CELIK BOUW: 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.
CELIK BOUW
Largest movements
- Tangible fixed assets +€82,509
up €82,509 (+2660.0%), from €3,102 to €85,611
of which Leasing and similar rights: +€73,699
- Receivables within one year +€25,073
up €25,073 (+215.7%), from €11,625 to €36,698
of which Trade receivables: +€23,320
- Cash +€6,449
up €6,449 (+371.8%), from €1,735 to €8,184
mainly Debts after one year (+€52,661) and Trade debts (+€25,305)
- Debts after one year +€52,661
new in 2025: €52,661
- Trade debts +€25,305
up €25,305 (+1367.9%), from €1,850 to €27,155
- Other debts +€17,209
up €17,209 (+843.3%), from €2,041 to €19,250
- Current portion of long-term debt +€13,654
new in 2025: €13,654
- Short-term financial debts +€2,993
up €2,993, from €0 to €2,993
- Gross operating margin +€11,713
up €11,713 (+85.7%), from €13,665 to €25,377
- Depreciation +€8,380
up €8,380 (+425.4%), from €1,970 to €10,349
- Financial charges +€4,303
up €4,303 (+190.0%), from €2,265 to €6,567
- Other operating charges +€976
up €976 (+78.7%), from €1,239 to €2,215
- Staff costs -€500
down €500 (-100.0%), from €500 to €0
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 | €17,788 | €131,610 | +€113,822 | +639.9% |
| Fixed assets | 21/28 | €3,102 | €85,611 | +€82,509 | +2660.0% |
| Tangible fixed assets | 22/27 | €3,102 | €85,611 | +€82,509 | +2660.0% |
| Plant, machinery and equipment | 23 | €2,433 | €11,321 | +€8,888 | +365.3% |
| Furniture and vehicles | 24 | €669 | €591 | -€78 | -11.7% |
| Leasing and similar rights | 25 | - | €73,699 | +€73,699 | |
| Current assets | 29/58 | €14,686 | €45,998 | +€31,313 | +213.2% |
| Amounts receivable within one year | 40/41 | €11,625 | €36,698 | +€25,073 | +215.7% |
| Trade receivables | 40 | €1,320 | €24,640 | +€23,320 | +1766.7% |
| Other amounts receivable | 41 | €10,305 | €12,058 | +€1,753 | +17.0% |
| Cash at bank and in hand | 54/58 | €1,735 | €8,184 | +€6,449 | +371.8% |
| Deferred charges and accrued income | 490/1 | €1,326 | €1,116 | -€210 | -15.8% |
| Total equity and liabilities | 10/49 | €17,788 | €131,610 | +€113,822 | +639.9% |
| Equity | 10/15 | €4,406 | €7,143 | +€2,737 | +62.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,406 | €5,143 | +€2,737 | +113.8% |
| Distributable reserves | 133 | €2,406 | €5,143 | +€2,737 | +113.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €13,382 | €124,467 | +€111,085 | +830.1% |
| Amounts payable after more than one year | 17 | - | €52,661 | +€52,661 | |
| Financial debts | 170/4 | - | €52,661 | +€52,661 | |
| Amounts payable within one year | 42/48 | €13,382 | €71,806 | +€58,424 | +436.6% |
| Current portion of amounts payable after more than one year | 42 | - | €13,654 | +€13,654 | |
| Financial debts | 43 | €0 | €2,993 | +€2,993 | |
| Credit institutions | 430/8 | €0 | €2,993 | +€2,993 | |
| Trade debts | 44 | €1,850 | €27,155 | +€25,305 | +1367.9% |
| Suppliers | 440/4 | €1,850 | €27,155 | +€25,305 | +1367.9% |
| Advances received on contracts in progress | 46 | €13 | €0 | -€13 | -100.0% |
| Taxes, remuneration and social security | 45 | €9,479 | €8,755 | -€724 | -7.6% |
| Taxes | 450/3 | €9,479 | €8,755 | -€724 | -7.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,041 | €19,250 | +€17,209 | +843.3% |
| Non-recurring operating income | 76A | - | €918 | +€918 | |
| Remuneration, social security and pensions | 62 | €500 | €0 | -€500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,970 | €10,349 | +€8,380 | +425.4% |
| Other operating charges | 640/8 | €1,239 | €2,215 | +€976 | +78.7% |
| Gross operating margin | 9900 | €13,665 | €25,377 | +€11,713 | +85.7% |
| Operating profit (loss) | 9901 | €9,956 | €12,813 | +€2,858 | +28.7% |
| Financial income | 75/76B | €414 | €0 | -€414 | -100.0% |
| Recurring financial income | 75 | €414 | €0 | -€414 | -100.0% |
| Financial charges | 65/66B | €2,265 | €6,567 | +€4,303 | +190.0% |
| Recurring financial charges | 65 | €2,265 | €6,567 | +€4,303 | +190.0% |
| Profit (loss) for the period before taxes | 9903 | €8,105 | €6,246 | -€1,859 | -22.9% |
| Income taxes | 67/77 | €3,866 | €3,509 | -€357 | -9.2% |
| Profit (loss) for the period | 9904 | €4,239 | €2,737 | -€1,502 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,239 | €2,737 | -€1,502 | -35.4% |
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 8 October 2026 via checked.be.