CEREBRUM: 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.
CEREBRUM
Largest movements
- Cash +€15,111
up €15,111 (+35.3%), from €42,747 to €57,857
mainly Tax, wage and social debts (+€13,699) and Net result for the year (+€7,988)
- Receivables within one year +€4,679
up €4,679 (+43.1%), from €10,865 to €15,545
- Tangible fixed assets +€3,966
up €3,966 (+70.0%), from €5,667 to €9,633
of which Furniture and vehicles: +€3,966
- Deferred charges and accrued income -€1,112
down €1,112 (-37.3%), from €2,981 to €1,869
- Tax, wage and social debts +€13,699
up €13,699 (+243%), from €5,627 to €19,326
of which Taxes: +€13,408
- Profit (loss) carried forward +€7,910
up €7,910 (+151%), from €5,242 to €13,152
- Current portion of long-term debt +€3,474
new in 2025: €3,474
- Trade debts -€2,167
down €2,167 (-5.8%), from €37,237 to €35,070
- Other debts -€1,754
no longer reported in 2025 (was €1,754)
- Gross operating margin +€10,067
up €10,067 (+26.3%), from €38,313 to €48,379
- Depreciation +€1,720
up €1,720 (+91.9%), from €1,873 to €3,593
- Staff costs +€1,013
up €1,013 (+3.4%), from €29,858 to €30,871
- Financial charges +€728
up €728 (+17.8%), from €4,086 to €4,815
of which Non-recurring financial charges: +€1,150
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 | €62,261 | €84,904 | +€22,643 | +36.4% |
| Fixed assets | 21/28 | €5,667 | €9,633 | +€3,966 | +70.0% |
| Tangible fixed assets | 22/27 | €5,667 | €9,633 | +€3,966 | +70.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €5,667 | €9,633 | +€3,966 | +70.0% |
| Current assets | 29/58 | €56,593 | €75,271 | +€18,678 | +33.0% |
| Amounts receivable within one year | 40/41 | €10,865 | €15,545 | +€4,679 | +43.1% |
| Trade receivables | 40 | €10,865 | €15,545 | +€4,679 | +43.1% |
| Cash at bank and in hand | 54/58 | €42,747 | €57,857 | +€15,111 | +35.3% |
| Deferred charges and accrued income | 490/1 | €2,981 | €1,869 | -€1,112 | -37.3% |
| Total equity and liabilities | 10/49 | €62,261 | €84,904 | +€22,643 | +36.4% |
| Equity | 10/15 | €17,642 | €25,552 | +€7,910 | +44.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,242 | €13,152 | +€7,910 | +151% |
| Amounts payable | 17/49 | €44,618 | €59,352 | +€14,734 | +33.0% |
| Amounts payable after more than one year | 17 | - | €1,481 | +€1,481 | |
| Financial debts | 170/4 | - | €1,481 | +€1,481 | |
| Amounts payable within one year | 42/48 | €44,618 | €57,871 | +€13,253 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,474 | +€3,474 | |
| Trade debts | 44 | €37,237 | €35,070 | -€2,167 | -5.8% |
| Suppliers | 440/4 | €37,237 | €35,070 | -€2,167 | -5.8% |
| Taxes, remuneration and social security | 45 | €5,627 | €19,326 | +€13,699 | +243% |
| Taxes | 450/3 | €5,627 | €19,035 | +€13,408 | +238% |
| Remuneration and social security | 454/9 | - | €292 | +€292 | |
| Other amounts payable | 47/48 | €1,754 | - | -€1,754 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €29,858 | €30,871 | +€1,013 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,873 | €3,593 | +€1,720 | +91.9% |
| Other operating charges | 640/8 | €965 | €1,159 | +€194 | +20.1% |
| Gross operating margin | 9900 | €38,313 | €48,379 | +€10,067 | +26.3% |
| Operating profit (loss) | 9901 | €5,618 | €12,757 | +€7,139 | +127% |
| Financial income | 75/76B | €38 | €46 | +€8 | +21.8% |
| Recurring financial income | 75 | €38 | €46 | +€8 | +21.8% |
| Financial charges | 65/66B | €4,086 | €4,815 | +€728 | +17.8% |
| Recurring financial charges | 65 | €723 | €301 | -€422 | -58.4% |
| Non-recurring financial charges | 66B | €3,363 | €4,513 | +€1,150 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €1,569 | €7,988 | +€6,419 | +409% |
| Profit (loss) for the period | 9904 | €1,569 | €7,988 | +€6,419 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €1,569 | €7,988 | +€6,419 | +409% |
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.