Cé & Jé: what changed
Two fiscal 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.
Cé & Jé
Largest movements
- Cash -€54,007
down €54,007 (-43.6%), from €123,848 to €69,842
mainly Contributions, distributions and other (-€81,737) and Receivables within one year (-€23,444)
- Receivables within one year +€23,444
up €23,444 (+3177.7%), from €738 to €24,182
of which Trade receivables: +€23,703
- Tangible fixed assets +€17,461
up €17,461 (+1819.2%), from €960 to €18,421
of which Plant, machinery and equipment: +€17,825
- Other debts -€9,067
down €9,067 (-10.0%), from €90,804 to €81,737
- Tax, wage and social debts -€3,766
down €3,766 (-31.6%), from €11,913 to €8,146
- Gross operating margin -€11,650
down €11,650 (-9.3%), from €124,919 to €113,269
- Taxes -€3,908
down €3,908 (-14.8%), from €26,446 to €22,538
- Depreciation +€2,085
up €2,085 (+409.7%), from €509 to €2,594
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,613 | €112,444 | -€13,169 | -10.5% |
| Fixed assets | 21/28 | €960 | €18,421 | +€17,461 | +1819.2% |
| Tangible fixed assets | 22/27 | €960 | €18,421 | +€17,461 | +1819.2% |
| Plant, machinery and equipment | 23 | - | €17,825 | +€17,825 | |
| Furniture and vehicles | 24 | €809 | €596 | -€213 | -26.3% |
| Other tangible fixed assets | 26 | €150 | €0 | -€150 | -100.0% |
| Current assets | 29/58 | €124,654 | €94,023 | -€30,631 | -24.6% |
| Amounts receivable within one year | 40/41 | €738 | €24,182 | +€23,444 | +3177.7% |
| Trade receivables | 40 | €478 | €24,182 | +€23,703 | +4958.4% |
| Other amounts receivable | 41 | €260 | - | -€260 | |
| Cash at bank and in hand | 54/58 | €123,848 | €69,842 | -€54,007 | -43.6% |
| Deferred charges and accrued income | 490/1 | €68 | - | -€68 | |
| Total equity and liabilities | 10/49 | €125,613 | €112,444 | -€13,169 | -10.5% |
| Equity | 10/15 | €19,675 | €19,675 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,075 | €1,075 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,075 | €1,075 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,075 | €1,075 | = | 0.0% |
| Amounts payable | 17/49 | €105,938 | €92,769 | -€13,169 | -12.4% |
| Amounts payable within one year | 42/48 | €105,938 | €92,769 | -€13,169 | -12.4% |
| Trade debts | 44 | €3,222 | €2,886 | -€336 | -10.4% |
| Suppliers | 440/4 | €3,222 | €2,886 | -€336 | -10.4% |
| Taxes, remuneration and social security | 45 | €11,913 | €8,146 | -€3,766 | -31.6% |
| Taxes | 450/3 | €11,913 | €8,146 | -€3,766 | -31.6% |
| Other amounts payable | 47/48 | €90,804 | €81,737 | -€9,067 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €509 | €2,594 | +€2,085 | +409.7% |
| Other operating charges | 640/8 | €3,407 | €3,337 | -€70 | -2.0% |
| Gross operating margin | 9900 | €124,919 | €113,269 | -€11,650 | -9.3% |
| Operating profit (loss) | 9901 | €121,003 | €107,338 | -€13,665 | -11.3% |
| Financial income | 75/76B | €2 | €4 | +€2 | +128.7% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +128.7% |
| Financial charges | 65/66B | €3,894 | €3,067 | -€828 | -21.3% |
| Recurring financial charges | 65 | €3,894 | €3,067 | -€828 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €117,110 | €104,275 | -€12,835 | -11.0% |
| Income taxes | 67/77 | €26,446 | €22,538 | -€3,908 | -14.8% |
| Profit (loss) for the period | 9904 | €90,664 | €81,737 | -€8,927 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €90,664 | €81,737 | -€8,927 | -9.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.