CEOS ENGINEERING: 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.
CEOS ENGINEERING
Largest movements
- Deferred charges and accrued income +€19,977
up €19,977, from €0 to €19,977
- Receivables within one year -€7,895
down €7,895 (-25.3%), from €31,184 to €23,289
of which Other amounts receivable: -€10,000
- Tangible fixed assets -€5,073
down €5,073 (-24.5%), from €20,687 to €15,615
of which Furniture and vehicles: -€4,420
- Financial fixed assets +€5,000
new in 2025: €5,000
- Reserves +€11,980
up €11,980 (+41.9%), from €28,621 to €40,601
- Tax, wage and social debts +€11,120
up €11,120 (+367.2%), from €3,028 to €14,148
of which Taxes: +€7,599
- Other debts -€10,870
down €10,870 (-100.0%), from €10,870 to €0
- Trade debts -€1,191
down €1,191 (-43.0%), from €2,772 to €1,581
- Gross operating margin +€15,616
up €15,616 (+83.9%), from €18,607 to €34,223
- Other operating charges +€7,009
up €7,009 (+1313.0%), from €534 to €7,543
- Taxes +€4,825
up €4,825 (+134.9%), from €3,578 to €8,403
- Depreciation +€708
up €708 (+17.5%), from €4,047 to €4,755
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 | €57,691 | €68,731 | +€11,040 | +19.1% |
| Fixed assets | 21/28 | €20,687 | €20,615 | -€73 | -0.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €20,687 | €15,615 | -€5,073 | -24.5% |
| Plant, machinery and equipment | 23 | €1,502 | €849 | -€653 | -43.5% |
| Furniture and vehicles | 24 | €19,186 | €14,765 | -€4,420 | -23.0% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €37,004 | €48,116 | +€11,112 | +30.0% |
| Stocks and contracts in progress | 3 | €2,428 | €1,938 | -€490 | -20.2% |
| Stocks | 30/36 | €2,428 | €1,938 | -€490 | -20.2% |
| Amounts receivable within one year | 40/41 | €31,184 | €23,289 | -€7,895 | -25.3% |
| Trade receivables | 40 | €21,184 | €23,289 | +€2,105 | +9.9% |
| Other amounts receivable | 41 | €10,000 | €0 | -€10,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,392 | €2,912 | -€480 | -14.2% |
| Deferred charges and accrued income | 490/1 | €0 | €19,977 | +€19,977 | |
| Total equity and liabilities | 10/49 | €57,691 | €68,731 | +€11,040 | +19.1% |
| Equity | 10/15 | €41,021 | €53,001 | +€11,980 | +29.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,621 | €40,601 | +€11,980 | +41.9% |
| Distributable reserves | 133 | €28,621 | €40,601 | +€11,980 | +41.9% |
| Amounts payable | 17/49 | €16,670 | €15,729 | -€941 | -5.6% |
| Amounts payable within one year | 42/48 | €16,670 | €15,729 | -€941 | -5.6% |
| Trade debts | 44 | €2,772 | €1,581 | -€1,191 | -43.0% |
| Suppliers | 440/4 | €2,772 | €1,581 | -€1,191 | -43.0% |
| Taxes, remuneration and social security | 45 | €3,028 | €14,148 | +€11,120 | +367.2% |
| Taxes | 450/3 | €2,798 | €10,397 | +€7,599 | +271.6% |
| Remuneration and social security | 454/9 | €230 | €3,751 | +€3,521 | +1529.4% |
| Other amounts payable | 47/48 | €10,870 | €0 | -€10,870 | -100.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,047 | €4,755 | +€708 | +17.5% |
| Other operating charges | 640/8 | €534 | €7,543 | +€7,009 | +1313.0% |
| Non-recurring operating charges | 66A | €1,624 | - | -€1,624 | |
| Gross operating margin | 9900 | €18,607 | €34,223 | +€15,616 | +83.9% |
| Operating profit (loss) | 9901 | €12,402 | €21,924 | +€9,522 | +76.8% |
| Financial income | 75/76B | €313 | €186 | -€127 | -40.6% |
| Recurring financial income | 75 | €313 | €186 | -€127 | -40.6% |
| Financial charges | 65/66B | €1,420 | €1,727 | +€307 | +21.6% |
| Recurring financial charges | 65 | €1,420 | €1,727 | +€307 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €11,294 | €20,383 | +€9,089 | +80.5% |
| Income taxes | 67/77 | €3,578 | €8,403 | +€4,825 | +134.9% |
| Profit (loss) for the period | 9904 | €7,716 | €11,980 | +€4,264 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,716 | €11,980 | +€4,264 | +55.3% |
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 5 October 2026 via checked.be.