CELBEASSETS: 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.
CELBEASSETS
Largest movements
- Tangible fixed assets -€18,838
down €18,838 (-5.5%), from €345,529 to €326,692
- Cash -€5,909
down €5,909 (-25.8%), from €22,923 to €17,014
mainly Net result for the year (-€16,361) and Tax, wage and social debts (-€9,120)
- Profit (loss) carried forward -€16,361
down €16,361 (-217.0%), from -€7,541 to -€23,902
- Tax, wage and social debts -€9,120
down €9,120 (-100.0%), from €9,120 to €0
- Financial income +€9,120
new in 2025: €9,120
- Gross operating margin -€5,830
down €5,830, from €4,189 to -€1,641
- Other operating charges +€150
up €150 (+3.1%), from €4,773 to €4,923
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 | €379,319 | €354,610 | -€24,709 | -6.5% |
| Fixed assets | 21/28 | €353,179 | €334,342 | -€18,838 | -5.3% |
| Intangible fixed assets | 21 | €6,520 | €6,520 | = | 0.0% |
| Tangible fixed assets | 22/27 | €345,529 | €326,692 | -€18,838 | -5.5% |
| Land and buildings | 22 | €345,529 | €326,692 | -€18,838 | -5.5% |
| Financial fixed assets | 28 | €1,130 | €1,130 | = | 0.0% |
| Current assets | 29/58 | €26,140 | €20,268 | -€5,871 | -22.5% |
| Cash at bank and in hand | 54/58 | €22,923 | €17,014 | -€5,909 | -25.8% |
| Deferred charges and accrued income | 490/1 | €3,216 | €3,255 | +€38 | +1.2% |
| Total equity and liabilities | 10/49 | €379,319 | €354,610 | -€24,709 | -6.5% |
| Equity | 10/15 | €161,009 | €144,648 | -€16,361 | -10.2% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €8,550 | €8,550 | = | 0.0% |
| Distributable reserves | 133 | €8,550 | €8,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,541 | -€23,902 | -€16,361 | -217.0% |
| Amounts payable | 17/49 | €218,310 | €209,962 | -€8,348 | -3.8% |
| Amounts payable after more than one year | 17 | €160,000 | €160,000 | = | 0.0% |
| Other amounts payable | 178/9 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,024 | €49,029 | -€8,995 | -15.5% |
| Trade debts | 44 | €3,298 | €3,423 | +€125 | +3.8% |
| Suppliers | 440/4 | €3,298 | €3,423 | +€125 | +3.8% |
| Taxes, remuneration and social security | 45 | €9,120 | €0 | -€9,120 | -100.0% |
| Taxes | 450/3 | €9,120 | €0 | -€9,120 | -100.0% |
| Other amounts payable | 47/48 | €45,605 | €45,605 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €286 | €933 | +€647 | +226.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,838 | €18,838 | = | 0.0% |
| Other operating charges | 640/8 | €4,773 | €4,923 | +€150 | +3.1% |
| Gross operating margin | 9900 | €4,189 | -€1,641 | -€5,830 | |
| Operating profit (loss) | 9901 | -€19,422 | -€25,401 | -€5,979 | -30.8% |
| Financial income | 75/76B | - | €9,120 | +€9,120 | |
| Recurring financial income | 75 | - | €9,120 | +€9,120 | |
| Financial charges | 65/66B | €70 | €80 | +€10 | +14.3% |
| Recurring financial charges | 65 | €70 | €80 | +€10 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,492 | -€16,361 | +€3,131 | +16.1% |
| Profit (loss) for the period | 9904 | -€19,492 | -€16,361 | +€3,131 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,492 | -€16,361 | +€3,131 | +16.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.