Center Gent: 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.
Center Gent
Largest movements
- Intangible fixed assets -€28,374
down €28,374 (-13.9%), from €204,291 to €175,917
- Receivables within one year -€18,031
down €18,031 (-9.9%), from €182,670 to €164,639
of which Trade receivables: -€12,992
- Tangible fixed assets -€9,807
down €9,807 (-18.1%), from €54,278 to €44,471
of which Furniture and vehicles: -€5,156
- Other debts -€34,482
down €34,482 (-27.0%), from €127,721 to €93,239
- Debts after one year -€31,361
down €31,361 (-26.9%), from €116,702 to €85,341
- Advances received -€16,819
down €16,819 (-51.1%), from €32,884 to €16,066
- Tax, wage and social debts +€7,571
up €7,571 (+22.7%), from €33,308 to €40,879
of which Taxes: +€11,906
- Profit (loss) carried forward +€6,822
up €6,822 (+10.7%), from €63,979 to €70,801
- Gross operating margin -€83,491
down €83,491 (-35.7%), from €233,675 to €150,184
- Staff costs -€61,673
down €61,673 (-40.3%), from €153,141 to €91,468
- Taxes -€8,308
down €8,308 (-68.9%), from €12,051 to €3,743
- Financial charges +€2,646
up €2,646 (+29.6%), from €8,953 to €11,599
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 | €462,057 | €400,033 | -€62,024 | -13.4% |
| Fixed assets | 21/28 | €258,569 | €220,388 | -€38,181 | -14.8% |
| Intangible fixed assets | 21 | €204,291 | €175,917 | -€28,374 | -13.9% |
| Tangible fixed assets | 22/27 | €54,278 | €44,471 | -€9,807 | -18.1% |
| Land and buildings | 22 | €27,641 | €25,794 | -€1,847 | -6.7% |
| Plant, machinery and equipment | 23 | €4,638 | €3,009 | -€1,629 | -35.1% |
| Furniture and vehicles | 24 | €17,234 | €12,079 | -€5,156 | -29.9% |
| Leasing and similar rights | 25 | €1,685 | €935 | -€750 | -44.5% |
| Other tangible fixed assets | 26 | €3,080 | €2,655 | -€425 | -13.8% |
| Current assets | 29/58 | €203,488 | €179,645 | -€23,843 | -11.7% |
| Stocks and contracts in progress | 3 | €10,031 | €6,816 | -€3,215 | -32.1% |
| Stocks | 30/36 | €10,031 | €6,816 | -€3,215 | -32.1% |
| Amounts receivable within one year | 40/41 | €182,670 | €164,639 | -€18,031 | -9.9% |
| Trade receivables | 40 | €27,177 | €14,185 | -€12,992 | -47.8% |
| Other amounts receivable | 41 | €155,492 | €150,454 | -€5,039 | -3.2% |
| Cash at bank and in hand | 54/58 | €6,243 | €2,701 | -€3,542 | -56.7% |
| Deferred charges and accrued income | 490/1 | €4,544 | €5,489 | +€944 | +20.8% |
| Total equity and liabilities | 10/49 | €462,057 | €400,033 | -€62,024 | -13.4% |
| Equity | 10/15 | €68,979 | €75,801 | +€6,822 | +9.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,979 | €70,801 | +€6,822 | +10.7% |
| Amounts payable | 17/49 | €393,078 | €324,232 | -€68,846 | -17.5% |
| Amounts payable after more than one year | 17 | €116,702 | €85,341 | -€31,361 | -26.9% |
| Financial debts | 170/4 | €116,702 | €85,341 | -€31,361 | -26.9% |
| Amounts payable within one year | 42/48 | €276,325 | €238,728 | -€37,598 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €29,886 | €31,361 | +€1,475 | +4.9% |
| Financial debts | 43 | - | €2,325 | +€2,325 | |
| Credit institutions | 430/8 | - | €2,325 | +€2,325 | |
| Trade debts | 44 | €52,525 | €54,858 | +€2,333 | +4.4% |
| Suppliers | 440/4 | €52,525 | €54,858 | +€2,333 | +4.4% |
| Advances received on contracts in progress | 46 | €32,884 | €16,066 | -€16,819 | -51.1% |
| Taxes, remuneration and social security | 45 | €33,308 | €40,879 | +€7,571 | +22.7% |
| Taxes | 450/3 | €15,740 | €27,646 | +€11,906 | +75.6% |
| Remuneration and social security | 454/9 | €17,568 | €13,233 | -€4,335 | -24.7% |
| Other amounts payable | 47/48 | €127,721 | €93,239 | -€34,482 | -27.0% |
| Accrued charges and deferred income | 492/3 | €51 | €163 | +€112 | +221% |
| Remuneration, social security and pensions | 62 | €153,141 | €91,468 | -€61,673 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,089 | €39,365 | +€2,275 | +6.1% |
| Other operating charges | 640/8 | €1,433 | €844 | -€589 | -41.1% |
| Gross operating margin | 9900 | €233,675 | €150,184 | -€83,491 | -35.7% |
| Operating profit (loss) | 9901 | €42,011 | €18,507 | -€23,504 | -55.9% |
| Financial income | 75/76B | €3,012 | €3,657 | +€645 | +21.4% |
| Recurring financial income | 75 | €3,012 | €3,657 | +€645 | +21.4% |
| Financial charges | 65/66B | €8,953 | €11,599 | +€2,646 | +29.6% |
| Recurring financial charges | 65 | €8,953 | €11,599 | +€2,646 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €36,070 | €10,565 | -€25,505 | -70.7% |
| Income taxes | 67/77 | €12,051 | €3,743 | -€8,308 | -68.9% |
| Profit (loss) for the period | 9904 | €24,019 | €6,822 | -€17,197 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,019 | €6,822 | -€17,197 | -71.6% |
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 25 October 2026 via checked.be.