CENSE ET ABBAYE: 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.
CENSE ET ABBAYE
Largest movements
- Stocks and contracts +€22,351
up €22,351 (+32.1%), from €69,629 to €91,980
- Cash +€16,028
up €16,028 (+9.6%), from €167,331 to €183,359
mainly Net result for the year (+€140,425) and Receivables within one year (+€13,293)
- Receivables within one year -€13,293
down €13,293 (-9.6%), from €139,097 to €125,804
of which Trade receivables: -€22,019
- Deferred charges and accrued income -€12,572
down €12,572 (-13.4%), from €93,812 to €81,241
- Profit (loss) carried forward +€140,425
up €140,425 (+43.0%), from €326,693 to €467,118
- Other debts -€109,850
down €109,850 (-18.6%), from €590,008 to €480,158
- Tax, wage and social debts -€12,480
down €12,480 (-59.5%), from €20,962 to €8,482
- Gross operating margin -€27,665
down €27,665 (-12.2%), from €225,993 to €198,328
- Write-downs +€21,079
new in 2025: €21,079
- Financial income -€15,077
down €15,077 (-48.0%), from €31,438 to €16,361
of which Financial income: -€15,581
- Taxes -€14,920
down €14,920 (-24.2%), from €61,729 to €46,808
- Depreciation -€2,525
down €2,525 (-39.5%), from €6,397 to €3,871
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 | €1,222,711 | €1,242,175 | +€19,464 | +1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,200 | €2,329 | -€3,871 | -62.4% |
| Intangible fixed assets | 21 | €5,176 | €2,097 | -€3,079 | -59.5% |
| Tangible fixed assets | 22/27 | €1,024 | €231 | -€793 | -77.4% |
| Plant, machinery and equipment | 23 | €1,024 | €231 | -€793 | -77.4% |
| Current assets | 29/58 | €1,216,511 | €1,239,846 | +€23,336 | +1.9% |
| Stocks and contracts in progress | 3 | €69,629 | €91,980 | +€22,351 | +32.1% |
| Stocks | 30/36 | €69,629 | €91,980 | +€22,351 | +32.1% |
| Amounts receivable within one year | 40/41 | €139,097 | €125,804 | -€13,293 | -9.6% |
| Trade receivables | 40 | €129,664 | €107,645 | -€22,019 | -17.0% |
| Other amounts receivable | 41 | €9,433 | €18,159 | +€8,726 | +92.5% |
| Current investments | 50/53 | €746,642 | €757,462 | +€10,820 | +1.4% |
| Cash at bank and in hand | 54/58 | €167,331 | €183,359 | +€16,028 | +9.6% |
| Deferred charges and accrued income | 490/1 | €93,812 | €81,241 | -€12,572 | -13.4% |
| Total equity and liabilities | 10/49 | €1,222,711 | €1,242,175 | +€19,464 | +1.6% |
| Equity | 10/15 | €570,722 | €711,147 | +€140,425 | +24.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €182,028 | €182,028 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €175,828 | €175,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | €326,693 | €467,118 | +€140,425 | +43.0% |
| Amounts payable | 17/49 | €651,989 | €531,028 | -€120,961 | -18.6% |
| Amounts payable within one year | 42/48 | €651,989 | €531,028 | -€120,961 | -18.6% |
| Trade debts | 44 | €41,019 | €42,388 | +€1,369 | +3.3% |
| Suppliers | 440/4 | €41,019 | €42,388 | +€1,369 | +3.3% |
| Taxes, remuneration and social security | 45 | €20,962 | €8,482 | -€12,480 | -59.5% |
| Taxes | 450/3 | €20,962 | €8,482 | -€12,480 | -59.5% |
| Other amounts payable | 47/48 | €590,008 | €480,158 | -€109,850 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,397 | €3,871 | -€2,525 | -39.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,079 | +€21,079 | |
| Other operating charges | 640/8 | €4,161 | €2,384 | -€1,776 | -42.7% |
| Gross operating margin | 9900 | €225,993 | €198,328 | -€27,665 | -12.2% |
| Operating profit (loss) | 9901 | €215,436 | €170,993 | -€44,443 | -20.6% |
| Financial income | 75/76B | €31,438 | €16,361 | -€15,077 | -48.0% |
| Recurring financial income | 75 | €31,438 | €15,857 | -€15,581 | -49.6% |
| Non-recurring financial income | 76B | - | €503 | +€503 | |
| Financial charges | 65/66B | €128 | €120 | -€8 | -6.0% |
| Recurring financial charges | 65 | €128 | €120 | -€8 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €246,746 | €187,233 | -€59,513 | -24.1% |
| Income taxes | 67/77 | €61,729 | €46,808 | -€14,920 | -24.2% |
| Profit (loss) for the period | 9904 | €185,017 | €140,425 | -€44,592 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €185,017 | €140,425 | -€44,592 | -24.1% |
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 29 October 2026 via checked.be.