DE CEUSTER CHRISTEL: 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.
DE CEUSTER CHRISTEL
Largest movements
- Cash +€37,692
up €37,692 (+47.6%), from €79,148 to €116,840
mainly Net result for the year (+€32,661) and Depreciation (+€16,394)
- Tangible fixed assets -€15,115
down €15,115 (-19.9%), from €75,802 to €60,687
of which Furniture and vehicles: -€14,247
- Deferred charges and accrued income -€7,694
down €7,694 (-29.3%), from €26,233 to €18,539
- Receivables within one year +€7,454
up €7,454 (+224%), from €3,329 to €10,784
of which Other amounts receivable: +€7,434
- Current investments +€3,366
up €3,366 (+2.8%), from €120,000 to €123,366
- Reserves +€32,661
up €32,661 (+12.1%), from €269,702 to €302,363
of which Distributable reserves: +€32,661
- Other debts -€4,275
down €4,275 (-27.5%), from €15,542 to €11,267
- Gross operating margin -€31,314
down €31,314 (-34.3%), from €91,411 to €60,097
- Taxes -€9,431
down €9,431 (-41.9%), from €22,527 to €13,096
- Depreciation +€8,289
up €8,289 (+102%), from €8,105 to €16,394
- Financial income +€3,960
up €3,960 (+39,599,900%), from €0 to €3,960
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 | €304,512 | €330,215 | +€25,703 | +8.4% |
| Fixed assets | 21/28 | €75,802 | €60,687 | -€15,115 | -19.9% |
| Tangible fixed assets | 22/27 | €75,802 | €60,687 | -€15,115 | -19.9% |
| Land and buildings | 22 | €6,039 | €5,171 | -€867 | -14.4% |
| Furniture and vehicles | 24 | €69,763 | €55,516 | -€14,247 | -20.4% |
| Current assets | 29/58 | €228,711 | €269,528 | +€40,818 | +17.8% |
| Amounts receivable within one year | 40/41 | €3,329 | €10,784 | +€7,454 | +224% |
| Trade receivables | 40 | - | €20 | +€20 | |
| Other amounts receivable | 41 | €3,329 | €10,764 | +€7,434 | +223% |
| Current investments | 50/53 | €120,000 | €123,366 | +€3,366 | +2.8% |
| Cash at bank and in hand | 54/58 | €79,148 | €116,840 | +€37,692 | +47.6% |
| Deferred charges and accrued income | 490/1 | €26,233 | €18,539 | -€7,694 | -29.3% |
| Total equity and liabilities | 10/49 | €304,512 | €330,215 | +€25,703 | +8.4% |
| Equity | 10/15 | €282,102 | €314,763 | +€32,661 | +11.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €269,702 | €302,363 | +€32,661 | +12.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,234 | €2,234 | = | 0.0% |
| Distributable reserves | 133 | €265,608 | €298,269 | +€32,661 | +12.3% |
| Amounts payable | 17/49 | €22,411 | €15,453 | -€6,958 | -31.0% |
| Amounts payable within one year | 42/48 | €22,011 | €15,309 | -€6,703 | -30.5% |
| Trade debts | 44 | €254 | €498 | +€244 | +96.2% |
| Suppliers | 440/4 | €254 | €498 | +€244 | +96.2% |
| Taxes, remuneration and social security | 45 | €6,215 | €3,544 | -€2,672 | -43.0% |
| Taxes | 450/3 | €6,215 | €3,544 | -€2,672 | -43.0% |
| Other amounts payable | 47/48 | €15,542 | €11,267 | -€4,275 | -27.5% |
| Accrued charges and deferred income | 492/3 | €399 | €144 | -€255 | -63.9% |
| Non-recurring operating income | 76A | €17,296 | €1,339 | -€15,957 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,105 | €16,394 | +€8,289 | +102% |
| Other operating charges | 640/8 | €912 | €876 | -€36 | -4.0% |
| Gross operating margin | 9900 | €91,411 | €60,097 | -€31,314 | -34.3% |
| Operating profit (loss) | 9901 | €82,394 | €42,828 | -€39,566 | -48.0% |
| Financial income | 75/76B | €0 | €3,960 | +€3,960 | +39,599,900% |
| Recurring financial income | 75 | €0 | €3,960 | +€3,960 | +39,599,900% |
| Financial charges | 65/66B | €1,302 | €1,030 | -€272 | -20.9% |
| Recurring financial charges | 65 | €1,302 | €1,030 | -€272 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €81,092 | €45,757 | -€35,335 | -43.6% |
| Income taxes | 67/77 | €22,527 | €13,096 | -€9,431 | -41.9% |
| Profit (loss) for the period | 9904 | €58,565 | €32,661 | -€25,904 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,565 | €32,661 | -€25,904 | -44.2% |
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 23 October 2026 via checked.be.