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DR CEULEMANS LIEN: 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

DR CEULEMANS LIEN

BE 0765.249.232
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€113,217
2023 · €82,379+€30,838
Equity
€126,004
2023 · €206,717-€80,713
Cash
€215,808
2023 · €75,154+€140,654
Balance sheet total
€246,095
2023 · €220,584+€25,511

Largest movements

2023 to 2024
Assets
  • Cash +€140,654

    up €140,654 (+187.2%), from €75,154 to €215,808

    mainly Net result for the year (+€113,217) and Other debts (+€111,551)

  • Current investments -€100,000

    down €100,000 (-100.0%), from €100,000 to €0

  • Tangible fixed assets -€13,786

    down €13,786 (-34.2%), from €40,312 to €26,525

    of which Furniture and vehicles: -€12,691

Equity and liabilities
  • Other debts +€111,551

    up €111,551 (+5224.1%), from €2,135 to €113,686

  • Reserves -€80,713

    down €80,713 (-39.3%), from €205,217 to €124,504

  • Tax, wage and social debts -€6,884

    down €6,884 (-70.9%), from €9,712 to €2,828

    of which Taxes: -€4,550

Income statement
  • Gross operating margin +€36,022

    up €36,022 (+30.1%), from €119,814 to €155,836

  • Taxes +€10,379

    up €10,379 (+45.9%), from €22,632 to €33,011

  • Financial income +€4,940

    up €4,940 (+21762.9%), from €23 to €4,963

From the 2023 result to the 2024 result

effect on the 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 2023 €82,379
Gross operating margin +€36,022
Depreciation +€353
Other operating charges -€84
Financial income +€4,940
Financial charges -€14
Taxes -€10,379
Result 2024 €113,217

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€234,584
Investment +€100,000
Financing -€193,930
Cash 2023 €75,154
Net result for the year +€113,217
Depreciation +€13,786
Receivables within one year +€1,950
Deferred charges and accrued income -€593
Trade debts +€1,557
Tax, wage and social debts -€6,884
Other debts +€111,551
Current investments +€100,000
Contributions, distributions and other -€193,930
Cash 2024 €215,808
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €220,584 €246,095 +€25,511 +11.6%
Fixed assets 21/28 €40,312 €26,525 -€13,786 -34.2%
Tangible fixed assets 22/27 €40,312 €26,525 -€13,786 -34.2%
Plant, machinery and equipment 23 €311 €0 -€311 -100.0%
Furniture and vehicles 24 €35,889 €23,198 -€12,691 -35.4%
Other tangible fixed assets 26 €4,112 €3,328 -€784 -19.1%
Current assets 29/58 €180,272 €219,569 +€39,297 +21.8%
Amounts receivable within one year 40/41 €2,928 €978 -€1,950 -66.6%
Trade receivables 40 €550 €0 -€550 -100.0%
Other amounts receivable 41 €2,378 €978 -€1,400 -58.9%
Current investments 50/53 €100,000 €0 -€100,000 -100.0%
Cash at bank and in hand 54/58 €75,154 €215,808 +€140,654 +187.2%
Deferred charges and accrued income 490/1 €2,191 €2,784 +€593 +27.1%
Total equity and liabilities 10/49 €220,584 €246,095 +€25,511 +11.6%
Equity 10/15 €206,717 €126,004 -€80,713 -39.0%
Contributions 10/11 €1,500 €1,500 = 0.0%
Reserves 13 €205,217 €124,504 -€80,713 -39.3%
Distributable reserves 133 €205,217 €124,504 -€80,713 -39.3%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €13,867 €120,091 +€106,224 +766.0%
Amounts payable within one year 42/48 €13,867 €120,091 +€106,224 +766.0%
Trade debts 44 €2,020 €3,577 +€1,557 +77.1%
Suppliers 440/4 €2,020 €3,577 +€1,557 +77.1%
Taxes, remuneration and social security 45 €9,712 €2,828 -€6,884 -70.9%
Taxes 450/3 €5,117 €567 -€4,550 -88.9%
Remuneration and social security 454/9 €4,594 €2,261 -€2,333 -50.8%
Other amounts payable 47/48 €2,135 €113,686 +€111,551 +5224.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,140 €13,786 -€353 -2.5%
Other operating charges 640/8 €602 €686 +€84 +13.9%
Gross operating margin 9900 €119,814 €155,836 +€36,022 +30.1%
Operating profit (loss) 9901 €105,073 €141,363 +€36,291 +34.5%
Financial income 75/76B €23 €4,963 +€4,940 +21762.9%
Recurring financial income 75 €23 €4,963 +€4,940 +21762.9%
Financial charges 65/66B €84 €99 +€14 +17.1%
Recurring financial charges 65 €84 €99 +€14 +17.1%
Profit (loss) for the period before taxes 9903 €105,011 €146,228 +€41,217 +39.2%
Income taxes 67/77 €22,632 €33,011 +€10,379 +45.9%
Profit (loss) for the period 9904 €82,379 €113,217 +€30,838 +37.4%
Profit (loss) for the period to be appropriated 9905 €82,379 €113,217 +€30,838 +37.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.