C.E.J.: 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.
What changed
C.E.J.
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · -€483,633+€2.1m
Equity
€11,009
2024 · -€654,660+€665,669
Cash
€30,426
2024 · €27,462+€2,964
Balance sheet total
€236,113
2024 · €5.0m-€4.8m
Largest movements
Assets
- Receivables within one year -€3.3m
down €3.3m (-94.1%), from €3.5m to €205,687
of which Other amounts receivable: -€3.3m
- Tangible fixed assets -€1.4m
no longer reported in 2025 (was €1.4m)
of which Land and buildings: -€1.3m
- Stocks and contracts -€104,508
down €104,508 (-100.0%), from €104,508 to €0
Equity and liabilities
- Short-term financial debts -€3.5m
no longer reported in 2025 (was €3.5m)
- Other debts -€2.0m
no longer reported in 2025 (was €2.0m)
- Profit (loss) carried forward +€1.7m
up €1.7m (+37.5%), from -€4.4m to -€2.8m
- Revaluation surpluses -€985,051
down €985,051 (-100.0%), from €985,051 to €0
- Tax, wage and social debts +€54,380
up €54,380 (+1698.3%), from €3,202 to €57,582
of which Taxes: +€54,736
Income statement
- Financial income +€6.9m
up €6.9m (+72663.0%), from €9,527 to €6.9m
of which Non-recurring financial income: +€6.7m
- Financial charges +€1.7m
up €1.7m (+2089.4%), from €79,263 to €1.7m
- Staff costs -€301,851
down €301,851 (-100.0%), from €301,851 to €0
- Other operating income -€168,352
down €168,352 (-87.5%), from €192,352 to €24,000
- Goods and materials +€104,500
new in 2025: €104,500
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.
Result 2024
-€483,633
Turnover
+€62,142
Other operating income
-€168,352
Goods and materials
-€104,500
Services and other goods
+€67,158
Staff costs
+€301,851
Depreciation
+€65,641
Write-downs
+€17,250
Provisions
+€18,282
Other operating charges
-€37,348
Other operating items
-€3.3m
Financial income
+€6.9m
Financial charges
-€1.7m
Taxes
-€55,682
Result 2025
€1.7m
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.
From operations
+€3.0m
Investment
+€1.4m
Financing
-€4.5m
Cash 2024
€27,462
From operations (derived)
+€3.0m
Net result for the year
+€1.7m
Stocks and contracts
+€104,508
Receivables within one year
+€3.3m
Trade debts
-€4,979
Tax, wage and social debts
+€54,380
Other debts
-€2.0m
Accrued charges and deferred income
-€10,273
Investment (derived)
+€1.4m
Investment in fixed assets (net)
+€1.4m
Financing
-€4.5m
Short-term financial debts
-€3.5m
Contributions, distributions and other
-€985,051
Cash 2025
€30,426
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,029,195 | €236,113 | -€4.8m | -95.3% |
| Fixed assets | 21/28 | €1,412,618 | - | -€1.4m | |
| Intangible fixed assets | 21 | €1,905 | - | -€1,905 | |
| Tangible fixed assets | 22/27 | €1,410,713 | - | -€1.4m | |
| Land and buildings | 22 | €1,306,960 | - | -€1.3m | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,235 | - | -€2,235 | |
| Leasing and similar rights | 25 | €913 | - | -€913 | |
| Other tangible fixed assets | 26 | €100,605 | - | -€100,605 | |
| Current assets | 29/58 | €3,616,577 | €236,113 | -€3.4m | -93.5% |
| Stocks and contracts in progress | 3 | €104,508 | €0 | -€104,508 | -100.0% |
| Stocks | 30/36 | €104,508 | €0 | -€104,508 | -100.0% |
| Property held for sale | 35 | €104,508 | €0 | -€104,508 | -100.0% |
| Amounts receivable within one year | 40/41 | €3,484,607 | €205,687 | -€3.3m | -94.1% |
| Trade receivables | 40 | €17,771 | - | -€17,771 | |
| Other amounts receivable | 41 | €3,466,836 | €205,687 | -€3.3m | -94.1% |
| Cash at bank and in hand | 54/58 | €27,462 | €30,426 | +€2,964 | +10.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €5,029,195 | €236,113 | -€4.8m | -95.3% |
| Equity | 10/15 | -€654,660 | €11,009 | +€665,669 | |
