JEE - CEE INTERNATIONAL: 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.
JEE - CEE INTERNATIONAL
Largest movements
- Receivables within one year -€76,951
down €76,951 (-35.6%), from €215,863 to €138,912
of which Trade receivables: -€41,865
- Cash +€52,057
up €52,057 (+384%), from €13,549 to €65,607
mainly Receivables within one year (+€76,951) and Depreciation (+€53,278)
- Intangible fixed assets -€19,362
down €19,362 (-10.4%), from €186,938 to €167,576
- Short-term financial debts -€81,025
down €81,025 (-100.0%), from €81,034 to €9
- Current portion of long-term debt -€47,862
down €47,862 (-77.7%), from €61,563 to €13,701
- Debts after one year +€34,573
up €34,573 (+144%), from €24,085 to €58,657
- Trade debts +€25,273
up €25,273 (+1,787%), from €1,414 to €26,687
- Profit (loss) carried forward +€17,820
up €17,820 (+3.6%), from -€488,882 to -€471,062
- Gross operating margin +€15,304
up €15,304 (+11.6%), from €131,473 to €146,778
- Depreciation +€14,934
up €14,934 (+38.9%), from €38,344 to €53,278
- Other operating charges +€7,788
up €7,788 (+174%), from €4,486 to €12,274
- Staff costs -€4,891
down €4,891 (-8.1%), from €60,129 to €55,239
- Taxes +€2,893
new in 2025: €2,893
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 | €525,796 | €483,424 | -€42,372 | -8.1% |
| Fixed assets | 21/28 | €192,479 | €172,592 | -€19,887 | -10.3% |
| Intangible fixed assets | 21 | €186,938 | €167,576 | -€19,362 | -10.4% |
| Tangible fixed assets | 22/27 | €5,340 | €3,815 | -€1,525 | -28.6% |
| Land and buildings | 22 | €0 | €0 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,340 | €3,815 | -€1,525 | -28.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €202 | €1,202 | +€1,000 | +496% |
| Current assets | 29/58 | €333,317 | €310,832 | -€22,485 | -6.7% |
| Stocks and contracts in progress | 3 | €101,708 | €106,313 | +€4,605 | +4.5% |
| Stocks | 30/36 | €101,708 | €106,313 | +€4,605 | +4.5% |
| Amounts receivable within one year | 40/41 | €215,863 | €138,912 | -€76,951 | -35.6% |
| Trade receivables | 40 | €170,836 | €128,970 | -€41,865 | -24.5% |
| Other amounts receivable | 41 | €45,027 | €9,942 | -€35,086 | -77.9% |
| Current investments | 50/53 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €13,549 | €65,607 | +€52,057 | +384% |
| Deferred charges and accrued income | 490/1 | €2,184 | - | -€2,184 | |
| Total equity and liabilities | 10/49 | €525,796 | €483,424 | -€42,372 | -8.1% |
| Equity | 10/15 | €137,350 | €155,169 | +€17,820 | +13.0% |
| Contributions | 10/11 | €412,000 | €412,000 | = | 0.0% |
| Capital | 10 | €412,000 | €412,000 | = | 0.0% |
| Issued capital | 100 | €412,000 | €412,000 | = | 0.0% |
| Reserves | 13 | €214,232 | €214,232 | = | 0.0% |
| Distributable reserves | 133 | €214,232 | €214,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€488,882 | -€471,062 | +€17,820 | +3.6% |
| Amounts payable | 17/49 | €388,447 | €328,255 | -€60,192 | -15.5% |
| Amounts payable after more than one year | 17 | €24,085 | €58,657 | +€34,573 | +144% |
| Financial debts | 170/4 | €24,085 | €58,657 | +€34,573 | +144% |
| Amounts payable within one year | 42/48 | €363,862 | €269,098 | -€94,765 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €61,563 | €13,701 | -€47,862 | -77.7% |
| Financial debts | 43 | €81,034 | €9 | -€81,025 | -100.0% |
| Credit institutions | 430/8 | €81,034 | €9 | -€81,025 | -100.0% |
| Trade debts | 44 | €1,414 | €26,687 | +€25,273 | +1,787% |
| Suppliers | 440/4 | €1,414 | €26,687 | +€25,273 | +1,787% |
| Advances received on contracts in progress | 46 | - | €13,993 | +€13,993 | |
| Taxes, remuneration and social security | 45 | €42,365 | €44,922 | +€2,557 | +6.0% |
| Taxes | 450/3 | €19,602 | €25,059 | +€5,457 | +27.8% |
| Remuneration and social security | 454/9 | €22,763 | €19,863 | -€2,900 | -12.7% |
| Other amounts payable | 47/48 | €177,486 | €169,786 | -€7,700 | -4.3% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €60,129 | €55,239 | -€4,891 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,344 | €53,278 | +€14,934 | +38.9% |
| Other operating charges | 640/8 | €4,486 | €12,274 | +€7,788 | +174% |
| Gross operating margin | 9900 | €131,473 | €146,778 | +€15,304 | +11.6% |
| Operating profit (loss) | 9901 | €28,514 | €25,987 | -€2,527 | -8.9% |
| Financial income | 75/76B | €22 | €1,729 | +€1,707 | +7,811% |
| Recurring financial income | 75 | €22 | €1,729 | +€1,707 | +7,811% |
| Financial charges | 65/66B | €7,611 | €7,003 | -€608 | -8.0% |
| Recurring financial charges | 65 | €7,611 | €7,003 | -€608 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €20,925 | €20,712 | -€213 | -1.0% |
| Income taxes | 67/77 | - | €2,893 | +€2,893 | |
| Profit (loss) for the period | 9904 | €20,925 | €17,820 | -€3,105 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,925 | €17,820 | -€3,105 | -14.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.