CEYNA: 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.
CEYNA
Largest movements
- Cash +€69,466
up €69,466 (+85.9%), from €80,828 to €150,294
mainly Receivables within one year (+€37,969) and Net result for the year (+€29,754)
- Receivables within one year -€37,969
down €37,969 (-32.5%), from €116,731 to €78,762
of which Trade receivables: -€32,005
- Tangible fixed assets -€16,506
down €16,506 (-4.1%), from €406,711 to €390,206
of which Land and buildings: -€16,506
- Profit (loss) carried forward +€29,754
up €29,754 (+3.5%), from -€840,370 to -€810,616
- Other debts -€26,542
down €26,542 (-1.7%), from €1.5m to €1.5m
- Staff costs -€79,047
down €79,047 (-51.7%), from €153,020 to €73,973
- Gross operating margin +€17,512
up €17,512 (+14.9%), from €117,545 to €135,057
- Other operating charges +€2,152
up €2,152 (+17.1%), from €12,619 to €14,771
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 | €860,577 | €875,069 | +€14,492 | +1.7% |
| Fixed assets | 21/28 | €406,711 | €390,206 | -€16,506 | -4.1% |
| Tangible fixed assets | 22/27 | €406,711 | €390,206 | -€16,506 | -4.1% |
| Land and buildings | 22 | €406,711 | €390,206 | -€16,506 | -4.1% |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Current assets | 29/58 | €453,866 | €484,864 | +€30,997 | +6.8% |
| Stocks and contracts in progress | 3 | €228,583 | €228,583 | = | 0.0% |
| Stocks | 30/36 | €228,583 | €228,583 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €116,731 | €78,762 | -€37,969 | -32.5% |
| Trade receivables | 40 | €47,479 | €15,474 | -€32,005 | -67.4% |
| Other amounts receivable | 41 | €69,252 | €63,288 | -€5,963 | -8.6% |
| Cash at bank and in hand | 54/58 | €80,828 | €150,294 | +€69,466 | +85.9% |
| Deferred charges and accrued income | 490/1 | €27,725 | €27,225 | -€500 | -1.8% |
| Total equity and liabilities | 10/49 | €860,577 | €875,069 | +€14,492 | +1.7% |
| Equity | 10/15 | -€665,595 | -€635,841 | +€29,754 | +4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €156,183 | €156,183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €154,324 | €154,324 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€840,370 | -€810,616 | +€29,754 | +3.5% |
| Amounts payable | 17/49 | €1,526,172 | €1,510,910 | -€15,262 | -1.0% |
| Amounts payable within one year | 42/48 | €1,526,172 | €1,510,910 | -€15,262 | -1.0% |
| Trade debts | 44 | €193 | €7,692 | +€7,499 | +3885.5% |
| Suppliers | 440/4 | €193 | €7,692 | +€7,499 | +3885.5% |
| Taxes, remuneration and social security | 45 | - | €3,781 | +€3,781 | |
| Remuneration and social security | 454/9 | - | €3,781 | +€3,781 | |
| Other amounts payable | 47/48 | €1,525,979 | €1,499,438 | -€26,542 | -1.7% |
| Remuneration, social security and pensions | 62 | €153,020 | €73,973 | -€79,047 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,506 | €16,506 | = | 0.0% |
| Other operating charges | 640/8 | €12,619 | €14,771 | +€2,152 | +17.1% |
| Gross operating margin | 9900 | €117,545 | €135,057 | +€17,512 | +14.9% |
| Operating profit (loss) | 9901 | -€64,600 | €29,806 | +€94,407 | |
| Financial income | 75/76B | €627 | €0 | -€626 | -100.0% |
| Recurring financial income | 75 | €627 | €0 | -€626 | -100.0% |
| Financial charges | 65/66B | €114 | €53 | -€62 | -53.9% |
| Recurring financial charges | 65 | €114 | €53 | -€62 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | -€64,088 | €29,754 | +€93,842 | |
| Profit (loss) for the period | 9904 | -€64,088 | €29,754 | +€93,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,088 | €29,754 | +€93,842 |
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 30 September 2026 via checked.be.