CentipedeMind: 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.
CentipedeMind
Largest movements
- Cash +€125,061
up €125,061 (+178%), from €70,169 to €195,230
mainly Net result for the year (+€78,107) and Current investments (+€54,820)
- Current investments -€54,820
down €54,820 (-79.4%), from €69,045 to €14,225
- Tangible fixed assets -€48,716
down €48,716 (-8.3%), from €584,671 to €535,955
of which Land and buildings: -€30,213
- Reserves +€78,107
up €78,107 (+20.0%), from €389,909 to €468,016
of which Distributable reserves: +€78,107
- Debts after one year -€58,924
down €58,924 (-25.6%), from €230,408 to €171,483
- Gross operating margin +€28,898
up €28,898 (+16.0%), from €181,169 to €210,067
- Taxes +€20,233
up €20,233 (+54.5%), from €37,097 to €57,330
- Write-downs +€4,854
up €4,854, from -€4,854 to €0
- Depreciation -€2,974
down €2,974 (-5.2%), from €56,882 to €53,908
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 | €801,223 | €814,866 | +€13,642 | +1.7% |
| Fixed assets | 21/28 | €584,671 | €535,955 | -€48,716 | -8.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €584,671 | €535,955 | -€48,716 | -8.3% |
| Land and buildings | 22 | €524,692 | €494,478 | -€30,213 | -5.8% |
| Plant, machinery and equipment | 23 | €189 | €0 | -€189 | -100% |
| Furniture and vehicles | 24 | €57,791 | €40,725 | -€17,065 | -29.5% |
| Other tangible fixed assets | 26 | €2,000 | €752 | -€1,248 | -62.4% |
| Current assets | 29/58 | €216,552 | €278,910 | +€62,358 | +28.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €74,157 | €66,029 | -€8,128 | -11.0% |
| Trade receivables | 40 | €74,132 | €66,029 | -€8,103 | -10.9% |
| Other amounts receivable | 41 | €24 | €0 | -€24 | -100% |
| Current investments | 50/53 | €69,045 | €14,225 | -€54,820 | -79.4% |
| Cash at bank and in hand | 54/58 | €70,169 | €195,230 | +€125,061 | +178% |
| Deferred charges and accrued income | 490/1 | €3,182 | €3,427 | +€245 | +7.7% |
| Total equity and liabilities | 10/49 | €801,223 | €814,866 | +€13,642 | +1.7% |
| Equity | 10/15 | €409,494 | €487,601 | +€78,107 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €389,909 | €468,016 | +€78,107 | +20.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €389,909 | €468,016 | +€78,107 | +20.0% |
| Profit (loss) carried forward | 14 | €984 | €984 | = | 0.0% |
| Amounts payable | 17/49 | €391,730 | €327,265 | -€64,465 | -16.5% |
| Amounts payable after more than one year | 17 | €230,408 | €171,483 | -€58,924 | -25.6% |
| Financial debts | 170/4 | €230,408 | €171,483 | -€58,924 | -25.6% |
| Amounts payable within one year | 42/48 | €155,798 | €149,339 | -€6,459 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €63,793 | €58,924 | -€4,869 | -7.6% |
| Trade debts | 44 | €6,918 | €8,668 | +€1,750 | +25.3% |
| Suppliers | 440/4 | €6,918 | €8,668 | +€1,750 | +25.3% |
| Taxes, remuneration and social security | 45 | €6,070 | €5,790 | -€280 | -4.6% |
| Taxes | 450/3 | €6,070 | €5,790 | -€280 | -4.6% |
| Other amounts payable | 47/48 | €79,017 | €75,956 | -€3,061 | -3.9% |
| Accrued charges and deferred income | 492/3 | €5,524 | €6,443 | +€919 | +16.6% |
| Non-recurring operating income | 76A | €1,738 | €0 | -€1,738 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,882 | €53,908 | -€2,974 | -5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,854 | €0 | +€4,854 | |
| Other operating charges | 640/8 | €8,732 | €10,715 | +€1,982 | +22.7% |
| Non-recurring operating charges | 66A | €272 | €316 | +€44 | +16.3% |
| Gross operating margin | 9900 | €181,169 | €210,067 | +€28,898 | +16.0% |
| Operating profit (loss) | 9901 | €120,137 | €145,128 | +€24,991 | +20.8% |
| Financial income | 75/76B | €1,583 | €1,759 | +€177 | +11.2% |
| Recurring financial income | 75 | €1,583 | €1,759 | +€177 | +11.2% |
| Financial charges | 65/66B | €11,161 | €11,450 | +€290 | +2.6% |
| Recurring financial charges | 65 | €11,161 | €11,450 | +€290 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €110,559 | €135,437 | +€24,878 | +22.5% |
| Income taxes | 67/77 | €37,097 | €57,330 | +€20,233 | +54.5% |
| Profit (loss) for the period | 9904 | €73,462 | €78,107 | +€4,645 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,462 | €78,107 | +€4,645 | +6.3% |
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.