Centrafort: 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.
Centrafort
Largest movements
- Cash +€38,671
up €38,671 (+93.8%), from €41,220 to €79,892
mainly Other debts (+€30,000) and Net result for the year (+€22,559)
- Receivables within one year -€12,952
down €12,952 (-67.7%), from €19,133 to €6,182
of which Other amounts receivable: -€8,576
- Stocks and contracts -€3,369
down €3,369 (-10.7%), from €31,623 to €28,255
- Tangible fixed assets +€2,481
up €2,481 (+34.0%), from €7,286 to €9,767
of which Furniture and vehicles: +€3,062
- Deferred charges and accrued income +€1,825
new in 2025: €1,825
- Other debts +€30,000
new in 2025: €30,000
- Reserves -€10,021
down €10,021 (-12.7%), from €79,065 to €69,044
- Tax, wage and social debts +€5,805
new in 2025: €5,805
of which Taxes: +€5,619
- Purchases and services -€42,059
down €42,059 (-14.1%), from €297,839 to €255,779
- Turnover -€38,185
down €38,185 (-11.2%), from €340,561 to €302,376
- Gross operating margin +€3,874
up €3,874 (+9.1%), from €42,722 to €46,597
- Staff costs +€3,458
up €3,458 (+54.8%), from €6,309 to €9,767
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 | €99,872 | €126,312 | +€26,440 | +26.5% |
| Formation expenses | 20 | €326 | €110 | -€217 | -66.4% |
| Fixed assets | 21/28 | €7,569 | €10,050 | +€2,481 | +32.8% |
| Tangible fixed assets | 22/27 | €7,286 | €9,767 | +€2,481 | +34.0% |
| Plant, machinery and equipment | 23 | €3,625 | €3,044 | -€581 | -16.0% |
| Furniture and vehicles | 24 | €3,662 | €6,723 | +€3,062 | +83.6% |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €91,977 | €116,153 | +€24,176 | +26.3% |
| Stocks and contracts in progress | 3 | €31,623 | €28,255 | -€3,369 | -10.7% |
| Stocks | 30/36 | €31,623 | €28,255 | -€3,369 | -10.7% |
| Amounts receivable within one year | 40/41 | €19,133 | €6,182 | -€12,952 | -67.7% |
| Trade receivables | 40 | €6,483 | €2,108 | -€4,375 | -67.5% |
| Other amounts receivable | 41 | €12,650 | €4,074 | -€8,576 | -67.8% |
| Cash at bank and in hand | 54/58 | €41,220 | €79,892 | +€38,671 | +93.8% |
| Deferred charges and accrued income | 490/1 | - | €1,825 | +€1,825 | |
| Total equity and liabilities | 10/49 | €99,872 | €126,312 | +€26,440 | +26.5% |
| Equity | 10/15 | €97,377 | €87,356 | -€10,021 | -10.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €79,065 | €69,044 | -€10,021 | -12.7% |
| Distributable reserves | 133 | €79,065 | €69,044 | -€10,021 | -12.7% |
| Profit (loss) carried forward | 14 | €8,312 | €8,312 | = | 0.0% |
| Amounts payable | 17/49 | €2,495 | €38,956 | +€36,461 | +1,461% |
| Amounts payable within one year | 42/48 | €2,495 | €38,956 | +€36,461 | +1,461% |
| Trade debts | 44 | €2,495 | €3,151 | +€655 | +26.3% |
| Suppliers | 440/4 | €2,495 | €3,151 | +€655 | +26.3% |
| Taxes, remuneration and social security | 45 | - | €5,805 | +€5,805 | |
| Taxes | 450/3 | - | €5,619 | +€5,619 | |
| Remuneration and social security | 454/9 | - | €187 | +€187 | |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Turnover | 70 | €340,561 | €302,376 | -€38,185 | -11.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €297,839 | €255,779 | -€42,059 | -14.1% |
| Remuneration, social security and pensions | 62 | €6,309 | €9,767 | +€3,458 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,515 | €4,128 | +€613 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,763 | - | +€2,763 | |
| Other operating charges | 640/8 | €1,334 | €1,860 | +€525 | +39.4% |
| Gross operating margin | 9900 | €42,722 | €46,597 | +€3,874 | +9.1% |
| Operating profit (loss) | 9901 | €34,327 | €30,843 | -€3,484 | -10.2% |
| Financial income | 75/76B | €1,488 | €1,423 | -€65 | -4.4% |
| Recurring financial income | 75 | €1,488 | €1,423 | -€65 | -4.4% |
| Financial charges | 65/66B | €136 | €166 | +€30 | +21.9% |
| Recurring financial charges | 65 | €136 | €166 | +€30 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €35,679 | €32,099 | -€3,580 | -10.0% |
| Income taxes | 67/77 | €8,000 | €9,540 | +€1,540 | +19.3% |
| Profit (loss) for the period | 9904 | €27,679 | €22,559 | -€5,120 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,679 | €22,559 | -€5,120 | -18.5% |
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.