CELIK PEN: 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 PEN
Largest movements
- Receivables within one year +€28,789
up €28,789 (+39437.0%), from €73 to €28,862
of which Trade receivables: +€24,759
- Tangible fixed assets -€2,167
down €2,167 (-50.0%), from €4,333 to €2,166
- Cash +€1,106
up €1,106 (+113.1%), from €978 to €2,084
mainly Net result for the year (+€34,077) and Tax, wage and social debts (+€17,714)
- Profit (loss) carried forward +€34,077
up €34,077, from -€22,519 to €11,558
- Other debts -€26,644
no longer reported in 2025 (was €26,644)
- Tax, wage and social debts +€17,714
up €17,714 (+386.9%), from €4,579 to €22,293
of which Taxes: +€15,400
- Trade debts +€2,581
new in 2025: €2,581
- Gross operating margin +€58,876
up €58,876, from -€8,188 to €50,688
- Staff costs +€14,071
new in 2025: €14,071
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 | €18,704 | €46,432 | +€27,728 | +148.2% |
| Fixed assets | 21/28 | €4,333 | €2,166 | -€2,167 | -50.0% |
| Tangible fixed assets | 22/27 | €4,333 | €2,166 | -€2,167 | -50.0% |
| Furniture and vehicles | 24 | €4,333 | €2,166 | -€2,167 | -50.0% |
| Current assets | 29/58 | €14,371 | €44,266 | +€29,895 | +208.0% |
| Stocks and contracts in progress | 3 | €13,320 | €13,320 | = | 0.0% |
| Stocks | 30/36 | €13,320 | €13,320 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73 | €28,862 | +€28,789 | +39437.0% |
| Trade receivables | 40 | - | €24,759 | +€24,759 | |
| Other amounts receivable | 41 | €73 | €4,103 | +€4,030 | +5520.5% |
| Cash at bank and in hand | 54/58 | €978 | €2,084 | +€1,106 | +113.1% |
| Total equity and liabilities | 10/49 | €18,704 | €46,432 | +€27,728 | +148.2% |
| Equity | 10/15 | -€12,519 | €21,558 | +€34,077 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,519 | €11,558 | +€34,077 | |
| Amounts payable | 17/49 | €31,223 | €24,874 | -€6,349 | -20.3% |
| Amounts payable within one year | 42/48 | €31,223 | €24,874 | -€6,349 | -20.3% |
| Trade debts | 44 | - | €2,581 | +€2,581 | |
| Suppliers | 440/4 | - | €2,581 | +€2,581 | |
| Taxes, remuneration and social security | 45 | €4,579 | €22,293 | +€17,714 | +386.9% |
| Taxes | 450/3 | €4,579 | €19,979 | +€15,400 | +336.3% |
| Remuneration and social security | 454/9 | - | €2,314 | +€2,314 | |
| Other amounts payable | 47/48 | €26,644 | - | -€26,644 | |
| Remuneration, social security and pensions | 62 | - | €14,071 | +€14,071 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,167 | €2,167 | = | 0.0% |
| Other operating charges | 640/8 | €185 | €288 | +€103 | +55.7% |
| Non-recurring operating charges | 66A | €400 | - | -€400 | |
| Gross operating margin | 9900 | -€8,188 | €50,688 | +€58,876 | |
| Operating profit (loss) | 9901 | -€10,940 | €34,162 | +€45,102 | |
| Financial charges | 65/66B | €120 | €85 | -€35 | -29.2% |
| Recurring financial charges | 65 | €120 | €85 | -€35 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,060 | €34,077 | +€45,137 | |
| Profit (loss) for the period | 9904 | -€11,060 | €34,077 | +€45,137 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,060 | €34,077 | +€45,137 |
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 4 October 2026 via checked.be.