CEN BOUW: 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.
CEN BOUW
Largest movements
- Receivables within one year +€55,421
up €55,421 (+110%), from €50,165 to €105,587
of which Trade receivables: +€56,842
- Stocks and contracts -€15,923
down €15,923 (-79.4%), from €20,065 to €4,142
of which Contracts in progress: -€8,590
- Cash +€9,145
up €9,145 (+207%), from €4,416 to €13,561
mainly Net result for the year (+€24,516) and Tax, wage and social debts (+€16,819)
- Profit (loss) carried forward +€24,516
up €24,516 (+155%), from €15,829 to €40,345
- Tax, wage and social debts +€16,819
new in 2025: €16,819
- Advances received +€10,000
up €10,000 (+30.0%), from €33,345 to €43,345
- Trade debts -€1,895
down €1,895 (-66.6%), from €2,845 to €950
- Turnover -€56,120
no longer reported in 2025 (was €56,120)
- Purchases and services -€53,529
no longer reported in 2025 (was €53,529)
- Gross operating margin +€25,484
up €25,484 (+983%), from €2,591 to €28,075
- Taxes +€2,549
new in 2025: €2,549
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 | €75,327 | €123,596 | +€48,269 | +64.1% |
| Fixed assets | 21/28 | €681 | €307 | -€374 | -55.0% |
| Tangible fixed assets | 22/27 | €681 | €307 | -€374 | -55.0% |
| Furniture and vehicles | 24 | €681 | €307 | -€374 | -55.0% |
| Current assets | 29/58 | €74,646 | €123,289 | +€48,644 | +65.2% |
| Stocks and contracts in progress | 3 | €20,065 | €4,142 | -€15,923 | -79.4% |
| Stocks | 30/36 | €11,475 | €4,142 | -€7,333 | -63.9% |
| Contracts in progress | 37 | €8,590 | - | -€8,590 | |
| Amounts receivable within one year | 40/41 | €50,165 | €105,587 | +€55,421 | +110% |
| Trade receivables | 40 | €32,631 | €89,474 | +€56,842 | +174% |
| Other amounts receivable | 41 | €17,534 | €16,113 | -€1,421 | -8.1% |
| Cash at bank and in hand | 54/58 | €4,416 | €13,561 | +€9,145 | +207% |
| Total equity and liabilities | 10/49 | €75,327 | €123,596 | +€48,269 | +64.1% |
| Equity | 10/15 | €28,504 | €53,020 | +€24,516 | +86.0% |
| Contributions | 10/11 | €12,450 | €12,450 | = | 0.0% |
| Reserves | 13 | €225 | €225 | = | 0.0% |
| Non-distributable reserves | 130/1 | €225 | €225 | = | 0.0% |
| Reserves not available under the articles | 1311 | €225 | €225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,829 | €40,345 | +€24,516 | +155% |
| Amounts payable | 17/49 | €46,823 | €70,576 | +€23,753 | +50.7% |
| Amounts payable within one year | 42/48 | €46,823 | €70,576 | +€23,753 | +50.7% |
| Trade debts | 44 | €2,845 | €950 | -€1,895 | -66.6% |
| Suppliers | 440/4 | €2,845 | €950 | -€1,895 | -66.6% |
| Advances received on contracts in progress | 46 | €33,345 | €43,345 | +€10,000 | +30.0% |
| Taxes, remuneration and social security | 45 | - | €16,819 | +€16,819 | |
| Taxes | 450/3 | - | €16,819 | +€16,819 | |
| Other amounts payable | 47/48 | €10,633 | €9,462 | -€1,171 | -11.0% |
| Turnover | 70 | €56,120 | - | -€56,120 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,529 | - | -€53,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €588 | €374 | -€214 | -36.4% |
| Other operating charges | 640/8 | €46 | €575 | +€529 | +1,149% |
| Gross operating margin | 9900 | €2,591 | €28,075 | +€25,484 | +983% |
| Operating profit (loss) | 9901 | €1,957 | €27,126 | +€25,169 | +1,286% |
| Financial income | 75/76B | €0 | €0 | -€0 | -83.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -83.3% |
| Financial charges | 65/66B | €93 | €61 | -€32 | -34.2% |
| Recurring financial charges | 65 | €93 | €61 | -€32 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €1,864 | €27,065 | +€25,201 | +1,352% |
| Income taxes | 67/77 | - | €2,549 | +€2,549 | |
| Profit (loss) for the period | 9904 | €1,864 | €24,516 | +€22,652 | +1,215% |
| Profit (loss) for the period to be appropriated | 9905 | €1,864 | €24,516 | +€22,652 | +1,215% |
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 30 October 2026 via checked.be.