the micro format. That format states no turnover. The gross margin fell from €37,448 in 2022 to €24,087 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 08-04-2026, 22 days before the deadline€24,087
▼ 33.5%
€21,072
▼ 37.9%
€14,024
▼ 37.9%
€74,928
▲ 27.9%
28.1%
▲ 6.9 percentage points
1.82
▲ 0.20
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €92,000 and €540,000.
Balance sheet
balance sheet total €171,154 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
28.1%
Higher than 45% of 22,924 companies in 2025.
1.82
Higher than 60% of 22,052 companies in 2025.
8.2%
Higher than 64% of 22,202 companies in 2025.
CELEST
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
171,154 | 160,565 | 76,368 | 53,935 | |
21/28 |
5,239 | 7,561 | 4,136 | 5,458 | |
22/27 |
5,239 | 7,561 | 4,136 | 5,458 | |
23 |
4,760 | 6,775 | 3,041 | 4,056 | |
26 |
479 | 787 | 1,094 | 1,402 | |
29/58 |
165,915 | 153,004 | 72,232 | 48,477 | |
3 |
126,831 | 135,000 | 61,688 | 31,828 | |
30/36 |
126,831 | 135,000 | 61,688 | 31,828 | |
40/41 |
9,589 | 14,143 | 485 | 5,462 | |
40 |
9,589 | 11,571 | 24 | 3,160 | |
41 |
- | 2,572 | 461 | 2,301 | |
54/58 |
7,919 | 3,760 | 6,116 | 3,367 | |
490/1 |
21,577 | 101 | 3,944 | 7,820 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
171,154 | 160,565 | 76,368 | 53,935 | |
10/15 |
48,167 | 34,143 | 11,553 | 7,342 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | |
13 |
45,667 | 31,643 | 9,053 | 4,842 | |
133 |
45,667 | 31,643 | 9,053 | 4,842 | |
17/49 |
122,987 | 126,422 | 64,816 | 46,593 | |
17 |
32,000 | 32,000 | 32,000 | 20,000 | |
170/4 |
32,000 | 32,000 | 32,000 | 20,000 | |
42/48 |
90,987 | 94,422 | 32,816 | 19,318 | |
44 |
20,694 | 25,176 | 30,183 | 11,398 | |
440/4 |
20,694 | 25,176 | 30,183 | 11,398 | |
46 |
104 | - | - | - | |
45 |
13,221 | 7,974 | 1,538 | 5,955 | |
450/3 |
13,221 | 7,974 | 1,118 | 2,010 | |
454/9 |
- | - | 420 | 3,945 | |
47/48 |
56,968 | 61,273 | 1,094 | 1,965 | |
492/3 |
- | - | - | 7,275 | |
| Income statement | |||||
9900 |
24,087 | 36,221 | 14,457 | 37,448 | |
62 |
- | 264 | 7,099 | 28,382 | |
630 |
2,322 | 1,574 | 1,322 | 1,154 | |
640/8 |
693 | 446 | 479 | 694 | |
9901 |
21,072 | 33,937 | 5,557 | 7,218 | |
75/76B |
487 | 80 | 137 | 304 | |
75 |
487 | 80 | 137 | 304 | |
65/66B |
480 | 3,453 | 365 | 1,325 | |
65 |
480 | 3,453 | 365 | 1,325 | |
9903 |
21,078 | 30,564 | 5,329 | 6,197 | |
67/77 |
7,054 | 7,974 | 1,118 | 1,355 | |
9904 |
14,024 | 22,590 | 4,210 | 4,842 | |
9905 |
14,024 | 22,590 | 4,210 | 4,842 | |
| Appropriation of the result | |||||
9906 |
14,024 | 22,590 | 4,210 | 4,842 | |
691/2 |
14,024 | 22,590 | 4,210 | 4,842 | |
6921 |
14,024 | 22,590 | 4,210 | 4,842 | |
| Social balance sheet | |||||
9087 |
- | - | 0.9 | 0.8 | |
Hours worked1013 |
- | - | 300 | 1,622 | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 23,394 | 35,512 | 6,879 | 8,372 | ||
| 16,347 | 24,165 | 5,533 | 5,996 | ||
| 0 | 5,000 | 0 | 6,612 | ||
| 4,158 | -2,356 | 2,749 | - | ||
| 74,928 | 58,582 | 39,417 | 29,159 | ||
| 28.1% | 21.3% | 15.1% | 13.6% | ||
| 1.82 | 1.62 | 2.20 | 2.51 | ||
| 0.43 | 0.19 | 0.32 | 0.86 | ||
| 2.55 | 3.70 | 5.61 | 6.35 | ||
| 29.1% | 66.2% | 36.4% | 66.0% | ||
| 8.2% | 14.1% | 5.5% | 9.0% | ||
| 48.69 | 10.28 | 18.84 | 6.32 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 2 | 1 |
| full-time | - | - | 1 |
| part-time | - | 2 | - |
| in full-time equivalents | - | 0.6 | 1 |
| - | 0.4 | 0.8 | |
| Joined | 0 | 1 | 3 |
| Left | 2 | 0 | 2 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €5,000 | - | €6,612 |
| €2,322 | €1,574 | €1,322 | €1,154 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on CELEST
The operating result for 2025 is 38% lower than in 2024.
Debt's share of the balance-sheet total falls from 78.7% to 71.9%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 26-07-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 08-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 03-08-2021
Mandates through the years
1 name, the dashed line is todayDIELEMAN Christel Maria Edgard
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DIELEMAN Christel Maria Edgard
- Director (not named in the articles), from 26-07-2021 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €482 in 2025
- Source
- deed of 03-08-2021
Articles of association
deed of 03-08-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of March at 20:00
Founder
At incorporation
deed of 03-08-2021 ↗
- DIELEMAN Christel Maria Edgard sole founder · 100% at incorporation
Network & group
No group
CELEST has no parent and no holdings in its annual accounts. DIELEMAN Christel Maria Edgard is the only director. CELEST shares no director with another company.
