CENTRE C: 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 C
Largest movements
- Receivables within one year +€13,932
up €13,932 (+65.5%), from €21,254 to €35,185
- Tangible fixed assets -€13,880
down €13,880 (-7.6%), from €182,268 to €168,389
of which Other tangible fixed assets: -€12,655
- Cash +€9,455
up €9,455 (+936.7%), from €1,009 to €10,464
mainly Depreciation (+€17,927) and Net result for the year (+€17,927)
- Reserves +€14,377
up €14,377 (+32.2%), from €44,580 to €58,957
of which Distributable reserves: +€14,377
- Short-term financial debts -€13,325
down €13,325 (-100.0%), from €13,325 to €0
- Tax, wage and social debts +€8,701
up €8,701 (+180.8%), from €4,811 to €13,512
- Trade debts -€5,154
down €5,154 (-10.1%), from €51,224 to €46,070
- Profit (loss) carried forward +€3,550
up €3,550, from -€3,550 to €0
- Gross operating margin +€23,841
up €23,841 (+96.0%), from €24,834 to €48,675
- Taxes +€4,937
up €4,937 (+2068.9%), from €239 to €5,176
- Financial charges +€1,064
up €1,064 (+25.8%), from €4,125 to €5,189
- Depreciation +€625
up €625 (+3.6%), from €17,302 to €17,927
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,656 | €217,993 | +€9,338 | +4.5% |
| Fixed assets | 21/28 | €182,268 | €168,389 | -€13,880 | -7.6% |
| Tangible fixed assets | 22/27 | €182,268 | €168,389 | -€13,880 | -7.6% |
| Plant, machinery and equipment | 23 | €2,596 | €1,371 | -€1,225 | -47.2% |
| Other tangible fixed assets | 26 | €179,673 | €167,018 | -€12,655 | -7.0% |
| Current assets | 29/58 | €26,388 | €49,605 | +€23,217 | +88.0% |
| Amounts receivable within one year | 40/41 | €21,254 | €35,185 | +€13,932 | +65.5% |
| Trade receivables | 40 | €21,254 | €35,185 | +€13,932 | +65.5% |
| Cash at bank and in hand | 54/58 | €1,009 | €10,464 | +€9,455 | +936.7% |
| Deferred charges and accrued income | 490/1 | €4,124 | €3,955 | -€169 | -4.1% |
| Total equity and liabilities | 10/49 | €208,656 | €217,993 | +€9,338 | +4.5% |
| Equity | 10/15 | €59,630 | €77,557 | +€17,927 | +30.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,580 | €58,957 | +€14,377 | +32.2% |
| Tax-exempt reserves | 132 | €44,580 | €44,580 | = | 0.0% |
| Distributable reserves | 133 | - | €14,377 | +€14,377 | |
| Profit (loss) carried forward | 14 | -€3,550 | €0 | +€3,550 | |
| Amounts payable | 17/49 | €149,026 | €140,437 | -€8,589 | -5.8% |
| Amounts payable after more than one year | 17 | €69,874 | €70,948 | +€1,074 | +1.5% |
| Financial debts | 170/4 | €62,573 | €52,667 | -€9,906 | -15.8% |
| Other amounts payable | 178/9 | €7,301 | €18,281 | +€10,980 | +150.4% |
| Amounts payable within one year | 42/48 | €79,122 | €69,489 | -€9,633 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €9,762 | €9,906 | +€144 | +1.5% |
| Financial debts | 43 | €13,325 | €0 | -€13,325 | -100.0% |
| Credit institutions | 430/8 | €13,325 | €0 | -€13,325 | -100.0% |
| Trade debts | 44 | €51,224 | €46,070 | -€5,154 | -10.1% |
| Suppliers | 440/4 | €51,224 | €46,070 | -€5,154 | -10.1% |
| Taxes, remuneration and social security | 45 | €4,811 | €13,512 | +€8,701 | +180.8% |
| Taxes | 450/3 | €4,811 | €13,512 | +€8,701 | +180.8% |
| Accrued charges and deferred income | 492/3 | €30 | €0 | -€30 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,302 | €17,927 | +€625 | +3.6% |
| Other operating charges | 640/8 | €1,951 | €1,888 | -€62 | -3.2% |
| Non-recurring operating charges | 66A | - | €574 | +€574 | |
| Gross operating margin | 9900 | €24,834 | €48,675 | +€23,841 | +96.0% |
| Operating profit (loss) | 9901 | €5,580 | €28,285 | +€22,705 | +406.9% |
| Financial income | 75/76B | €86 | €6 | -€80 | -93.0% |
| Recurring financial income | 75 | €86 | €6 | -€80 | -93.0% |
| Financial charges | 65/66B | €4,125 | €5,189 | +€1,064 | +25.8% |
| Recurring financial charges | 65 | €4,125 | €5,189 | +€1,064 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €1,542 | €23,103 | +€21,561 | +1398.6% |
| Income taxes | 67/77 | €239 | €5,176 | +€4,937 | +2068.9% |
| Profit (loss) for the period | 9904 | €1,303 | €17,927 | +€16,624 | +1275.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,303 | €17,927 | +€16,624 | +1275.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.