CELTIMO
ActiveSummary
CELTIMO has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of -€2,590. Equity is growing by about 3.9% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€3.3m▼ 0.1%
2024 · €3.3m
Total assets
€6.7m=
2024 · €6.7m
Net result
-€2,590▼ 822%
2024 · -€281
Working capital
€643,490▲ 341%
2019 · €146,070
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €2,999 in 2025 against €4,881 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.003m
2025
Net result-€0.003m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6.7m
2025
Equity€3.3m
2025
Debt€3.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.03m--€0.003m▲ 89.2%-€0.002m▲ 22.9%-€0.004m▼ 65.3%-€0.002m▲ 41.0%-€0.004m▼ 112%-€0.005m▼ 9.3%-€0.003m▲ 38.6%
Net result€1.6m-€0.9m▼ 44.9%-€0.002m€0.3m€0.3m▲ 0.6%-€0.004m-€281▲ 93.7%-€0.003m▼ 822%
Equity€1.9m-€2.8m▲ 47.2%€2.8m▼ 0.1%€3.1m▲ 9.0%€3.3m▲ 8.3%€3.3m▼ 0.1%€3.3m=€3.3m▼ 0.1%
Total assets€9.8m-€6.2m▼ 36.7%€6.2m=€6.5m▲ 4.0%€6.7m▲ 3.9%€6.7m▼ 0.1%€6.7m=€6.7m=
Debt€7.9m-€3.4m▼ 56.9%€3.4m=€3.4m=€3.4m=€3.4m=€3.4m=€3.4m=
Working capital€3.1m-€0.1m▼ 95.4%€0.6m
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.7m
Fixed assets
€6.1m =
Current assets
€640,899 ▼ 0.4%
Equity and liabilities €6.7m
Equity
€3.3m ▼ 0.1%
Debt
€3.4m =
Debt's share of the balance-sheet total stays at 50.8%.
Key figures and ratios
Debt to equity
1.03▲
2024 · 1.03
ROE
-0.1%▼
2024 · 0.0%
ROA
0.0%▼
2024 · 0.0%
Debt > 1 year
€3.4m=
2024 · €3.4m
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 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 3.0% |
| Gross operating margin9900 | -€0.02m | -€0.002m | -€0.001m | -€0.003m | -€0.001m | -€0.003m | -€0.004m | -€0.002m | ▲ 49.7% |
| Operating profit (loss)9901 | -€0.03m | -€0.003m | -€0.002m | -€0.004m | -€0.002m | -€0.004m | -€0.005m | -€0.003m | ▲ 38.6% |
| Financial income75/76B | - | - | - | €0.3m | €0.3m | - | €0.005m | €409 | ▼ 91.1% |
| Recurring financial income75 | €3.1m | €1.5m | - | €0.3m | €0.3m | - | €0.005m | €409 | ▼ 91.1% |
| Financial charges65/66B | - | - | - | - | - | €0 | €0 | - | - |
| Recurring financial charges65 | €55 | €64 | €16 | - | - | €0 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €1.6m | €0.9m | -€0.002m | €0.3m | €0.3m | -€0.004m | -€281 | -€0.003m | ▼ 822% |
| Profit (loss) for the period9904 | €1.6m | €0.9m | -€0.002m | €0.3m | €0.3m | -€0.004m | -€281 | -€0.003m | ▼ 822% |
| Profit (loss) for the period to be appropriated9905 | €1.6m | €0.9m | -€0.002m | €0.3m | €0.3m | -€0.004m | -€281 | -€0.003m | ▼ 822% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €9.8m | €6.2m | €6.2m | €6.5m | €6.7m | €6.7m | €6.7m | €6.7m | = |
| Fixed assets21/28 | €6.7m | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Financial fixed assets28 | €6.7m | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Current assets29/58 | €3.2m | €0.1m | €0.1m | €0.4m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.4% |
| Amounts receivable within one year40/41 | €3.1m | - | - | - | - | - | €0.001m | €0.1m | ▲ 9,450% |
| Other amounts receivable41 | - | - | - | - | - | - | €0.001m | €0.1m | ▲ 9,450% |
| Cash at bank and in hand54/58 | €0.01m | €0.1m | €0.1m | €0.4m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 20.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €9.8m | €6.2m | €6.2m | €6.5m | €6.7m | €6.7m | €6.7m | €6.7m | = |
| Equity10/15 | €1.9m | €2.8m | €2.8m | €3.1m | €3.3m | €3.3m | €3.3m | €3.3m | ▼ 0.1% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €1.7m | €2.6m | €2.6m | €2.8m | €3.1m | €3.1m | €3.1m | €3.1m | ▼ 0.1% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | €0.02m | - | - | - |
| Distributable reserves133 | - | - | - | €2.8m | €3.0m | €3.0m | €3.1m | €3.1m | ▼ 0.1% |
| Profit (loss) carried forward14 | -€0.1m | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €7.9m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | = |
| Amounts payable after more than one year17 | €7.9m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | = |
| Financial debts170/4 | - | - | - | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | = |
| Amounts payable within one year42/48 | €0.009m | €76 | - | - | - | - | €34 | - | - |
| Trade debts44 | - | €76 | - | - | - | - | €34 | - | - |
| Suppliers440/4 | - | - | - | - | - | - | €34 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.6m | €0.9m | -€0.002m | €0.3m | €0.3m | -€0.004m | -€281 | -€0.003m | ▼ 822% |
| Operating cash flow (approximation) | €1.6m | €0.9m | -€0.002m | €0.3m | €0.3m | -€0.004m | -€281 | -€0.003m | ▼ 822% |
| Investment in fixed assets (approximation) | - | €0.6m | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.1m | -€0.002m | €0.3m | €0.3m | -€0.004m | -€0.002m | -€0.1m | ▼ 8,077% |
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 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-05-2026 | 2026-00125880 |
| 31-12-2024 | abbreviated format | 29-04-2025 | 2025-00079561 |
| 31-12-2023 | abbreviated format | 30-04-2024 | 2024-00078469 |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00137723 |
| 31-12-2021 | abbreviated format | 11-04-2022 | 2022-20002003 |
| 31-12-2020 | abbreviated format | 12-05-2021 | 2021-13900324 |
| 31-12-2019 | abbreviated format | 03-04-2020 | 2020-09000028 |
| 31-12-2018 | abbreviated format | 12-04-2019 | 2019-09800213 |
| 31-12-2017 | abbreviated format | 29-03-2018 | 2018-08300528 |
| 31-12-2016 | abbreviated format | 03-04-2017 | 2017-08600579 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.