CENTRE WALLONIE PICARDE: what changed
What changed
CENTRE WALLONIE PICARDE
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€144,703
2024 · -€107,351-€37,352
Equity
€1.3m
2024 · -€90,073+€1.4m
Cash
€23,499
2024 · €5,222+€18,277
Balance sheet total
€4.9m
2024 · €1.8m+€3.1m
Largest movements
Assets
- Tangible fixed assets +€3.1m
up €3.1m (+175%), from €1.8m to €4.9m
of which Land and buildings: +€3.1m
Equity and liabilities
- Debts after one year +€1.7m
up €1.7m (+99.8%), from €1.7m to €3.5m
of which Financial debts: +€2.2m
- Revaluation surpluses +€1.5m
new in 2025: €1.5m
- Profit (loss) carried forward -€144,703
down €144,703 (-41.3%), from -€350,198 to -€494,901
Income statement
- Financial charges +€53,891
up €53,891 (+115%), from €46,863 to €100,754
- Gross operating margin +€12,325
up €12,325 (+118%), from €10,468 to €22,793
- Other operating charges -€3,153
down €3,153 (-29.1%), from €10,821 to €7,668
- Financial income +€1,760
new in 2025: €1,760
of which Financial income: +€1,760
- Staff costs +€715
new in 2025: €715
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€107,351
Gross operating margin
+€12,325
Staff costs
-€715
Depreciation
+€16
Other operating charges
+€3,153
Financial income
+€1,760
Financial charges
-€53,891
Result 2025
-€144,703
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€70,453
Investment
-€3.2m
Financing
+€3.3m
Cash 2024
€5,222
From operations (derived)
-€70,453
Net result for the year
-€144,703
Depreciation
+€60,119
Stocks and contracts
-€18,127
Smaller working-capital items
-€3,054
Trade debts
+€21,002
Other debts
+€14,310
Investment (derived)
-€3.2m
Investment in fixed assets (net)
-€3.2m
Financing
+€3.3m
Debts after one year
+€1.7m
Current portion of long-term debt
+€19,299
Contributions, distributions and other
+€1.5m
Cash 2025
€23,499
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,791,526 | €4,940,034 | +€3.1m | +176% |
| Fixed assets | 21/28 | €1,782,561 | €4,893,344 | +€3.1m | +175% |
| Tangible fixed assets | 22/27 | €1,782,561 | €4,893,344 | +€3.1m | +175% |
| Land and buildings | 22 | €1,709,560 | €4,827,263 | +€3.1m | +182% |
| Plant, machinery and equipment | 23 | €73,001 | €66,081 | -€6,920 | -9.5% |
| Current assets | 29/58 | €8,965 | €46,690 | +€37,725 | +421% |
| Stocks and contracts in progress | 3 | - | €18,127 | +€18,127 | |
| Stocks | 30/36 | - | €18,127 | +€18,127 | |
| Amounts receivable within one year | 40/41 | €2,388 | €5,064 | +€2,676 | +112% |
| Trade receivables | 40 | €2,388 | €5,064 | +€2,676 | +112% |
| Cash at bank and in hand | 54/58 | €5,222 | €23,499 | +€18,277 | +350% |
| Deferred charges and accrued income | 490/1 | €1,355 | - | -€1,355 | |
| Total equity and liabilities | 10/49 | €1,791,526 | €4,940,034 | +€3.1m | +176% |
| Equity | 10/15 | -€90,073 | €1,265,224 | +€1.4m | |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Capital | 10 | €260,000 | €260,000 | = | 0.0% |
| Issued capital | 100 | €260,000 | €260,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,500,000 | +€1.5m | |
| Reserves | 13 | €125 | €125 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125 | €125 | = | 0.0% |
| Legal reserve | 130 | €125 | €125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€350,198 | -€494,901 | -€144,703 | -41.3% |
| Amounts payable | 17/49 | €1,881,599 | €3,674,810 | +€1.8m | +95.3% |
| Amounts payable after more than one year | 17 | €1,744,200 | €3,484,533 | +€1.7m | +99.8% |
| Financial debts | 170/4 | €827,612 | €3,004,740 | +€2.2m | +263% |
| Other amounts payable | 178/9 | €916,588 | €479,793 | -€436,795 | -47.7% |
| Amounts payable within one year | 42/48 | €133,335 | €190,277 | +€56,942 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | - | €19,299 | +€19,299 | |
| Trade debts | 44 | €109,982 | €130,984 | +€21,002 | +19.1% |
| Suppliers | 440/4 | €109,982 | €130,984 | +€21,002 | +19.1% |
| Taxes, remuneration and social security | 45 | €12,889 | €15,220 | +€2,331 | +18.1% |
| Taxes | 450/3 | €12,889 | €15,220 | +€2,331 | +18.1% |
| Other amounts payable | 47/48 | €10,464 | €24,774 | +€14,310 | +137% |
| Accrued charges and deferred income | 492/3 | €4,064 | - | -€4,064 | |
| Remuneration, social security and pensions | 62 | - | €715 | +€715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,135 | €60,119 | -€16 | 0.0% |
| Other operating charges | 640/8 | €10,821 | €7,668 | -€3,153 | -29.1% |
| Gross operating margin | 9900 | €10,468 | €22,793 | +€12,325 | +118% |
| Operating profit (loss) | 9901 | -€60,488 | -€45,709 | +€14,779 | +24.4% |
| Financial income | 75/76B | - | €1,760 | +€1,760 | |
| Recurring financial income | 75 | - | €1,760 | +€1,760 | |
| Non-recurring financial income | 76B | - | €1,760 | +€1,760 | |
| Financial charges | 65/66B | €46,863 | €100,754 | +€53,891 | +115% |
| Recurring financial charges | 65 | €46,863 | €100,754 | +€53,891 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€107,351 | -€144,703 | -€37,352 | -34.8% |
| Profit (loss) for the period | 9904 | -€107,351 | -€144,703 | -€37,352 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,351 | -€144,703 | -€37,352 | -34.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.