CELLO COMMUNICATIONS NETWORK: 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.
CELLO COMMUNICATIONS NETWORK
Largest movements
- Receivables within one year -€31,055
down €31,055 (-46.0%), from €67,460 to €36,405
of which Other amounts receivable: -€15,894
- Tangible fixed assets -€7,966
down €7,966 (-6.5%), from €122,422 to €114,456
of which Land and buildings: -€7,377
- Cash +€3,092
up €3,092 (+3.7%), from €82,730 to €85,822
mainly Net result for the year (+€79,681) and Receivables within one year (+€31,055)
- Other debts -€104,167
down €104,167 (-99.2%), from €105,000 to €833
- Reserves +€78,000
up €78,000 (+82.9%), from €94,038 to €172,038
- Trade debts -€30,431
down €30,431 (-94.3%), from €32,285 to €1,854
- Debts after one year +€12,866
new in 2025: €12,866
- Tax, wage and social debts +€6,753
up €6,753 (+64.7%), from €10,445 to €17,198
- Gross operating margin +€34,643
up €34,643 (+37.0%), from €93,738 to €128,381
- Taxes +€5,882
up €5,882 (+17.8%), from €33,126 to €39,008
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 | €273,552 | €237,326 | -€36,226 | -13.2% |
| Fixed assets | 21/28 | €122,422 | €114,456 | -€7,966 | -6.5% |
| Tangible fixed assets | 22/27 | €122,422 | €114,456 | -€7,966 | -6.5% |
| Land and buildings | 22 | €118,085 | €110,708 | -€7,377 | -6.2% |
| Furniture and vehicles | 24 | €4,337 | €3,748 | -€589 | -13.6% |
| Current assets | 29/58 | €151,130 | €122,870 | -€28,260 | -18.7% |
| Amounts receivable within one year | 40/41 | €67,460 | €36,405 | -€31,055 | -46.0% |
| Trade receivables | 40 | €51,566 | €36,405 | -€15,161 | -29.4% |
| Other amounts receivable | 41 | €15,894 | - | -€15,894 | |
| Cash at bank and in hand | 54/58 | €82,730 | €85,822 | +€3,092 | +3.7% |
| Deferred charges and accrued income | 490/1 | €940 | €643 | -€297 | -31.6% |
| Total equity and liabilities | 10/49 | €273,552 | €237,326 | -€36,226 | -13.2% |
| Equity | 10/15 | €125,703 | €204,550 | +€78,847 | +62.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,038 | €172,038 | +€78,000 | +82.9% |
| Distributable reserves | 133 | €94,038 | €172,038 | +€78,000 | +82.9% |
| Profit (loss) carried forward | 14 | €25,465 | €26,312 | +€847 | +3.3% |
| Amounts payable | 17/49 | €147,849 | €32,776 | -€115,073 | -77.8% |
| Amounts payable after more than one year | 17 | - | €12,866 | +€12,866 | |
| Other amounts payable | 178/9 | - | €12,866 | +€12,866 | |
| Amounts payable within one year | 42/48 | €147,730 | €19,885 | -€127,845 | -86.5% |
| Trade debts | 44 | €32,285 | €1,854 | -€30,431 | -94.3% |
| Suppliers | 440/4 | €32,285 | €1,854 | -€30,431 | -94.3% |
| Taxes, remuneration and social security | 45 | €10,445 | €17,198 | +€6,753 | +64.7% |
| Taxes | 450/3 | €10,445 | €17,198 | +€6,753 | +64.7% |
| Other amounts payable | 47/48 | €105,000 | €833 | -€104,167 | -99.2% |
| Accrued charges and deferred income | 492/3 | €119 | €25 | -€94 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,258 | €8,843 | +€585 | +7.1% |
| Other operating charges | 640/8 | €1,843 | €1,100 | -€743 | -40.3% |
| Non-recurring operating charges | 66A | €846 | - | -€846 | |
| Gross operating margin | 9900 | €93,738 | €128,381 | +€34,643 | +37.0% |
| Operating profit (loss) | 9901 | €82,791 | €118,438 | +€35,647 | +43.1% |
| Financial income | 75/76B | €1,053 | €409 | -€644 | -61.2% |
| Recurring financial income | 75 | €1,053 | €409 | -€644 | -61.2% |
| Financial charges | 65/66B | €173 | €158 | -€15 | -8.7% |
| Recurring financial charges | 65 | €173 | €158 | -€15 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €83,671 | €118,689 | +€35,018 | +41.9% |
| Income taxes | 67/77 | €33,126 | €39,008 | +€5,882 | +17.8% |
| Profit (loss) for the period | 9904 | €50,545 | €79,681 | +€29,136 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,545 | €79,681 | +€29,136 | +57.6% |
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 30 October 2026 via checked.be.