CENTINO: 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.
CENTINO
Largest movements
- Tangible fixed assets -€28,648
down €28,648 (-7.1%), from €404,983 to €376,335
of which Land and buildings: -€21,933
- Receivables within one year -€19,137
down €19,137 (-97.6%), from €19,614 to €477
of which Other amounts receivable: -€19,195
- Cash -€5,215
down €5,215 (-20.3%), from €25,657 to €20,443
mainly Other debts (-€39,571) and Debts after one year (-€22,269)
- Other debts -€39,571
down €39,571 (-75.1%), from €52,726 to €13,155
- Debts after one year -€22,269
down €22,269 (-9.2%), from €241,689 to €219,420
- Profit (loss) carried forward +€17,279
up €17,279 (+37.6%), from -€45,991 to -€28,712
- Reserves -€6,563
down €6,563 (-3.8%), from €174,676 to €168,113
of which Tax-exempt reserves: -€6,563
- Financial charges -€1,905
down €1,905 (-29.0%), from €6,572 to €4,667
- Gross operating margin +€1,102
up €1,102 (+2.6%), from €42,776 to €43,878
- Other operating charges -€909
down €909 (-28.7%), from €3,163 to €2,254
- Financial income -€539
down €539 (-71.0%), from €759 to €220
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 | €490,254 | €437,255 | -€52,999 | -10.8% |
| Fixed assets | 21/28 | €404,983 | €376,335 | -€28,648 | -7.1% |
| Tangible fixed assets | 22/27 | €404,983 | €376,335 | -€28,648 | -7.1% |
| Land and buildings | 22 | €359,036 | €337,103 | -€21,933 | -6.1% |
| Plant, machinery and equipment | 23 | €45,947 | €39,232 | -€6,715 | -14.6% |
| Current assets | 29/58 | €85,271 | €60,920 | -€24,352 | -28.6% |
| Amounts receivable within one year | 40/41 | €19,614 | €477 | -€19,137 | -97.6% |
| Trade receivables | 40 | €353 | €411 | +€58 | +16.5% |
| Other amounts receivable | 41 | €19,261 | €66 | -€19,195 | -99.7% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,657 | €20,443 | -€5,215 | -20.3% |
| Total equity and liabilities | 10/49 | €490,254 | €437,255 | -€52,999 | -10.8% |
| Equity | 10/15 | €138,685 | €149,401 | +€10,716 | +7.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €174,676 | €168,113 | -€6,563 | -3.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €105,593 | €99,031 | -€6,563 | -6.2% |
| Distributable reserves | 133 | €69,082 | €69,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,991 | -€28,712 | +€17,279 | +37.6% |
| Provisions and deferred taxes | 16 | €35,198 | €33,010 | -€2,188 | -6.2% |
| Deferred taxes | 168 | €35,198 | €33,010 | -€2,188 | -6.2% |
| Amounts payable | 17/49 | €316,372 | €254,843 | -€61,528 | -19.4% |
| Amounts payable after more than one year | 17 | €241,689 | €219,420 | -€22,269 | -9.2% |
| Financial debts | 170/4 | €241,689 | €219,420 | -€22,269 | -9.2% |
| Amounts payable within one year | 42/48 | €74,683 | €35,423 | -€39,260 | -52.6% |
| Current portion of amounts payable after more than one year | 42 | €21,957 | €22,269 | +€311 | +1.4% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,726 | €13,155 | -€39,571 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,648 | €28,648 | = | 0.0% |
| Other operating charges | 640/8 | €3,163 | €2,254 | -€909 | -28.7% |
| Gross operating margin | 9900 | €42,776 | €43,878 | +€1,102 | +2.6% |
| Operating profit (loss) | 9901 | €10,965 | €12,976 | +€2,011 | +18.3% |
| Financial income | 75/76B | €759 | €220 | -€539 | -71.0% |
| Recurring financial income | 75 | €759 | €220 | -€539 | -71.0% |
| Financial charges | 65/66B | €6,572 | €4,667 | -€1,905 | -29.0% |
| Recurring financial charges | 65 | €6,572 | €4,667 | -€1,905 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €5,152 | €8,529 | +€3,377 | +65.6% |
| Transfer from deferred taxes | 780 | €2,188 | €2,188 | = | 0.0% |
| Profit (loss) for the period | 9904 | €7,339 | €10,716 | +€3,377 | +46.0% |
| Transfer from tax-exempt reserves | 789 | €6,563 | €6,563 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,902 | €17,279 | +€3,377 | +24.3% |
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 14 October 2026 via checked.be.