CEBUS CONSTRUCT: 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.
CEBUS CONSTRUCT
Largest movements
- Receivables within one year +€30,590
up €30,590 (+381%), from €8,036 to €38,625
of which Other amounts receivable: +€18,344
- Cash +€12,665
up €12,665 (+151%), from €8,381 to €21,046
mainly Net result for the year (+€20,902) and Deferred charges and accrued income (+€12,397)
- Deferred charges and accrued income -€12,397
no longer reported in 2025 (was €12,397)
- Reserves +€20,548
up €20,548 (+96.5%), from €21,297 to €41,844
- Tax, wage and social debts +€10,867
up €10,867 (+579%), from €1,877 to €12,744
- Taxes +€10,124
up €10,124 (+1,336%), from €758 to €10,881
- Gross operating margin +€7,971
up €7,971 (+29.0%), from €27,528 to €35,500
- Financial charges -€2,353
down €2,353 (-91.4%), from €2,574 to €221
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 | €32,785 | €63,896 | +€31,110 | +94.9% |
| Fixed assets | 21/28 | €3,971 | €4,225 | +€254 | +6.4% |
| Tangible fixed assets | 22/27 | €3,971 | €4,225 | +€254 | +6.4% |
| Plant, machinery and equipment | 23 | €747 | €2,866 | +€2,119 | +284% |
| Furniture and vehicles | 24 | €3,224 | €1,358 | -€1,866 | -57.9% |
| Current assets | 29/58 | €28,814 | €59,671 | +€30,857 | +107% |
| Amounts receivable within one year | 40/41 | €8,036 | €38,625 | +€30,590 | +381% |
| Trade receivables | 40 | €7,140 | €19,386 | +€12,246 | +172% |
| Other amounts receivable | 41 | €896 | €19,239 | +€18,344 | +2,048% |
| Cash at bank and in hand | 54/58 | €8,381 | €21,046 | +€12,665 | +151% |
| Deferred charges and accrued income | 490/1 | €12,397 | - | -€12,397 | |
| Total equity and liabilities | 10/49 | €32,785 | €63,896 | +€31,110 | +94.9% |
| Equity | 10/15 | €27,143 | €48,044 | +€20,902 | +77.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,297 | €41,844 | +€20,548 | +96.5% |
| Distributable reserves | 133 | €21,297 | €41,844 | +€20,548 | +96.5% |
| Profit (loss) carried forward | 14 | -€354 | - | +€354 | |
| Amounts payable | 17/49 | €5,643 | €15,851 | +€10,208 | +181% |
| Amounts payable within one year | 42/48 | €5,643 | €15,851 | +€10,208 | +181% |
| Trade debts | 44 | €3,351 | €3,107 | -€245 | -7.3% |
| Suppliers | 440/4 | €3,351 | €3,107 | -€245 | -7.3% |
| Taxes, remuneration and social security | 45 | €1,877 | €12,744 | +€10,867 | +579% |
| Taxes | 450/3 | €1,877 | €12,744 | +€10,867 | +579% |
| Other amounts payable | 47/48 | €414 | - | -€414 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,514 | €2,705 | +€191 | +7.6% |
| Other operating charges | 640/8 | €723 | €809 | +€85 | +11.8% |
| Gross operating margin | 9900 | €27,528 | €35,500 | +€7,971 | +29.0% |
| Operating profit (loss) | 9901 | €24,291 | €31,986 | +€7,695 | +31.7% |
| Financial income | 75/76B | €1 | €18 | +€17 | +2,301% |
| Recurring financial income | 75 | €1 | €18 | +€17 | +2,301% |
| Financial charges | 65/66B | €2,574 | €221 | -€2,353 | -91.4% |
| Recurring financial charges | 65 | €2,574 | €221 | -€2,353 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | €21,718 | €31,783 | +€10,065 | +46.3% |
| Income taxes | 67/77 | €758 | €10,881 | +€10,124 | +1,336% |
| Profit (loss) for the period | 9904 | €20,960 | €20,902 | -€58 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,960 | €20,902 | -€58 | -0.3% |
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 14 October 2026 via checked.be.