CEA: 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.
CEA
Largest movements
- Receivables within one year -€15,622
down €15,622 (-100.0%), from €15,622 to €0
- Intangible fixed assets -€1,900
down €1,900 (-44.5%), from €4,273 to €2,373
- Other debts -€6,173
down €6,173 (-23.9%), from €25,841 to €19,668
- Advances received -€5,726
down €5,726 (-50.6%), from €11,322 to €5,596
- Trade debts -€3,494
down €3,494 (-53.3%), from €6,556 to €3,062
- Profit (loss) carried forward -€2,173
down €2,173 (-7.6%), from -€28,445 to -€30,618
- Gross operating margin -€5,162
down €5,162 (-83.8%), from €6,159 to €997
- Financial charges +€715
up €715 (+178.7%), from €400 to €1,115
- Other operating charges -€103
down €103 (-55.6%), from €185 to €82
- Depreciation -€76
down €76 (-3.7%), from €2,050 to €1,974
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 | €19,970 | €2,420 | -€17,550 | -87.9% |
| Fixed assets | 21/28 | €4,347 | €2,373 | -€1,974 | -45.4% |
| Intangible fixed assets | 21 | €4,273 | €2,373 | -€1,900 | -44.5% |
| Tangible fixed assets | 22/27 | €74 | €0 | -€74 | -100.0% |
| Plant, machinery and equipment | 23 | €74 | €0 | -€74 | -100.0% |
| Current assets | 29/58 | €15,623 | €47 | -€15,576 | -99.7% |
| Amounts receivable within one year | 40/41 | €15,622 | €0 | -€15,622 | -100.0% |
| Trade receivables | 40 | €15,622 | €0 | -€15,622 | -100.0% |
| Cash at bank and in hand | 54/58 | €1 | €47 | +€47 | +5673.2% |
| Total equity and liabilities | 10/49 | €19,970 | €2,420 | -€17,550 | -87.9% |
| Equity | 10/15 | -€27,107 | -€29,280 | -€2,173 | -8.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €338 | €338 | = | 0.0% |
| Distributable reserves | 133 | €338 | €338 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,445 | -€30,618 | -€2,173 | -7.6% |
| Amounts payable | 17/49 | €47,077 | €31,700 | -€15,377 | -32.7% |
| Amounts payable within one year | 42/48 | €47,077 | €31,700 | -€15,377 | -32.7% |
| Trade debts | 44 | €6,556 | €3,062 | -€3,494 | -53.3% |
| Suppliers | 440/4 | €6,556 | €3,062 | -€3,494 | -53.3% |
| Advances received on contracts in progress | 46 | €11,322 | €5,596 | -€5,726 | -50.6% |
| Taxes, remuneration and social security | 45 | €3,358 | €3,374 | +€17 | +0.5% |
| Taxes | 450/3 | €3,358 | €3,374 | +€17 | +0.5% |
| Other amounts payable | 47/48 | €25,841 | €19,668 | -€6,173 | -23.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,050 | €1,974 | -€76 | -3.7% |
| Other operating charges | 640/8 | €185 | €82 | -€103 | -55.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €6,159 | €997 | -€5,162 | -83.8% |
| Operating profit (loss) | 9901 | €3,923 | -€1,059 | -€4,982 | |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €400 | €1,115 | +€715 | +178.7% |
| Recurring financial charges | 65 | €400 | €1,115 | +€715 | +178.7% |
| Profit (loss) for the period before taxes | 9903 | €3,523 | -€2,173 | -€5,697 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €3,523 | -€2,173 | -€5,697 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,523 | -€2,173 | -€5,697 |
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.