CENSIMMO: 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.
CENSIMMO
Largest movements
- Receivables after one year +€110,000
new in 2025: €110,000
- Cash -€84,089
down €84,089 (-62.5%), from €134,547 to €50,458
mainly Receivables after one year (-€110,000) and Investment in fixed assets (net) (-€40,000)
- Financial fixed assets +€40,000
up €40,000 (+13333.3%), from €300 to €40,300
- Tangible fixed assets -€7,626
down €7,626 (-7.2%), from €105,970 to €98,344
- Reserves +€34,307
up €34,307 (+25.7%), from €133,403 to €167,710
- Other debts +€30,000
up €30,000 (+30000.0%), from €100 to €30,100
- Debts after one year -€9,000
down €9,000 (-14.1%), from €63,750 to €54,750
- Gross operating margin +€13,074
up €13,074 (+27.7%), from €47,218 to €60,292
- Taxes +€4,117
up €4,117 (+34.6%), from €11,893 to €16,010
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 | €242,974 | €300,523 | +€57,549 | +23.7% |
| Fixed assets | 21/28 | €106,270 | €138,644 | +€32,374 | +30.5% |
| Tangible fixed assets | 22/27 | €105,970 | €98,344 | -€7,626 | -7.2% |
| Land and buildings | 22 | €105,970 | €98,344 | -€7,626 | -7.2% |
| Financial fixed assets | 28 | €300 | €40,300 | +€40,000 | +13333.3% |
| Current assets | 29/58 | €136,704 | €161,879 | +€25,175 | +18.4% |
| Amounts receivable after more than one year | 29 | - | €110,000 | +€110,000 | |
| Other amounts receivable | 291 | - | €110,000 | +€110,000 | |
| Amounts receivable within one year | 40/41 | €1,655 | €1,421 | -€234 | -14.1% |
| Other amounts receivable | 41 | €1,655 | €1,421 | -€234 | -14.1% |
| Cash at bank and in hand | 54/58 | €134,547 | €50,458 | -€84,089 | -62.5% |
| Deferred charges and accrued income | 490/1 | €502 | - | -€502 | |
| Total equity and liabilities | 10/49 | €242,974 | €300,523 | +€57,549 | +23.7% |
| Equity | 10/15 | €163,403 | €197,710 | +€34,307 | +21.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €133,403 | €167,710 | +€34,307 | +25.7% |
| Distributable reserves | 133 | €133,403 | €167,710 | +€34,307 | +25.7% |
| Amounts payable | 17/49 | €79,571 | €102,813 | +€23,242 | +29.2% |
| Amounts payable after more than one year | 17 | €63,750 | €54,750 | -€9,000 | -14.1% |
| Financial debts | 170/4 | €63,750 | €54,750 | -€9,000 | -14.1% |
| Amounts payable within one year | 42/48 | €11,713 | €42,596 | +€30,883 | +263.7% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €9,000 | = | 0.0% |
| Trade debts | 44 | €64 | €66 | +€2 | +3.1% |
| Suppliers | 440/4 | €64 | €66 | +€2 | +3.1% |
| Taxes, remuneration and social security | 45 | €2,549 | €3,430 | +€881 | +34.6% |
| Taxes | 450/3 | €2,549 | €3,430 | +€881 | +34.6% |
| Other amounts payable | 47/48 | €100 | €30,100 | +€30,000 | +30000.0% |
| Accrued charges and deferred income | 492/3 | €4,108 | €5,467 | +€1,359 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,626 | €7,626 | = | 0.0% |
| Other operating charges | 640/8 | €597 | €914 | +€317 | +53.1% |
| Gross operating margin | 9900 | €47,218 | €60,292 | +€13,074 | +27.7% |
| Operating profit (loss) | 9901 | €38,995 | €51,752 | +€12,757 | +32.7% |
| Financial charges | 65/66B | €1,616 | €1,436 | -€180 | -11.1% |
| Recurring financial charges | 65 | €1,616 | €1,436 | -€180 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €37,379 | €50,316 | +€12,937 | +34.6% |
| Income taxes | 67/77 | €11,893 | €16,010 | +€4,117 | +34.6% |
| Profit (loss) for the period | 9904 | €25,486 | €34,306 | +€8,820 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,486 | €34,306 | +€8,820 | +34.6% |
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 3 October 2026 via checked.be.