CEPHICONSULT: 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.
CEPHICONSULT
Largest movements
- Tangible fixed assets -€9,365
down €9,365 (-38.8%), from €24,125 to €14,759
of which Furniture and vehicles: -€9,365
- Cash -€7,089
down €7,089 (-13.4%), from €52,797 to €45,708
mainly Trade debts (-€34,039)
- Receivables within one year -€3,652
down €3,652 (-63.4%), from €5,763 to €2,111
of which Other amounts receivable: -€2,934
- Trade debts -€34,039
down €34,039 (-93.8%), from €36,280 to €2,241
- Other debts +€6,875
new in 2025: €6,875
- Profit (loss) carried forward +€6,768
up €6,768 (+16.8%), from €40,406 to €47,174
- Gross operating margin -€39,802
down €39,802 (-63.2%), from €63,018 to €23,215
- Purchases and services +€20,664
up €20,664 (+79.3%), from €26,043 to €46,708
- Turnover -€19,138
down €19,138 (-21.5%), from €89,061 to €69,923
- Taxes -€9,000
down €9,000 (-60.0%), from €15,000 to €6,000
- Depreciation +€3,071
up €3,071 (+48.8%), from €6,295 to €9,365
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 | €82,686 | €62,579 | -€20,107 | -24.3% |
| Fixed assets | 21/28 | €24,125 | €14,759 | -€9,365 | -38.8% |
| Tangible fixed assets | 22/27 | €24,125 | €14,759 | -€9,365 | -38.8% |
| Land and buildings | 22 | €2,321 | - | -€2,321 | |
| Plant, machinery and equipment | 23 | - | €2,321 | +€2,321 | |
| Furniture and vehicles | 24 | €21,804 | €12,439 | -€9,365 | -43.0% |
| Current assets | 29/58 | €58,561 | €47,819 | -€10,742 | -18.3% |
| Amounts receivable within one year | 40/41 | €5,763 | €2,111 | -€3,652 | -63.4% |
| Trade receivables | 40 | €2,830 | €2,111 | -€719 | -25.4% |
| Other amounts receivable | 41 | €2,934 | - | -€2,934 | |
| Cash at bank and in hand | 54/58 | €52,797 | €45,708 | -€7,089 | -13.4% |
| Total equity and liabilities | 10/49 | €82,686 | €62,579 | -€20,107 | -24.3% |
| Equity | 10/15 | €46,406 | €53,174 | +€6,768 | +14.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,406 | €47,174 | +€6,768 | +16.8% |
| Amounts payable | 17/49 | €36,280 | €9,405 | -€26,875 | -74.1% |
| Amounts payable within one year | 42/48 | €36,280 | €9,405 | -€26,875 | -74.1% |
| Trade debts | 44 | €36,280 | €2,241 | -€34,039 | -93.8% |
| Suppliers | 440/4 | €36,280 | €2,241 | -€34,039 | -93.8% |
| Taxes, remuneration and social security | 45 | - | €289 | +€289 | |
| Taxes | 450/3 | - | €289 | +€289 | |
| Other amounts payable | 47/48 | - | €6,875 | +€6,875 | |
| Turnover | 70 | €89,061 | €69,923 | -€19,138 | -21.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €26,043 | €46,708 | +€20,664 | +79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,295 | €9,365 | +€3,071 | +48.8% |
| Other operating charges | 640/8 | €1,293 | €1,018 | -€275 | -21.3% |
| Gross operating margin | 9900 | €63,018 | €23,215 | -€39,802 | -63.2% |
| Operating profit (loss) | 9901 | €55,430 | €12,832 | -€42,598 | -76.8% |
| Financial charges | 65/66B | €24 | €64 | +€40 | +163.0% |
| Recurring financial charges | 65 | €24 | €64 | +€40 | +163.0% |
| Profit (loss) for the period before taxes | 9903 | €55,406 | €12,768 | -€42,637 | -77.0% |
| Income taxes | 67/77 | €15,000 | €6,000 | -€9,000 | -60.0% |
| Profit (loss) for the period | 9904 | €40,406 | €6,768 | -€33,637 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,406 | €6,768 | -€33,637 | -83.2% |
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 12 October 2026 via checked.be.