CE & SONS: 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.
CE & SONS
Largest movements
- Cash -€65,950
down €65,950 (-67.0%), from €98,491 to €32,541
mainly Receivables within one year (-€40,660) and Tax, wage and social debts (-€27,195)
- Receivables within one year +€40,660
up €40,660 (+81.0%), from €50,226 to €90,886
of which Other amounts receivable: +€35,092
- Tangible fixed assets -€12,278
down €12,278 (-49.3%), from €24,917 to €12,639
- Financial fixed assets +€6,600
up €6,600 (+110.0%), from €6,000 to €12,600
- Tax, wage and social debts -€27,195
down €27,195 (-43.8%), from €62,107 to €34,912
of which Taxes: -€25,676
- Profit (loss) carried forward -€12,838
down €12,838 (-11.2%), from €114,937 to €102,099
- Trade debts +€8,514
up €8,514 (+209.3%), from €4,067 to €12,581
- Gross operating margin +€3,008
up €3,008, from -€1,095 to €1,913
- Financial charges -€1,388
down €1,388 (-72.9%), from €1,904 to €515
- Other operating charges -€1,004
down €1,004 (-49.9%), from €2,011 to €1,007
- Depreciation -€514
down €514 (-3.8%), from €13,679 to €13,165
- Taxes -€123
down €123 (-65.7%), from €187 to €64
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 | €182,163 | €150,592 | -€31,572 | -17.3% |
| Fixed assets | 21/28 | €30,917 | €25,239 | -€5,678 | -18.4% |
| Tangible fixed assets | 22/27 | €24,917 | €12,639 | -€12,278 | -49.3% |
| Furniture and vehicles | 24 | €24,917 | €12,639 | -€12,278 | -49.3% |
| Financial fixed assets | 28 | €6,000 | €12,600 | +€6,600 | +110.0% |
| Current assets | 29/58 | €151,246 | €125,352 | -€25,893 | -17.1% |
| Amounts receivable within one year | 40/41 | €50,226 | €90,886 | +€40,660 | +81.0% |
| Trade receivables | 40 | €25,080 | €30,649 | +€5,569 | +22.2% |
| Other amounts receivable | 41 | €25,146 | €60,237 | +€35,092 | +139.6% |
| Cash at bank and in hand | 54/58 | €98,491 | €32,541 | -€65,950 | -67.0% |
| Deferred charges and accrued income | 490/1 | €2,529 | €1,926 | -€604 | -23.9% |
| Total equity and liabilities | 10/49 | €182,163 | €150,592 | -€31,572 | -17.3% |
| Equity | 10/15 | €115,937 | €103,099 | -€12,838 | -11.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,937 | €102,099 | -€12,838 | -11.2% |
| Amounts payable | 17/49 | €66,226 | €47,493 | -€18,733 | -28.3% |
| Amounts payable within one year | 42/48 | €66,226 | €47,493 | -€18,733 | -28.3% |
| Trade debts | 44 | €4,067 | €12,581 | +€8,514 | +209.3% |
| Suppliers | 440/4 | €4,067 | €12,581 | +€8,514 | +209.3% |
| Taxes, remuneration and social security | 45 | €62,107 | €34,912 | -€27,195 | -43.8% |
| Taxes | 450/3 | €53,274 | €27,598 | -€25,676 | -48.2% |
| Remuneration and social security | 454/9 | €8,833 | €7,314 | -€1,519 | -17.2% |
| Other amounts payable | 47/48 | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,679 | €13,165 | -€514 | -3.8% |
| Other operating charges | 640/8 | €2,011 | €1,007 | -€1,004 | -49.9% |
| Gross operating margin | 9900 | -€1,095 | €1,913 | +€3,008 | |
| Operating profit (loss) | 9901 | -€16,785 | -€12,259 | +€4,526 | +27.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,904 | €515 | -€1,388 | -72.9% |
| Recurring financial charges | 65 | €1,904 | €515 | -€1,388 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,688 | -€12,774 | +€5,914 | +31.6% |
| Income taxes | 67/77 | €187 | €64 | -€123 | -65.7% |
| Profit (loss) for the period | 9904 | -€18,876 | -€12,838 | +€6,037 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,876 | -€12,838 | +€6,037 | +32.0% |
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 7 October 2026 via checked.be.