CERAPRO: 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.
CERAPRO
Largest movements
- Cash -€17,392
down €17,392 (-79.0%), from €22,006 to €4,613
mainly Advances received (-€10,000) and Debts after one year (-€4,780)
- Tangible fixed assets -€7,801
down €7,801 (-45.8%), from €17,022 to €9,221
of which Leasing and similar rights: -€5,424
- Stocks and contracts +€3,500
new in 2025: €3,500
- Receivables within one year -€1,268
down €1,268 (-12.1%), from €10,459 to €9,191
of which Trade receivables: -€2,108
- Advances received -€10,000
no longer reported in 2025 (was €10,000)
- Debts after one year -€4,780
no longer reported in 2025 (was €4,780)
- Current portion of long-term debt -€2,187
down €2,187 (-31.4%), from €6,962 to €4,775
- Profit (loss) carried forward -€2,183
down €2,183 (-14.1%), from €15,460 to €13,277
- Other debts -€1,781
down €1,781 (-55.3%), from €3,224 to €1,443
- Gross operating margin -€5,815
down €5,815 (-37.3%), from €15,587 to €9,773
- Depreciation -€1,757
down €1,757 (-18.4%), from €9,557 to €7,801
- Taxes -€666
down €666 (-75.0%), from €888 to €222
- Other operating charges -€515
down €515 (-47.9%), from €1,075 to €560
- Financial charges -€228
down €228 (-37.0%), from €615 to €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 | €49,486 | €26,525 | -€22,961 | -46.4% |
| Fixed assets | 21/28 | €17,022 | €9,221 | -€7,801 | -45.8% |
| Tangible fixed assets | 22/27 | €17,022 | €9,221 | -€7,801 | -45.8% |
| Furniture and vehicles | 24 | €2,377 | - | -€2,377 | |
| Leasing and similar rights | 25 | €14,645 | €9,221 | -€5,424 | -37.0% |
| Current assets | 29/58 | €32,464 | €17,304 | -€15,160 | -46.7% |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Contracts in progress | 37 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €10,459 | €9,191 | -€1,268 | -12.1% |
| Trade receivables | 40 | €10,227 | €8,119 | -€2,108 | -20.6% |
| Other amounts receivable | 41 | €232 | €1,071 | +€840 | +362.8% |
| Cash at bank and in hand | 54/58 | €22,006 | €4,613 | -€17,392 | -79.0% |
| Total equity and liabilities | 10/49 | €49,486 | €26,525 | -€22,961 | -46.4% |
| Equity | 10/15 | €21,460 | €19,277 | -€2,183 | -10.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,460 | €13,277 | -€2,183 | -14.1% |
| Amounts payable | 17/49 | €28,026 | €7,248 | -€20,778 | -74.1% |
| Amounts payable after more than one year | 17 | €4,780 | - | -€4,780 | |
| Financial debts | 170/4 | €4,780 | - | -€4,780 | |
| Amounts payable within one year | 42/48 | €23,246 | €7,248 | -€15,999 | -68.8% |
| Current portion of amounts payable after more than one year | 42 | €6,962 | €4,775 | -€2,187 | -31.4% |
| Trade debts | 44 | €1,607 | €808 | -€799 | -49.7% |
| Suppliers | 440/4 | €1,607 | €808 | -€799 | -49.7% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €1,453 | €222 | -€1,231 | -84.7% |
| Taxes | 450/3 | €1,453 | €222 | -€1,231 | -84.7% |
| Other amounts payable | 47/48 | €3,224 | €1,443 | -€1,781 | -55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,557 | €7,801 | -€1,757 | -18.4% |
| Other operating charges | 640/8 | €1,075 | €560 | -€515 | -47.9% |
| Non-recurring operating charges | 66A | €129 | - | -€129 | |
| Gross operating margin | 9900 | €15,587 | €9,773 | -€5,815 | -37.3% |
| Operating profit (loss) | 9901 | €4,826 | €1,412 | -€3,414 | -70.7% |
| Financial income | 75/76B | €60 | €14 | -€46 | -76.1% |
| Recurring financial income | 75 | €60 | €14 | -€46 | -76.1% |
| Financial charges | 65/66B | €615 | €387 | -€228 | -37.0% |
| Recurring financial charges | 65 | €615 | €387 | -€228 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €4,271 | €1,039 | -€3,232 | -75.7% |
| Income taxes | 67/77 | €888 | €222 | -€666 | -75.0% |
| Profit (loss) for the period | 9904 | €3,383 | €817 | -€2,566 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,383 | €817 | -€2,566 | -75.8% |
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.