CEVO PEDIATRICS: 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.
CEVO PEDIATRICS
Largest movements
- Cash -€112,206
down €112,206 (-85.8%), from €130,716 to €18,510
mainly Net result for the year (-€41,407) and Tax, wage and social debts (-€32,489)
- Receivables within one year +€27,706
new in 2025: €27,706
- Tangible fixed assets +€1,870
up €1,870 (+12.7%), from €14,770 to €16,640
- Profit (loss) carried forward -€41,407
down €41,407 (-86.2%), from €48,014 to €6,607
- Tax, wage and social debts -€32,489
down €32,489 (-83.1%), from €39,107 to €6,618
of which Taxes: -€19,948
- Current portion of long-term debt -€13,171
no longer reported in 2025 (was €13,171)
- Debts after one year +€5,971
up €5,971 (+24.9%), from €23,971 to €29,942
- Gross operating margin -€61,682
down €61,682, from €26,849 to -€34,834
- Taxes -€6,160
down €6,160 (-95.8%), from €6,432 to €272
- Depreciation +€2,541
up €2,541 (+152%), from €1,674 to €4,215
- Other operating charges +€1,293
new in 2025: €1,293
- Financial income +€774
new in 2025: €774
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 | €145,486 | €63,627 | -€81,859 | -56.3% |
| Fixed assets | 21/28 | €14,770 | €16,640 | +€1,870 | +12.7% |
| Tangible fixed assets | 22/27 | €14,770 | €16,640 | +€1,870 | +12.7% |
| Furniture and vehicles | 24 | €14,770 | €16,640 | +€1,870 | +12.7% |
| Current assets | 29/58 | €130,716 | €46,987 | -€83,729 | -64.1% |
| Amounts receivable within one year | 40/41 | - | €27,706 | +€27,706 | |
| Other amounts receivable | 41 | - | €27,706 | +€27,706 | |
| Cash at bank and in hand | 54/58 | €130,716 | €18,510 | -€112,206 | -85.8% |
| Deferred charges and accrued income | 490/1 | - | €772 | +€772 | |
| Total equity and liabilities | 10/49 | €145,486 | €63,627 | -€81,859 | -56.3% |
| Equity | 10/15 | €68,474 | €27,067 | -€41,407 | -60.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,014 | €6,607 | -€41,407 | -86.2% |
| Amounts payable | 17/49 | €77,013 | €36,560 | -€40,452 | -52.5% |
| Amounts payable after more than one year | 17 | €23,971 | €29,942 | +€5,971 | +24.9% |
| Financial debts | 170/4 | €23,971 | €29,942 | +€5,971 | +24.9% |
| Amounts payable within one year | 42/48 | €53,042 | €6,618 | -€46,424 | -87.5% |
| Current portion of amounts payable after more than one year | 42 | €13,171 | - | -€13,171 | |
| Trade debts | 44 | €192 | - | -€192 | |
| Suppliers | 440/4 | €192 | - | -€192 | |
| Taxes, remuneration and social security | 45 | €39,107 | €6,618 | -€32,489 | -83.1% |
| Taxes | 450/3 | €26,566 | €6,618 | -€19,948 | -75.1% |
| Remuneration and social security | 454/9 | €12,541 | - | -€12,541 | |
| Other amounts payable | 47/48 | €572 | - | -€572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €4,215 | +€2,541 | +152% |
| Other operating charges | 640/8 | - | €1,293 | +€1,293 | |
| Gross operating margin | 9900 | €26,849 | -€34,834 | -€61,682 | |
| Operating profit (loss) | 9901 | €25,175 | -€40,341 | -€65,516 | |
| Financial income | 75/76B | - | €774 | +€774 | |
| Recurring financial income | 75 | - | €774 | +€774 | |
| Financial charges | 65/66B | €1,696 | €1,568 | -€128 | -7.6% |
| Recurring financial charges | 65 | €1,696 | €1,568 | -€128 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €23,479 | -€41,135 | -€64,614 | |
| Income taxes | 67/77 | €6,432 | €272 | -€6,160 | -95.8% |
| Profit (loss) for the period | 9904 | €17,047 | -€41,407 | -€58,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,047 | -€41,407 | -€58,454 |
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 26 October 2026 via checked.be.