CENTIPEDA: 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.
CENTIPEDA
Largest movements
- Receivables within one year -€35,505
down €35,505 (-38.6%), from €92,028 to €56,523
of which Trade receivables: -€32,597
- Tangible fixed assets -€29,027
down €29,027 (-30.4%), from €95,637 to €66,610
- Deferred charges and accrued income -€28,825
no longer reported in 2025 (was €28,825)
- Cash +€14,289
up €14,289 (+6.0%), from €239,533 to €253,822
mainly Net result for the year (+€41,701) and Receivables within one year (+€35,505)
- Trade debts -€33,604
down €33,604 (-84.4%), from €39,825 to €6,221
- Reserves -€32,344
down €32,344 (-5.8%), from €559,217 to €526,873
of which Distributable reserves: -€32,344
- Other debts +€11,416
new in 2025: €11,416
- Tax, wage and social debts -€11,372
down €11,372 (-51.1%), from €22,238 to €10,866
- Current portion of long-term debt -€6,874
no longer reported in 2025 (was €6,874)
- Gross operating margin -€74,691
down €74,691 (-47.0%), from €158,993 to €84,301
- Financial charges +€12,964
up €12,964, from -€4,179 to €8,785
- Taxes -€12,084
down €12,084 (-32.9%), from €36,685 to €24,601
- Depreciation -€7,748
down €7,748 (-33.1%), from €23,410 to €15,662
- Financial income +€6,788
up €6,788 (+314%), from €2,160 to €8,948
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 | €653,044 | €573,976 | -€79,069 | -12.1% |
| Fixed assets | 21/28 | €95,637 | €66,610 | -€29,027 | -30.4% |
| Tangible fixed assets | 22/27 | €95,637 | €66,610 | -€29,027 | -30.4% |
| Land and buildings | 22 | €51,396 | €46,001 | -€5,395 | -10.5% |
| Furniture and vehicles | 24 | €30,876 | €20,609 | -€10,267 | -33.3% |
| Leasing and similar rights | 25 | €13,365 | - | -€13,365 | |
| Current assets | 29/58 | €557,408 | €507,366 | -€50,042 | -9.0% |
| Amounts receivable within one year | 40/41 | €92,028 | €56,523 | -€35,505 | -38.6% |
| Trade receivables | 40 | €83,726 | €51,130 | -€32,597 | -38.9% |
| Other amounts receivable | 41 | €8,302 | €5,393 | -€2,909 | -35.0% |
| Current investments | 50/53 | €197,022 | €197,022 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €239,533 | €253,822 | +€14,289 | +6.0% |
| Deferred charges and accrued income | 490/1 | €28,825 | - | -€28,825 | |
| Total equity and liabilities | 10/49 | €653,044 | €573,976 | -€79,069 | -12.1% |
| Equity | 10/15 | €577,817 | €545,473 | -€32,344 | -5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €559,217 | €526,873 | -€32,344 | -5.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €540,467 | €508,123 | -€32,344 | -6.0% |
| Amounts payable | 17/49 | €75,227 | €28,503 | -€46,724 | -62.1% |
| Amounts payable after more than one year | 17 | €6,290 | - | -€6,290 | |
| Financial debts | 170/4 | €6,290 | - | -€6,290 | |
| Amounts payable within one year | 42/48 | €68,937 | €28,503 | -€40,434 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €6,874 | - | -€6,874 | |
| Trade debts | 44 | €39,825 | €6,221 | -€33,604 | -84.4% |
| Suppliers | 440/4 | €39,825 | €6,221 | -€33,604 | -84.4% |
| Taxes, remuneration and social security | 45 | €22,238 | €10,866 | -€11,372 | -51.1% |
| Taxes | 450/3 | €22,238 | €10,866 | -€11,372 | -51.1% |
| Other amounts payable | 47/48 | - | €11,416 | +€11,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,410 | €15,662 | -€7,748 | -33.1% |
| Other operating charges | 640/8 | €2,501 | €2,500 | -€1 | 0.0% |
| Gross operating margin | 9900 | €158,993 | €84,301 | -€74,691 | -47.0% |
| Operating profit (loss) | 9901 | €133,081 | €66,139 | -€66,942 | -50.3% |
| Financial income | 75/76B | €2,160 | €8,948 | +€6,788 | +314% |
| Recurring financial income | 75 | €2,160 | €8,948 | +€6,788 | +314% |
| Financial charges | 65/66B | -€4,179 | €8,785 | +€12,964 | |
| Recurring financial charges | 65 | -€4,179 | €8,785 | +€12,964 | |
| Profit (loss) for the period before taxes | 9903 | €139,420 | €66,302 | -€73,118 | -52.4% |
| Income taxes | 67/77 | €36,685 | €24,601 | -€12,084 | -32.9% |
| Profit (loss) for the period | 9904 | €102,735 | €41,701 | -€61,034 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,735 | €41,701 | -€61,034 | -59.4% |
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 25 October 2026 via checked.be.