CEEHO: 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.
CEEHO
Largest movements
- Receivables within one year +€115,702
up €115,702 (+190.1%), from €60,856 to €176,557
of which Other amounts receivable: +€115,991
- Tangible fixed assets -€67,167
no longer reported in 2024 (was €67,167)
of which Land and buildings: -€65,802
- Short-term financial debts -€53,669
down €53,669 (-97.4%), from €55,088 to €1,419
of which Other loans: -€51,500
- Reserves +€47,500
up €47,500 (+43.5%), from €109,249 to €156,749
of which Distributable reserves: +€47,500
- Profit (loss) carried forward +€36,185
up €36,185, from -€36,047 to €137
- Tax, wage and social debts +€20,989
up €20,989 (+515.5%), from €4,072 to €25,060
- Trade debts -€3,328
down €3,328 (-44.8%), from €7,432 to €4,104
- Gross operating margin +€126,754
up €126,754, from -€19,873 to €106,882
- Taxes +€25,060
new in 2024: €25,060
- Financial charges -€2,987
down €2,987 (-94.9%), from €3,147 to €160
- Depreciation -€2,558
no longer reported in 2024 (was €2,558)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,344 | €301,879 | +€48,535 | +19.2% |
| Fixed assets | 21/28 | €67,167 | - | -€67,167 | |
| Tangible fixed assets | 22/27 | €67,167 | - | -€67,167 | |
| Land and buildings | 22 | €65,802 | - | -€65,802 | |
| Plant, machinery and equipment | 23 | €1,365 | - | -€1,365 | |
| Current assets | 29/58 | €186,177 | €301,879 | +€115,702 | +62.1% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,856 | €176,557 | +€115,702 | +190.1% |
| Trade receivables | 40 | €3,485 | €3,197 | -€289 | -8.3% |
| Other amounts receivable | 41 | €57,370 | €173,361 | +€115,991 | +202.2% |
| Cash at bank and in hand | 54/58 | €321 | €321 | = | 0.0% |
| Total equity and liabilities | 10/49 | €253,344 | €301,879 | +€48,535 | +19.2% |
| Equity | 10/15 | €186,752 | €270,436 | +€83,685 | +44.8% |
| Contributions | 10/11 | €113,550 | €113,550 | = | 0.0% |
| Reserves | 13 | €109,249 | €156,749 | +€47,500 | +43.5% |
| Non-distributable reserves | 130/1 | €7,349 | €7,349 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,349 | €7,349 | = | 0.0% |
| Distributable reserves | 133 | €101,900 | €149,400 | +€47,500 | +46.6% |
| Profit (loss) carried forward | 14 | -€36,047 | €137 | +€36,185 | |
| Amounts payable | 17/49 | €66,592 | €31,442 | -€35,150 | -52.8% |
| Amounts payable within one year | 42/48 | €66,592 | €31,442 | -€35,150 | -52.8% |
| Financial debts | 43 | €55,088 | €1,419 | -€53,669 | -97.4% |
| Credit institutions | 430/8 | €3,588 | €1,419 | -€2,169 | -60.4% |
| Other loans | 439 | €51,500 | - | -€51,500 | |
| Trade debts | 44 | €7,432 | €4,104 | -€3,328 | -44.8% |
| Suppliers | 440/4 | €7,432 | €4,104 | -€3,328 | -44.8% |
| Taxes, remuneration and social security | 45 | €4,072 | €25,060 | +€20,989 | +515.5% |
| Taxes | 450/3 | €4,072 | €25,060 | +€20,989 | +515.5% |
| Other amounts payable | 47/48 | - | €859 | +€859 | |
| Non-recurring operating income | 76A | - | €130,833 | +€130,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,558 | - | -€2,558 | |
| Other operating charges | 640/8 | €376 | €690 | +€314 | +83.7% |
| Gross operating margin | 9900 | -€19,873 | €106,882 | +€126,754 | |
| Operating profit (loss) | 9901 | -€22,806 | €106,191 | +€128,997 | |
| Financial income | 75/76B | €3,563 | €3,572 | +€10 | +0.3% |
| Recurring financial income | 75 | €3,563 | €3,572 | +€10 | +0.3% |
| Financial charges | 65/66B | €3,147 | €160 | -€2,987 | -94.9% |
| Recurring financial charges | 65 | €3,147 | €160 | -€2,987 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,391 | €109,604 | +€131,994 | |
| Income taxes | 67/77 | - | €25,060 | +€25,060 | |
| Profit (loss) for the period | 9904 | -€22,391 | €84,544 | +€106,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,391 | €84,544 | +€106,934 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.