C.E.T.T. P. MONSEU: what changed
What changed
C.E.T.T. P. MONSEU
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
-€1.8m
2024 · €117,966-€1.9m
Equity
€4.5m
2024 · €6.3m-€1.8m
Cash
€835,907
2024 · €250,886+€585,021
Balance sheet total
€20.9m
2024 · €17.8m+€3.1m
Largest movements
Assets
- Tangible fixed assets +€1.7m
up €1.7m (+28.0%), from €6.2m to €8.0m
of which Leasing and similar rights: +€1.1m
- Cash +€585,021
up €585,021 (+233%), from €250,886 to €835,907
mainly Trade debts (+€2.0m) and Depreciation (+€2.0m)
- Receivables within one year +€574,411
up €574,411 (+9.1%), from €6.3m to €6.9m
of which Other amounts receivable: +€693,548
- Intangible fixed assets +€286,559
up €286,559 (+9,503%), from €3,015 to €289,575
Equity and liabilities
- Trade debts +€2.0m
up €2.0m (+37.4%), from €5.4m to €7.4m
- Profit (loss) carried forward -€1.8m
down €1.8m, from €795,639 to -€1.0m
- Short-term financial debts +€1.2m
new in 2025: €1.2m
- Debts after one year +€1.1m
up €1.1m (+30.1%), from €3.7m to €4.8m
- Current portion of long-term debt +€496,556
up €496,556 (+33.1%), from €1.5m to €2.0m
Income statement
- Goods and materials +€1.9m
up €1.9m (+16.9%), from €11.5m to €13.5m
of which Purchases: +€2.0m
- Turnover +€1.4m
up €1.4m (+6.3%), from €22.2m to €23.7m
- Services and other goods +€785,706
up €785,706 (+12.8%), from €6.1m to €6.9m
- Other operating income +€499,459
up €499,459 (+88.7%), from €562,878 to €1.1m
- Staff costs +€496,503
up €496,503 (+20.4%), from €2.4m to €2.9m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€117,966
Turnover
+€1.4m
Other operating income
+€499,459
Goods and materials
-€1.9m
Services and other goods
-€785,706
Staff costs
-€496,503
Depreciation
-€97,517
Write-downs
-€198,584
Other operating charges
-€292,948
Other operating items
-€52,695
Financial income
+€19,325
Financial charges
-€47,953
Taxes
+€52,023
Result 2025
-€1.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.9m
Investment
-€4.0m
Financing
+€2.7m
Cash 2024
€250,886
From operations (derived)
+€1.9m
Net result for the year
-€1.8m
Depreciation
+€2.0m
Receivables after one year
-€58,500
Stocks and contracts
+€36,633
Receivables within one year
-€574,411
Deferred charges and accrued income
+€134,107
Trade debts
+€2.0m
Tax, wage and social debts
+€15,871
Other debts
-€69,949
Accrued charges and deferred income
+€210,616
Investment (derived)
-€4.0m
Investment in fixed assets (net)
-€4.0m
Financing
+€2.7m
Debts after one year
+€1.1m
Current portion of long-term debt
+€496,556
Short-term financial debts
+€1.2m
Contributions, distributions and other
-€5,673
Cash 2025
€835,907
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,767,608 | €20,868,803 | +€3.1m | +17.5% |
| Fixed assets | 21/28 | €6,227,852 | €8,281,854 | +€2.1m | +33.0% |
| Intangible fixed assets | 21 | €3,015 | €289,575 | +€286,559 | +9,503% |
| Tangible fixed assets | 22/27 | €6,224,711 | €7,967,285 | +€1.7m | +28.0% |
| Land and buildings | 22 | €1,637,953 | €2,465,407 | +€827,454 | +50.5% |
| Plant, machinery and equipment | 23 | €2,636,997 | €2,894,157 | +€257,160 | +9.8% |
| Furniture and vehicles | 24 | €1,840,216 | €1,421,702 | -€418,514 | -22.7% |
| Leasing and similar rights | 25 | €109,546 | €1,186,019 | +€1.1m | +983% |
| Financial fixed assets | 28 | €125 | €24,994 | +€24,869 | +19,895% |
| Other financial fixed assets | 284/8 | €125 | €24,994 | +€24,869 | +19,895% |
| Amounts receivable and cash guarantees | 285/8 | €125 | €24,994 | +€24,869 | +19,895% |
| Current assets | 29/58 | €11,539,756 | €12,586,948 | +€1.0m | +9.1% |
| Amounts receivable after more than one year | 29 | €4,000,000 | €4,058,500 | +€58,500 | +1.5% |
| Other amounts receivable | 291 | €4,000,000 | €4,058,500 | +€58,500 | +1.5% |
| Stocks and contracts in progress | 3 | €472,147 | €435,514 | -€36,633 | -7.8% |
| Stocks | 30/36 | €472,147 | €435,514 | -€36,633 | -7.8% |
| Raw materials and consumables | 30/31 | €115,368 | €279,854 | +€164,486 | +143% |
| Goods purchased for resale | 34 | €356,779 | €155,660 | -€201,119 | -56.4% |
| Amounts receivable within one year | 40/41 | €6,284,450 | €6,858,862 | +€574,411 | +9.1% |
| Trade receivables | 40 | €5,314,735 | €5,195,599 | -€119,136 | -2.2% |
| Other amounts receivable | 41 | €969,715 | €1,663,263 | +€693,548 | +71.5% |
| Cash at bank and in hand | 54/58 | €250,886 | €835,907 | +€585,021 | +233% |
