CECIAM: 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.
CECIAM
Largest movements
- Cash +€66,431
up €66,431 (+839%), from €7,915 to €74,346
mainly Net result for the year (+€70,621) and Tax, wage and social debts (+€12,805)
- Receivables within one year +€10,556
up €10,556 (+586%), from €1,802 to €12,358
of which Trade receivables: +€10,920
- Tangible fixed assets +€7,700
up €7,700 (+2.7%), from €281,848 to €289,548
of which Furniture and vehicles: +€10,903
- Profit (loss) carried forward +€70,621
up €70,621, from -€8,033 to €62,588
- Tax, wage and social debts +€12,805
new in 2025: €12,805
- Turnover +€149,175
up €149,175 (+3,166%), from €4,712 to €153,887
- Gross operating margin +€137,696
up €137,696, from -€41,863 to €95,833
- Purchases and services +€17,264
up €17,264 (+37.1%), from €46,575 to €63,839
- Financial charges +€1,805
up €1,805 (+1,656%), from €109 to €1,914
- Depreciation -€1,684
down €1,684 (-24.6%), from €6,832 to €5,148
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 | €301,460 | €385,645 | +€84,185 | +27.9% |
| Fixed assets | 21/28 | €281,848 | €289,548 | +€7,700 | +2.7% |
| Tangible fixed assets | 22/27 | €281,848 | €289,548 | +€7,700 | +2.7% |
| Plant, machinery and equipment | 23 | €12,622 | €10,914 | -€1,708 | -13.5% |
| Furniture and vehicles | 24 | €266,092 | €276,995 | +€10,903 | +4.1% |
| Other tangible fixed assets | 26 | €3,134 | €1,639 | -€1,495 | -47.7% |
| Current assets | 29/58 | €19,612 | €96,097 | +€76,485 | +390% |
| Stocks and contracts in progress | 3 | €6,550 | €5,567 | -€983 | -15.0% |
| Stocks | 30/36 | €6,550 | €5,567 | -€983 | -15.0% |
| Amounts receivable within one year | 40/41 | €1,802 | €12,358 | +€10,556 | +586% |
| Trade receivables | 40 | €1,438 | €12,358 | +€10,920 | +759% |
| Other amounts receivable | 41 | €364 | - | -€364 | |
| Cash at bank and in hand | 54/58 | €7,915 | €74,346 | +€66,431 | +839% |
| Deferred charges and accrued income | 490/1 | €3,345 | €3,826 | +€481 | +14.4% |
| Total equity and liabilities | 10/49 | €301,460 | €385,645 | +€84,185 | +27.9% |
| Equity | 10/15 | €269,640 | €340,261 | +€70,621 | +26.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €265,273 | €265,273 | = | 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 | €263,413 | €263,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,033 | €62,588 | +€70,621 | |
| Amounts payable | 17/49 | €31,820 | €45,384 | +€13,564 | +42.6% |
| Amounts payable within one year | 42/48 | €29,236 | €45,384 | +€16,148 | +55.2% |
| Trade debts | 44 | €1,919 | €4,916 | +€2,997 | +156% |
| Suppliers | 440/4 | €1,919 | €4,916 | +€2,997 | +156% |
| Taxes, remuneration and social security | 45 | - | €12,805 | +€12,805 | |
| Taxes | 450/3 | - | €12,805 | +€12,805 | |
| Other amounts payable | 47/48 | €27,317 | €27,663 | +€346 | +1.3% |
| Accrued charges and deferred income | 492/3 | €2,584 | - | -€2,584 | |
| Turnover | 70 | €4,712 | €153,887 | +€149,175 | +3,166% |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Goods, raw materials, services and sundry goods | 60/61 | €46,575 | €63,839 | +€17,264 | +37.1% |
| Remuneration, social security and pensions | 62 | - | €1,230 | +€1,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,832 | €5,148 | -€1,684 | -24.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €983 | +€983 | |
| Other operating charges | 640/8 | €1,040 | €1,088 | +€48 | +4.6% |
| Non-recurring operating charges | 66A | €142 | €13,650 | +€13,508 | +9,513% |
| Gross operating margin | 9900 | -€41,863 | €95,833 | +€137,696 | |
| Operating profit (loss) | 9901 | -€49,877 | €73,734 | +€123,611 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €109 | €1,914 | +€1,805 | +1,656% |
| Recurring financial charges | 65 | €109 | €1,914 | +€1,805 | +1,656% |
| Profit (loss) for the period before taxes | 9903 | -€49,985 | €71,820 | +€121,805 | |
| Income taxes | 67/77 | - | €1,199 | +€1,199 | |
| Profit (loss) for the period | 9904 | -€49,985 | €70,621 | +€120,606 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,985 | €70,621 | +€120,606 |
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 18 October 2026 via checked.be.