CEUMI: 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.
CEUMI
Largest movements
- Tangible fixed assets -€2,657
down €2,657 (-18.5%), from €14,386 to €11,729
of which Furniture and vehicles: -€2,375
- Profit (loss) carried forward -€7,323
down €7,323 (-4.9%), from -€150,930 to -€158,253
- Other debts +€3,757
up €3,757 (+3.5%), from €106,863 to €110,621
- Trade debts +€1,265
up €1,265 (+50.1%), from €2,528 to €3,793
- Tax, wage and social debts -€243
down €243 (-58.4%), from €417 to €174
of which Remuneration and social security: -€388
- Gross operating margin -€3,162
down €3,162 (-719%), from -€439 to -€3,601
- Depreciation +€1,175
up €1,175 (+79.2%), from €1,483 to €2,657
- Taxes +€115
up €115 (+392%), from €29 to €144
- Other operating charges -€76
down €76 (-8.8%), from €867 to €791
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 | €18,080 | €15,536 | -€2,543 | -14.1% |
| Fixed assets | 21/28 | €14,386 | €11,729 | -€2,657 | -18.5% |
| Tangible fixed assets | 22/27 | €14,386 | €11,729 | -€2,657 | -18.5% |
| Plant, machinery and equipment | 23 | €1,694 | €1,411 | -€282 | -16.7% |
| Furniture and vehicles | 24 | €12,692 | €10,317 | -€2,375 | -18.7% |
| Current assets | 29/58 | €3,694 | €3,808 | +€114 | +3.1% |
| Cash at bank and in hand | 54/58 | €3,081 | €3,238 | +€158 | +5.1% |
| Deferred charges and accrued income | 490/1 | €613 | €569 | -€44 | -7.1% |
| Total equity and liabilities | 10/49 | €18,080 | €15,536 | -€2,543 | -14.1% |
| Equity | 10/15 | -€91,728 | -€99,051 | -€7,323 | -8.0% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Capital | 10 | €31,000 | €31,000 | = | 0.0% |
| Issued capital | 100 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €28,202 | €28,202 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €25,103 | €25,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,930 | -€158,253 | -€7,323 | -4.9% |
| Amounts payable | 17/49 | €109,808 | €114,587 | +€4,779 | +4.4% |
| Amounts payable within one year | 42/48 | €109,808 | €114,587 | +€4,779 | +4.4% |
| Trade debts | 44 | €2,528 | €3,793 | +€1,265 | +50.1% |
| Suppliers | 440/4 | €2,528 | €3,793 | +€1,265 | +50.1% |
| Taxes, remuneration and social security | 45 | €417 | €174 | -€243 | -58.4% |
| Taxes | 450/3 | €29 | €174 | +€144 | +492% |
| Remuneration and social security | 454/9 | €388 | - | -€388 | |
| Other amounts payable | 47/48 | €106,863 | €110,621 | +€3,757 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,483 | €2,657 | +€1,175 | +79.2% |
| Other operating charges | 640/8 | €867 | €791 | -€76 | -8.8% |
| Gross operating margin | 9900 | -€439 | -€3,601 | -€3,162 | -719% |
| Operating profit (loss) | 9901 | -€2,789 | -€7,049 | -€4,260 | -153% |
| Financial charges | 65/66B | €135 | €129 | -€6 | -4.4% |
| Recurring financial charges | 65 | €135 | €129 | -€6 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,924 | -€7,178 | -€4,254 | -145% |
| Income taxes | 67/77 | €29 | €144 | +€115 | +392% |
| Profit (loss) for the period | 9904 | -€2,953 | -€7,323 | -€4,369 | -148% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,953 | -€7,323 | -€4,369 | -148% |
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 15 October 2026 via checked.be.