CEULEMANS - DIRIX: 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.
CEULEMANS - DIRIX
Largest movements
- Cash +€501,219
up €501,219 (+198.7%), from €252,211 to €753,430
mainly Net result for the year (+€366,362) and Tax, wage and social debts (+€108,511)
- Receivables within one year -€21,108
down €21,108 (-16.5%), from €127,711 to €106,603
of which Trade receivables: -€21,027
- Tangible fixed assets +€18,720
up €18,720 (+32.3%), from €58,021 to €76,741
of which Plant, machinery and equipment: +€19,274
- Profit (loss) carried forward +€366,362
up €366,362 (+121.5%), from €301,543 to €667,905
- Tax, wage and social debts +€108,511
up €108,511 (+82.6%), from €131,330 to €239,841
of which Taxes: +€113,211
- Trade debts +€27,368
up €27,368 (+614.7%), from €4,452 to €31,820
- Staff costs -€84,142
down €84,142 (-33.4%), from €252,130 to €167,988
- Taxes +€21,883
up €21,883 (+23.2%), from €94,386 to €116,269
- Gross operating margin +€11,544
up €11,544 (+1.7%), from €661,932 to €673,476
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 | €438,325 | €940,566 | +€502,241 | +114.6% |
| Fixed assets | 21/28 | €58,021 | €76,741 | +€18,720 | +32.3% |
| Tangible fixed assets | 22/27 | €58,021 | €76,741 | +€18,720 | +32.3% |
| Land and buildings | 22 | €17,461 | €21,940 | +€4,479 | +25.7% |
| Plant, machinery and equipment | 23 | €22,031 | €41,305 | +€19,274 | +87.5% |
| Furniture and vehicles | 24 | €12,491 | €7,458 | -€5,033 | -40.3% |
| Other tangible fixed assets | 26 | €6,038 | €6,038 | = | 0.0% |
| Current assets | 29/58 | €380,304 | €863,825 | +€483,521 | +127.1% |
| Amounts receivable within one year | 40/41 | €127,711 | €106,603 | -€21,108 | -16.5% |
| Trade receivables | 40 | €21,374 | €347 | -€21,027 | -98.4% |
| Other amounts receivable | 41 | €106,337 | €106,256 | -€81 | -0.1% |
| Cash at bank and in hand | 54/58 | €252,211 | €753,430 | +€501,219 | +198.7% |
| Deferred charges and accrued income | 490/1 | €382 | €3,792 | +€3,410 | +892.7% |
| Total equity and liabilities | 10/49 | €438,325 | €940,566 | +€502,241 | +114.6% |
| Equity | 10/15 | €302,543 | €668,905 | +€366,362 | +121.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €301,543 | €667,905 | +€366,362 | +121.5% |
| Amounts payable | 17/49 | €135,782 | €271,661 | +€135,879 | +100.1% |
| Amounts payable within one year | 42/48 | €135,782 | €271,661 | +€135,879 | +100.1% |
| Trade debts | 44 | €4,452 | €31,820 | +€27,368 | +614.7% |
| Suppliers | 440/4 | €4,452 | €31,820 | +€27,368 | +614.7% |
| Taxes, remuneration and social security | 45 | €131,330 | €239,841 | +€108,511 | +82.6% |
| Taxes | 450/3 | €106,606 | €219,817 | +€113,211 | +106.2% |
| Remuneration and social security | 454/9 | €24,724 | €20,024 | -€4,700 | -19.0% |
| Remuneration, social security and pensions | 62 | €252,130 | €167,988 | -€84,142 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,954 | €15,888 | +€5,934 | +59.6% |
| Other operating charges | 640/8 | €2,449 | €1,461 | -€988 | -40.3% |
| Gross operating margin | 9900 | €661,932 | €673,476 | +€11,544 | +1.7% |
| Operating profit (loss) | 9901 | €397,399 | €488,139 | +€90,740 | +22.8% |
| Financial charges | 65/66B | €1,470 | €5,508 | +€4,038 | +274.7% |
| Recurring financial charges | 65 | €1,470 | €5,508 | +€4,038 | +274.7% |
| Profit (loss) for the period before taxes | 9903 | €395,929 | €482,631 | +€86,702 | +21.9% |
| Income taxes | 67/77 | €94,386 | €116,269 | +€21,883 | +23.2% |
| Profit (loss) for the period | 9904 | €301,543 | €366,362 | +€64,819 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €301,543 | €366,362 | +€64,819 | +21.5% |
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 29 September 2026 via checked.be.