CETALI: 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.
CETALI
Largest movements
- Cash +€10,366
up €10,366 (+2.6%), from €392,566 to €402,932
mainly Other debts (+€65,598) and Receivables within one year (+€7,203)
- Receivables within one year -€7,203
down €7,203 (-11.7%), from €61,752 to €54,548
of which Other amounts receivable: -€7,203
- Profit (loss) carried forward -€65,649
down €65,649 (-17.8%), from €368,651 to €303,002
- Other debts +€65,598
up €65,598 (+249.4%), from €26,298 to €91,896
- Taxes +€55,683
new in 2024: €55,683
- Staff costs -€45,858
down €45,858 (-37.7%), from €121,624 to €75,766
- Gross operating margin +€28,398
up €28,398 (+38.9%), from €73,086 to €101,484
- Depreciation +€2,481
up €2,481 (+412.4%), from €602 to €3,083
- Other operating charges -€1,873
down €1,873 (-5.2%), from €36,327 to €34,453
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,760 | €462,840 | +€80 | 0.0% |
| Fixed assets | 21/28 | €8,443 | €5,360 | -€3,083 | -36.5% |
| Tangible fixed assets | 22/27 | €3,083 | - | -€3,083 | |
| Other tangible fixed assets | 26 | €3,083 | - | -€3,083 | |
| Financial fixed assets | 28 | €5,360 | €5,360 | = | 0.0% |
| Current assets | 29/58 | €454,317 | €457,480 | +€3,163 | +0.7% |
| Amounts receivable within one year | 40/41 | €61,752 | €54,548 | -€7,203 | -11.7% |
| Trade receivables | 40 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 41 | €59,252 | €52,048 | -€7,203 | -12.2% |
| Cash at bank and in hand | 54/58 | €392,566 | €402,932 | +€10,366 | +2.6% |
| Total equity and liabilities | 10/49 | €462,760 | €462,840 | +€80 | 0.0% |
| Equity | 10/15 | €396,151 | €330,502 | -€65,649 | -16.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Distributable reserves | 133 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €368,651 | €303,002 | -€65,649 | -17.8% |
| Amounts payable | 17/49 | €66,609 | €132,339 | +€65,729 | +98.7% |
| Amounts payable within one year | 42/48 | €66,609 | €132,339 | +€65,729 | +98.7% |
| Trade debts | 44 | €8,870 | €7,352 | -€1,518 | -17.1% |
| Suppliers | 440/4 | €8,870 | €7,352 | -€1,518 | -17.1% |
| Taxes, remuneration and social security | 45 | €31,441 | €33,090 | +€1,650 | +5.2% |
| Taxes | 450/3 | €3,618 | €9,296 | +€5,678 | +156.9% |
| Remuneration and social security | 454/9 | €27,822 | €23,794 | -€4,028 | -14.5% |
| Other amounts payable | 47/48 | €26,298 | €91,896 | +€65,598 | +249.4% |
| Remuneration, social security and pensions | 62 | €121,624 | €75,766 | -€45,858 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €602 | €3,083 | +€2,481 | +412.4% |
| Other operating charges | 640/8 | €36,327 | €34,453 | -€1,873 | -5.2% |
| Gross operating margin | 9900 | €73,086 | €101,484 | +€28,398 | +38.9% |
| Operating profit (loss) | 9901 | -€85,466 | -€11,818 | +€73,648 | +86.2% |
| Financial income | 75/76B | €1,913 | €3,671 | +€1,758 | +91.9% |
| Recurring financial income | 75 | €1,913 | €3,671 | +€1,758 | +91.9% |
| Financial charges | 65/66B | €417 | €1,819 | +€1,402 | +336.1% |
| Recurring financial charges | 65 | €417 | €1,819 | +€1,402 | +336.1% |
| Profit (loss) for the period before taxes | 9903 | -€83,970 | -€9,966 | +€74,004 | +88.1% |
| Income taxes | 67/77 | - | €55,683 | +€55,683 | |
| Profit (loss) for the period | 9904 | -€83,970 | -€65,649 | +€18,321 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,970 | -€65,649 | +€18,321 | +21.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.