CENTR: 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.
CENTR
Largest movements
- Current investments -€498,576
down €498,576 (-57.1%), from €872,705 to €374,129
- Cash +€238,990
up €238,990 (+43.1%), from €553,923 to €792,913
mainly Current investments (+€498,576) and Tax, wage and social debts (+€40,950)
- Receivables within one year +€82,511
up €82,511 (+7.9%), from €1.0m to €1.1m
- Accrued charges and deferred income -€245,880
down €245,880 (-17.5%), from €1.4m to €1.2m
- Contributions -€61,074
down €61,074 (-6.2%), from €983,845 to €922,771
- Tax, wage and social debts +€40,950
up €40,950 (+39.2%), from €104,589 to €145,539
- Profit (loss) carried forward +€25,932
up €25,932 (+42.5%), from -€61,074 to -€35,142
- Gross operating margin +€154,775
up €154,775 (+25.4%), from €608,967 to €763,742
- Staff costs +€103,974
up €103,974 (+16.3%), from €637,219 to €741,193
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 | €2,571,996 | €2,367,164 | -€204,832 | -8.0% |
| Fixed assets | 21/28 | €41,755 | €30,041 | -€11,714 | -28.1% |
| Intangible fixed assets | 21 | €27,351 | €16,184 | -€11,167 | -40.8% |
| Tangible fixed assets | 22/27 | €3,964 | €3,379 | -€585 | -14.8% |
| Furniture and vehicles | 24 | €3,964 | €3,379 | -€585 | -14.8% |
| Financial fixed assets | 28 | €10,440 | €10,478 | +€38 | +0.4% |
| Current assets | 29/58 | €2,530,241 | €2,337,123 | -€193,118 | -7.6% |
| Amounts receivable within one year | 40/41 | €1,045,277 | €1,127,788 | +€82,511 | +7.9% |
| Trade receivables | 40 | €1,045,277 | €1,127,788 | +€82,511 | +7.9% |
| Current investments | 50/53 | €872,705 | €374,129 | -€498,576 | -57.1% |
| Cash at bank and in hand | 54/58 | €553,923 | €792,913 | +€238,990 | +43.1% |
| Deferred charges and accrued income | 490/1 | €58,336 | €42,293 | -€16,043 | -27.5% |
| Total equity and liabilities | 10/49 | €2,571,996 | €2,367,164 | -€204,832 | -8.0% |
| Equity | 10/15 | €993,511 | €980,591 | -€12,920 | -1.3% |
| Contributions | 10/11 | €983,845 | €922,771 | -€61,074 | -6.2% |
| Capital | 10 | €983,845 | €922,771 | -€61,074 | -6.2% |
| Reserves | 13 | €70,740 | €92,962 | +€22,222 | +31.4% |
| Profit (loss) carried forward | 14 | -€61,074 | -€35,142 | +€25,932 | +42.5% |
| Amounts payable | 17/49 | €1,578,485 | €1,386,573 | -€191,912 | -12.2% |
| Amounts payable within one year | 42/48 | €172,524 | €226,492 | +€53,968 | +31.3% |
| Financial debts | 43 | €3,747 | €12,601 | +€8,854 | +236.3% |
| Credit institutions | 430/8 | €3,747 | €12,601 | +€8,854 | +236.3% |
| Trade debts | 44 | €64,188 | €68,352 | +€4,164 | +6.5% |
| Suppliers | 440/4 | €64,188 | €68,352 | +€4,164 | +6.5% |
| Taxes, remuneration and social security | 45 | €104,589 | €145,539 | +€40,950 | +39.2% |
| Remuneration and social security | 454/9 | €104,589 | €145,539 | +€40,950 | +39.2% |
| Accrued charges and deferred income | 492/3 | €1,405,961 | €1,160,081 | -€245,880 | -17.5% |
| Remuneration, social security and pensions | 62 | €637,219 | €741,193 | +€103,974 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,991 | €28,899 | -€2,092 | -6.8% |
| Other operating charges | 640/8 | €14,979 | €13,519 | -€1,460 | -9.7% |
| Gross operating margin | 9900 | €608,967 | €763,742 | +€154,775 | +25.4% |
| Operating profit (loss) | 9901 | -€74,222 | -€19,869 | +€54,353 | +73.2% |
| Financial income | 75/76B | €14,750 | €8,160 | -€6,590 | -44.7% |
| Recurring financial income | 75 | €14,750 | €8,160 | -€6,590 | -44.7% |
| Financial charges | 65/66B | €1,602 | €1,212 | -€390 | -24.3% |
| Recurring financial charges | 65 | €1,602 | €1,212 | -€390 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€61,074 | -€12,921 | +€48,153 | +78.8% |
| Profit (loss) for the period | 9904 | -€61,074 | -€12,921 | +€48,153 | +78.8% |
| Transfer to tax-exempt reserves | 689 | - | €22,221 | +€22,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,074 | -€35,142 | +€25,932 | +42.5% |
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 8 October 2026 via checked.be.