CE CONSULTING: 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 CONSULTING
Largest movements
- Receivables after one year -€78,300
no longer reported in 2025 (was €78,300)
- Receivables within one year +€42,611
up €42,611 (+53.7%), from €79,304 to €121,915
of which Trade receivables: +€22,260
- Cash -€26,779
down €26,779 (-38.2%), from €70,097 to €43,318
mainly Contributions, distributions and other (-€98,228) and Receivables within one year (-€42,611)
- Tangible fixed assets +€20,308
up €20,308 (+138%), from €14,689 to €34,996
of which Other tangible fixed assets: +€12,630
- Financial fixed assets +€3,360
up €3,360 (+1,680%), from €200 to €3,560
- Other debts -€32,349
down €32,349 (-24.1%), from €133,962 to €101,612
- Trade debts +€20,231
up €20,231 (+113%), from €17,861 to €38,092
- Short-term financial debts -€19,000
no longer reported in 2025 (was €19,000)
- Current portion of long-term debt -€4,847
down €4,847 (-21.5%), from €22,542 to €17,695
- Gross operating margin -€31,882
down €31,882 (-17.1%), from €186,105 to €154,223
- Other operating charges +€10,625
up €10,625 (+273%), from €3,886 to €14,510
- Taxes -€10,372
down €10,372 (-26.6%), from €38,969 to €28,597
- Depreciation +€4,358
up €4,358 (+81.4%), from €5,354 to €9,712
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 | €242,590 | €203,790 | -€38,800 | -16.0% |
| Fixed assets | 21/28 | €14,889 | €38,556 | +€23,668 | +159% |
| Tangible fixed assets | 22/27 | €14,689 | €34,996 | +€20,308 | +138% |
| Furniture and vehicles | 24 | €2,987 | €10,665 | +€7,678 | +257% |
| Other tangible fixed assets | 26 | €11,701 | €24,331 | +€12,630 | +108% |
| Financial fixed assets | 28 | €200 | €3,560 | +€3,360 | +1,680% |
| Current assets | 29/58 | €227,701 | €165,233 | -€62,468 | -27.4% |
| Amounts receivable after more than one year | 29 | €78,300 | - | -€78,300 | |
| Other amounts receivable | 291 | €78,300 | - | -€78,300 | |
| Amounts receivable within one year | 40/41 | €79,304 | €121,915 | +€42,611 | +53.7% |
| Trade receivables | 40 | €67,221 | €89,481 | +€22,260 | +33.1% |
| Other amounts receivable | 41 | €12,083 | €32,434 | +€20,352 | +168% |
| Cash at bank and in hand | 54/58 | €70,097 | €43,318 | -€26,779 | -38.2% |
| Total equity and liabilities | 10/49 | €242,590 | €203,790 | -€38,800 | -16.0% |
| Equity | 10/15 | €29,879 | €29,879 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,279 | €11,279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,419 | €9,419 | = | 0.0% |
| Amounts payable | 17/49 | €212,710 | €173,910 | -€38,800 | -18.2% |
| Amounts payable after more than one year | 17 | €1,515 | - | -€1,515 | |
| Financial debts | 170/4 | €1,515 | - | -€1,515 | |
| Amounts payable within one year | 42/48 | €211,196 | €173,910 | -€37,285 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €22,542 | €17,695 | -€4,847 | -21.5% |
| Financial debts | 43 | €19,000 | - | -€19,000 | |
| Credit institutions | 430/8 | €19,000 | - | -€19,000 | |
| Trade debts | 44 | €17,861 | €38,092 | +€20,231 | +113% |
| Suppliers | 440/4 | €17,861 | €38,092 | +€20,231 | +113% |
| Taxes, remuneration and social security | 45 | €17,831 | €16,511 | -€1,320 | -7.4% |
| Taxes | 450/3 | €17,831 | €16,510 | -€1,320 | -7.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | 0.0% |
| Other amounts payable | 47/48 | €133,962 | €101,612 | -€32,349 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,354 | €9,712 | +€4,358 | +81.4% |
| Other operating charges | 640/8 | €3,886 | €14,510 | +€10,625 | +273% |
| Gross operating margin | 9900 | €186,105 | €154,223 | -€31,882 | -17.1% |
| Operating profit (loss) | 9901 | €176,866 | €130,001 | -€46,865 | -26.5% |
| Financial charges | 65/66B | €3,943 | €3,176 | -€767 | -19.5% |
| Recurring financial charges | 65 | €3,943 | €3,176 | -€767 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €172,923 | €126,825 | -€46,098 | -26.7% |
| Income taxes | 67/77 | €38,969 | €28,597 | -€10,372 | -26.6% |
| Profit (loss) for the period | 9904 | €133,954 | €98,228 | -€35,726 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €133,954 | €98,228 | -€35,726 | -26.7% |
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 19 October 2026 via checked.be.