CETPROBEL: 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.
What changed
CETPROBEL
NACE 20.590, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €47,274+€1.4m
Equity
€7.0m
2024 · €1.7m+€5.3m
Cash
€6.0m
2024 · €417,115+€5.6m
Balance sheet total
€16.0m
2024 · €4.0m+€12.0m
Largest movements
Assets
- Cash +€5.6m
up €5.6m (+1347.0%), from €417,115 to €6.0m
mainly Trade debts (+€5.6m) and Contributions, distributions and other (+€3.8m)
- Receivables within one year +€4.2m
up €4.2m (+190.7%), from €2.2m to €6.4m
of which Trade receivables: +€4.2m
- Stocks and contracts +€2.0m
up €2.0m (+197.8%), from €991,531 to €3.0m
- Intangible fixed assets +€167,756
new in 2025: €167,756
Equity and liabilities
- Trade debts +€5.6m
up €5.6m (+249.4%), from €2.2m to €7.8m
- Profit (loss) carried forward +€3.6m
up €3.6m (+4323.1%), from €83,983 to €3.7m
- Contributions +€1.6m
up €1.6m (+99.8%), from €1.6m to €3.2m
- Other debts +€1.0m
new in 2025: €1.0m
Income statement
- Turnover +€32.0m
up €32.0m (+828.9%), from €3.9m to €35.8m
- Goods and materials +€29.4m
up €29.4m, from -€175 to €29.4m
of which Purchases: +€29.9m
- Services and other goods +€2.7m
up €2.7m (+84.4%), from €3.2m to €5.9m
- Taxes +€646,404
up €646,404 (+4740.3%), from €13,636 to €660,041
- Depreciation -€405,778
down €405,778 (-70.5%), from €575,503 to €169,725
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
€47,274
Turnover
+€32.0m
Other operating income
+€348,789
Goods and materials
-€29.4m
Services and other goods
-€2.7m
Depreciation
+€405,778
Other operating charges
-€25
Other operating items
+€1.5m
Financial income
+€3,866
Financial charges
-€34,764
Taxes
-€646,404
Result 2025
€1.5m
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.
From operations
+€2.1m
Investment
-€350,027
Financing
+€3.8m
Cash 2024
€417,115
From operations (derived)
+€2.1m
Net result for the year
+€1.5m
Depreciation
+€169,725
Stocks and contracts
-€2.0m
Receivables within one year
-€4.2m
Deferred charges and accrued income
-€55,051
Provisions
+€66,489
Trade debts
+€5.6m
Tax, wage and social debts
+€116,035
Other debts
+€1.0m
Accrued charges and deferred income
-€30,270
Investment (derived)
-€350,027
Investment in fixed assets (net)
-€350,027
Financing
+€3.8m
Contributions, distributions and other
+€3.8m
Cash 2025
€6.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,993,122 | €16,020,890 | +€12.0m | +301.2% |
| Fixed assets | 21/28 | €375,377 | €555,679 | +€180,302 | +48.0% |
| Intangible fixed assets | 21 | - | €167,756 | +€167,756 | |
| Tangible fixed assets | 22/27 | €375,377 | €387,923 | +€12,546 | +3.3% |
| Plant, machinery and equipment | 23 | €375,377 | €387,923 | +€12,546 | +3.3% |
| Current assets | 29/58 | €3,617,746 | €15,465,211 | +€11.8m | +327.5% |
| Stocks and contracts in progress | 3 | €991,531 | €2,953,092 | +€2.0m | +197.8% |
| Stocks | 30/36 | €991,531 | €2,953,092 | +€2.0m | +197.8% |
| Raw materials and consumables | 30/31 | €190,339 | €286,703 | +€96,364 | +50.6% |
| Finished goods | 33 | €801,192 | €2,306,045 | +€1.5m | +187.8% |
| Goods purchased for resale | 34 | - | €360,343 | +€360,343 | |
| Amounts receivable within one year | 40/41 | €2,208,920 | €6,421,253 | +€4.2m | +190.7% |
| Trade receivables | 40 | €2,199,602 | €6,421,253 | +€4.2m | +191.9% |
| Other amounts receivable | 41 | €9,318 | - | -€9,318 | |
