CEZAROTRANS: 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.
CEZAROTRANS
Largest movements
- Receivables within one year -€68,977
down €68,977 (-32.2%), from €214,199 to €145,222
of which Other amounts receivable: -€38,933
- Tangible fixed assets -€18,496
down €18,496 (-27.6%), from €67,042 to €48,546
- Deferred charges and accrued income -€7,683
down €7,683 (-58.9%), from €13,037 to €5,354
- Tax, wage and social debts -€41,643
down €41,643 (-37.7%), from €110,501 to €68,857
of which Taxes: -€35,223
- Reserves +€40,000
up €40,000 (+70.3%), from €56,900 to €96,900
- Profit (loss) carried forward -€33,628
down €33,628 (-99.3%), from €33,854 to €226
- Other debts -€31,419
down €31,419 (-46.1%), from €68,085 to €36,667
- Trade debts -€24,948
down €24,948 (-51.2%), from €48,717 to €23,768
- Gross operating margin -€39,388
down €39,388 (-9.5%), from €414,839 to €375,451
- Staff costs +€12,522
up €12,522 (+5.1%), from €246,667 to €259,189
- Taxes -€10,398
down €10,398 (-26.9%), from €38,667 to €28,269
- Other operating charges -€6,004
down €6,004 (-60.0%), from €10,011 to €4,007
- Depreciation +€5,103
up €5,103 (+23.3%), from €21,862 to €26,965
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,676 | €250,476 | -€97,200 | -28.0% |
| Fixed assets | 21/28 | €111,122 | €91,621 | -€19,501 | -17.5% |
| Tangible fixed assets | 22/27 | €67,042 | €48,546 | -€18,496 | -27.6% |
| Furniture and vehicles | 24 | €67,042 | €48,546 | -€18,496 | -27.6% |
| Financial fixed assets | 28 | €44,080 | €43,075 | -€1,005 | -2.3% |
| Current assets | 29/58 | €236,554 | €158,855 | -€77,699 | -32.8% |
| Amounts receivable within one year | 40/41 | €214,199 | €145,222 | -€68,977 | -32.2% |
| Trade receivables | 40 | €175,177 | €145,133 | -€30,044 | -17.2% |
| Other amounts receivable | 41 | €39,022 | €89 | -€38,933 | -99.8% |
| Current investments | 50/53 | €9,317 | €8,278 | -€1,039 | -11.2% |
| Deferred charges and accrued income | 490/1 | €13,037 | €5,354 | -€7,683 | -58.9% |
| Total equity and liabilities | 10/49 | €347,676 | €250,476 | -€97,200 | -28.0% |
| Equity | 10/15 | €109,354 | €115,726 | +€6,372 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,900 | €96,900 | +€40,000 | +70.3% |
| Distributable reserves | 133 | €56,900 | €96,900 | +€40,000 | +70.3% |
| Profit (loss) carried forward | 14 | €33,854 | €226 | -€33,628 | -99.3% |
| Amounts payable | 17/49 | €238,322 | €134,751 | -€103,571 | -43.5% |
| Amounts payable after more than one year | 17 | €5,458 | - | -€5,458 | |
| Financial debts | 170/4 | €5,458 | - | -€5,458 | |
| Amounts payable within one year | 42/48 | €232,864 | €134,751 | -€98,113 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €5,561 | €5,458 | -€102 | -1.8% |
| Trade debts | 44 | €48,717 | €23,768 | -€24,948 | -51.2% |
| Suppliers | 440/4 | €48,717 | €23,768 | -€24,948 | -51.2% |
| Taxes, remuneration and social security | 45 | €110,501 | €68,857 | -€41,643 | -37.7% |
| Taxes | 450/3 | €81,725 | €46,501 | -€35,223 | -43.1% |
| Remuneration and social security | 454/9 | €28,776 | €22,356 | -€6,420 | -22.3% |
| Other amounts payable | 47/48 | €68,085 | €36,667 | -€31,419 | -46.1% |
| Non-recurring operating income | 76A | €1,704 | - | -€1,704 | |
| Remuneration, social security and pensions | 62 | €246,667 | €259,189 | +€12,522 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,862 | €26,965 | +€5,103 | +23.3% |
| Other operating charges | 640/8 | €10,011 | €4,007 | -€6,004 | -60.0% |
| Gross operating margin | 9900 | €414,839 | €375,451 | -€39,388 | -9.5% |
| Operating profit (loss) | 9901 | €136,299 | €85,290 | -€51,010 | -37.4% |
| Financial income | 75/76B | €1,640 | €992 | -€648 | -39.5% |
| Recurring financial income | 75 | €1,640 | €992 | -€648 | -39.5% |
| Financial charges | 65/66B | €2,051 | €1,641 | -€410 | -20.0% |
| Recurring financial charges | 65 | €2,051 | €1,641 | -€410 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €135,889 | €84,640 | -€51,248 | -37.7% |
| Income taxes | 67/77 | €38,667 | €28,269 | -€10,398 | -26.9% |
| Profit (loss) for the period | 9904 | €97,222 | €56,372 | -€40,850 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,222 | €56,372 | -€40,850 | -42.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.