CEMIL AGA: 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 AGA
Largest movements
- Receivables within one year +€66,158
up €66,158 (+111%), from €59,552 to €125,710
of which Trade receivables: +€66,469
- Tangible fixed assets -€49,573
down €49,573 (-74.5%), from €66,573 to €17,001
of which Furniture and vehicles: -€49,266
- Cash +€44,796
up €44,796 (+76.0%), from €58,974 to €103,770
mainly Net result for the year (+€68,333) and Investment in fixed assets (net) (+€31,804)
- Deferred charges and accrued income -€2,621
down €2,621 (-92.1%), from €2,847 to €226
- Profit (loss) carried forward +€68,333
up €68,333 (+60.4%), from €113,060 to €181,393
- Debts after one year -€14,957
no longer reported in 2025 (was €14,957)
- Trade debts -€13,701
down €13,701 (-77.6%), from €17,651 to €3,950
- Current portion of long-term debt +€10,709
new in 2025: €10,709
- Tax, wage and social debts +€8,376
up €8,376 (+38.1%), from €21,968 to €30,345
of which Taxes: +€10,643
- Gross operating margin +€37,506
up €37,506 (+20.4%), from €183,877 to €221,382
- Staff costs -€11,545
down €11,545 (-27.5%), from €41,929 to €30,383
- Taxes +€10,827
up €10,827 (+78.1%), from €13,866 to €24,693
- Depreciation -€8,763
down €8,763 (-33.0%), from €26,532 to €17,769
- Financial charges +€5,151
up €5,151 (+20.8%), from €24,741 to €29,891
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 | €188,096 | €246,857 | +€58,761 | +31.2% |
| Fixed assets | 21/28 | €66,723 | €17,151 | -€49,573 | -74.3% |
| Tangible fixed assets | 22/27 | €66,573 | €17,001 | -€49,573 | -74.5% |
| Furniture and vehicles | 24 | €65,345 | €16,080 | -€49,266 | -75.4% |
| Other tangible fixed assets | 26 | €1,228 | €921 | -€307 | -25.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €121,372 | €229,706 | +€108,334 | +89.3% |
| Amounts receivable within one year | 40/41 | €59,552 | €125,710 | +€66,158 | +111% |
| Trade receivables | 40 | €41,480 | €107,949 | +€66,469 | +160% |
| Other amounts receivable | 41 | €18,072 | €17,761 | -€311 | -1.7% |
| Cash at bank and in hand | 54/58 | €58,974 | €103,770 | +€44,796 | +76.0% |
| Deferred charges and accrued income | 490/1 | €2,847 | €226 | -€2,621 | -92.1% |
| Total equity and liabilities | 10/49 | €188,096 | €246,857 | +€58,761 | +31.2% |
| Equity | 10/15 | €133,520 | €201,853 | +€68,333 | +51.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,060 | €181,393 | +€68,333 | +60.4% |
| Amounts payable | 17/49 | €54,576 | €45,004 | -€9,572 | -17.5% |
| Amounts payable after more than one year | 17 | €14,957 | - | -€14,957 | |
| Financial debts | 170/4 | €14,957 | - | -€14,957 | |
| Amounts payable within one year | 42/48 | €39,619 | €45,004 | +€5,385 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,709 | +€10,709 | |
| Trade debts | 44 | €17,651 | €3,950 | -€13,701 | -77.6% |
| Suppliers | 440/4 | €17,651 | €3,950 | -€13,701 | -77.6% |
| Taxes, remuneration and social security | 45 | €21,968 | €30,345 | +€8,376 | +38.1% |
| Taxes | 450/3 | €19,112 | €29,755 | +€10,643 | +55.7% |
| Remuneration and social security | 454/9 | €2,856 | €590 | -€2,266 | -79.3% |
| Remuneration, social security and pensions | 62 | €41,929 | €30,383 | -€11,545 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,532 | €17,769 | -€8,763 | -33.0% |
| Other operating charges | 640/8 | €26,095 | €21,646 | -€4,449 | -17.0% |
| Non-recurring operating charges | 66A | - | €28,932 | +€28,932 | |
| Gross operating margin | 9900 | €183,877 | €221,382 | +€37,506 | +20.4% |
| Operating profit (loss) | 9901 | €89,321 | €122,653 | +€33,331 | +37.3% |
| Financial income | 75/76B | - | €265 | +€265 | |
| Recurring financial income | 75 | - | €265 | +€265 | |
| Financial charges | 65/66B | €24,741 | €29,891 | +€5,151 | +20.8% |
| Recurring financial charges | 65 | €24,741 | €29,891 | +€5,151 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €64,581 | €93,026 | +€28,445 | +44.0% |
| Income taxes | 67/77 | €13,866 | €24,693 | +€10,827 | +78.1% |
| Profit (loss) for the period | 9904 | €50,715 | €68,333 | +€17,618 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,715 | €68,333 | +€17,618 | +34.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.