CENTRAL: 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.
CENTRAL
Largest movements
- Cash +€18,044
up €18,044 (+241.6%), from €7,470 to €25,514
mainly Receivables within one year (+€14,351) and Depreciation (+€8,798)
- Receivables within one year -€14,351
down €14,351 (-88.6%), from €16,190 to €1,839
of which Trade receivables: -€14,351
- Tangible fixed assets -€8,799
down €8,799 (-11.3%), from €77,867 to €69,068
of which Land and buildings: -€8,511
- Current investments -€2,982
down €2,982 (-37.1%), from €8,027 to €5,045
- Profit (loss) carried forward -€5,433
down €5,433 (-12.6%), from -€43,104 to -€48,537
- Debts after one year -€4,056
down €4,056 (-39.1%), from €10,368 to €6,312
- Tax, wage and social debts +€1,205
up €1,205 (+37.8%), from €3,189 to €4,394
- Financial income -€1,654
down €1,654 (-98.9%), from €1,673 to €19
of which Non-recurring financial income: -€1,648
- Depreciation -€1,356
down €1,356 (-13.4%), from €10,154 to €8,798
- Other operating charges +€1,175
up €1,175 (+36.8%), from €3,191 to €4,366
- Gross operating margin +€957
up €957 (+12.9%), from €7,418 to €8,375
- Financial charges -€121
down €121 (-15.4%), from €784 to €663
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 | €110,311 | €102,063 | -€8,248 | -7.5% |
| Fixed assets | 21/28 | €77,867 | €69,068 | -€8,799 | -11.3% |
| Tangible fixed assets | 22/27 | €77,867 | €69,068 | -€8,799 | -11.3% |
| Land and buildings | 22 | €77,404 | €68,893 | -€8,511 | -11.0% |
| Furniture and vehicles | 24 | €463 | €175 | -€288 | -62.2% |
| Current assets | 29/58 | €32,444 | €32,995 | +€551 | +1.7% |
| Amounts receivable within one year | 40/41 | €16,190 | €1,839 | -€14,351 | -88.6% |
| Trade receivables | 40 | €14,351 | - | -€14,351 | |
| Other amounts receivable | 41 | €1,839 | €1,839 | = | 0.0% |
| Current investments | 50/53 | €8,027 | €5,045 | -€2,982 | -37.1% |
| Cash at bank and in hand | 54/58 | €7,470 | €25,514 | +€18,044 | +241.6% |
| Deferred charges and accrued income | 490/1 | €757 | €597 | -€160 | -21.1% |
| Total equity and liabilities | 10/49 | €110,311 | €102,063 | -€8,248 | -7.5% |
| Equity | 10/15 | €83,567 | €78,134 | -€5,433 | -6.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €120,474 | €120,474 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €118,615 | €118,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,104 | -€48,537 | -€5,433 | -12.6% |
| Amounts payable | 17/49 | €26,744 | €23,929 | -€2,815 | -10.5% |
| Amounts payable after more than one year | 17 | €10,368 | €6,312 | -€4,056 | -39.1% |
| Financial debts | 170/4 | €10,368 | €6,312 | -€4,056 | -39.1% |
| Amounts payable within one year | 42/48 | €16,376 | €17,617 | +€1,241 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €3,938 | €4,056 | +€118 | +3.0% |
| Trade debts | 44 | €628 | €319 | -€309 | -49.2% |
| Suppliers | 440/4 | €628 | €319 | -€309 | -49.2% |
| Taxes, remuneration and social security | 45 | €3,189 | €4,394 | +€1,205 | +37.8% |
| Taxes | 450/3 | €3,189 | €4,394 | +€1,205 | +37.8% |
| Other amounts payable | 47/48 | €8,621 | €8,848 | +€227 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,154 | €8,798 | -€1,356 | -13.4% |
| Other operating charges | 640/8 | €3,191 | €4,366 | +€1,175 | +36.8% |
| Gross operating margin | 9900 | €7,418 | €8,375 | +€957 | +12.9% |
| Operating profit (loss) | 9901 | -€5,927 | -€4,789 | +€1,138 | +19.2% |
| Financial income | 75/76B | €1,673 | €19 | -€1,654 | -98.9% |
| Recurring financial income | 75 | €25 | €19 | -€6 | -24.0% |
| Non-recurring financial income | 76B | €1,648 | - | -€1,648 | |
| Financial charges | 65/66B | €784 | €663 | -€121 | -15.4% |
| Recurring financial charges | 65 | €784 | €663 | -€121 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,038 | -€5,433 | -€395 | -7.8% |
| Profit (loss) for the period | 9904 | -€5,038 | -€5,433 | -€395 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,038 | -€5,433 | -€395 | -7.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.