CELEJ: 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.
CELEJ
Largest movements
- Tangible fixed assets -€80,618
down €80,618 (-14.3%), from €561,835 to €481,217
of which Other tangible fixed assets: -€42,011
- Receivables within one year +€49,737
up €49,737 (+62.2%), from €79,965 to €129,702
of which Other amounts receivable: +€63,478
- Cash -€34,883
down €34,883 (-48.3%), from €72,187 to €37,304
mainly Other debts (-€85,733) and Receivables within one year (-€49,737)
- Other debts -€85,733
down €85,733 (-33.8%), from €253,742 to €168,008
- Profit (loss) carried forward +€44,697
up €44,697 (+14.6%), from €306,783 to €351,481
- Trade debts -€17,695
down €17,695 (-48.2%), from €36,739 to €19,044
- Gross operating margin -€102,302
down €102,302 (-16.4%), from €624,764 to €522,462
- Taxes -€56,955
down €56,955 (-87.6%), from €65,000 to €8,045
- Depreciation -€13,650
down €13,650 (-13.0%), from €104,765 to €91,115
- Staff costs -€12,206
down €12,206 (-3.2%), from €382,001 to €369,795
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.
Derived cash bridge
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 | €726,364 | €667,086 | -€59,278 | -8.2% |
| Fixed assets | 21/28 | €562,053 | €481,435 | -€80,618 | -14.3% |
| Tangible fixed assets | 22/27 | €561,835 | €481,217 | -€80,618 | -14.3% |
| Land and buildings | 22 | €373,804 | €352,648 | -€21,156 | -5.7% |
| Plant, machinery and equipment | 23 | €52,049 | €32,170 | -€19,879 | -38.2% |
| Furniture and vehicles | 24 | €17,011 | €19,439 | +€2,428 | +14.3% |
| Other tangible fixed assets | 26 | €118,971 | €76,960 | -€42,011 | -35.3% |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €164,312 | €185,651 | +€21,340 | +13.0% |
| Stocks and contracts in progress | 3 | €12,159 | €18,123 | +€5,963 | +49.0% |
| Stocks | 30/36 | €12,159 | €18,123 | +€5,963 | +49.0% |
| Amounts receivable within one year | 40/41 | €79,965 | €129,702 | +€49,737 | +62.2% |
| Trade receivables | 40 | €70,922 | €57,180 | -€13,742 | -19.4% |
| Other amounts receivable | 41 | €9,043 | €72,521 | +€63,478 | +702% |
| Cash at bank and in hand | 54/58 | €72,187 | €37,304 | -€34,883 | -48.3% |
| Deferred charges and accrued income | 490/1 | - | €523 | +€523 | |
| Total equity and liabilities | 10/49 | €726,364 | €667,086 | -€59,278 | -8.2% |
| Equity | 10/15 | €409,123 | €453,820 | +€44,697 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €306,783 | €351,481 | +€44,697 | +14.6% |
| Investment grants | 15 | €81,879 | €81,879 | = | 0.0% |
| Amounts payable | 17/49 | €317,241 | €213,266 | -€103,975 | -32.8% |
| Amounts payable within one year | 42/48 | €317,241 | €213,266 | -€103,975 | -32.8% |
| Trade debts | 44 | €36,739 | €19,044 | -€17,695 | -48.2% |
| Suppliers | 440/4 | €36,739 | €19,044 | -€17,695 | -48.2% |
| Taxes, remuneration and social security | 45 | €26,761 | €26,214 | -€547 | -2.0% |
| Taxes | 450/3 | - | €389 | +€389 | |
| Remuneration and social security | 454/9 | €26,761 | €25,825 | -€936 | -3.5% |
| Other amounts payable | 47/48 | €253,742 | €168,008 | -€85,733 | -33.8% |
| Remuneration, social security and pensions | 62 | €382,001 | €369,795 | -€12,206 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,765 | €91,115 | -€13,650 | -13.0% |
| Other operating charges | 640/8 | €7,256 | €1,242 | -€6,015 | -82.9% |
| Gross operating margin | 9900 | €624,764 | €522,462 | -€102,302 | -16.4% |
| Operating profit (loss) | 9901 | €130,742 | €60,311 | -€70,430 | -53.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,424 | €7,569 | -€855 | -10.1% |
| Recurring financial charges | 65 | €8,424 | €7,569 | -€855 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €122,318 | €52,742 | -€69,576 | -56.9% |
| Income taxes | 67/77 | €65,000 | €8,045 | -€56,955 | -87.6% |
| Profit (loss) for the period | 9904 | €57,318 | €44,697 | -€12,620 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,318 | €44,697 | -€12,620 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.