CELIDON: 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.
CELIDON
Largest movements
- Cash -€14,536
down €14,536 (-45.5%), from €31,954 to €17,417
mainly Other debts (-€54,703) and Receivables within one year (-€13,953)
- Receivables within one year +€13,953
up €13,953 (+77.3%), from €18,045 to €31,999
of which Trade receivables: +€20,453
- Tangible fixed assets -€11,339
down €11,339 (-83.8%), from €13,537 to €2,198
of which Furniture and vehicles: -€12,020
- Other debts -€54,703
down €54,703 (-60.2%), from €90,865 to €36,162
- Reserves +€26,790
up €26,790 (+16.6%), from €160,924 to €187,714
of which Distributable reserves: +€26,790
- Tax, wage and social debts +€12,930
up €12,930 (+191.2%), from €6,762 to €19,692
- Gross operating margin +€46,224
up €46,224 (+1480.5%), from €3,122 to €49,346
- Taxes +€14,365
up €14,365 (+644.2%), from €2,230 to €16,595
- Financial charges +€3,858
up €3,858 (+51.9%), from €7,434 to €11,291
- Financial income +€2,672
up €2,672 (+15.0%), from €17,802 to €20,474
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 | €270,740 | €259,373 | -€11,367 | -4.2% |
| Fixed assets | 21/28 | €13,537 | €2,198 | -€11,339 | -83.8% |
| Tangible fixed assets | 22/27 | €13,537 | €2,198 | -€11,339 | -83.8% |
| Plant, machinery and equipment | 23 | €365 | €1,047 | +€682 | +186.6% |
| Furniture and vehicles | 24 | €13,172 | €1,152 | -€12,020 | -91.3% |
| Current assets | 29/58 | €257,203 | €257,175 | -€29 | 0.0% |
| Amounts receivable within one year | 40/41 | €18,045 | €31,999 | +€13,953 | +77.3% |
| Trade receivables | 40 | €11,545 | €31,999 | +€20,453 | +177.2% |
| Other amounts receivable | 41 | €6,500 | - | -€6,500 | |
| Current investments | 50/53 | €205,187 | €205,392 | +€205 | +0.1% |
| Cash at bank and in hand | 54/58 | €31,954 | €17,417 | -€14,536 | -45.5% |
| Deferred charges and accrued income | 490/1 | €2,017 | €2,367 | +€349 | +17.3% |
| Total equity and liabilities | 10/49 | €270,740 | €259,373 | -€11,367 | -4.2% |
| Equity | 10/15 | €171,496 | €200,120 | +€28,624 | +16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €160,924 | €187,714 | +€26,790 | +16.6% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €150,924 | €177,714 | +€26,790 | +17.8% |
| Profit (loss) carried forward | 14 | -€1,829 | €6 | +€1,834 | |
| Amounts payable | 17/49 | €99,244 | €59,253 | -€39,991 | -40.3% |
| Amounts payable within one year | 42/48 | €98,596 | €57,647 | -€40,949 | -41.5% |
| Trade debts | 44 | €968 | €1,793 | +€825 | +85.2% |
| Suppliers | 440/4 | €968 | €1,793 | +€825 | +85.2% |
| Taxes, remuneration and social security | 45 | €6,762 | €19,692 | +€12,930 | +191.2% |
| Taxes | 450/3 | €6,762 | €19,692 | +€12,930 | +191.2% |
| Other amounts payable | 47/48 | €90,865 | €36,162 | -€54,703 | -60.2% |
| Accrued charges and deferred income | 492/3 | €648 | €1,606 | +€958 | +147.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,907 | €12,460 | -€447 | -3.5% |
| Other operating charges | 640/8 | €661 | €849 | +€189 | +28.5% |
| Gross operating margin | 9900 | €3,122 | €49,346 | +€46,224 | +1480.5% |
| Operating profit (loss) | 9901 | -€10,446 | €36,037 | +€46,482 | |
| Financial income | 75/76B | €17,802 | €20,474 | +€2,672 | +15.0% |
| Recurring financial income | 75 | €17,802 | €20,474 | +€2,672 | +15.0% |
| Financial charges | 65/66B | €7,434 | €11,291 | +€3,858 | +51.9% |
| Recurring financial charges | 65 | €7,434 | €11,291 | +€3,858 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | -€77 | €45,220 | +€45,296 | |
| Income taxes | 67/77 | €2,230 | €16,595 | +€14,365 | +644.2% |
| Profit (loss) for the period | 9904 | -€2,307 | €28,624 | +€30,931 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,307 | €28,624 | +€30,931 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.