CELPROM: 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.
CELPROM
Largest movements
- Receivables within one year +€33,494
up €33,494 (+33.7%), from €99,534 to €133,028
- Debts after one year +€98,335
up €98,335 (+84.4%), from €116,558 to €214,894
- Other debts -€39,954
down €39,954 (-38.5%), from €103,895 to €63,941
- Short-term financial debts -€28,214
no longer reported in 2025 (was €28,214)
- Current portion of long-term debt -€13,904
down €13,904 (-50.4%), from €27,595 to €13,691
- Profit (loss) carried forward +€13,364
up €13,364 (+9.0%), from €147,887 to €161,251
- Gross operating margin -€23,173
down €23,173 (-18.1%), from €128,056 to €104,883
- Taxes -€10,484
down €10,484 (-71.1%), from €14,749 to €4,265
- Other operating charges +€4,770
up €4,770 (+53.3%), from €8,953 to €13,723
- Depreciation -€2,298
down €2,298 (-28.0%), from €8,203 to €5,905
- Financial charges +€1,623
up €1,623 (+17.8%), from €9,095 to €10,718
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 | €633,818 | €664,255 | +€30,436 | +4.8% |
| Fixed assets | 21/28 | €509,980 | €504,074 | -€5,905 | -1.2% |
| Tangible fixed assets | 22/27 | €507,922 | €502,017 | -€5,905 | -1.2% |
| Land and buildings | 22 | €495,877 | €495,877 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,224 | €1,012 | -€212 | -17.3% |
| Furniture and vehicles | 24 | €566 | - | -€566 | |
| Other tangible fixed assets | 26 | €10,256 | €5,128 | -€5,128 | -50.0% |
| Financial fixed assets | 28 | €2,058 | €2,058 | = | 0.0% |
| Current assets | 29/58 | €123,839 | €160,180 | +€36,342 | +29.3% |
| Amounts receivable within one year | 40/41 | €99,534 | €133,028 | +€33,494 | +33.7% |
| Trade receivables | 40 | €99,534 | €133,028 | +€33,494 | +33.7% |
| Cash at bank and in hand | 54/58 | €24,304 | €27,152 | +€2,848 | +11.7% |
| Total equity and liabilities | 10/49 | €633,818 | €664,255 | +€30,436 | +4.8% |
| Equity | 10/15 | €306,369 | €318,528 | +€12,160 | +4.0% |
| Contributions | 10/11 | €123,542 | €123,542 | = | 0.0% |
| Reserves | 13 | €30,362 | €30,362 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,362 | €30,362 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,915 | €1,915 | = | 0.0% |
| Own shares acquired | 1312 | €28,446 | €28,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,887 | €161,251 | +€13,364 | +9.0% |
| Investment grants | 15 | €4,578 | €3,374 | -€1,204 | -26.3% |
| Provisions and deferred taxes | 16 | €2,704 | €2,319 | -€384 | -14.2% |
| Deferred taxes | 168 | €2,704 | €2,319 | -€384 | -14.2% |
| Amounts payable | 17/49 | €324,746 | €343,407 | +€18,661 | +5.7% |
| Amounts payable after more than one year | 17 | €116,558 | €214,894 | +€98,335 | +84.4% |
| Financial debts | 170/4 | €116,558 | €214,894 | +€98,335 | +84.4% |
| Amounts payable within one year | 42/48 | €208,188 | €128,513 | -€79,674 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €27,595 | €13,691 | -€13,904 | -50.4% |
| Financial debts | 43 | €28,214 | - | -€28,214 | |
| Credit institutions | 430/8 | €28,214 | - | -€28,214 | |
| Trade debts | 44 | €15,682 | €26,746 | +€11,064 | +70.5% |
| Suppliers | 440/4 | €15,682 | €26,746 | +€11,064 | +70.5% |
| Taxes, remuneration and social security | 45 | €32,801 | €24,135 | -€8,665 | -26.4% |
| Taxes | 450/3 | €24,703 | €18,415 | -€6,288 | -25.5% |
| Remuneration and social security | 454/9 | €8,098 | €5,720 | -€2,378 | -29.4% |
| Other amounts payable | 47/48 | €103,895 | €63,941 | -€39,954 | -38.5% |
| Remuneration, social security and pensions | 62 | €58,861 | €58,496 | -€365 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,203 | €5,905 | -€2,298 | -28.0% |
| Other operating charges | 640/8 | €8,953 | €13,723 | +€4,770 | +53.3% |
| Gross operating margin | 9900 | €128,056 | €104,883 | -€23,173 | -18.1% |
| Operating profit (loss) | 9901 | €52,039 | €26,758 | -€25,281 | -48.6% |
| Financial income | 75/76B | €1,615 | €1,204 | -€411 | -25.4% |
| Recurring financial income | 75 | €1,615 | €1,204 | -€411 | -25.4% |
| Financial charges | 65/66B | €9,095 | €10,718 | +€1,623 | +17.8% |
| Recurring financial charges | 65 | €9,095 | €10,718 | +€1,623 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €44,559 | €17,245 | -€27,314 | -61.3% |
| Transfer from deferred taxes | 780 | €676 | €384 | -€292 | -43.2% |
| Income taxes | 67/77 | €14,749 | €4,265 | -€10,484 | -71.1% |
| Profit (loss) for the period | 9904 | €30,485 | €13,364 | -€17,122 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,485 | €13,364 | -€17,122 | -56.2% |
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 1 October 2026 via checked.be.