CENTRALISE: 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.
CENTRALISE
Largest movements
- Receivables within one year -€18,826
down €18,826 (-38.0%), from €49,486 to €30,661
of which Trade receivables: -€36,724
- Cash +€16,915
up €16,915 (+63.2%), from €26,744 to €43,659
mainly Receivables within one year (+€18,826) and Net result for the year (+€10,142)
- Deferred charges and accrued income +€947
up €947 (+710.1%), from €133 to €1,080
- Tangible fixed assets -€796
down €796 (-32.0%), from €2,485 to €1,690
- Other debts -€13,008
down €13,008 (-100.0%), from €13,008 to €0
- Reserves +€10,100
up €10,100 (+24.4%), from €41,361 to €51,461
of which Distributable reserves: +€10,100
- Tax, wage and social debts +€2,144
up €2,144 (+71.1%), from €3,015 to €5,159
of which Taxes: +€2,204
- Trade debts -€1,118
down €1,118 (-36.4%), from €3,075 to €1,957
- Gross operating margin +€2,994
up €2,994 (+6.4%), from €46,634 to €49,628
- Staff costs +€2,570
up €2,570 (+8.3%), from €30,886 to €33,455
- Depreciation -€1,130
down €1,130 (-58.7%), from €1,925 to €796
- Financial income +€1,030
up €1,030 (+8971.1%), from €11 to €1,041
- Taxes +€704
up €704 (+16.3%), from €4,322 to €5,026
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 | €79,067 | €77,219 | -€1,848 | -2.3% |
| Fixed assets | 21/28 | €2,615 | €1,820 | -€796 | -30.4% |
| Tangible fixed assets | 22/27 | €2,485 | €1,690 | -€796 | -32.0% |
| Plant, machinery and equipment | 23 | €2,485 | €1,690 | -€796 | -32.0% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €76,451 | €75,399 | -€1,052 | -1.4% |
| Stocks and contracts in progress | 3 | €88 | €0 | -€88 | -100.0% |
| Stocks | 30/36 | €88 | €0 | -€88 | -100.0% |
| Amounts receivable within one year | 40/41 | €49,486 | €30,661 | -€18,826 | -38.0% |
| Trade receivables | 40 | €47,861 | €11,137 | -€36,724 | -76.7% |
| Other amounts receivable | 41 | €1,626 | €19,524 | +€17,898 | +1101.0% |
| Cash at bank and in hand | 54/58 | €26,744 | €43,659 | +€16,915 | +63.2% |
| Deferred charges and accrued income | 490/1 | €133 | €1,080 | +€947 | +710.1% |
| Total equity and liabilities | 10/49 | €79,067 | €77,219 | -€1,848 | -2.3% |
| Equity | 10/15 | €59,961 | €70,103 | +€10,142 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,361 | €51,461 | +€10,100 | +24.4% |
| 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 | €39,501 | €49,601 | +€10,100 | +25.6% |
| Profit (loss) carried forward | 14 | €0 | €42 | +€42 | +211150.0% |
| Amounts payable | 17/49 | €19,106 | €7,116 | -€11,990 | -62.8% |
| Amounts payable within one year | 42/48 | €19,097 | €7,116 | -€11,981 | -62.7% |
| Trade debts | 44 | €3,075 | €1,957 | -€1,118 | -36.4% |
| Suppliers | 440/4 | €3,075 | €1,957 | -€1,118 | -36.4% |
| Taxes, remuneration and social security | 45 | €3,015 | €5,159 | +€2,144 | +71.1% |
| Taxes | 450/3 | €322 | €2,526 | +€2,204 | +684.3% |
| Remuneration and social security | 454/9 | €2,693 | €2,633 | -€60 | -2.2% |
| Other amounts payable | 47/48 | €13,008 | €0 | -€13,008 | -100.0% |
| Accrued charges and deferred income | 492/3 | €9 | €0 | -€9 | -100.0% |
| Remuneration, social security and pensions | 62 | €30,886 | €33,455 | +€2,570 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,925 | €796 | -€1,130 | -58.7% |
| Other operating charges | 640/8 | €691 | €1,071 | +€380 | +55.0% |
| Gross operating margin | 9900 | €46,634 | €49,628 | +€2,994 | +6.4% |
| Operating profit (loss) | 9901 | €13,131 | €14,305 | +€1,174 | +8.9% |
| Financial income | 75/76B | €11 | €1,041 | +€1,030 | +8971.1% |
| Recurring financial income | 75 | €11 | €1,041 | +€1,030 | +8971.1% |
| Financial charges | 65/66B | €70 | €178 | +€108 | +153.9% |
| Recurring financial charges | 65 | €70 | €178 | +€108 | +153.9% |
| Profit (loss) for the period before taxes | 9903 | €13,072 | €15,168 | +€2,096 | +16.0% |
| Income taxes | 67/77 | €4,322 | €5,026 | +€704 | +16.3% |
| Profit (loss) for the period | 9904 | €8,750 | €10,142 | +€1,392 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,750 | €10,142 | +€1,392 | +15.9% |
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.