AU VIEUX CEREXHE: 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.
AU VIEUX CEREXHE
Largest movements
- Tangible fixed assets +€32,628
up €32,628 (+112%), from €29,169 to €61,796
of which Other tangible fixed assets: +€29,101
- Stocks and contracts +€17,325
up €17,325 (+149%), from €11,663 to €28,988
- Deferred charges and accrued income +€6,521
up €6,521 (+4,188%), from €156 to €6,677
- Receivables within one year -€4,848
down €4,848 (-13.3%), from €36,398 to €31,550
of which Trade receivables: -€9,408
- Cash -€4,694
down €4,694 (-33.6%), from €13,972 to €9,278
mainly Net result for the year (-€57,881) and Investment in fixed assets (net) (-€47,062)
- Trade debts +€63,727
up €63,727 (+230%), from €27,712 to €91,439
- Profit (loss) carried forward -€57,881
down €57,881, from €13,937 to -€43,944
- Other debts -€39,705
down €39,705 (-89.9%), from €44,177 to €4,472
- Debts after one year +€31,719
new in 2025: €31,719
- Tax, wage and social debts +€27,115
up €27,115 (+160%), from €16,932 to €44,048
of which Taxes: +€32,121
- Gross operating margin -€107,916
down €107,916 (-57.6%), from €187,494 to €79,578
- Other operating charges -€38,146
down €38,146 (-98.1%), from €38,884 to €738
- Staff costs -€16,444
down €16,444 (-12.6%), from €130,436 to €113,992
- Depreciation +€4,710
up €4,710 (+55.3%), from €8,524 to €13,234
- Financial charges +€4,203
up €4,203 (+69.5%), from €6,051 to €10,254
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 | €121,358 | €169,489 | +€48,131 | +39.7% |
| Fixed assets | 21/28 | €59,169 | €92,996 | +€33,828 | +57.2% |
| Tangible fixed assets | 22/27 | €29,169 | €61,796 | +€32,628 | +112% |
| Plant, machinery and equipment | 23 | €19,349 | €20,821 | +€1,472 | +7.6% |
| Furniture and vehicles | 24 | €9,820 | €11,875 | +€2,054 | +20.9% |
| Other tangible fixed assets | 26 | - | €29,101 | +€29,101 | |
| Financial fixed assets | 28 | €30,000 | €31,200 | +€1,200 | +4.0% |
| Current assets | 29/58 | €62,189 | €76,493 | +€14,304 | +23.0% |
| Stocks and contracts in progress | 3 | €11,663 | €28,988 | +€17,325 | +149% |
| Stocks | 30/36 | €11,663 | €28,988 | +€17,325 | +149% |
| Amounts receivable within one year | 40/41 | €36,398 | €31,550 | -€4,848 | -13.3% |
| Trade receivables | 40 | €9,748 | €340 | -€9,408 | -96.5% |
| Other amounts receivable | 41 | €26,650 | €31,209 | +€4,559 | +17.1% |
| Cash at bank and in hand | 54/58 | €13,972 | €9,278 | -€4,694 | -33.6% |
| Deferred charges and accrued income | 490/1 | €156 | €6,677 | +€6,521 | +4,188% |
| Total equity and liabilities | 10/49 | €121,358 | €169,489 | +€48,131 | +39.7% |
| Equity | 10/15 | €32,537 | -€25,344 | -€57,881 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,937 | -€43,944 | -€57,881 | |
| Amounts payable | 17/49 | €88,821 | €194,834 | +€106,013 | +119% |
| Amounts payable after more than one year | 17 | - | €31,719 | +€31,719 | |
| Financial debts | 170/4 | - | €31,719 | +€31,719 | |
| Amounts payable within one year | 42/48 | €88,821 | €163,114 | +€74,293 | +83.6% |
| Current portion of amounts payable after more than one year | 42 | - | €22,655 | +€22,655 | |
| Trade debts | 44 | €27,712 | €91,439 | +€63,727 | +230% |
| Suppliers | 440/4 | €27,712 | €91,439 | +€63,727 | +230% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €16,932 | €44,048 | +€27,115 | +160% |
| Taxes | 450/3 | €7,392 | €39,512 | +€32,121 | +435% |
| Remuneration and social security | 454/9 | €9,541 | €4,535 | -€5,006 | -52.5% |
| Other amounts payable | 47/48 | €44,177 | €4,472 | -€39,705 | -89.9% |
| Remuneration, social security and pensions | 62 | €130,436 | €113,992 | -€16,444 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,524 | €13,234 | +€4,710 | +55.3% |
| Other operating charges | 640/8 | €38,884 | €738 | -€38,146 | -98.1% |
| Gross operating margin | 9900 | €187,494 | €79,578 | -€107,916 | -57.6% |
| Operating profit (loss) | 9901 | €9,650 | -€48,386 | -€58,036 | |
| Financial income | 75/76B | €200 | €811 | +€611 | +306% |
| Recurring financial income | 75 | €200 | €811 | +€611 | +306% |
| Financial charges | 65/66B | €6,051 | €10,254 | +€4,203 | +69.5% |
| Recurring financial charges | 65 | €6,051 | €10,254 | +€4,203 | +69.5% |
| Profit (loss) for the period before taxes | 9903 | €3,800 | -€57,829 | -€61,629 | |
| Income taxes | 67/77 | - | €52 | +€52 | |
| Profit (loss) for the period | 9904 | €3,800 | -€57,881 | -€61,681 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,800 | -€57,881 | -€61,681 |
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.