CeNa Services: what changed
CeNa Services
Largest movements
- Receivables within one year +€6,548
up €6,548 (+137%), from €4,765 to €11,313
of which Trade receivables: +€6,500
- Cash -€6,033
down €6,033 (-52.9%), from €11,415 to €5,382
mainly Receivables within one year (-€6,548) and Tax, wage and social debts (-€2,452)
- Tangible fixed assets -€1,603
down €1,603 (-39.6%), from €4,043 to €2,440
- Deferred charges and accrued income -€704
down €704 (-69.1%), from €1,019 to €315
- Reserves +€2,553
up €2,553 (+18.3%), from €13,962 to €16,515
- Tax, wage and social debts -€2,452
down €2,452 (-75.5%), from €3,249 to €797
of which Remuneration and social security: -€1,235
- Trade debts -€1,892
down €1,892 (-93.2%), from €2,031 to €138
- Staff costs -€11,030
down €11,030, from €10,168 to -€861
- Gross operating margin -€7,573
down €7,573 (-48.1%), from €15,750 to €8,177
- Financial charges +€722
up €722 (+413%), from €175 to €896
- Other operating charges +€213
up €213 (+39.1%), from €545 to €757
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,241 | €19,450 | -€1,791 | -8.4% |
| Fixed assets | 21/28 | €4,043 | €2,440 | -€1,603 | -39.6% |
| Tangible fixed assets | 22/27 | €4,043 | €2,440 | -€1,603 | -39.6% |
| Furniture and vehicles | 24 | €4,043 | €2,440 | -€1,603 | -39.6% |
| Current assets | 29/58 | €17,199 | €17,010 | -€188 | -1.1% |
| Amounts receivable within one year | 40/41 | €4,765 | €11,313 | +€6,548 | +137% |
| Trade receivables | 40 | €140 | €6,640 | +€6,500 | +4,643% |
| Other amounts receivable | 41 | €4,625 | €4,674 | +€49 | +1.1% |
| Cash at bank and in hand | 54/58 | €11,415 | €5,382 | -€6,033 | -52.9% |
| Deferred charges and accrued income | 490/1 | €1,019 | €315 | -€704 | -69.1% |
| Total equity and liabilities | 10/49 | €21,241 | €19,450 | -€1,791 | -8.4% |
| Equity | 10/15 | €15,962 | €18,515 | +€2,553 | +16.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,962 | €16,515 | +€2,553 | +18.3% |
| Distributable reserves | 133 | €13,962 | €16,515 | +€2,553 | +18.3% |
| Amounts payable | 17/49 | €5,280 | €935 | -€4,344 | -82.3% |
| Amounts payable within one year | 42/48 | €5,280 | €935 | -€4,344 | -82.3% |
| Trade debts | 44 | €2,031 | €138 | -€1,892 | -93.2% |
| Suppliers | 440/4 | €2,031 | €138 | -€1,892 | -93.2% |
| Taxes, remuneration and social security | 45 | €3,249 | €797 | -€2,452 | -75.5% |
| Taxes | 450/3 | €2,014 | €797 | -€1,217 | -60.4% |
| Remuneration and social security | 454/9 | €1,235 | €0 | -€1,235 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,168 | -€861 | -€11,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,479 | €1,603 | +€124 | +8.4% |
| Other operating charges | 640/8 | €545 | €757 | +€213 | +39.1% |
| Non-recurring operating charges | 66A | - | €2,660 | +€2,660 | |
| Gross operating margin | 9900 | €15,750 | €8,177 | -€7,573 | -48.1% |
| Operating profit (loss) | 9901 | €3,558 | €4,018 | +€460 | +12.9% |
| Financial income | 75/76B | €183 | €186 | +€3 | +1.7% |
| Recurring financial income | 75 | €183 | €186 | +€3 | +1.7% |
| Financial charges | 65/66B | €175 | €896 | +€722 | +413% |
| Recurring financial charges | 65 | €175 | €896 | +€722 | +413% |
| Profit (loss) for the period before taxes | 9903 | €3,566 | €3,308 | -€258 | -7.2% |
| Income taxes | 67/77 | €820 | €754 | -€65 | -8.0% |
| Profit (loss) for the period | 9904 | €2,746 | €2,553 | -€193 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,746 | €2,553 | -€193 | -7.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.