CELTIMO: 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.
CELTIMO
Largest movements
- Cash -€133,033
down €133,033 (-20.7%), from €642,143 to €509,111
mainly Receivables within one year (-€130,409) and Net result for the year (-€2,590)
- Receivables within one year +€130,409
up €130,409 (+9449.9%), from €1,380 to €131,789
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€4,191
down €4,191 (-91.1%), from €4,600 to €409
- Gross operating margin +€1,913
up €1,913 (+49.7%), from -€3,851 to -€1,939
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 | €6,718,553 | €6,715,929 | -€2,624 | 0.0% |
| Fixed assets | 21/28 | €6,075,030 | €6,075,030 | = | 0.0% |
| Financial fixed assets | 28 | €6,075,030 | €6,075,030 | = | 0.0% |
| Current assets | 29/58 | €643,523 | €640,899 | -€2,624 | -0.4% |
| Amounts receivable within one year | 40/41 | €1,380 | €131,789 | +€130,409 | +9449.9% |
| Other amounts receivable | 41 | €1,380 | €131,789 | +€130,409 | +9449.9% |
| Cash at bank and in hand | 54/58 | €642,143 | €509,111 | -€133,033 | -20.7% |
| Total equity and liabilities | 10/49 | €6,718,553 | €6,715,929 | -€2,624 | 0.0% |
| Equity | 10/15 | €3,304,440 | €3,301,849 | -€2,590 | -0.1% |
| Contributions | 10/11 | €243,800 | €243,800 | = | 0.0% |
| Reserves | 13 | €3,060,640 | €3,058,049 | -€2,590 | -0.1% |
| Distributable reserves | 133 | €3,060,640 | €3,058,049 | -€2,590 | -0.1% |
| Amounts payable | 17/49 | €3,414,114 | €3,414,080 | -€34 | 0.0% |
| Amounts payable after more than one year | 17 | €3,414,080 | €3,414,080 | = | 0.0% |
| Financial debts | 170/4 | €3,414,080 | €3,414,080 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34 | - | -€34 | |
| Trade debts | 44 | €34 | - | -€34 | |
| Suppliers | 440/4 | €34 | - | -€34 | |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | -€3,851 | -€1,939 | +€1,913 | +49.7% |
| Operating profit (loss) | 9901 | -€4,881 | -€2,999 | +€1,882 | +38.6% |
| Financial income | 75/76B | €4,600 | €409 | -€4,191 | -91.1% |
| Recurring financial income | 75 | €4,600 | €409 | -€4,191 | -91.1% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€281 | -€2,590 | -€2,309 | -822.4% |
| Profit (loss) for the period | 9904 | -€281 | -€2,590 | -€2,309 | -822.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€281 | -€2,590 | -€2,309 | -822.4% |
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 28 September 2026 via checked.be.