| Deferred charges and accrued income | 490/1 | €532,273 | €398,166 | -€134,107 | -25.2% |
| Total equity and liabilities | 10/49 | €17,767,608 | €20,868,803 | +€3.1m | +17.5% |
| Equity | 10/15 | €6,342,936 | €4,516,873 | -€1.8m | -28.8% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €4,520,688 | €4,520,688 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,100,000 | €4,100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Financial assistance | 1313 | €4,000,000 | €4,000,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,750 | €43,750 | = | 0.0% |
| Distributable reserves | 133 | €376,938 | €376,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €795,639 | -€1,024,751 | -€1.8m | |
| Investment grants | 15 | €26,609 | €20,936 | -€5,673 | -21.3% |
| Provisions and deferred taxes | 16 | €38,187 | €38,187 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €38,187 | €38,187 | = | 0.0% |
| Other liabilities and charges | 164/5 | €38,187 | €38,187 | = | 0.0% |
| Amounts payable | 17/49 | €11,386,485 | €16,313,743 | +€4.9m | +43.3% |
| Amounts payable after more than one year | 17 | €3,672,026 | €4,777,985 | +€1.1m | +30.1% |
| Financial debts | 170/4 | €3,672,026 | €4,777,985 | +€1.1m | +30.1% |
| Leasing and similar obligations | 172 | €88,384 | €978,719 | +€890,335 | +1,007% |
| Credit institutions | 173 | €3,583,642 | €3,799,266 | +€215,624 | +6.0% |
| Amounts payable within one year | 42/48 | €7,347,110 | €10,957,793 | +€3.6m | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €1,501,888 | €1,998,444 | +€496,556 | +33.1% |
| Financial debts | 43 | - | €1,150,000 | +€1.2m | |
| Credit institutions | 430/8 | - | €1,150,000 | +€1.2m | |
| Trade debts | 44 | €5,390,327 | €7,408,531 | +€2.0m | +37.4% |
| Suppliers | 440/4 | €5,390,327 | €7,408,531 | +€2.0m | +37.4% |
| Taxes, remuneration and social security | 45 | €382,745 | €398,617 | +€15,871 | +4.1% |
| Taxes | 450/3 | €122,090 | €21,119 | -€100,971 | -82.7% |
| Remuneration and social security | 454/9 | €260,655 | €377,498 | +€116,842 | +44.8% |
| Other amounts payable | 47/48 | €72,150 | €2,201 | -€69,949 | -96.9% |
| Accrued charges and deferred income | 492/3 | €367,349 | €577,965 | +€210,616 | +57.3% |
| Operating income | 70/76A | €22,670,477 | €24,525,379 | +€1.9m | +8.2% |
| Turnover | 70 | €22,247,146 | €23,658,536 | +€1.4m | +6.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€139,547 | -€195,494 | -€55,947 | -40.1% |
| Other operating income | 74 | €562,878 | €1,062,337 | +€499,459 | +88.7% |
| Operating charges | 60/66A | €22,392,080 | €26,208,734 | +€3.8m | +17.0% |
| Goods for resale, raw materials and consumables | 60 | €11,540,803 | €13,489,452 | +€1.9m | +16.9% |
| Purchases | 600/8 | €11,499,896 | €13,452,819 | +€2.0m | +17.0% |
| Change in stocks: decrease (increase) | 609 | €40,907 | €36,633 | -€4,274 | -10.4% |
| Services and other goods | 61 | €6,138,549 | €6,924,255 | +€785,706 | +12.8% |
| Remuneration, social security and pensions | 62 | €2,434,069 | €2,930,572 | +€496,503 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,891,502 | €1,989,019 | +€97,517 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €198,584 | +€198,584 | |
| Other operating charges | 640/8 | €383,905 | €676,853 | +€292,948 | +76.3% |
| Non-recurring operating charges | 66A | €3,253 | - | -€3,253 | |
| Operating profit (loss) | 9901 | €278,397 | -€1,683,355 | -€2.0m | |
| Financial income | 75/76B | €83,974 | €103,299 | +€19,325 | +23.0% |
| Recurring financial income | 75 | €83,974 | €103,299 | +€19,325 | +23.0% |
| Income from current assets | 751 | €57,849 | €63,656 | +€5,807 | +10.0% |
| Other financial income | 752/9 | €26,125 | €39,644 | +€13,518 | +51.7% |
| Financial charges | 65/66B | €192,134 | €240,087 | +€47,953 | +25.0% |
| Recurring financial charges | 65 | €192,134 | €240,087 | +€47,953 | +25.0% |
| Debt charges | 650 | €149,734 | €196,287 | +€46,553 | +31.1% |
| Other financial charges | 652/9 | €42,400 | €43,800 | +€1,400 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €170,237 | -€1,820,142 | -€2.0m | |
| Income taxes | 67/77 | €52,271 | €248 | -€52,023 | -99.5% |
| Taxes | 670/3 | €52,271 | €248 | -€52,023 | -99.5% |
| Profit (loss) for the period | 9904 | €117,966 | -€1,820,390 | -€1.9m | |
| Profit (loss) for the period to be appropriated | 9905 | €117,966 | -€1,820,390 | -€1.9m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.