CEVIK CONSTRUCT: 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.
CEVIK CONSTRUCT
Largest movements
- Receivables within one year +€39,209
up €39,209 (+51.2%), from €76,509 to €115,717
of which Other amounts receivable: +€20,704
- Tangible fixed assets +€1,550
up €1,550 (+242.8%), from €638 to €2,188
- Profit (loss) carried forward +€54,230
up €54,230 (+95.3%), from €56,884 to €111,114
- Tax, wage and social debts -€14,301
no longer reported in 2025 (was €14,301)
- Gross operating margin +€88,509
up €88,509 (+345.1%), from €25,648 to €114,157
- Staff costs +€40,456
up €40,456 (+239.1%), from €16,920 to €57,376
- Financial charges -€3,439
down €3,439 (-85.5%), from €4,023 to €584
- Other operating charges -€1,795
down €1,795 (-85.4%), from €2,102 to €307
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 | €88,113 | €128,278 | +€40,165 | +45.6% |
| Fixed assets | 21/28 | €11,092 | €12,438 | +€1,346 | +12.1% |
| Tangible fixed assets | 22/27 | €638 | €2,188 | +€1,550 | +242.8% |
| Plant, machinery and equipment | 23 | €638 | €2,188 | +€1,550 | +242.8% |
| Financial fixed assets | 28 | €10,454 | €10,250 | -€204 | -1.9% |
| Current assets | 29/58 | €77,021 | €115,840 | +€38,819 | +50.4% |
| Amounts receivable within one year | 40/41 | €76,509 | €115,717 | +€39,209 | +51.2% |
| Trade receivables | 40 | €5,715 | €24,220 | +€18,505 | +323.8% |
| Other amounts receivable | 41 | €70,794 | €91,497 | +€20,704 | +29.2% |
| Cash at bank and in hand | 54/58 | €512 | €123 | -€390 | -76.1% |
| Total equity and liabilities | 10/49 | €88,113 | €128,278 | +€40,165 | +45.6% |
| Equity | 10/15 | €60,884 | €115,114 | +€54,230 | +89.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,884 | €111,114 | +€54,230 | +95.3% |
| Amounts payable | 17/49 | €27,229 | €13,164 | -€14,065 | -51.7% |
| Amounts payable within one year | 42/48 | €27,229 | €13,164 | -€14,065 | -51.7% |
| Trade debts | 44 | €12,928 | €13,164 | +€237 | +1.8% |
| Suppliers | 440/4 | €12,928 | €13,164 | +€237 | +1.8% |
| Taxes, remuneration and social security | 45 | €14,301 | - | -€14,301 | |
| Taxes | 450/3 | €14,301 | - | -€14,301 | |
| Remuneration, social security and pensions | 62 | €16,920 | €57,376 | +€40,456 | +239.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €805 | +€338 | +72.4% |
| Other operating charges | 640/8 | €2,102 | €307 | -€1,795 | -85.4% |
| Gross operating margin | 9900 | €25,648 | €114,157 | +€88,509 | +345.1% |
| Operating profit (loss) | 9901 | €6,160 | €55,669 | +€49,509 | +803.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,023 | €584 | -€3,439 | -85.5% |
| Recurring financial charges | 65 | €4,023 | €584 | -€3,439 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €2,137 | €55,085 | +€52,948 | +2478.0% |
| Income taxes | 67/77 | - | €855 | +€855 | |
| Profit (loss) for the period | 9904 | €2,137 | €54,230 | +€52,094 | +2438.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,137 | €54,230 | +€52,094 | +2438.0% |
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 11 October 2026 via checked.be.