Centrimo Construct: 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.
Centrimo Construct
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+382.2%), from €391,471 to €1.9m
of which Trade receivables: +€1.5m
- Tangible fixed assets -€123,477
down €123,477 (-3.5%), from €3.5m to €3.4m
of which Leasing and similar rights: -€123,481
- Cash +€119,176
up €119,176 (+554.4%), from €21,497 to €140,672
mainly Other debts (+€1.5m) and Trade debts (+€447,896)
- Deferred charges and accrued income +€85,551
new in 2025: €85,551
- Other debts +€1.5m
up €1.5m (+69.9%), from €2.1m to €3.6m
- Trade debts +€447,896
up €447,896 (+335.5%), from €133,484 to €581,380
- Debts after one year -€174,683
down €174,683 (-5.9%), from €3.0m to €2.8m
- Short-term financial debts -€166,802
down €166,802 (-91.4%), from €182,406 to €15,604
of which Credit institutions: -€166,802
- Financial charges +€141,381
up €141,381 (+82.7%), from €171,035 to €312,416
of which Non-recurring financial charges: +€87,067
- Gross operating margin +€118,038
up €118,038 (+38.9%), from €303,364 to €421,402
- Financial income +€85,958
up €85,958 (+2109.7%), from €4,074 to €90,032
of which Non-recurring financial income: +€87,067
- Depreciation +€75,469
up €75,469 (+109.0%), from €69,215 to €144,684
- Other operating charges +€16,007
up €16,007 (+1384.1%), from €1,157 to €17,164
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 | €6,346,586 | €7,891,167 | +€1.5m | +24.3% |
| Fixed assets | 21/28 | €3,496,198 | €3,372,721 | -€123,477 | -3.5% |
| Tangible fixed assets | 22/27 | €3,496,198 | €3,372,721 | -€123,477 | -3.5% |
| Plant, machinery and equipment | 23 | €149,114 | €138,166 | -€10,948 | -7.3% |
| Leasing and similar rights | 25 | €3,223,032 | €3,099,551 | -€123,481 | -3.8% |
| Other tangible fixed assets | 26 | €124,052 | €135,004 | +€10,952 | +8.8% |
| Current assets | 29/58 | €2,850,388 | €4,518,447 | +€1.7m | +58.5% |
| Stocks and contracts in progress | 3 | €2,437,420 | €2,404,409 | -€33,011 | -1.4% |
| Stocks | 30/36 | €2,437,420 | €2,404,409 | -€33,011 | -1.4% |
| Amounts receivable within one year | 40/41 | €391,471 | €1,887,814 | +€1.5m | +382.2% |
| Trade receivables | 40 | €338,205 | €1,802,404 | +€1.5m | +432.9% |
| Other amounts receivable | 41 | €53,266 | €85,410 | +€32,144 | +60.3% |
| Cash at bank and in hand | 54/58 | €21,497 | €140,672 | +€119,176 | +554.4% |
| Deferred charges and accrued income | 490/1 | - | €85,551 | +€85,551 | |
| Total equity and liabilities | 10/49 | €6,346,586 | €7,891,167 | +€1.5m | +24.3% |
| Equity | 10/15 | €779,888 | €744,477 | -€35,411 | -4.5% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €15,873 | €26,825 | +€10,952 | +69.0% |
| Reserves | 13 | €2,090 | €2,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,090 | €2,090 | = | 0.0% |
| Legal reserve | 130 | €2,090 | €2,090 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,925 | -€34,438 | -€46,363 | |
| Amounts payable | 17/49 | €5,566,697 | €7,146,690 | +€1.6m | +28.4% |
| Amounts payable after more than one year | 17 | €2,954,442 | €2,779,759 | -€174,683 | -5.9% |
| Financial debts | 170/4 | €2,954,442 | €2,779,759 | -€174,683 | -5.9% |
| Amounts payable within one year | 42/48 | €2,612,255 | €4,366,931 | +€1.8m | +67.2% |
| Current portion of amounts payable after more than one year | 42 | €166,878 | €174,683 | +€7,805 | +4.7% |
| Financial debts | 43 | €182,406 | €15,604 | -€166,802 | -91.4% |
| Credit institutions | 430/8 | €166,802 | - | -€166,802 | |
| Other loans | 439 | €15,604 | €15,604 | = | 0.0% |
| Trade debts | 44 | €133,484 | €581,380 | +€447,896 | +335.5% |
| Suppliers | 440/4 | €133,484 | €581,380 | +€447,896 | +335.5% |
| Taxes, remuneration and social security | 45 | €22,235 | €15,169 | -€7,065 | -31.8% |
| Taxes | 450/3 | €12,349 | €3,041 | -€9,308 | -75.4% |
| Remuneration and social security | 454/9 | €9,886 | €12,129 | +€2,243 | +22.7% |
| Other amounts payable | 47/48 | €2,107,252 | €3,580,094 | +€1.5m | +69.9% |
| Remuneration, social security and pensions | 62 | €78,586 | €83,171 | +€4,585 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,215 | €144,684 | +€75,469 | +109.0% |
| Other operating charges | 640/8 | €1,157 | €17,164 | +€16,007 | +1384.1% |
| Gross operating margin | 9900 | €303,364 | €421,402 | +€118,038 | +38.9% |
| Operating profit (loss) | 9901 | €154,406 | €176,383 | +€21,977 | +14.2% |
| Financial income | 75/76B | €4,074 | €90,032 | +€85,958 | +2109.7% |
| Recurring financial income | 75 | €4,074 | €2,965 | -€1,110 | -27.2% |
| Non-recurring financial income | 76B | - | €87,067 | +€87,067 | |
| Financial charges | 65/66B | €171,035 | €312,416 | +€141,381 | +82.7% |
| Recurring financial charges | 65 | €171,035 | €225,349 | +€54,314 | +31.8% |
| Non-recurring financial charges | 66B | - | €87,067 | +€87,067 | |
| Profit (loss) for the period before taxes | 9903 | -€12,554 | -€46,001 | -€33,447 | -266.4% |
| Income taxes | 67/77 | €1,309 | €362 | -€947 | -72.3% |
| Profit (loss) for the period | 9904 | -€13,863 | -€46,363 | -€32,500 | -234.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,863 | -€46,363 | -€32,500 | -234.4% |
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 7 October 2026 via checked.be.