CENTIVE: 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.
CENTIVE
Largest movements
- Cash -€25,679
down €25,679 (-73.7%), from €34,823 to €9,144
mainly Net result for the year (-€15,937) and Other debts (-€12,537)
- Receivables within one year -€12,115
no longer reported in 2025 (was €12,115)
- Profit (loss) carried forward -€15,937
new in 2025: -€15,937
- Other debts -€12,537
down €12,537 (-79.4%), from €15,780 to €3,243
- Tax, wage and social debts -€11,673
down €11,673 (-94.4%), from €12,363 to €690
- Trade debts +€2,252
up €2,252 (+757.0%), from €297 to €2,549
- Gross operating margin -€36,080
down €36,080, from €21,848 to -€14,232
- Other operating charges -€1,455
down €1,455 (-79.0%), from €1,843 to €387
- Depreciation -€1,143
down €1,143 (-91.8%), from €1,245 to €102
- Financial charges -€245
down €245 (-19.0%), from €1,285 to €1,040
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.
Cash bridge derived
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 | €47,040 | €9,144 | -€37,896 | -80.6% |
| Fixed assets | 21/28 | €102 | - | -€102 | |
| Tangible fixed assets | 22/27 | €102 | - | -€102 | |
| Plant, machinery and equipment | 23 | €102 | - | -€102 | |
| Current assets | 29/58 | €46,939 | €9,144 | -€37,794 | -80.5% |
| Amounts receivable within one year | 40/41 | €12,115 | - | -€12,115 | |
| Trade receivables | 40 | €12,115 | - | -€12,115 | |
| Cash at bank and in hand | 54/58 | €34,823 | €9,144 | -€25,679 | -73.7% |
| Total equity and liabilities | 10/49 | €47,040 | €9,144 | -€37,896 | -80.6% |
| Equity | 10/15 | €18,600 | €2,663 | -€15,937 | -85.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,937 | -€15,937 | |
| Amounts payable | 17/49 | €28,440 | €6,481 | -€21,959 | -77.2% |
| Amounts payable within one year | 42/48 | €28,440 | €6,481 | -€21,959 | -77.2% |
| Trade debts | 44 | €297 | €2,549 | +€2,252 | +757.0% |
| Suppliers | 440/4 | €297 | €2,549 | +€2,252 | +757.0% |
| Taxes, remuneration and social security | 45 | €12,363 | €690 | -€11,673 | -94.4% |
| Taxes | 450/3 | €12,363 | €690 | -€11,673 | -94.4% |
| Other amounts payable | 47/48 | €15,780 | €3,243 | -€12,537 | -79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,245 | €102 | -€1,143 | -91.8% |
| Other operating charges | 640/8 | €1,843 | €387 | -€1,455 | -79.0% |
| Gross operating margin | 9900 | €21,848 | -€14,232 | -€36,080 | |
| Operating profit (loss) | 9901 | €18,760 | -€14,721 | -€33,481 | |
| Financial charges | 65/66B | €1,285 | €1,040 | -€245 | -19.0% |
| Recurring financial charges | 65 | €1,285 | €1,040 | -€245 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €17,475 | -€15,761 | -€33,236 | |
| Income taxes | 67/77 | €128 | €176 | +€48 | +37.6% |
| Profit (loss) for the period | 9904 | €17,347 | -€15,937 | -€33,284 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,347 | -€15,937 | -€33,284 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.