CELIS HASSELT: what changed
What changed
CELIS HASSELT
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€485,323
2024 · €636,618-€151,295
Equity
€4.3m
2024 · €5.8m-€1.5m
Cash
€10,571
2024 · €2.5m-€2.5m
Balance sheet total
€9.3m
2024 · €15.6m-€6.3m
Largest movements
Assets
- Cash -€2.5m
down €2.5m (-99.6%), from €2.5m to €10,571
mainly Contributions, distributions and other (-€2.0m) and Short-term financial debts (-€2.0m)
- Receivables within one year -€2.2m
down €2.2m (-42.7%), from €5.2m to €3.0m
of which Trade receivables: -€1.1m
- Tangible fixed assets -€1.4m
down €1.4m (-30.8%), from €4.6m to €3.2m
of which Land and buildings: -€1.4m
- Stocks and contracts -€168,202
down €168,202 (-5.1%), from €3.3m to €3.1m
Equity and liabilities
- Short-term financial debts -€2.0m
down €2.0m (-100%), from €2.0m to €0
- Debts after one year -€1.6m
down €1.6m (-41.5%), from €3.9m to €2.3m
- Trade debts -€1.0m
down €1.0m (-33.4%), from €3.1m to €2.0m
- Reserves -€597,281
down €597,281 (-32.4%), from €1.8m to €1.2m
of which Distributable reserves: -€452,356
- Profit (loss) carried forward -€487,558
down €487,558 (-18.0%), from €2.7m to €2.2m
Income statement
- Goods and materials -€4.8m
down €4.8m (-15.3%), from €31.0m to €26.2m
of which Purchases: -€2.7m
- Turnover -€4.6m
down €4.6m (-13.5%), from €34.0m to €29.4m
- Other operating income -€473,793
down €473,793 (-23.4%), from €2.0m to €1.6m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€636,618
Turnover
-€4.6m
Other operating income
-€473,793
Goods and materials
+€4.8m
Services and other goods
-€215,309
Staff costs
-€86,432
Depreciation
+€34,927
Write-downs
+€291,649
Other operating charges
-€2,374
Other operating items
-€70,556
Financial income
+€14
Financial charges
+€81,419
Taxes
+€142,348
Deferred taxes and other
-€9,759
Result 2025
€485,323
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.1m
Investment
+€1.1m
Financing
-€5.8m
Cash 2024
€2.5m
From operations (derived)
+€2.1m
Net result for the year
+€485,323
Depreciation
+€296,974
Stocks and contracts
+€168,202
Receivables within one year
+€2.2m
Deferred charges and accrued income
-€26
Provisions
-€157,385
Trade debts
-€1.0m
Tax, wage and social debts
+€47,889
Advances received
+€70,691
Other debts
+€26,289
Investment (derived)
+€1.1m
Investment in fixed assets (net)
+€1.1m
Financing
-€5.8m
Debts after one year
-€1.6m
Current portion of long-term debt
-€135,921
Short-term financial debts
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2025
€10,571
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,590,498 | €9,268,239 | -€6.3m | -40.6% |
| Fixed assets | 21/28 | €4,579,163 | €3,171,529 | -€1.4m | -30.7% |
| Tangible fixed assets | 22/27 | €4,577,339 | €3,169,705 | -€1.4m | -30.8% |
| Land and buildings | 22 | €3,379,488 | €1,992,785 | -€1.4m | -41.0% |
| Plant, machinery and equipment | 23 | €103,830 | €149,528 | +€45,698 | +44.0% |
| Furniture and vehicles | 24 | €670,565 | €1,027,392 | +€356,827 | +53.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €423,456 | €0 | -€423,456 | -100% |
| Financial fixed assets | 28 | €1,824 | €1,824 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,824 | €1,824 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,824 | €1,824 | = | 0.0% |
| Current assets | 29/58 | €11,011,335 | €6,096,711 | -€4.9m | -44.6% |
| Stocks and contracts in progress | 3 | €3,286,229 | €3,118,027 | -€168,202 | -5.1% |
| Stocks | 30/36 | €3,286,229 | €3,118,027 | -€168,202 | -5.1% |
| Goods purchased for resale | 34 | €3,286,229 | €3,118,027 | -€168,202 | -5.1% |
| Amounts receivable within one year | 40/41 | €5,178,859 | €2,968,027 | -€2.2m | -42.7% |
| Trade receivables | 40 | €1,989,231 | €869,992 | -€1.1m | -56.3% |
| Other amounts receivable | 41 | €3,189,628 | €2,098,035 | -€1.1m | -34.2% |
| Cash at bank and in hand | 54/58 | €2,546,187 | €10,571 | -€2.5m | -99.6% |
| Deferred charges and accrued income | 490/1 | €60 | €86 | +€26 | +43.3% |
| Total equity and liabilities | 10/49 | €15,590,498 | €9,268,239 | -€6.3m | -40.6% |
| Equity | 10/15 | €5,795,221 | €4,253,697 | -€1.5m | -26.6% |
| Contributions | 10/11 | €1,245,053 | €788,368 | -€456,685 | -36.7% |
