Centurion Engineering: 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.
Centurion Engineering
Largest movements
- Cash +€4,010
up €4,010 (+8.5%), from €47,240 to €51,250
mainly Other debts (+€3,815) and Net result for the year (+€3,489)
- Receivables within one year -€2,394
down €2,394 (-42.7%), from €5,608 to €3,214
of which Other amounts receivable: -€5,419
- Tangible fixed assets -€1,522
down €1,522 (-55.9%), from €2,724 to €1,202
- Trade debts -€4,640
down €4,640 (-96.7%), from €4,796 to €156
- Other debts +€3,815
up €3,815 (+17.9%), from €21,255 to €25,069
- Profit (loss) carried forward +€3,489
up €3,489 (+13.9%), from €25,130 to €28,619
- Tax, wage and social debts -€2,571
down €2,571 (-47.4%), from €5,423 to €2,852
- Gross operating margin -€19,692
down €19,692 (-63.0%), from €31,262 to €11,570
- Taxes -€2,217
down €2,217 (-30.0%), from €7,392 to €5,175
- Financial charges -€1,066
down €1,066 (-43.5%), from €2,450 to €1,384
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €76,572 | €76,665 | +€93 | +0.1% |
| Fixed assets | 21/28 | €23,724 | €22,202 | -€1,522 | -6.4% |
| Tangible fixed assets | 22/27 | €2,724 | €1,202 | -€1,522 | -55.9% |
| Furniture and vehicles | 24 | €2,724 | €1,202 | -€1,522 | -55.9% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €52,848 | €54,463 | +€1,615 | +3.1% |
| Amounts receivable within one year | 40/41 | €5,608 | €3,214 | -€2,394 | -42.7% |
| Trade receivables | 40 | - | €3,025 | +€3,025 | |
| Other amounts receivable | 41 | €5,608 | €189 | -€5,419 | -96.6% |
| Cash at bank and in hand | 54/58 | €47,240 | €51,250 | +€4,010 | +8.5% |
| Total equity and liabilities | 10/49 | €76,572 | €76,665 | +€93 | +0.1% |
| Equity | 10/15 | €45,099 | €48,588 | +€3,489 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,369 | €1,369 | = | 0.0% |
| Distributable reserves | 133 | €1,369 | €1,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,130 | €28,619 | +€3,489 | +13.9% |
| Amounts payable | 17/49 | €31,473 | €28,077 | -€3,396 | -10.8% |
| Amounts payable within one year | 42/48 | €31,473 | €28,077 | -€3,396 | -10.8% |
| Trade debts | 44 | €4,796 | €156 | -€4,640 | -96.7% |
| Suppliers | 440/4 | €4,796 | €156 | -€4,640 | -96.7% |
| Taxes, remuneration and social security | 45 | €5,423 | €2,852 | -€2,571 | -47.4% |
| Taxes | 450/3 | €5,423 | €2,852 | -€2,571 | -47.4% |
| Other amounts payable | 47/48 | €21,255 | €25,069 | +€3,815 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,447 | €1,522 | +€75 | +5.2% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €31,262 | €11,570 | -€19,692 | -63.0% |
| Operating profit (loss) | 9901 | €29,428 | €10,048 | -€19,380 | -65.9% |
| Financial charges | 65/66B | €2,450 | €1,384 | -€1,066 | -43.5% |
| Recurring financial charges | 65 | €2,450 | €1,384 | -€1,066 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €26,978 | €8,664 | -€18,314 | -67.9% |
| Income taxes | 67/77 | €7,392 | €5,175 | -€2,217 | -30.0% |
| Profit (loss) for the period | 9904 | €19,586 | €3,489 | -€16,097 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,586 | €3,489 | -€16,097 | -82.2% |
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 12 October 2026 via checked.be.