CEMIL 23: what changed
Two financial 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.
CEMIL 23
Largest movements
- Receivables within one year -€71,582
down €71,582 (-86.5%), from €82,708 to €11,126
of which Trade receivables: -€73,833
- Intangible fixed assets +€17,550
new in 2025: €17,550
- Tangible fixed assets +€14,328
up €14,328 (+136%), from €10,514 to €24,842
of which Plant, machinery and equipment: +€17,161
- Deferred charges and accrued income +€10,158
up €10,158 (+42,664%), from €24 to €10,182
- Stocks and contracts +€4,411
up €4,411 (+20.8%), from €21,226 to €25,637
- Profit (loss) carried forward -€32,068
down €32,068 (-97.1%), from €33,038 to €970
- Trade debts +€17,107
up €17,107 (+37.5%), from €45,583 to €62,690
- Tax, wage and social debts -€11,765
down €11,765 (-37.5%), from €31,334 to €19,568
of which Taxes: -€7,952
- Other debts -€1,703
down €1,703 (-4.0%), from €42,734 to €41,030
- Staff costs +€40,227
up €40,227 (+105%), from €38,388 to €78,615
- Gross operating margin -€9,730
down €9,730 (-14.3%), from €68,085 to €58,354
- Depreciation +€9,442
up €9,442 (+5,231%), from €181 to €9,622
- Taxes -€8,590
down €8,590, from €5,466 to -€3,124
- Other operating charges +€2,543
up €2,543 (+95.5%), from €2,664 to €5,207
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.
Derived cash bridge
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 | €152,689 | €124,260 | -€28,430 | -18.6% |
| Fixed assets | 21/28 | €10,514 | €42,392 | +€31,878 | +303% |
| Intangible fixed assets | 21 | - | €17,550 | +€17,550 | |
| Tangible fixed assets | 22/27 | €10,514 | €24,842 | +€14,328 | +136% |
| Plant, machinery and equipment | 23 | €2,045 | €19,206 | +€17,161 | +839% |
| Furniture and vehicles | 24 | €8,469 | €5,636 | -€2,833 | -33.5% |
| Current assets | 29/58 | €142,175 | €81,868 | -€60,307 | -42.4% |
| Stocks and contracts in progress | 3 | €21,226 | €25,637 | +€4,411 | +20.8% |
| Stocks | 30/36 | €21,226 | €25,637 | +€4,411 | +20.8% |
| Amounts receivable within one year | 40/41 | €82,708 | €11,126 | -€71,582 | -86.5% |
| Trade receivables | 40 | €77,708 | €3,875 | -€73,833 | -95.0% |
| Other amounts receivable | 41 | €5,000 | €7,252 | +€2,252 | +45.0% |
| Cash at bank and in hand | 54/58 | €38,217 | €34,922 | -€3,295 | -8.6% |
| Deferred charges and accrued income | 490/1 | €24 | €10,182 | +€10,158 | +42,664% |
| Total equity and liabilities | 10/49 | €152,689 | €124,260 | -€28,430 | -18.6% |
| Equity | 10/15 | €33,039 | €971 | -€32,068 | -97.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,038 | €970 | -€32,068 | -97.1% |
| Amounts payable | 17/49 | €119,651 | €123,289 | +€3,638 | +3.0% |
| Amounts payable within one year | 42/48 | €119,651 | €123,289 | +€3,638 | +3.0% |
| Trade debts | 44 | €45,583 | €62,690 | +€17,107 | +37.5% |
| Suppliers | 440/4 | €45,583 | €62,690 | +€17,107 | +37.5% |
| Taxes, remuneration and social security | 45 | €31,334 | €19,568 | -€11,765 | -37.5% |
| Taxes | 450/3 | €9,504 | €1,552 | -€7,952 | -83.7% |
| Remuneration and social security | 454/9 | €21,830 | €18,017 | -€3,813 | -17.5% |
| Other amounts payable | 47/48 | €42,734 | €41,030 | -€1,703 | -4.0% |
| Remuneration, social security and pensions | 62 | €38,388 | €78,615 | +€40,227 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181 | €9,622 | +€9,442 | +5,231% |
| Other operating charges | 640/8 | €2,664 | €5,207 | +€2,543 | +95.5% |
| Gross operating margin | 9900 | €68,085 | €58,354 | -€9,730 | -14.3% |
| Operating profit (loss) | 9901 | €26,852 | -€35,090 | -€61,942 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €58 | €118 | +€60 | +105% |
| Recurring financial charges | 65 | €58 | €118 | +€60 | +105% |
| Profit (loss) for the period before taxes | 9903 | €26,794 | -€35,191 | -€61,985 | |
| Income taxes | 67/77 | €5,466 | -€3,124 | -€8,590 | |
| Profit (loss) for the period | 9904 | €21,328 | -€32,068 | -€53,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,328 | -€32,068 | -€53,395 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.