ACTIVE

CELSUS

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Financial year 2025 · closed on 31/12/2025
Net result
5,2 M €
+1181.5% YoY
Revenue
2,5 M €
+6.5% YoY
Equity
26,7 M €
+23.9% YoY
Workforce
7,0 ETP
-11.4% YoY

What does CELSUS do?

CELSUS is a Public limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Aalter. It employs on average 7,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0821.641.963
Incorporation
21/12/2009
Legal form
Public limited company
Registered office
Kraenepoelpad 19
9880 Aalter · FlandreSee on map
Contributed capital
275 622,58 €
Latest accounts
31/12/2025
Average workforce
7,0 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Revenue2,5 M €2,4 M €1,8 M €1,8 M €1,4 M €914,3 k €622,2 k €363,1 k €212,4 k €204,7 k €207,8 k €230,5 k €210,1 k €217,6 k €215 k €212,3 k €–
EBITDA964,6 k €729,2 k €90,6 k €408,7 k €576,8 k €388,6 k €214,8 k €-19,3 k €-17,5 k €-29,2 k €-13,4 k €-25,1 k €-50 k €-2,2 k €6,2 k €-16,1 k €-12 k €
Operating result943 k €727 k €89,1 k €408,2 k €576,6 k €388,6 k €214,8 k €-19,3 k €-17,5 k €-29,2 k €-22,7 k €-36,9 k €-61,8 k €-14,1 k €-5,6 k €-18,6 k €-12 k €
Net result5,2 M €-477,1 k €3,5 M €1,2 M €218,4 k €1,7 M €1,7 M €4 k €3,6 k €2,2 M €1,8 M €1,2 M €7,4 M €43,1 k €7,8 k €3,4 M €-12 k €
Balance sheet
Equity26,7 M €21,5 M €22 M €18,6 M €17,4 M €17,2 M €15,5 M €16,3 M €16,3 M €52,8 M €50,7 M €48,8 M €47,6 M €52,8 M €52,7 M €52,7 M €49,3 M €
Total assets72 M €72,6 M €73,6 M €73,1 M €71,2 M €65 M €50,7 M €53 M €52,9 M €52,9 M €50,7 M €52,7 M €52,8 M €54,8 M €54,2 M €53,1 M €49,4 M €
Cash912,8 k €283,2 k €809,1 k €862,4 k €647,5 k €535 k €2,1 M €276,6 k €318,5 k €45,7 k €50,2 k €913 k €1,3 M €33,5 k €7,2 k €34,8 k €3,1 k €
Debts43,5 M €49,4 M €49,9 M €53,3 M €52,5 M €47,3 M €35,2 M €36,6 M €36,6 M €53,3 k €46,1 k €3,8 M €5,1 M €2 M €1,5 M €373 k €72 k €
Other
Workforce7,0 ETP7,9 ETP7,0 ETP9,0 ETP9,1 ETP6,1 ETP3,6 ETP2,7 ETP1,8 ETP1,8 ETP1,7 ETP1,9 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

CONSCIUS

Director · 0821.418.170

Represented by Dirk VANDENBUSSCHE

Active

Ended mandates

CONSCIUS

Manager · since 18 décembre 2009 · 0821.418.170

Represented by Dirk VANDENBUSSCHE

Ended
CONSCIUS

Manager · since 18 décembre 2009 · 0821.418.170

Represented by Dirk VANDENBUSSCHE

Ended
At this address

Other companies at this address

CompanyCBE no.
CONSCIUS● Active
0821.418.170
ELSELEEN● Active
0450.478.193
EMMA● Active
0724.739.161
MARTHA● Active
0724.807.358
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202617/07/202530/08/202417/08/202327/06/202217/06/2021
General meeting15/06/202630/06/202529/07/202422/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/06/202624/08/2026DutchPDF
Full model31/12/202430/06/202517/07/2025DutchPDF
Full model31/12/202329/07/202430/08/2024DutchPDF
Full model31/12/202222/06/202317/08/2023DutchPDF
Full model31/12/202103/06/202227/06/2022DutchPDF
Full model31/12/202004/06/202117/06/2021DutchPDF
Full model31/12/201925/06/202017/08/2020DutchPDF
Full model31/12/201807/06/201902/08/2019DutchPDF
Full model31/12/201720/06/201813/07/2018DutchPDF
Full model31/12/201609/06/201723/08/2017DutchPDF
Full model31/12/201503/06/201624/06/2016DutchPDF
Full model31/12/201429/06/201531/08/2015DutchPDF
Full model31/12/201312/09/201424/09/2014DutchPDF
Full model31/12/201207/06/201320/08/2013DutchPDF
Full model31/12/201128/08/201231/08/2012DutchPDF
Full model31/12/201015/08/201131/08/2011DutchPDF
Full model31/12/200930/08/201031/08/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

CONSCIUS

Director · 0821.418.170

Represented by Dirk VANDENBUSSCHE

Active

Ended mandates

CONSCIUS

Manager · since 18 décembre 2009 · 0821.418.170

Represented by Dirk VANDENBUSSCHE

Ended
CONSCIUS

Manager · since 18 décembre 2009 · 0821.418.170

Represented by Dirk VANDENBUSSCHE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring25/07/2019
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares29/09/2017
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares23/09/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other31/12/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20255,2 M €↑
  2. 2024
    Annual accounts 2024-477,1 k €↓
  3. 2023
    Annual accounts 20233,5 M €↑
  4. 2022
    Annual accounts 20221,2 M €↑
  5. 2021
    Annual accounts 2021218,4 k €↓
  6. 2020
    Annual accounts 20201,7 M €↑
  7. 2019
    Annual accounts 20191,7 M €↑
  8. 2018
    Annual accounts 20184 k €↑
  9. 2017
    Annual accounts 20173,6 k €↓
  10. 2016
    Annual accounts 20162,2 M €↑
  11. 2015
    Annual accounts 20151,8 M €↑
  12. 2014
    Annual accounts 20141,2 M €↓
  13. 2013
    Annual accounts 20137,4 M €↑
  14. 2012
    Annual accounts 201243,1 k €↑
  15. 2011
    Annual accounts 20117,8 k €↓
  16. 2010
    Annual accounts 20103,4 M €↑
  17. 2009
    Annual accounts 2009-12 k €
  18. 21/12/2009
    IncorporationPublic limited company