CeWiTech: what changed
What changed
CeWiTech
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€55,748
2024 · €55,122+€626
Equity
€148,586
2024 · €92,839+€55,748
Cash
€58,322
2024 · €93,196-€34,874
Balance sheet total
€175,359
2024 · €118,059+€57,300
Largest movements
Assets
- Current investments +€100,000
new in 2025: €100,000
- Cash -€34,874
down €34,874 (-37.4%), from €93,196 to €58,322
mainly Current investments (-€100,000) and Smaller working-capital items (-€106)
- Receivables within one year -€7,410
down €7,410 (-30.9%), from €24,010 to €16,600
Equity and liabilities
- Reserves +€55,748
up €55,748 (+61.7%), from €90,339 to €146,086
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€55,122
Gross operating margin
+€257
Other operating charges
+€461
Financial income
-€18
Financial charges
-€49
Taxes
-€26
Result 2025
€55,748
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€65,126
Investment
-€100,000
Financing
€0
Cash 2024
€93,196
From operations (derived)
+€65,126
Net result for the year
+€55,748
Depreciation
+€415
Receivables within one year
+€7,410
Smaller working-capital items
-€106
Other debts
+€1,243
Accrued charges and deferred income
+€416
Investment (derived)
-€100,000
Current investments
-€100,000
Cash 2025
€58,322
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,059 | €175,359 | +€57,300 | +48.5% |
| Fixed assets | 21/28 | €853 | €437 | -€415 | -48.7% |
| Tangible fixed assets | 22/27 | €853 | €437 | -€415 | -48.7% |
| Plant, machinery and equipment | 23 | €853 | €437 | -€415 | -48.7% |
| Current assets | 29/58 | €117,206 | €174,922 | +€57,715 | +49.2% |
| Amounts receivable within one year | 40/41 | €24,010 | €16,600 | -€7,410 | -30.9% |
| Trade receivables | 40 | €24,010 | €16,600 | -€7,410 | -30.9% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €93,196 | €58,322 | -€34,874 | -37.4% |
| Total equity and liabilities | 10/49 | €118,059 | €175,359 | +€57,300 | +48.5% |
| Equity | 10/15 | €92,839 | €148,586 | +€55,748 | +60.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €90,339 | €146,086 | +€55,748 | +61.7% |
| Distributable reserves | 133 | €90,339 | €146,086 | +€55,748 | +61.7% |
| Amounts payable | 17/49 | €25,220 | €26,772 | +€1,552 | +6.2% |
| Amounts payable within one year | 42/48 | €23,988 | €25,125 | +€1,136 | +4.7% |
| Trade debts | 44 | €152 | €100 | -€52 | -34.0% |
| Suppliers | 440/4 | €152 | €100 | -€52 | -34.0% |
| Taxes, remuneration and social security | 45 | €19,220 | €19,165 | -€55 | -0.3% |
| Taxes | 450/3 | €19,220 | €19,165 | -€55 | -0.3% |
| Other amounts payable | 47/48 | €4,616 | €5,859 | +€1,243 | +26.9% |
| Accrued charges and deferred income | 492/3 | €1,232 | €1,648 | +€416 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415 | €415 | = | 0.0% |
| Other operating charges | 640/8 | €472 | €11 | -€461 | -97.7% |
| Gross operating margin | 9900 | €70,025 | €70,283 | +€257 | +0.4% |
| Operating profit (loss) | 9901 | €69,138 | €69,856 | +€718 | +1.0% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €86 | €134 | +€49 | +56.8% |
| Recurring financial charges | 65 | €86 | €134 | +€49 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €69,070 | €69,722 | +€652 | +0.9% |
| Income taxes | 67/77 | €13,949 | €13,975 | +€26 | +0.2% |
| Profit (loss) for the period | 9904 | €55,122 | €55,748 | +€626 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,122 | €55,748 | +€626 | +1.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.