CéGéOL: 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.
CéGéOL
Largest movements
- Receivables within one year -€7,197
down €7,197 (-34.8%), from €20,665 to €13,469
of which Trade receivables: -€8,446
- Cash -€1,097
down €1,097 (-83.0%), from €1,322 to €225
mainly Net result for the year (-€4,159) and Trade debts (-€4,094)
- Tangible fixed assets -€400
down €400 (-41.8%), from €957 to €558
- Other debts +€4,460
up €4,460 (+20.4%), from €21,831 to €26,291
- Profit (loss) carried forward -€4,159
down €4,159 (-25.5%), from -€16,289 to -€20,448
- Trade debts -€4,094
down €4,094 (-76.6%), from €5,348 to €1,254
- Short-term financial debts -€3,589
down €3,589 (-84.6%), from €4,243 to €654
- Tax, wage and social debts -€1,122
down €1,122 (-80.0%), from €1,403 to €281
- Other operating charges +€1,580
up €1,580 (+93.5%), from €1,690 to €3,270
- Depreciation -€180
down €180 (-31.1%), from €580 to €400
- Gross operating margin +€166
up €166 (+162.9%), from €102 to €269
- Financial charges +€45
up €45 (+7.8%), from €578 to €623
- Financial income -€16
down €16 (-76.4%), from €21 to €5
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 | €23,554 | €15,050 | -€8,504 | -36.1% |
| Fixed assets | 21/28 | €957 | €558 | -€400 | -41.8% |
| Tangible fixed assets | 22/27 | €957 | €558 | -€400 | -41.8% |
| Furniture and vehicles | 24 | €957 | €558 | -€400 | -41.8% |
| Current assets | 29/58 | €22,597 | €14,493 | -€8,104 | -35.9% |
| Amounts receivable within one year | 40/41 | €20,665 | €13,469 | -€7,197 | -34.8% |
| Trade receivables | 40 | €20,661 | €12,214 | -€8,446 | -40.9% |
| Other amounts receivable | 41 | €5 | €1,254 | +€1,250 | +26932.8% |
| Cash at bank and in hand | 54/58 | €1,322 | €225 | -€1,097 | -83.0% |
| Deferred charges and accrued income | 490/1 | €609 | €799 | +€190 | +31.1% |
| Total equity and liabilities | 10/49 | €23,554 | €15,050 | -€8,504 | -36.1% |
| Equity | 10/15 | -€9,271 | -€13,430 | -€4,159 | -44.9% |
| Contributions | 10/11 | €7,018 | €7,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,289 | -€20,448 | -€4,159 | -25.5% |
| Amounts payable | 17/49 | €32,825 | €28,480 | -€4,345 | -13.2% |
| Amounts payable within one year | 42/48 | €32,825 | €28,480 | -€4,345 | -13.2% |
| Financial debts | 43 | €4,243 | €654 | -€3,589 | -84.6% |
| Credit institutions | 430/8 | €4,243 | €654 | -€3,589 | -84.6% |
| Trade debts | 44 | €5,348 | €1,254 | -€4,094 | -76.6% |
| Suppliers | 440/4 | €5,348 | €1,254 | -€4,094 | -76.6% |
| Taxes, remuneration and social security | 45 | €1,403 | €281 | -€1,122 | -80.0% |
| Taxes | 450/3 | €1,403 | €281 | -€1,122 | -80.0% |
| Other amounts payable | 47/48 | €21,831 | €26,291 | +€4,460 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €580 | €400 | -€180 | -31.1% |
| Other operating charges | 640/8 | €1,690 | €3,270 | +€1,580 | +93.5% |
| Non-recurring operating charges | 66A | €1,096 | - | -€1,096 | |
| Gross operating margin | 9900 | €102 | €269 | +€166 | +162.9% |
| Operating profit (loss) | 9901 | -€3,263 | -€3,401 | -€138 | -4.2% |
| Financial income | 75/76B | €21 | €5 | -€16 | -76.4% |
| Recurring financial income | 75 | €21 | €5 | -€16 | -76.4% |
| Financial charges | 65/66B | €578 | €623 | +€45 | +7.8% |
| Recurring financial charges | 65 | €578 | €623 | +€45 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,820 | -€4,019 | -€199 | -5.2% |
| Income taxes | 67/77 | €131 | €139 | +€8 | +6.0% |
| Profit (loss) for the period | 9904 | -€3,951 | -€4,159 | -€207 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,951 | -€4,159 | -€207 | -5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.