CEVA: 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.
CEVA
Largest movements
- Cash +€54,651
up €54,651 (+62.6%), from €87,333 to €141,984
mainly Net result for the year (+€69,287) and Investment in fixed assets (net) (+€16,111)
- Tangible fixed assets -€25,844
down €25,844 (-84.2%), from €30,684 to €4,840
of which Furniture and vehicles: -€21,315
- Receivables within one year +€9,188
up €9,188 (+193.9%), from €4,738 to €13,926
of which Trade receivables: +€13,912
- Stocks and contracts -€5,333
no longer reported in 2025 (was €5,333)
- Reserves +€69,287
up €69,287 (+144.1%), from €48,080 to €117,366
- Debts after one year -€19,453
no longer reported in 2025 (was €19,453)
- Current portion of long-term debt -€12,570
no longer reported in 2025 (was €12,570)
- Tax, wage and social debts -€12,274
down €12,274 (-53.7%), from €22,873 to €10,599
of which Taxes: -€9,274
- Trade debts +€8,763
up €8,763 (+96.1%), from €9,123 to €17,886
- Depreciation -€18,142
down €18,142 (-65.1%), from €27,876 to €9,733
- Taxes +€6,726
up €6,726 (+33.8%), from €19,873 to €26,599
- Other operating charges -€3,152
down €3,152 (-62.8%), from €5,015 to €1,863
- Gross operating margin +€3,136
up €3,136 (+2.4%), from €132,042 to €135,178
- Staff costs -€2,208
down €2,208 (-7.7%), from €28,551 to €26,342
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 | €128,089 | €160,845 | +€32,756 | +25.6% |
| Fixed assets | 21/28 | €30,684 | €4,840 | -€25,844 | -84.2% |
| Tangible fixed assets | 22/27 | €30,684 | €4,840 | -€25,844 | -84.2% |
| Plant, machinery and equipment | 23 | €4,530 | - | -€4,530 | |
| Furniture and vehicles | 24 | €26,155 | €4,840 | -€21,315 | -81.5% |
| Current assets | 29/58 | €97,404 | €156,005 | +€58,601 | +60.2% |
| Stocks and contracts in progress | 3 | €5,333 | - | -€5,333 | |
| Stocks | 30/36 | €5,333 | - | -€5,333 | |
| Amounts receivable within one year | 40/41 | €4,738 | €13,926 | +€9,188 | +193.9% |
| Trade receivables | 40 | - | €13,912 | +€13,912 | |
| Other amounts receivable | 41 | €4,738 | €14 | -€4,724 | -99.7% |
| Cash at bank and in hand | 54/58 | €87,333 | €141,984 | +€54,651 | +62.6% |
| Deferred charges and accrued income | 490/1 | - | €95 | +€95 | |
| Total equity and liabilities | 10/49 | €128,089 | €160,845 | +€32,756 | +25.6% |
| Equity | 10/15 | €50,080 | €119,366 | +€69,287 | +138.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,080 | €117,366 | +€69,287 | +144.1% |
| Distributable reserves | 133 | €48,080 | €117,366 | +€69,287 | +144.1% |
| Amounts payable | 17/49 | €78,009 | €41,479 | -€36,531 | -46.8% |
| Amounts payable after more than one year | 17 | €19,453 | - | -€19,453 | |
| Financial debts | 170/4 | €19,453 | - | -€19,453 | |
| Amounts payable within one year | 42/48 | €58,556 | €41,479 | -€17,078 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €12,570 | - | -€12,570 | |
| Trade debts | 44 | €9,123 | €17,886 | +€8,763 | +96.1% |
| Suppliers | 440/4 | €9,123 | €17,886 | +€8,763 | +96.1% |
| Taxes, remuneration and social security | 45 | €22,873 | €10,599 | -€12,274 | -53.7% |
| Taxes | 450/3 | €19,873 | €10,599 | -€9,274 | -46.7% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €13,991 | €12,994 | -€997 | -7.1% |
| Non-recurring operating income | 76A | - | €70,889 | +€70,889 | |
| Remuneration, social security and pensions | 62 | €28,551 | €26,342 | -€2,208 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,876 | €9,733 | -€18,142 | -65.1% |
| Other operating charges | 640/8 | €5,015 | €1,863 | -€3,152 | -62.8% |
| Gross operating margin | 9900 | €132,042 | €135,178 | +€3,136 | +2.4% |
| Operating profit (loss) | 9901 | €70,600 | €97,238 | +€26,638 | +37.7% |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €2,648 | €1,503 | -€1,145 | -43.3% |
| Recurring financial charges | 65 | €2,648 | €1,503 | -€1,145 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €67,952 | €95,886 | +€27,934 | +41.1% |
| Income taxes | 67/77 | €19,873 | €26,599 | +€6,726 | +33.8% |
| Profit (loss) for the period | 9904 | €48,080 | €69,287 | +€21,207 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,080 | €69,287 | +€21,207 | +44.1% |
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 8 October 2026 via checked.be.