CEVEZO: 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.
CEVEZO
Largest movements
- Cash -€7,478
down €7,478 (-15.4%), from €48,470 to €40,993
mainly Net result for the year (-€5,307) and Investment in fixed assets (net) (-€1,026)
- Tangible fixed assets +€693
new in 2025: €693
- Reserves -€6,140
down €6,140 (-16.8%), from €36,652 to €30,512
- Tax, wage and social debts -€758
down €758 (-7.4%), from €10,207 to €9,449
- Gross operating margin -€51,765
down €51,765, from €47,000 to -€4,765
- Taxes -€9,449
down €9,449 (-100%), from €9,449 to €0
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 | €48,773 | €42,250 | -€6,523 | -13.4% |
| Fixed assets | 21/28 | - | €693 | +€693 | |
| Tangible fixed assets | 22/27 | - | €693 | +€693 | |
| Furniture and vehicles | 24 | - | €693 | +€693 | |
| Current assets | 29/58 | €48,773 | €41,557 | -€7,217 | -14.8% |
| Amounts receivable within one year | 40/41 | €303 | €564 | +€261 | +86.2% |
| Other amounts receivable | 41 | €303 | €564 | +€261 | +86.2% |
| Cash at bank and in hand | 54/58 | €48,470 | €40,993 | -€7,478 | -15.4% |
| Total equity and liabilities | 10/49 | €48,773 | €42,250 | -€6,523 | -13.4% |
| Equity | 10/15 | €37,652 | €31,512 | -€6,140 | -16.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €36,652 | €30,512 | -€6,140 | -16.8% |
| Distributable reserves | 133 | €36,652 | €30,512 | -€6,140 | -16.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,122 | €10,738 | -€384 | -3.5% |
| Amounts payable within one year | 42/48 | €11,122 | €10,738 | -€384 | -3.5% |
| Trade debts | 44 | €82 | €455 | +€374 | +458% |
| Suppliers | 440/4 | €82 | €455 | +€374 | +458% |
| Taxes, remuneration and social security | 45 | €10,207 | €9,449 | -€758 | -7.4% |
| Taxes | 450/3 | €10,207 | €9,449 | -€758 | -7.4% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €332 | +€332 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €47,000 | -€4,765 | -€51,765 | |
| Operating profit (loss) | 9901 | €47,000 | -€5,241 | -€52,241 | |
| Financial charges | 65/66B | €66 | €65 | -€1 | -0.9% |
| Recurring financial charges | 65 | €66 | €65 | -€1 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €46,934 | -€5,307 | -€52,241 | |
| Income taxes | 67/77 | €9,449 | €0 | -€9,449 | -100% |
| Profit (loss) for the period | 9904 | €37,485 | -€5,307 | -€42,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,485 | -€5,307 | -€42,791 |
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 27 October 2026 via checked.be.