CEVADA: 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.
CEVADA
Largest movements
- Cash +€33,993
up €33,993 (+668.4%), from €5,086 to €39,080
mainly Depreciation (+€41,250) and Debts after one year (+€20,754)
- Tangible fixed assets -€30,638
down €30,638 (-6.0%), from €511,678 to €481,040
of which Land and buildings: -€30,323
- Trade debts -€21,776
down €21,776 (-77.5%), from €28,101 to €6,325
- Debts after one year +€20,754
up €20,754 (+4.1%), from €501,510 to €522,264
of which Financial debts: +€20,754
- Other debts +€8,018
up €8,018 (+5.3%), from €151,480 to €159,498
- Gross operating margin +€32,210
up €32,210 (+62.4%), from €51,582 to €83,792
- Taxes +€4,839
up €4,839 (+184.3%), from €2,625 to €7,464
- Financial charges +€4,491
up €4,491 (+38.2%), from €11,762 to €16,253
- Financial income -€1,216
down €1,216 (-22.4%), from €5,433 to €4,217
- Other operating charges +€901
up €901 (+63.5%), from €1,418 to €2,319
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 | €743,335 | €754,022 | +€10,686 | +1.4% |
| Fixed assets | 21/28 | €513,678 | €483,040 | -€30,638 | -6.0% |
| Tangible fixed assets | 22/27 | €511,678 | €481,040 | -€30,638 | -6.0% |
| Land and buildings | 22 | €511,080 | €480,757 | -€30,323 | -5.9% |
| Furniture and vehicles | 24 | €598 | €282 | -€316 | -52.8% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €229,657 | €270,982 | +€41,325 | +18.0% |
| Amounts receivable within one year | 40/41 | €207,010 | €211,977 | +€4,967 | +2.4% |
| Trade receivables | 40 | €63,260 | €30,125 | -€33,135 | -52.4% |
| Other amounts receivable | 41 | €143,750 | €181,852 | +€38,102 | +26.5% |
| Current investments | 50/53 | €5,115 | €7,170 | +€2,055 | +40.2% |
| Cash at bank and in hand | 54/58 | €5,086 | €39,080 | +€33,993 | +668.4% |
| Deferred charges and accrued income | 490/1 | €12,445 | €12,755 | +€310 | +2.5% |
| Total equity and liabilities | 10/49 | €743,335 | €754,022 | +€10,686 | +1.4% |
| Equity | 10/15 | €26,182 | €26,904 | +€722 | +2.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €11,182 | €11,904 | +€722 | +6.5% |
| Distributable reserves | 133 | €11,182 | €11,904 | +€722 | +6.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €717,153 | €727,118 | +€9,965 | +1.4% |
| Amounts payable after more than one year | 17 | €501,510 | €522,264 | +€20,754 | +4.1% |
| Financial debts | 170/4 | €501,510 | €522,264 | +€20,754 | +4.1% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €214,250 | €203,541 | -€10,709 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €23,645 | €28,455 | +€4,811 | +20.3% |
| Credit institutions | 430/8 | €23,645 | €28,455 | +€4,811 | +20.3% |
| Trade debts | 44 | €28,101 | €6,325 | -€21,776 | -77.5% |
| Suppliers | 440/4 | €28,101 | €6,325 | -€21,776 | -77.5% |
| Taxes, remuneration and social security | 45 | €11,025 | €9,263 | -€1,762 | -16.0% |
| Taxes | 450/3 | €11,025 | €9,263 | -€1,762 | -16.0% |
| Other amounts payable | 47/48 | €151,480 | €159,498 | +€8,018 | +5.3% |
| Accrued charges and deferred income | 492/3 | €1,393 | €1,313 | -€81 | -5.8% |
| Non-recurring operating income | 76A | €2,360 | €0 | -€2,360 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,703 | €41,250 | +€547 | +1.3% |
| Other operating charges | 640/8 | €1,418 | €2,319 | +€901 | +63.5% |
| Non-recurring operating charges | 66A | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | €51,582 | €83,792 | +€32,210 | +62.4% |
| Operating profit (loss) | 9901 | €9,073 | €40,223 | +€31,150 | +343.3% |
| Financial income | 75/76B | €5,433 | €4,217 | -€1,216 | -22.4% |
| Recurring financial income | 75 | €5,433 | €4,217 | -€1,216 | -22.4% |
| Financial charges | 65/66B | €11,762 | €16,253 | +€4,491 | +38.2% |
| Recurring financial charges | 65 | €11,762 | €16,253 | +€4,491 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €2,744 | €28,186 | +€25,442 | +927.1% |
| Income taxes | 67/77 | €2,625 | €7,464 | +€4,839 | +184.3% |
| Profit (loss) for the period | 9904 | €119 | €20,722 | +€20,603 | +17328.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119 | €20,722 | +€20,603 | +17328.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.