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 -€125,817
down €125,817 (-5.0%), from €2.5m to €2.4m
of which Land and buildings: -€99,799
- Cash +€95,008
up €95,008 (+1313.1%), from €7,236 to €102,243
mainly Depreciation (+€129,042) and Net result for the year (+€127,333)
- Receivables within one year +€65,310
up €65,310 (+15.8%), from €412,087 to €477,397
of which Trade receivables: +€80,000
- Reserves +€126,938
up €126,938 (+156.8%), from €80,961 to €207,899
of which Distributable reserves: +€129,000
- Debts after one year -€103,546
down €103,546 (-12.0%), from €860,260 to €756,714
- Depreciation -€89,801
down €89,801 (-41.0%), from €218,843 to €129,042
- Taxes +€37,882
up €37,882 (+123.5%), from €30,679 to €68,561
- Gross operating margin +€35,380
up €35,380 (+10.0%), from €354,698 to €390,078
- Financial charges +€4,619
up €4,619 (+9.7%), from €47,555 to €52,174
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 | €2,961,042 | €2,992,650 | +€31,608 | +1.1% |
| Fixed assets | 21/28 | €2,537,154 | €2,411,337 | -€125,817 | -5.0% |
| Tangible fixed assets | 22/27 | €2,537,154 | €2,411,337 | -€125,817 | -5.0% |
| Land and buildings | 22 | €2,386,636 | €2,286,837 | -€99,799 | -4.2% |
| Plant, machinery and equipment | 23 | €886 | €39 | -€847 | -95.6% |
| Furniture and vehicles | 24 | €1,507 | €1,023 | -€484 | -32.1% |
| Leasing and similar rights | 25 | €148,126 | €123,438 | -€24,688 | -16.7% |
| Current assets | 29/58 | €423,888 | €581,313 | +€157,425 | +37.1% |
| Amounts receivable within one year | 40/41 | €412,087 | €477,397 | +€65,310 | +15.8% |
| Trade receivables | 40 | €60,000 | €140,000 | +€80,000 | +133.3% |
| Other amounts receivable | 41 | €352,087 | €337,397 | -€14,690 | -4.2% |
| Cash at bank and in hand | 54/58 | €7,236 | €102,243 | +€95,008 | +1313.1% |
| Deferred charges and accrued income | 490/1 | €4,565 | €1,672 | -€2,893 | -63.4% |
| Total equity and liabilities | 10/49 | €2,961,042 | €2,992,650 | +€31,608 | +1.1% |
| Equity | 10/15 | €1,211,747 | €1,339,080 | +€127,333 | +10.5% |
| Contributions | 10/11 | €1,070,000 | €1,070,000 | = | 0.0% |
| Capital | 10 | €1,070,000 | €1,070,000 | = | 0.0% |
| Issued capital | 100 | €1,070,000 | €1,070,000 | = | 0.0% |
| Reserves | 13 | €80,961 | €207,899 | +€126,938 | +156.8% |
| Non-distributable reserves | 130/1 | €10,275 | €10,275 | = | 0.0% |
| Legal reserve | 130 | €10,275 | €10,275 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,686 | €20,624 | -€2,062 | -9.1% |
| Distributable reserves | 133 | €48,000 | €177,000 | +€129,000 | +268.8% |
| Profit (loss) carried forward | 14 | €60,785 | €61,181 | +€396 | +0.7% |
| Provisions and deferred taxes | 16 | €11,682 | €10,620 | -€1,062 | -9.1% |
| Deferred taxes | 168 | €11,682 | €10,620 | -€1,062 | -9.1% |
| Amounts payable | 17/49 | €1,737,613 | €1,642,950 | -€94,663 | -5.4% |
| Amounts payable after more than one year | 17 | €860,260 | €756,714 | -€103,546 | -12.0% |
| Financial debts | 170/4 | €860,260 | €756,714 | -€103,546 | -12.0% |
| Amounts payable within one year | 42/48 | €877,354 | €886,236 | +€8,883 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €102,157 | €103,546 | +€1,389 | +1.4% |
| Trade debts | 44 | €4,894 | €4,543 | -€351 | -7.2% |
| Suppliers | 440/4 | €4,894 | €4,543 | -€351 | -7.2% |
| Taxes, remuneration and social security | 45 | €13,470 | €31,001 | +€17,531 | +130.2% |
| Taxes | 450/3 | €13,470 | €31,001 | +€17,531 | +130.2% |
| Other amounts payable | 47/48 | €756,833 | €747,147 | -€9,687 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,843 | €129,042 | -€89,801 | -41.0% |
| Other operating charges | 640/8 | €13,504 | €14,353 | +€849 | +6.3% |
| Gross operating margin | 9900 | €354,698 | €390,078 | +€35,380 | +10.0% |
| Operating profit (loss) | 9901 | €122,350 | €246,683 | +€124,333 | +101.6% |
| Financial income | 75/76B | €909 | €324 | -€585 | -64.3% |
| Recurring financial income | 75 | €909 | €324 | -€585 | -64.3% |
| Financial charges | 65/66B | €47,555 | €52,174 | +€4,619 | +9.7% |
| Recurring financial charges | 65 | €47,555 | €52,174 | +€4,619 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €75,704 | €194,832 | +€119,128 | +157.4% |
| Transfer from deferred taxes | 780 | €1,062 | €1,062 | = | 0.0% |
| Income taxes | 67/77 | €30,679 | €68,561 | +€37,882 | +123.5% |
| Profit (loss) for the period | 9904 | €46,087 | €127,333 | +€81,246 | +176.3% |
| Transfer from tax-exempt reserves | 789 | €2,062 | €2,062 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,149 | €129,396 | +€81,246 | +168.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.