CEKO-NET: 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.
CEKO-NET
Largest movements
- Receivables within one year +€488,763
up €488,763 (+96.7%), from €505,309 to €994,072
of which Trade receivables: +€625,749
- Cash +€119,754
up €119,754 (+1346.8%), from €8,892 to €128,645
mainly Trade debts (+€483,540) and Net result for the year (+€272,501)
- Tangible fixed assets -€25,267
down €25,267 (-24.7%), from €102,429 to €77,163
- Trade debts +€483,540
up €483,540 (+167.4%), from €288,938 to €772,478
- Profit (loss) carried forward +€152,501
up €152,501 (+205.2%), from €74,308 to €226,809
- Other debts -€27,475
down €27,475 (-18.3%), from €150,000 to €122,525
- Tax, wage and social debts -€24,495
down €24,495 (-28.3%), from €86,588 to €62,093
of which Remuneration and social security: -€24,310
- Gross operating margin +€110,932
up €110,932 (+18.0%), from €617,011 to €727,943
- Taxes +€98,350
up €98,350 (+409.8%), from €24,000 to €122,350
- Staff costs -€39,183
down €39,183 (-11.4%), from €343,587 to €304,404
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 | €619,290 | €1,203,360 | +€584,071 | +94.3% |
| Fixed assets | 21/28 | €105,089 | €80,643 | -€24,447 | -23.3% |
| Intangible fixed assets | 21 | €700 | €350 | -€350 | -50.0% |
| Tangible fixed assets | 22/27 | €102,429 | €77,163 | -€25,267 | -24.7% |
| Furniture and vehicles | 24 | €102,429 | €77,163 | -€25,267 | -24.7% |
| Financial fixed assets | 28 | €1,960 | €3,130 | +€1,170 | +59.7% |
| Current assets | 29/58 | €514,200 | €1,122,717 | +€608,517 | +118.3% |
| Amounts receivable within one year | 40/41 | €505,309 | €994,072 | +€488,763 | +96.7% |
| Trade receivables | 40 | €287,661 | €913,411 | +€625,749 | +217.5% |
| Other amounts receivable | 41 | €217,647 | €80,661 | -€136,986 | -62.9% |
| Cash at bank and in hand | 54/58 | €8,892 | €128,645 | +€119,754 | +1346.8% |
| Total equity and liabilities | 10/49 | €619,290 | €1,203,360 | +€584,071 | +94.3% |
| Equity | 10/15 | €93,763 | €246,264 | +€152,501 | +162.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €855 | €855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €855 | €855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €855 | €855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,308 | €226,809 | +€152,501 | +205.2% |
| Amounts payable | 17/49 | €525,526 | €957,096 | +€431,570 | +82.1% |
| Amounts payable within one year | 42/48 | €525,526 | €957,096 | +€431,570 | +82.1% |
| Trade debts | 44 | €288,938 | €772,478 | +€483,540 | +167.4% |
| Suppliers | 440/4 | €288,938 | €772,478 | +€483,540 | +167.4% |
| Taxes, remuneration and social security | 45 | €86,588 | €62,093 | -€24,495 | -28.3% |
| Taxes | 450/3 | €7,509 | €7,324 | -€186 | -2.5% |
| Remuneration and social security | 454/9 | €79,079 | €54,769 | -€24,310 | -30.7% |
| Other amounts payable | 47/48 | €150,000 | €122,525 | -€27,475 | -18.3% |
| Remuneration, social security and pensions | 62 | €343,587 | €304,404 | -€39,183 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,196 | €27,747 | +€1,551 | +5.9% |
| Other operating charges | 640/8 | €229 | - | -€229 | |
| Gross operating margin | 9900 | €617,011 | €727,943 | +€110,932 | +18.0% |
| Operating profit (loss) | 9901 | €246,999 | €395,792 | +€148,793 | +60.2% |
| Financial charges | 65/66B | €887 | €941 | +€54 | +6.1% |
| Recurring financial charges | 65 | €887 | €941 | +€54 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €246,113 | €394,851 | +€148,738 | +60.4% |
| Income taxes | 67/77 | €24,000 | €122,350 | +€98,350 | +409.8% |
| Profit (loss) for the period | 9904 | €222,113 | €272,501 | +€50,388 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €222,113 | €272,501 | +€50,388 | +22.7% |
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 2 October 2026 via checked.be.