CELIST: 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.
CELIST
Largest movements
- Tangible fixed assets -€13,934
down €13,934 (-3.1%), from €446,992 to €433,058
of which Land and buildings: -€13,839
- Cash -€9,272
down €9,272 (-51.0%), from €18,187 to €8,915
mainly Debts after one year (-€30,707) and Tax, wage and social debts (-€2,136)
- Debts after one year -€30,707
down €30,707 (-10.2%), from €299,959 to €269,252
- Profit (loss) carried forward +€5,703
up €5,703 (+10.9%), from €52,324 to €58,027
- Taxes +€6,640
new in 2025: €6,640
- Gross operating margin -€1,372
down €1,372 (-4.0%), from €34,198 to €32,826
- Financial charges -€621
down €621 (-8.7%), from €7,170 to €6,549
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.
Cash bridge derived
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 | €471,679 | €445,677 | -€26,002 | -5.5% |
| Fixed assets | 21/28 | €446,992 | €433,058 | -€13,934 | -3.1% |
| Tangible fixed assets | 22/27 | €446,992 | €433,058 | -€13,934 | -3.1% |
| Land and buildings | 22 | €446,801 | €432,962 | -€13,839 | -3.1% |
| Furniture and vehicles | 24 | €191 | €96 | -€95 | -49.7% |
| Current assets | 29/58 | €24,687 | €12,619 | -€12,068 | -48.9% |
| Amounts receivable within one year | 40/41 | €6,500 | €3,704 | -€2,796 | -43.0% |
| Other amounts receivable | 41 | €6,500 | €3,704 | -€2,796 | -43.0% |
| Cash at bank and in hand | 54/58 | €18,187 | €8,915 | -€9,272 | -51.0% |
| Total equity and liabilities | 10/49 | €471,679 | €445,677 | -€26,002 | -5.5% |
| Equity | 10/15 | €57,324 | €63,027 | +€5,703 | +9.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,324 | €58,027 | +€5,703 | +10.9% |
| Amounts payable | 17/49 | €414,355 | €382,650 | -€31,705 | -7.7% |
| Amounts payable after more than one year | 17 | €299,959 | €269,252 | -€30,707 | -10.2% |
| Financial debts | 170/4 | €299,959 | €269,252 | -€30,707 | -10.2% |
| Amounts payable within one year | 42/48 | €110,040 | €109,042 | -€998 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €30,094 | €30,707 | +€613 | +2.0% |
| Trade debts | 44 | €5,355 | €5,880 | +€525 | +9.8% |
| Suppliers | 440/4 | €5,355 | €5,880 | +€525 | +9.8% |
| Taxes, remuneration and social security | 45 | €2,136 | - | -€2,136 | |
| Taxes | 450/3 | €2,136 | - | -€2,136 | |
| Other amounts payable | 47/48 | €72,455 | €72,455 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,356 | €4,356 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,934 | €13,934 | = | 0.0% |
| Gross operating margin | 9900 | €34,198 | €32,826 | -€1,372 | -4.0% |
| Operating profit (loss) | 9901 | €20,264 | €18,892 | -€1,372 | -6.8% |
| Financial charges | 65/66B | €7,170 | €6,549 | -€621 | -8.7% |
| Recurring financial charges | 65 | €7,170 | €6,549 | -€621 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €13,094 | €12,343 | -€751 | -5.7% |
| Income taxes | 67/77 | - | €6,640 | +€6,640 | |
| Profit (loss) for the period | 9904 | €13,094 | €5,703 | -€7,391 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,094 | €5,703 | -€7,391 | -56.4% |
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 3 October 2026 via checked.be.