CELIN
InactiveFinancials · financial year 2026, micro format
Equity
€233,098▲ 0.8%
2025 · €231,173
Total assets
€233,098▼ 7.7%
2025 · €252,431
Net result
€1,925▼ 99.2%
2025 · €248,516
Working capital
€231,173▲ 36×
2024 · €6,506
Trend over the years
2022 to 2026, 5 financial years 2018 to 2026, 9 financial years
The operating result turns negative in 2026: a loss of €3,590 after €342,973 in 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€3,590
2026
Net result€1,925
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€233,098
2026
Equity€233,098
2026
Debt€21,258
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€231,173
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€89--€1,506€7,351-€225-€12,532▼ 5,476%-€17,988▼ 43.5%€4,507€342,973▲ 76×-€3,590
Net result-€390--€1,811▼ 364%€6,975-€452-€12,837▼ 2,739%-€18,503▼ 44.1%€3,984€248,516▲ 62×€1,925▼ 99.2%
Equity€5,302-€3,491▼ 34.2%€10,466▲ 200%€10,014▼ 4.3%-€2,824-€21,327▼ 655%-€17,343▲ 18.7%€231,173€233,098▲ 0.8%
Total assets€93,158-€81,831▼ 12.2%€76,666▼ 6.3%€74,738▼ 2.5%€62,509▼ 16.4%€49,441▼ 20.9%€48,422▼ 2.1%€252,431▲ 421%€233,098▼ 7.7%
Debt€87,855-€78,340▼ 10.8%€66,201▼ 15.5%€64,725▼ 2.2%€65,332▲ 0.9%€70,768▲ 8.3%€65,766▼ 7.1%€21,258▼ 67.7%
Working capital€33,706-€26,135▼ 22.5%€27,167▲ 3.9%€22,444▼ 17.4%€13,635▼ 39.2%-€1,062€6,506€231,173▲ 36×
Turnover and EBIT margin not published: the micro format does not require them.
Why a figure moved sharply
- 2026 Net result -99% on 2025. This financial year ran 9 months, the previous one 12.
Key figures and ratios
Solvency
100.0%▲
2025 · 91.6%
ROE
0.8%▼
2025 · 107.5%
ROA
0.8%▼
2025 · 98.4%
Income taxes
€642▼
2025 · €98,515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €2,800 | €338,349 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,376 | €4,203 | €4,000 | €4,033 | €4,051 | €3,804 | €3,528 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €4,471 | - | - | - |
| Other operating charges640/8 | - | - | - | €3,020 | €3,259 | €3,794 | €4,019 | €2,317 | €548 | ▼ 76.4% |
| Gross operating margin9900 | €7,592 | €6,349 | €14,493 | €6,829 | -€5,222 | -€10,391 | €16,525 | €345,290 | -€3,042 | - |
| Operating profit (loss)9901 | €89 | -€1,506 | €7,351 | -€225 | -€12,532 | -€17,988 | €4,507 | €342,973 | -€3,590 | - |
| Financial income75/76B | - | - | - | €10 | €0 | €0 | - | €4,187 | €6,218 | ▲ 48.5% |
| Recurring financial income75 | €29 | €2 | €41 | €10 | €0 | €0 | - | €4,187 | €6,218 | ▲ 48.5% |
| Financial charges65/66B | - | - | - | €107 | €163 | €158 | €153 | €130 | €61 | ▼ 53.0% |
| Recurring financial charges65 | €146 | €179 | €129 | €107 | €163 | €158 | €153 | €130 | €61 | ▼ 53.0% |
| Profit (loss) for the period before taxes9903 | -€28 | -€1,683 | €7,263 | -€321 | -€12,695 | -€18,146 | €4,355 | €347,031 | €2,567 | ▼ 99.3% |
| Income taxes67/77 | €362 | €129 | €288 | €131 | €142 | €358 | €371 | €98,515 | €642 | ▼ 99.3% |
| Profit (loss) for the period9904 | -€390 | -€1,811 | €6,975 | -€452 | -€12,837 | -€18,503 | €3,984 | €248,516 | €1,925 | ▼ 99.2% |
| Profit (loss) for the period to be appropriated9905 | -€390 | -€1,811 | €6,975 | -€452 | -€12,837 | -€18,503 | €3,984 | €248,516 | €1,925 | ▼ 99.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €93,158 | €81,831 | €76,666 | €74,738 | €62,509 | €49,441 | €48,422 | €252,431 | €233,098 | ▼ 7.7% |
| Fixed assets21/28 | €51,596 | €47,393 | €43,392 | €40,132 | €36,082 | €32,278 | €28,651 | - | - | - |
| Tangible fixed assets22/27 | €51,497 | €47,294 | €43,293 | €40,033 | €35,982 | €32,179 | €28,651 | - | - | - |
| Land and buildings22 | - | - | - | €39,500 | €35,707 | €32,179 | €28,651 | - | - | - |
| Furniture and vehicles24 | - | - | - | €533 | €275 | - | - | - | - | - |
| Financial fixed assets28 | €99 | €99 | €99 | €99 | €99 | €99 | - | - | - | - |
