CELIS C.T.C.: what changed
Two financial 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 C.T.C.
Largest movements
- Tangible fixed assets +€30,040
up €30,040 (+19.9%), from €151,159 to €181,199
of which Furniture and vehicles: +€19,442
- Financial fixed assets +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Cash +€20,909
up €20,909 (+268%), from €7,788 to €28,697
mainly Debts after one year (+€95,342) and Depreciation (+€24,060)
- Receivables within one year +€20,898
new in 2025: €20,898
of which Other amounts receivable: +€17,500
- Debts after one year +€95,342
new in 2025: €95,342
- Profit (loss) carried forward +€4,295
up €4,295 (+2.8%), from -€152,539 to -€148,244
- Trade debts -€3,715
no longer reported in 2025 (was €3,715)
- Gross operating margin +€13,268
up €13,268 (+70.0%), from €18,955 to €32,222
- Depreciation +€11,457
up €11,457 (+90.9%), from €12,603 to €24,060
- Financial charges +€3,863
up €3,863 (+7,392%), from €52 to €3,915
- Financial income +€1,345
up €1,345 (+110%), from €1,220 to €2,565
- Taxes +€1,021
up €1,021 (+4,464%), from €23 to €1,044
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.
Derived cash bridge
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 | €238,418 | €333,744 | +€95,326 | +40.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €226,159 | €281,199 | +€55,040 | +24.3% |
| Tangible fixed assets | 22/27 | €151,159 | €181,199 | +€30,040 | +19.9% |
| Land and buildings | 22 | €121,309 | €116,475 | -€4,834 | -4.0% |
| Plant, machinery and equipment | 23 | €28,152 | €43,584 | +€15,432 | +54.8% |
| Furniture and vehicles | 24 | €1,699 | €21,141 | +€19,442 | +1,145% |
| Financial fixed assets | 28 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Current assets | 29/58 | €12,259 | €52,545 | +€40,286 | +329% |
| Stocks and contracts in progress | 3 | €2,950 | €2,950 | = | 0.0% |
| Stocks | 30/36 | €2,950 | €2,950 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €20,898 | +€20,898 | |
| Trade receivables | 40 | - | €3,398 | +€3,398 | |
| Other amounts receivable | 41 | - | €17,500 | +€17,500 | |
| Cash at bank and in hand | 54/58 | €7,788 | €28,697 | +€20,909 | +268% |
| Deferred charges and accrued income | 490/1 | €1,521 | - | -€1,521 | |
| Total equity and liabilities | 10/49 | €238,418 | €333,744 | +€95,326 | +40.0% |
| Equity | 10/15 | €233,920 | €238,215 | +€4,295 | +1.8% |
| Contributions | 10/11 | €156,900 | €156,900 | = | 0.0% |
| Reserves | 13 | €229,558 | €229,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,690 | €15,690 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,690 | €15,690 | = | 0.0% |
| Distributable reserves | 133 | €213,868 | €213,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,539 | -€148,244 | +€4,295 | +2.8% |
| Amounts payable | 17/49 | €4,499 | €95,529 | +€91,030 | +2,023% |
| Amounts payable after more than one year | 17 | - | €95,342 | +€95,342 | |
| Financial debts | 170/4 | - | €95,342 | +€95,342 | |
| Amounts payable within one year | 42/48 | €4,499 | €187 | -€4,312 | -95.8% |
| Trade debts | 44 | €3,715 | - | -€3,715 | |
| Suppliers | 440/4 | €3,715 | - | -€3,715 | |
| Taxes, remuneration and social security | 45 | €23 | €187 | +€164 | +717% |
| Taxes | 450/3 | €23 | €187 | +€164 | +717% |
| Other amounts payable | 47/48 | €761 | - | -€761 | |
| Non-recurring operating income | 76A | €10,026 | €50,000 | +€39,974 | +399% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,603 | €24,060 | +€11,457 | +90.9% |
| Other operating charges | 640/8 | €1,741 | €1,473 | -€269 | -15.4% |
| Non-recurring operating charges | 66A | €3,534 | - | -€3,534 | |
| Gross operating margin | 9900 | €18,955 | €32,222 | +€13,268 | +70.0% |
| Operating profit (loss) | 9901 | €1,076 | €6,690 | +€5,614 | +522% |
| Financial income | 75/76B | €1,220 | €2,565 | +€1,345 | +110% |
| Recurring financial income | 75 | €1,220 | €2,565 | +€1,345 | +110% |
| Financial charges | 65/66B | €52 | €3,915 | +€3,863 | +7,392% |
| Recurring financial charges | 65 | €52 | €3,915 | +€3,863 | +7,392% |
| Profit (loss) for the period before taxes | 9903 | €2,244 | €5,339 | +€3,095 | +138% |
| Income taxes | 67/77 | €23 | €1,044 | +€1,021 | +4,464% |
| Profit (loss) for the period | 9904 | €2,221 | €4,295 | +€2,074 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,221 | €4,295 | +€2,074 | +93.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.