CENTUM: what changed
Two financial 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
CENTUM
NACE 69.201, Certified accountants and tax accountants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€183,334
2024 · €213,085-€29,751
Equity
€84,995
2024 · €144,359-€59,364
Cash
€322,695
2024 · €312,967+€9,728
Balance sheet total
€1.4m
2024 · €1.1m+€261,368
Largest movements
Assets
- Receivables within one year +€213,906
up €213,906 (+32.2%), from €664,580 to €878,486
of which Trade receivables: +€175,456
- Deferred charges and accrued income +€43,192
up €43,192 (+132.3%), from €32,651 to €75,843
Equity and liabilities
- Other debts +€234,455
up €234,455 (+30.9%), from €759,425 to €993,880
- Trade debts +€100,002
up €100,002 (+119.5%), from €83,651 to €183,654
- Reserves -€59,364
down €59,364 (-59.7%), from €99,359 to €39,995
of which Distributable reserves: -€59,364
Income statement
- Staff costs +€101,744
up €101,744 (+12.2%), from €833,737 to €935,481
- Gross operating margin +€43,077
up €43,077 (+3.6%), from €1.2m to €1.3m
- Depreciation -€25,312
down €25,312 (-39.6%), from €63,931 to €38,619
- Write-downs +€14,246
up €14,246, from -€14,246 to €0
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.
Result 2024
€213,085
Gross operating margin
+€43,077
Staff costs
-€101,744
Depreciation
+€25,312
Write-downs
-€14,246
Other operating charges
+€9,412
Other operating items
+€3,270
Financial income
-€4,512
Financial charges
+€695
Taxes
+€8,987
Result 2025
€183,334
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.
From operations
+€302,347
Investment
-€33,161
Financing
-€259,458
Cash 2024
€312,967
From operations (derived)
+€302,347
Net result for the year
+€183,334
Depreciation
+€38,619
Receivables within one year
-€213,906
Deferred charges and accrued income
-€43,192
Trade debts
+€100,002
Tax, wage and social debts
-€3,481
Other debts
+€234,455
Accrued charges and deferred income
+€6,516
Investment (derived)
-€33,161
Investment in fixed assets (net)
-€33,161
Financing
-€259,458
Debts after one year
-€5,739
Current portion of long-term debt
-€11,021
Contributions, distributions and other
-€242,698
Cash 2025
€322,695
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,092,921 | €1,354,289 | +€261,368 | +23.9% |
| Fixed assets | 21/28 | €82,723 | €77,265 | -€5,458 | -6.6% |
| Tangible fixed assets | 22/27 | €82,723 | €77,265 | -€5,458 | -6.6% |
| Plant, machinery and equipment | 23 | €59,755 | €62,819 | +€3,063 | +5.1% |
| Furniture and vehicles | 24 | €16,683 | €14,202 | -€2,481 | -14.9% |
| Other tangible fixed assets | 26 | €6,285 | €244 | -€6,041 | -96.1% |
| Current assets | 29/58 | €1,010,198 | €1,277,024 | +€266,826 | +26.4% |
| Amounts receivable within one year | 40/41 | €664,580 | €878,486 | +€213,906 | +32.2% |
| Trade receivables | 40 | €608,037 | €783,493 | +€175,456 | +28.9% |
| Other amounts receivable | 41 | €56,543 | €94,993 | +€38,450 | +68.0% |
| Cash at bank and in hand | 54/58 | €312,967 | €322,695 | +€9,728 | +3.1% |
| Deferred charges and accrued income | 490/1 | €32,651 | €75,843 | +€43,192 | +132.3% |
| Total equity and liabilities | 10/49 | €1,092,921 | €1,354,289 | +€261,368 | +23.9% |
| Equity | 10/15 | €144,359 | €84,995 | -€59,364 | -41.1% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €99,359 | €39,995 | -€59,364 | -59.7% |
| Tax-exempt reserves | 132 | €39,995 | €39,995 | = | 0.0% |
| Distributable reserves | 133 | €59,364 | €0 | -€59,364 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €948,562 | €1,269,294 | +€320,732 | +33.8% |
| Amounts payable after more than one year | 17 | €5,739 | €0 | -€5,739 | -100.0% |
| Financial debts | 170/4 | €5,739 | €0 | -€5,739 | -100.0% |
| Amounts payable within one year | 42/48 | €940,960 | €1,260,915 | +€319,955 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €16,760 | €5,739 | -€11,021 | -65.8% |
| Trade debts | 44 | €83,651 | €183,654 | +€100,002 | +119.5% |
| Suppliers | 440/4 | €83,651 | €183,654 | +€100,002 | +119.5% |
| Taxes, remuneration and social security | 45 | €81,123 | €77,642 | -€3,481 | -4.3% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €81,123 | €77,642 | -€3,481 | -4.3% |
| Other amounts payable | 47/48 | €759,425 | €993,880 | +€234,455 | +30.9% |
| Accrued charges and deferred income | 492/3 | €1,863 | €8,379 | +€6,516 | +349.7% |
| Non-recurring operating income | 76A | €1,200 | €496 | -€704 | -58.7% |
| Remuneration, social security and pensions | 62 | €833,737 | €935,481 | +€101,744 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,931 | €38,619 | -€25,312 | -39.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,246 | €0 | +€14,246 | |
| Other operating charges | 640/8 | €16,558 | €7,146 | -€9,412 | -56.8% |
| Non-recurring operating charges | 66A | €5,442 | €2,172 | -€3,270 | -60.1% |
| Gross operating margin | 9900 | €1,212,232 | €1,255,309 | +€43,077 | +3.6% |
| Operating profit (loss) | 9901 | €306,811 | €271,891 | -€34,920 | -11.4% |
| Financial income | 75/76B | €5,319 | €807 | -€4,512 | -84.8% |
| Recurring financial income | 75 | €5,319 | €807 | -€4,512 | -84.8% |
| Financial charges | 65/66B | €3,057 | €2,362 | -€695 | -22.7% |
| Recurring financial charges | 65 | €3,057 | €2,362 | -€695 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €309,073 | €270,335 | -€38,738 | -12.5% |
| Income taxes | 67/77 | €95,988 | €87,002 | -€8,987 | -9.4% |
| Profit (loss) for the period | 9904 | €213,085 | €183,334 | -€29,751 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €213,085 | €183,334 | -€29,751 | -14.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.