CEE-ENGINEERING: 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.
CEE-ENGINEERING
Largest movements
- Cash -€1.2m
down €1.2m (-55.8%), from €2.2m to €977,582
mainly Accrued charges and deferred income (-€1.8m) and Receivables within one year (-€880,891)
- Receivables within one year +€880,891
up €880,891 (+32.6%), from €2.7m to €3.6m
of which Other amounts receivable: +€457,484
- Tangible fixed assets -€705,781
down €705,781 (-10.0%), from €7.0m to €6.3m
of which Leasing and similar rights: -€469,868
- Deferred charges and accrued income +€356,172
up €356,172 (+424.7%), from €83,860 to €440,032
- Intangible fixed assets +€319,108
up €319,108 (+428.0%), from €74,556 to €393,664
- Accrued charges and deferred income -€1.8m
down €1.8m (-99.1%), from €1.8m to €17,235
- Short-term financial debts +€500,000
new in 2025: €500,000
- Reserves +€456,646
up €456,646 (+16.4%), from €2.8m to €3.2m
- Provisions +€171,870
up €171,870 (+143.5%), from €119,811 to €291,681
- Current portion of long-term debt +€164,004
up €164,004 (+22.7%), from €721,174 to €885,178
- Gross operating margin +€556,308
up €556,308 (+17.9%), from €3.1m to €3.7m
- Staff costs +€170,335
up €170,335 (+10.5%), from €1.6m to €1.8m
- Provisions +€148,845
up €148,845 (+646.4%), from €23,025 to €171,870
- Depreciation +€92,263
up €92,263 (+10.8%), from €850,949 to €943,212
- Financial charges +€52,502
up €52,502 (+39.3%), from €133,437 to €185,939
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 | €12,518,450 | €11,957,959 | -€560,491 | -4.5% |
| Fixed assets | 21/28 | €7,117,600 | €6,724,652 | -€392,948 | -5.5% |
| Intangible fixed assets | 21 | €74,556 | €393,664 | +€319,108 | +428.0% |
| Tangible fixed assets | 22/27 | €7,036,769 | €6,330,987 | -€705,781 | -10.0% |
| Land and buildings | 22 | €26,721 | €19,968 | -€6,752 | -25.3% |
| Plant, machinery and equipment | 23 | €1,803,188 | €1,583,552 | -€219,636 | -12.2% |
| Furniture and vehicles | 24 | €104,380 | €104,415 | +€35 | 0.0% |
| Leasing and similar rights | 25 | €5,052,613 | €4,582,745 | -€469,868 | -9.3% |
| Other tangible fixed assets | 26 | €49,867 | €40,308 | -€9,560 | -19.2% |
| Financial fixed assets | 28 | €6,275 | - | -€6,275 | |
| Current assets | 29/58 | €5,400,850 | €5,233,307 | -€167,543 | -3.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €230,396 | - | -€230,396 | |
| Contracts in progress | 37 | €230,396 | - | -€230,396 | |
| Amounts receivable within one year | 40/41 | €2,704,802 | €3,585,693 | +€880,891 | +32.6% |
| Trade receivables | 40 | €2,291,723 | €2,715,130 | +€423,407 | +18.5% |
| Other amounts receivable | 41 | €413,079 | €870,563 | +€457,484 | +110.7% |
| Current investments | 50/53 | €120,000 | €180,000 | +€60,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €2,211,792 | €977,582 | -€1.2m | -55.8% |
| Deferred charges and accrued income | 490/1 | €83,860 | €440,032 | +€356,172 | +424.7% |
| Total equity and liabilities | 10/49 | €12,518,450 | €11,957,959 | -€560,491 | -4.5% |
| Equity | 10/15 | €3,017,999 | €3,474,644 | +€456,646 | +15.1% |
| Contributions | 10/11 | €238,600 | €238,600 | = | 0.0% |
| Reserves | 13 | €2,779,399 | €3,236,044 | +€456,646 | +16.4% |
| Distributable reserves | 133 | €2,779,399 | €3,236,044 | +€456,646 | +16.4% |
| Provisions and deferred taxes | 16 | €119,811 | €291,681 | +€171,870 | +143.5% |
| Provisions for liabilities and charges | 160/5 | €119,811 | €291,681 | +€171,870 | +143.5% |
| Other liabilities and charges | 164/5 | €119,811 | €291,681 | +€171,870 | +143.5% |
| Amounts payable | 17/49 | €9,380,640 | €8,191,634 | -€1.2m | -12.7% |
| Amounts payable after more than one year | 17 | €5,014,457 | €4,932,154 | -€82,303 | -1.6% |
| Financial debts | 170/4 | €5,014,457 | €4,932,154 | -€82,303 | -1.6% |
| Amounts payable within one year | 42/48 | €2,526,607 | €3,242,245 | +€715,638 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €721,174 | €885,178 | +€164,004 | +22.7% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €1,092,305 | €1,252,139 | +€159,834 | +14.6% |
| Suppliers | 440/4 | €1,092,305 | €1,252,139 | +€159,834 | +14.6% |
| Taxes, remuneration and social security | 45 | €150,305 | €159,855 | +€9,551 | +6.4% |
| Taxes | 450/3 | €158 | €1,831 | +€1,672 | +1055.8% |
| Remuneration and social security | 454/9 | €150,146 | €158,024 | +€7,878 | +5.2% |
| Other amounts payable | 47/48 | €562,823 | €445,073 | -€117,751 | -20.9% |
| Accrued charges and deferred income | 492/3 | €1,839,576 | €17,235 | -€1.8m | -99.1% |
| Remuneration, social security and pensions | 62 | €1,620,989 | €1,791,324 | +€170,335 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €850,949 | €943,212 | +€92,263 | +10.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €23,025 | €171,870 | +€148,845 | +646.4% |
| Other operating charges | 640/8 | €3,689 | €3,740 | +€51 | +1.4% |
| Gross operating margin | 9900 | €3,115,063 | €3,671,371 | +€556,308 | +17.9% |
| Operating profit (loss) | 9901 | €616,411 | €761,225 | +€144,814 | +23.5% |
| Financial income | 75/76B | €5,988 | €15,416 | +€9,427 | +157.4% |
| Recurring financial income | 75 | €5,988 | €15,416 | +€9,427 | +157.4% |
| Financial charges | 65/66B | €133,437 | €185,939 | +€52,502 | +39.3% |
| Recurring financial charges | 65 | €133,437 | €185,939 | +€52,502 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €488,962 | €590,701 | +€101,739 | +20.8% |
| Income taxes | 67/77 | €16,328 | €9,055 | -€7,272 | -44.5% |
| Profit (loss) for the period | 9904 | €472,634 | €581,646 | +€109,011 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €472,634 | €581,646 | +€109,011 | +23.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.