CEBE-Kine: 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.
CEBE-Kine
Largest movements
- Receivables within one year +€25,045
up €25,045 (+18.0%), from €139,299 to €164,344
- Cash +€10,002
up €10,002 (+42.9%), from €23,307 to €33,309
mainly Net result for the year (+€58,057) and Other debts (+€42,349)
- Tangible fixed assets +€9,546
up €9,546 (+42.4%), from €22,508 to €32,054
of which Furniture and vehicles: +€8,963
- Other debts +€42,349
up €42,349 (+180%), from €23,500 to €65,849
- Tax, wage and social debts +€24,251
up €24,251 (+396%), from €6,127 to €30,378
- Accrued charges and deferred income -€18,101
down €18,101 (-51.2%), from €35,340 to €17,239
- Current portion of long-term debt -€6,391
down €6,391 (-71.0%), from €9,000 to €2,609
- Debts after one year +€3,641
new in 2025: €3,641
- Gross operating margin +€47,419
up €47,419 (+122%), from €38,909 to €86,328
- Depreciation -€13,037
down €13,037 (-58.8%), from €22,174 to €9,136
- Taxes +€12,653
up €12,653 (+193%), from €6,558 to €19,210
- Financial charges +€1,713
up €1,713 (+86.2%), from €1,986 to €3,699
- Financial income +€1,644
up €1,644 (+61.6%), from €2,667 to €4,311
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 | €186,885 | €231,470 | +€44,584 | +23.9% |
| Fixed assets | 21/28 | €22,533 | €32,079 | +€9,546 | +42.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €22,508 | €32,054 | +€9,546 | +42.4% |
| Plant, machinery and equipment | 23 | €13,482 | €14,064 | +€583 | +4.3% |
| Furniture and vehicles | 24 | €9,027 | €17,990 | +€8,963 | +99.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €164,352 | €199,391 | +€35,039 | +21.3% |
| Amounts receivable within one year | 40/41 | €139,299 | €164,344 | +€25,045 | +18.0% |
| Other amounts receivable | 41 | €139,299 | €164,344 | +€25,045 | +18.0% |
| Cash at bank and in hand | 54/58 | €23,307 | €33,309 | +€10,002 | +42.9% |
| Deferred charges and accrued income | 490/1 | €1,746 | €1,738 | -€8 | -0.4% |
| Total equity and liabilities | 10/49 | €186,885 | €231,470 | +€44,584 | +23.9% |
| Equity | 10/15 | €100,250 | €100,250 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,050 | €94,050 | = | 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% |
| Distributable reserves | 133 | €92,190 | €92,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €86,636 | €131,220 | +€44,584 | +51.5% |
| Amounts payable after more than one year | 17 | - | €3,641 | +€3,641 | |
| Financial debts | 170/4 | - | €3,641 | +€3,641 | |
| Amounts payable within one year | 42/48 | €51,295 | €110,339 | +€59,044 | +115% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €2,609 | -€6,391 | -71.0% |
| Financial debts | 43 | €7 | €7 | = | 0.0% |
| Credit institutions | 430/8 | €7 | €7 | = | 0.0% |
| Trade debts | 44 | €12,661 | €11,496 | -€1,165 | -9.2% |
| Suppliers | 440/4 | €12,661 | €11,496 | -€1,165 | -9.2% |
| Taxes, remuneration and social security | 45 | €6,127 | €30,378 | +€24,251 | +396% |
| Taxes | 450/3 | €6,127 | €30,378 | +€24,251 | +396% |
| Other amounts payable | 47/48 | €23,500 | €65,849 | +€42,349 | +180% |
| Accrued charges and deferred income | 492/3 | €35,340 | €17,239 | -€18,101 | -51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,174 | €9,136 | -€13,037 | -58.8% |
| Other operating charges | 640/8 | €801 | €535 | -€266 | -33.2% |
| Gross operating margin | 9900 | €38,909 | €86,328 | +€47,419 | +122% |
| Operating profit (loss) | 9901 | €15,934 | €76,657 | +€60,722 | +381% |
| Financial income | 75/76B | €2,667 | €4,311 | +€1,644 | +61.6% |
| Recurring financial income | 75 | €2,667 | €4,311 | +€1,644 | +61.6% |
| Financial charges | 65/66B | €1,986 | €3,699 | +€1,713 | +86.2% |
| Recurring financial charges | 65 | €1,986 | €3,699 | +€1,713 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | €16,614 | €77,268 | +€60,654 | +365% |
| Income taxes | 67/77 | €6,558 | €19,210 | +€12,653 | +193% |
| Profit (loss) for the period | 9904 | €10,057 | €58,057 | +€48,001 | +477% |
| Profit (loss) for the period to be appropriated | 9905 | €10,057 | €58,057 | +€48,001 | +477% |
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 13 October 2026 via checked.be.