Casa CELLINI: 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.
Casa CELLINI
Largest movements
- Receivables within one year +€228,847
up €228,847 (+91.6%), from €249,910 to €478,758
of which Other amounts receivable: +€225,597
- Cash -€82,712
down €82,712 (-16.5%), from €502,324 to €419,612
mainly Receivables within one year (-€228,847) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€29,744
down €29,744 (-2.1%), from €1.4m to €1.4m
of which Land and buildings: -€21,565
- Other debts +€100,000
up €100,000 (+8.3%), from €1.2m to €1.3m
- Reserves +€61,021
up €61,021 (+6.4%), from €950,054 to €1.0m
of which Distributable reserves: +€61,021
- Tax, wage and social debts -€33,565
down €33,565 (-99.3%), from €33,785 to €220
- Gross operating margin +€56,097
up €56,097 (+83.6%), from €67,141 to €123,239
- Depreciation -€29,522
down €29,522 (-33.6%), from €87,861 to €58,339
- Taxes +€23,051
up €23,051 (+248%), from €9,285 to €32,336
- Financial income +€13,980
up €13,980 (+11.7%), from €119,877 to €133,857
- Other operating charges +€3,221
up €3,221 (+152%), from €2,121 to €5,341
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 | €2,223,308 | €2,337,108 | +€113,800 | +5.1% |
| Fixed assets | 21/28 | €1,462,977 | €1,433,233 | -€29,744 | -2.0% |
| Tangible fixed assets | 22/27 | €1,384,946 | €1,355,202 | -€29,744 | -2.1% |
| Land and buildings | 22 | €1,355,860 | €1,334,295 | -€21,565 | -1.6% |
| Plant, machinery and equipment | 23 | €3,838 | €2,707 | -€1,131 | -29.5% |
| Furniture and vehicles | 24 | €25,249 | €18,200 | -€7,048 | -27.9% |
| Financial fixed assets | 28 | €78,031 | €78,031 | = | 0.0% |
| Current assets | 29/58 | €760,331 | €903,875 | +€143,544 | +18.9% |
| Amounts receivable after more than one year | 29 | €7,716 | €4,258 | -€3,458 | -44.8% |
| Other amounts receivable | 291 | €7,716 | €4,258 | -€3,458 | -44.8% |
| Stocks and contracts in progress | 3 | €63 | €50 | -€13 | -20.0% |
| Stocks | 30/36 | €63 | €50 | -€13 | -20.0% |
| Amounts receivable within one year | 40/41 | €249,910 | €478,758 | +€228,847 | +91.6% |
| Trade receivables | 40 | - | €3,250 | +€3,250 | |
| Other amounts receivable | 41 | €249,910 | €475,508 | +€225,597 | +90.3% |
| Cash at bank and in hand | 54/58 | €502,324 | €419,612 | -€82,712 | -16.5% |
| Deferred charges and accrued income | 490/1 | €318 | €1,197 | +€879 | +276% |
| Total equity and liabilities | 10/49 | €2,223,308 | €2,337,108 | +€113,800 | +5.1% |
| Equity | 10/15 | €970,054 | €1,031,075 | +€61,021 | +6.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €950,054 | €1,011,075 | +€61,021 | +6.4% |
| Non-distributable reserves | 130/1 | €12,778 | €12,778 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,778 | €12,778 | = | 0.0% |
| Distributable reserves | 133 | €937,276 | €998,297 | +€61,021 | +6.5% |
| Amounts payable | 17/49 | €1,253,254 | €1,306,033 | +€52,779 | +4.2% |
| Amounts payable within one year | 42/48 | €1,253,254 | €1,306,033 | +€52,779 | +4.2% |
| Trade debts | 44 | €18,274 | €4,618 | -€13,656 | -74.7% |
| Suppliers | 440/4 | €18,274 | €4,618 | -€13,656 | -74.7% |
| Taxes, remuneration and social security | 45 | €33,785 | €220 | -€33,565 | -99.3% |
| Taxes | 450/3 | €33,785 | €220 | -€33,565 | -99.3% |
| Other amounts payable | 47/48 | €1,201,195 | €1,301,195 | +€100,000 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,861 | €58,339 | -€29,522 | -33.6% |
| Other operating charges | 640/8 | €2,121 | €5,341 | +€3,221 | +152% |
| Gross operating margin | 9900 | €67,141 | €123,239 | +€56,097 | +83.6% |
| Operating profit (loss) | 9901 | -€22,841 | €59,558 | +€82,399 | |
| Financial income | 75/76B | €119,877 | €133,857 | +€13,980 | +11.7% |
| Recurring financial income | 75 | €119,877 | €133,857 | +€13,980 | +11.7% |
| Financial charges | 65/66B | €60 | €58 | -€2 | -3.5% |
| Recurring financial charges | 65 | €60 | €58 | -€2 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €96,976 | €193,357 | +€96,381 | +99.4% |
| Income taxes | 67/77 | €9,285 | €32,336 | +€23,051 | +248% |
| Profit (loss) for the period | 9904 | €87,691 | €161,021 | +€73,330 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,691 | €161,021 | +€73,330 | +83.6% |
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 25 October 2026 via checked.be.