Ceunen Consultancy: 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.
Ceunen Consultancy
Largest movements
- Receivables after one year +€10,200
up €10,200 (+16.1%), from €63,550 to €73,750
- Financial fixed assets +€3,100
new in 2025: €3,100
- Current investments -€3,100
down €3,100 (-100%), from €3,100 to €0
- Cash -€2,525
down €2,525 (-10.4%), from €24,248 to €21,723
mainly Receivables after one year (-€10,200) and Tax, wage and social debts (-€6,793)
- Reserves +€14,925
up €14,925 (+18.2%), from €82,136 to €97,061
- Tax, wage and social debts -€6,793
down €6,793 (-31.6%), from €21,526 to €14,733
of which Taxes: -€8,473
- Trade debts -€2,522
down €2,522 (-29.5%), from €8,561 to €6,038
- Short-term financial debts +€2,282
new in 2025: €2,282
- Gross operating margin +€3,065
up €3,065 (+13.9%), from €22,023 to €25,087
- Depreciation +€1,382
up €1,382 (+118%), from €1,173 to €2,555
- Taxes +€310
up €310 (+4.8%), from €6,406 to €6,716
- Financial charges +€275
up €275 (+25.2%), from €1,091 to €1,365
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 | €115,259 | €123,168 | +€7,909 | +6.9% |
| Fixed assets | 21/28 | €8,763 | €11,374 | +€2,611 | +29.8% |
| Tangible fixed assets | 22/27 | €8,763 | €8,274 | -€489 | -5.6% |
| Furniture and vehicles | 24 | - | €1,545 | +€1,545 | |
| Other tangible fixed assets | 26 | €8,763 | €6,729 | -€2,034 | -23.2% |
| Financial fixed assets | 28 | - | €3,100 | +€3,100 | |
| Current assets | 29/58 | €106,495 | €111,794 | +€5,299 | +5.0% |
| Amounts receivable after more than one year | 29 | €63,550 | €73,750 | +€10,200 | +16.1% |
| Other amounts receivable | 291 | €63,550 | €73,750 | +€10,200 | +16.1% |
| Amounts receivable within one year | 40/41 | €15,597 | €16,102 | +€505 | +3.2% |
| Trade receivables | 40 | €15,597 | €13,818 | -€1,779 | -11.4% |
| Other amounts receivable | 41 | - | €2,284 | +€2,284 | |
| Current investments | 50/53 | €3,100 | €0 | -€3,100 | -100% |
| Cash at bank and in hand | 54/58 | €24,248 | €21,723 | -€2,525 | -10.4% |
| Deferred charges and accrued income | 490/1 | €0 | €218 | +€218 | |
| Total equity and liabilities | 10/49 | €115,259 | €123,168 | +€7,909 | +6.9% |
| Equity | 10/15 | €85,136 | €100,061 | +€14,925 | +17.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,136 | €97,061 | +€14,925 | +18.2% |
| Distributable reserves | 133 | €82,136 | €97,061 | +€14,925 | +18.2% |
| Amounts payable | 17/49 | €30,122 | €23,107 | -€7,016 | -23.3% |
| Amounts payable within one year | 42/48 | €30,122 | €23,107 | -€7,016 | -23.3% |
| Financial debts | 43 | - | €2,282 | +€2,282 | |
| Credit institutions | 430/8 | - | €2,282 | +€2,282 | |
| Trade debts | 44 | €8,561 | €6,038 | -€2,522 | -29.5% |
| Suppliers | 440/4 | €8,561 | €6,038 | -€2,522 | -29.5% |
| Taxes, remuneration and social security | 45 | €21,526 | €14,733 | -€6,793 | -31.6% |
| Taxes | 450/3 | €21,526 | €13,053 | -€8,473 | -39.4% |
| Remuneration and social security | 454/9 | - | €1,680 | +€1,680 | |
| Other amounts payable | 47/48 | €36 | €53 | +€17 | +47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €2,555 | +€1,382 | +118% |
| Other operating charges | 640/8 | €1,559 | €1,421 | -€138 | -8.8% |
| Gross operating margin | 9900 | €22,023 | €25,087 | +€3,065 | +13.9% |
| Operating profit (loss) | 9901 | €19,291 | €21,111 | +€1,821 | +9.4% |
| Financial income | 75/76B | €1,715 | €1,895 | +€179 | +10.5% |
| Recurring financial income | 75 | €1,715 | €1,895 | +€179 | +10.5% |
| Financial charges | 65/66B | €1,091 | €1,365 | +€275 | +25.2% |
| Recurring financial charges | 65 | €1,091 | €1,365 | +€275 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €19,916 | €21,641 | +€1,725 | +8.7% |
| Income taxes | 67/77 | €6,406 | €6,716 | +€310 | +4.8% |
| Profit (loss) for the period | 9904 | €13,510 | €14,925 | +€1,415 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,510 | €14,925 | +€1,415 | +10.5% |
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 27 October 2026 via checked.be.