CENTAURION: 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.
CENTAURION
Largest movements
- Cash +€17,554
up €17,554 (+59.9%), from €29,321 to €46,875
mainly Net result for the year (+€27,679) and Trade debts (+€13,609)
- Deferred charges and accrued income +€15,957
up €15,957 (+206.0%), from €7,747 to €23,705
- Receivables within one year +€10,717
up €10,717 (+17.5%), from €61,141 to €71,859
of which Other amounts receivable: +€8,630
- Tangible fixed assets -€8,397
down €8,397 (-27.1%), from €31,000 to €22,604
of which Furniture and vehicles: -€6,769
- Intangible fixed assets +€2,331
up €2,331, from €0 to €2,331
- Reserves +€25,800
up €25,800 (+27.0%), from €95,400 to €121,200
- Trade debts +€13,609
up €13,609 (+341.5%), from €3,985 to €17,594
- Current portion of long-term debt -€2,986
down €2,986 (-100.0%), from €2,986 to €0
- Other debts +€1,700
up €1,700 (+106.3%), from €1,600 to €3,300
- Gross operating margin -€6,470
down €6,470 (-10.6%), from €60,987 to €54,517
- Depreciation +€3,661
up €3,661 (+38.5%), from €9,510 to €13,171
- Taxes -€2,403
down €2,403 (-17.2%), from €13,994 to €11,591
- Other operating charges -€857
down €857 (-40.9%), from €2,096 to €1,238
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 | €129,210 | €167,373 | +€38,163 | +29.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €31,000 | €24,935 | -€6,065 | -19.6% |
| Intangible fixed assets | 21 | €0 | €2,331 | +€2,331 | |
| Tangible fixed assets | 22/27 | €31,000 | €22,604 | -€8,397 | -27.1% |
| Plant, machinery and equipment | 23 | €1,443 | €641 | -€802 | -55.6% |
| Furniture and vehicles | 24 | €25,331 | €18,562 | -€6,769 | -26.7% |
| Other tangible fixed assets | 26 | €4,226 | €3,401 | -€826 | -19.5% |
| Current assets | 29/58 | €98,210 | €142,438 | +€44,228 | +45.0% |
| Amounts receivable within one year | 40/41 | €61,141 | €71,859 | +€10,717 | +17.5% |
| Trade receivables | 40 | €44,765 | €46,852 | +€2,087 | +4.7% |
| Other amounts receivable | 41 | €16,377 | €25,007 | +€8,630 | +52.7% |
| Cash at bank and in hand | 54/58 | €29,321 | €46,875 | +€17,554 | +59.9% |
| Deferred charges and accrued income | 490/1 | €7,747 | €23,705 | +€15,957 | +206.0% |
| Total equity and liabilities | 10/49 | €129,210 | €167,373 | +€38,163 | +29.5% |
| Equity | 10/15 | €112,987 | €138,866 | +€25,879 | +22.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €95,400 | €121,200 | +€25,800 | +27.0% |
| Distributable reserves | 133 | €95,400 | €121,200 | +€25,800 | +27.0% |
| Profit (loss) carried forward | 14 | €15,087 | €15,166 | +€79 | +0.5% |
| Amounts payable | 17/49 | €16,223 | €28,507 | +€12,284 | +75.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,223 | €28,507 | +€12,284 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | €2,986 | €0 | -€2,986 | -100.0% |
| Trade debts | 44 | €3,985 | €17,594 | +€13,609 | +341.5% |
| Suppliers | 440/4 | €3,985 | €17,594 | +€13,609 | +341.5% |
| Taxes, remuneration and social security | 45 | €7,653 | €7,614 | -€39 | -0.5% |
| Taxes | 450/3 | €7,653 | €7,614 | -€39 | -0.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,600 | €3,300 | +€1,700 | +106.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,510 | €13,171 | +€3,661 | +38.5% |
| Other operating charges | 640/8 | €2,096 | €1,238 | -€857 | -40.9% |
| Gross operating margin | 9900 | €60,987 | €54,517 | -€6,470 | -10.6% |
| Operating profit (loss) | 9901 | €49,381 | €40,108 | -€9,273 | -18.8% |
| Financial income | 75/76B | €147 | - | -€147 | |
| Recurring financial income | 75 | €147 | - | -€147 | |
| Financial charges | 65/66B | €753 | €838 | +€85 | +11.3% |
| Recurring financial charges | 65 | €753 | €838 | +€85 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €48,775 | €39,270 | -€9,506 | -19.5% |
| Income taxes | 67/77 | €13,994 | €11,591 | -€2,403 | -17.2% |
| Profit (loss) for the period | 9904 | €34,781 | €27,679 | -€7,102 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,781 | €27,679 | -€7,102 | -20.4% |
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 4 October 2026 via checked.be.