Cesar Groupe: 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.
Cesar Groupe
Largest movements
- Receivables within one year +€8,060
up €8,060 (+117%), from €6,913 to €14,972
of which Other amounts receivable: +€7,705
- Tangible fixed assets -€3,609
down €3,609 (-49.8%), from €7,252 to €3,643
- Deferred charges and accrued income -€971
down €971 (-100%), from €971 to €0
- Trade debts +€14,568
up €14,568 (+130%), from €11,209 to €25,777
- Profit (loss) carried forward -€9,858
down €9,858 (-142%), from -€6,952 to -€16,810
- Tax, wage and social debts -€1,719
down €1,719 (-20.3%), from €8,475 to €6,756
of which Remuneration and social security: -€6,750
- Other debts +€450
up €450 (+3.8%), from €11,768 to €12,218
- Gross operating margin -€86,964
down €86,964 (-68.9%), from €126,305 to €39,341
- Staff costs -€50,652
down €50,652 (-53.0%), from €95,492 to €44,840
- Other operating charges -€3,924
down €3,924 (-100%), from €3,924 to €0
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 | €26,000 | €29,441 | +€3,441 | +13.2% |
| Fixed assets | 21/28 | €12,002 | €8,393 | -€3,609 | -30.1% |
| Tangible fixed assets | 22/27 | €7,252 | €3,643 | -€3,609 | -49.8% |
| Plant, machinery and equipment | 23 | €7,252 | €3,643 | -€3,609 | -49.8% |
| Financial fixed assets | 28 | €4,750 | €4,750 | = | 0.0% |
| Current assets | 29/58 | €13,999 | €21,049 | +€7,050 | +50.4% |
| Amounts receivable within one year | 40/41 | €6,913 | €14,972 | +€8,060 | +117% |
| Trade receivables | 40 | €5,490 | €5,844 | +€354 | +6.5% |
| Other amounts receivable | 41 | €1,423 | €9,128 | +€7,705 | +541% |
| Cash at bank and in hand | 54/58 | €6,115 | €6,076 | -€38 | -0.6% |
| Deferred charges and accrued income | 490/1 | €971 | €0 | -€971 | -100% |
| Total equity and liabilities | 10/49 | €26,000 | €29,441 | +€3,441 | +13.2% |
| Equity | 10/15 | -€5,452 | -€15,310 | -€9,858 | -181% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,952 | -€16,810 | -€9,858 | -142% |
| Amounts payable | 17/49 | €31,453 | €44,752 | +€13,299 | +42.3% |
| Amounts payable within one year | 42/48 | €31,453 | €44,752 | +€13,299 | +42.3% |
| Trade debts | 44 | €11,209 | €25,777 | +€14,568 | +130% |
| Suppliers | 440/4 | €11,209 | €25,777 | +€14,568 | +130% |
| Taxes, remuneration and social security | 45 | €8,475 | €6,756 | -€1,719 | -20.3% |
| Taxes | 450/3 | €373 | €5,404 | +€5,031 | +1,348% |
| Remuneration and social security | 454/9 | €8,102 | €1,352 | -€6,750 | -83.3% |
| Other amounts payable | 47/48 | €11,768 | €12,218 | +€450 | +3.8% |
| Remuneration, social security and pensions | 62 | €95,492 | €44,840 | -€50,652 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,735 | €3,609 | -€126 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €968 | +€968 | |
| Other operating charges | 640/8 | €3,924 | €0 | -€3,924 | -100% |
| Gross operating margin | 9900 | €126,305 | €39,341 | -€86,964 | -68.9% |
| Operating profit (loss) | 9901 | €23,154 | -€10,076 | -€33,230 | |
| Financial income | 75/76B | €0 | €473 | +€473 | +430,273% |
| Recurring financial income | 75 | €0 | €473 | +€473 | +430,273% |
| Financial charges | 65/66B | €134 | €256 | +€122 | +91.0% |
| Recurring financial charges | 65 | €134 | €256 | +€122 | +91.0% |
| Profit (loss) for the period before taxes | 9903 | €23,020 | -€9,858 | -€32,878 | |
| Profit (loss) for the period | 9904 | €23,020 | -€9,858 | -€32,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,020 | -€9,858 | -€32,878 |
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 22 October 2026 via checked.be.