CECOM CENTRE: 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.
What changed
CECOM CENTRE
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.2m
2024 · €3.9m-€689,818
Equity
€73.1m
2024 · €73.0m+€149,550
Cash
€121,661
2024 · €6.5m-€6.3m
Balance sheet total
€252.7m
2024 · €227.0m+€25.7m
Largest movements
Assets
- Receivables within one year +€32.1m
up €32.1m (+14.6%), from €219.7m to €251.8m
of which Other amounts receivable: +€31.9m
- Cash -€6.3m
down €6.3m (-98.1%), from €6.5m to €121,661
mainly Receivables within one year (-€32.1m) and Contributions, distributions and other (-€3.0m)
Equity and liabilities
- Other debts +€25.2m
up €25.2m (+16.5%), from €152.9m to €178.2m
Income statement
- Financial income -€2.4m
down €2.4m (-26.9%), from €9.1m to €6.6m
- Financial charges -€1.6m
down €1.6m (-46.9%), from €3.5m to €1.9m
- Services and other goods +€429,826
up €429,826 (+32.2%), from €1.3m to €1.8m
- Turnover +€409,659
up €409,659 (+22.7%), from €1.8m to €2.2m
- Other operating income +€404,949
up €404,949 (+176%), from €229,733 to €634,682
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.
Result 2024
€3.9m
Turnover
+€409,659
Other operating income
+€404,949
Goods and materials
-€388,066
Services and other goods
-€429,826
Staff costs
-€49,693
Depreciation
-€71,787
Provisions
+€6,817
Other operating charges
+€2,103
Financial income
-€2.4m
Financial charges
+€1.6m
Taxes
+€223,574
Result 2025
€3.2m
raises the resultlowers the result
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.
From operations
-€3.3m
Investment
-€35,970
Financing
-€3.1m
Cash 2024
€6.5m
From operations (derived)
-€3.3m
Net result for the year
+€3.2m
Depreciation
+€115,674
Smaller working-capital items
-€43,733
Receivables within one year
-€32.1m
Tax, wage and social debts
+€330,348
Other debts
+€25.2m
Investment (derived)
-€35,970
Investment in fixed assets (net)
-€35,970
Financing
-€3.1m
Debts after one year
-€2,567
Current portion of long-term debt
-€5,377
Contributions, distributions and other
-€3.0m
Cash 2025
€121,661
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,027,432 | €252,689,664 | +€25.7m | +11.3% |
| Fixed assets | 21/28 | €468,769 | €389,065 | -€79,704 | -17.0% |
| Tangible fixed assets | 22/27 | €468,520 | €388,816 | -€79,704 | -17.0% |
| Furniture and vehicles | 24 | €158,323 | €383,686 | +€225,363 | +142% |
| Leasing and similar rights | 25 | €10,215 | €2,440 | -€7,775 | -76.1% |
| Other tangible fixed assets | 26 | €5,628 | €2,689 | -€2,938 | -52.2% |
| Assets under construction and advance payments | 27 | €294,354 | - | -€294,354 | |
| Financial fixed assets | 28 | €249 | €249 | = | 0.0% |
| Other financial fixed assets | 284/8 | €249 | €249 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €249 | €249 | = | 0.0% |
| Current assets | 29/58 | €226,558,663 | €252,300,599 | +€25.7m | +11.4% |
| Stocks and contracts in progress | 3 | €122,533 | €124,130 | +€1,598 | +1.3% |
| Stocks | 30/36 | €122,533 | €124,130 | +€1,598 | +1.3% |
| Raw materials and consumables | 30/31 | €122,533 | €124,130 | +€1,598 | +1.3% |
| Amounts receivable within one year | 40/41 | €219,719,858 | €251,800,995 | +€32.1m | +14.6% |
| Trade receivables | 40 | €195,318 | €415,921 | +€220,603 | +113% |
| Other amounts receivable | 41 | €219,524,540 | €251,385,074 | +€31.9m | +14.5% |
| Cash at bank and in hand | 54/58 | €6,466,963 | €121,661 | -€6.3m | -98.1% |
| Deferred charges and accrued income | 490/1 | €249,309 | €253,813 | +€4,503 | +1.8% |
| Total equity and liabilities | 10/49 | €227,027,432 | €252,689,664 | +€25.7m | +11.3% |
| Equity | 10/15 | €72,993,311 | €73,142,860 | +€149,550 | +0.2% |
