CEVINIP: 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.
CEVINIP
Largest movements
- Cash +€2,855
up €2,855 (+39.1%), from €7,309 to €10,164
mainly Net result for the year (+€18,385) and Stocks and contracts (+€913)
- Stocks and contracts -€913
down €913 (-60.4%), from €1,512 to €599
- Tangible fixed assets -€912
down €912 (-7.7%), from €11,884 to €10,972
- Profit (loss) carried forward +€18,385
up €18,385 (+17.1%), from -€107,469 to -€89,083
- Other debts -€16,327
down €16,327 (-15.5%), from €105,572 to €89,245
- Trade debts -€1,256
down €1,256 (-50.9%), from €2,469 to €1,213
- Accrued charges and deferred income +€228
up €228 (+37.8%), from €602 to €830
- Purchases and services -€14,586
down €14,586 (-29.3%), from €49,783 to €35,196
- Gross operating margin +€8,014
up €8,014 (+67.9%), from €11,809 to €19,822
- Turnover -€6,573
down €6,573 (-10.7%), from €61,591 to €55,019
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 | €20,706 | €21,735 | +€1,029 | +5.0% |
| Fixed assets | 21/28 | €11,884 | €10,972 | -€912 | -7.7% |
| Tangible fixed assets | 22/27 | €11,884 | €10,972 | -€912 | -7.7% |
| Land and buildings | 22 | €11,884 | €10,972 | -€912 | -7.7% |
| Current assets | 29/58 | €8,822 | €10,763 | +€1,941 | +22.0% |
| Stocks and contracts in progress | 3 | €1,512 | €599 | -€913 | -60.4% |
| Stocks | 30/36 | €1,512 | €599 | -€913 | -60.4% |
| Amounts receivable within one year | 40/41 | €1 | - | -€1 | |
| Other amounts receivable | 41 | €1 | - | -€1 | |
| Cash at bank and in hand | 54/58 | €7,309 | €10,164 | +€2,855 | +39.1% |
| Total equity and liabilities | 10/49 | €20,706 | €21,735 | +€1,029 | +5.0% |
| Equity | 10/15 | -€87,938 | -€69,552 | +€18,385 | +20.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €931 | €931 | = | 0.0% |
| Tax-exempt reserves | 132 | €931 | €931 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,469 | -€89,083 | +€18,385 | +17.1% |
| Amounts payable | 17/49 | €108,644 | €91,288 | -€17,356 | -16.0% |
| Amounts payable within one year | 42/48 | €108,042 | €90,458 | -€17,584 | -16.3% |
| Trade debts | 44 | €2,469 | €1,213 | -€1,256 | -50.9% |
| Suppliers | 440/4 | €2,469 | €1,213 | -€1,256 | -50.9% |
| Other amounts payable | 47/48 | €105,572 | €89,245 | -€16,327 | -15.5% |
| Accrued charges and deferred income | 492/3 | €602 | €830 | +€228 | +37.8% |
| Turnover | 70 | €61,591 | €55,019 | -€6,573 | -10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €49,783 | €35,196 | -€14,586 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €912 | €912 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €456 | +€69 | +17.7% |
| Gross operating margin | 9900 | €11,809 | €19,822 | +€8,014 | +67.9% |
| Operating profit (loss) | 9901 | €10,509 | €18,454 | +€7,945 | +75.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €298 | €69 | -€229 | -76.8% |
| Recurring financial charges | 65 | €298 | €69 | -€229 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €10,211 | €18,385 | +€8,174 | +80.0% |
| Profit (loss) for the period | 9904 | €10,211 | €18,385 | +€8,174 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,211 | €18,385 | +€8,174 | +80.0% |
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 1 October 2026 via checked.be.