CEULEMANS SUPERVISING & 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.
CEULEMANS SUPERVISING & ENGINEERING
Largest movements
- Tangible fixed assets -€15,847
down €15,847 (-30.5%), from €51,915 to €36,069
of which Furniture and vehicles: -€11,239
- Cash +€7,865
up €7,865 (+7.6%), from €103,228 to €111,093
mainly Depreciation (+€20,362) and Net result for the year (+€9,600)
- Debts after one year -€15,347
down €15,347 (-79.9%), from €19,216 to €3,868
- Reserves +€9,600
up €9,600 (+6.8%), from €141,717 to €151,317
of which Distributable reserves: +€9,600
- Gross operating margin -€19,339
down €19,339 (-37.1%), from €52,082 to €32,743
- Taxes -€3,723
down €3,723 (-55.4%), from €6,721 to €2,998
- Financial income +€800
up €800 (+1701.3%), from €47 to €847
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 | €191,099 | €184,978 | -€6,122 | -3.2% |
| Fixed assets | 21/28 | €51,915 | €36,069 | -€15,847 | -30.5% |
| Tangible fixed assets | 22/27 | €51,915 | €36,069 | -€15,847 | -30.5% |
| Plant, machinery and equipment | 23 | €17,938 | €13,330 | -€4,608 | -25.7% |
| Furniture and vehicles | 24 | €33,978 | €22,739 | -€11,239 | -33.1% |
| Current assets | 29/58 | €139,184 | €148,909 | +€9,725 | +7.0% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,816 | €36,547 | +€1,731 | +5.0% |
| Trade receivables | 40 | €29,220 | €31,531 | +€2,311 | +7.9% |
| Other amounts receivable | 41 | €5,596 | €5,016 | -€580 | -10.4% |
| Cash at bank and in hand | 54/58 | €103,228 | €111,093 | +€7,865 | +7.6% |
| Deferred charges and accrued income | 490/1 | €640 | €769 | +€128 | +20.0% |
| Total equity and liabilities | 10/49 | €191,099 | €184,978 | -€6,122 | -3.2% |
| Equity | 10/15 | €147,917 | €157,517 | +€9,600 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €141,717 | €151,317 | +€9,600 | +6.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €139,857 | €149,457 | +€9,600 | +6.9% |
| Amounts payable | 17/49 | €43,182 | €27,460 | -€15,722 | -36.4% |
| Amounts payable after more than one year | 17 | €19,216 | €3,868 | -€15,347 | -79.9% |
| Financial debts | 170/4 | €19,216 | €3,868 | -€15,347 | -79.9% |
| Amounts payable within one year | 42/48 | €23,967 | €23,592 | -€375 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €15,146 | €15,347 | +€201 | +1.3% |
| Trade debts | 44 | €3,170 | €2,039 | -€1,131 | -35.7% |
| Suppliers | 440/4 | €3,170 | €2,039 | -€1,131 | -35.7% |
| Taxes, remuneration and social security | 45 | €5,651 | €6,206 | +€555 | +9.8% |
| Taxes | 450/3 | €5,651 | €6,206 | +€555 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,554 | €20,362 | -€192 | -0.9% |
| Other operating charges | 640/8 | €379 | €120 | -€259 | -68.3% |
| Gross operating margin | 9900 | €52,082 | €32,743 | -€19,339 | -37.1% |
| Operating profit (loss) | 9901 | €31,149 | €12,261 | -€18,888 | -60.6% |
| Financial income | 75/76B | €47 | €847 | +€800 | +1701.3% |
| Recurring financial income | 75 | €47 | €847 | +€800 | +1701.3% |
| Financial charges | 65/66B | €876 | €510 | -€366 | -41.8% |
| Recurring financial charges | 65 | €876 | €510 | -€366 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €30,319 | €12,598 | -€17,721 | -58.4% |
| Income taxes | 67/77 | €6,721 | €2,998 | -€3,723 | -55.4% |
| Profit (loss) for the period | 9904 | €23,599 | €9,600 | -€13,998 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,599 | €9,600 | -€13,998 | -59.3% |
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 12 October 2026 via checked.be.