CELFY: 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.
CELFY
Largest movements
- Tangible fixed assets +€16,156
up €16,156 (+36.7%), from €44,025 to €60,181
of which Plant, machinery and equipment: +€28,126
- Cash -€15,594
down €15,594 (-48.3%), from €32,258 to €16,664
mainly Investment in fixed assets (net) (-€29,315) and Debts after one year (-€10,117)
- Receivables within one year +€1,393
up €1,393 (+125.9%), from €1,107 to €2,500
of which Other amounts receivable: +€1,393
- Debts after one year -€10,117
down €10,117 (-34.0%), from €29,725 to €19,608
- Reserves +€8,117
up €8,117 (+43.3%), from €18,731 to €26,848
- Other debts +€7,930
up €7,930 (+89.3%), from €8,883 to €16,813
- Tax, wage and social debts -€5,597
down €5,597 (-71.9%), from €7,782 to €2,185
of which Remuneration and social security: -€3,292
- Trade debts +€1,256
up €1,256 (+151.6%), from €828 to €2,084
- Gross operating margin -€7,265
down €7,265 (-20.0%), from €36,323 to €29,058
- Taxes -€1,741
down €1,741 (-33.2%), from €5,241 to €3,500
- Other operating charges -€1,534
down €1,534 (-54.5%), from €2,816 to €1,282
- Financial charges +€740
up €740 (+32.8%), from €2,260 to €3,000
- Depreciation +€506
up €506 (+4.0%), from €12,653 to €13,159
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.
Cash bridge derived
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 | €78,178 | €80,156 | +€1,978 | +2.5% |
| Fixed assets | 21/28 | €44,025 | €60,181 | +€16,156 | +36.7% |
| Tangible fixed assets | 22/27 | €44,025 | €60,181 | +€16,156 | +36.7% |
| Plant, machinery and equipment | 23 | - | €28,126 | +€28,126 | |
| Furniture and vehicles | 24 | €44,025 | €32,055 | -€11,970 | -27.2% |
| Current assets | 29/58 | €34,153 | €19,975 | -€14,178 | -41.5% |
| Amounts receivable within one year | 40/41 | €1,107 | €2,500 | +€1,393 | +125.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,107 | €2,500 | +€1,393 | +125.9% |
| Cash at bank and in hand | 54/58 | €32,258 | €16,664 | -€15,594 | -48.3% |
| Deferred charges and accrued income | 490/1 | €788 | €811 | +€23 | +2.9% |
| Total equity and liabilities | 10/49 | €78,178 | €80,156 | +€1,978 | +2.5% |
| Equity | 10/15 | €21,231 | €29,348 | +€8,117 | +38.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,731 | €26,848 | +€8,117 | +43.3% |
| Distributable reserves | 133 | €18,731 | €26,848 | +€8,117 | +43.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,946 | €50,808 | -€6,139 | -10.8% |
| Amounts payable after more than one year | 17 | €29,725 | €19,608 | -€10,117 | -34.0% |
| Financial debts | 170/4 | €29,725 | €19,608 | -€10,117 | -34.0% |
| Amounts payable within one year | 42/48 | €27,222 | €31,199 | +€3,978 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €9,728 | €10,117 | +€389 | +4.0% |
| Trade debts | 44 | €828 | €2,084 | +€1,256 | +151.6% |
| Suppliers | 440/4 | €828 | €2,084 | +€1,256 | +151.6% |
| Taxes, remuneration and social security | 45 | €7,782 | €2,185 | -€5,597 | -71.9% |
| Taxes | 450/3 | €4,491 | €2,185 | -€2,305 | -51.3% |
| Remuneration and social security | 454/9 | €3,292 | €0 | -€3,292 | -100.0% |
| Other amounts payable | 47/48 | €8,883 | €16,813 | +€7,930 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,653 | €13,159 | +€506 | +4.0% |
| Other operating charges | 640/8 | €2,816 | €1,282 | -€1,534 | -54.5% |
| Gross operating margin | 9900 | €36,323 | €29,058 | -€7,265 | -20.0% |
| Operating profit (loss) | 9901 | €20,854 | €14,617 | -€6,237 | -29.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,260 | €3,000 | +€740 | +32.8% |
| Recurring financial charges | 65 | €2,260 | €3,000 | +€740 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €18,594 | €11,617 | -€6,977 | -37.5% |
| Income taxes | 67/77 | €5,241 | €3,500 | -€1,741 | -33.2% |
| Profit (loss) for the period | 9904 | €13,353 | €8,117 | -€5,236 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,353 | €8,117 | -€5,236 | -39.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.