CER CONCEPT: 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.
CER CONCEPT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€4,656
down €4,656 (-4.8%), from -€96,925 to -€101,581
- Other debts +€3,392
up €3,392 (+3.9%), from €87,449 to €90,841
- Short-term financial debts +€2,250
up €2,250 (+502.2%), from €448 to €2,698
- Trade debts -€986
down €986 (-100.0%), from €986 to €0
- Gross operating margin -€604
down €604 (-18.9%), from -€3,200 to -€3,804
- Purchases and services +€603
up €603 (+18.8%), from €3,201 to €3,804
- Other operating charges +€387
new in 2025: €387
- Taxes -€385
no longer reported in 2025 (was €385)
- Financial charges -€120
down €120 (-20.5%), from €585 to €465
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,218 | €6,218 | = | 0.0% |
| Fixed assets | 21/28 | €2,930 | €2,930 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,930 | €2,930 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,930 | €2,930 | = | 0.0% |
| Current assets | 29/58 | €3,288 | €3,288 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,288 | €3,288 | = | 0.0% |
| Trade receivables | 40 | €3,288 | €3,288 | = | 0.0% |
| Total equity and liabilities | 10/49 | €6,218 | €6,218 | = | 0.0% |
| Equity | 10/15 | -€82,665 | -€87,321 | -€4,656 | -5.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,925 | -€101,581 | -€4,656 | -4.8% |
| Amounts payable | 17/49 | €88,883 | €93,539 | +€4,656 | +5.2% |
| Amounts payable within one year | 42/48 | €88,883 | €93,539 | +€4,656 | +5.2% |
| Financial debts | 43 | €448 | €2,698 | +€2,250 | +502.2% |
| Credit institutions | 430/8 | €448 | €2,698 | +€2,250 | +502.2% |
| Trade debts | 44 | €986 | €0 | -€986 | -100.0% |
| Suppliers | 440/4 | €986 | €0 | -€986 | -100.0% |
| Other amounts payable | 47/48 | €87,449 | €90,841 | +€3,392 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,201 | €3,804 | +€603 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78 | - | -€78 | |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€3,200 | -€3,804 | -€604 | -18.9% |
| Operating profit (loss) | 9901 | -€3,278 | -€4,191 | -€913 | -27.9% |
| Financial charges | 65/66B | €585 | €465 | -€120 | -20.5% |
| Recurring financial charges | 65 | €585 | €465 | -€120 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,863 | -€4,656 | -€793 | -20.5% |
| Income taxes | 67/77 | €385 | - | -€385 | |
| Profit (loss) for the period | 9904 | -€4,248 | -€4,656 | -€408 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,248 | -€4,656 | -€408 | -9.6% |
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.