CENTRE: 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.
What changed
CENTRE
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€490,066
2024 · €505,509-€15,443
Equity
€4.5m
2024 · €4.0m+€490,066
Cash
€64,923
2024 · €36,337+€28,585
Balance sheet total
€4.7m
2024 · €4.5m+€200,622
Largest movements
Assets
- Receivables within one year +€319,899
up €319,899 (+123%), from €260,780 to €580,679
of which Trade receivables: +€384,637
- Tangible fixed assets -€145,955
down €145,955 (-12.3%), from €1.2m to €1.0m
Equity and liabilities
- Reserves +€490,066
up €490,066 (+12.4%), from €4.0m to €4.5m
- Trade debts -€239,847
down €239,847 (-70.6%), from €339,564 to €99,717
Income statement
- Depreciation +€69,443
up €69,443 (+68.8%), from €100,935 to €170,378
- Staff costs -€30,714
down €30,714 (-10.7%), from €288,296 to €257,582
- Gross operating margin +€29,351
up €29,351 (+4.8%), from €617,245 to €646,597
- Taxes +€6,757
up €6,757 (+16.2%), from €41,744 to €48,501
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.
Result 2024
€505,509
Gross operating margin
+€29,351
Staff costs
+€30,714
Depreciation
-€69,443
Other operating charges
-€637
Financial income
+€1,570
Financial charges
-€241
Taxes
-€6,757
Result 2025
€490,066
raises the resultlowers the result
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.
From operations
+€92,343
Investment
-€24,424
Financing
-€39,333
Cash 2024
€36,337
From operations (derived)
+€92,343
Net result for the year
+€490,066
Depreciation
+€170,378
Stocks and contracts
+€2,356
Receivables within one year
-€319,899
Deferred charges and accrued income
-€448
Trade debts
-€239,847
Tax, wage and social debts
-€12,191
Other debts
+€1,927
Investment (derived)
-€24,424
Investment in fixed assets (net)
-€24,424
Financing
-€39,333
Debts after one year
-€39,333
Cash 2025
€64,923
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,518,751 | €4,719,374 | +€200,622 | +4.4% |
| Fixed assets | 21/28 | €3,909,296 | €3,763,341 | -€145,955 | -3.7% |
| Tangible fixed assets | 22/27 | €1,185,332 | €1,039,378 | -€145,955 | -12.3% |
| Land and buildings | 22 | €156,809 | €128,302 | -€28,507 | -18.2% |
| Plant, machinery and equipment | 23 | €517,485 | €456,605 | -€60,880 | -11.8% |
| Furniture and vehicles | 24 | €20,646 | €13,228 | -€7,418 | -35.9% |
| Other tangible fixed assets | 26 | €490,392 | €441,243 | -€49,149 | -10.0% |
| Financial fixed assets | 28 | €2,723,963 | €2,723,963 | = | 0.0% |
| Current assets | 29/58 | €609,456 | €956,033 | +€346,577 | +56.9% |
| Stocks and contracts in progress | 3 | €310,741 | €308,385 | -€2,356 | -0.8% |
| Stocks | 30/36 | €310,741 | €308,385 | -€2,356 | -0.8% |
| Amounts receivable within one year | 40/41 | €260,780 | €580,679 | +€319,899 | +123% |
| Trade receivables | 40 | €175,014 | €559,651 | +€384,637 | +220% |
| Other amounts receivable | 41 | €85,765 | €21,028 | -€64,738 | -75.5% |
| Cash at bank and in hand | 54/58 | €36,337 | €64,923 | +€28,585 | +78.7% |
| Deferred charges and accrued income | 490/1 | €1,598 | €2,046 | +€448 | +28.0% |
| Total equity and liabilities | 10/49 | €4,518,751 | €4,719,374 | +€200,622 | +4.4% |
| Equity | 10/15 | €4,001,316 | €4,491,383 | +€490,066 | +12.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €3,961,316 | €4,451,383 | +€490,066 | +12.4% |
| Distributable reserves | 133 | €3,961,316 | €4,451,383 | +€490,066 | +12.4% |
| Amounts payable | 17/49 | €517,435 | €227,991 | -€289,444 | -55.9% |
| Amounts payable after more than one year | 17 | €90,667 | €51,333 | -€39,333 | -43.4% |
| Financial debts | 170/4 | €90,667 | €51,333 | -€39,333 | -43.4% |
| Amounts payable within one year | 42/48 | €426,768 | €176,658 | -€250,111 | -58.6% |
| Current portion of amounts payable after more than one year | 42 | €39,333 | €39,333 | = | 0.0% |
| Trade debts | 44 | €339,564 | €99,717 | -€239,847 | -70.6% |
| Suppliers | 440/4 | €339,564 | €99,717 | -€239,847 | -70.6% |
| Taxes, remuneration and social security | 45 | €47,871 | €35,681 | -€12,191 | -25.5% |
| Taxes | 450/3 | €9,856 | €9,541 | -€315 | -3.2% |
| Remuneration and social security | 454/9 | €38,016 | €26,140 | -€11,876 | -31.2% |
| Other amounts payable | 47/48 | - | €1,927 | +€1,927 | |
| Remuneration, social security and pensions | 62 | €288,296 | €257,582 | -€30,714 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,935 | €170,378 | +€69,443 | +68.8% |
| Other operating charges | 640/8 | €24,656 | €25,293 | +€637 | +2.6% |
| Gross operating margin | 9900 | €617,245 | €646,597 | +€29,351 | +4.8% |
| Operating profit (loss) | 9901 | €203,357 | €193,342 | -€10,015 | -4.9% |
| Financial income | 75/76B | €359,475 | €361,045 | +€1,570 | +0.4% |
| Recurring financial income | 75 | €359,475 | €361,045 | +€1,570 | +0.4% |
| Financial charges | 65/66B | €15,580 | €15,821 | +€241 | +1.5% |
| Recurring financial charges | 65 | €15,580 | €15,821 | +€241 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €547,253 | €538,567 | -€8,686 | -1.6% |
| Income taxes | 67/77 | €41,744 | €48,501 | +€6,757 | +16.2% |
| Profit (loss) for the period | 9904 | €505,509 | €490,066 | -€15,443 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €505,509 | €490,066 | -€15,443 | -3.1% |
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 16 October 2026 via checked.be.