CENTRE-ACTIONS: 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.
CENTRE-ACTIONS
Largest movements
- Cash -€2,054
down €2,054 (-10.3%), from €19,918 to €17,864
mainly Debts within one year (-€2,496) and Investment in fixed assets (net) (-€1,736)
- Receivables within one year -€1,541
down €1,541 (-40.8%), from €3,779 to €2,239
of which Trade receivables: -€1,399
- Formation expenses +€1,424
new in 2025: €1,424
- Stocks and contracts +€915
up €915 (+70.1%), from €1,305 to €2,220
- Tangible fixed assets -€686
down €686 (-19.3%), from €3,557 to €2,871
- Debts within one year -€2,496
down €2,496 (-53.2%), from €4,695 to €2,199
- Accrued charges and deferred income +€386
new in 2025: €386
- Turnover -€3,312
down €3,312 (-11.4%), from €29,024 to €25,712
- Purchases and services -€1,980
down €1,980 (-7.5%), from €26,243 to €24,264
- Gross operating margin -€1,333
down €1,333 (-47.9%), from €2,781 to €1,448
- Depreciation -€1,276
down €1,276 (-56.1%), from €2,274 to €998
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 | €28,596 | €26,618 | -€1,978 | -6.9% |
| Formation expenses | 20 | - | €1,424 | +€1,424 | |
| Fixed assets | 21/28 | €3,557 | €2,871 | -€686 | -19.3% |
| Tangible fixed assets | 22/27 | €3,557 | €2,871 | -€686 | -19.3% |
| Plant, machinery and equipment | 23 | €3,557 | €2,871 | -€686 | -19.3% |
| Current assets | 29/58 | €25,039 | €22,323 | -€2,716 | -10.8% |
| Amounts receivable after more than one year | 29 | €36 | - | -€36 | |
| Other amounts receivable | 291 | €36 | - | -€36 | |
| Stocks and contracts in progress | 3 | €1,305 | €2,220 | +€915 | +70.1% |
| Stocks | 30/36 | €1,305 | €2,220 | +€915 | +70.1% |
| Amounts receivable within one year | 40/41 | €3,779 | €2,239 | -€1,541 | -40.8% |
| Trade receivables | 40 | €3,637 | €2,239 | -€1,399 | -38.5% |
| Other amounts receivable | 41 | €142 | - | -€142 | |
| Cash at bank and in hand | 54/58 | €19,918 | €17,864 | -€2,054 | -10.3% |
| Total equity and liabilities | 10/49 | €28,596 | €26,618 | -€1,978 | -6.9% |
| Equity | 10/15 | €23,901 | €24,032 | +€131 | +0.5% |
| Contributions | 10/11 | €23,901 | €24,032 | +€131 | +0.5% |
| Capital | 10 | €23,901 | €24,032 | +€131 | +0.5% |
| Amounts payable | 17/49 | €4,695 | €2,586 | -€2,109 | -44.9% |
| Amounts payable within one year | 42/48 | €4,695 | €2,199 | -€2,496 | -53.2% |
| Trade debts | 44 | €4,695 | €1,988 | -€2,707 | -57.7% |
| Suppliers | 440/4 | €4,695 | €1,988 | -€2,707 | -57.7% |
| Accrued charges and deferred income | 492/3 | - | €386 | +€386 | |
| Turnover | 70 | €29,024 | €25,712 | -€3,312 | -11.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €26,243 | €24,264 | -€1,980 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,274 | €998 | -€1,276 | -56.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €90 | €17 | -€73 | -81.1% |
| Gross operating margin | 9900 | €2,781 | €1,448 | -€1,333 | -47.9% |
| Operating profit (loss) | 9901 | €216 | €83 | -€133 | -61.7% |
| Financial income | 75/76B | €203 | €162 | -€41 | -20.3% |
| Recurring financial income | 75 | €203 | €162 | -€41 | -20.3% |
| Financial charges | 65/66B | €61 | €66 | +€4 | +7.0% |
| Recurring financial charges | 65 | €61 | €66 | +€4 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €358 | €179 | -€179 | -50.0% |
| Income taxes | 67/77 | €31 | €48 | +€17 | +53.7% |
| Profit (loss) for the period | 9904 | €327 | €131 | -€196 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €327 | €131 | -€196 | -59.9% |
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 5 October 2026 via checked.be.