Celis Watertech - Putboringen: 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 Watertech - Putboringen
Largest movements
- Receivables within one year -€29,292
down €29,292 (-10.7%), from €275,009 to €245,717
of which Trade receivables: -€33,754
- Tangible fixed assets -€19,299
down €19,299 (-3.7%), from €516,858 to €497,558
of which Plant, machinery and equipment: -€10,551
- Debts after one year -€34,924
down €34,924 (-44.5%), from €78,481 to €43,557
- Tax, wage and social debts -€14,504
down €14,504 (-73.9%), from €19,638 to €5,134
- Gross operating margin -€40,797
down €40,797 (-38.3%), from €106,574 to €65,777
- Staff costs -€30,147
down €30,147 (-66.7%), from €45,165 to €15,018
- Taxes -€6,960
down €6,960 (-68.6%), from €10,149 to €3,189
- Depreciation -€6,649
down €6,649 (-16.1%), from €41,330 to €34,681
- Financial charges -€1,285
down €1,285 (-41.2%), from €3,122 to €1,837
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €802,047 | €753,109 | -€48,938 | -6.1% |
| Fixed assets | 21/28 | €516,858 | €497,558 | -€19,299 | -3.7% |
| Tangible fixed assets | 22/27 | €516,858 | €497,558 | -€19,299 | -3.7% |
| Land and buildings | 22 | €342,654 | €333,906 | -€8,748 | -2.6% |
| Plant, machinery and equipment | 23 | €157,069 | €146,517 | -€10,551 | -6.7% |
| Furniture and vehicles | 24 | €17,135 | €17,135 | = | 0.0% |
| Current assets | 29/58 | €285,189 | €255,550 | -€29,639 | -10.4% |
| Amounts receivable within one year | 40/41 | €275,009 | €245,717 | -€29,292 | -10.7% |
| Trade receivables | 40 | €275,009 | €241,255 | -€33,754 | -12.3% |
| Other amounts receivable | 41 | - | €4,462 | +€4,462 | |
| Cash at bank and in hand | 54/58 | €6,471 | €6,186 | -€285 | -4.4% |
| Deferred charges and accrued income | 490/1 | €3,708 | €3,647 | -€62 | -1.7% |
| Total equity and liabilities | 10/49 | €802,047 | €753,109 | -€48,938 | -6.1% |
| Equity | 10/15 | €551,866 | €555,485 | +€3,619 | +0.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €545,661 | €549,280 | +€3,619 | +0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €543,801 | €547,420 | +€3,619 | +0.7% |
| Amounts payable | 17/49 | €250,180 | €197,624 | -€52,557 | -21.0% |
| Amounts payable after more than one year | 17 | €78,481 | €43,557 | -€34,924 | -44.5% |
| Financial debts | 170/4 | €78,481 | €43,557 | -€34,924 | -44.5% |
| Amounts payable within one year | 42/48 | €171,699 | €154,067 | -€17,632 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €34,179 | €34,552 | +€373 | +1.1% |
| Trade debts | 44 | €7,025 | €3,636 | -€3,389 | -48.2% |
| Suppliers | 440/4 | €7,025 | €3,636 | -€3,389 | -48.2% |
| Taxes, remuneration and social security | 45 | €19,638 | €5,134 | -€14,504 | -73.9% |
| Taxes | 450/3 | €19,638 | €5,134 | -€14,504 | -73.9% |
| Other amounts payable | 47/48 | €110,856 | €110,744 | -€112 | -0.1% |
| Non-recurring operating income | 76A | €1,053 | - | -€1,053 | |
| Remuneration, social security and pensions | 62 | €45,165 | €15,018 | -€30,147 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,330 | €34,681 | -€6,649 | -16.1% |
| Other operating charges | 640/8 | €8,786 | €7,546 | -€1,239 | -14.1% |
| Gross operating margin | 9900 | €106,574 | €65,777 | -€40,797 | -38.3% |
| Operating profit (loss) | 9901 | €11,294 | €8,532 | -€2,762 | -24.5% |
| Financial income | 75/76B | €40 | €113 | +€73 | +182% |
| Recurring financial income | 75 | €40 | €113 | +€73 | +182% |
| Financial charges | 65/66B | €3,122 | €1,837 | -€1,285 | -41.2% |
| Recurring financial charges | 65 | €3,122 | €1,837 | -€1,285 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €8,212 | €6,808 | -€1,404 | -17.1% |
| Income taxes | 67/77 | €10,149 | €3,189 | -€6,960 | -68.6% |
| Profit (loss) for the period | 9904 | -€1,937 | €3,619 | +€5,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,937 | €3,619 | +€5,556 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.