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CENTURION 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.

What changed

CENTURION CONSTRUCT

BE 0748.524.452
NACE 43.990, Other specialised construction activities
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€6,314
2022 · -€13,241+€19,555
Equity
€8,087
2022 · €1,773+€6,314
Cash
€1,796
2022 · €4,348-€2,551
Balance sheet total
€31,523
2022 · €24,456+€7,067

Largest movements

2022 to 2023
Assets
  • Receivables within one year +€8,152

    up €8,152 (+47.9%), from €17,004 to €25,157

    of which Trade receivables: +€7,686

  • Cash -€2,551

    down €2,551 (-58.7%), from €4,348 to €1,796

    mainly Tax, wage and social debts (-€9,762) and Receivables within one year (-€8,152)

  • Tangible fixed assets +€1,095

    up €1,095 (+35.7%), from €3,065 to €4,160

  • Deferred charges and accrued income +€371

    up €371 (+941.9%), from €39 to €410

Equity and liabilities
  • Tax, wage and social debts -€9,762

    down €9,762 (-73.8%), from €13,232 to €3,470

    of which Remuneration and social security: -€5,576

  • Trade debts +€8,175

    up €8,175 (+5207.0%), from €157 to €8,332

  • Profit (loss) carried forward +€6,314

    up €6,314 (+61.7%), from -€10,227 to -€3,913

  • Other debts +€1,440

    up €1,440 (+15.5%), from €9,294 to €10,734

  • Accrued charges and deferred income +€900

    new in 2023: €900

Income statement
  • Gross operating margin +€15,850

    up €15,850, from -€5,008 to €10,842

  • Depreciation -€1,014

    down €1,014 (-33.0%), from €3,075 to €2,061

  • Other operating charges +€624

    up €624 (+56.4%), from €1,105 to €1,729

  • Taxes -€154

    down €154 (-20.3%), from €755 to €601

From the 2022 result to the 2023 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 2022 -€13,241
Gross operating margin +€15,850
Depreciation +€1,014
Other operating charges -€624
Other operating items +€2,982
Financial income +€93
Financial charges +€86
Taxes +€154
Result 2023 €6,314

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€605
Investment -€3,156
Financing €0
Cash 2022 €4,348
Net result for the year +€6,314
Depreciation +€2,061
Receivables within one year -€8,152
Deferred charges and accrued income -€371
Trade debts +€8,175
Tax, wage and social debts -€9,762
Other debts +€1,440
Accrued charges and deferred income +€900
Investment in fixed assets (net) -€3,156
Cash 2023 €1,796
Every line side by side 36 lines
Line Code 2022 2023 Change %
Total assets 20/58 €24,456 €31,523 +€7,067 +28.9%
Fixed assets 21/28 €3,065 €4,160 +€1,095 +35.7%
Tangible fixed assets 22/27 €3,065 €4,160 +€1,095 +35.7%
Furniture and vehicles 24 €3,065 €4,160 +€1,095 +35.7%
Current assets 29/58 €21,391 €27,363 +€5,972 +27.9%
Amounts receivable within one year 40/41 €17,004 €25,157 +€8,152 +47.9%
Trade receivables 40 €6,004 €13,690 +€7,686 +128.0%
Other amounts receivable 41 €11,000 €11,467 +€467 +4.2%
Cash at bank and in hand 54/58 €4,348 €1,796 -€2,551 -58.7%
Deferred charges and accrued income 490/1 €39 €410 +€371 +941.9%
Total equity and liabilities 10/49 €24,456 €31,523 +€7,067 +28.9%
Equity 10/15 €1,773 €8,087 +€6,314 +356.2%
Contributions 10/11 €12,000 €12,000 = 0.0%
Profit (loss) carried forward 14 -€10,227 -€3,913 +€6,314 +61.7%
Amounts payable 17/49 €22,683 €23,436 +€753 +3.3%
Amounts payable within one year 42/48 €22,683 €22,536 -€147 -0.6%
Trade debts 44 €157 €8,332 +€8,175 +5207.0%
Suppliers 440/4 €157 €8,332 +€8,175 +5207.0%
Taxes, remuneration and social security 45 €13,232 €3,470 -€9,762 -73.8%
Taxes 450/3 €7,524 €3,338 -€4,186 -55.6%
Remuneration and social security 454/9 €5,708 €132 -€5,576 -97.7%
Other amounts payable 47/48 €9,294 €10,734 +€1,440 +15.5%
Accrued charges and deferred income 492/3 - €900 +€900
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,075 €2,061 -€1,014 -33.0%
Other operating charges 640/8 €1,105 €1,729 +€624 +56.4%
Non-recurring operating charges 66A €2,982 - -€2,982
Gross operating margin 9900 -€5,008 €10,842 +€15,850
Operating profit (loss) 9901 -€12,171 €7,052 +€19,223
Financial income 75/76B - €93 +€93
Recurring financial income 75 - €93 +€93
Financial charges 65/66B €316 €230 -€86 -27.2%
Recurring financial charges 65 €316 €230 -€86 -27.2%
Profit (loss) for the period before taxes 9903 -€12,486 €6,916 +€19,402
Income taxes 67/77 €755 €601 -€154 -20.3%
Profit (loss) for the period 9904 -€13,241 €6,314 +€19,555
Profit (loss) for the period to be appropriated 9905 -€13,241 €6,314 +€19,555

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.