CEGA: 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.
CEGA
Largest movements
- Cash +€204,257
up €204,257 (+703%), from €29,045 to €233,302
mainly Other debts (+€279,600) and Deferred charges and accrued income (+€141,073)
- Deferred charges and accrued income -€141,073
down €141,073 (-88.7%), from €159,134 to €18,061
- Receivables within one year -€22,979
down €22,979 (-52.7%), from €43,583 to €20,604
of which Other amounts receivable: -€21,423
- Other debts +€279,600
up €279,600 (+365%), from €76,587 to €356,187
- Reserves -€201,250
down €201,250 (-28.0%), from €718,820 to €517,570
of which Distributable reserves: -€201,250
- Debts after one year -€26,332
down €26,332 (-19.6%), from €134,205 to €107,873
- Financial income -€99,880
down €99,880 (-43.9%), from €227,417 to €127,537
- Taxes -€8,809
down €8,809 (-44.4%), from €19,824 to €11,015
- Gross operating margin +€2,944
up €2,944, from -€706 to €2,239
- Financial charges -€832
down €832 (-10.2%), from €8,154 to €7,322
- Other operating charges +€816
up €816 (+36.1%), from €2,265 to €3,081
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 | €1,525,863 | €1,566,068 | +€40,205 | +2.6% |
| Fixed assets | 21/28 | €1,034,101 | €1,034,101 | = | 0.0% |
| Financial fixed assets | 28 | €1,034,101 | €1,034,101 | = | 0.0% |
| Current assets | 29/58 | €491,762 | €531,967 | +€40,205 | +8.2% |
| Amounts receivable after more than one year | 29 | €260,000 | €260,000 | = | 0.0% |
| Other amounts receivable | 291 | €260,000 | €260,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,583 | €20,604 | -€22,979 | -52.7% |
| Trade receivables | 40 | €9,556 | €8,000 | -€1,556 | -16.3% |
| Other amounts receivable | 41 | €34,027 | €12,604 | -€21,423 | -63.0% |
| Cash at bank and in hand | 54/58 | €29,045 | €233,302 | +€204,257 | +703% |
| Deferred charges and accrued income | 490/1 | €159,134 | €18,061 | -€141,073 | -88.7% |
| Total equity and liabilities | 10/49 | €1,525,863 | €1,566,068 | +€40,205 | +2.6% |
| Equity | 10/15 | €1,260,068 | €1,058,824 | -€201,243 | -16.0% |
| Contributions | 10/11 | €226,100 | €226,100 | = | 0.0% |
| Reserves | 13 | €718,820 | €517,570 | -€201,250 | -28.0% |
| Non-distributable reserves | 130/1 | €22,610 | €22,610 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,610 | €22,610 | = | 0.0% |
| Distributable reserves | 133 | €696,210 | €494,960 | -€201,250 | -28.9% |
| Profit (loss) carried forward | 14 | €315,148 | €315,154 | +€7 | 0.0% |
| Amounts payable | 17/49 | €265,796 | €507,244 | +€241,448 | +90.8% |
| Amounts payable after more than one year | 17 | €134,205 | €107,873 | -€26,332 | -19.6% |
| Financial debts | 170/4 | €134,205 | €107,873 | -€26,332 | -19.6% |
| Amounts payable within one year | 42/48 | €131,591 | €399,370 | +€267,780 | +203% |
| Current portion of amounts payable after more than one year | 42 | €25,376 | €26,332 | +€955 | +3.8% |
| Trade debts | 44 | €0 | €318 | +€318 | |
| Suppliers | 440/4 | €0 | €318 | +€318 | |
| Taxes, remuneration and social security | 45 | €29,628 | €16,534 | -€13,094 | -44.2% |
| Taxes | 450/3 | €25,549 | €16,534 | -€9,015 | -35.3% |
| Remuneration and social security | 454/9 | €4,079 | €0 | -€4,079 | -100% |
| Other amounts payable | 47/48 | €76,587 | €356,187 | +€279,600 | +365% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €2,265 | €3,081 | +€816 | +36.1% |
| Gross operating margin | 9900 | -€706 | €2,239 | +€2,944 | |
| Operating profit (loss) | 9901 | -€2,970 | -€842 | +€2,128 | +71.6% |
| Financial income | 75/76B | €227,417 | €127,537 | -€99,880 | -43.9% |
| Recurring financial income | 75 | €227,417 | €127,537 | -€99,880 | -43.9% |
| Financial charges | 65/66B | €8,154 | €7,322 | -€832 | -10.2% |
| Recurring financial charges | 65 | €8,154 | €7,322 | -€832 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €216,292 | €119,372 | -€96,920 | -44.8% |
| Income taxes | 67/77 | €19,824 | €11,015 | -€8,809 | -44.4% |
| Profit (loss) for the period | 9904 | €196,468 | €108,357 | -€88,111 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €196,468 | €108,357 | -€88,111 | -44.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.