| Capital | 10 | €1,245,053 | €788,368 | -€456,685 | -36.7% |
| Issued capital | 100 | €1,245,053 | €788,368 | -€456,685 | -36.7% |
| Reserves | 13 | €1,843,285 | €1,246,003 | -€597,281 | -32.4% |
| Non-distributable reserves | 130/1 | €124,505 | €78,837 | -€45,668 | -36.7% |
| Legal reserve | 130 | €124,505 | €78,837 | -€45,668 | -36.7% |
| Tax-exempt reserves | 132 | €485,530 | €386,272 | -€99,257 | -20.4% |
| Distributable reserves | 133 | €1,233,250 | €780,894 | -€452,356 | -36.7% |
| Profit (loss) carried forward | 14 | €2,706,884 | €2,219,326 | -€487,558 | -18.0% |
| Provisions and deferred taxes | 16 | €159,615 | €2,230 | -€157,385 | -98.6% |
| Deferred taxes | 168 | €159,615 | €2,230 | -€157,385 | -98.6% |
| Amounts payable | 17/49 | €9,635,661 | €5,012,312 | -€4.6m | -48.0% |
| Amounts payable after more than one year | 17 | €3,886,315 | €2,274,078 | -€1.6m | -41.5% |
| Financial debts | 170/4 | €3,886,315 | €2,274,078 | -€1.6m | -41.5% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €3,886,315 | €2,274,078 | -€1.6m | -41.5% |
| Amounts payable within one year | 42/48 | €5,749,346 | €2,738,233 | -€3.0m | -52.4% |
| Current portion of amounts payable after more than one year | 42 | €322,111 | €186,190 | -€135,921 | -42.2% |
| Financial debts | 43 | €2,000,000 | €0 | -€2.0m | -100% |
| Credit institutions | 430/8 | €2,000,000 | €0 | -€2.0m | -100% |
| Trade debts | 44 | €3,051,306 | €2,031,245 | -€1.0m | -33.4% |
| Suppliers | 440/4 | €3,051,306 | €2,031,245 | -€1.0m | -33.4% |
| Advances received on contracts in progress | 46 | €60,017 | €130,708 | +€70,691 | +118% |
| Taxes, remuneration and social security | 45 | €315,912 | €363,801 | +€47,889 | +15.2% |
| Taxes | 450/3 | €148,563 | €186,307 | +€37,745 | +25.4% |
| Remuneration and social security | 454/9 | €167,349 | €177,494 | +€10,144 | +6.1% |
| Other amounts payable | 47/48 | - | €26,289 | +€26,289 | |
| Operating income | 70/76A | €36,132,124 | €30,991,820 | -€5.1m | -14.2% |
| Turnover | 70 | €34,017,914 | €29,422,464 | -€4.6m | -13.5% |
| Other operating income | 74 | €2,027,646 | €1,553,852 | -€473,793 | -23.4% |
| Non-recurring operating income | 76A | €86,564 | €15,503 | -€71,061 | -82.1% |
| Operating charges | 60/66A | €34,898,922 | €30,123,935 | -€4.8m | -13.7% |
| Goods for resale, raw materials and consumables | 60 | €30,980,076 | €26,228,054 | -€4.8m | -15.3% |
| Purchases | 600/8 | €28,745,779 | €26,022,468 | -€2.7m | -9.5% |
| Change in stocks: decrease (increase) | 609 | €2,234,297 | €205,586 | -€2.0m | -90.8% |
| Services and other goods | 61 | €2,284,637 | €2,499,945 | +€215,309 | +9.4% |
| Remuneration, social security and pensions | 62 | €1,105,257 | €1,191,689 | +€86,432 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331,901 | €296,974 | -€34,927 | -10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €108,255 | -€183,394 | -€291,649 | |
| Other operating charges | 640/8 | €86,341 | €88,715 | +€2,374 | +2.7% |
| Non-recurring operating charges | 66A | €2,456 | €1,952 | -€504 | -20.5% |
| Operating profit (loss) | 9901 | €1,233,202 | €867,885 | -€365,317 | -29.6% |
| Financial income | 75/76B | €91 | €105 | +€14 | +15.0% |
| Recurring financial income | 75 | €91 | €105 | +€14 | +15.0% |
| Other financial income | 752/9 | €91 | €105 | +€14 | +15.0% |
| Financial charges | 65/66B | €275,714 | €194,294 | -€81,419 | -29.5% |
| Recurring financial charges | 65 | €275,714 | €194,294 | -€81,419 | -29.5% |
| Debt charges | 650 | €272,722 | €191,667 | -€81,055 | -29.7% |
| Other financial charges | 652/9 | €2,991 | €2,627 | -€364 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €957,579 | €673,695 | -€283,884 | -29.6% |
| Transfer from deferred taxes | 780 | €9,759 | - | -€9,759 | |
| Income taxes | 67/77 | €330,720 | €188,372 | -€142,348 | -43.0% |
| Taxes | 670/3 | €330,720 | €188,372 | -€142,348 | -43.0% |
| Profit (loss) for the period | 9904 | €636,618 | €485,323 | -€151,295 | -23.8% |
| Transfer from tax-exempt reserves | 789 | €345,026 | €20,003 | -€325,023 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €981,644 | €505,326 | -€476,317 | -48.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.