Ceyan: 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.
Ceyan
Largest movements
- Cash +€41,906
up €41,906 (+113%), from €37,120 to €79,026
mainly Net result for the year (+€27,653) and Tax, wage and social debts (+€15,080)
- Tangible fixed assets +€3,489
up €3,489 (+185%), from €1,889 to €5,378
of which Furniture and vehicles: +€2,571
- Reserves +€27,653
up €27,653 (+79.6%), from €34,740 to €62,393
- Tax, wage and social debts +€15,080
up €15,080 (+88.7%), from €17,005 to €32,085
- Trade debts +€2,380
up €2,380 (+229%), from €1,038 to €3,418
- Gross operating margin -€5,826
down €5,826 (-12.1%), from €48,036 to €42,210
- Taxes -€1,319
down €1,319 (-14.5%), from €9,111 to €7,792
- Depreciation +€877
up €877 (+193%), from €454 to €1,331
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 | €57,782 | €102,895 | +€45,113 | +78.1% |
| Fixed assets | 21/28 | €1,889 | €5,378 | +€3,489 | +185% |
| Tangible fixed assets | 22/27 | €1,889 | €5,378 | +€3,489 | +185% |
| Plant, machinery and equipment | 23 | €1,889 | €2,808 | +€918 | +48.6% |
| Furniture and vehicles | 24 | - | €2,571 | +€2,571 | |
| Current assets | 29/58 | €55,893 | €97,517 | +€41,624 | +74.5% |
| Amounts receivable within one year | 40/41 | €18,773 | €18,491 | -€281 | -1.5% |
| Trade receivables | 40 | €17,524 | €17,787 | +€263 | +1.5% |
| Other amounts receivable | 41 | €1,249 | €704 | -€545 | -43.6% |
| Cash at bank and in hand | 54/58 | €37,120 | €79,026 | +€41,906 | +113% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €57,782 | €102,895 | +€45,113 | +78.1% |
| Equity | 10/15 | €39,740 | €67,393 | +€27,653 | +69.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,740 | €62,393 | +€27,653 | +79.6% |
| Distributable reserves | 133 | €34,740 | €62,393 | +€27,653 | +79.6% |
| Amounts payable | 17/49 | €18,042 | €35,503 | +€17,460 | +96.8% |
| Amounts payable within one year | 42/48 | €18,042 | €35,503 | +€17,460 | +96.8% |
| Trade debts | 44 | €1,038 | €3,418 | +€2,380 | +229% |
| Suppliers | 440/4 | €1,038 | €3,418 | +€2,380 | +229% |
| Taxes, remuneration and social security | 45 | €17,005 | €32,085 | +€15,080 | +88.7% |
| Taxes | 450/3 | €17,005 | €32,085 | +€15,080 | +88.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €1,331 | +€877 | +193% |
| Other operating charges | 640/8 | €273 | €235 | -€38 | -14.0% |
| Gross operating margin | 9900 | €48,036 | €42,210 | -€5,826 | -12.1% |
| Operating profit (loss) | 9901 | €47,308 | €40,644 | -€6,665 | -14.1% |
| Financial income | 75/76B | €98 | €68 | -€30 | -30.8% |
| Recurring financial income | 75 | €98 | €68 | -€30 | -30.8% |
| Financial charges | 65/66B | €5,571 | €5,266 | -€305 | -5.5% |
| Recurring financial charges | 65 | €5,571 | €5,266 | -€305 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €41,835 | €35,445 | -€6,390 | -15.3% |
| Income taxes | 67/77 | €9,111 | €7,792 | -€1,319 | -14.5% |
| Profit (loss) for the period | 9904 | €32,724 | €27,653 | -€5,071 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,724 | €27,653 | -€5,071 | -15.5% |
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 16 October 2026 via checked.be.