CEYLAN: 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.
CEYLAN
Largest movements
- Tangible fixed assets +€119,589
up €119,589 (+123.0%), from €97,233 to €216,823
of which Furniture and vehicles: +€103,109
- Cash -€117,160
down €117,160 (-29.6%), from €396,349 to €279,189
mainly Investment in fixed assets (net) (-€143,060) and Tax, wage and social debts (-€50,852)
- Stocks and contracts +€16,092
up €16,092 (+59.8%), from €26,889 to €42,981
- Receivables within one year +€8,625
up €8,625 (+102.5%), from €8,415 to €17,040
of which Other amounts receivable: +€5,894
- Debts after one year +€80,127
up €80,127 (+265.5%), from €30,177 to €110,304
- Tax, wage and social debts -€50,852
down €50,852 (-52.6%), from €96,643 to €45,791
of which Remuneration and social security: -€43,382
- Profit (loss) carried forward -€42,217
down €42,217 (-24.9%), from €169,616 to €127,399
- Trade debts +€19,715
up €19,715 (+10.7%), from €183,820 to €203,536
- Current portion of long-term debt +€19,166
up €19,166 (+145.1%), from €13,207 to €32,373
- Staff costs +€137,433
up €137,433 (+61.8%), from €222,361 to €359,794
- Gross operating margin +€83,970
up €83,970 (+28.2%), from €297,415 to €381,385
- Other operating charges +€17,562
up €17,562 (+255.3%), from €6,880 to €24,442
- Taxes -€8,328
no longer reported in 2025 (was €8,328)
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 | €537,639 | €562,610 | +€24,971 | +4.6% |
| Fixed assets | 21/28 | €102,633 | €222,223 | +€119,589 | +116.5% |
| Tangible fixed assets | 22/27 | €97,233 | €216,823 | +€119,589 | +123.0% |
| Plant, machinery and equipment | 23 | €32,272 | €50,298 | +€18,027 | +55.9% |
| Furniture and vehicles | 24 | €18,085 | €121,194 | +€103,109 | +570.1% |
| Other tangible fixed assets | 26 | €46,877 | €45,331 | -€1,546 | -3.3% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €435,006 | €340,388 | -€94,618 | -21.8% |
| Stocks and contracts in progress | 3 | €26,889 | €42,981 | +€16,092 | +59.8% |
| Stocks | 30/36 | €26,889 | €42,981 | +€16,092 | +59.8% |
| Amounts receivable within one year | 40/41 | €8,415 | €17,040 | +€8,625 | +102.5% |
| Trade receivables | 40 | €7,581 | €10,313 | +€2,731 | +36.0% |
| Other amounts receivable | 41 | €834 | €6,727 | +€5,894 | +706.8% |
| Cash at bank and in hand | 54/58 | €396,349 | €279,189 | -€117,160 | -29.6% |
| Deferred charges and accrued income | 490/1 | €3,353 | €1,178 | -€2,175 | -64.9% |
| Total equity and liabilities | 10/49 | €537,639 | €562,610 | +€24,971 | +4.6% |
| Equity | 10/15 | €212,824 | €170,606 | -€42,217 | -19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,608 | €24,608 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,346 | €1,346 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,346 | €1,346 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,262 | €23,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,616 | €127,399 | -€42,217 | -24.9% |
| Amounts payable | 17/49 | €324,815 | €392,004 | +€67,189 | +20.7% |
| Amounts payable after more than one year | 17 | €30,177 | €110,304 | +€80,127 | +265.5% |
| Financial debts | 170/4 | €30,177 | €110,304 | +€80,127 | +265.5% |
| Amounts payable within one year | 42/48 | €294,638 | €281,700 | -€12,938 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €13,207 | €32,373 | +€19,166 | +145.1% |
| Trade debts | 44 | €183,820 | €203,536 | +€19,715 | +10.7% |
| Suppliers | 440/4 | €183,820 | €203,536 | +€19,715 | +10.7% |
| Taxes, remuneration and social security | 45 | €96,643 | €45,791 | -€50,852 | -52.6% |
| Taxes | 450/3 | €51,536 | €44,066 | -€7,469 | -14.5% |
| Remuneration and social security | 454/9 | €45,107 | €1,725 | -€43,382 | -96.2% |
| Other amounts payable | 47/48 | €968 | - | -€968 | |
| Remuneration, social security and pensions | 62 | €222,361 | €359,794 | +€137,433 | +61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,842 | €23,470 | -€371 | -1.6% |
| Other operating charges | 640/8 | €6,880 | €24,442 | +€17,562 | +255.3% |
| Gross operating margin | 9900 | €297,415 | €381,385 | +€83,970 | +28.2% |
| Operating profit (loss) | 9901 | €44,332 | -€26,322 | -€70,654 | |
| Financial income | 75/76B | €3,337 | €1,197 | -€2,139 | -64.1% |
| Recurring financial income | 75 | €3,337 | €1,197 | -€2,139 | -64.1% |
| Financial charges | 65/66B | €14,356 | €17,093 | +€2,736 | +19.1% |
| Recurring financial charges | 65 | €14,356 | €17,093 | +€2,736 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €33,312 | -€42,217 | -€75,530 | |
| Income taxes | 67/77 | €8,328 | - | -€8,328 | |
| Profit (loss) for the period | 9904 | €24,984 | -€42,217 | -€67,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,984 | -€42,217 | -€67,201 |
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 7 October 2026 via checked.be.