CEWECO: 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.
CEWECO
Largest movements
- Tangible fixed assets -€2,648
down €2,648 (-3.4%), from €77,244 to €74,597
of which Furniture and vehicles: -€1,571
- Cash -€1,798
down €1,798 (-74.3%), from €2,419 to €621
mainly Net result for the year (-€13,108) and Trade debts (-€4,179)
- Receivables within one year +€995
up €995 (+14.2%), from €7,009 to €8,004
of which Other amounts receivable: +€995
- Other debts +€15,348
up €15,348 (+14.3%), from €107,110 to €122,458
- Profit (loss) carried forward -€13,108
down €13,108 (-12.4%), from -€105,682 to -€118,790
- Trade debts -€4,179
down €4,179 (-18.5%), from €22,632 to €18,453
- Tax, wage and social debts -€1,256
down €1,256 (-90.0%), from €1,396 to €140
- Gross operating margin -€14,947
down €14,947, from €6,587 to -€8,360
- Other operating charges -€1,142
down €1,142 (-51.9%), from €2,199 to €1,058
- Depreciation -€157
down €157 (-5.3%), from €2,950 to €2,793
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 | €87,435 | €84,240 | -€3,195 | -3.7% |
| Fixed assets | 21/28 | €77,244 | €74,597 | -€2,648 | -3.4% |
| Tangible fixed assets | 22/27 | €77,244 | €74,597 | -€2,648 | -3.4% |
| Land and buildings | 22 | €70,188 | €70,188 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,670 | €593 | -€1,077 | -64.5% |
| Furniture and vehicles | 24 | €3,886 | €2,315 | -€1,571 | -40.4% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €10,190 | €9,643 | -€547 | -5.4% |
| Amounts receivable within one year | 40/41 | €7,009 | €8,004 | +€995 | +14.2% |
| Trade receivables | 40 | €7,009 | €7,009 | = | 0.0% |
| Other amounts receivable | 41 | - | €995 | +€995 | |
| Cash at bank and in hand | 54/58 | €2,419 | €621 | -€1,798 | -74.3% |
| Deferred charges and accrued income | 490/1 | €763 | €1,019 | +€256 | +33.6% |
| Total equity and liabilities | 10/49 | €87,435 | €84,240 | -€3,195 | -3.7% |
| Equity | 10/15 | -€43,703 | -€56,811 | -€13,108 | -30.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,779 | €55,779 | = | 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% |
| Distributable reserves | 133 | €53,919 | €53,919 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,682 | -€118,790 | -€13,108 | -12.4% |
| Amounts payable | 17/49 | €131,138 | €141,051 | +€9,913 | +7.6% |
| Amounts payable within one year | 42/48 | €131,138 | €141,051 | +€9,913 | +7.6% |
| Trade debts | 44 | €22,632 | €18,453 | -€4,179 | -18.5% |
| Suppliers | 440/4 | €22,632 | €18,453 | -€4,179 | -18.5% |
| Taxes, remuneration and social security | 45 | €1,396 | €140 | -€1,256 | -90.0% |
| Taxes | 450/3 | €1,396 | €140 | -€1,256 | -90.0% |
| Other amounts payable | 47/48 | €107,110 | €122,458 | +€15,348 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,950 | €2,793 | -€157 | -5.3% |
| Other operating charges | 640/8 | €2,199 | €1,058 | -€1,142 | -51.9% |
| Gross operating margin | 9900 | €6,587 | -€8,360 | -€14,947 | |
| Operating profit (loss) | 9901 | €1,437 | -€12,210 | -€13,648 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €802 | €758 | -€44 | -5.5% |
| Recurring financial charges | 65 | €802 | €758 | -€44 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €636 | -€12,968 | -€13,604 | |
| Income taxes | 67/77 | €134 | €140 | +€5 | +4.1% |
| Profit (loss) for the period | 9904 | €502 | -€13,108 | -€13,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €502 | -€13,108 | -€13,610 |
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 11 October 2026 via checked.be.