CEVIRAN: 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.
CEVIRAN
Largest movements
- Cash -€105,253
down €105,253 (-89.2%), from €117,943 to €12,690
mainly Receivables within one year (-€62,167) and Contributions, distributions and other (-€54,300)
- Receivables within one year +€62,167
up €62,167 (+888%), from €7,000 to €69,167
of which Trade receivables: +€37,147
- Deferred charges and accrued income +€12,855
up €12,855 (+1,022%), from €1,258 to €14,113
- Current investments +€9,451
up €9,451 (+5.7%), from €165,717 to €175,168
- Receivables after one year +€9,243
up €9,243 (+37.1%), from €24,892 to €34,135
- Other debts +€60,159
up €60,159 (+681%), from €8,833 to €68,992
- Reserves -€32,500
down €32,500 (-21.4%), from €152,160 to €119,660
- Debts after one year -€22,515
down €22,515 (-32.0%), from €70,256 to €47,742
- Tax, wage and social debts -€18,353
down €18,353 (-48.6%), from €37,763 to €19,410
- Gross operating margin -€50,899
down €50,899 (-63.6%), from €79,996 to €29,097
- Taxes -€13,327
down €13,327 (-57.7%), from €23,091 to €9,764
- Other operating charges -€2,033
down €2,033 (-68.7%), from €2,958 to €925
- Financial income +€1,125
up €1,125 (+27.3%), from €4,126 to €5,252
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.
Derived cash bridge
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 | €319,796 | €306,966 | -€12,830 | -4.0% |
| Fixed assets | 21/28 | €2,987 | €1,693 | -€1,294 | -43.3% |
| Tangible fixed assets | 22/27 | €37 | €1,693 | +€1,656 | +4,513% |
| Furniture and vehicles | 24 | €37 | €1,693 | +€1,656 | +4,513% |
| Financial fixed assets | 28 | €2,950 | - | -€2,950 | |
| Current assets | 29/58 | €316,809 | €305,273 | -€11,536 | -3.6% |
| Amounts receivable after more than one year | 29 | €24,892 | €34,135 | +€9,243 | +37.1% |
| Other amounts receivable | 291 | €24,892 | €34,135 | +€9,243 | +37.1% |
| Amounts receivable within one year | 40/41 | €7,000 | €69,167 | +€62,167 | +888% |
| Trade receivables | 40 | - | €37,147 | +€37,147 | |
| Other amounts receivable | 41 | €7,000 | €32,020 | +€25,020 | +357% |
| Current investments | 50/53 | €165,717 | €175,168 | +€9,451 | +5.7% |
| Cash at bank and in hand | 54/58 | €117,943 | €12,690 | -€105,253 | -89.2% |
| Deferred charges and accrued income | 490/1 | €1,258 | €14,113 | +€12,855 | +1,022% |
| Total equity and liabilities | 10/49 | €319,796 | €306,966 | -€12,830 | -4.0% |
| Equity | 10/15 | €178,284 | €145,803 | -€32,481 | -18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,160 | €119,660 | -€32,500 | -21.4% |
| Distributable reserves | 133 | €152,160 | €119,660 | -€32,500 | -21.4% |
| Profit (loss) carried forward | 14 | €19,924 | €19,943 | +€19 | +0.1% |
| Amounts payable | 17/49 | €141,512 | €161,162 | +€19,651 | +13.9% |
| Amounts payable after more than one year | 17 | €70,256 | €47,742 | -€22,515 | -32.0% |
| Financial debts | 170/4 | €70,256 | €47,742 | -€22,515 | -32.0% |
| Amounts payable within one year | 42/48 | €71,255 | €113,421 | +€42,165 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €22,258 | €22,515 | +€256 | +1.2% |
| Trade debts | 44 | €2,401 | €2,504 | +€103 | +4.3% |
| Suppliers | 440/4 | €2,401 | €2,504 | +€103 | +4.3% |
| Taxes, remuneration and social security | 45 | €37,763 | €19,410 | -€18,353 | -48.6% |
| Taxes | 450/3 | €37,763 | €19,410 | -€18,353 | -48.6% |
| Other amounts payable | 47/48 | €8,833 | €68,992 | +€60,159 | +681% |
| Non-recurring operating income | 76A | €87,697 | €300 | -€87,397 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €159 | -€258 | -61.8% |
| Other operating charges | 640/8 | €2,958 | €925 | -€2,033 | -68.7% |
| Non-recurring operating charges | 66A | €2,531 | - | -€2,531 | |
| Gross operating margin | 9900 | €79,996 | €29,097 | -€50,899 | -63.6% |
| Operating profit (loss) | 9901 | €74,090 | €28,013 | -€46,077 | -62.2% |
| Financial income | 75/76B | €4,126 | €5,252 | +€1,125 | +27.3% |
| Recurring financial income | 75 | €4,126 | €5,252 | +€1,125 | +27.3% |
| Financial charges | 65/66B | €1,624 | €1,682 | +€58 | +3.6% |
| Recurring financial charges | 65 | €1,624 | €1,682 | +€58 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €76,592 | €31,583 | -€45,009 | -58.8% |
| Income taxes | 67/77 | €23,091 | €9,764 | -€13,327 | -57.7% |
| Profit (loss) for the period | 9904 | €53,501 | €21,819 | -€31,682 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,501 | €21,819 | -€31,682 | -59.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.