Celis Nicolas: 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 Nicolas
Largest movements
- Receivables within one year +€31,141
new in 2025: €31,141
- Cash +€1,949
up €1,949 (+94.8%), from €2,056 to €4,005
mainly Net result for the year (+€25,292) and Other debts (+€15,925)
- Tangible fixed assets -€1,259
down €1,259 (-8.9%), from €14,166 to €12,907
of which Furniture and vehicles: -€2,586
- Deferred charges and accrued income +€733
new in 2025: €733
- Other debts +€15,925
up €15,925 (+331%), from €4,815 to €20,740
- Tax, wage and social debts +€12,706
up €12,706 (+127%), from €9,996 to €22,702
- Trade debts +€3,042
up €3,042 (+135%), from €2,245 to €5,287
- Profit (loss) carried forward +€835
no longer reported in 2025 (was -€835)
- Gross operating margin +€34,415
up €34,415 (+544%), from €6,322 to €40,737
- Taxes +€7,294
up €7,294 (+335%), from €2,179 to €9,473
- Financial income +€693
up €693 (+3,719%), from €19 to €712
- Depreciation +€563
up €563 (+14.5%), from €3,876 to €4,439
- Other operating charges -€431
down €431 (-22.9%), from €1,882 to €1,451
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 | €16,222 | €48,786 | +€32,564 | +201% |
| Fixed assets | 21/28 | €14,166 | €12,907 | -€1,259 | -8.9% |
| Tangible fixed assets | 22/27 | €14,166 | €12,907 | -€1,259 | -8.9% |
| Plant, machinery and equipment | 23 | €2,205 | €4,387 | +€2,182 | +98.9% |
| Furniture and vehicles | 24 | €5,571 | €2,986 | -€2,586 | -46.4% |
| Other tangible fixed assets | 26 | €6,390 | €5,534 | -€855 | -13.4% |
| Current assets | 29/58 | €2,056 | €35,879 | +€33,823 | +1,645% |
| Amounts receivable within one year | 40/41 | - | €31,141 | +€31,141 | |
| Other amounts receivable | 41 | - | €31,141 | +€31,141 | |
| Cash at bank and in hand | 54/58 | €2,056 | €4,005 | +€1,949 | +94.8% |
| Deferred charges and accrued income | 490/1 | - | €733 | +€733 | |
| Total equity and liabilities | 10/49 | €16,222 | €48,786 | +€32,564 | +201% |
| Equity | 10/15 | -€834 | €57 | +€892 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €56 | +€56 | |
| Distributable reserves | 133 | - | €56 | +€56 | |
| Profit (loss) carried forward | 14 | -€835 | - | +€835 | |
| Amounts payable | 17/49 | €17,057 | €48,729 | +€31,672 | +186% |
| Amounts payable within one year | 42/48 | €17,057 | €48,729 | +€31,672 | +186% |
| Trade debts | 44 | €2,245 | €5,287 | +€3,042 | +135% |
| Suppliers | 440/4 | €2,245 | €5,287 | +€3,042 | +135% |
| Taxes, remuneration and social security | 45 | €9,996 | €22,702 | +€12,706 | +127% |
| Taxes | 450/3 | €9,996 | €22,702 | +€12,706 | +127% |
| Other amounts payable | 47/48 | €4,815 | €20,740 | +€15,925 | +331% |
| Non-recurring operating income | 76A | €1,658 | - | -€1,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,876 | €4,439 | +€563 | +14.5% |
| Other operating charges | 640/8 | €1,882 | €1,451 | -€431 | -22.9% |
| Gross operating margin | 9900 | €6,322 | €40,737 | +€34,415 | +544% |
| Operating profit (loss) | 9901 | €564 | €34,847 | +€34,283 | +6,078% |
| Financial income | 75/76B | €19 | €712 | +€693 | +3,719% |
| Recurring financial income | 75 | €19 | €712 | +€693 | +3,719% |
| Financial charges | 65/66B | €813 | €794 | -€19 | -2.3% |
| Recurring financial charges | 65 | €813 | €794 | -€19 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€230 | €34,765 | +€34,995 | |
| Income taxes | 67/77 | €2,179 | €9,473 | +€7,294 | +335% |
| Profit (loss) for the period | 9904 | -€2,410 | €25,292 | +€27,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,410 | €25,292 | +€27,701 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.