Skip to content

centruM: 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.

What changed

centruM

BE 0550.590.905
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,373
2023 · €3,476-€1,103
Equity
€339,279
2023 · €337,407+€1,873
Cash
€67,340
2023 · €56,544+€10,796
Balance sheet total
€381,721
2023 · €385,804-€4,083

Largest movements

2023 to 2024
Assets
  • Cash +€10,796

    up €10,796 (+19.1%), from €56,544 to €67,340

    mainly Depreciation (+€13,712) and Deferred charges and accrued income (+€7,217)

  • Tangible fixed assets -€7,662

    down €7,662 (-2.4%), from €320,043 to €312,381

    of which Land and buildings: -€12,502

  • Deferred charges and accrued income -€7,217

    down €7,217 (-78.3%), from €9,217 to €2,001

Equity and liabilities
  • Trade debts -€5,955

    down €5,955 (-93.1%), from €6,397 to €442

Income statement
  • Gross operating margin -€2,563

    down €2,563 (-12.0%), from €21,338 to €18,774

  • Turnover +€1,706

    up €1,706 (+10.8%), from €15,824 to €17,529

  • Depreciation -€1,590

    down €1,590 (-10.4%), from €15,302 to €13,712

  • Purchases and services +€957

    up €957 (+5.7%), from €16,900 to €17,857

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €3,476
Gross operating margin -€2,563
Depreciation +€1,590
Other operating charges -€184
Financial income +€110
Financial charges -€23
Taxes -€33
Result 2024 €2,373

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€17,346
Investment -€6,050
Financing -€500
Cash 2023 €56,544
Net result for the year +€2,373
Depreciation +€13,712
Deferred charges and accrued income +€7,217
Trade debts -€5,955
Investment in fixed assets (net) -€6,050
Contributions, distributions and other -€500
Cash 2024 €67,340
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €385,804 €381,721 -€4,083 -1.1%
Fixed assets 21/28 €320,043 €312,381 -€7,662 -2.4%
Tangible fixed assets 22/27 €320,043 €312,381 -€7,662 -2.4%
Land and buildings 22 €320,043 €307,541 -€12,502 -3.9%
Furniture and vehicles 24 - €4,840 +€4,840
Current assets 29/58 €65,761 €69,340 +€3,580 +5.4%
Cash at bank and in hand 54/58 €56,544 €67,340 +€10,796 +19.1%
Deferred charges and accrued income 490/1 €9,217 €2,001 -€7,217 -78.3%
Total equity and liabilities 10/49 €385,804 €381,721 -€4,083 -1.1%
Equity 10/15 €337,407 €339,279 +€1,873 +0.6%
Contributions 10/11 €365,500 €365,000 -€500 -0.1%
Capital 10 €365,500 €365,000 -€500 -0.1%
Issued capital 100 €365,500 €365,000 -€500 -0.1%
Profit (loss) carried forward 14 -€58,093 -€55,721 +€2,373 +4.1%
Investment grants 15 €30,000 €30,000 = 0.0%
Amounts payable 17/49 €48,397 €42,442 -€5,955 -12.3%
Amounts payable after more than one year 17 €42,000 €42,000 = 0.0%
Financial debts 170/4 €42,000 €42,000 = 0.0%
Amounts payable within one year 42/48 €6,397 €442 -€5,955 -93.1%
Trade debts 44 €6,397 €442 -€5,955 -93.1%
Suppliers 440/4 €6,397 €442 -€5,955 -93.1%
Turnover 70 €15,824 €17,529 +€1,706 +10.8%
Goods, raw materials, services and sundry goods 60/61 €16,900 €17,857 +€957 +5.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,302 €13,712 -€1,590 -10.4%
Other operating charges 640/8 €2,420 €2,604 +€184 +7.6%
Gross operating margin 9900 €21,338 €18,774 -€2,563 -12.0%
Operating profit (loss) 9901 €3,615 €2,458 -€1,157 -32.0%
Financial income 75/76B - €110 +€110
Recurring financial income 75 - €110 +€110
Financial charges 65/66B €139 €162 +€23 +16.5%
Recurring financial charges 65 €139 €162 +€23 +16.5%
Profit (loss) for the period before taxes 9903 €3,476 €2,406 -€1,071 -30.8%
Income taxes 67/77 - €33 +€33
Profit (loss) for the period 9904 €3,476 €2,373 -€1,103 -31.7%
Profit (loss) for the period to be appropriated 9905 €3,476 €2,373 -€1,103 -31.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.