CentCo plus: 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.
CentCo plus
Largest movements
- Cash -€31,506
down €31,506 (-69.3%), from €45,453 to €13,947
mainly Net result for the year (-€26,182) and Investment in fixed assets (net) (-€24,012)
- Stocks and contracts +€15,812
up €15,812 (+127.1%), from €12,440 to €28,252
- Tangible fixed assets +€6,120
up €6,120 (+9.1%), from €67,284 to €73,404
of which Furniture and vehicles: +€6,000
- Receivables within one year -€3,696
down €3,696 (-97.9%), from €3,775 to €79
of which Other amounts receivable: -€3,037
- Profit (loss) carried forward -€26,182
down €26,182 (-77.0%), from €33,994 to €7,812
- Debts after one year +€13,162
up €13,162 (+28.5%), from €46,187 to €59,349
- Other debts -€12,574
down €12,574 (-66.0%), from €19,044 to €6,470
- Tax, wage and social debts +€9,465
up €9,465 (+142.6%), from €6,637 to €16,102
of which Taxes: +€9,178
- Current portion of long-term debt +€7,734
up €7,734 (+113.5%), from €6,813 to €14,547
- Depreciation +€13,774
up €13,774 (+334.4%), from €4,119 to €17,893
- Gross operating margin -€9,055
down €9,055 (-15.7%), from €57,686 to €48,631
- Staff costs +€6,178
up €6,178 (+13.4%), from €45,956 to €52,133
- Financial charges +€1,868
up €1,868 (+228.1%), from €819 to €2,687
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,525 | €128,584 | -€12,941 | -9.1% |
| Fixed assets | 21/28 | €78,597 | €84,716 | +€6,120 | +7.8% |
| Tangible fixed assets | 22/27 | €67,284 | €73,404 | +€6,120 | +9.1% |
| Plant, machinery and equipment | 23 | €3,182 | €3,302 | +€120 | +3.8% |
| Furniture and vehicles | 24 | €64,102 | €70,102 | +€6,000 | +9.4% |
| Financial fixed assets | 28 | €11,313 | €11,313 | = | 0.0% |
| Current assets | 29/58 | €62,928 | €43,867 | -€19,061 | -30.3% |
| Stocks and contracts in progress | 3 | €12,440 | €28,252 | +€15,812 | +127.1% |
| Stocks | 30/36 | €12,440 | €28,252 | +€15,812 | +127.1% |
| Amounts receivable within one year | 40/41 | €3,775 | €79 | -€3,696 | -97.9% |
| Trade receivables | 40 | €659 | - | -€659 | |
| Other amounts receivable | 41 | €3,116 | €79 | -€3,037 | -97.5% |
| Cash at bank and in hand | 54/58 | €45,453 | €13,947 | -€31,506 | -69.3% |
| Deferred charges and accrued income | 490/1 | €1,260 | €1,589 | +€329 | +26.1% |
| Total equity and liabilities | 10/49 | €141,525 | €128,584 | -€12,941 | -9.1% |
| Equity | 10/15 | €41,314 | €15,132 | -€26,182 | -63.4% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €119 | €119 | = | 0.0% |
| Distributable reserves | 133 | €119 | €119 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,994 | €7,812 | -€26,182 | -77.0% |
| Amounts payable | 17/49 | €100,211 | €113,452 | +€13,241 | +13.2% |
| Amounts payable after more than one year | 17 | €46,187 | €59,349 | +€13,162 | +28.5% |
| Financial debts | 170/4 | €46,187 | €59,349 | +€13,162 | +28.5% |
| Amounts payable within one year | 42/48 | €54,024 | €53,897 | -€127 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €6,813 | €14,547 | +€7,734 | +113.5% |
| Trade debts | 44 | €21,530 | €16,778 | -€4,752 | -22.1% |
| Suppliers | 440/4 | €21,530 | €16,778 | -€4,752 | -22.1% |
| Taxes, remuneration and social security | 45 | €6,637 | €16,102 | +€9,465 | +142.6% |
| Taxes | 450/3 | - | €9,178 | +€9,178 | |
| Remuneration and social security | 454/9 | €6,637 | €6,924 | +€287 | +4.3% |
| Other amounts payable | 47/48 | €19,044 | €6,470 | -€12,574 | -66.0% |
| Accrued charges and deferred income | 492/3 | - | €206 | +€206 | |
| Remuneration, social security and pensions | 62 | €45,956 | €52,133 | +€6,178 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,119 | €17,893 | +€13,774 | +334.4% |
| Other operating charges | 640/8 | €2,329 | €2,460 | +€131 | +5.6% |
| Non-recurring operating charges | 66A | €1,922 | - | -€1,922 | |
| Gross operating margin | 9900 | €57,686 | €48,631 | -€9,055 | -15.7% |
| Operating profit (loss) | 9901 | €3,360 | -€23,855 | -€27,215 | |
| Financial income | 75/76B | €156 | €359 | +€203 | +130.2% |
| Recurring financial income | 75 | €156 | €359 | +€203 | +130.2% |
| Financial charges | 65/66B | €819 | €2,687 | +€1,868 | +228.1% |
| Recurring financial charges | 65 | €819 | €2,687 | +€1,868 | +228.1% |
| Profit (loss) for the period before taxes | 9903 | €2,698 | -€26,182 | -€28,880 | |
| Profit (loss) for the period | 9904 | €2,698 | -€26,182 | -€28,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,698 | -€26,182 | -€28,880 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.