CELTIX: 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.
CELTIX
Largest movements
- Tangible fixed assets -€23,232
down €23,232 (-5.7%), from €410,074 to €386,842
- Receivables within one year -€6,251
down €6,251 (-20.3%), from €30,763 to €24,512
of which Trade receivables: -€6,249
- Cash -€5,464
down €5,464 (-36.0%), from €15,172 to €9,708
mainly Debts after one year (-€45,686) and Net result for the year (-€13,950)
- Debts after one year -€45,686
down €45,686 (-12.7%), from €359,878 to €314,192
of which Financial debts: -€35,705
- Profit (loss) carried forward -€13,950
down €13,950 (-33.2%), from €42,074 to €28,124
- Accrued charges and deferred income +€13,692
new in 2024: €13,692
- Current portion of long-term debt +€10,136
up €10,136 (+37.9%), from €26,752 to €36,888
- Other debts +€8,162
up €8,162 (+1759.1%), from €464 to €8,626
- Gross operating margin -€30,031
down €30,031 (-49.7%), from €60,364 to €30,333
- Taxes -€5,257
down €5,257 (-93.5%), from €5,622 to €365
- Other operating charges +€3,723
up €3,723 (+109.4%), from €3,404 to €7,127
- Depreciation +€1,125
up €1,125 (+4.5%), from €24,965 to €26,090
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €458,186 | €423,367 | -€34,819 | -7.6% |
| Fixed assets | 21/28 | €411,524 | €388,792 | -€22,732 | -5.5% |
| Tangible fixed assets | 22/27 | €410,074 | €386,842 | -€23,232 | -5.7% |
| Land and buildings | 22 | €352,889 | €341,886 | -€11,003 | -3.1% |
| Plant, machinery and equipment | 23 | €50,201 | €40,329 | -€9,872 | -19.7% |
| Furniture and vehicles | 24 | €4,965 | €3,805 | -€1,160 | -23.4% |
| Other tangible fixed assets | 26 | €2,019 | €822 | -€1,197 | -59.3% |
| Financial fixed assets | 28 | €1,450 | €1,950 | +€500 | +34.5% |
| Current assets | 29/58 | €46,662 | €34,575 | -€12,087 | -25.9% |
| Stocks and contracts in progress | 3 | €727 | €355 | -€372 | -51.2% |
| Stocks | 30/36 | €727 | €355 | -€372 | -51.2% |
| Amounts receivable within one year | 40/41 | €30,763 | €24,512 | -€6,251 | -20.3% |
| Trade receivables | 40 | €30,761 | €24,512 | -€6,249 | -20.3% |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €15,172 | €9,708 | -€5,464 | -36.0% |
| Total equity and liabilities | 10/49 | €458,186 | €423,367 | -€34,819 | -7.6% |
| Equity | 10/15 | €60,674 | €46,724 | -€13,950 | -23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,074 | €28,124 | -€13,950 | -33.2% |
| Amounts payable | 17/49 | €397,512 | €376,643 | -€20,869 | -5.2% |
| Amounts payable after more than one year | 17 | €359,878 | €314,192 | -€45,686 | -12.7% |
| Financial debts | 170/4 | €347,133 | €311,428 | -€35,705 | -10.3% |
| Other amounts payable | 178/9 | €12,745 | €2,764 | -€9,981 | -78.3% |
| Amounts payable within one year | 42/48 | €37,634 | €48,759 | +€11,125 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €26,752 | €36,888 | +€10,136 | +37.9% |
| Taxes, remuneration and social security | 45 | €10,418 | €3,245 | -€7,173 | -68.9% |
| Taxes | 450/3 | €10,418 | €3,245 | -€7,173 | -68.9% |
| Other amounts payable | 47/48 | €464 | €8,626 | +€8,162 | +1759.1% |
| Accrued charges and deferred income | 492/3 | - | €13,692 | +€13,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,965 | €26,090 | +€1,125 | +4.5% |
| Other operating charges | 640/8 | €3,404 | €7,127 | +€3,723 | +109.4% |
| Gross operating margin | 9900 | €60,364 | €30,333 | -€30,031 | -49.7% |
| Operating profit (loss) | 9901 | €31,995 | -€2,884 | -€34,879 | |
| Financial income | 75/76B | - | €154 | +€154 | |
| Recurring financial income | 75 | - | €154 | +€154 | |
| Financial charges | 65/66B | €10,878 | €10,855 | -€23 | -0.2% |
| Recurring financial charges | 65 | €10,878 | €10,855 | -€23 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €21,117 | -€13,585 | -€34,702 | |
| Income taxes | 67/77 | €5,622 | €365 | -€5,257 | -93.5% |
| Profit (loss) for the period | 9904 | €15,495 | -€13,950 | -€29,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,495 | -€13,950 | -€29,445 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.