CENTRE EPISODE: 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.
CENTRE EPISODE
Largest movements
- Tangible fixed assets -€12,756
down €12,756 (-14.2%), from €89,547 to €76,792
of which Furniture and vehicles: -€9,066
- Cash +€1,413
up €1,413 (+11.5%), from €12,278 to €13,690
mainly Depreciation (+€13,014) and Other debts (+€4,867)
- Debts after one year -€9,267
down €9,267 (-40.5%), from €22,863 to €13,597
- Other debts +€4,867
up €4,867 (+11.5%), from €42,347 to €47,214
- Current portion of long-term debt -€4,217
down €4,217 (-31.3%), from €13,483 to €9,267
- Tax, wage and social debts -€3,639
down €3,639 (-73.9%), from €4,923 to €1,284
- Trade debts +€1,759
new in 2025: €1,759
- Gross operating margin -€760
down €760 (-3.8%), from €20,035 to €19,276
- Taxes -€489
down €489 (-31.6%), from €1,544 to €1,055
- Depreciation +€443
up €443 (+3.5%), from €12,571 to €13,014
- Other operating charges -€207
down €207 (-10.1%), from €2,041 to €1,834
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 | €103,070 | €91,613 | -€11,458 | -11.1% |
| Fixed assets | 21/28 | €89,547 | €76,792 | -€12,756 | -14.2% |
| Tangible fixed assets | 22/27 | €89,547 | €76,792 | -€12,756 | -14.2% |
| Land and buildings | 22 | €44,259 | €41,612 | -€2,647 | -6.0% |
| Plant, machinery and equipment | 23 | €8,191 | €7,148 | -€1,043 | -12.7% |
| Furniture and vehicles | 24 | €37,098 | €28,032 | -€9,066 | -24.4% |
| Current assets | 29/58 | €13,523 | €14,821 | +€1,298 | +9.6% |
| Amounts receivable within one year | 40/41 | €824 | €516 | -€308 | -37.4% |
| Trade receivables | 40 | - | €516 | +€516 | |
| Other amounts receivable | 41 | €824 | - | -€824 | |
| Cash at bank and in hand | 54/58 | €12,278 | €13,690 | +€1,413 | +11.5% |
| Deferred charges and accrued income | 490/1 | €422 | €614 | +€193 | +45.7% |
| Total equity and liabilities | 10/49 | €103,070 | €91,613 | -€11,458 | -11.1% |
| Equity | 10/15 | €19,453 | €18,492 | -€961 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,007 | -€1,968 | -€961 | -95.5% |
| Amounts payable | 17/49 | €83,617 | €73,121 | -€10,496 | -12.6% |
| Amounts payable after more than one year | 17 | €22,863 | €13,597 | -€9,267 | -40.5% |
| Financial debts | 170/4 | €22,863 | €13,597 | -€9,267 | -40.5% |
| Amounts payable within one year | 42/48 | €60,754 | €59,524 | -€1,230 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €13,483 | €9,267 | -€4,217 | -31.3% |
| Trade debts | 44 | - | €1,759 | +€1,759 | |
| Suppliers | 440/4 | - | €1,759 | +€1,759 | |
| Taxes, remuneration and social security | 45 | €4,923 | €1,284 | -€3,639 | -73.9% |
| Taxes | 450/3 | €4,923 | €1,284 | -€3,639 | -73.9% |
| Other amounts payable | 47/48 | €42,347 | €47,214 | +€4,867 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,571 | €13,014 | +€443 | +3.5% |
| Other operating charges | 640/8 | €2,041 | €1,834 | -€207 | -10.1% |
| Gross operating margin | 9900 | €20,035 | €19,276 | -€760 | -3.8% |
| Operating profit (loss) | 9901 | €5,424 | €4,428 | -€996 | -18.4% |
| Financial charges | 65/66B | €4,196 | €4,334 | +€138 | +3.3% |
| Recurring financial charges | 65 | €4,196 | €4,334 | +€138 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €1,228 | €94 | -€1,134 | -92.3% |
| Income taxes | 67/77 | €1,544 | €1,055 | -€489 | -31.6% |
| Profit (loss) for the period | 9904 | -€316 | -€961 | -€645 | -204.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€316 | -€961 | -€645 | -204.1% |
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 11 October 2026 via checked.be.