CE-CONCEPT: 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.
CE-CONCEPT
Largest movements
- Cash -€22,585
down €22,585 (-18.6%), from €121,538 to €98,953
mainly Other debts (-€17,816) and Current portion of long-term debt (-€6,612)
- Deferred charges and accrued income +€4,500
new in 2025: €4,500
- Other debts -€17,816
down €17,816 (-49.9%), from €35,672 to €17,856
- Current portion of long-term debt -€6,612
no longer reported in 2025 (was €6,612)
- Reserves +€3,500
up €3,500 (+1.7%), from €201,490 to €204,990
of which Distributable reserves: +€3,500
- Gross operating margin -€202,262
down €202,262 (-97.2%), from €208,158 to €5,896
- Taxes -€23,366
down €23,366 (-92.7%), from €25,216 to €1,851
- Financial income +€4,707
up €4,707 (+3,310%), from €142 to €4,849
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 | €318,906 | €298,724 | -€20,181 | -6.3% |
| Fixed assets | 21/28 | €47,368 | €45,272 | -€2,096 | -4.4% |
| Tangible fixed assets | 22/27 | €47,368 | €45,272 | -€2,096 | -4.4% |
| Land and buildings | 22 | €47,368 | €45,272 | -€2,096 | -4.4% |
| Current assets | 29/58 | €271,538 | €253,453 | -€18,085 | -6.7% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,538 | €98,953 | -€22,585 | -18.6% |
| Deferred charges and accrued income | 490/1 | - | €4,500 | +€4,500 | |
| Total equity and liabilities | 10/49 | €318,906 | €298,724 | -€20,181 | -6.3% |
| Equity | 10/15 | €219,845 | €223,633 | +€3,788 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €201,490 | €204,990 | +€3,500 | +1.7% |
| Tax-exempt reserves | 132 | €151,490 | €151,490 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €53,500 | +€3,500 | +7.0% |
| Profit (loss) carried forward | 14 | -€1,645 | -€1,357 | +€288 | +17.5% |
| Provisions and deferred taxes | 16 | €50,497 | €50,497 | = | 0.0% |
| Deferred taxes | 168 | €50,497 | €50,497 | = | 0.0% |
| Amounts payable | 17/49 | €48,564 | €24,595 | -€23,969 | -49.4% |
| Amounts payable within one year | 42/48 | €47,355 | €22,756 | -€24,598 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €6,612 | - | -€6,612 | |
| Taxes, remuneration and social security | 45 | €5,070 | €4,900 | -€170 | -3.4% |
| Taxes | 450/3 | €5,070 | €4,900 | -€170 | -3.4% |
| Other amounts payable | 47/48 | €35,672 | €17,856 | -€17,816 | -49.9% |
| Accrued charges and deferred income | 492/3 | €1,209 | €1,839 | +€630 | +52.1% |
| Non-recurring operating income | 76A | €215,478 | - | -€215,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,096 | €2,096 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,112 | €927 | -€185 | -16.6% |
| Gross operating margin | 9900 | €208,158 | €5,896 | -€202,262 | -97.2% |
| Operating profit (loss) | 9901 | €204,949 | €2,873 | -€202,077 | -98.6% |
| Financial income | 75/76B | €142 | €4,849 | +€4,707 | +3,310% |
| Recurring financial income | 75 | €142 | €4,849 | +€4,707 | +3,310% |
| Financial charges | 65/66B | €1,033 | €2,083 | +€1,050 | +102% |
| Recurring financial charges | 65 | €1,033 | €2,083 | +€1,050 | +102% |
| Profit (loss) for the period before taxes | 9903 | €204,058 | €5,638 | -€198,420 | -97.2% |
| Transfer from deferred taxes | 780 | €19,390 | - | -€19,390 | |
| Transfer to deferred taxes | 680 | €50,497 | - | -€50,497 | |
| Income taxes | 67/77 | €25,216 | €1,851 | -€23,366 | -92.7% |
| Profit (loss) for the period | 9904 | €147,735 | €3,788 | -€143,948 | -97.4% |
| Transfer from tax-exempt reserves | 789 | €58,169 | - | -€58,169 | |
| Transfer to tax-exempt reserves | 689 | €151,490 | - | -€151,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,415 | €3,788 | -€50,627 | -93.0% |
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 17 October 2026 via checked.be.