CELAME: 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.
CELAME
Largest movements
- Receivables within one year +€60,210
up €60,210 (+66.8%), from €90,153 to €150,364
of which Other amounts receivable: +€69,158
- Tangible fixed assets -€14,762
down €14,762 (-86.6%), from €17,043 to €2,281
of which Plant, machinery and equipment: -€10,023
- Trade debts +€72,340
up €72,340 (+188.8%), from €38,309 to €110,648
- Other debts -€47,975
down €47,975 (-96.0%), from €50,000 to €2,025
- Reserves +€28,732
up €28,732 (+14.1%), from €203,256 to €231,989
of which Distributable reserves: +€28,732
- Tax, wage and social debts +€9,599
up €9,599 (+8.5%), from €113,430 to €123,029
of which Taxes: +€12,163
- Debts after one year -€8,522
down €8,522 (-44.2%), from €19,290 to €10,768
of which Financial debts: -€8,522
- Staff costs -€25,902
down €25,902 (-62.1%), from €41,678 to €15,776
- Gross operating margin -€23,692
down €23,692 (-19.9%), from €119,072 to €95,379
- Financial charges +€18,816
up €18,816 (+354.4%), from €5,309 to €24,125
- Other operating charges -€6,473
down €6,473 (-54.4%), from €11,909 to €5,436
- Financial income +€5,639
up €5,639 (+606.0%), from €931 to €6,570
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.
Cash bridge derived
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 | €450,196 | €497,150 | +€46,954 | +10.4% |
| Fixed assets | 21/28 | €345,043 | €330,281 | -€14,762 | -4.3% |
| Tangible fixed assets | 22/27 | €17,043 | €2,281 | -€14,762 | -86.6% |
| Plant, machinery and equipment | 23 | €12,303 | €2,281 | -€10,023 | -81.5% |
| Furniture and vehicles | 24 | €4,739 | €0 | -€4,739 | -100.0% |
| Financial fixed assets | 28 | €328,000 | €328,000 | = | 0.0% |
| Current assets | 29/58 | €105,153 | €166,870 | +€61,716 | +58.7% |
| Amounts receivable within one year | 40/41 | €90,153 | €150,364 | +€60,210 | +66.8% |
| Trade receivables | 40 | €44,098 | €35,150 | -€8,948 | -20.3% |
| Other amounts receivable | 41 | €46,055 | €115,214 | +€69,158 | +150.2% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €6 | +€6 | |
| Deferred charges and accrued income | 490/1 | - | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €450,196 | €497,150 | +€46,954 | +10.4% |
| Equity | 10/15 | €208,256 | €236,989 | +€28,732 | +13.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €203,256 | €231,989 | +€28,732 | +14.1% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Own shares acquired | 1312 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €188,256 | €216,989 | +€28,732 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €241,940 | €260,162 | +€18,222 | +7.5% |
| Amounts payable after more than one year | 17 | €19,290 | €10,768 | -€8,522 | -44.2% |
| Financial debts | 170/4 | €19,290 | €10,768 | -€8,522 | -44.2% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €222,650 | €249,393 | +€26,744 | +12.0% |
| Financial debts | 43 | €20,911 | €13,691 | -€7,220 | -34.5% |
| Credit institutions | 430/8 | €20,911 | €13,691 | -€7,220 | -34.5% |
| Trade debts | 44 | €38,309 | €110,648 | +€72,340 | +188.8% |
| Suppliers | 440/4 | €38,309 | €110,648 | +€72,340 | +188.8% |
| Taxes, remuneration and social security | 45 | €113,430 | €123,029 | +€9,599 | +8.5% |
| Taxes | 450/3 | €107,157 | €119,320 | +€12,163 | +11.4% |
| Remuneration and social security | 454/9 | €6,274 | €3,709 | -€2,565 | -40.9% |
| Other amounts payable | 47/48 | €50,000 | €2,025 | -€47,975 | -96.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €41,678 | €15,776 | -€25,902 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,563 | €10,023 | -€4,540 | -31.2% |
| Other operating charges | 640/8 | €11,909 | €5,436 | -€6,473 | -54.4% |
| Gross operating margin | 9900 | €119,072 | €95,379 | -€23,692 | -19.9% |
| Operating profit (loss) | 9901 | €50,923 | €64,146 | +€13,223 | +26.0% |
| Financial income | 75/76B | €931 | €6,570 | +€5,639 | +606.0% |
| Recurring financial income | 75 | €931 | €6,570 | +€5,639 | +606.0% |
| Financial charges | 65/66B | €5,309 | €24,125 | +€18,816 | +354.4% |
| Recurring financial charges | 65 | €5,309 | €24,125 | +€18,816 | +354.4% |
| Profit (loss) for the period before taxes | 9903 | €46,544 | €46,590 | +€46 | +0.1% |
| Income taxes | 67/77 | €19,233 | €17,858 | -€1,375 | -7.1% |
| Profit (loss) for the period | 9904 | €27,311 | €28,732 | +€1,421 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,311 | €28,732 | +€1,421 | +5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.