CELAU: 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.
CELAU
Largest movements
- Stocks and contracts -€6,884
down €6,884 (-33.6%), from €20,475 to €13,591
- Cash +€4,653
up €4,653 (+180.8%), from €2,573 to €7,226
mainly Stocks and contracts (+€6,884) and Receivables within one year (+€3,085)
- Receivables within one year -€3,085
down €3,085 (-92.2%), from €3,347 to €262
of which Trade receivables: -€2,551
- Tangible fixed assets -€2,630
down €2,630 (-37.5%), from €7,017 to €4,387
of which Plant, machinery and equipment: -€2,012
- Other debts -€6,580
down €6,580 (-3.3%), from €198,954 to €192,374
- Profit (loss) carried forward -€1,355
down €1,355 (-0.7%), from -€191,621 to -€192,976
- Trade debts -€591
down €591 (-9.6%), from €6,152 to €5,561
- Advances received +€395
new in 2025: €395
- Purchases and services -€7,272
down €7,272 (-13.9%), from €52,301 to €45,029
- Turnover -€5,416
down €5,416 (-11.0%), from €49,019 to €43,602
- Gross operating margin +€4,360
up €4,360, from -€1,337 to €3,023
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 | €33,413 | €25,510 | -€7,903 | -23.7% |
| Fixed assets | 21/28 | €7,017 | €4,387 | -€2,630 | -37.5% |
| Tangible fixed assets | 22/27 | €7,017 | €4,387 | -€2,630 | -37.5% |
| Land and buildings | 22 | €2,031 | €1,413 | -€618 | -30.4% |
| Plant, machinery and equipment | 23 | €4,986 | €2,974 | -€2,012 | -40.3% |
| Current assets | 29/58 | €26,396 | €21,122 | -€5,273 | -20.0% |
| Stocks and contracts in progress | 3 | €20,475 | €13,591 | -€6,884 | -33.6% |
| Stocks | 30/36 | €20,475 | €13,591 | -€6,884 | -33.6% |
| Amounts receivable within one year | 40/41 | €3,347 | €262 | -€3,085 | -92.2% |
| Trade receivables | 40 | €2,729 | €178 | -€2,551 | -93.5% |
| Other amounts receivable | 41 | €618 | €85 | -€533 | -86.3% |
| Cash at bank and in hand | 54/58 | €2,573 | €7,226 | +€4,653 | +180.8% |
| Deferred charges and accrued income | 490/1 | - | €42 | +€42 | |
| Total equity and liabilities | 10/49 | €33,413 | €25,510 | -€7,903 | -23.7% |
| Equity | 10/15 | -€172,957 | -€174,312 | -€1,355 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €72 | €72 | = | 0.0% |
| Tax-exempt reserves | 132 | €72 | €72 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€191,621 | -€192,976 | -€1,355 | -0.7% |
| Amounts payable | 17/49 | €206,370 | €199,822 | -€6,548 | -3.2% |
| Amounts payable within one year | 42/48 | €206,370 | €199,822 | -€6,548 | -3.2% |
| Trade debts | 44 | €6,152 | €5,561 | -€591 | -9.6% |
| Suppliers | 440/4 | €6,152 | €5,561 | -€591 | -9.6% |
| Advances received on contracts in progress | 46 | - | €395 | +€395 | |
| Taxes, remuneration and social security | 45 | €1,263 | €1,491 | +€228 | +18.0% |
| Taxes | 450/3 | €1,263 | €1,491 | +€228 | +18.0% |
| Other amounts payable | 47/48 | €198,954 | €192,374 | -€6,580 | -3.3% |
| Turnover | 70 | €49,019 | €43,602 | -€5,416 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,301 | €45,029 | -€7,272 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,812 | €2,630 | -€183 | -6.5% |
| Other operating charges | 640/8 | €542 | €520 | -€22 | -4.0% |
| Gross operating margin | 9900 | -€1,337 | €3,023 | +€4,360 | |
| Operating profit (loss) | 9901 | -€4,691 | -€127 | +€4,564 | +97.3% |
| Financial income | 75/76B | €38 | €137 | +€99 | +263.3% |
| Recurring financial income | 75 | €38 | €137 | +€99 | +263.3% |
| Financial charges | 65/66B | €1,714 | €1,366 | -€348 | -20.3% |
| Recurring financial charges | 65 | €1,714 | €1,366 | -€348 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,366 | -€1,355 | +€5,011 | +78.7% |
| Profit (loss) for the period | 9904 | -€6,366 | -€1,355 | +€5,011 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,366 | -€1,355 | +€5,011 | +78.7% |
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 3 October 2026 via checked.be.