Cézamé: 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.
Cézamé
Largest movements
- Cash +€109,813
up €109,813 (+601%), from €18,261 to €128,073
mainly Stocks and contracts (+€93,920) and Net result for the year (+€79,102)
- Stocks and contracts -€93,920
down €93,920 (-28.1%), from €334,543 to €240,622
of which Stocks: -€90,068
- Tangible fixed assets -€14,603
down €14,603 (-22.1%), from €66,195 to €51,592
of which Leasing and similar rights: -€14,708
- Other debts +€30,000
up €30,000 (+300%), from €10,000 to €40,000
- Reserves -€27,663
down €27,663 (-31.2%), from €88,587 to €60,924
- Debts after one year -€13,272
down €13,272 (-29.9%), from €44,386 to €31,114
- Trade debts +€6,711
up €6,711 (+624%), from €1,075 to €7,786
- Tax, wage and social debts +€6,711
up €6,711 (+59.3%), from €11,319 to €18,030
of which Taxes: +€7,791
- Gross operating margin +€69,100
up €69,100 (+99.6%), from €69,369 to €138,469
- Financial charges +€13,516
up €13,516 (+285%), from €4,750 to €18,266
- Taxes +€13,446
up €13,446 (+120%), from €11,235 to €24,680
- Depreciation +€2,812
up €2,812 (+20.4%), from €13,797 to €16,609
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 | €444,473 | €447,850 | +€3,377 | +0.8% |
| Fixed assets | 21/28 | €66,195 | €51,592 | -€14,603 | -22.1% |
| Tangible fixed assets | 22/27 | €66,195 | €51,592 | -€14,603 | -22.1% |
| Plant, machinery and equipment | 23 | €1,596 | €1,421 | -€175 | -11.0% |
| Furniture and vehicles | 24 | €2,915 | €3,195 | +€280 | +9.6% |
| Leasing and similar rights | 25 | €61,685 | €46,977 | -€14,708 | -23.8% |
| Current assets | 29/58 | €378,278 | €396,258 | +€17,980 | +4.8% |
| Stocks and contracts in progress | 3 | €334,543 | €240,622 | -€93,920 | -28.1% |
| Stocks | 30/36 | €320,820 | €230,752 | -€90,068 | -28.1% |
| Contracts in progress | 37 | €13,723 | €9,870 | -€3,853 | -28.1% |
| Amounts receivable within one year | 40/41 | €25,426 | €24,091 | -€1,335 | -5.2% |
| Trade receivables | 40 | €18,186 | €22,624 | +€4,438 | +24.4% |
| Other amounts receivable | 41 | €7,239 | €1,467 | -€5,772 | -79.7% |
| Cash at bank and in hand | 54/58 | €18,261 | €128,073 | +€109,813 | +601% |
| Deferred charges and accrued income | 490/1 | €49 | €3,471 | +€3,422 | +7,018% |
| Total equity and liabilities | 10/49 | €444,473 | €447,850 | +€3,377 | +0.8% |
| Equity | 10/15 | €107,187 | €79,524 | -€27,663 | -25.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,587 | €60,924 | -€27,663 | -31.2% |
| Distributable reserves | 133 | €88,587 | €60,924 | -€27,663 | -31.2% |
| Amounts payable | 17/49 | €337,286 | €368,325 | +€31,040 | +9.2% |
| Amounts payable after more than one year | 17 | €44,386 | €31,114 | -€13,272 | -29.9% |
| Financial debts | 170/4 | €44,386 | €31,114 | -€13,272 | -29.9% |
| Amounts payable within one year | 42/48 | €291,025 | €335,088 | +€44,063 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €268,630 | €269,272 | +€642 | +0.2% |
| Trade debts | 44 | €1,075 | €7,786 | +€6,711 | +624% |
| Suppliers | 440/4 | €1,075 | €7,786 | +€6,711 | +624% |
| Taxes, remuneration and social security | 45 | €11,319 | €18,030 | +€6,711 | +59.3% |
| Taxes | 450/3 | €7,102 | €14,893 | +€7,791 | +110% |
| Remuneration and social security | 454/9 | €4,217 | €3,137 | -€1,080 | -25.6% |
| Other amounts payable | 47/48 | €10,000 | €40,000 | +€30,000 | +300% |
| Accrued charges and deferred income | 492/3 | €1,875 | €2,123 | +€248 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,797 | €16,609 | +€2,812 | +20.4% |
| Gross operating margin | 9900 | €69,369 | €138,469 | +€69,100 | +99.6% |
| Operating profit (loss) | 9901 | €55,572 | €121,860 | +€66,288 | +119% |
| Financial income | 75/76B | €354 | €189 | -€165 | -46.7% |
| Recurring financial income | 75 | €354 | €189 | -€165 | -46.7% |
| Financial charges | 65/66B | €4,750 | €18,266 | +€13,516 | +285% |
| Recurring financial charges | 65 | €4,750 | €18,266 | +€13,516 | +285% |
| Profit (loss) for the period before taxes | 9903 | €51,176 | €103,782 | +€52,607 | +103% |
| Income taxes | 67/77 | €11,235 | €24,680 | +€13,446 | +120% |
| Profit (loss) for the period | 9904 | €39,941 | €79,102 | +€39,161 | +98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,941 | €79,102 | +€39,161 | +98.0% |
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.