CELTO: 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.
CELTO
Largest movements
- Receivables within one year +€21,703
up €21,703 (+142.4%), from €15,239 to €36,942
- Other debts +€41,752
up €41,752 (+98.1%), from €42,547 to €84,299
- Debts after one year -€26,977
down €26,977 (-79.8%), from €33,822 to €6,845
- Profit (loss) carried forward -€23,400
down €23,400 (-43.2%), from €54,217 to €30,817
- Tax, wage and social debts +€22,704
up €22,704 (+35.5%), from €63,960 to €86,664
- Trade debts +€4,115
up €4,115 (+90.8%), from €4,530 to €8,645
- Taxes +€12,046
up €12,046 (+51.0%), from €23,642 to €35,688
- Financial charges +€6,294
up €6,294 (+258.2%), from €2,438 to €8,732
- Gross operating margin +€1,135
up €1,135 (+4.6%), from €24,564 to €25,698
- Other operating charges +€593
up €593 (+14.5%), from €4,085 to €4,678
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
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,239 | €256,942 | +€21,703 | +9.2% |
| Fixed assets | 21/28 | €220,000 | €220,000 | = | 0.0% |
| Financial fixed assets | 28 | €220,000 | €220,000 | = | 0.0% |
| Current assets | 29/58 | €15,239 | €36,942 | +€21,703 | +142.4% |
| Amounts receivable within one year | 40/41 | €15,239 | €36,942 | +€21,703 | +142.4% |
| Trade receivables | 40 | €15,239 | €36,942 | +€21,703 | +142.4% |
| Total equity and liabilities | 10/49 | €235,239 | €256,942 | +€21,703 | +9.2% |
| Equity | 10/15 | €62,277 | €38,877 | -€23,400 | -37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,217 | €30,817 | -€23,400 | -43.2% |
| Amounts payable | 17/49 | €172,963 | €218,065 | +€45,102 | +26.1% |
| Amounts payable after more than one year | 17 | €33,822 | €6,845 | -€26,977 | -79.8% |
| Financial debts | 170/4 | €33,822 | €6,845 | -€26,977 | -79.8% |
| Amounts payable within one year | 42/48 | €139,028 | €208,788 | +€69,760 | +50.2% |
| Current portion of amounts payable after more than one year | 42 | €26,340 | €26,977 | +€636 | +2.4% |
| Financial debts | 43 | €1,651 | €2,204 | +€553 | +33.5% |
| Credit institutions | 430/8 | €1,651 | €2,204 | +€553 | +33.5% |
| Trade debts | 44 | €4,530 | €8,645 | +€4,115 | +90.8% |
| Suppliers | 440/4 | €4,530 | €8,645 | +€4,115 | +90.8% |
| Taxes, remuneration and social security | 45 | €63,960 | €86,664 | +€22,704 | +35.5% |
| Taxes | 450/3 | €63,960 | €86,664 | +€22,704 | +35.5% |
| Other amounts payable | 47/48 | €42,547 | €84,299 | +€41,752 | +98.1% |
| Accrued charges and deferred income | 492/3 | €112 | €2,432 | +€2,319 | +2062.7% |
| Non-recurring operating income | 76A | - | €1,434 | +€1,434 | |
| Other operating charges | 640/8 | €4,085 | €4,678 | +€593 | +14.5% |
| Gross operating margin | 9900 | €24,564 | €25,698 | +€1,135 | +4.6% |
| Operating profit (loss) | 9901 | €20,479 | €21,020 | +€542 | +2.6% |
| Financial charges | 65/66B | €2,438 | €8,732 | +€6,294 | +258.2% |
| Recurring financial charges | 65 | €2,438 | €8,732 | +€6,294 | +258.2% |
| Profit (loss) for the period before taxes | 9903 | €18,041 | €12,288 | -€5,753 | -31.9% |
| Income taxes | 67/77 | €23,642 | €35,688 | +€12,046 | +51.0% |
| Profit (loss) for the period | 9904 | -€5,601 | -€23,400 | -€17,798 | -317.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,601 | -€23,400 | -€17,798 | -317.8% |
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.