CELON: 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.
CELON
Largest movements
- Receivables within one year -€33,879
down €33,879 (-22.3%), from €152,001 to €118,121
of which Other amounts receivable: -€18,007
- Tangible fixed assets -€10,853
down €10,853 (-34.3%), from €31,609 to €20,756
of which Furniture and vehicles: -€10,121
- Deferred charges and accrued income -€2,084
down €2,084 (-57.6%), from €3,619 to €1,535
- Profit (loss) carried forward -€20,467
down €20,467 (-29.1%), from €70,316 to €49,849
- Tax, wage and social debts -€18,320
down €18,320 (-63.8%), from €28,735 to €10,415
of which Taxes: -€18,320
- Trade debts -€11,889
down €11,889 (-84.8%), from €14,016 to €2,126
- Short-term financial debts +€3,865
up €3,865 (+24.0%), from €16,128 to €19,992
- Gross operating margin -€66,417
down €66,417, from €59,652 to -€6,765
- Taxes -€13,853
down €13,853, from €13,697 to -€156
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,254 | €140,438 | -€46,816 | -25.0% |
| Fixed assets | 21/28 | €31,634 | €20,781 | -€10,853 | -34.3% |
| Tangible fixed assets | 22/27 | €31,609 | €20,756 | -€10,853 | -34.3% |
| Furniture and vehicles | 24 | €26,657 | €16,536 | -€10,121 | -38.0% |
| Other tangible fixed assets | 26 | €4,952 | €4,220 | -€732 | -14.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €155,620 | €119,656 | -€35,963 | -23.1% |
| Amounts receivable within one year | 40/41 | €152,001 | €118,121 | -€33,879 | -22.3% |
| Trade receivables | 40 | €27,377 | €11,505 | -€15,872 | -58.0% |
| Other amounts receivable | 41 | €124,623 | €106,616 | -€18,007 | -14.4% |
| Deferred charges and accrued income | 490/1 | €3,619 | €1,535 | -€2,084 | -57.6% |
| Total equity and liabilities | 10/49 | €187,254 | €140,438 | -€46,816 | -25.0% |
| Equity | 10/15 | €128,371 | €107,904 | -€20,467 | -15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,855 | €51,855 | = | 0.0% |
| Distributable reserves | 133 | €51,855 | €51,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,316 | €49,849 | -€20,467 | -29.1% |
| Amounts payable | 17/49 | €58,883 | €32,534 | -€26,349 | -44.7% |
| Amounts payable within one year | 42/48 | €58,883 | €32,534 | -€26,349 | -44.7% |
| Financial debts | 43 | €16,128 | €19,992 | +€3,865 | +24.0% |
| Credit institutions | 430/8 | €16,128 | €19,992 | +€3,865 | +24.0% |
| Trade debts | 44 | €14,016 | €2,126 | -€11,889 | -84.8% |
| Suppliers | 440/4 | €14,016 | €2,126 | -€11,889 | -84.8% |
| Taxes, remuneration and social security | 45 | €28,735 | €10,415 | -€18,320 | -63.8% |
| Taxes | 450/3 | €26,939 | €8,619 | -€18,320 | -68.0% |
| Remuneration and social security | 454/9 | €1,796 | €1,796 | = | 0.0% |
| Other amounts payable | 47/48 | €5 | - | -€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,883 | €10,853 | -€29 | -0.3% |
| Other operating charges | 640/8 | €1,001 | €1,041 | +€40 | +4.0% |
| Gross operating margin | 9900 | €59,652 | -€6,765 | -€66,417 | |
| Operating profit (loss) | 9901 | €47,768 | -€18,658 | -€66,427 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,887 | €1,970 | +€82 | +4.4% |
| Recurring financial charges | 65 | €1,887 | €1,970 | +€82 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €45,881 | -€20,623 | -€66,504 | |
| Income taxes | 67/77 | €13,697 | -€156 | -€13,853 | |
| Profit (loss) for the period | 9904 | €32,184 | -€20,467 | -€52,651 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,184 | -€20,467 | -€52,651 |
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 2 October 2026 via checked.be.