CELOVIRA: 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.
CELOVIRA
Largest movements
- Receivables within one year -€61,334
down €61,334 (-45.5%), from €134,734 to €73,400
of which Trade receivables: -€58,096
- Cash +€14,464
up €14,464 (+103%), from €14,084 to €28,548
mainly Receivables within one year (+€61,334) and Tax, wage and social debts (+€10,819)
- Deferred charges and accrued income -€6,026
down €6,026 (-25.1%), from €24,026 to €18,000
- Tangible fixed assets -€2,577
no longer reported in 2025 (was €2,577)
of which Plant, machinery and equipment: -€1,500
- Trade debts -€54,307
down €54,307 (-63.1%), from €86,011 to €31,704
- Tax, wage and social debts +€10,819
up €10,819 (+74.7%), from €14,477 to €25,296
of which Remuneration and social security: +€19,500
- Contributions -€6,200
no longer reported in 2025 (was €6,200)
- Profit (loss) carried forward -€4,381
down €4,381 (-6.5%), from €67,329 to €62,948
- Gross operating margin +€30,378
up €30,378 (+212%), from €14,333 to €44,711
- Other operating charges +€28,401
up €28,401 (+15,519%), from €183 to €28,584
- Financial charges +€13,213
up €13,213 (+11,442%), from €115 to €13,329
- Taxes +€3,415
up €3,415 (+90.7%), from €3,765 to €7,179
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 | €175,421 | €119,948 | -€55,473 | -31.6% |
| Fixed assets | 21/28 | €2,577 | - | -€2,577 | |
| Tangible fixed assets | 22/27 | €2,577 | - | -€2,577 | |
| Plant, machinery and equipment | 23 | €1,500 | - | -€1,500 | |
| Furniture and vehicles | 24 | €1,077 | - | -€1,077 | |
| Current assets | 29/58 | €172,844 | €119,948 | -€52,896 | -30.6% |
| Amounts receivable within one year | 40/41 | €134,734 | €73,400 | -€61,334 | -45.5% |
| Trade receivables | 40 | €111,506 | €53,410 | -€58,096 | -52.1% |
| Other amounts receivable | 41 | €23,228 | €19,990 | -€3,238 | -13.9% |
| Cash at bank and in hand | 54/58 | €14,084 | €28,548 | +€14,464 | +103% |
| Deferred charges and accrued income | 490/1 | €24,026 | €18,000 | -€6,026 | -25.1% |
| Total equity and liabilities | 10/49 | €175,421 | €119,948 | -€55,473 | -31.6% |
| Equity | 10/15 | €74,933 | €62,948 | -€11,984 | -16.0% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,404 | - | -€1,404 | |
| Non-distributable reserves | 130/1 | €1,404 | - | -€1,404 | |
| Other | 1319 | €1,404 | - | -€1,404 | |
| Profit (loss) carried forward | 14 | €67,329 | €62,948 | -€4,381 | -6.5% |
| Amounts payable | 17/49 | €100,488 | €56,999 | -€43,489 | -43.3% |
| Amounts payable within one year | 42/48 | €100,488 | €56,999 | -€43,489 | -43.3% |
| Trade debts | 44 | €86,011 | €31,704 | -€54,307 | -63.1% |
| Suppliers | 440/4 | €86,011 | €31,704 | -€54,307 | -63.1% |
| Taxes, remuneration and social security | 45 | €14,477 | €25,296 | +€10,819 | +74.7% |
| Taxes | 450/3 | €14,477 | €5,796 | -€8,681 | -60.0% |
| Remuneration and social security | 454/9 | - | €19,500 | +€19,500 | |
| Non-recurring operating income | 76A | €1,163 | - | -€1,163 | |
| Other operating charges | 640/8 | €183 | €28,584 | +€28,401 | +15,519% |
| Gross operating margin | 9900 | €14,333 | €44,711 | +€30,378 | +212% |
| Operating profit (loss) | 9901 | €14,150 | €16,128 | +€1,978 | +14.0% |
| Financial charges | 65/66B | €115 | €13,329 | +€13,213 | +11,442% |
| Recurring financial charges | 65 | €115 | €13,329 | +€13,213 | +11,442% |
| Profit (loss) for the period before taxes | 9903 | €14,035 | €2,799 | -€11,236 | -80.1% |
| Income taxes | 67/77 | €3,765 | €7,179 | +€3,415 | +90.7% |
| Profit (loss) for the period | 9904 | €10,270 | -€4,381 | -€14,651 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,270 | -€4,381 | -€14,651 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.