CEBEKA: 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.
CEBEKA
Largest movements
- Cash +€41,698
up €41,698 (+150.4%), from €27,716 to €69,414
mainly Depreciation (+€34,699) and Net result for the year (+€18,534)
- Tangible fixed assets -€34,699
down €34,699 (-7.6%), from €458,557 to €423,858
- Other debts -€21,678
down €21,678 (-4.4%), from €496,052 to €474,374
- Reserves +€18,534
up €18,534 (+9.4%), from €196,764 to €215,297
of which Distributable reserves: +€18,534
- Financial charges -€17,746
down €17,746 (-64.1%), from €27,683 to €9,937
- Taxes +€4,640
up €4,640 (+301.7%), from €1,538 to €6,178
- Financial income +€3,614
up €3,614 (+139.0%), from €2,600 to €6,214
- Gross operating margin -€2,552
down €2,552 (-3.4%), from €74,393 to €71,841
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 | €792,406 | €791,425 | -€981 | -0.1% |
| Fixed assets | 21/28 | €458,557 | €423,858 | -€34,699 | -7.6% |
| Tangible fixed assets | 22/27 | €458,557 | €423,858 | -€34,699 | -7.6% |
| Land and buildings | 22 | €458,557 | €423,858 | -€34,699 | -7.6% |
| Current assets | 29/58 | €333,849 | €367,567 | +€33,718 | +10.1% |
| Amounts receivable within one year | 40/41 | €5,017 | €2,186 | -€2,830 | -56.4% |
| Other amounts receivable | 41 | €5,017 | €2,186 | -€2,830 | -56.4% |
| Current investments | 50/53 | €295,966 | €295,966 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,716 | €69,414 | +€41,698 | +150.4% |
| Deferred charges and accrued income | 490/1 | €5,150 | - | -€5,150 | |
| Total equity and liabilities | 10/49 | €792,406 | €791,425 | -€981 | -0.1% |
| Equity | 10/15 | €295,964 | €314,497 | +€18,534 | +6.3% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Capital | 10 | €99,200 | €99,200 | = | 0.0% |
| Issued capital | 100 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €196,764 | €215,297 | +€18,534 | +9.4% |
| Non-distributable reserves | 130/1 | €9,920 | €9,920 | = | 0.0% |
| Legal reserve | 130 | €9,920 | €9,920 | = | 0.0% |
| Distributable reserves | 133 | €186,844 | €205,377 | +€18,534 | +9.9% |
| Amounts payable | 17/49 | €496,442 | €476,928 | -€19,514 | -3.9% |
| Amounts payable within one year | 42/48 | €496,442 | €476,928 | -€19,514 | -3.9% |
| Trade debts | 44 | €391 | €2,554 | +€2,164 | +554.0% |
| Suppliers | 440/4 | €391 | €2,554 | +€2,164 | +554.0% |
| Other amounts payable | 47/48 | €496,052 | €474,374 | -€21,678 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,957 | €34,699 | -€258 | -0.7% |
| Other operating charges | 640/8 | €8,202 | €8,709 | +€507 | +6.2% |
| Gross operating margin | 9900 | €74,393 | €71,841 | -€2,552 | -3.4% |
| Operating profit (loss) | 9901 | €31,234 | €28,434 | -€2,800 | -9.0% |
| Financial income | 75/76B | €2,600 | €6,214 | +€3,614 | +139.0% |
| Recurring financial income | 75 | €2,600 | €6,214 | +€3,614 | +139.0% |
| Financial charges | 65/66B | €27,683 | €9,937 | -€17,746 | -64.1% |
| Recurring financial charges | 65 | €27,683 | €9,937 | -€17,746 | -64.1% |
| Profit (loss) for the period before taxes | 9903 | €6,152 | €24,712 | +€18,560 | +301.7% |
| Income taxes | 67/77 | €1,538 | €6,178 | +€4,640 | +301.7% |
| Profit (loss) for the period | 9904 | €4,614 | €18,534 | +€13,920 | +301.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,614 | €18,534 | +€13,920 | +301.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.