CENTO ANNI: 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.
What changed
CENTO ANNI
NACE 47.791, Retail sale of antiques
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€64,761
2023 · -€151,653+€86,892
Equity
€338,995
2023 · €403,755-€64,761
Cash
€113,574
2023 · €104,886+€8,688
Balance sheet total
€1.3m
2023 · €1.3m-€4,569
Largest movements
Assets
- Receivables within one year -€134,815
down €134,815 (-31.5%), from €427,517 to €292,703
of which Trade receivables: -€152,657
- Stocks and contracts +€132,180
up €132,180 (+19.2%), from €688,520 to €820,700
Equity and liabilities
- Other debts +€126,313
up €126,313 (+104.4%), from €120,985 to €247,298
- Trade debts -€68,809
down €68,809 (-15.5%), from €445,214 to €376,406
of which Suppliers: -€115,209
- Profit (loss) carried forward -€64,761
down €64,761 (-17.0%), from €381,073 to €316,312
- Advances received -€15,827
down €15,827 (-27.3%), from €58,027 to €42,200
- Accrued charges and deferred income +€15,810
new in 2024: €15,810
Income statement
- Gross operating margin +€85,579
up €85,579 (+60.8%), from -€140,819 to -€55,240
- Financial income +€1,515
up €1,515 (+11004.1%), from €14 to €1,529
From the 2023 result to the 2024 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.
Result 2023
-€151,653
Gross operating margin
+€85,579
Depreciation
-€19
Other operating charges
-€244
Financial income
+€1,515
Financial charges
+€139
Taxes
-€78
Result 2024
-€64,761
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€10,867
Investment
-€4,060
Financing
+€1,881
Cash 2023
€104,886
From operations (derived)
+€10,867
Net result for the year
-€64,761
Depreciation
+€4,331
Stocks and contracts
-€132,180
Receivables within one year
+€134,815
Deferred charges and accrued income
+€10,352
Trade debts
-€68,809
Tax, wage and social debts
+€823
Advances received
-€15,827
Other debts
+€126,313
Accrued charges and deferred income
+€15,810
Investment (derived)
-€4,060
Investment in fixed assets (net)
-€4,060
Financing
+€1,881
Debts after one year
+€1,881
Cash 2024
€113,574
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,312,098 | €1,307,528 | -€4,569 | -0.3% |
| Fixed assets | 21/28 | €77,795 | €77,524 | -€271 | -0.3% |
| Intangible fixed assets | 21 | €50,000 | €50,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €13,666 | €13,395 | -€271 | -2.0% |
| Plant, machinery and equipment | 23 | €9,451 | €7,364 | -€2,087 | -22.1% |
| Furniture and vehicles | 24 | €2,508 | €1,926 | -€582 | -23.2% |
| Other tangible fixed assets | 26 | €1,707 | €4,104 | +€2,397 | +140.4% |
| Financial fixed assets | 28 | €14,130 | €14,130 | = | 0.0% |
| Current assets | 29/58 | €1,234,302 | €1,230,004 | -€4,298 | -0.3% |
| Stocks and contracts in progress | 3 | €688,520 | €820,700 | +€132,180 | +19.2% |
| Stocks | 30/36 | €688,520 | €820,700 | +€132,180 | +19.2% |
| Amounts receivable within one year | 40/41 | €427,517 | €292,703 | -€134,815 | -31.5% |
| Trade receivables | 40 | €335,534 | €182,877 | -€152,657 | -45.5% |
| Other amounts receivable | 41 | €91,983 | €109,826 | +€17,842 | +19.4% |
| Cash at bank and in hand | 54/58 | €104,886 | €113,574 | +€8,688 | +8.3% |
| Deferred charges and accrued income | 490/1 | €13,378 | €3,026 | -€10,352 | -77.4% |
| Total equity and liabilities | 10/49 | €1,312,098 | €1,307,528 | -€4,569 | -0.3% |
| Equity | 10/15 | €403,755 | €338,995 | -€64,761 | -16.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,090 | €4,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,090 | €4,090 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Own shares acquired | 1312 | €2,231 | €2,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | €381,073 | €316,312 | -€64,761 | -17.0% |
| Amounts payable | 17/49 | €908,342 | €968,534 | +€60,191 | +6.6% |
| Amounts payable after more than one year | 17 | €227,980 | €229,861 | +€1,881 | +0.8% |
| Financial debts | 170/4 | €227,980 | €229,861 | +€1,881 | +0.8% |
| Amounts payable within one year | 42/48 | €680,362 | €722,863 | +€42,500 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €54,999 | €54,999 | = | 0.0% |
| Trade debts | 44 | €445,214 | €376,406 | -€68,809 | -15.5% |
| Suppliers | 440/4 | €289,764 | €174,556 | -€115,209 | -39.8% |
| Bills of exchange payable | 441 | €155,450 | €201,850 | +€46,400 | +29.8% |
| Advances received on contracts in progress | 46 | €58,027 | €42,200 | -€15,827 | -27.3% |
| Taxes, remuneration and social security | 45 | €1,137 | €1,960 | +€823 | +72.4% |
| Taxes | 450/3 | - | €820 | +€820 | |
| Remuneration and social security | 454/9 | €1,137 | €1,140 | +€3 | +0.3% |
| Other amounts payable | 47/48 | €120,985 | €247,298 | +€126,313 | +104.4% |
| Accrued charges and deferred income | 492/3 | - | €15,810 | +€15,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,312 | €4,331 | +€19 | +0.4% |
| Other operating charges | 640/8 | €4,588 | €4,832 | +€244 | +5.3% |
| Gross operating margin | 9900 | -€140,819 | -€55,240 | +€85,579 | +60.8% |
| Operating profit (loss) | 9901 | -€149,720 | -€64,404 | +€85,316 | +57.0% |
| Financial income | 75/76B | €14 | €1,529 | +€1,515 | +11004.1% |
| Recurring financial income | 75 | €14 | €1,529 | +€1,515 | +11004.1% |
| Financial charges | 65/66B | €1,205 | €1,066 | -€139 | -11.5% |
| Recurring financial charges | 65 | €1,205 | €1,066 | -€139 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€150,911 | -€63,941 | +€86,970 | +57.6% |
| Income taxes | 67/77 | €741 | €820 | +€78 | +10.6% |
| Profit (loss) for the period | 9904 | -€151,653 | -€64,761 | +€86,892 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€151,653 | -€64,761 | +€86,892 | +57.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.