CE+T SERVICES: 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+T SERVICES
Largest movements
- Receivables within one year +€323,437
up €323,437 (+35.6%), from €909,599 to €1.2m
of which Trade receivables: +€189,827
- Cash -€187,449
down €187,449 (-97.5%), from €192,161 to €4,712
mainly Receivables within one year (-€323,437) and Contributions, distributions and other (-€200,000)
- Other debts +€179,357
up €179,357 (+866.0%), from €20,711 to €200,068
- Profit (loss) carried forward -€105,274
down €105,274 (-15.6%), from €676,772 to €571,498
- Trade debts +€80,942
up €80,942 (+36.0%), from €224,803 to €305,745
- Tax, wage and social debts -€47,122
down €47,122 (-16.3%), from €288,786 to €241,664
of which Taxes: -€57,303
- Advances received +€36,767
new in 2025: €36,767
- Staff costs +€78,690
up €78,690 (+4.8%), from €1.6m to €1.7m
- Write-downs -€60,313
down €60,313, from €33,403 to -€26,910
- Gross operating margin +€26,020
up €26,020 (+1.4%), from €1.9m to €1.9m
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 | €1,399,009 | €1,533,692 | +€134,682 | +9.6% |
| Fixed assets | 21/28 | €78,525 | €65,982 | -€12,543 | -16.0% |
| Intangible fixed assets | 21 | €34,542 | €20,334 | -€14,209 | -41.1% |
| Tangible fixed assets | 22/27 | €43,097 | €39,763 | -€3,335 | -7.7% |
| Plant, machinery and equipment | 23 | €23,796 | €27,672 | +€3,876 | +16.3% |
| Furniture and vehicles | 24 | €19,301 | €12,091 | -€7,210 | -37.4% |
| Financial fixed assets | 28 | €886 | €5,886 | +€5,000 | +564.3% |
| Current assets | 29/58 | €1,320,484 | €1,467,710 | +€147,226 | +11.1% |
| Stocks and contracts in progress | 3 | €214,596 | €220,652 | +€6,056 | +2.8% |
| Stocks | 30/36 | €214,596 | €220,652 | +€6,056 | +2.8% |
| Amounts receivable within one year | 40/41 | €909,599 | €1,233,035 | +€323,437 | +35.6% |
| Trade receivables | 40 | €848,554 | €1,038,381 | +€189,827 | +22.4% |
| Other amounts receivable | 41 | €61,044 | €194,654 | +€133,610 | +218.9% |
| Cash at bank and in hand | 54/58 | €192,161 | €4,712 | -€187,449 | -97.5% |
| Deferred charges and accrued income | 490/1 | €4,128 | €9,311 | +€5,183 | +125.6% |
| Total equity and liabilities | 10/49 | €1,399,009 | €1,533,692 | +€134,682 | +9.6% |
| Equity | 10/15 | €761,296 | €656,022 | -€105,274 | -13.8% |
| Contributions | 10/11 | €66,931 | €66,931 | = | 0.0% |
| Capital | 10 | €66,931 | €66,931 | = | 0.0% |
| Issued capital | 100 | €66,931 | €66,931 | = | 0.0% |
| Reserves | 13 | €17,593 | €17,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,593 | €17,593 | = | 0.0% |
| Legal reserve | 130 | €6,693 | €6,693 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,900 | €10,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €676,772 | €571,498 | -€105,274 | -15.6% |
| Amounts payable | 17/49 | €637,713 | €877,670 | +€239,957 | +37.6% |
| Amounts payable within one year | 42/48 | €534,300 | €784,245 | +€249,945 | +46.8% |
| Trade debts | 44 | €224,803 | €305,745 | +€80,942 | +36.0% |
| Suppliers | 440/4 | €224,803 | €305,745 | +€80,942 | +36.0% |
| Advances received on contracts in progress | 46 | - | €36,767 | +€36,767 | |
| Taxes, remuneration and social security | 45 | €288,786 | €241,664 | -€47,122 | -16.3% |
| Taxes | 450/3 | €73,139 | €15,836 | -€57,303 | -78.3% |
| Remuneration and social security | 454/9 | €215,647 | €225,828 | +€10,181 | +4.7% |
| Other amounts payable | 47/48 | €20,711 | €200,068 | +€179,357 | +866.0% |
| Accrued charges and deferred income | 492/3 | €103,413 | €93,425 | -€9,988 | -9.7% |
| Remuneration, social security and pensions | 62 | €1,644,249 | €1,722,939 | +€78,690 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,639 | €35,690 | +€5,051 | +16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,403 | -€26,910 | -€60,313 | |
| Other operating charges | 640/8 | €6,518 | €6,434 | -€84 | -1.3% |
| Gross operating margin | 9900 | €1,872,667 | €1,898,686 | +€26,020 | +1.4% |
| Operating profit (loss) | 9901 | €157,857 | €160,534 | +€2,677 | +1.7% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €12,173 | €10,000 | -€2,173 | -17.8% |
| Recurring financial charges | 65 | €12,173 | €10,000 | -€2,173 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €145,684 | €150,555 | +€4,871 | +3.3% |
| Income taxes | 67/77 | €54,582 | €55,829 | +€1,247 | +2.3% |
| Profit (loss) for the period | 9904 | €91,102 | €94,726 | +€3,624 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,102 | €94,726 | +€3,624 | +4.0% |
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 4 October 2026 via checked.be.