Cecotec: 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.
Cecotec
Largest movements
- Cash +€19,140
up €19,140 (+1,004%), from €1,907 to €21,047
mainly Short-term financial debts (+€47,009) and Depreciation (+€2,405)
- Intangible fixed assets -€1,510
down €1,510 (-38.4%), from €3,937 to €2,427
- Short-term financial debts +€47,009
up €47,009 (+1,572%), from €2,991 to €50,000
- Profit (loss) carried forward -€15,099
down €15,099 (-28.1%), from €53,788 to €38,689
- Trade debts -€12,916
down €12,916 (-73.5%), from €17,583 to €4,667
- Tax, wage and social debts -€2,091
down €2,091 (-57.4%), from €3,645 to €1,553
- Gross operating margin -€39,619
down €39,619, from €31,272 to -€8,347
- Other operating charges -€925
down €925 (-69.8%), from €1,325 to €400
- Financial charges -€707
down €707 (-15.0%), from €4,707 to €4,000
- Depreciation -€677
down €677 (-22.0%), from €3,083 to €2,405
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 | €100,267 | €117,100 | +€16,833 | +16.8% |
| Fixed assets | 21/28 | €5,152 | €2,746 | -€2,405 | -46.7% |
| Intangible fixed assets | 21 | €3,937 | €2,427 | -€1,510 | -38.4% |
| Tangible fixed assets | 22/27 | €1,215 | €320 | -€895 | -73.7% |
| Plant, machinery and equipment | 23 | €1,159 | €320 | -€839 | -72.4% |
| Furniture and vehicles | 24 | €56 | €0 | -€56 | -100% |
| Current assets | 29/58 | €95,115 | €114,354 | +€19,238 | +20.2% |
| Stocks and contracts in progress | 3 | €78,210 | €77,947 | -€263 | -0.3% |
| Stocks | 30/36 | €78,210 | €77,947 | -€263 | -0.3% |
| Amounts receivable within one year | 40/41 | €14,889 | €15,250 | +€361 | +2.4% |
| Trade receivables | 40 | €12,000 | €13,274 | +€1,274 | +10.6% |
| Other amounts receivable | 41 | €2,889 | €1,976 | -€913 | -31.6% |
| Cash at bank and in hand | 54/58 | €1,907 | €21,047 | +€19,140 | +1,004% |
| Deferred charges and accrued income | 490/1 | €110 | €110 | = | 0.0% |
| Total equity and liabilities | 10/49 | €100,267 | €117,100 | +€16,833 | +16.8% |
| Equity | 10/15 | €75,603 | €60,504 | -€15,099 | -20.0% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,788 | €38,689 | -€15,099 | -28.1% |
| Amounts payable | 17/49 | €24,665 | €56,596 | +€31,932 | +129% |
| Amounts payable within one year | 42/48 | €24,652 | €56,596 | +€31,944 | +130% |
| Financial debts | 43 | €2,991 | €50,000 | +€47,009 | +1,572% |
| Credit institutions | 430/8 | €2,991 | €50,000 | +€47,009 | +1,572% |
| Trade debts | 44 | €17,583 | €4,667 | -€12,916 | -73.5% |
| Suppliers | 440/4 | €17,583 | €4,667 | -€12,916 | -73.5% |
| Taxes, remuneration and social security | 45 | €3,645 | €1,553 | -€2,091 | -57.4% |
| Taxes | 450/3 | €3,645 | €1,553 | -€2,091 | -57.4% |
| Other amounts payable | 47/48 | €433 | €376 | -€58 | -13.3% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100% |
| Non-recurring operating income | 76A | €5,467 | €0 | -€5,467 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,083 | €2,405 | -€677 | -22.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,325 | €400 | -€925 | -69.8% |
| Gross operating margin | 9900 | €31,272 | -€8,347 | -€39,619 | |
| Operating profit (loss) | 9901 | €26,865 | -€11,152 | -€38,017 | |
| Financial income | 75/76B | €65 | €54 | -€11 | -16.8% |
| Recurring financial income | 75 | €65 | €54 | -€11 | -16.8% |
| Financial charges | 65/66B | €4,707 | €4,000 | -€707 | -15.0% |
| Recurring financial charges | 65 | €4,707 | €4,000 | -€707 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €22,222 | -€15,099 | -€37,321 | |
| Income taxes | 67/77 | €263 | €0 | -€263 | -100% |
| Profit (loss) for the period | 9904 | €21,959 | -€15,099 | -€37,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,959 | -€15,099 | -€37,058 |
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 24 October 2026 via checked.be.