| Contributions | 10/11 | €2,511,600 | €2,511,600 | = | 0.0% |
| Capital | 10 | €2,511,600 | €2,511,600 | = | 0.0% |
| Issued capital | 100 | €2,511,600 | €2,511,600 | = | 0.0% |
| Revaluation surpluses | 12 | €985,051 | €0 | -€985,051 | -100.0% |
| Reserves | 13 | €251,160 | €251,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €251,160 | €251,160 | = | 0.0% |
| Reserves not available under the articles | 1311 | €251,160 | €251,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,402,471 | -€2,751,751 | +€1.7m | +37.5% |
| Provisions and deferred taxes | 16 | €109,000 | €109,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €109,000 | €109,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €109,000 | €109,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,574,855 | €116,104 | -€5.5m | -97.9% |
| Amounts payable within one year | 42/48 | €5,564,582 | €116,104 | -€5.4m | -97.9% |
| Financial debts | 43 | €3,470,000 | - | -€3.5m | |
| Credit institutions | 430/8 | €3,470,000 | - | -€3.5m | |
| Trade debts | 44 | €63,501 | €58,522 | -€4,979 | -7.8% |
| Suppliers | 440/4 | €63,501 | €58,522 | -€4,979 | -7.8% |
| Taxes, remuneration and social security | 45 | €3,202 | €57,582 | +€54,380 | +1698.3% |
| Taxes | 450/3 | €2,846 | €57,582 | +€54,736 | +1923.3% |
| Remuneration and social security | 454/9 | €356 | - | -€356 | |
| Other amounts payable | 47/48 | €2,027,879 | - | -€2.0m | |
| Accrued charges and deferred income | 492/3 | €10,273 | - | -€10,273 | |
| Operating income | 70/76A | €221,679 | €115,469 | -€106,210 | -47.9% |
| Turnover | 70 | €29,327 | €91,469 | +€62,142 | +211.9% |
| Other operating income | 74 | €192,352 | €24,000 | -€168,352 | -87.5% |
| Operating charges | 60/66A | €634,626 | €3,604,869 | +€3.0m | +468.0% |
| Goods for resale, raw materials and consumables | 60 | - | €104,500 | +€104,500 | |
| Change in stocks: decrease (increase) | 609 | - | €104,500 | +€104,500 | |
| Services and other goods | 61 | €118,309 | €51,151 | -€67,158 | -56.8% |
| Remuneration, social security and pensions | 62 | €301,851 | €0 | -€301,851 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,641 | - | -€65,641 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,250 | - | -€17,250 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,282 | - | -€18,282 | |
| Other operating charges | 640/8 | €65,015 | €102,363 | +€37,348 | +57.4% |
| Non-recurring operating charges | 66A | €48,278 | €3,346,856 | +€3.3m | +6832.5% |
| Operating profit (loss) | 9901 | -€412,947 | -€3,489,400 | -€3.1m | -745.0% |
| Financial income | 75/76B | €9,527 | €6,932,131 | +€6.9m | +72663.0% |
| Recurring financial income | 75 | €9,527 | €187,291 | +€177,764 | +1865.9% |
| Other financial income | 752/9 | €9,527 | €187,291 | +€177,764 | +1865.9% |
| Non-recurring financial income | 76B | - | €6,744,840 | +€6.7m | |
| Financial charges | 65/66B | €79,263 | €1,735,379 | +€1.7m | +2089.4% |
| Recurring financial charges | 65 | €79,263 | €1,735,379 | +€1.7m | +2089.4% |
| Debt charges | 650 | €79,007 | €79,377 | +€370 | +0.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | €1,656,002 | +€1.7m | |
| Other financial charges | 652/9 | €256 | - | -€256 | |
| Profit (loss) for the period before taxes | 9903 | -€482,683 | €1,707,352 | +€2.2m | |
| Income taxes | 67/77 | €950 | €56,632 | +€55,682 | +5861.3% |
| Taxes | 670/3 | €950 | €56,632 | +€55,682 | +5861.3% |
| Profit (loss) for the period | 9904 | -€483,633 | €1,650,720 | +€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€483,633 | €1,650,720 | +€2.1m |
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 9 October 2026 via checked.be.