CEBIz: 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.
CEBIz
Largest movements
- Receivables within one year -€8,853
down €8,853 (-27.7%), from €31,947 to €23,093
of which Trade receivables: -€7,570
- Cash -€7,101
down €7,101 (-56.1%), from €12,652 to €5,551
mainly Other debts (-€20,868) and Trade debts (-€6,603)
- Deferred charges and accrued income +€1,567
new in 2025: €1,567
- Stocks and contracts -€1,551
down €1,551 (-14.6%), from €10,592 to €9,042
- Tangible fixed assets -€567
down €567 (-94.0%), from €603 to €36
of which Plant, machinery and equipment: -€423
- Other debts -€20,868
down €20,868 (-47.8%), from €43,685 to €22,817
- Accrued charges and deferred income +€9,966
new in 2025: €9,966
- Trade debts -€6,603
down €6,603 (-77.2%), from €8,551 to €1,948
- Profit (loss) carried forward +€1,000
up €1,000 (+1.7%), from -€57,941 to -€56,941
- Gross operating margin -€8,212
down €8,212 (-73.4%), from €11,185 to €2,973
- Other operating charges -€2,266
down €2,266 (-69.2%), from €3,274 to €1,008
- Financial charges -€117
down €117 (-22.8%), from €515 to €398
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 | €55,795 | €39,290 | -€16,505 | -29.6% |
| Fixed assets | 21/28 | €603 | €36 | -€567 | -94.0% |
| Tangible fixed assets | 22/27 | €603 | €36 | -€567 | -94.0% |
| Plant, machinery and equipment | 23 | €459 | €36 | -€423 | -92.2% |
| Furniture and vehicles | 24 | €144 | - | -€144 | |
| Current assets | 29/58 | €55,192 | €39,254 | -€15,938 | -28.9% |
| Stocks and contracts in progress | 3 | €10,592 | €9,042 | -€1,551 | -14.6% |
| Stocks | 30/36 | €10,592 | €9,042 | -€1,551 | -14.6% |
| Amounts receivable within one year | 40/41 | €31,947 | €23,093 | -€8,853 | -27.7% |
| Trade receivables | 40 | €28,567 | €20,997 | -€7,570 | -26.5% |
| Other amounts receivable | 41 | €3,380 | €2,097 | -€1,283 | -38.0% |
| Cash at bank and in hand | 54/58 | €12,652 | €5,551 | -€7,101 | -56.1% |
| Deferred charges and accrued income | 490/1 | - | €1,567 | +€1,567 | |
| Total equity and liabilities | 10/49 | €55,795 | €39,290 | -€16,505 | -29.6% |
| Equity | 10/15 | €3,559 | €4,559 | +€1,000 | +28.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,941 | -€56,941 | +€1,000 | +1.7% |
| Amounts payable | 17/49 | €52,237 | €34,731 | -€17,505 | -33.5% |
| Amounts payable within one year | 42/48 | €52,237 | €24,766 | -€27,471 | -52.6% |
| Trade debts | 44 | €8,551 | €1,948 | -€6,603 | -77.2% |
| Suppliers | 440/4 | €8,551 | €1,948 | -€6,603 | -77.2% |
| Other amounts payable | 47/48 | €43,685 | €22,817 | -€20,868 | -47.8% |
| Accrued charges and deferred income | 492/3 | - | €9,966 | +€9,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €567 | -€96 | -14.5% |
| Other operating charges | 640/8 | €3,274 | €1,008 | -€2,266 | -69.2% |
| Gross operating margin | 9900 | €11,185 | €2,973 | -€8,212 | -73.4% |
| Operating profit (loss) | 9901 | €7,247 | €1,398 | -€5,849 | -80.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €515 | €398 | -€117 | -22.8% |
| Recurring financial charges | 65 | €515 | €398 | -€117 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €6,732 | €1,000 | -€5,732 | -85.1% |
| Profit (loss) for the period | 9904 | €6,732 | €1,000 | -€5,732 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,732 | €1,000 | -€5,732 | -85.1% |
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 30 October 2026 via checked.be.