Celenite: 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.
Celenite
Largest movements
- Cash +€63,844
up €63,844 (+75.2%), from €84,941 to €148,785
mainly Net result for the year (+€58,667) and Depreciation (+€18,650)
- Tangible fixed assets -€18,650
down €18,650 (-35.7%), from €52,275 to €33,626
of which Furniture and vehicles: -€17,976
- Reserves +€58,667
up €58,667 (+81.7%), from €71,812 to €130,480
- Debts after one year -€13,663
down €13,663 (-33.2%), from €41,214 to €27,551
- Gross operating margin +€28,945
up €28,945 (+44.8%), from €64,667 to €93,612
- Depreciation +€15,056
up €15,056 (+419%), from €3,594 to €18,650
- Financial charges +€1,449
up €1,449 (+402%), from €360 to €1,810
- Taxes -€1,079
down €1,079 (-7.1%), from €15,157 to €14,078
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 | €159,608 | €205,931 | +€46,323 | +29.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €52,275 | €33,626 | -€18,650 | -35.7% |
| Tangible fixed assets | 22/27 | €52,275 | €33,626 | -€18,650 | -35.7% |
| Plant, machinery and equipment | 23 | €1,055 | €382 | -€673 | -63.8% |
| Furniture and vehicles | 24 | €51,220 | €33,244 | -€17,976 | -35.1% |
| Current assets | 29/58 | €107,333 | €172,306 | +€64,972 | +60.5% |
| Amounts receivable within one year | 40/41 | €21,555 | €23,520 | +€1,966 | +9.1% |
| Trade receivables | 40 | €21,017 | €23,518 | +€2,501 | +11.9% |
| Other amounts receivable | 41 | €538 | €3 | -€535 | -99.5% |
| Cash at bank and in hand | 54/58 | €84,941 | €148,785 | +€63,844 | +75.2% |
| Deferred charges and accrued income | 490/1 | €837 | - | -€837 | |
| Total equity and liabilities | 10/49 | €159,608 | €205,931 | +€46,323 | +29.0% |
| Equity | 10/15 | €76,812 | €135,480 | +€58,667 | +76.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,812 | €130,480 | +€58,667 | +81.7% |
| Distributable reserves | 133 | €71,812 | €130,480 | +€58,667 | +81.7% |
| Amounts payable | 17/49 | €82,796 | €70,451 | -€12,345 | -14.9% |
| Amounts payable after more than one year | 17 | €41,214 | €27,551 | -€13,663 | -33.2% |
| Financial debts | 170/4 | €41,214 | €27,551 | -€13,663 | -33.2% |
| Amounts payable within one year | 42/48 | €41,582 | €42,900 | +€1,318 | +3.2% |
| Financial debts | 43 | €13,196 | €13,709 | +€513 | +3.9% |
| Credit institutions | 430/8 | €13,196 | €13,663 | +€467 | +3.5% |
| Other loans | 439 | - | €47 | +€47 | |
| Trade debts | 44 | - | €249 | +€249 | |
| Suppliers | 440/4 | - | €249 | +€249 | |
| Taxes, remuneration and social security | 45 | €27,176 | €28,731 | +€1,555 | +5.7% |
| Taxes | 450/3 | €27,176 | €28,731 | +€1,555 | +5.7% |
| Other amounts payable | 47/48 | €1,210 | €210 | -€1,000 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,594 | €18,650 | +€15,056 | +419% |
| Other operating charges | 640/8 | €444 | €408 | -€36 | -8.2% |
| Gross operating margin | 9900 | €64,667 | €93,612 | +€28,945 | +44.8% |
| Operating profit (loss) | 9901 | €60,629 | €74,555 | +€13,926 | +23.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -90.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -90.8% |
| Financial charges | 65/66B | €360 | €1,810 | +€1,449 | +402% |
| Recurring financial charges | 65 | €360 | €1,810 | +€1,449 | +402% |
| Profit (loss) for the period before taxes | 9903 | €60,271 | €72,745 | +€12,475 | +20.7% |
| Income taxes | 67/77 | €15,157 | €14,078 | -€1,079 | -7.1% |
| Profit (loss) for the period | 9904 | €45,113 | €58,667 | +€13,554 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,113 | €58,667 | +€13,554 | +30.0% |
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 13 October 2026 via checked.be.