CENTRAL GROUP: 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 GROUP
Largest movements
- Receivables within one year +€90,511
up €90,511 (+26.9%), from €336,342 to €426,853
of which Trade receivables: +€72,534
- Tangible fixed assets -€7,823
down €7,823 (-32.9%), from €23,772 to €15,949
of which Furniture and vehicles: -€8,397
- Trade debts +€64,685
up €64,685 (+48.4%), from €133,646 to €198,332
- Profit (loss) carried forward +€18,121
up €18,121 (+14.3%), from €127,060 to €145,181
- Turnover -€376,066
down €376,066 (-49.1%), from €766,371 to €390,305
- Purchases and services -€309,860
down €309,860 (-50.0%), from €620,140 to €310,280
- Gross operating margin -€65,886
down €65,886 (-44.4%), from €148,478 to €82,591
- Staff costs -€43,459
down €43,459 (-51.9%), from €83,751 to €40,292
- Taxes +€10,464
up €10,464, from €0 to €10,464
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €362,365 | €443,353 | +€80,989 | +22.4% |
| Fixed assets | 21/28 | €23,772 | €15,949 | -€7,823 | -32.9% |
| Tangible fixed assets | 22/27 | €23,772 | €15,949 | -€7,823 | -32.9% |
| Plant, machinery and equipment | 23 | €2,950 | €3,524 | +€573 | +19.4% |
| Furniture and vehicles | 24 | €20,822 | €12,426 | -€8,397 | -40.3% |
| Current assets | 29/58 | €338,592 | €427,404 | +€88,812 | +26.2% |
| Amounts receivable within one year | 40/41 | €336,342 | €426,853 | +€90,511 | +26.9% |
| Trade receivables | 40 | €282,639 | €355,172 | +€72,534 | +25.7% |
| Other amounts receivable | 41 | €53,703 | €71,681 | +€17,978 | +33.5% |
| Cash at bank and in hand | 54/58 | €2,250 | €551 | -€1,699 | -75.5% |
| Total equity and liabilities | 10/49 | €362,365 | €443,353 | +€80,989 | +22.4% |
| Equity | 10/15 | €152,775 | €170,895 | +€18,121 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,115 | €7,115 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,255 | €5,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,060 | €145,181 | +€18,121 | +14.3% |
| Amounts payable | 17/49 | €209,590 | €272,458 | +€62,868 | +30.0% |
| Amounts payable after more than one year | 17 | €2,780 | €0 | -€2,780 | -100.0% |
| Financial debts | 170/4 | €2,780 | €0 | -€2,780 | -100.0% |
| Amounts payable within one year | 42/48 | €154,271 | €219,920 | +€65,649 | +42.6% |
| Current portion of amounts payable after more than one year | 42 | €2,780 | €3,787 | +€1,006 | +36.2% |
| Financial debts | 43 | - | €4,006 | +€4,006 | |
| Credit institutions | 430/8 | - | €4,006 | +€4,006 | |
| Trade debts | 44 | €133,646 | €198,332 | +€64,685 | +48.4% |
| Suppliers | 440/4 | €133,646 | €198,332 | +€64,685 | +48.4% |
| Taxes, remuneration and social security | 45 | €16,544 | €12,346 | -€4,199 | -25.4% |
| Taxes | 450/3 | €3,235 | €614 | -€2,622 | -81.0% |
| Remuneration and social security | 454/9 | €13,309 | €11,732 | -€1,577 | -11.8% |
| Other amounts payable | 47/48 | €1,300 | €1,450 | +€150 | +11.5% |
| Accrued charges and deferred income | 492/3 | €52,538 | €52,538 | = | 0.0% |
| Turnover | 70 | €766,371 | €390,305 | -€376,066 | -49.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €620,140 | €310,280 | -€309,860 | -50.0% |
| Remuneration, social security and pensions | 62 | €83,751 | €40,292 | -€43,459 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,627 | €10,835 | -€1,792 | -14.2% |
| Other operating charges | 640/8 | €8,283 | €397 | -€7,886 | -95.2% |
| Non-recurring operating charges | 66A | - | €199 | +€199 | |
| Gross operating margin | 9900 | €148,478 | €82,591 | -€65,886 | -44.4% |
| Operating profit (loss) | 9901 | €43,817 | €30,869 | -€12,949 | -29.6% |
| Financial income | 75/76B | €116 | €28 | -€88 | -75.7% |
| Recurring financial income | 75 | €116 | €28 | -€88 | -75.7% |
| Financial charges | 65/66B | €3,416 | €2,312 | -€1,103 | -32.3% |
| Recurring financial charges | 65 | €3,416 | €2,312 | -€1,103 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €40,518 | €28,584 | -€11,933 | -29.5% |
| Income taxes | 67/77 | €0 | €10,464 | +€10,464 | |
| Profit (loss) for the period | 9904 | €40,518 | €18,121 | -€22,397 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,518 | €18,121 | -€22,397 | -55.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.