DANNY CEULEMANS & C°: 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.
What changed
DANNY CEULEMANS & C°
NACE 96.301, Funeral services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,610
2024 · -€6,105-€10,505
Equity
€192,492
2024 · €216,556-€24,064
Cash
€41,985
2024 · €70,167-€28,181
Balance sheet total
€1.3m
2024 · €1.4m-€106,240
Largest movements
Assets
- Tangible fixed assets -€59,985
down €59,985 (-4.8%), from €1.3m to €1.2m
of which Land and buildings: -€65,806
- Cash -€28,181
down €28,181 (-40.2%), from €70,167 to €41,985
mainly Investment in fixed assets (net) (-€72,949) and Debts after one year (-€58,044)
Equity and liabilities
- Debts after one year -€58,044
down €58,044 (-6.6%), from €876,759 to €818,716
- Trade debts -€44,436
down €44,436 (-64.4%), from €68,975 to €24,540
- Profit (loss) carried forward -€16,608
down €16,608 (-272.1%), from -€6,105 to -€22,713
- Other debts +€15,092
up €15,092 (+14.7%), from €102,627 to €117,719
Income statement
- Gross operating margin -€12,922
down €12,922 (-7.2%), from €178,281 to €165,359
- Staff costs -€5,160
down €5,160 (-19.8%), from €26,013 to €20,854
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.
Result 2024
-€6,105
Gross operating margin
-€12,922
Staff costs
+€5,160
Depreciation
-€409
Other operating charges
-€1,414
Financial income
-€107
Financial charges
-€1,000
Taxes
+€187
Result 2025
-€16,610
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.
From operations
+€110,849
Investment
-€72,949
Financing
-€66,081
Cash 2024
€70,167
From operations (derived)
+€110,849
Net result for the year
-€16,610
Depreciation
+€132,934
Stocks and contracts
+€1,444
Receivables within one year
+€13,776
Deferred charges and accrued income
+€2,853
Trade debts
-€44,436
Tax, wage and social debts
+€5,797
Other debts
+€15,092
Accrued charges and deferred income
-€2
Investment (derived)
-€72,949
Investment in fixed assets (net)
-€72,949
Financing
-€66,081
Debts after one year
-€58,044
Current portion of long-term debt
-€584
Contributions, distributions and other
-€7,454
Cash 2025
€41,985
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,398,004 | €1,291,765 | -€106,240 | -7.6% |
| Fixed assets | 21/28 | €1,254,373 | €1,194,388 | -€59,985 | -4.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,253,558 | €1,193,573 | -€59,985 | -4.8% |
| Land and buildings | 22 | €1,090,092 | €1,024,286 | -€65,806 | -6.0% |
| Plant, machinery and equipment | 23 | €24,535 | €17,508 | -€7,027 | -28.6% |
| Furniture and vehicles | 24 | €138,930 | €151,779 | +€12,849 | +9.2% |
| Financial fixed assets | 28 | €815 | €815 | = | 0.0% |
| Current assets | 29/58 | €143,631 | €97,377 | -€46,255 | -32.2% |
| Stocks and contracts in progress | 3 | €19,480 | €18,036 | -€1,444 | -7.4% |
| Stocks | 30/36 | €19,480 | €18,036 | -€1,444 | -7.4% |
| Amounts receivable within one year | 40/41 | €49,968 | €36,192 | -€13,776 | -27.6% |
| Trade receivables | 40 | €43,769 | €36,039 | -€7,730 | -17.7% |
| Other amounts receivable | 41 | €6,199 | €153 | -€6,046 | -97.5% |
| Current investments | 50/53 | €411 | €411 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,167 | €41,985 | -€28,181 | -40.2% |
| Deferred charges and accrued income | 490/1 | €3,606 | €753 | -€2,853 | -79.1% |
| Total equity and liabilities | 10/49 | €1,398,004 | €1,291,765 | -€106,240 | -7.6% |
| Equity | 10/15 | €216,556 | €192,492 | -€24,064 | -11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €204,068 | €196,612 | -€7,456 | -3.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,812 | €8,812 | = | 0.0% |
| Distributable reserves | 133 | €193,397 | €185,942 | -€7,456 | -3.9% |
| Profit (loss) carried forward | 14 | -€6,105 | -€22,713 | -€16,608 | -272.1% |
| Provisions and deferred taxes | 16 | €49,950 | €49,950 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €49,950 | €49,950 | = | 0.0% |
| Pensions and similar obligations | 160 | €49,950 | €49,950 | = | 0.0% |
| Amounts payable | 17/49 | €1,131,499 | €1,049,323 | -€82,176 | -7.3% |
| Amounts payable after more than one year | 17 | €876,759 | €818,716 | -€58,044 | -6.6% |
| Financial debts | 170/4 | €876,759 | €818,716 | -€58,044 | -6.6% |
| Amounts payable within one year | 42/48 | €254,738 | €230,607 | -€24,130 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €81,866 | €81,282 | -€584 | -0.7% |
| Trade debts | 44 | €68,975 | €24,540 | -€44,436 | -64.4% |
| Suppliers | 440/4 | €68,975 | €24,540 | -€44,436 | -64.4% |
| Taxes, remuneration and social security | 45 | €1,269 | €7,066 | +€5,797 | +456.8% |
| Taxes | 450/3 | €1,174 | €1,909 | +€736 | +62.7% |
| Remuneration and social security | 454/9 | €95 | €5,156 | +€5,061 | +5300.4% |
| Other amounts payable | 47/48 | €102,627 | €117,719 | +€15,092 | +14.7% |
| Accrued charges and deferred income | 492/3 | €2 | - | -€2 | |
| Non-recurring operating income | 76A | €16,892 | - | -€16,892 | |
| Remuneration, social security and pensions | 62 | €26,013 | €20,854 | -€5,160 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,524 | €132,934 | +€409 | +0.3% |
| Other operating charges | 640/8 | €9,894 | €11,309 | +€1,414 | +14.3% |
| Gross operating margin | 9900 | €178,281 | €165,359 | -€12,922 | -7.2% |
| Operating profit (loss) | 9901 | €9,849 | €263 | -€9,586 | -97.3% |
| Financial income | 75/76B | €381 | €275 | -€107 | -28.0% |
| Recurring financial income | 75 | €381 | €275 | -€107 | -28.0% |
| Financial charges | 65/66B | €12,145 | €13,145 | +€1,000 | +8.2% |
| Recurring financial charges | 65 | €12,145 | €13,145 | +€1,000 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,915 | -€12,608 | -€10,693 | -558.3% |
| Income taxes | 67/77 | €4,189 | €4,002 | -€187 | -4.5% |
| Profit (loss) for the period | 9904 | -€6,105 | -€16,610 | -€10,505 | -172.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,105 | -€16,610 | -€10,505 | -172.1% |
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 6 October 2026 via checked.be.