CENET.BE: what changed
Two fiscal 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.
CENET.BE
Largest movements
- Receivables within one year -€7.2m
down €7.2m (-55.3%), from €13.0m to €5.8m
- Other debts -€12.5m
down €12.5m (-7.5%), from €168.1m to €155.5m
- Reserves +€4.3m
up €4.3m (+15.8%), from €27.2m to €31.5m
of which Distributable reserves: +€4.1m
- Financial income +€6,018
up €6,018 (+0.1%), from €4.4m to €4.4m
- Financial charges +€1,570
up €1,570 (+277.8%), from €565 to €2,136
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.
Cash bridge derived
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 | €214,181,738 | €205,954,040 | -€8.2m | -3.8% |
| Fixed assets | 21/28 | €200,076,048 | €200,076,048 | = | 0.0% |
| Financial fixed assets | 28 | €200,076,048 | €200,076,048 | = | 0.0% |
| Current assets | 29/58 | €14,105,690 | €5,877,992 | -€8.2m | -58.3% |
| Amounts receivable within one year | 40/41 | €12,999,997 | €5,812,812 | -€7.2m | -55.3% |
| Other amounts receivable | 41 | €12,999,997 | €5,812,812 | -€7.2m | -55.3% |
| Cash at bank and in hand | 54/58 | €1,105,693 | €65,180 | -€1.0m | -94.1% |
| Total equity and liabilities | 10/49 | €214,181,738 | €205,954,040 | -€8.2m | -3.8% |
| Equity | 10/15 | €46,127,111 | €50,434,242 | +€4.3m | +9.3% |
| Contributions | 10/11 | €18,938,242 | €18,938,242 | = | 0.0% |
| Capital | 10 | €18,938,242 | €18,938,242 | = | 0.0% |
| Issued capital | 100 | €18,938,242 | €18,938,242 | = | 0.0% |
| Reserves | 13 | €27,188,869 | €31,496,000 | +€4.3m | +15.8% |
| Non-distributable reserves | 130/1 | €1,448,450 | €1,667,378 | +€218,928 | +15.1% |
| Legal reserve | 130 | €1,448,450 | €1,667,378 | +€218,928 | +15.1% |
| Distributable reserves | 133 | €25,740,420 | €29,828,622 | +€4.1m | +15.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €168,054,627 | €155,519,799 | -€12.5m | -7.5% |
| Amounts payable within one year | 42/48 | €168,054,627 | €155,519,799 | -€12.5m | -7.5% |
| Trade debts | 44 | €1,983 | €960 | -€1,022 | -51.6% |
| Suppliers | 440/4 | €1,983 | €960 | -€1,022 | -51.6% |
| Taxes, remuneration and social security | 45 | €710 | €710 | = | 0.0% |
| Taxes | 450/3 | €710 | €710 | = | 0.0% |
| Other amounts payable | 47/48 | €168,051,935 | €155,518,129 | -€12.5m | -7.5% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€5,933 | -€5,955 | -€22 | -0.4% |
| Operating profit (loss) | 9901 | -€6,900 | -€6,953 | -€53 | -0.8% |
| Financial income | 75/76B | €4,381,631 | €4,387,648 | +€6,018 | +0.1% |
| Recurring financial income | 75 | €4,381,631 | €4,387,648 | +€6,018 | +0.1% |
| Financial charges | 65/66B | €565 | €2,136 | +€1,570 | +277.8% |
| Recurring financial charges | 65 | €565 | €2,136 | +€1,570 | +277.8% |
| Profit (loss) for the period before taxes | 9903 | €4,374,165 | €4,378,559 | +€4,394 | +0.1% |
| Profit (loss) for the period | 9904 | €4,374,165 | €4,378,559 | +€4,394 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,374,165 | €4,378,559 | +€4,394 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.