CEVITRA: 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.
CEVITRA
Largest movements
- Cash -€5,184
down €5,184 (-11.5%), from €44,939 to €39,754
mainly Investment in fixed assets (net) (-€132,725) and Trade debts (-€79,346)
- Trade debts -€79,346
down €79,346 (-67.8%), from €117,068 to €37,721
- Profit (loss) carried forward +€44,892
up €44,892 (+126%), from €35,552 to €80,444
- Debts after one year +€17,038
up €17,038 (+8.4%), from €201,989 to €219,028
- Short-term financial debts +€12,462
up €12,462 (+21.7%), from €57,373 to €69,835
- Tax, wage and social debts +€10,401
up €10,401 (+33.8%), from €30,815 to €41,216
of which Remuneration and social security: +€5,445
- Purchases and services -€588,667
no longer reported in 2025 (was €588,667)
- Gross operating margin +€80,412
up €80,412 (+16.4%), from €490,960 to €571,372
- Staff costs -€26,162
down €26,162 (-7.8%), from €335,214 to €309,052
- Other operating charges +€17,131
up €17,131 (+35.6%), from €48,085 to €65,216
- Depreciation +€16,620
up €16,620 (+14.5%), from €114,441 to €131,060
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 | €503,543 | €499,869 | -€3,674 | -0.7% |
| Fixed assets | 21/28 | €302,639 | €304,304 | +€1,664 | +0.5% |
| Tangible fixed assets | 22/27 | €275,420 | €277,085 | +€1,664 | +0.6% |
| Land and buildings | 22 | €20,368 | €18,808 | -€1,560 | -7.7% |
| Plant, machinery and equipment | 23 | €28,498 | €24,741 | -€3,757 | -13.2% |
| Furniture and vehicles | 24 | €118,276 | €173,457 | +€55,181 | +46.7% |
| Leasing and similar rights | 25 | €108,278 | €60,078 | -€48,200 | -44.5% |
| Financial fixed assets | 28 | €27,219 | €27,219 | = | 0.0% |
| Current assets | 29/58 | €200,903 | €195,565 | -€5,338 | -2.7% |
| Amounts receivable within one year | 40/41 | €155,965 | €155,811 | -€154 | -0.1% |
| Trade receivables | 40 | €121,226 | €120,093 | -€1,134 | -0.9% |
| Other amounts receivable | 41 | €34,739 | €35,718 | +€979 | +2.8% |
| Cash at bank and in hand | 54/58 | €44,939 | €39,754 | -€5,184 | -11.5% |
| Total equity and liabilities | 10/49 | €503,543 | €499,869 | -€3,674 | -0.7% |
| Equity | 10/15 | €49,812 | €94,704 | +€44,892 | +90.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Capital | 10 | €14,260 | €14,260 | = | 0.0% |
| Issued capital | 100 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,552 | €80,444 | +€44,892 | +126% |
| Amounts payable | 17/49 | €453,731 | €405,165 | -€48,566 | -10.7% |
| Amounts payable after more than one year | 17 | €201,989 | €219,028 | +€17,038 | +8.4% |
| Financial debts | 170/4 | €201,989 | €219,028 | +€17,038 | +8.4% |
| Amounts payable within one year | 42/48 | €251,741 | €186,137 | -€65,605 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €46,486 | €37,301 | -€9,185 | -19.8% |
| Financial debts | 43 | €57,373 | €69,835 | +€12,462 | +21.7% |
| Credit institutions | 430/8 | €57,373 | €69,835 | +€12,462 | +21.7% |
| Trade debts | 44 | €117,068 | €37,721 | -€79,346 | -67.8% |
| Suppliers | 440/4 | €117,068 | €37,721 | -€79,346 | -67.8% |
| Taxes, remuneration and social security | 45 | €30,815 | €41,216 | +€10,401 | +33.8% |
| Taxes | 450/3 | €2,531 | €7,487 | +€4,956 | +196% |
| Remuneration and social security | 454/9 | €28,284 | €33,729 | +€5,445 | +19.2% |
| Other amounts payable | 47/48 | - | €63 | +€63 | |
| Non-recurring operating income | 76A | €335,214 | - | -€335,214 | |
| Goods, raw materials, services and sundry goods | 60/61 | €588,667 | - | -€588,667 | |
| Remuneration, social security and pensions | 62 | €335,214 | €309,052 | -€26,162 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,441 | €131,060 | +€16,620 | +14.5% |
| Other operating charges | 640/8 | €48,085 | €65,216 | +€17,131 | +35.6% |
| Gross operating margin | 9900 | €490,960 | €571,372 | +€80,412 | +16.4% |
| Operating profit (loss) | 9901 | -€6,780 | €66,044 | +€72,823 | |
| Financial income | 75/76B | €1,377 | €768 | -€608 | -44.2% |
| Recurring financial income | 75 | €1,377 | €768 | -€608 | -44.2% |
| Financial charges | 65/66B | €13,126 | €21,920 | +€8,794 | +67.0% |
| Recurring financial charges | 65 | €13,126 | €21,920 | +€8,794 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,529 | €44,892 | +€63,421 | |
| Income taxes | 67/77 | €5,000 | - | -€5,000 | |
| Profit (loss) for the period | 9904 | -€23,529 | €44,892 | +€68,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,529 | €44,892 | +€68,421 |
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 29 October 2026 via checked.be.