CEVACO: 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.
CEVACO
Largest movements
- Cash +€21,687
up €21,687 (+1943.8%), from €1,116 to €22,803
mainly Net result for the year (+€16,607) and Receivables within one year (+€8,085)
- Receivables within one year -€8,085
down €8,085 (-37.7%), from €21,451 to €13,367
of which Other amounts receivable: -€8,085
- Deferred charges and accrued income +€1,448
new in 2025: €1,448
- Reserves +€11,500
up €11,500 (+618.3%), from €1,860 to €13,360
of which Distributable reserves: +€11,500
- Tax, wage and social debts +€3,805
up €3,805 (+72.4%), from €5,254 to €9,059
of which Taxes: +€5,805
- Gross operating margin +€32,870
up €32,870, from -€11,067 to €21,803
- Taxes +€3,525
up €3,525 (+651.0%), from €541 to €4,067
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 | €22,567 | €37,617 | +€15,050 | +66.7% |
| Current assets | 29/58 | €22,567 | €37,617 | +€15,050 | +66.7% |
| Amounts receivable within one year | 40/41 | €21,451 | €13,367 | -€8,085 | -37.7% |
| Trade receivables | 40 | €586 | €586 | = | 0.0% |
| Other amounts receivable | 41 | €20,865 | €12,781 | -€8,085 | -38.7% |
| Cash at bank and in hand | 54/58 | €1,116 | €22,803 | +€21,687 | +1943.8% |
| Deferred charges and accrued income | 490/1 | - | €1,448 | +€1,448 | |
| Total equity and liabilities | 10/49 | €22,567 | €37,617 | +€15,050 | +66.7% |
| Equity | 10/15 | €16,471 | €28,078 | +€11,607 | +70.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,360 | +€11,500 | +618.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €11,500 | +€11,500 | |
| Profit (loss) carried forward | 14 | €2,211 | €2,318 | +€107 | +4.8% |
| Amounts payable | 17/49 | €6,095 | €9,539 | +€3,443 | +56.5% |
| Amounts payable within one year | 42/48 | €6,095 | €9,539 | +€3,443 | +56.5% |
| Trade debts | 44 | €692 | €330 | -€362 | -52.3% |
| Suppliers | 440/4 | €692 | €330 | -€362 | -52.3% |
| Taxes, remuneration and social security | 45 | €5,254 | €9,059 | +€3,805 | +72.4% |
| Taxes | 450/3 | €3,254 | €9,059 | +€5,805 | +178.4% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €150 | €150 | = | 0.0% |
| Other operating charges | 640/8 | €890 | €981 | +€91 | +10.3% |
| Gross operating margin | 9900 | -€11,067 | €21,803 | +€32,870 | |
| Operating profit (loss) | 9901 | -€11,957 | €20,822 | +€32,779 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +287.1% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +287.1% |
| Financial charges | 65/66B | €175 | €150 | -€25 | -14.4% |
| Recurring financial charges | 65 | €175 | €150 | -€25 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,132 | €20,673 | +€32,805 | |
| Income taxes | 67/77 | €541 | €4,067 | +€3,525 | +651.0% |
| Profit (loss) for the period | 9904 | -€12,673 | €16,607 | +€29,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,673 | €16,607 | +€29,280 |
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 9 October 2026 via checked.be.