CELESTAT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CELESTAT
Largest movements
- Receivables within one year +€11,115
up €11,115 (+40.8%), from €27,258 to €38,373
- Cash -€9,672
down €9,672 (-6.2%), from €155,011 to €145,339
mainly Receivables within one year (-€11,115) and Tax, wage and social debts (-€2,759)
- Tangible fixed assets -€3,615
down €3,615 (-3.6%), from €101,232 to €97,617
of which Land and buildings: -€3,399
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€7,256
down €7,256 (-51.9%), from €13,976 to €6,720
- Taxes -€2,093
down €2,093 (-63.7%), from €3,285 to €1,192
- Financial income +€750
up €750 (+76.9%), from €975 to €1,725
- Other operating charges -€610
down €610 (-20.4%), from €2,994 to €2,385
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,739 | €302,471 | -€2,268 | -0.7% |
| Fixed assets | 21/28 | €121,105 | €117,490 | -€3,615 | -3.0% |
| Tangible fixed assets | 22/27 | €101,232 | €97,617 | -€3,615 | -3.6% |
| Land and buildings | 22 | €99,762 | €96,362 | -€3,399 | -3.4% |
| Plant, machinery and equipment | 23 | €1,471 | €1,255 | -€215 | -14.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €19,873 | €19,873 | = | 0.0% |
| Current assets | 29/58 | €183,634 | €184,981 | +€1,347 | +0.7% |
| Amounts receivable within one year | 40/41 | €27,258 | €38,373 | +€11,115 | +40.8% |
| Other amounts receivable | 41 | €27,258 | €38,373 | +€11,115 | +40.8% |
| Cash at bank and in hand | 54/58 | €155,011 | €145,339 | -€9,672 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,366 | €1,269 | -€97 | -7.1% |
| Total equity and liabilities | 10/49 | €304,739 | €302,471 | -€2,268 | -0.7% |
| Equity | 10/15 | €300,389 | €301,562 | +€1,173 | +0.4% |
| Contributions | 10/11 | €31,025 | €31,025 | = | 0.0% |
| Reserves | 13 | €269,364 | €270,537 | +€1,173 | +0.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €263,164 | €264,337 | +€1,173 | +0.4% |
| Amounts payable | 17/49 | €4,350 | €909 | -€3,442 | -79.1% |
| Amounts payable within one year | 42/48 | €3,089 | €204 | -€2,884 | -93.4% |
| Trade debts | 44 | €330 | €204 | -€125 | -38.0% |
| Suppliers | 440/4 | €330 | €204 | -€125 | -38.0% |
| Taxes, remuneration and social security | 45 | €2,759 | €0 | -€2,759 | -100.0% |
| Taxes | 450/3 | €2,759 | €0 | -€2,759 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,262 | €704 | -€558 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,548 | €3,615 | +€67 | +1.9% |
| Other operating charges | 640/8 | €2,994 | €2,385 | -€610 | -20.4% |
| Gross operating margin | 9900 | €13,976 | €6,720 | -€7,256 | -51.9% |
| Operating profit (loss) | 9901 | €7,434 | €720 | -€6,713 | -90.3% |
| Financial income | 75/76B | €975 | €1,725 | +€750 | +76.9% |
| Recurring financial income | 75 | €975 | €1,725 | +€750 | +76.9% |
| Financial charges | 65/66B | €70 | €80 | +€10 | +14.3% |
| Recurring financial charges | 65 | €70 | €80 | +€10 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €8,338 | €2,365 | -€5,973 | -71.6% |
| Income taxes | 67/77 | €3,285 | €1,192 | -€2,093 | -63.7% |
| Profit (loss) for the period | 9904 | €5,053 | €1,173 | -€3,880 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,053 | €1,173 | -€3,880 | -76.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.