CENTRUM ZENITH: 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.
CENTRUM ZENITH
Largest movements
- Tangible fixed assets -€33,380
down €33,380 (-10.6%), from €314,048 to €280,668
of which Land and buildings: -€33,828
- Deferred charges and accrued income +€33,237
up €33,237 (+64.8%), from €51,332 to €84,569
- Receivables within one year -€4,102
down €4,102 (-100.0%), from €4,102 to €0
- Debts after one year -€36,260
down €36,260 (-12.8%), from €282,223 to €245,963
- Other debts +€33,425
up €33,425 (+156.3%), from €21,381 to €54,806
- Tax, wage and social debts -€9,285
down €9,285 (-71.7%), from €12,958 to €3,673
of which Remuneration and social security: -€7,459
- Trade debts +€3,873
up €3,873 (+83.4%), from €4,644 to €8,517
- Gross operating margin +€11,580
up €11,580 (+5.8%), from €198,813 to €210,392
- Staff costs -€7,674
down €7,674 (-6.2%), from €124,256 to €116,582
- Taxes +€4,550
up €4,550 (+57.6%), from €7,898 to €12,447
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 | €376,052 | €368,356 | -€7,695 | -2.0% |
| Fixed assets | 21/28 | €315,274 | €280,988 | -€34,286 | -10.9% |
| Intangible fixed assets | 21 | €744 | €320 | -€424 | -56.9% |
| Tangible fixed assets | 22/27 | €314,048 | €280,668 | -€33,380 | -10.6% |
| Land and buildings | 22 | €305,523 | €271,694 | -€33,828 | -11.1% |
| Plant, machinery and equipment | 23 | €8,525 | €8,973 | +€448 | +5.3% |
| Financial fixed assets | 28 | €483 | €0 | -€483 | -100.0% |
| Current assets | 29/58 | €60,778 | €87,369 | +€26,591 | +43.8% |
| Amounts receivable within one year | 40/41 | €4,102 | €0 | -€4,102 | -100.0% |
| Other amounts receivable | 41 | €4,102 | €0 | -€4,102 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,343 | €2,799 | -€2,544 | -47.6% |
| Deferred charges and accrued income | 490/1 | €51,332 | €84,569 | +€33,237 | +64.8% |
| Total equity and liabilities | 10/49 | €376,052 | €368,356 | -€7,695 | -2.0% |
| Equity | 10/15 | €17,434 | €17,677 | +€243 | +1.4% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Reserves | 13 | €234 | €477 | +€243 | +103.6% |
| Distributable reserves | 133 | €234 | €477 | +€243 | +103.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €358,617 | €350,680 | -€7,938 | -2.2% |
| Amounts payable after more than one year | 17 | €282,223 | €245,963 | -€36,260 | -12.8% |
| Financial debts | 170/4 | €282,223 | €245,963 | -€36,260 | -12.8% |
| Amounts payable within one year | 42/48 | €74,938 | €103,255 | +€28,317 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €35,956 | €36,260 | +€304 | +0.8% |
| Trade debts | 44 | €4,644 | €8,517 | +€3,873 | +83.4% |
| Suppliers | 440/4 | €4,644 | €8,517 | +€3,873 | +83.4% |
| Taxes, remuneration and social security | 45 | €12,958 | €3,673 | -€9,285 | -71.7% |
| Taxes | 450/3 | €5,035 | €3,209 | -€1,826 | -36.3% |
| Remuneration and social security | 454/9 | €7,923 | €464 | -€7,459 | -94.1% |
| Other amounts payable | 47/48 | €21,381 | €54,806 | +€33,425 | +156.3% |
| Accrued charges and deferred income | 492/3 | €1,457 | €1,462 | +€5 | +0.3% |
| Remuneration, social security and pensions | 62 | €124,256 | €116,582 | -€7,674 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,055 | €38,760 | +€705 | +1.9% |
| Other operating charges | 640/8 | €5,275 | €5,429 | +€154 | +2.9% |
| Gross operating margin | 9900 | €198,813 | €210,392 | +€11,580 | +5.8% |
| Operating profit (loss) | 9901 | €31,227 | €49,621 | +€18,394 | +58.9% |
| Financial income | 75/76B | €1 | €73 | +€72 | +6529.1% |
| Recurring financial income | 75 | €1 | €73 | +€72 | +6529.1% |
| Financial charges | 65/66B | €2,302 | €2,004 | -€298 | -12.9% |
| Recurring financial charges | 65 | €2,302 | €2,004 | -€298 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €28,927 | €47,690 | +€18,764 | +64.9% |
| Income taxes | 67/77 | €7,898 | €12,447 | +€4,550 | +57.6% |
| Profit (loss) for the period | 9904 | €21,029 | €35,243 | +€14,214 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,029 | €35,243 | +€14,214 | +67.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.