GROUPE CEFETY: what changed
GROUPE CEFETY
Largest movements
- Tangible fixed assets +€37,878
up €37,878 (+95.9%), from €39,518 to €77,396
of which Furniture and vehicles: +€37,878
- Receivables within one year +€21,654
up €21,654 (+25.1%), from €86,285 to €107,939
of which Trade receivables: +€21,925
- Cash -€5,768
down €5,768 (-8.3%), from €69,305 to €63,537
mainly Investment in fixed assets (net) (-€38,008) and Receivables within one year (-€21,654)
- Trade debts +€45,110
up €45,110 (+2,203%), from €2,048 to €47,158
- Profit (loss) carried forward +€18,525
up €18,525 (+5.3%), from -€347,472 to -€328,948
- Advances received -€10,301
down €10,301 (-40.9%), from €25,180 to €14,879
- Gross operating margin +€31,729
up €31,729, from -€3,769 to €27,960
- Other operating charges +€4,149
up €4,149 (+82.2%), from €5,049 to €9,198
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,182 | €248,946 | +€53,764 | +27.5% |
| Fixed assets | 21/28 | €39,592 | €77,470 | +€37,878 | +95.7% |
| Tangible fixed assets | 22/27 | €39,518 | €77,396 | +€37,878 | +95.9% |
| Land and buildings | 22 | €39,518 | €39,518 | = | 0.0% |
| Furniture and vehicles | 24 | - | €37,878 | +€37,878 | |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €155,590 | €171,476 | +€15,886 | +10.2% |
| Amounts receivable within one year | 40/41 | €86,285 | €107,939 | +€21,654 | +25.1% |
| Trade receivables | 40 | €5,372 | €27,297 | +€21,925 | +408% |
| Other amounts receivable | 41 | €80,914 | €80,642 | -€271 | -0.3% |
| Cash at bank and in hand | 54/58 | €69,305 | €63,537 | -€5,768 | -8.3% |
| Total equity and liabilities | 10/49 | €195,182 | €248,946 | +€53,764 | +27.5% |
| Equity | 10/15 | -€279,272 | -€260,748 | +€18,525 | +6.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€347,472 | -€328,948 | +€18,525 | +5.3% |
| Amounts payable | 17/49 | €474,454 | €509,694 | +€35,240 | +7.4% |
| Amounts payable within one year | 42/48 | €473,455 | €509,694 | +€36,239 | +7.7% |
| Trade debts | 44 | €2,048 | €47,158 | +€45,110 | +2,203% |
| Suppliers | 440/4 | €2,048 | €47,158 | +€45,110 | +2,203% |
| Advances received on contracts in progress | 46 | €25,180 | €14,879 | -€10,301 | -40.9% |
| Other amounts payable | 47/48 | €446,227 | €447,657 | +€1,430 | +0.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €130 | +€130 | |
| Other operating charges | 640/8 | €5,049 | €9,198 | +€4,149 | +82.2% |
| Gross operating margin | 9900 | -€3,769 | €27,960 | +€31,729 | |
| Operating profit (loss) | 9901 | -€8,818 | €18,632 | +€27,450 | |
| Financial charges | 65/66B | €45 | €107 | +€62 | +138% |
| Recurring financial charges | 65 | €45 | €107 | +€62 | +138% |
| Profit (loss) for the period before taxes | 9903 | -€8,863 | €18,525 | +€27,388 | |
| Profit (loss) for the period | 9904 | -€8,863 | €18,525 | +€27,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,863 | €18,525 | +€27,388 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.