CELUI: 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.
CELUI
Largest movements
- Tangible fixed assets -€5,595
down €5,595 (-24.5%), from €22,827 to €17,232
of which Other tangible fixed assets: -€5,941
- Cash +€1,326
up €1,326 (+42.2%), from €3,141 to €4,467
mainly Depreciation (+€10,955) and Trade debts (+€6,328)
- Receivables within one year +€687
up €687 (+12.1%), from €5,665 to €6,352
of which Trade receivables: +€1,907
- Debts after one year -€8,540
no longer reported in 2025 (was €8,540)
- Trade debts +€6,328
up €6,328 (+1499.1%), from €422 to €6,750
- Profit (loss) carried forward -€5,633
down €5,633 (-11.3%), from -€50,005 to -€55,638
- Short-term financial debts -€3,774
no longer reported in 2025 (was €3,774)
- Tax, wage and social debts +€3,204
up €3,204 (+73.7%), from €4,346 to €7,550
of which Taxes: +€2,713
- Staff costs +€9,270
up €9,270 (+13.9%), from €66,786 to €76,056
- Gross operating margin -€7,770
down €7,770 (-8.3%), from €94,107 to €86,337
- Depreciation -€6,569
down €6,569 (-37.5%), from €17,524 to €10,955
- Other operating charges +€1,292
up €1,292 (+67.7%), from €1,908 to €3,200
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 | €33,817 | €29,932 | -€3,885 | -11.5% |
| Fixed assets | 21/28 | €22,827 | €17,232 | -€5,595 | -24.5% |
| Tangible fixed assets | 22/27 | €22,827 | €17,232 | -€5,595 | -24.5% |
| Furniture and vehicles | 24 | €6,578 | €6,924 | +€346 | +5.3% |
| Other tangible fixed assets | 26 | €16,249 | €10,308 | -€5,941 | -36.6% |
| Current assets | 29/58 | €10,990 | €12,700 | +€1,711 | +15.6% |
| Stocks and contracts in progress | 3 | €2,184 | €1,882 | -€302 | -13.8% |
| Stocks | 30/36 | €2,184 | €1,882 | -€302 | -13.8% |
| Amounts receivable within one year | 40/41 | €5,665 | €6,352 | +€687 | +12.1% |
| Trade receivables | 40 | €4,444 | €6,352 | +€1,907 | +42.9% |
| Other amounts receivable | 41 | €1,221 | - | -€1,221 | |
| Cash at bank and in hand | 54/58 | €3,141 | €4,467 | +€1,326 | +42.2% |
| Total equity and liabilities | 10/49 | €33,817 | €29,932 | -€3,885 | -11.5% |
| Equity | 10/15 | -€43,805 | -€49,438 | -€5,633 | -12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,005 | -€55,638 | -€5,633 | -11.3% |
| Amounts payable | 17/49 | €77,622 | €79,371 | +€1,749 | +2.3% |
| Amounts payable after more than one year | 17 | €8,540 | - | -€8,540 | |
| Financial debts | 170/4 | €8,540 | - | -€8,540 | |
| Amounts payable within one year | 42/48 | €69,082 | €79,371 | +€10,289 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €12,808 | €15,466 | +€2,658 | +20.8% |
| Financial debts | 43 | €3,774 | - | -€3,774 | |
| Credit institutions | 430/8 | €3,774 | - | -€3,774 | |
| Trade debts | 44 | €422 | €6,750 | +€6,328 | +1499.1% |
| Suppliers | 440/4 | €422 | €6,750 | +€6,328 | +1499.1% |
| Taxes, remuneration and social security | 45 | €4,346 | €7,550 | +€3,204 | +73.7% |
| Taxes | 450/3 | €13 | €2,726 | +€2,713 | +20612.8% |
| Remuneration and social security | 454/9 | €4,332 | €4,824 | +€491 | +11.3% |
| Other amounts payable | 47/48 | €47,732 | €49,605 | +€1,873 | +3.9% |
| Remuneration, social security and pensions | 62 | €66,786 | €76,056 | +€9,270 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,524 | €10,955 | -€6,569 | -37.5% |
| Other operating charges | 640/8 | €1,908 | €3,200 | +€1,292 | +67.7% |
| Gross operating margin | 9900 | €94,107 | €86,337 | -€7,770 | -8.3% |
| Operating profit (loss) | 9901 | €7,890 | -€3,873 | -€11,763 | |
| Financial charges | 65/66B | €1,762 | €1,760 | -€2 | -0.1% |
| Recurring financial charges | 65 | €1,762 | €1,760 | -€2 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €6,128 | -€5,633 | -€11,761 | |
| Profit (loss) for the period | 9904 | €6,128 | -€5,633 | -€11,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,128 | -€5,633 | -€11,761 |
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.