Cepheid Benelux: 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.
What changed
Cepheid Benelux
NACE 26.300, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €1.7m+€37,664
Equity
€1.2m
2024 · €2.4m-€1.3m
Cash
€6.8m
2024 · €4.2m+€2.6m
Balance sheet total
€10.7m
2024 · €12.1m-€1.4m
Largest movements
Assets
- Receivables within one year -€3.9m
down €3.9m (-53.3%), from €7.4m to €3.4m
of which Trade receivables: -€2.4m
- Cash +€2.6m
up €2.6m (+62.9%), from €4.2m to €6.8m
mainly Receivables within one year (+€3.9m) and Other debts (+€3.0m)
Equity and liabilities
- Trade debts -€3.0m
down €3.0m (-40.6%), from €7.5m to €4.4m
- Other debts +€3.0m
up €3.0m, from €0 to €3.0m
- Profit (loss) carried forward -€1.3m
down €1.3m (-52.1%), from €2.4m to €1.1m
Income statement
- Turnover -€2.4m
down €2.4m (-7.7%), from €31.5m to €29.0m
- Goods and materials -€1.3m
down €1.3m (-5.3%), from €23.9m to €22.7m
of which Purchases: -€1.3m
- Financial charges -€493,336
down €493,336 (-76.7%), from €642,918 to €149,582
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.
Result 2024
€1.7m
Turnover
-€2.4m
Other operating income
+€74,015
Goods and materials
+€1.3m
Services and other goods
+€247,986
Staff costs
+€120,559
Depreciation
-€32,346
Provisions
+€5,145
Other operating charges
+€33,912
Other operating items
-€3,367
Financial income
+€218,262
Financial charges
+€493,336
Taxes
+€13,898
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.7m
Investment
-€68,388
Financing
-€3.0m
Cash 2024
€4.2m
From operations (derived)
+€5.7m
Net result for the year
+€1.7m
Depreciation
+€115,670
Stocks and contracts
+€51,886
Receivables within one year
+€3.9m
Provisions
-€5,385
Trade debts
-€3.0m
Tax, wage and social debts
-€75,788
Other debts
+€3.0m
Accrued charges and deferred income
-€40,495
Investment (derived)
-€68,388
Investment in fixed assets (net)
-€68,388
Financing
-€3.0m
Contributions, distributions and other
-€3.0m
Cash 2025
€6.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,072,973 | €10,669,975 | -€1.4m | -11.6% |
| Fixed assets | 21/28 | €419,296 | €372,015 | -€47,282 | -11.3% |
| Tangible fixed assets | 22/27 | €338,172 | €290,890 | -€47,282 | -14.0% |
| Plant, machinery and equipment | 23 | €338,172 | €290,890 | -€47,282 | -14.0% |
| Financial fixed assets | 28 | €81,125 | €81,125 | = | 0.0% |
| Other financial fixed assets | 284/8 | €81,125 | €81,125 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €81,125 | €81,125 | = | 0.0% |
| Current assets | 29/58 | €11,653,677 | €10,297,961 | -€1.4m | -11.6% |
| Stocks and contracts in progress | 3 | €115,602 | €63,717 | -€51,886 | -44.9% |
| Stocks | 30/36 | €115,602 | €63,717 | -€51,886 | -44.9% |
| Goods purchased for resale | 34 | €115,602 | €63,717 | -€51,886 | -44.9% |
| Amounts receivable within one year | 40/41 | €7,369,355 | €3,442,779 | -€3.9m | -53.3% |
| Trade receivables | 40 | €5,860,756 | €3,435,313 | -€2.4m | -41.4% |
| Other amounts receivable | 41 | €1,508,599 | €7,466 | -€1.5m | -99.5% |
| Cash at bank and in hand | 54/58 | €4,168,719 | €6,791,465 | +€2.6m | +62.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €12,072,973 | €10,669,975 | -€1.4m | -11.6% |
