CENTRE RECUP: 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 RECUP
Largest movements
- Stocks and contracts +€15,846
up €15,846 (+13.5%), from €117,292 to €133,138
- Cash +€13,720
up €13,720 (+213.9%), from €6,414 to €20,134
mainly Other debts (+€26,863) and Net result for the year (+€6,446)
- Tangible fixed assets +€4,989
up €4,989 (+157.0%), from €3,178 to €8,167
- Receivables within one year -€2,968
down €2,968 (-65.1%), from €4,558 to €1,590
of which Other amounts receivable: -€3,000
- Other debts +€26,863
up €26,863 (+14365.2%), from €187 to €27,050
- Profit (loss) carried forward +€6,446
up €6,446 (+31.0%), from €20,808 to €27,254
- Accrued charges and deferred income -€1,800
down €1,800 (-100.0%), from €1,800 to €0
- Gross operating margin +€12,009
up €12,009 (+214.4%), from €5,602 to €17,611
- Taxes +€2,128
new in 2025: €2,128
- Staff costs +€1,650
new in 2025: €1,650
- Other operating charges +€1,613
up €1,613 (+86.5%), from €1,864 to €3,477
- Depreciation +€333
up €333 (+12.4%), from €2,678 to €3,011
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 | €132,850 | €164,828 | +€31,978 | +24.1% |
| Fixed assets | 21/28 | €3,178 | €8,167 | +€4,989 | +157.0% |
| Tangible fixed assets | 22/27 | €3,178 | €8,167 | +€4,989 | +157.0% |
| Furniture and vehicles | 24 | €3,178 | €8,167 | +€4,989 | +157.0% |
| Current assets | 29/58 | €129,672 | €156,661 | +€26,989 | +20.8% |
| Stocks and contracts in progress | 3 | €117,292 | €133,138 | +€15,846 | +13.5% |
| Stocks | 30/36 | €117,292 | €133,138 | +€15,846 | +13.5% |
| Amounts receivable within one year | 40/41 | €4,558 | €1,590 | -€2,968 | -65.1% |
| Trade receivables | 40 | €1,558 | €1,590 | +€32 | +2.0% |
| Other amounts receivable | 41 | €3,000 | €0 | -€3,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,414 | €20,134 | +€13,720 | +213.9% |
| Deferred charges and accrued income | 490/1 | €1,408 | €1,800 | +€392 | +27.8% |
| Total equity and liabilities | 10/49 | €132,850 | €164,828 | +€31,978 | +24.1% |
| Equity | 10/15 | €121,709 | €128,154 | +€6,445 | +5.3% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €82,309 | €82,309 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €5,450 | €5,449 | -€1 | 0.0% |
| Distributable reserves | 133 | €76,859 | €76,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €20,808 | €27,254 | +€6,446 | +31.0% |
| Amounts payable | 17/49 | €11,141 | €36,674 | +€25,533 | +229.2% |
| Amounts payable within one year | 42/48 | €9,341 | €36,674 | +€27,333 | +292.6% |
| Current portion of amounts payable after more than one year | 42 | €1,552 | €0 | -€1,552 | -100.0% |
| Trade debts | 44 | €5,039 | €5,504 | +€465 | +9.2% |
| Suppliers | 440/4 | €5,039 | €5,504 | +€465 | +9.2% |
| Advances received on contracts in progress | 46 | €20 | €20 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,543 | €4,100 | +€1,557 | +61.2% |
| Taxes | 450/3 | €1,843 | €3,400 | +€1,557 | +84.5% |
| Remuneration and social security | 454/9 | €700 | €700 | = | 0.0% |
| Other amounts payable | 47/48 | €187 | €27,050 | +€26,863 | +14365.2% |
| Accrued charges and deferred income | 492/3 | €1,800 | €0 | -€1,800 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €1,650 | +€1,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,678 | €3,011 | +€333 | +12.4% |
| Other operating charges | 640/8 | €1,864 | €3,477 | +€1,613 | +86.5% |
| Gross operating margin | 9900 | €5,602 | €17,611 | +€12,009 | +214.4% |
| Operating profit (loss) | 9901 | €1,060 | €9,473 | +€8,413 | +793.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,090 | €899 | -€191 | -17.5% |
| Recurring financial charges | 65 | €1,090 | €899 | -€191 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€30 | €8,574 | +€8,604 | |
| Income taxes | 67/77 | - | €2,128 | +€2,128 | |
| Profit (loss) for the period | 9904 | -€30 | €6,446 | +€6,476 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30 | €6,446 | +€6,476 |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.