CENTIS ENGINEERING: 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.
CENTIS ENGINEERING
Largest movements
- Receivables within one year +€35,496
up €35,496 (+501%), from €7,079 to €42,575
of which Other amounts receivable: +€23,880
- Cash -€16,346
down €16,346 (-48.6%), from €33,661 to €17,315
mainly Receivables within one year (-€35,496) and Current portion of long-term debt (-€7,326)
- Tangible fixed assets -€6,062
down €6,062 (-16.3%), from €37,265 to €31,203
of which Other tangible fixed assets: -€4,319
- Tax, wage and social debts +€14,835
up €14,835 (+271%), from €5,473 to €20,308
of which Taxes: +€14,835
- Reserves +€9,000
up €9,000 (+113%), from €8,000 to €17,000
- Current portion of long-term debt -€7,326
down €7,326 (-74.8%), from €9,794 to €2,469
- Debts after one year -€2,469
no longer reported in 2025 (was €2,469)
- Gross operating margin +€2,869
up €2,869 (+11.1%), from €25,856 to €28,725
- Depreciation +€1,141
up €1,141 (+10.8%), from €10,532 to €11,673
- Taxes +€537
up €537 (+9.4%), from €5,731 to €6,268
- Financial charges +€432
up €432 (+137%), from €316 to €748
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 | €109,005 | €122,094 | +€13,088 | +12.0% |
| Fixed assets | 21/28 | €68,265 | €62,203 | -€6,062 | -8.9% |
| Tangible fixed assets | 22/27 | €37,265 | €31,203 | -€6,062 | -16.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €19,559 | €17,816 | -€1,743 | -8.9% |
| Other tangible fixed assets | 26 | €17,706 | €13,388 | -€4,319 | -24.4% |
| Financial fixed assets | 28 | €31,000 | €31,000 | = | 0.0% |
| Current assets | 29/58 | €40,740 | €59,890 | +€19,150 | +47.0% |
| Amounts receivable within one year | 40/41 | €7,079 | €42,575 | +€35,496 | +501% |
| Trade receivables | 40 | €0 | €11,616 | +€11,616 | |
| Other amounts receivable | 41 | €7,079 | €30,959 | +€23,880 | +337% |
| Cash at bank and in hand | 54/58 | €33,661 | €17,315 | -€16,346 | -48.6% |
| Total equity and liabilities | 10/49 | €109,005 | €122,094 | +€13,088 | +12.0% |
| Equity | 10/15 | €89,617 | €98,938 | +€9,321 | +10.4% |
| Contributions | 10/11 | €15,060 | €15,060 | = | 0.0% |
| Reserves | 13 | €8,000 | €17,000 | +€9,000 | +113% |
| Distributable reserves | 133 | €8,000 | €17,000 | +€9,000 | +113% |
| Profit (loss) carried forward | 14 | €66,557 | €66,878 | +€321 | +0.5% |
| Amounts payable | 17/49 | €19,388 | €23,156 | +€3,768 | +19.4% |
| Amounts payable after more than one year | 17 | €2,469 | - | -€2,469 | |
| Financial debts | 170/4 | €2,469 | - | -€2,469 | |
| Amounts payable within one year | 42/48 | €16,919 | €23,156 | +€6,236 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €9,794 | €2,469 | -€7,326 | -74.8% |
| Trade debts | 44 | €964 | €379 | -€585 | -60.7% |
| Suppliers | 440/4 | €964 | €379 | -€585 | -60.7% |
| Taxes, remuneration and social security | 45 | €5,473 | €20,308 | +€14,835 | +271% |
| Taxes | 450/3 | €5,473 | €20,308 | +€14,835 | +271% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €689 | €0 | -€689 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,532 | €11,673 | +€1,141 | +10.8% |
| Other operating charges | 640/8 | €881 | €721 | -€160 | -18.1% |
| Gross operating margin | 9900 | €25,856 | €28,725 | +€2,869 | +11.1% |
| Operating profit (loss) | 9901 | €14,444 | €16,332 | +€1,888 | +13.1% |
| Financial income | 75/76B | €6 | €5 | -€1 | -10.2% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -10.2% |
| Financial charges | 65/66B | €316 | €748 | +€432 | +137% |
| Recurring financial charges | 65 | €316 | €748 | +€432 | +137% |
| Profit (loss) for the period before taxes | 9903 | €14,133 | €15,588 | +€1,455 | +10.3% |
| Income taxes | 67/77 | €5,731 | €6,268 | +€537 | +9.4% |
| Profit (loss) for the period | 9904 | €8,402 | €9,321 | +€919 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,402 | €9,321 | +€919 | +10.9% |
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 19 October 2026 via checked.be.