| Equity | 10/15 | €2,420,733 | €1,170,334 | -€1.3m | -51.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,398,733 | €1,148,334 | -€1.3m | -52.1% |
| Provisions and deferred taxes | 16 | €13,524 | €8,139 | -€5,385 | -39.8% |
| Provisions for liabilities and charges | 160/5 | €13,524 | €8,139 | -€5,385 | -39.8% |
| Other liabilities and charges | 164/5 | €13,524 | €8,139 | -€5,385 | -39.8% |
| Amounts payable | 17/49 | €9,638,716 | €9,491,502 | -€147,213 | -1.5% |
| Amounts payable within one year | 42/48 | €8,753,264 | €8,646,545 | -€106,719 | -1.2% |
| Trade debts | 44 | €7,466,665 | €4,435,734 | -€3.0m | -40.6% |
| Suppliers | 440/4 | €7,466,665 | €4,435,734 | -€3.0m | -40.6% |
| Taxes, remuneration and social security | 45 | €1,286,599 | €1,210,811 | -€75,788 | -5.9% |
| Taxes | 450/3 | €952,536 | €969,668 | +€17,132 | +1.8% |
| Remuneration and social security | 454/9 | €334,063 | €241,143 | -€92,920 | -27.8% |
| Other amounts payable | 47/48 | €0 | €3,000,000 | +€3.0m | |
| Accrued charges and deferred income | 492/3 | €885,452 | €844,957 | -€40,495 | -4.6% |
| Operating income | 70/76A | €31,509,646 | €29,177,089 | -€2.3m | -7.4% |
| Turnover | 70 | €31,453,804 | €29,047,231 | -€2.4m | -7.7% |
| Other operating income | 74 | €55,843 | €129,858 | +€74,015 | +133% |
| Operating charges | 60/66A | €29,063,325 | €27,418,599 | -€1.6m | -5.7% |
| Goods for resale, raw materials and consumables | 60 | €23,945,903 | €22,673,065 | -€1.3m | -5.3% |
| Purchases | 600/8 | €23,895,965 | €22,621,180 | -€1.3m | -5.3% |
| Change in stocks: decrease (increase) | 609 | €49,938 | €51,886 | +€1,948 | +3.9% |
| Services and other goods | 61 | €3,250,248 | €3,002,261 | -€247,986 | -7.6% |
| Remuneration, social security and pensions | 62 | €1,731,384 | €1,610,825 | -€120,559 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,324 | €115,670 | +€32,346 | +38.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,606 | -€8,752 | -€5,145 | -143% |
| Other operating charges | 640/8 | €56,074 | €22,162 | -€33,912 | -60.5% |
| Non-recurring operating charges | 66A | - | €3,367 | +€3,367 | |
| Operating profit (loss) | 9901 | €2,446,321 | €1,758,489 | -€687,832 | -28.1% |
| Financial income | 75/76B | €532,036 | €750,298 | +€218,262 | +41.0% |
| Recurring financial income | 75 | €532,036 | €750,298 | +€218,262 | +41.0% |
| Income from current assets | 751 | €307,178 | €132,290 | -€174,888 | -56.9% |
| Other financial income | 752/9 | €224,858 | €618,008 | +€393,149 | +175% |
| Financial charges | 65/66B | €642,918 | €149,582 | -€493,336 | -76.7% |
| Recurring financial charges | 65 | €642,918 | €149,582 | -€493,336 | -76.7% |
| Debt charges | 650 | €16,212 | €15,435 | -€776 | -4.8% |
| Other financial charges | 652/9 | €626,707 | €134,147 | -€492,560 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €2,335,439 | €2,359,205 | +€23,766 | +1.0% |
| Income taxes | 67/77 | €623,503 | €609,605 | -€13,898 | -2.2% |
| Taxes | 670/3 | €623,503 | €611,106 | -€12,397 | -2.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,501 | +€1,501 | |
| Profit (loss) for the period | 9904 | €1,711,936 | €1,749,600 | +€37,664 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,711,936 | €1,749,600 | +€37,664 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.