CELINESSE: 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.
CELINESSE
Largest movements
- Receivables within one year +€92,376
up €92,376 (+35.7%), from €258,880 to €351,255
of which Trade receivables: +€66,178
- Tangible fixed assets -€23,737
down €23,737 (-2.7%), from €870,461 to €846,724
- Cash +€22,669
up €22,669 (+85.2%), from €26,608 to €49,277
mainly Net result for the year (+€100,700) and Depreciation (+€49,503)
- Profit (loss) carried forward +€100,700
up €100,700 (+71.4%), from €141,078 to €241,778
- Debts after one year -€58,368
down €58,368 (-10.1%), from €579,170 to €520,802
- Tax, wage and social debts +€47,698
up €47,698 (+465.9%), from €10,237 to €57,935
of which Taxes: +€47,698
- Other debts +€13,141
up €13,141 (+3.7%), from €358,318 to €371,459
- Gross operating margin +€71,184
up €71,184 (+46.9%), from €151,807 to €222,991
- Taxes +€28,647
up €28,647 (+357.6%), from €8,011 to €36,657
- Depreciation -€7,715
down €7,715 (-13.5%), from €57,218 to €49,503
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 | €1,169,120 | €1,272,513 | +€103,393 | +8.8% |
| Fixed assets | 21/28 | €870,461 | €846,724 | -€23,737 | -2.7% |
| Tangible fixed assets | 22/27 | €870,461 | €846,724 | -€23,737 | -2.7% |
| Land and buildings | 22 | €870,461 | €846,724 | -€23,737 | -2.7% |
| Current assets | 29/58 | €298,659 | €425,789 | +€127,130 | +42.6% |
| Stocks and contracts in progress | 3 | €5,297 | €10,829 | +€5,533 | +104.5% |
| Stocks | 30/36 | €5,297 | €10,829 | +€5,533 | +104.5% |
| Amounts receivable within one year | 40/41 | €258,880 | €351,255 | +€92,376 | +35.7% |
| Trade receivables | 40 | €155,446 | €221,623 | +€66,178 | +42.6% |
| Other amounts receivable | 41 | €103,434 | €129,632 | +€26,198 | +25.3% |
| Cash at bank and in hand | 54/58 | €26,608 | €49,277 | +€22,669 | +85.2% |
| Deferred charges and accrued income | 490/1 | €7,875 | €14,428 | +€6,552 | +83.2% |
| Total equity and liabilities | 10/49 | €1,169,120 | €1,272,513 | +€103,393 | +8.8% |
| Equity | 10/15 | €159,538 | €260,238 | +€100,700 | +63.1% |
| Contributions | 10/11 | €16,600 | €16,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,078 | €241,778 | +€100,700 | +71.4% |
| Amounts payable | 17/49 | €1,009,582 | €1,012,275 | +€2,692 | +0.3% |
| Amounts payable after more than one year | 17 | €579,170 | €520,802 | -€58,368 | -10.1% |
| Financial debts | 170/4 | €579,170 | €520,802 | -€58,368 | -10.1% |
| Amounts payable within one year | 42/48 | €430,412 | €491,472 | +€61,060 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €57,128 | €58,368 | +€1,240 | +2.2% |
| Trade debts | 44 | €4,729 | €3,711 | -€1,019 | -21.5% |
| Suppliers | 440/4 | €4,729 | €3,711 | -€1,019 | -21.5% |
| Taxes, remuneration and social security | 45 | €10,237 | €57,935 | +€47,698 | +465.9% |
| Taxes | 450/3 | €8,897 | €56,594 | +€47,698 | +536.1% |
| Remuneration and social security | 454/9 | €1,340 | €1,340 | = | 0.0% |
| Other amounts payable | 47/48 | €358,318 | €371,459 | +€13,141 | +3.7% |
| Non-recurring operating income | 76A | - | €11,576 | +€11,576 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,218 | €49,503 | -€7,715 | -13.5% |
| Other operating charges | 640/8 | €21,064 | €22,288 | +€1,224 | +5.8% |
| Non-recurring operating charges | 66A | €30,000 | €0 | -€30,000 | -100.0% |
| Gross operating margin | 9900 | €151,807 | €222,991 | +€71,184 | +46.9% |
| Operating profit (loss) | 9901 | €43,526 | €151,200 | +€107,674 | +247.4% |
| Financial income | 75/76B | €411 | €120 | -€290 | -70.7% |
| Recurring financial income | 75 | €411 | €120 | -€290 | -70.7% |
| Financial charges | 65/66B | €14,540 | €13,962 | -€577 | -4.0% |
| Recurring financial charges | 65 | €14,540 | €13,962 | -€577 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €29,396 | €137,358 | +€107,961 | +367.3% |
| Income taxes | 67/77 | €8,011 | €36,657 | +€28,647 | +357.6% |
| Profit (loss) for the period | 9904 | €21,386 | €100,700 | +€79,314 | +370.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,386 | €100,700 | +€79,314 | +370.9% |
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 7 October 2026 via checked.be.