CENTENAIRE 24: 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.
CENTENAIRE 24
Largest movements
- Financial fixed assets -€613,838
down €613,838 (-80.0%), from €767,298 to €153,460
- Cash +€342,660
up €342,660 (+1,261%), from €27,178 to €369,838
mainly Net result for the year (+€825,870) and Investment in fixed assets (net) (+€609,552)
- Receivables within one year +€109,775
new in 2025: €109,775
of which Trade receivables: +€69,775
- Other debts -€101,769
down €101,769 (-33.1%), from €307,679 to €205,910
- Debts after one year -€76,730
down €76,730 (-19.4%), from €396,437 to €319,708
- Tax, wage and social debts +€23,414
up €23,414 (+42.3%), from €55,311 to €78,725
- Financial income +€637,529
new in 2025: €637,529
- Gross operating margin -€84,928
down €84,928 (-24.6%), from €345,306 to €260,378
- Taxes -€14,714
down €14,714 (-17.7%), from €83,118 to €68,404
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 | €840,837 | €683,072 | -€157,766 | -18.8% |
| Fixed assets | 21/28 | €813,659 | €203,459 | -€610,200 | -75.0% |
| Tangible fixed assets | 22/27 | €46,361 | €49,999 | +€3,638 | +7.8% |
| Plant, machinery and equipment | 23 | - | €3,638 | +€3,638 | |
| Other tangible fixed assets | 26 | €46,361 | €46,361 | = | 0.0% |
| Financial fixed assets | 28 | €767,298 | €153,460 | -€613,838 | -80.0% |
| Current assets | 29/58 | €27,178 | €479,613 | +€452,435 | +1,665% |
| Amounts receivable within one year | 40/41 | - | €109,775 | +€109,775 | |
| Trade receivables | 40 | - | €69,775 | +€69,775 | |
| Other amounts receivable | 41 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €27,178 | €369,838 | +€342,660 | +1,261% |
| Total equity and liabilities | 10/49 | €840,837 | €683,072 | -€157,766 | -18.8% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €838,837 | €681,072 | -€157,766 | -18.8% |
| Amounts payable after more than one year | 17 | €396,437 | €319,708 | -€76,730 | -19.4% |
| Financial debts | 170/4 | €396,437 | €319,708 | -€76,730 | -19.4% |
| Amounts payable within one year | 42/48 | €442,400 | €361,364 | -€81,036 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €76,730 | €76,730 | = | 0.0% |
| Trade debts | 44 | €2,681 | - | -€2,681 | |
| Suppliers | 440/4 | €2,681 | - | -€2,681 | |
| Taxes, remuneration and social security | 45 | €55,311 | €78,725 | +€23,414 | +42.3% |
| Taxes | 450/3 | €55,311 | €78,725 | +€23,414 | +42.3% |
| Other amounts payable | 47/48 | €307,679 | €205,910 | -€101,769 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €648 | +€648 | |
| Gross operating margin | 9900 | €345,306 | €260,378 | -€84,928 | -24.6% |
| Operating profit (loss) | 9901 | €345,306 | €259,730 | -€85,577 | -24.8% |
| Financial income | 75/76B | - | €637,529 | +€637,529 | |
| Recurring financial income | 75 | - | €637,529 | +€637,529 | |
| Financial charges | 65/66B | €2,672 | €2,985 | +€313 | +11.7% |
| Recurring financial charges | 65 | €2,672 | €2,985 | +€313 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €342,635 | €894,274 | +€551,639 | +161% |
| Income taxes | 67/77 | €83,118 | €68,404 | -€14,714 | -17.7% |
| Profit (loss) for the period | 9904 | €259,517 | €825,870 | +€566,353 | +218% |
| Profit (loss) for the period to be appropriated | 9905 | €259,517 | €825,870 | +€566,353 | +218% |
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 26 October 2026 via checked.be.