CEVITAS: 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.
CEVITAS
Largest movements
- Receivables within one year +€34,936
up €34,936 (+22.7%), from €153,811 to €188,747
of which Other amounts receivable: +€48,786
- Short-term financial debts +€80,000
up €80,000 (+114.3%), from €70,000 to €150,000
- Trade debts -€44,655
down €44,655 (-95.5%), from €46,759 to €2,104
- Other debts -€5,000
down €5,000 (-94.7%), from €5,281 to €281
- Profit (loss) carried forward +€2,906
up €2,906 (+4.8%), from €59,980 to €62,886
- Gross operating margin -€14,281
down €14,281 (-46.6%), from €30,676 to €16,394
- Financial income +€2,919
new in 2025: €2,919
- Taxes -€2,575
down €2,575 (-46.4%), from €5,552 to €2,977
- Financial charges -€2,539
down €2,539 (-17.6%), from €14,438 to €11,899
- Other operating charges +€623
up €623 (+68.6%), from €908 to €1,531
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 | €222,479 | €257,787 | +€35,308 | +15.9% |
| Fixed assets | 21/28 | €2,420 | €2,420 | = | 0.0% |
| Financial fixed assets | 28 | €2,420 | €2,420 | = | 0.0% |
| Current assets | 29/58 | €220,059 | €255,367 | +€35,308 | +16.0% |
| Stocks and contracts in progress | 3 | €65,967 | €66,290 | +€323 | +0.5% |
| Stocks | 30/36 | €65,967 | €66,290 | +€323 | +0.5% |
| Amounts receivable within one year | 40/41 | €153,811 | €188,747 | +€34,936 | +22.7% |
| Trade receivables | 40 | €79,515 | €65,665 | -€13,850 | -17.4% |
| Other amounts receivable | 41 | €74,296 | €123,082 | +€48,786 | +65.7% |
| Cash at bank and in hand | 54/58 | €281 | €330 | +€49 | +17.4% |
| Total equity and liabilities | 10/49 | €222,479 | €257,787 | +€35,308 | +15.9% |
| Equity | 10/15 | €92,980 | €95,886 | +€2,906 | +3.1% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,980 | €62,886 | +€2,906 | +4.8% |
| Amounts payable | 17/49 | €129,499 | €161,901 | +€32,402 | +25.0% |
| Amounts payable within one year | 42/48 | €129,499 | €161,901 | +€32,402 | +25.0% |
| Financial debts | 43 | €70,000 | €150,000 | +€80,000 | +114.3% |
| Credit institutions | 430/8 | €70,000 | €150,000 | +€80,000 | +114.3% |
| Trade debts | 44 | €46,759 | €2,104 | -€44,655 | -95.5% |
| Suppliers | 440/4 | €46,759 | €2,104 | -€44,655 | -95.5% |
| Taxes, remuneration and social security | 45 | €7,460 | €9,516 | +€2,056 | +27.6% |
| Taxes | 450/3 | €6,556 | €8,612 | +€2,056 | +31.4% |
| Remuneration and social security | 454/9 | €903 | €903 | = | 0.0% |
| Other amounts payable | 47/48 | €5,281 | €281 | -€5,000 | -94.7% |
| Remuneration, social security and pensions | 62 | €301 | - | -€301 | |
| Other operating charges | 640/8 | €908 | €1,531 | +€623 | +68.6% |
| Gross operating margin | 9900 | €30,676 | €16,394 | -€14,281 | -46.6% |
| Operating profit (loss) | 9901 | €29,467 | €14,863 | -€14,604 | -49.6% |
| Financial income | 75/76B | - | €2,919 | +€2,919 | |
| Recurring financial income | 75 | - | €2,919 | +€2,919 | |
| Financial charges | 65/66B | €14,438 | €11,899 | -€2,539 | -17.6% |
| Recurring financial charges | 65 | €14,438 | €11,899 | -€2,539 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €15,028 | €5,883 | -€9,146 | -60.9% |
| Income taxes | 67/77 | €5,552 | €2,977 | -€2,575 | -46.4% |
| Profit (loss) for the period | 9904 | €9,476 | €2,906 | -€6,570 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,476 | €2,906 | -€6,570 | -69.3% |
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 8 October 2026 via checked.be.