ROEF - CEULEMANS: 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.
ROEF - CEULEMANS
Largest movements
- Receivables within one year +€17,159
up €17,159 (+7.8%), from €220,998 to €238,158
of which Other amounts receivable: +€236,557
- Profit (loss) carried forward +€18,732
up €18,732 (+11.3%), from €165,754 to €184,485
- Trade debts -€4,601
down €4,601 (-20.0%), from €22,950 to €18,349
- Short-term financial debts +€2,491
up €2,491 (+83.0%), from €3,000 to €5,491
- Gross operating margin -€5,157
down €5,157 (-25.4%), from €20,276 to €15,119
- Financial income +€2,611
up €2,611 (+23.7%), from €11,031 to €13,642
- Financial charges -€2,410
down €2,410 (-82.9%), from €2,907 to €497
- Taxes +€987
up €987 (+13.1%), from €7,528 to €8,515
From the 2023 result to the 2024 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,623 | €238,546 | +€16,922 | +7.6% |
| Fixed assets | 21/28 | €463 | €226 | -€237 | -51.2% |
| Tangible fixed assets | 22/27 | €237 | - | -€237 | |
| Furniture and vehicles | 24 | €237 | - | -€237 | |
| Financial fixed assets | 28 | €226 | €226 | = | 0.0% |
| Current assets | 29/58 | €221,160 | €238,320 | +€17,159 | +7.8% |
| Amounts receivable within one year | 40/41 | €220,998 | €238,158 | +€17,159 | +7.8% |
| Trade receivables | 40 | €220,998 | €1,601 | -€219,398 | -99.3% |
| Other amounts receivable | 41 | - | €236,557 | +€236,557 | |
| Cash at bank and in hand | 54/58 | €162 | €162 | = | 0.0% |
| Total equity and liabilities | 10/49 | €221,623 | €238,546 | +€16,922 | +7.6% |
| Equity | 10/15 | €186,205 | €204,936 | +€18,732 | +10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €165,754 | €184,485 | +€18,732 | +11.3% |
| Amounts payable | 17/49 | €35,418 | €33,609 | -€1,809 | -5.1% |
| Amounts payable within one year | 42/48 | €35,418 | €33,609 | -€1,809 | -5.1% |
| Financial debts | 43 | €3,000 | €5,491 | +€2,491 | +83.0% |
| Credit institutions | 430/8 | €3,000 | €5,491 | +€2,491 | +83.0% |
| Trade debts | 44 | €22,950 | €18,349 | -€4,601 | -20.0% |
| Suppliers | 440/4 | €22,950 | €18,349 | -€4,601 | -20.0% |
| Taxes, remuneration and social security | 45 | €9,468 | €9,769 | +€301 | +3.2% |
| Taxes | 450/3 | €9,468 | €9,769 | +€301 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237 | €237 | -€0 | 0.0% |
| Other operating charges | 640/8 | €668 | €780 | +€112 | +16.7% |
| Gross operating margin | 9900 | €20,276 | €15,119 | -€5,157 | -25.4% |
| Operating profit (loss) | 9901 | €19,370 | €14,101 | -€5,269 | -27.2% |
| Financial income | 75/76B | €11,031 | €13,642 | +€2,611 | +23.7% |
| Recurring financial income | 75 | €11,031 | €13,642 | +€2,611 | +23.7% |
| Financial charges | 65/66B | €2,907 | €497 | -€2,410 | -82.9% |
| Recurring financial charges | 65 | €2,907 | €497 | -€2,410 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €27,495 | €27,247 | -€248 | -0.9% |
| Income taxes | 67/77 | €7,528 | €8,515 | +€987 | +13.1% |
| Profit (loss) for the period | 9904 | €19,967 | €18,732 | -€1,236 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,967 | €18,732 | -€1,236 | -6.2% |
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 5 October 2026 via checked.be.