CEPSIS: 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.
CEPSIS
Largest movements
- Cash -€17,047
down €17,047 (-17.7%), from €96,354 to €79,307
mainly Contributions, distributions and other (-€89,476) and Tax, wage and social debts (-€4,142)
- Reserves -€17,279
down €17,279 (-19.3%), from €89,476 to €72,197
- Tax, wage and social debts -€4,142
down €4,142 (-23.2%), from €17,850 to €13,708
- Other debts +€3,576
up €3,576 (+355.3%), from €1,006 to €4,583
- Gross operating margin -€13,507
down €13,507 (-12.2%), from €110,446 to €96,939
- Taxes -€1,956
down €1,956 (-8.2%), from €23,821 to €21,864
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 | €114,027 | €97,248 | -€16,779 | -14.7% |
| Current assets | 29/58 | €114,027 | €97,248 | -€16,779 | -14.7% |
| Amounts receivable within one year | 40/41 | €17,672 | €17,941 | +€268 | +1.5% |
| Trade receivables | 40 | €17,654 | €16,400 | -€1,253 | -7.1% |
| Other amounts receivable | 41 | €18 | €1,540 | +€1,522 | +8256.2% |
| Cash at bank and in hand | 54/58 | €96,354 | €79,307 | -€17,047 | -17.7% |
| Total equity and liabilities | 10/49 | €114,027 | €97,248 | -€16,779 | -14.7% |
| Equity | 10/15 | €91,976 | €74,697 | -€17,279 | -18.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €89,476 | €72,197 | -€17,279 | -19.3% |
| Distributable reserves | 133 | €89,476 | €72,197 | -€17,279 | -19.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,051 | €22,551 | +€500 | +2.3% |
| Amounts payable within one year | 42/48 | €22,051 | €22,551 | +€500 | +2.3% |
| Trade debts | 44 | €3,194 | €4,260 | +€1,066 | +33.4% |
| Suppliers | 440/4 | €3,194 | €4,260 | +€1,066 | +33.4% |
| Taxes, remuneration and social security | 45 | €17,850 | €13,708 | -€4,142 | -23.2% |
| Taxes | 450/3 | €17,850 | €13,708 | -€4,142 | -23.2% |
| Other amounts payable | 47/48 | €1,006 | €4,583 | +€3,576 | +355.3% |
| Other operating charges | 640/8 | €856 | €1,203 | +€347 | +40.5% |
| Gross operating margin | 9900 | €110,446 | €96,939 | -€13,507 | -12.2% |
| Operating profit (loss) | 9901 | €109,590 | €95,736 | -€13,854 | -12.6% |
| Financial income | 75/76B | €10 | €9 | -€1 | -9.8% |
| Recurring financial income | 75 | €10 | €9 | -€1 | -9.8% |
| Financial charges | 65/66B | €1,855 | €1,683 | -€172 | -9.3% |
| Recurring financial charges | 65 | €1,855 | €1,683 | -€172 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €107,744 | €94,062 | -€13,683 | -12.7% |
| Income taxes | 67/77 | €23,821 | €21,864 | -€1,956 | -8.2% |
| Profit (loss) for the period | 9904 | €83,923 | €72,197 | -€11,726 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €83,923 | €72,197 | -€11,726 | -14.0% |
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 6 October 2026 via checked.be.