Timeline
Timeline
10 events since 2021Filings
Financial
Establishments
Address
202220242026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 22 days before the deadline
2025
Registered office moved within OstendNew registered office: Raversijdestraat 24 bus 02/05, 8400 Oostende · Previous registered office: Raversijdestraat 54, 8400 Oostende · Board meeting of 20-10-20252 points ▸
- Board meeting, 20-10-2025
- Registered-office move, Raversijdestraat 24 bus 02/05, 8400 Oostende
Registered in the Peppol Directory Reachable for e-invoices through 0208:0771877401
Registered office moved from Hamme to OstendNew registered office: Raversijdestraat 54, 8400 Oostende · Previous registered office: Roodkruisstraat 54, 9220 Hamme · Board meeting of 19-09-20242 points ▸
- Registered-office move, Raversijdestraat 54, 8400 Oostende
- Board meeting, 19-09-2024
Annual accounts 2024 filed PDFmicro format · 21 days before the deadline
2024
Highest result from 2022 to 2025 net €22,590 ▲437% The operating result of €33,937 and the net result of €22,590 are both a record.
Annual accounts 2023 filed PDFmicro format · 19 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 23 days before the deadline
2021
IncorporationFounding capital of €2,500, 100 shares · Founder: DIELEMAN Christel Maria Edgard · Appointment: DIELEMAN Christel Maria Edgard (director) · published on 03-08-20213 points ▸
- Founder, DIELEMAN Christel Maria Edgard
- Founding capital, €2,500, 100 shares
- Director appointment, DIELEMAN Christel Maria Edgard (director (not named in the articles))
- The deed holds 3 more points.
First establishment Raversijdestraat 24, Ostend
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 30 July 2021, CELEST was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2025 the registered office moved to Ostend.3 DIELEMAN Christel Maria Edgard has served as director since 2021.4 Total assets went from €53,935 in 2022 to €171,154 in 2025.5
Company details
Identity
- Enterprise number
- 0771.877.401
- VAT number
- BE 0771.877.401
- Peppol ID
- 0208:0771877401
- Other Peppol ID
- 9925:BE0771877401
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-07-2021
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of March at 20:00deed of 03-08-2021 (in Dutch)
- Peppol
- Reachable since 10-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CELEST in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-08-2021 (in Dutch)
Activities
NACEBEL 202547711
Retail sale of women's outerwear main activity
47721
Retail sale of footwear
Joint committees annual accounts 30-09-2024
JC 201
Independent retail
Codes under NACEBEL 2008
47711
Retail trade main activity
47721
Retail trade
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Groot- en kleinhandel in kledij,schoeisel en allerlei textielwaren voor heren en jongens,voor dames en meisjes; Groot- en kleinhandel in…”deed of 03-08-2021 (in Dutch)
10 activities
- Groot- en kleinhandel in kledij,schoeisel en allerlei textielwaren voor heren en jongens,voor dames en meisjes
- Groot- en kleinhandel in uurwerkwaren,fantasiebijouterieën en ceinturen
- Het organiseren,coördineren en promoten van evenementen,waaronder mode- en lifestyle shows,optredens van zangers,acte de prèsence van Bekende Vlamingen,castings van modellen en fotoreportages in de media,enz
- Het verlenen van de diensten en adviezen aan personen en bedrijven,in het algemeen met betrekking tot het bedrijfsbeheer,bedrijfseconomische en bedrijfstechnische aangelegenheden,en al wat daarmede rechtstreeks of onrechtstreeks verband houdt
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van roerend en onroerend patrimonium
- Onroerende goederen aanwerven,laten bouwen,laten opschikken,laten uitrusten,ombouwen met het oog op beheer en opbrengst;onroerende goederen vervreemden met het oog op wederbelegging en opbrengst;beschikbare middelen beleggen in roerende goederen en waarden,zonder activiteit als vastgoedhandelaar
- Alle burgerlijke,industriële,commerciële,financiële,roerende en onroerende handelingen in rechtstreeks of onrechtstreeks verband met haar doel,die verwezenlijking vergemakkelijken of uitbreiden,daartoe noodzakelijk,nuttig of bevorderend
- Rechtstreeks of onrechtstreeks belangen nemen door deelneming,inbreng of elke andere wijze,door associatie,inbreng,fusie,financiële tussenkomst in vennootschappen,ondernemingen,samenwerkingsverbanden,beroepsverenigingen,groeperingen,verenigingen,bestaande of op te richten,in België en buitenland,met aanvullend,soortgelijk,identiek,gelijklopend of samenhangend doel of bevorderlijk voor ontwikkeling of afzet
- Optreden als bestuurder of vereffenaar in andere vennootschappen;functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen
- Borg staan voor derden,bestuurders en vennoten;leningen,voorschotten en kredieten toestaan,behoudens wettelijke beperkingen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Raversijdestraat 24 registered office 8400 Ostend 47714 Retail trade | 30-07-2021 | 2.320.032.439 |
1 former office
- 9220 Hamme until the deed of 30-05-2025
Buildings and parcels at the address
- Ground area
- 1,180 m²
- Buildings
- 837 m²
- Volume, LiDAR
- 16,905 m³
- Tallest building
- 23.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35385B0023/00B002 | 1,180 m² | 1 · 837 m² | 23.6 m · 7 |