CEKA BELGIUM: 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.
CEKA BELGIUM
Largest movements
- Receivables within one year +€48,198
up €48,198 (+48.5%), from €99,413 to €147,611
of which Other amounts receivable: +€45,246
- Cash +€42,712
up €42,712 (+28.7%), from €148,810 to €191,522
mainly Net result for the year (+€35,664) and Tax, wage and social debts (+€26,178)
- Stocks and contracts +€19,357
up €19,357 (+19.5%), from €99,501 to €118,858
- Intangible fixed assets -€11,728
down €11,728 (-51.0%), from €23,017 to €11,289
- Profit (loss) carried forward +€28,650
up €28,650 (+95.2%), from €30,085 to €58,735
- Tax, wage and social debts +€26,178
up €26,178 (+104%), from €25,132 to €51,310
of which Taxes: +€32,992
- Advances received +€25,625
up €25,625 (+33.7%), from €76,144 to €101,769
- Trade debts +€19,093
up €19,093 (+870%), from €2,195 to €21,288
- Gross operating margin +€73,408
up €73,408 (+265%), from €27,655 to €101,063
- Financial charges +€50,242
up €50,242 (+524%), from €9,580 to €59,822
of which Non-recurring financial charges: +€52,552
- Depreciation -€13,694
down €13,694 (-85.4%), from €16,031 to €2,338
- Write-downs -€13,527
no longer reported in 2024 (was €13,527)
- Staff costs -€10,869
down €10,869 (-77.9%), from €13,947 to €3,078
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.
Derived cash bridge
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 | €389,841 | €489,387 | +€99,546 | +25.5% |
| Fixed assets | 21/28 | €26,309 | €11,414 | -€14,896 | -56.6% |
| Intangible fixed assets | 21 | €23,017 | €11,289 | -€11,728 | -51.0% |
| Tangible fixed assets | 22/27 | €3,168 | €0 | -€3,168 | -100% |
| Plant, machinery and equipment | 23 | €1,525 | €0 | -€1,525 | -100% |
| Furniture and vehicles | 24 | €1,643 | €0 | -€1,643 | -100% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €363,531 | €477,973 | +€114,442 | +31.5% |
| Stocks and contracts in progress | 3 | €99,501 | €118,858 | +€19,357 | +19.5% |
| Stocks | 30/36 | €99,501 | €118,858 | +€19,357 | +19.5% |
| Amounts receivable within one year | 40/41 | €99,413 | €147,611 | +€48,198 | +48.5% |
| Trade receivables | 40 | €86,968 | €89,919 | +€2,951 | +3.4% |
| Other amounts receivable | 41 | €12,446 | €57,692 | +€45,246 | +364% |
| Current investments | 50/53 | €5,300 | €5,300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €148,810 | €191,522 | +€42,712 | +28.7% |
| Deferred charges and accrued income | 490/1 | €10,506 | €14,683 | +€4,176 | +39.8% |
| Total equity and liabilities | 10/49 | €389,841 | €489,387 | +€99,546 | +25.5% |
| Equity | 10/15 | €186,369 | €215,019 | +€28,650 | +15.4% |
| Contributions | 10/11 | €98,000 | €98,000 | = | 0.0% |
| Capital | 10 | €98,000 | €98,000 | = | 0.0% |
| Issued capital | 100 | €98,000 | €98,000 | = | 0.0% |
| Reserves | 13 | €58,285 | €58,285 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,831 | €6,831 | -€50,000 | -88.0% |
| Legal reserve | 130 | €6,831 | €6,831 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | - | -€50,000 | |
| Tax-exempt reserves | 132 | €1,454 | €1,454 | = | 0.0% |
| Distributable reserves | 133 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €30,085 | €58,735 | +€28,650 | +95.2% |
| Amounts payable | 17/49 | €203,471 | €274,368 | +€70,896 | +34.8% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Other amounts payable | 178/9 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €103,471 | €174,368 | +€70,896 | +68.5% |
| Trade debts | 44 | €2,195 | €21,288 | +€19,093 | +870% |
| Suppliers | 440/4 | €2,195 | €21,288 | +€19,093 | +870% |
| Advances received on contracts in progress | 46 | €76,144 | €101,769 | +€25,625 | +33.7% |
| Taxes, remuneration and social security | 45 | €25,132 | €51,310 | +€26,178 | +104% |
| Taxes | 450/3 | €16,818 | €49,810 | +€32,992 | +196% |
| Remuneration and social security | 454/9 | €8,314 | €1,500 | -€6,814 | -82.0% |
| Remuneration, social security and pensions | 62 | €13,947 | €3,078 | -€10,869 | -77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,031 | €2,338 | -€13,694 | -85.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,527 | - | -€13,527 | |
| Other operating charges | 640/8 | €1,294 | €161 | -€1,133 | -87.6% |
| Gross operating margin | 9900 | €27,655 | €101,063 | +€73,408 | +265% |
| Operating profit (loss) | 9901 | -€17,145 | €95,486 | +€112,631 | |
| Financial income | 75/76B | €3,361 | - | -€3,361 | |
| Recurring financial income | 75 | €3,361 | - | -€3,361 | |
| Financial charges | 65/66B | €9,580 | €59,822 | +€50,242 | +524% |
| Recurring financial charges | 65 | €9,580 | €7,270 | -€2,310 | -24.1% |
| Non-recurring financial charges | 66B | - | €52,552 | +€52,552 | |
| Profit (loss) for the period before taxes | 9903 | -€23,364 | €35,664 | +€59,028 | |
| Profit (loss) for the period | 9904 | -€23,364 | €35,664 | +€59,028 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,364 | €35,664 | +€59,028 |
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 14 October 2026 via checked.be.