CELLOR: 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.
CELLOR
Largest movements
- Tangible fixed assets +€80,866
up €80,866 (+25.0%), from €322,961 to €403,826
of which Land and buildings: +€81,374
- Receivables within one year -€22,943
down €22,943 (-42.3%), from €54,220 to €31,277
of which Trade receivables: -€22,993
- Debts after one year +€44,403
up €44,403 (+15.7%), from €282,792 to €327,196
- Other debts +€13,785
up €13,785 (+65.8%), from €20,935 to €34,719
- Tax, wage and social debts -€13,375
down €13,375 (-89.6%), from €14,930 to €1,555
of which Taxes: -€11,875
- Other operating charges -€44,740
down €44,740 (-73.8%), from €60,649 to €15,909
- Financial charges +€37,666
up €37,666 (+328%), from €11,471 to €49,137
- Gross operating margin +€17,205
up €17,205 (+50.5%), from €34,051 to €51,257
- Financial income +€14,898
up €14,898 (+98.5%), from €15,131 to €30,028
- Depreciation +€7,102
up €7,102 (+143%), from €4,960 to €12,062
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 | €859,249 | €919,121 | +€59,872 | +7.0% |
| Fixed assets | 21/28 | €801,547 | €882,412 | +€80,866 | +10.1% |
| Tangible fixed assets | 22/27 | €322,961 | €403,826 | +€80,866 | +25.0% |
| Land and buildings | 22 | €320,881 | €402,255 | +€81,374 | +25.4% |
| Other tangible fixed assets | 26 | €2,079 | €1,571 | -€508 | -24.4% |
| Financial fixed assets | 28 | €478,586 | €478,586 | = | 0.0% |
| Current assets | 29/58 | €57,702 | €36,709 | -€20,993 | -36.4% |
| Amounts receivable within one year | 40/41 | €54,220 | €31,277 | -€22,943 | -42.3% |
| Trade receivables | 40 | €34,426 | €11,433 | -€22,993 | -66.8% |
| Other amounts receivable | 41 | €19,793 | €19,844 | +€51 | +0.3% |
| Cash at bank and in hand | 54/58 | €2,819 | €3,041 | +€223 | +7.9% |
| Deferred charges and accrued income | 490/1 | €664 | €2,390 | +€1,727 | +260% |
| Total equity and liabilities | 10/49 | €859,249 | €919,121 | +€59,872 | +7.0% |
| Equity | 10/15 | €527,852 | €530,895 | +€3,044 | +0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €77,577 | €77,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €77,577 | €77,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | €437,875 | €440,919 | +€3,044 | +0.7% |
| Amounts payable | 17/49 | €331,397 | €388,226 | +€56,829 | +17.1% |
| Amounts payable after more than one year | 17 | €282,792 | €327,196 | +€44,403 | +15.7% |
| Financial debts | 170/4 | €282,792 | €327,196 | +€44,403 | +15.7% |
| Amounts payable within one year | 42/48 | €47,301 | €58,594 | +€11,294 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €7,443 | €15,361 | +€7,918 | +106% |
| Trade debts | 44 | €3,992 | €6,959 | +€2,966 | +74.3% |
| Suppliers | 440/4 | €3,992 | €6,959 | +€2,966 | +74.3% |
| Taxes, remuneration and social security | 45 | €14,930 | €1,555 | -€13,375 | -89.6% |
| Taxes | 450/3 | €13,430 | €1,555 | -€11,875 | -88.4% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €20,935 | €34,719 | +€13,785 | +65.8% |
| Accrued charges and deferred income | 492/3 | €1,304 | €2,436 | +€1,132 | +86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,960 | €12,062 | +€7,102 | +143% |
| Other operating charges | 640/8 | €60,649 | €15,909 | -€44,740 | -73.8% |
| Gross operating margin | 9900 | €34,051 | €51,257 | +€17,205 | +50.5% |
| Operating profit (loss) | 9901 | -€31,557 | €23,286 | +€54,843 | |
| Financial income | 75/76B | €15,131 | €30,028 | +€14,898 | +98.5% |
| Recurring financial income | 75 | €15,131 | €30,028 | +€14,898 | +98.5% |
| Financial charges | 65/66B | €11,471 | €49,137 | +€37,666 | +328% |
| Recurring financial charges | 65 | €11,471 | €49,137 | +€37,666 | +328% |
| Profit (loss) for the period before taxes | 9903 | -€27,897 | €4,177 | +€32,074 | |
| Income taxes | 67/77 | €246 | €233 | -€12 | -4.9% |
| Profit (loss) for the period | 9904 | -€28,143 | €3,944 | +€32,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,143 | €3,944 | +€32,086 |
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 24 October 2026 via checked.be.