CELL: 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.
CELL
Largest movements
- Tangible fixed assets -€5,683
down €5,683 (-44.4%), from €12,790 to €7,107
of which Furniture and vehicles: -€5,607
- Receivables within one year -€1,962
down €1,962 (-68.3%), from €2,874 to €913
of which Other amounts receivable: -€1,028
- Deferred charges and accrued income -€453
down €453 (-30.8%), from €1,471 to €1,018
- Cash -€413
down €413 (-98.9%), from €417 to €5
mainly Net result for the year (-€11,239) and Trade debts (-€109)
- Profit (loss) carried forward -€11,239
down €11,239 (-35.6%), from -€31,540 to -€42,779
- Other debts +€2,144
up €2,144 (+12.1%), from €17,733 to €19,877
- Accrued charges and deferred income +€464
new in 2025: €464
- Gross operating margin -€4,980
down €4,980, from €1,476 to -€3,504
- Depreciation +€697
up €697 (+13.7%), from €5,075 to €5,772
- Other operating charges +€365
up €365 (+26.8%), from €1,361 to €1,726
- Financial charges +€35
up €35 (+57.3%), from €62 to €97
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 | €17,641 | €9,041 | -€8,599 | -48.7% |
| Fixed assets | 21/28 | €12,878 | €7,107 | -€5,772 | -44.8% |
| Intangible fixed assets | 21 | €88 | - | -€88 | |
| Tangible fixed assets | 22/27 | €12,790 | €7,107 | -€5,683 | -44.4% |
| Plant, machinery and equipment | 23 | €77 | - | -€77 | |
| Furniture and vehicles | 24 | €12,713 | €7,107 | -€5,607 | -44.1% |
| Current assets | 29/58 | €4,762 | €1,935 | -€2,828 | -59.4% |
| Amounts receivable within one year | 40/41 | €2,874 | €913 | -€1,962 | -68.3% |
| Trade receivables | 40 | €1,598 | €665 | -€933 | -58.4% |
| Other amounts receivable | 41 | €1,276 | €248 | -€1,028 | -80.6% |
| Cash at bank and in hand | 54/58 | €417 | €5 | -€413 | -98.9% |
| Deferred charges and accrued income | 490/1 | €1,471 | €1,018 | -€453 | -30.8% |
| Total equity and liabilities | 10/49 | €17,641 | €9,041 | -€8,599 | -48.7% |
| Equity | 10/15 | -€1,080 | -€12,320 | -€11,239 | -1040.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,859 | €11,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,540 | -€42,779 | -€11,239 | -35.6% |
| Amounts payable | 17/49 | €18,721 | €21,361 | +€2,640 | +14.1% |
| Amounts payable within one year | 42/48 | €18,721 | €20,897 | +€2,176 | +11.6% |
| Trade debts | 44 | €846 | €737 | -€109 | -12.9% |
| Suppliers | 440/4 | €846 | €737 | -€109 | -12.9% |
| Taxes, remuneration and social security | 45 | €142 | €283 | +€141 | +99.4% |
| Taxes | 450/3 | €142 | €283 | +€141 | +99.4% |
| Other amounts payable | 47/48 | €17,733 | €19,877 | +€2,144 | +12.1% |
| Accrued charges and deferred income | 492/3 | - | €464 | +€464 | |
| Non-recurring operating income | 76A | €3,907 | - | -€3,907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,075 | €5,772 | +€697 | +13.7% |
| Other operating charges | 640/8 | €1,361 | €1,726 | +€365 | +26.8% |
| Non-recurring operating charges | 66A | €49 | - | -€49 | |
| Gross operating margin | 9900 | €1,476 | -€3,504 | -€4,980 | |
| Operating profit (loss) | 9901 | -€5,010 | -€11,002 | -€5,992 | -119.6% |
| Financial charges | 65/66B | €62 | €97 | +€35 | +57.3% |
| Recurring financial charges | 65 | €62 | €97 | +€35 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,071 | -€11,099 | -€6,027 | -118.9% |
| Income taxes | 67/77 | €142 | €141 | -€1 | -0.6% |
| Profit (loss) for the period | 9904 | -€5,213 | -€11,239 | -€6,027 | -115.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,213 | -€11,239 | -€6,027 | -115.6% |
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 12 October 2026 via checked.be.