Celestial Group: 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.
Celestial Group
Largest movements
- Receivables within one year -€422,735
down €422,735 (-56.9%), from €742,956 to €320,222
of which Other amounts receivable: -€276,879
- Tangible fixed assets -€68,332
down €68,332 (-73.2%), from €93,368 to €25,037
of which Plant, machinery and equipment: -€35,993
- Financial fixed assets -€54,560
down €54,560 (-65.6%), from €83,160 to €28,600
- Stocks and contracts -€34,479
down €34,479 (-85.8%), from €40,189 to €5,710
- Receivables after one year -€31,719
down €31,719 (-50.0%), from €63,438 to €31,719
- Other debts +€751,092
new in 2025: €751,092
- Profit (loss) carried forward -€732,663
down €732,663, from €24 to -€732,639
- Reserves -€658,200
down €658,200 (-99.1%), from €664,400 to €6,200
of which Distributable reserves: -€658,200
- Trade debts +€61,507
up €61,507 (+36.1%), from €170,434 to €231,941
- Advances received -€19,993
down €19,993 (-93.8%), from €21,306 to €1,313
- Gross operating margin -€451,076
down €451,076 (-57.4%), from €785,643 to €334,567
- Turnover -€389,774
down €389,774 (-21.4%), from €1.8m to €1.4m
- Purchases and services +€98,880
up €98,880 (+10.1%), from €977,433 to €1.1m
- Staff costs +€47,007
up €47,007 (+5.5%), from €848,847 to €895,854
- Financial income -€30,329
down €30,329 (-54.6%), from €55,569 to €25,240
of which Non-recurring financial income: -€45,667
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 | €1,054,349 | €448,235 | -€606,114 | -57.5% |
| Fixed assets | 21/28 | €176,528 | €53,637 | -€122,892 | -69.6% |
| Tangible fixed assets | 22/27 | €93,368 | €25,037 | -€68,332 | -73.2% |
| Plant, machinery and equipment | 23 | €61,029 | €25,037 | -€35,993 | -59.0% |
| Furniture and vehicles | 24 | €1,355 | - | -€1,355 | |
| Other tangible fixed assets | 26 | €30,984 | - | -€30,984 | |
| Financial fixed assets | 28 | €83,160 | €28,600 | -€54,560 | -65.6% |
| Current assets | 29/58 | €877,820 | €394,598 | -€483,222 | -55.0% |
| Amounts receivable after more than one year | 29 | €63,438 | €31,719 | -€31,719 | -50.0% |
| Trade receivables | 290 | €63,438 | €31,719 | -€31,719 | -50.0% |
| Stocks and contracts in progress | 3 | €40,189 | €5,710 | -€34,479 | -85.8% |
| Contracts in progress | 37 | €40,189 | €5,710 | -€34,479 | -85.8% |
| Amounts receivable within one year | 40/41 | €742,956 | €320,222 | -€422,735 | -56.9% |
| Trade receivables | 40 | €427,400 | €281,544 | -€145,856 | -34.1% |
| Other amounts receivable | 41 | €315,556 | €38,678 | -€276,879 | -87.7% |
| Cash at bank and in hand | 54/58 | €10,112 | €11,184 | +€1,071 | +10.6% |
| Deferred charges and accrued income | 490/1 | €21,125 | €25,764 | +€4,639 | +22.0% |
| Total equity and liabilities | 10/49 | €1,054,349 | €448,235 | -€606,114 | -57.5% |
| Equity | 10/15 | €726,424 | -€664,439 | -€1.4m | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €664,400 | €6,200 | -€658,200 | -99.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €658,200 | - | -€658,200 | |
| Profit (loss) carried forward | 14 | €24 | -€732,639 | -€732,663 | |
| Provisions and deferred taxes | 16 | - | €352 | +€352 | |
| Provisions for liabilities and charges | 160/5 | - | €352 | +€352 | |
| Pensions and similar obligations | 160 | - | €352 | +€352 | |
| Amounts payable | 17/49 | €327,925 | €1,112,322 | +€784,397 | +239.2% |
| Amounts payable within one year | 42/48 | €295,752 | €1,083,446 | +€787,695 | +266.3% |
| Trade debts | 44 | €170,434 | €231,941 | +€61,507 | +36.1% |
| Suppliers | 440/4 | €170,434 | €231,941 | +€61,507 | +36.1% |
| Advances received on contracts in progress | 46 | €21,306 | €1,313 | -€19,993 | -93.8% |
| Taxes, remuneration and social security | 45 | €104,011 | €99,100 | -€4,911 | -4.7% |
| Taxes | 450/3 | €19,963 | €4,663 | -€15,300 | -76.6% |
| Remuneration and social security | 454/9 | €84,048 | €94,438 | +€10,389 | +12.4% |
| Other amounts payable | 47/48 | - | €751,092 | +€751,092 | |
| Accrued charges and deferred income | 492/3 | €32,173 | €28,876 | -€3,297 | -10.2% |
| Turnover | 70 | €1,825,313 | €1,435,539 | -€389,774 | -21.4% |
| Non-recurring operating income | 76A | €2,720 | €30,524 | +€27,804 | +1022.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €977,433 | €1,076,313 | +€98,880 | +10.1% |
| Remuneration, social security and pensions | 62 | €848,847 | €895,854 | +€47,007 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,576 | €48,796 | -€9,781 | -16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,738 | -€6,048 | -€10,786 | |
| Other operating charges | 640/8 | €22,409 | €10,556 | -€11,853 | -52.9% |
| Non-recurring operating charges | 66A | - | €765,237 | +€765,237 | |
| Gross operating margin | 9900 | €785,643 | €334,567 | -€451,076 | -57.4% |
| Operating profit (loss) | 9901 | -€148,927 | -€1,379,827 | -€1.2m | -826.5% |
| Financial income | 75/76B | €55,569 | €25,240 | -€30,329 | -54.6% |
| Recurring financial income | 75 | €9,902 | €25,240 | +€15,338 | +154.9% |
| Non-recurring financial income | 76B | €45,667 | - | -€45,667 | |
| Financial charges | 65/66B | €9,545 | €34,184 | +€24,638 | +258.1% |
| Recurring financial charges | 65 | €9,545 | €34,184 | +€24,638 | +258.1% |
| Profit (loss) for the period before taxes | 9903 | -€102,903 | -€1,388,770 | -€1.3m | -1249.6% |
| Income taxes | 67/77 | €1,795 | €2,093 | +€298 | +16.6% |
| Profit (loss) for the period | 9904 | -€104,698 | -€1,390,863 | -€1.3m | -1228.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,698 | -€1,390,863 | -€1.3m | -1228.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.