CERES: 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.
CERES
Largest movements
- Tangible fixed assets -€25,229
down €25,229 (-2.8%), from €916,840 to €891,612
- Debts after one year -€18,134
down €18,134 (-3.2%), from €567,623 to €549,489
- Profit (loss) carried forward -€11,607
down €11,607 (-1632.4%), from -€711 to -€12,318
- Gross operating margin -€4,354
down €4,354 (-14.9%), from €29,185 to €24,831
- Other operating charges +€489
up €489 (+19.5%), from €2,503 to €2,992
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 | €924,195 | €900,678 | -€23,517 | -2.5% |
| Fixed assets | 21/28 | €916,840 | €891,612 | -€25,229 | -2.8% |
| Tangible fixed assets | 22/27 | €916,840 | €891,612 | -€25,229 | -2.8% |
| Land and buildings | 22 | €916,840 | €891,612 | -€25,229 | -2.8% |
| Current assets | 29/58 | €7,354 | €9,067 | +€1,712 | +23.3% |
| Cash at bank and in hand | 54/58 | €7,354 | €9,067 | +€1,712 | +23.3% |
| Total equity and liabilities | 10/49 | €924,195 | €900,678 | -€23,517 | -2.5% |
| Equity | 10/15 | €1,289 | -€10,318 | -€11,607 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€711 | -€12,318 | -€11,607 | -1632.4% |
| Amounts payable | 17/49 | €922,906 | €910,996 | -€11,910 | -1.3% |
| Amounts payable after more than one year | 17 | €567,623 | €549,489 | -€18,134 | -3.2% |
| Financial debts | 170/4 | €567,623 | €549,489 | -€18,134 | -3.2% |
| Amounts payable within one year | 42/48 | €355,283 | €360,538 | +€5,255 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €17,880 | €18,134 | +€255 | +1.4% |
| Trade debts | 44 | €30 | €30 | = | 0.0% |
| Suppliers | 440/4 | €30 | €30 | = | 0.0% |
| Other amounts payable | 47/48 | €337,373 | €342,373 | +€5,000 | +1.5% |
| Accrued charges and deferred income | 492/3 | - | €970 | +€970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,229 | €25,229 | = | 0.0% |
| Other operating charges | 640/8 | €2,503 | €2,992 | +€489 | +19.5% |
| Gross operating margin | 9900 | €29,185 | €24,831 | -€4,354 | -14.9% |
| Operating profit (loss) | 9901 | €1,453 | -€3,389 | -€4,843 | |
| Financial charges | 65/66B | €8,325 | €8,218 | -€107 | -1.3% |
| Recurring financial charges | 65 | €8,325 | €8,218 | -€107 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,872 | -€11,607 | -€4,735 | -68.9% |
| Profit (loss) for the period | 9904 | -€6,872 | -€11,607 | -€4,735 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,872 | -€11,607 | -€4,735 | -68.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.