Celemar: 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.
Celemar
Largest movements
- Receivables within one year +€94,972
up €94,972 (+2,183%), from €4,351 to €99,323
of which Other amounts receivable: +€93,632
- Cash +€74,991
up €74,991 (+102%), from €73,442 to €148,433
mainly Trade debts (+€133,279) and Depreciation (+€75,427)
- Tangible fixed assets +€40,070
up €40,070 (+17.9%), from €224,048 to €264,118
of which Furniture and vehicles: +€66,509
- Deferred charges and accrued income -€30,566
down €30,566 (-85.4%), from €35,796 to €5,231
- Stocks and contracts -€10,879
down €10,879 (-3.5%), from €309,487 to €298,608
- Trade debts +€133,279
up €133,279 (+28.5%), from €467,629 to €600,908
- Profit (loss) carried forward +€13,980
up €13,980 (+34.8%), from €40,165 to €54,145
- Current portion of long-term debt +€13,014
up €13,014 (+38.1%), from €34,194 to €47,208
- Gross operating margin +€63,585
up €63,585 (+17.0%), from €374,667 to €438,252
- Staff costs +€30,066
up €30,066 (+10.9%), from €276,604 to €306,670
- Depreciation +€20,463
up €20,463 (+37.2%), from €54,965 to €75,427
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.
Derived cash bridge
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 | €710,535 | €870,124 | +€159,589 | +22.5% |
| Fixed assets | 21/28 | €287,459 | €318,529 | +€31,070 | +10.8% |
| Intangible fixed assets | 21 | €59,301 | €50,301 | -€9,000 | -15.2% |
| Tangible fixed assets | 22/27 | €224,048 | €264,118 | +€40,070 | +17.9% |
| Land and buildings | 22 | €15,934 | €16,191 | +€257 | +1.6% |
| Plant, machinery and equipment | 23 | €106,063 | €87,123 | -€18,940 | -17.9% |
| Furniture and vehicles | 24 | €36,220 | €102,729 | +€66,509 | +184% |
| Other tangible fixed assets | 26 | €65,831 | €58,075 | -€7,756 | -11.8% |
| Financial fixed assets | 28 | €4,110 | €4,110 | = | 0.0% |
| Current assets | 29/58 | €423,076 | €551,594 | +€128,518 | +30.4% |
| Stocks and contracts in progress | 3 | €309,487 | €298,608 | -€10,879 | -3.5% |
| Stocks | 30/36 | €309,487 | €298,608 | -€10,879 | -3.5% |
| Amounts receivable within one year | 40/41 | €4,351 | €99,323 | +€94,972 | +2,183% |
| Trade receivables | 40 | €1,466 | €2,806 | +€1,340 | +91.4% |
| Other amounts receivable | 41 | €2,885 | €96,517 | +€93,632 | +3,246% |
| Cash at bank and in hand | 54/58 | €73,442 | €148,433 | +€74,991 | +102% |
| Deferred charges and accrued income | 490/1 | €35,796 | €5,231 | -€30,566 | -85.4% |
| Total equity and liabilities | 10/49 | €710,535 | €870,124 | +€159,589 | +22.5% |
| Equity | 10/15 | €87,986 | €101,966 | +€13,980 | +15.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €27,820 | €27,820 | = | 0.0% |
| Distributable reserves | 133 | €27,820 | €27,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,165 | €54,145 | +€13,980 | +34.8% |
| Amounts payable | 17/49 | €622,549 | €768,158 | +€145,609 | +23.4% |
| Amounts payable after more than one year | 17 | €91,506 | €98,171 | +€6,664 | +7.3% |
| Financial debts | 170/4 | €91,506 | €98,171 | +€6,664 | +7.3% |
| Amounts payable within one year | 42/48 | €531,043 | €669,987 | +€138,944 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €34,194 | €47,208 | +€13,014 | +38.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €467,629 | €600,908 | +€133,279 | +28.5% |
| Suppliers | 440/4 | €467,629 | €600,908 | +€133,279 | +28.5% |
| Taxes, remuneration and social security | 45 | €29,220 | €21,871 | -€7,349 | -25.2% |
| Taxes | 450/3 | €6,540 | €3,116 | -€3,424 | -52.3% |
| Remuneration and social security | 454/9 | €22,680 | €18,754 | -€3,926 | -17.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €276,604 | €306,670 | +€30,066 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,965 | €75,427 | +€20,463 | +37.2% |
| Other operating charges | 640/8 | €2,196 | €5,602 | +€3,406 | +155% |
| Non-recurring operating charges | 66A | €8,706 | €12,343 | +€3,637 | +41.8% |
| Gross operating margin | 9900 | €374,667 | €438,252 | +€63,585 | +17.0% |
| Operating profit (loss) | 9901 | €32,197 | €38,210 | +€6,013 | +18.7% |
| Financial income | 75/76B | €281 | €10 | -€271 | -96.6% |
| Recurring financial income | 75 | €281 | €10 | -€271 | -96.6% |
| Financial charges | 65/66B | €15,320 | €15,582 | +€262 | +1.7% |
| Recurring financial charges | 65 | €15,320 | €15,582 | +€262 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €17,158 | €22,637 | +€5,479 | +31.9% |
| Income taxes | 67/77 | €5,915 | €8,658 | +€2,742 | +46.4% |
| Profit (loss) for the period | 9904 | €11,243 | €13,980 | +€2,737 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,243 | €13,980 | +€2,737 | +24.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.