| Cash at bank and in hand | 54/58 | €417,115 | €6,035,636 | +€5.6m | +1347.0% |
| Deferred charges and accrued income | 490/1 | €180 | €55,231 | +€55,051 | +30583.8% |
| Total equity and liabilities | 10/49 | €3,993,122 | €16,020,890 | +€12.0m | +301.2% |
| Equity | 10/15 | €1,716,030 | €7,013,887 | +€5.3m | +308.7% |
| Contributions | 10/11 | €1,596,821 | €3,190,821 | +€1.6m | +99.8% |
| Capital | 10 | €1,596,821 | €3,190,821 | +€1.6m | +99.8% |
| Issued capital | 100 | €1,596,821 | €3,190,821 | +€1.6m | +99.8% |
| Reserves | 13 | €35,227 | €108,368 | +€73,141 | +207.6% |
| Non-distributable reserves | 130/1 | €35,227 | €108,368 | +€73,141 | +207.6% |
| Legal reserve | 130 | €35,227 | €108,368 | +€73,141 | +207.6% |
| Profit (loss) carried forward | 14 | €83,983 | €3,714,698 | +€3.6m | +4323.1% |
| Provisions and deferred taxes | 16 | - | €66,489 | +€66,489 | |
| Provisions for liabilities and charges | 160/5 | - | €66,489 | +€66,489 | |
| Environmental obligations | 163 | - | €66,489 | +€66,489 | |
| Amounts payable | 17/49 | €2,277,092 | €8,940,514 | +€6.7m | +292.6% |
| Amounts payable within one year | 42/48 | €2,246,822 | €8,940,514 | +€6.7m | +297.9% |
| Trade debts | 44 | €2,236,822 | €7,814,479 | +€5.6m | +249.4% |
| Suppliers | 440/4 | €2,236,822 | €7,814,479 | +€5.6m | +249.4% |
| Taxes, remuneration and social security | 45 | €10,000 | €126,035 | +€116,035 | +1160.4% |
| Taxes | 450/3 | €10,000 | €126,035 | +€116,035 | +1160.4% |
| Other amounts payable | 47/48 | - | €1,000,000 | +€1.0m | |
| Accrued charges and deferred income | 492/3 | €30,270 | - | -€30,270 | |
| Operating income | 70/76A | €3,855,510 | €37,667,342 | +€33.8m | +877.0% |
| Turnover | 70 | €3,855,510 | €35,813,829 | +€32.0m | +828.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €1,504,725 | +€1.5m | |
| Other operating income | 74 | - | €348,789 | +€348,789 | |
| Operating charges | 60/66A | €3,791,010 | €35,509,986 | +€31.7m | +836.7% |
| Goods for resale, raw materials and consumables | 60 | -€175 | €29,412,837 | +€29.4m | |
| Purchases | 600/8 | - | €29,869,673 | +€29.9m | |
| Change in stocks: decrease (increase) | 609 | -€175 | -€456,836 | -€456,661 | -261532.1% |
| Services and other goods | 61 | €3,212,114 | €5,923,831 | +€2.7m | +84.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575,503 | €169,725 | -€405,778 | -70.5% |
| Other operating charges | 640/8 | €3,568 | €3,593 | +€25 | +0.7% |
| Operating profit (loss) | 9901 | €64,500 | €2,157,356 | +€2.1m | +3244.7% |
| Financial income | 75/76B | - | €3,866 | +€3,866 | |
| Recurring financial income | 75 | - | €3,866 | +€3,866 | |
| Other financial income | 752/9 | - | €3,866 | +€3,866 | |
| Financial charges | 65/66B | €3,590 | €38,354 | +€34,764 | +968.3% |
| Recurring financial charges | 65 | €3,590 | €38,354 | +€34,764 | +968.3% |
| Other financial charges | 652/9 | €3,590 | €38,354 | +€34,764 | +968.3% |
| Profit (loss) for the period before taxes | 9903 | €60,910 | €2,122,868 | +€2.1m | +3385.2% |
| Income taxes | 67/77 | €13,636 | €660,041 | +€646,404 | +4740.3% |
| Taxes | 670/3 | €13,636 | €660,041 | +€646,404 | +4740.3% |
| Profit (loss) for the period | 9904 | €47,274 | €1,462,828 | +€1.4m | +2994.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,274 | €1,462,828 | +€1.4m | +2994.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.