CELIDEE CONSTRUCT: 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.
CELIDEE CONSTRUCT
Largest movements
- Receivables within one year +€2.1m
up €2.1m (+74.9%), from €2.8m to €4.9m
of which Trade receivables: +€1.5m
- Stocks and contracts -€1.3m
down €1.3m (-36.7%), from €3.4m to €2.2m
- Deferred charges and accrued income +€941,612
up €941,612 (+219.8%), from €428,444 to €1.4m
- Cash +€753,970
up €753,970 (+1700.0%), from €44,351 to €798,321
mainly Trade debts (+€2.0m) and Net result for the year (+€1.4m)
- Advances received -€2.1m
down €2.1m (-100.0%), from €2.1m to €0
- Trade debts +€2.0m
up €2.0m (+135.5%), from €1.5m to €3.5m
- Reserves +€1.2m
new in 2025: €1.2m
- Tax, wage and social debts +€840,984
new in 2025: €840,984
- Debts after one year +€375,000
up €375,000 (+13.0%), from €2.9m to €3.3m
- Turnover +€7.4m
new in 2025: €7.4m
- Goods and materials +€3.0m
up €3.0m (+49.2%), from €6.0m to €9.0m
- Services and other goods +€1.2m
up €1.2m (+68734.6%), from €1,792 to €1.2m
- Other operating income +€990,306
up €990,306 (+741246.8%), from €134 to €990,439
- Taxes +€480,020
new in 2025: €480,020
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 | €6,735,638 | €9,289,542 | +€2.6m | +37.9% |
| Current assets | 29/58 | €6,735,638 | €9,289,542 | +€2.6m | +37.9% |
| Stocks and contracts in progress | 3 | €3,434,922 | €2,175,697 | -€1.3m | -36.7% |
| Stocks | 30/36 | €3,434,922 | €2,175,697 | -€1.3m | -36.7% |
| Property held for sale | 35 | €3,434,922 | €2,175,697 | -€1.3m | -36.7% |
| Amounts receivable within one year | 40/41 | €2,827,921 | €4,945,467 | +€2.1m | +74.9% |
| Trade receivables | 40 | €100,604 | €1,614,837 | +€1.5m | +1505.1% |
| Other amounts receivable | 41 | €2,727,317 | €3,330,630 | +€603,313 | +22.1% |
| Cash at bank and in hand | 54/58 | €44,351 | €798,321 | +€753,970 | +1700.0% |
| Deferred charges and accrued income | 490/1 | €428,444 | €1,370,057 | +€941,612 | +219.8% |
| Total equity and liabilities | 10/49 | €6,735,638 | €9,289,542 | +€2.6m | +37.9% |
| Equity | 10/15 | €163,856 | €1,514,432 | +€1.4m | +824.2% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | - | €1,214,432 | +€1.2m | |
| Distributable reserves | 133 | - | €1,214,432 | +€1.2m | |
| Profit (loss) carried forward | 14 | -€136,144 | €0 | +€136,144 | |
| Amounts payable | 17/49 | €6,571,782 | €7,775,110 | +€1.2m | +18.3% |
| Amounts payable after more than one year | 17 | €2,875,850 | €3,250,850 | +€375,000 | +13.0% |
| Financial debts | 170/4 | €2,875,850 | €3,250,850 | +€375,000 | +13.0% |
| Other loans | 174 | €2,875,850 | €3,250,850 | +€375,000 | +13.0% |
| Amounts payable within one year | 42/48 | €3,607,740 | €4,292,479 | +€684,739 | +19.0% |
| Trade debts | 44 | €1,465,362 | €3,451,495 | +€2.0m | +135.5% |
| Suppliers | 440/4 | €1,465,362 | €3,451,495 | +€2.0m | +135.5% |
| Advances received on contracts in progress | 46 | €2,142,378 | €0 | -€2.1m | -100.0% |
| Taxes, remuneration and social security | 45 | - | €840,984 | +€840,984 | |
| Taxes | 450/3 | - | €840,984 | +€840,984 | |
| Accrued charges and deferred income | 492/3 | €88,192 | €231,781 | +€143,589 | +162.8% |
| Operating income | 70/76A | €6,037,876 | €11,927,315 | +€5.9m | +97.5% |
| Turnover | 70 | - | €7,400,989 | +€7.4m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €6,037,743 | €3,535,887 | -€2.5m | -41.4% |
| Other operating income | 74 | €134 | €990,439 | +€990,306 | +741246.8% |
| Operating charges | 60/66A | €6,023,816 | €10,220,960 | +€4.2m | +69.7% |
| Goods for resale, raw materials and consumables | 60 | €6,021,511 | €8,986,510 | +€3.0m | +49.2% |
| Purchases | 600/8 | €6,021,511 | €8,986,510 | +€3.0m | +49.2% |
| Services and other goods | 61 | €1,792 | €1,233,324 | +€1.2m | +68734.6% |
| Other operating charges | 640/8 | €513 | €1,126 | +€613 | +119.4% |
| Operating profit (loss) | 9901 | €14,060 | €1,706,355 | +€1.7m | +12036.5% |
| Financial income | 75/76B | €70,148 | €124,241 | +€54,093 | +77.1% |
| Recurring financial income | 75 | €70,148 | €124,241 | +€54,093 | +77.1% |
| Income from current assets | 751 | €70,148 | €120,259 | +€50,112 | +71.4% |
| Other financial income | 752/9 | - | €3,981 | +€3,981 | |
| Financial charges | 65/66B | €16,408 | €0 | -€16,408 | -100.0% |
| Recurring financial charges | 65 | €16,408 | €0 | -€16,408 | -100.0% |
| Debt charges | 650 | €16,231 | €0 | -€16,231 | -100.0% |
| Other financial charges | 652/9 | €176 | €0 | -€176 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €67,800 | €1,830,596 | +€1.8m | +2600.0% |
| Income taxes | 67/77 | - | €480,020 | +€480,020 | |
| Taxes | 670/3 | - | €480,020 | +€480,020 | |
| Profit (loss) for the period | 9904 | €67,800 | €1,350,576 | +€1.3m | +1892.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,800 | €1,350,576 | +€1.3m | +1892.0% |
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 12 October 2026 via checked.be.