CENTHRIC: 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.
CENTHRIC
Largest movements
- Cash -€49,269
down €49,269 (-75.1%), from €65,643 to €16,374
mainly Contributions, distributions and other (-€60,000) and Other debts (-€49,974)
- Tangible fixed assets -€9,732
down €9,732 (-23.5%), from €41,417 to €31,685
of which Furniture and vehicles: -€11,033
- Receivables within one year +€4,157
up €4,157 (+13.1%), from €31,756 to €35,913
of which Other amounts receivable: +€2,431
- Other debts -€49,974
down €49,974 (-99.0%), from €50,487 to €513
- Reserves -€8,515
down €8,515 (-12.5%), from €67,941 to €59,427
- Tax, wage and social debts +€4,408
up €4,408 (+252.1%), from €1,748 to €6,157
- Gross operating margin -€16,347
down €16,347 (-17.6%), from €92,837 to €76,489
- Taxes -€3,043
down €3,043 (-18.3%), from €16,650 to €13,607
- Depreciation -€2,027
down €2,027 (-15.5%), from €13,109 to €11,082
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 | €140,351 | €85,714 | -€54,637 | -38.9% |
| Fixed assets | 21/28 | €41,417 | €31,685 | -€9,732 | -23.5% |
| Tangible fixed assets | 22/27 | €41,417 | €31,685 | -€9,732 | -23.5% |
| Land and buildings | 22 | €50 | €1,350 | +€1,300 | +2626.2% |
| Furniture and vehicles | 24 | €41,367 | €30,335 | -€11,033 | -26.7% |
| Current assets | 29/58 | €98,934 | €54,029 | -€44,905 | -45.4% |
| Amounts receivable within one year | 40/41 | €31,756 | €35,913 | +€4,157 | +13.1% |
| Trade receivables | 40 | €18,406 | €20,132 | +€1,726 | +9.4% |
| Other amounts receivable | 41 | €13,350 | €15,782 | +€2,431 | +18.2% |
| Cash at bank and in hand | 54/58 | €65,643 | €16,374 | -€49,269 | -75.1% |
| Deferred charges and accrued income | 490/1 | €1,535 | €1,742 | +€207 | +13.5% |
| Total equity and liabilities | 10/49 | €140,351 | €85,714 | -€54,637 | -38.9% |
| Equity | 10/15 | €86,541 | €78,027 | -€8,515 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,941 | €59,427 | -€8,515 | -12.5% |
| Distributable reserves | 133 | €67,941 | €59,427 | -€8,515 | -12.5% |
| Amounts payable | 17/49 | €53,810 | €7,688 | -€46,122 | -85.7% |
| Amounts payable within one year | 42/48 | €53,810 | €7,688 | -€46,122 | -85.7% |
| Trade debts | 44 | €1,575 | €1,018 | -€557 | -35.3% |
| Suppliers | 440/4 | €1,575 | €1,018 | -€557 | -35.3% |
| Taxes, remuneration and social security | 45 | €1,748 | €6,157 | +€4,408 | +252.1% |
| Taxes | 450/3 | €1,748 | €6,157 | +€4,408 | +252.1% |
| Other amounts payable | 47/48 | €50,487 | €513 | -€49,974 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,109 | €11,082 | -€2,027 | -15.5% |
| Other operating charges | 640/8 | €267 | €340 | +€74 | +27.6% |
| Gross operating margin | 9900 | €92,837 | €76,489 | -€16,347 | -17.6% |
| Operating profit (loss) | 9901 | €79,461 | €65,067 | -€14,394 | -18.1% |
| Financial income | 75/76B | - | €128 | +€128 | |
| Recurring financial income | 75 | - | €128 | +€128 | |
| Financial charges | 65/66B | €56 | €103 | +€47 | +85.0% |
| Recurring financial charges | 65 | €56 | €103 | +€47 | +85.0% |
| Profit (loss) for the period before taxes | 9903 | €79,405 | €65,092 | -€14,313 | -18.0% |
| Income taxes | 67/77 | €16,650 | €13,607 | -€3,043 | -18.3% |
| Profit (loss) for the period | 9904 | €62,756 | €51,485 | -€11,271 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,756 | €51,485 | -€11,271 | -18.0% |
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 5 October 2026 via checked.be.