Cell-Tech Insulation: 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-Tech Insulation
Largest movements
- Receivables within one year -€46,188
down €46,188 (-82.5%), from €55,985 to €9,797
of which Trade receivables: -€48,387
- Cash -€6,642
down €6,642 (-93.5%), from €7,105 to €463
mainly Total equity and liabilities (-€47,251) and Net result for the year (-€7,490)
- Tangible fixed assets +€5,315
up €5,315 (+3834.1%), from €139 to €5,454
- Total equity and liabilities -€47,251
down €47,251 (-65.2%), from €72,452 to €25,201
of which Equity: -€49,260
- Gross operating margin -€44,963
down €44,963, from €38,242 to -€6,721
- Taxes -€6,086
no longer reported in 2025 (was €6,086)
- Depreciation -€1,584
down €1,584 (-95.1%), from €1,666 to €82
- Other operating charges -€457
down €457 (-51.9%), from €880 to €424
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 | €72,452 | €25,201 | -€47,251 | -65.2% |
| Fixed assets | 21/28 | €3,139 | €8,454 | +€5,315 | +169.3% |
| Tangible fixed assets | 22/27 | €139 | €5,454 | +€5,315 | +3834.1% |
| Plant, machinery and equipment | 23 | €139 | €5,454 | +€5,315 | +3834.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €69,314 | €16,748 | -€52,566 | -75.8% |
| Stocks and contracts in progress | 3 | €6,224 | €6,224 | = | 0.0% |
| Stocks | 30/36 | €6,224 | €6,224 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,985 | €9,797 | -€46,188 | -82.5% |
| Trade receivables | 40 | €53,090 | €4,703 | -€48,387 | -91.1% |
| Other amounts receivable | 41 | €3,053 | €5,094 | +€2,041 | +66.8% |
| Cash at bank and in hand | 54/58 | €7,105 | €463 | -€6,642 | -93.5% |
| Deferred charges and accrued income | 490/1 | - | €264 | +€264 | |
| Total equity and liabilities | 10/49 | €72,452 | €25,201 | -€47,251 | -65.2% |
| Equity | 10/15 | €62,397 | €13,137 | -€49,260 | -78.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €22,397 | - | -€22,397 | |
| Distributable reserves | 133 | €22,397 | - | -€22,397 | |
| Profit (loss) carried forward | 14 | -€19,373 | -€26,863 | -€7,490 | -38.7% |
| Amounts payable | 17/49 | €50,504 | €12,064 | -€38,440 | -76.1% |
| Amounts payable within one year | 42/48 | €50,504 | €12,064 | -€38,440 | -76.1% |
| Financial debts | 43 | €771 | €528 | -€244 | -31.6% |
| Credit institutions | 430/8 | €771 | €528 | -€244 | -31.6% |
| Trade debts | 44 | €46,697 | €8,265 | -€38,431 | -82.3% |
| Suppliers | 440/4 | €46,697 | €8,265 | -€38,431 | -82.3% |
| Taxes, remuneration and social security | 45 | €7,689 | - | -€7,689 | |
| Taxes | 450/3 | €7,689 | - | -€7,689 | |
| Other amounts payable | 47/48 | €1,433 | €3,271 | +€1,838 | +128.2% |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,666 | €82 | -€1,584 | -95.1% |
| Other operating charges | 640/8 | €880 | €424 | -€457 | -51.9% |
| Gross operating margin | 9900 | €38,242 | -€6,721 | -€44,963 | |
| Operating profit (loss) | 9901 | €35,696 | -€7,238 | -€42,934 | |
| Financial income | 75/76B | €158 | - | -€158 | |
| Recurring financial income | 75 | €158 | - | -€158 | |
| Financial charges | 65/66B | €130 | €252 | +€121 | +93.1% |
| Recurring financial charges | 65 | €130 | €252 | +€121 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €35,565 | -€7,490 | -€43,055 | |
| Income taxes | 67/77 | €6,086 | - | -€6,086 | |
| Profit (loss) for the period | 9904 | €29,480 | -€7,490 | -€36,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,480 | -€7,490 | -€36,970 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.