| Contributions | 10/11 | €70,000,000 | €70,000,000 | = | 0.0% |
| Capital | 10 | €70,000,000 | €70,000,000 | = | 0.0% |
| Issued capital | 100 | €70,000,000 | €70,000,000 | = | 0.0% |
| Reserves | 13 | €2,967,259 | €3,126,865 | +€159,607 | +5.4% |
| Non-distributable reserves | 130/1 | €2,967,259 | €3,126,865 | +€159,607 | +5.4% |
| Legal reserve | 130 | €2,967,259 | €3,126,865 | +€159,607 | +5.4% |
| Profit (loss) carried forward | 14 | €26,052 | €15,995 | -€10,057 | -38.6% |
| Provisions and deferred taxes | 16 | €5,455 | - | -€5,455 | |
| Provisions for liabilities and charges | 160/5 | €5,455 | - | -€5,455 | |
| Other liabilities and charges | 164/5 | €5,455 | - | -€5,455 | |
| Amounts payable | 17/49 | €154,028,666 | €179,546,804 | +€25.5m | +16.6% |
| Amounts payable after more than one year | 17 | €2,567 | - | -€2,567 | |
| Financial debts | 170/4 | €2,567 | - | -€2,567 | |
| Leasing and similar obligations | 172 | €2,567 | - | -€2,567 | |
| Amounts payable within one year | 42/48 | €154,026,099 | €179,546,804 | +€25.5m | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €7,946 | €2,568 | -€5,377 | -67.7% |
| Trade debts | 44 | €806,029 | €773,853 | -€32,176 | -4.0% |
| Suppliers | 440/4 | €806,029 | €773,853 | -€32,176 | -4.0% |
| Taxes, remuneration and social security | 45 | €279,925 | €610,272 | +€330,348 | +118% |
| Taxes | 450/3 | €155,309 | €457,309 | +€302,000 | +194% |
| Remuneration and social security | 454/9 | €124,616 | €152,963 | +€28,347 | +22.7% |
| Other amounts payable | 47/48 | €152,932,199 | €178,160,109 | +€25.2m | +16.5% |
| Operating income | 70/76A | €2,033,787 | €2,848,395 | +€814,608 | +40.1% |
| Turnover | 70 | €1,804,054 | €2,213,713 | +€409,659 | +22.7% |
| Other operating income | 74 | €229,733 | €634,682 | +€404,949 | +176% |
| Operating charges | 60/66A | €2,414,497 | €3,344,950 | +€930,453 | +38.5% |
| Goods for resale, raw materials and consumables | 60 | €110,957 | €499,023 | +€388,066 | +350% |
| Purchases | 600/8 | €185,147 | €500,621 | +€315,474 | +170% |
| Change in stocks: decrease (increase) | 609 | -€74,190 | -€1,598 | +€72,592 | +97.8% |
| Services and other goods | 61 | €1,336,704 | €1,766,530 | +€429,826 | +32.2% |
| Remuneration, social security and pensions | 62 | €917,739 | €967,432 | +€49,693 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,887 | €115,674 | +€71,787 | +164% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,362 | -€5,455 | -€6,817 | |
| Other operating charges | 640/8 | €3,849 | €1,746 | -€2,103 | -54.6% |
| Operating profit (loss) | 9901 | -€380,711 | -€496,556 | -€115,845 | -30.4% |
| Financial income | 75/76B | €9,067,874 | €6,624,539 | -€2.4m | -26.9% |
| Recurring financial income | 75 | €9,067,874 | €6,624,539 | -€2.4m | -26.9% |
| Income from current assets | 751 | €9,067,874 | €6,624,539 | -€2.4m | -26.9% |
| Financial charges | 65/66B | €3,505,649 | €1,859,861 | -€1.6m | -46.9% |
| Recurring financial charges | 65 | €3,505,649 | €1,859,861 | -€1.6m | -46.9% |
| Debt charges | 650 | €3,379,494 | €1,712,089 | -€1.7m | -49.3% |
| Other financial charges | 652/9 | €126,154 | €147,772 | +€21,618 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €5,181,515 | €4,268,123 | -€913,391 | -17.6% |
| Income taxes | 67/77 | €1,299,565 | €1,075,991 | -€223,574 | -17.2% |
| Taxes | 670/3 | €1,300,286 | €1,075,991 | -€224,294 | -17.2% |
| Tax adjustments and reversals of tax provisions | 77 | €721 | - | -€721 | |
| Profit (loss) for the period | 9904 | €3,881,950 | €3,192,132 | -€689,818 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,881,950 | €3,192,132 | -€689,818 | -17.8% |
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 28 October 2026 via checked.be.