CENTE: 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.
CENTE
Largest movements
- Current investments +€100,000
up €100,000 (+25.0%), from €400,000 to €500,000
- Receivables within one year +€48,400
up €48,400 (+98.8%), from €48,987 to €97,387
of which Trade receivables: +€47,813
- Cash -€39,995
down €39,995 (-21.7%), from €184,142 to €144,147
mainly Tax, wage and social debts (-€112,214) and Current investments (-€100,000)
- Reserves +€226,699
up €226,699 (+41.5%), from €546,236 to €772,936
- Tax, wage and social debts -€112,214
down €112,214 (-61.1%), from €183,800 to €71,586
of which Taxes: -€109,278
- Debts after one year -€10,257
down €10,257 (-11.4%), from €89,743 to €79,487
- Gross operating margin -€447,910
down €447,910 (-60.1%), from €745,280 to €297,370
- Taxes -€106,824
down €106,824 (-60.9%), from €175,412 to €68,588
- Depreciation -€24,524
down €24,524 (-78.6%), from €31,204 to €6,680
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 | €843,512 | €954,650 | +€111,138 | +13.2% |
| Fixed assets | 21/28 | €209,637 | €212,307 | +€2,670 | +1.3% |
| Tangible fixed assets | 22/27 | €209,637 | €212,307 | +€2,670 | +1.3% |
| Land and buildings | 22 | €209,637 | €203,307 | -€6,330 | -3.0% |
| Plant, machinery and equipment | 23 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €633,875 | €742,343 | +€108,468 | +17.1% |
| Amounts receivable within one year | 40/41 | €48,987 | €97,387 | +€48,400 | +98.8% |
| Trade receivables | 40 | €48,987 | €96,800 | +€47,813 | +97.6% |
| Other amounts receivable | 41 | - | €587 | +€587 | |
| Current investments | 50/53 | €400,000 | €500,000 | +€100,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €184,142 | €144,147 | -€39,995 | -21.7% |
| Deferred charges and accrued income | 490/1 | €746 | €809 | +€63 | +8.4% |
| Total equity and liabilities | 10/49 | €843,512 | €954,650 | +€111,138 | +13.2% |
| Equity | 10/15 | €551,236 | €777,936 | +€226,699 | +41.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €546,236 | €772,936 | +€226,699 | +41.5% |
| Distributable reserves | 133 | €546,236 | €772,936 | +€226,699 | +41.5% |
| Amounts payable | 17/49 | €292,276 | €176,714 | -€115,562 | -39.5% |
| Amounts payable after more than one year | 17 | €89,743 | €79,487 | -€10,257 | -11.4% |
| Financial debts | 170/4 | €89,743 | €79,487 | -€10,257 | -11.4% |
| Amounts payable within one year | 42/48 | €202,283 | €97,120 | -€105,164 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €10,257 | €10,257 | = | 0.0% |
| Trade debts | 44 | €7,627 | €9,473 | +€1,846 | +24.2% |
| Suppliers | 440/4 | €7,627 | €9,473 | +€1,846 | +24.2% |
| Taxes, remuneration and social security | 45 | €183,800 | €71,586 | -€112,214 | -61.1% |
| Taxes | 450/3 | €180,864 | €71,586 | -€109,278 | -60.4% |
| Remuneration and social security | 454/9 | €2,935 | - | -€2,935 | |
| Other amounts payable | 47/48 | €600 | €5,804 | +€5,204 | +867% |
| Accrued charges and deferred income | 492/3 | €249 | €107 | -€142 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,204 | €6,680 | -€24,524 | -78.6% |
| Other operating charges | 640/8 | €1,015 | €487 | -€528 | -52.0% |
| Gross operating margin | 9900 | €745,280 | €297,370 | -€447,910 | -60.1% |
| Operating profit (loss) | 9901 | €713,061 | €290,203 | -€422,858 | -59.3% |
| Financial income | 75/76B | €8,745 | €8,944 | +€199 | +2.3% |
| Recurring financial income | 75 | €8,745 | €8,944 | +€199 | +2.3% |
| Financial charges | 65/66B | €158 | €3,859 | +€3,702 | +2,350% |
| Recurring financial charges | 65 | €158 | €3,859 | +€3,702 | +2,350% |
| Profit (loss) for the period before taxes | 9903 | €721,648 | €295,288 | -€426,361 | -59.1% |
| Income taxes | 67/77 | €175,412 | €68,588 | -€106,824 | -60.9% |
| Profit (loss) for the period | 9904 | €546,236 | €226,699 | -€319,537 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €546,236 | €226,699 | -€319,537 | -58.5% |
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 28 October 2026 via checked.be.