CELANESE: 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.
What changed
CELANESE
NACE 20.600, Manufacture of chemicals and chemical products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€5.8m
2023 · €7.5m-€1.7m
Equity
€42.0m
2023 · €36.2m+€5.8m
Cash
€6.8m
2023 · €42,244+€6.7m
Balance sheet total
€90.6m
2023 · €112.5m-€21.8m
Largest movements
Assets
- Receivables within one year -€28.6m
down €28.6m (-35.6%), from €80.4m to €51.8m
of which Trade receivables: -€28.2m
- Cash +€6.7m
up €6.7m (+15964.2%), from €42,244 to €6.8m
mainly Receivables within one year (+€28.6m) and Net result for the year (+€5.8m)
Equity and liabilities
- Trade debts -€27.1m
down €27.1m (-87.0%), from €31.1m to €4.1m
- Profit (loss) carried forward +€5.8m
up €5.8m (+31.2%), from €18.6m to €24.4m
Income statement
- Turnover -€105.5m
down €105.5m (-21.4%), from €493.6m to €388.0m
- Goods and materials -€101.4m
down €101.4m (-21.3%), from €475.4m to €374.0m
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.
Result 2023
€7.5m
Turnover
-€105.5m
Other operating income
-€8,694
Goods and materials
+€101.4m
Services and other goods
+€904,921
Staff costs
+€589,741
Write-downs
-€510,008
Other operating charges
+€1.1m
Financial income
-€957,222
Financial charges
+€301,077
Taxes
+€1.1m
Result 2024
€5.8m
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.
From operations
+€6.7m
Investment
€0
Financing
€0
Cash 2023
€42,244
From operations (derived)
+€6.7m
Net result for the year
+€5.8m
Receivables within one year
+€28.6m
Provisions
-€182,645
Trade debts
-€27.1m
Tax, wage and social debts
-€157,716
Accrued charges and deferred income
-€205,993
Cash 2024
€6.8m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,492,848 | €90,649,717 | -€21.8m | -19.4% |
| Fixed assets | 21/28 | €32,051,400 | €32,051,400 | = | 0.0% |
| Financial fixed assets | 28 | €32,051,400 | €32,051,400 | = | 0.0% |
| Affiliated companies | 280/1 | €32,051,400 | €32,051,400 | = | 0.0% |
| Participating interests | 280 | €32,051,400 | €32,051,400 | = | 0.0% |
| Current assets | 29/58 | €80,441,448 | €58,598,317 | -€21.8m | -27.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €80,399,204 | €51,812,119 | -€28.6m | -35.6% |
| Trade receivables | 40 | €50,231,339 | €22,030,174 | -€28.2m | -56.1% |
| Other amounts receivable | 41 | €30,167,864 | €29,781,946 | -€385,919 | -1.3% |
| Cash at bank and in hand | 54/58 | €42,244 | €6,786,198 | +€6.7m | +15964.2% |
| Total equity and liabilities | 10/49 | €112,492,848 | €90,649,717 | -€21.8m | -19.4% |
| Equity | 10/15 | €36,219,681 | €42,013,921 | +€5.8m | +16.0% |
| Contributions | 10/11 | €11,240,319 | €11,240,319 | = | 0.0% |
| Reserves | 13 | €6,404,723 | €6,404,723 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,328,230 | €1,328,230 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,328,230 | €1,328,230 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,882,014 | €3,882,014 | = | 0.0% |
| Distributable reserves | 133 | €1,194,478 | €1,194,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,574,639 | €24,368,879 | +€5.8m | +31.2% |
| Provisions and deferred taxes | 16 | €1,160,250 | €977,606 | -€182,645 | -15.7% |
| Provisions for liabilities and charges | 160/5 | €1,160,250 | €977,606 | -€182,645 | -15.7% |
| Pensions and similar obligations | 160 | €860,795 | €701,258 | -€159,537 | -18.5% |
| Other liabilities and charges | 164/5 | €299,455 | €276,348 | -€23,107 | -7.7% |
| Amounts payable | 17/49 | €75,112,917 | €47,658,190 | -€27.5m | -36.6% |
| Amounts payable after more than one year | 17 | €41,000,000 | €41,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €41,000,000 | €41,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €33,906,924 | €6,658,190 | -€27.2m | -80.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €31,146,063 | €4,055,045 | -€27.1m | -87.0% |
| Suppliers | 440/4 | €31,146,063 | €4,055,045 | -€27.1m | -87.0% |
| Taxes, remuneration and social security | 45 | €2,760,862 | €2,603,145 | -€157,716 | -5.7% |
| Taxes | 450/3 | €1,374,615 | €1,546,870 | +€172,255 | +12.5% |
| Remuneration and social security | 454/9 | €1,386,246 | €1,056,275 | -€329,971 | -23.8% |
| Accrued charges and deferred income | 492/3 | €205,993 | €0 | -€205,993 | -100.0% |
| Operating income | 70/76A | €494,293,331 | €388,038,905 | -€106.3m | -21.5% |
| Turnover | 70 | €493,563,826 | €388,021,133 | -€105.5m | -21.4% |
| Other operating income | 74 | €26,466 | €17,772 | -€8,694 | -32.9% |
| Non-recurring operating income | 76A | €703,040 | €0 | -€703,040 | -100.0% |
| Operating charges | 60/66A | €484,421,526 | €380,259,818 | -€104.2m | -21.5% |
| Goods for resale, raw materials and consumables | 60 | €475,374,450 | €374,003,917 | -€101.4m | -21.3% |
| Purchases | 600/8 | €475,374,450 | €374,003,917 | -€101.4m | -21.3% |
| Services and other goods | 61 | €3,450,800 | €2,545,879 | -€904,921 | -26.2% |
| Remuneration, social security and pensions | 62 | €2,757,989 | €2,168,248 | -€589,741 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €233,076 | €743,084 | +€510,008 | +218.8% |
| Other operating charges | 640/8 | €1,902,170 | €798,689 | -€1.1m | -58.0% |
| Non-recurring operating charges | 66A | €703,040 | €0 | -€703,040 | -100.0% |
| Operating profit (loss) | 9901 | €9,871,806 | €7,779,087 | -€2.1m | -21.2% |
| Financial income | 75/76B | €4,229,913 | €3,272,691 | -€957,222 | -22.6% |
| Recurring financial income | 75 | €4,229,913 | €3,272,691 | -€957,222 | -22.6% |
| Income from current assets | 751 | €576,590 | €774,790 | +€198,200 | +34.4% |
| Other financial income | 752/9 | €3,653,323 | €2,497,901 | -€1.2m | -31.6% |
| Financial charges | 65/66B | €3,672,169 | €3,371,093 | -€301,077 | -8.2% |
| Recurring financial charges | 65 | €3,672,169 | €3,371,093 | -€301,077 | -8.2% |
| Debt charges | 650 | €3,395,346 | €3,164,966 | -€230,379 | -6.8% |
| Other financial charges | 652/9 | €276,824 | €206,126 | -€70,698 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €10,429,549 | €7,680,685 | -€2.7m | -26.4% |
| Income taxes | 67/77 | €2,947,843 | €1,886,445 | -€1.1m | -36.0% |
| Taxes | 670/3 | €2,947,843 | €2,112,039 | -€835,804 | -28.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €225,595 | +€225,595 | |
| Profit (loss) for the period | 9904 | €7,481,706 | €5,794,240 | -€1.7m | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,481,706 | €5,794,240 | -€1.7m | -22.6% |
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.