Celis Beheer: 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.
Celis Beheer
Largest movements
- Financial fixed assets -€1.3m
down €1.3m (-35.0%), from €3.6m to €2.4m
- Receivables within one year +€903,009
up €903,009 (+463.1%), from €195,000 to €1.1m
of which Other amounts receivable: +€1.0m
- Tangible fixed assets +€651,471
up €651,471 (+29.3%), from €2.2m to €2.9m
- Cash -€147,524
down €147,524 (-100.0%), from €147,524 to €0
mainly Receivables within one year (-€903,009) and Debts after one year (-€228,818)
- Profit (loss) carried forward +€250,493
up €250,493 (+51.3%), from €488,547 to €739,041
- Debts after one year -€228,818
down €228,818 (-8.3%), from €2.7m to €2.5m
- Reserves +€208,315
up €208,315 (+183.1%), from €113,783 to €322,098
of which Tax-exempt reserves: +€106,822
- Other debts -€98,621
down €98,621 (-31.7%), from €311,369 to €212,747
- Contributions +€77,053
up €77,053 (+183.3%), from €42,031 to €119,084
- Financial income -€139,358
no longer reported in 2025 (was €139,358)
- Depreciation +€106,921
new in 2025: €106,921
- Gross operating margin -€50,544
down €50,544 (-15.7%), from €322,457 to €271,913
- Taxes -€12,053
down €12,053 (-18.5%), from €65,244 to €53,190
- Financial charges -€4,992
down €4,992 (-9.2%), from €54,503 to €49,511
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,193,485 | €6,335,213 | +€141,728 | +2.3% |
| Fixed assets | 21/28 | €5,850,961 | €5,234,958 | -€616,003 | -10.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €2,226,961 | €2,878,432 | +€651,471 | +29.3% |
| Land and buildings | 22 | €2,226,961 | €2,878,432 | +€651,471 | +29.3% |
| Financial fixed assets | 28 | €3,624,000 | €2,356,526 | -€1.3m | -35.0% |
| Current assets | 29/58 | €342,524 | €1,100,255 | +€757,731 | +221.2% |
| Amounts receivable within one year | 40/41 | €195,000 | €1,098,009 | +€903,009 | +463.1% |
| Trade receivables | 40 | €195,000 | €51,793 | -€143,207 | -73.4% |
| Other amounts receivable | 41 | €0 | €1,046,215 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €147,524 | €0 | -€147,524 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,247 | +€2,247 | |
| Total equity and liabilities | 10/49 | €6,193,485 | €6,335,213 | +€141,728 | +2.3% |
| Equity | 10/15 | €2,735,612 | €3,271,473 | +€535,862 | +19.6% |
| Contributions | 10/11 | €42,031 | €119,084 | +€77,053 | +183.3% |
| Revaluation surpluses | 12 | €2,091,250 | €2,091,250 | = | 0.0% |
| Reserves | 13 | €113,783 | €322,098 | +€208,315 | +183.1% |
| Tax-exempt reserves | 132 | €109,580 | €216,403 | +€106,822 | +97.5% |
| Distributable reserves | 133 | €4,203 | €105,696 | +€101,493 | +2414.7% |
| Profit (loss) carried forward | 14 | €488,547 | €739,041 | +€250,493 | +51.3% |
| Amounts payable | 17/49 | €3,457,873 | €3,063,740 | -€394,134 | -11.4% |
| Amounts payable after more than one year | 17 | €2,747,086 | €2,518,268 | -€228,818 | -8.3% |
| Financial debts | 170/4 | €2,747,086 | €2,518,268 | -€228,818 | -8.3% |
| Amounts payable within one year | 42/48 | €702,249 | €505,927 | -€196,322 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €233,840 | €237,742 | +€3,902 | +1.7% |
| Financial debts | 43 | €65,000 | €0 | -€65,000 | -100.0% |
| Credit institutions | 430/8 | €65,000 | €0 | -€65,000 | -100.0% |
| Trade debts | 44 | €7,577 | €2,247 | -€5,331 | -70.4% |
| Suppliers | 440/4 | €7,577 | €2,247 | -€5,331 | -70.4% |
| Taxes, remuneration and social security | 45 | €84,463 | €53,190 | -€31,272 | -37.0% |
| Taxes | 450/3 | €84,463 | €53,190 | -€31,272 | -37.0% |
| Other amounts payable | 47/48 | €311,369 | €212,747 | -€98,621 | -31.7% |
| Accrued charges and deferred income | 492/3 | €8,538 | €39,545 | +€31,007 | +363.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €106,921 | +€106,921 | |
| Other operating charges | 640/8 | €24,674 | €20,015 | -€4,658 | -18.9% |
| Gross operating margin | 9900 | €322,457 | €271,913 | -€50,544 | -15.7% |
| Operating profit (loss) | 9901 | €297,783 | €144,976 | -€152,807 | -51.3% |
| Financial income | 75/76B | €139,358 | - | -€139,358 | |
| Recurring financial income | 75 | €139,358 | - | -€139,358 | |
| Financial charges | 65/66B | €54,503 | €49,511 | -€4,992 | -9.2% |
| Recurring financial charges | 65 | €54,503 | €49,511 | -€4,992 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €382,638 | €95,465 | -€287,173 | -75.1% |
| Income taxes | 67/77 | €65,244 | €53,190 | -€12,053 | -18.5% |
| Profit (loss) for the period | 9904 | €317,394 | €42,275 | -€275,119 | -86.7% |
| Transfer from tax-exempt reserves | 789 | - | €5,915 | +€5,915 | |
| Profit (loss) for the period to be appropriated | 9905 | €317,394 | €48,190 | -€269,204 | -84.8% |
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 5 October 2026 via checked.be.