CEREBE: 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.
CEREBE
Largest movements
- Cash -€33,966
down €33,966 (-15.6%), from €218,248 to €184,281
mainly Net result for the year (-€49,021) and Other debts (-€5,082)
- Receivables within one year -€21,359
down €21,359 (-98.9%), from €21,600 to €241
of which Trade receivables: -€21,600
- Tangible fixed assets -€3,947
down €3,947 (-57.7%), from €6,846 to €2,898
- Profit (loss) carried forward -€49,021
down €49,021, from €30,765 to -€18,256
- Other debts -€5,082
down €5,082 (-70.4%), from €7,223 to €2,141
- Tax, wage and social debts -€4,804
down €4,804 (-95.9%), from €5,010 to €206
of which Taxes: -€2,804
- Gross operating margin -€117,366
down €117,366, from €73,227 to -€44,139
- Taxes -€18,876
down €18,876 (-98.9%), from €19,082 to €206
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 | €248,707 | €188,476 | -€60,231 | -24.2% |
| Fixed assets | 21/28 | €6,846 | €2,898 | -€3,947 | -57.7% |
| Tangible fixed assets | 22/27 | €6,846 | €2,898 | -€3,947 | -57.7% |
| Furniture and vehicles | 24 | €6,846 | €2,898 | -€3,947 | -57.7% |
| Current assets | 29/58 | €241,861 | €185,578 | -€56,284 | -23.3% |
| Amounts receivable within one year | 40/41 | €21,600 | €241 | -€21,359 | -98.9% |
| Trade receivables | 40 | €21,600 | - | -€21,600 | |
| Other amounts receivable | 41 | - | €241 | +€241 | |
| Cash at bank and in hand | 54/58 | €218,248 | €184,281 | -€33,966 | -15.6% |
| Deferred charges and accrued income | 490/1 | €2,014 | €1,056 | -€958 | -47.6% |
| Total equity and liabilities | 10/49 | €248,707 | €188,476 | -€60,231 | -24.2% |
| Equity | 10/15 | €235,025 | €186,004 | -€49,021 | -20.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €191,860 | €191,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €190,000 | €190,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,765 | -€18,256 | -€49,021 | |
| Amounts payable | 17/49 | €13,682 | €2,472 | -€11,210 | -81.9% |
| Amounts payable within one year | 42/48 | €13,205 | €2,472 | -€10,733 | -81.3% |
| Trade debts | 44 | €971 | €124 | -€847 | -87.2% |
| Suppliers | 440/4 | €971 | €124 | -€847 | -87.2% |
| Taxes, remuneration and social security | 45 | €5,010 | €206 | -€4,804 | -95.9% |
| Taxes | 450/3 | €3,010 | €206 | -€2,804 | -93.2% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €7,223 | €2,141 | -€5,082 | -70.4% |
| Accrued charges and deferred income | 492/3 | €477 | - | -€477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,380 | €3,947 | +€567 | +16.8% |
| Other operating charges | 640/8 | €561 | €580 | +€19 | +3.4% |
| Gross operating margin | 9900 | €73,227 | -€44,139 | -€117,366 | |
| Operating profit (loss) | 9901 | €69,286 | -€48,667 | -€117,952 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €618 | €148 | -€469 | -76.0% |
| Recurring financial charges | 65 | €618 | €148 | -€469 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | €68,673 | -€48,815 | -€117,488 | |
| Income taxes | 67/77 | €19,082 | €206 | -€18,876 | -98.9% |
| Profit (loss) for the period | 9904 | €49,591 | -€49,021 | -€98,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,591 | -€49,021 | -€98,612 |
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 27 October 2026 via checked.be.