CELKA: 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.
CELKA
Largest movements
- Cash +€39,618
up €39,618 (+8.7%), from €453,162 to €492,780
mainly Net result for the year (+€34,077) and Tax, wage and social debts (+€5,560)
- Reserves +€32,500
up €32,500 (+59.6%), from €54,500 to €87,000
- Tax, wage and social debts +€5,560
new in 2025: €5,560
of which Taxes: +€3,465
- Gross operating margin +€23,753
up €23,753 (+91.2%), from €26,040 to €49,793
- Financial income -€3,517
down €3,517 (-58.4%), from €6,028 to €2,510
- Taxes +€1,860
up €1,860 (+15.0%), from €12,418 to €14,278
- Depreciation -€815
down €815 (-16.5%), from €4,952 to €4,137
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 | €509,932 | €546,516 | +€36,583 | +7.2% |
| Fixed assets | 21/28 | €14,083 | €9,946 | -€4,137 | -29.4% |
| Tangible fixed assets | 22/27 | €13,464 | €9,327 | -€4,137 | -30.7% |
| Plant, machinery and equipment | 23 | €2,891 | €2,536 | -€354 | -12.2% |
| Furniture and vehicles | 24 | €10,573 | €6,791 | -€3,783 | -35.8% |
| Financial fixed assets | 28 | €619 | €619 | = | 0.0% |
| Current assets | 29/58 | €495,849 | €536,569 | +€40,720 | +8.2% |
| Amounts receivable within one year | 40/41 | €41,272 | €42,531 | +€1,259 | +3.1% |
| Trade receivables | 40 | €32,442 | €38,503 | +€6,060 | +18.7% |
| Other amounts receivable | 41 | €8,829 | €4,029 | -€4,801 | -54.4% |
| Cash at bank and in hand | 54/58 | €453,162 | €492,780 | +€39,618 | +8.7% |
| Deferred charges and accrued income | 490/1 | €1,416 | €1,258 | -€157 | -11.1% |
| Total equity and liabilities | 10/49 | €509,932 | €546,516 | +€36,583 | +7.2% |
| Equity | 10/15 | €498,003 | €532,080 | +€34,077 | +6.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €54,500 | €87,000 | +€32,500 | +59.6% |
| Distributable reserves | 133 | €54,500 | €87,000 | +€32,500 | +59.6% |
| Profit (loss) carried forward | 14 | €423,043 | €424,620 | +€1,577 | +0.4% |
| Amounts payable | 17/49 | €11,929 | €14,436 | +€2,506 | +21.0% |
| Amounts payable within one year | 42/48 | €11,929 | €14,436 | +€2,506 | +21.0% |
| Trade debts | 44 | €2,675 | €3,074 | +€399 | +14.9% |
| Suppliers | 440/4 | €2,675 | €3,074 | +€399 | +14.9% |
| Taxes, remuneration and social security | 45 | - | €5,560 | +€5,560 | |
| Taxes | 450/3 | - | €3,465 | +€3,465 | |
| Remuneration and social security | 454/9 | - | €2,095 | +€2,095 | |
| Other amounts payable | 47/48 | €9,254 | €5,802 | -€3,452 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,952 | €4,137 | -€815 | -16.5% |
| Gross operating margin | 9900 | €26,040 | €49,793 | +€23,753 | +91.2% |
| Operating profit (loss) | 9901 | €21,087 | €45,656 | +€24,569 | +117% |
| Financial income | 75/76B | €6,028 | €2,510 | -€3,517 | -58.4% |
| Recurring financial income | 75 | €6,028 | €2,510 | -€3,517 | -58.4% |
| Financial charges | 65/66B | €217 | -€188 | -€405 | |
| Recurring financial charges | 65 | €217 | -€188 | -€405 | |
| Profit (loss) for the period before taxes | 9903 | €26,898 | €48,355 | +€21,457 | +79.8% |
| Income taxes | 67/77 | €12,418 | €14,278 | +€1,860 | +15.0% |
| Profit (loss) for the period | 9904 | €14,480 | €34,077 | +€19,597 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €14,480 | €34,077 | +€19,597 | +135% |
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 14 October 2026 via checked.be.