CEU-ENGINEERING: 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.
CEU-ENGINEERING
Largest movements
- Tangible fixed assets -€3,868
down €3,868 (-5.4%), from €71,640 to €67,772
of which Plant, machinery and equipment: -€5,653
- Cash +€1,576
up €1,576 (+74.9%), from €2,104 to €3,680
mainly Depreciation (+€3,868) and Net result for the year (+€1,273)
- Other debts -€3,657
down €3,657 (-16.1%), from €22,672 to €19,015
- Profit (loss) carried forward +€1,273
up €1,273 (+11.9%), from -€10,713 to -€9,439
- Gross operating margin -€1,208
down €1,208 (-10.9%), from €11,066 to €9,858
- Other operating charges +€825
up €825 (+35.8%), from €2,301 to €3,125
- Taxes -€407
down €407 (-22.7%), from €1,792 to €1,386
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 | €118,261 | €116,577 | -€1,685 | -1.4% |
| Fixed assets | 21/28 | €71,640 | €67,772 | -€3,868 | -5.4% |
| Tangible fixed assets | 22/27 | €71,640 | €67,772 | -€3,868 | -5.4% |
| Land and buildings | 22 | €60,911 | €60,911 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,729 | €5,076 | -€5,653 | -52.7% |
| Furniture and vehicles | 24 | - | €1,785 | +€1,785 | |
| Current assets | 29/58 | €46,621 | €48,804 | +€2,183 | +4.7% |
| Amounts receivable within one year | 40/41 | €44,367 | €44,785 | +€418 | +0.9% |
| Trade receivables | 40 | €1,139 | €1,638 | +€500 | +43.9% |
| Other amounts receivable | 41 | €43,228 | €43,146 | -€81 | -0.2% |
| Cash at bank and in hand | 54/58 | €2,104 | €3,680 | +€1,576 | +74.9% |
| Deferred charges and accrued income | 490/1 | €151 | €340 | +€189 | +125% |
| Total equity and liabilities | 10/49 | €118,261 | €116,577 | -€1,685 | -1.4% |
| Equity | 10/15 | €1,682 | €2,955 | +€1,273 | +75.7% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,713 | -€9,439 | +€1,273 | +11.9% |
| Amounts payable | 17/49 | €116,579 | €113,621 | -€2,958 | -2.5% |
| Amounts payable after more than one year | 17 | €91,736 | €91,736 | = | 0.0% |
| Other amounts payable | 178/9 | €91,736 | €91,736 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,843 | €21,885 | -€2,958 | -11.9% |
| Trade debts | 44 | €843 | €1,447 | +€604 | +71.6% |
| Suppliers | 440/4 | €843 | €1,447 | +€604 | +71.6% |
| Taxes, remuneration and social security | 45 | €1,328 | €1,423 | +€95 | +7.2% |
| Taxes | 450/3 | €1,328 | €1,423 | +€95 | +7.2% |
| Other amounts payable | 47/48 | €22,672 | €19,015 | -€3,657 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,869 | €3,868 | -€1 | 0.0% |
| Other operating charges | 640/8 | €2,301 | €3,125 | +€825 | +35.8% |
| Gross operating margin | 9900 | €11,066 | €9,858 | -€1,208 | -10.9% |
| Operating profit (loss) | 9901 | €4,896 | €2,865 | -€2,031 | -41.5% |
| Financial charges | 65/66B | €126 | €206 | +€80 | +63.2% |
| Recurring financial charges | 65 | €126 | €206 | +€80 | +63.2% |
| Profit (loss) for the period before taxes | 9903 | €4,770 | €2,659 | -€2,111 | -44.3% |
| Income taxes | 67/77 | €1,792 | €1,386 | -€407 | -22.7% |
| Profit (loss) for the period | 9904 | €2,978 | €1,273 | -€1,704 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,978 | €1,273 | -€1,704 | -57.2% |
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 17 October 2026 via checked.be.