| Current assets29/58 | €41,561 | €34,438 | €33,274 | €34,606 | €26,427 | €17,163 | €19,772 | €252,431 | €233,098 | ▼ 7.7% |
| Stocks and contracts in progress3 | €31,985 | €30,516 | €30,830 | €31,647 | €20,466 | €11,465 | - | - | - | - |
| Stocks30/36 | - | - | - | €31,647 | €20,466 | €11,465 | - | - | - | - |
| Amounts receivable within one year40/41 | €3,013 | €1,400 | €394 | €1,150 | €3,109 | €3,334 | €10,138 | €227,225 | €231,724 | ▲ 2.0% |
| Trade receivables40 | - | - | - | €479 | €2,638 | €2,878 | €10,138 | - | - | - |
| Other amounts receivable41 | - | - | - | €671 | €471 | €456 | - | €227,225 | €231,724 | ▲ 2.0% |
| Cash at bank and in hand54/58 | €5,054 | €1,725 | €1,113 | €589 | €1,733 | €1,364 | €8,846 | €25,205 | €1,374 | ▼ 94.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,219 | €1,119 | €1,000 | €787 | - | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €93,158 | €81,831 | €76,666 | €74,738 | €62,509 | €49,441 | €48,422 | €252,431 | €233,098 | ▼ 7.7% |
| Equity10/15 | €5,302 | €3,491 | €10,466 | €10,014 | -€2,824 | -€21,327 | -€17,343 | €231,173 | €233,098 | ▲ 0.8% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | - | - | - | - | - | - | - | €212,581 | €212,581 | = |
| Distributable reserves133 | - | - | - | - | - | - | - | €212,581 | €212,581 | = |
| Profit (loss) carried forward14 | -€13,290 | -€15,101 | -€8,126 | -€8,578 | -€21,416 | -€39,919 | -€35,935 | - | €1,925 | - |
| Amounts payable17/49 | €87,855 | €78,340 | €66,201 | €64,725 | €65,332 | €70,768 | €65,766 | €21,258 | - | - |
| Amounts payable after more than one year17 | €80,000 | €70,000 | €60,000 | €52,500 | €52,500 | €52,500 | €52,500 | - | - | - |
| Financial debts170/4 | - | - | - | €52,500 | €52,500 | €52,500 | €52,500 | - | - | - |
| Amounts payable within one year42/48 | €7,855 | €8,304 | €6,108 | €12,162 | €12,792 | €18,225 | €13,266 | €21,258 | - | - |
| Trade debts44 | €3,851 | €4,767 | €827 | €3,263 | €4,442 | €3,026 | €307 | - | - | - |
| Suppliers440/4 | - | - | - | €3,263 | €4,442 | €3,026 | €307 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €619 | €673 | €358 | €896 | €21,258 | - | - |
| Taxes450/3 | - | - | - | €619 | €673 | €358 | €896 | €21,258 | - | - |
| Other amounts payable47/48 | - | - | - | €8,280 | €7,677 | €14,841 | €12,062 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €63 | €41 | €43 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€390 | -€1,811 | €6,975 | -€452 | -€12,837 | -€18,503 | €3,984 | €248,516 | €1,925 | ▼ 99.2% |
| + Depreciation and write-downs630 | €4,376 | €4,203 | €4,000 | €4,033 | €4,051 | €3,804 | €3,528 | - | - | - |
| Operating cash flow (approximation) | €3,986 | €2,392 | €10,975 | €3,581 | -€8,787 | -€14,700 | €7,512 | €248,516 | €1,925 | ▼ 99.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€773 | €0 | €0 | €99 | - | - | - |
| Change in cash | - | -€3,329 | -€611 | -€524 | €1,144 | -€369 | €7,483 | €16,359 | -€23,831 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 25-09-2026 | micro format | 29-09-2026 | 2026-00531883 |
| 31-12-2025 | micro format | 03-07-2026 | 2026-00252464 |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00287815 |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00124959 |
| 31-12-2022 | micro format | 13-06-2023 | 2023-00122773 |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20199966 |
| 31-12-2020 | micro format | 14-06-2021 | 2021-20200153 |
| 31-12-2019 | micro format | 31-07-2020 | 2020-38000433 |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40800536 |
| 31-12-2017 | micro format | 23-07-2018 | 2018-36700571 |
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €4,000 awarded · €4,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €2,000 | €2,000 |
| 2022 | 1 | €2,000 | €2,000 |
Schemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.