CERASUS: 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.
CERASUS
Largest movements
- Cash -€23,958
down €23,958 (-93.8%), from €25,529 to €1,571
mainly Net result for the year (-€51,160) and Receivables within one year (-€19,120)
- Receivables within one year +€19,120
up €19,120 (+96.9%), from €19,723 to €38,843
of which Trade receivables: +€20,193
- Tangible fixed assets -€14,028
down €14,028 (-33.9%), from €41,389 to €27,361
of which Furniture and vehicles: -€11,936
- Intangible fixed assets +€4,344
new in 2025: €4,344
- Deferred charges and accrued income -€1,559
down €1,559 (-62.3%), from €2,504 to €945
- Profit (loss) carried forward -€51,160
new in 2025: -€51,160
- Other debts +€30,985
up €30,985 (+99.0%), from €31,308 to €62,294
- Trade debts +€9,695
up €9,695 (+6,163%), from €157 to €9,852
- Tax, wage and social debts -€7,079
down €7,079 (-96.3%), from €7,351 to €271
- Accrued charges and deferred income +€1,478
up €1,478, from €0 to €1,478
- Gross operating margin -€29,943
down €29,943 (-602%), from -€4,977 to -€34,920
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.
Derived cash bridge
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 | €98,739 | €82,658 | -€16,081 | -16.3% |
| Fixed assets | 21/28 | €41,389 | €31,705 | -€9,684 | -23.4% |
| Intangible fixed assets | 21 | - | €4,344 | +€4,344 | |
| Tangible fixed assets | 22/27 | €41,389 | €27,361 | -€14,028 | -33.9% |
| Plant, machinery and equipment | 23 | €20,262 | €18,169 | -€2,092 | -10.3% |
| Furniture and vehicles | 24 | €18,377 | €6,442 | -€11,936 | -64.9% |
| Other tangible fixed assets | 26 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €57,350 | €50,953 | -€6,397 | -11.2% |
| Amounts receivable within one year | 40/41 | €19,723 | €38,843 | +€19,120 | +96.9% |
| Trade receivables | 40 | €17,969 | €38,161 | +€20,193 | +112% |
| Other amounts receivable | 41 | €1,755 | €682 | -€1,073 | -61.1% |
| Current investments | 50/53 | €9,594 | €9,594 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,529 | €1,571 | -€23,958 | -93.8% |
| Deferred charges and accrued income | 490/1 | €2,504 | €945 | -€1,559 | -62.3% |
| Total equity and liabilities | 10/49 | €98,739 | €82,658 | -€16,081 | -16.3% |
| Equity | 10/15 | €59,923 | €8,762 | -€51,160 | -85.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,323 | €41,323 | = | 0.0% |
| Distributable reserves | 133 | €41,323 | €41,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,160 | -€51,160 | |
| Amounts payable | 17/49 | €38,816 | €73,895 | +€35,079 | +90.4% |
| Amounts payable within one year | 42/48 | €38,816 | €72,418 | +€33,601 | +86.6% |
| Trade debts | 44 | €157 | €9,852 | +€9,695 | +6,163% |
| Suppliers | 440/4 | €157 | €9,852 | +€9,695 | +6,163% |
| Taxes, remuneration and social security | 45 | €7,351 | €271 | -€7,079 | -96.3% |
| Taxes | 450/3 | €7,351 | €271 | -€7,079 | -96.3% |
| Other amounts payable | 47/48 | €31,308 | €62,294 | +€30,985 | +99.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,478 | +€1,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,967 | €14,634 | -€334 | -2.2% |
| Other operating charges | 640/8 | €689 | €599 | -€90 | -13.1% |
| Non-recurring operating charges | 66A | €735 | €0 | -€735 | -100% |
| Gross operating margin | 9900 | -€4,977 | -€34,920 | -€29,943 | -602% |
| Operating profit (loss) | 9901 | -€21,368 | -€50,152 | -€28,785 | -135% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €649 | €747 | +€97 | +15.0% |
| Recurring financial charges | 65 | €649 | €747 | +€97 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,002 | -€50,899 | -€28,897 | -131% |
| Income taxes | 67/77 | €271 | €261 | -€10 | -3.8% |
| Profit (loss) for the period | 9904 | -€22,273 | -€51,160 | -€28,887 | -130% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,273 | -€51,160 | -€28,887 | -130% |
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 20 October 2026 via checked.be.