CENICO GROUP: 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.
CENICO GROUP
Largest movements
- Receivables within one year +€10,132
up €10,132 (+2.7%), from €375,327 to €385,459
of which Other amounts receivable: +€55,177
- Tangible fixed assets -€9,375
down €9,375 (-3.8%), from €249,004 to €239,629
of which Land and buildings: -€11,614
- Cash +€8,268
up €8,268 (+32,733%), from €25 to €8,294
mainly Net result for the year (+€27,428) and Depreciation (+€9,375)
- Profit (loss) carried forward +€27,428
up €27,428 (+10.1%), from -€271,548 to -€244,121
- Other debts -€16,162
down €16,162 (-10.4%), from €155,801 to €139,639
- Gross operating margin +€30,087
up €30,087 (+227%), from €13,231 to €43,318
- Depreciation -€2,175
down €2,175 (-18.8%), from €11,550 to €9,375
- Other operating charges -€1,561
down €1,561 (-20.7%), from €7,532 to €5,970
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 | €625,355 | €633,382 | +€8,027 | +1.3% |
| Fixed assets | 21/28 | €249,004 | €239,629 | -€9,375 | -3.8% |
| Tangible fixed assets | 22/27 | €249,004 | €239,629 | -€9,375 | -3.8% |
| Land and buildings | 22 | €249,004 | €237,389 | -€11,614 | -4.7% |
| Plant, machinery and equipment | 23 | €0 | €2,239 | +€2,239 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €376,351 | €393,753 | +€17,402 | +4.6% |
| Amounts receivable within one year | 40/41 | €375,327 | €385,459 | +€10,132 | +2.7% |
| Trade receivables | 40 | €45,045 | €0 | -€45,045 | -100% |
| Other amounts receivable | 41 | €330,283 | €385,459 | +€55,177 | +16.7% |
| Cash at bank and in hand | 54/58 | €25 | €8,294 | +€8,268 | +32,733% |
| Deferred charges and accrued income | 490/1 | €999 | €0 | -€999 | -100% |
| Total equity and liabilities | 10/49 | €625,355 | €633,382 | +€8,027 | +1.3% |
| Equity | 10/15 | €365,530 | €392,957 | +€27,428 | +7.5% |
| Contributions | 10/11 | €637,078 | €637,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,548 | -€244,121 | +€27,428 | +10.1% |
| Amounts payable | 17/49 | €259,825 | €240,424 | -€19,401 | -7.5% |
| Amounts payable after more than one year | 17 | €98,530 | €95,220 | -€3,310 | -3.4% |
| Financial debts | 170/4 | €8,530 | €5,220 | -€3,310 | -38.8% |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €161,296 | €145,205 | -€16,091 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €3,181 | €3,310 | +€129 | +4.1% |
| Trade debts | 44 | €1,995 | €2,217 | +€222 | +11.1% |
| Suppliers | 440/4 | €1,995 | €2,217 | +€222 | +11.1% |
| Taxes, remuneration and social security | 45 | €319 | €38 | -€280 | -88.0% |
| Taxes | 450/3 | €319 | €38 | -€280 | -88.0% |
| Other amounts payable | 47/48 | €155,801 | €139,639 | -€16,162 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,550 | €9,375 | -€2,175 | -18.8% |
| Other operating charges | 640/8 | €7,532 | €5,970 | -€1,561 | -20.7% |
| Gross operating margin | 9900 | €13,231 | €43,318 | +€30,087 | +227% |
| Operating profit (loss) | 9901 | -€5,850 | €27,972 | +€33,823 | |
| Financial charges | 65/66B | €821 | €506 | -€314 | -38.3% |
| Recurring financial charges | 65 | €821 | €506 | -€314 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,671 | €27,466 | +€34,137 | |
| Income taxes | 67/77 | €160 | €38 | -€121 | -76.0% |
| Profit (loss) for the period | 9904 | -€6,831 | €27,428 | +€34,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,831 | €27,428 | +€34,258 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.