CEUNY: 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.
CEUNY
Largest movements
- Tangible fixed assets +€185,857
up €185,857 (+19.6%), from €950,593 to €1.1m
of which Land and buildings: +€186,323
- Receivables within one year -€56,291
down €56,291 (-49.1%), from €114,601 to €58,310
of which Trade receivables: -€51,633
- Cash -€34,007
down €34,007 (-71.4%), from €47,637 to €13,630
mainly Investment in fixed assets (net) (-€237,283) and Debts after one year (-€79,434)
- Other debts +€226,302
up €226,302 (+1,782%), from €12,700 to €239,002
- Debts after one year -€79,434
down €79,434 (-18.3%), from €434,592 to €355,158
of which Financial debts: -€79,434
- Tax, wage and social debts -€62,089
down €62,089 (-67.4%), from €92,138 to €30,049
of which Taxes: -€52,849
- Reserves +€29,978
up €29,978 (+5.3%), from €564,038 to €594,017
of which Distributable reserves: +€32,958
- Current portion of long-term debt -€18,637
down €18,637 (-19.0%), from €98,071 to €79,434
- Gross operating margin +€23,315
up €23,315 (+23.5%), from €99,237 to €122,552
- Depreciation +€10,222
up €10,222 (+24.8%), from €41,204 to €51,426
- Financial charges -€8,412
down €8,412 (-26.0%), from €32,373 to €23,961
- Taxes +€6,215
up €6,215 (+116%), from €5,341 to €11,556
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 | €1,241,111 | €1,338,174 | +€97,063 | +7.8% |
| Fixed assets | 21/28 | €1,076,593 | €1,262,450 | +€185,857 | +17.3% |
| Tangible fixed assets | 22/27 | €950,593 | €1,136,450 | +€185,857 | +19.6% |
| Land and buildings | 22 | €950,127 | €1,136,450 | +€186,323 | +19.6% |
| Plant, machinery and equipment | 23 | €466 | - | -€466 | |
| Financial fixed assets | 28 | €126,000 | €126,000 | = | 0.0% |
| Current assets | 29/58 | €164,518 | €75,724 | -€88,794 | -54.0% |
| Amounts receivable within one year | 40/41 | €114,601 | €58,310 | -€56,291 | -49.1% |
| Trade receivables | 40 | €109,943 | €58,310 | -€51,633 | -47.0% |
| Other amounts receivable | 41 | €4,659 | - | -€4,659 | |
| Cash at bank and in hand | 54/58 | €47,637 | €13,630 | -€34,007 | -71.4% |
| Deferred charges and accrued income | 490/1 | €2,280 | €3,784 | +€1,504 | +66.0% |
| Total equity and liabilities | 10/49 | €1,241,111 | €1,338,174 | +€97,063 | +7.8% |
| Equity | 10/15 | €582,638 | €612,617 | +€29,978 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €564,038 | €594,017 | +€29,978 | +5.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,529 | €45,550 | -€2,980 | -6.1% |
| Distributable reserves | 133 | €513,649 | €546,607 | +€32,958 | +6.4% |
| Provisions and deferred taxes | 16 | €9,926 | €8,933 | -€993 | -10.0% |
| Deferred taxes | 168 | €9,926 | €8,933 | -€993 | -10.0% |
| Amounts payable | 17/49 | €648,546 | €716,624 | +€68,078 | +10.5% |
| Amounts payable after more than one year | 17 | €434,592 | €355,158 | -€79,434 | -18.3% |
| Financial debts | 170/4 | €387,592 | €308,158 | -€79,434 | -20.5% |
| Other amounts payable | 178/9 | €47,000 | €47,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €213,954 | €361,418 | +€147,464 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | €98,071 | €79,434 | -€18,637 | -19.0% |
| Financial debts | 43 | €7,542 | €7,540 | -€2 | 0.0% |
| Credit institutions | 430/8 | €7,542 | €7,540 | -€2 | 0.0% |
| Trade debts | 44 | €3,504 | €5,394 | +€1,890 | +53.9% |
| Suppliers | 440/4 | €3,504 | €5,394 | +€1,890 | +53.9% |
| Taxes, remuneration and social security | 45 | €92,138 | €30,049 | -€62,089 | -67.4% |
| Taxes | 450/3 | €61,313 | €8,464 | -€52,849 | -86.2% |
| Remuneration and social security | 454/9 | €30,825 | €21,585 | -€9,240 | -30.0% |
| Other amounts payable | 47/48 | €12,700 | €239,002 | +€226,302 | +1,782% |
| Accrued charges and deferred income | 492/3 | - | €48 | +€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,204 | €51,426 | +€10,222 | +24.8% |
| Other operating charges | 640/8 | €6,253 | €6,623 | +€370 | +5.9% |
| Gross operating margin | 9900 | €99,237 | €122,552 | +€23,315 | +23.5% |
| Operating profit (loss) | 9901 | €51,779 | €64,502 | +€12,723 | +24.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €32,373 | €23,961 | -€8,412 | -26.0% |
| Recurring financial charges | 65 | €32,373 | €23,961 | -€8,412 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €19,406 | €40,542 | +€21,135 | +109% |
| Transfer from deferred taxes | 780 | €993 | €993 | = | 0.0% |
| Income taxes | 67/77 | €5,341 | €11,556 | +€6,215 | +116% |
| Profit (loss) for the period | 9904 | €15,058 | €29,978 | +€14,920 | +99.1% |
| Transfer from tax-exempt reserves | 789 | €2,980 | €2,980 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,038 | €32,958 | +€14,920 | +82.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.