CELSIUS: what changed
Two financial 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.
CELSIUS
Largest movements
- Tangible fixed assets +€26,866
up €26,866 (+5.1%), from €528,945 to €555,811
of which Land and buildings: +€474,656
- Cash -€11,227
down €11,227 (-49.9%), from €22,480 to €11,253
mainly Investment in fixed assets (net) (-€56,423) and Debts after one year (-€20,971)
- Other debts +€60,625
up €60,625 (+122%), from €49,780 to €110,405
- Debts after one year -€20,971
down €20,971 (-5.3%), from €398,937 to €377,966
- Trade debts -€19,144
down €19,144 (-42.6%), from €44,942 to €25,798
- Gross operating margin +€19,925
up €19,925 (+75.7%), from €26,320 to €46,244
- Depreciation +€15,403
up €15,403 (+109%), from €14,153 to €29,557
- Financial charges +€6,214
up €6,214 (+83.1%), from €7,478 to €13,691
- Staff costs -€2,293
down €2,293 (-98.0%), from €2,340 to €48
- Other operating charges +€1,249
up €1,249 (+246%), from €508 to €1,757
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.
Derived cash bridge
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 | €562,153 | €577,331 | +€15,178 | +2.7% |
| Fixed assets | 21/28 | €528,945 | €555,811 | +€26,866 | +5.1% |
| Tangible fixed assets | 22/27 | €528,945 | €555,811 | +€26,866 | +5.1% |
| Land and buildings | 22 | €59,648 | €534,303 | +€474,656 | +796% |
| Plant, machinery and equipment | 23 | €1,495 | €4,898 | +€3,402 | +228% |
| Furniture and vehicles | 24 | €15,394 | €16,610 | +€1,216 | +7.9% |
| Assets under construction and advance payments | 27 | €452,408 | - | -€452,408 | |
| Current assets | 29/58 | €33,208 | €21,520 | -€11,688 | -35.2% |
| Stocks and contracts in progress | 3 | €187 | €187 | = | 0.0% |
| Stocks | 30/36 | €187 | €187 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,978 | €9,210 | +€232 | +2.6% |
| Trade receivables | 40 | €8,951 | €0 | -€8,951 | -100% |
| Other amounts receivable | 41 | €28 | €9,210 | +€9,182 | +33,102% |
| Cash at bank and in hand | 54/58 | €22,480 | €11,253 | -€11,227 | -49.9% |
| Deferred charges and accrued income | 490/1 | €1,562 | €870 | -€693 | -44.3% |
| Total equity and liabilities | 10/49 | €562,153 | €577,331 | +€15,178 | +2.7% |
| Equity | 10/15 | €37,537 | €37,537 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,295 | €13,295 | = | 0.0% |
| Distributable reserves | 133 | €13,295 | €13,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,042 | €18,042 | = | 0.0% |
| Amounts payable | 17/49 | €524,616 | €539,794 | +€15,178 | +2.9% |
| Amounts payable after more than one year | 17 | €398,937 | €377,966 | -€20,971 | -5.3% |
| Financial debts | 170/4 | €398,937 | €377,966 | -€20,971 | -5.3% |
| Amounts payable within one year | 42/48 | €125,679 | €161,828 | +€36,149 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €23,232 | €20,971 | -€2,261 | -9.7% |
| Trade debts | 44 | €44,942 | €25,798 | -€19,144 | -42.6% |
| Suppliers | 440/4 | €44,942 | €25,798 | -€19,144 | -42.6% |
| Taxes, remuneration and social security | 45 | €7,724 | €4,653 | -€3,071 | -39.8% |
| Taxes | 450/3 | €7,724 | €4,653 | -€3,071 | -39.8% |
| Other amounts payable | 47/48 | €49,780 | €110,405 | +€60,625 | +122% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Non-recurring operating income | 76A | - | €8,625 | +€8,625 | |
| Remuneration, social security and pensions | 62 | €2,340 | €48 | -€2,293 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,153 | €29,557 | +€15,403 | +109% |
| Other operating charges | 640/8 | €508 | €1,757 | +€1,249 | +246% |
| Gross operating margin | 9900 | €26,320 | €46,244 | +€19,925 | +75.7% |
| Operating profit (loss) | 9901 | €9,318 | €14,883 | +€5,565 | +59.7% |
| Financial income | 75/76B | €523 | €5 | -€517 | -99.0% |
| Recurring financial income | 75 | €523 | €5 | -€517 | -99.0% |
| Financial charges | 65/66B | €7,478 | €13,691 | +€6,214 | +83.1% |
| Recurring financial charges | 65 | €7,478 | €13,691 | +€6,214 | +83.1% |
| Profit (loss) for the period before taxes | 9903 | €2,363 | €1,197 | -€1,165 | -49.3% |
| Income taxes | 67/77 | €1,383 | €574 | -€809 | -58.5% |
| Profit (loss) for the period | 9904 | €980 | €623 | -€357 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €980 | €623 | -€357 | -36.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.