Ceres Antwerpen: 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 Antwerpen
Largest movements
- Receivables within one year +€74,385
up €74,385 (+10,374%), from €717 to €75,102
of which Trade receivables: +€74,442
- Stocks and contracts -€10,895
down €10,895 (-10.2%), from €107,308 to €96,414
- Profit (loss) carried forward +€49,484
up €49,484 (+4.6%), from -€1.1m to -€1.0m
- Debts after one year -€30,738
down €30,738 (-45.0%), from €68,261 to €37,523
- Current portion of long-term debt +€25,000
new in 2025: €25,000
- Short-term financial debts +€20,316
up €20,316 (+38.6%), from €52,572 to €72,889
of which Credit institutions: +€72,889
- Other debts -€2,690
down €2,690 (-0.3%), from €826,713 to €824,023
- Gross operating margin +€57,422
up €57,422, from -€3,499 to €53,924
- Financial charges -€5,227
down €5,227 (-54.8%), from €9,547 to €4,320
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,736 | €212,227 | +€63,490 | +42.7% |
| Fixed assets | 21/28 | €40,711 | €40,711 | = | 0.0% |
| Tangible fixed assets | 22/27 | €37,746 | €37,746 | = | 0.0% |
| Other tangible fixed assets | 26 | €37,746 | €37,746 | = | 0.0% |
| Financial fixed assets | 28 | €2,965 | €2,965 | = | 0.0% |
| Current assets | 29/58 | €108,025 | €171,515 | +€63,490 | +58.8% |
| Stocks and contracts in progress | 3 | €107,308 | €96,414 | -€10,895 | -10.2% |
| Stocks | 30/36 | €107,308 | €96,414 | -€10,895 | -10.2% |
| Amounts receivable within one year | 40/41 | €717 | €75,102 | +€74,385 | +10,374% |
| Trade receivables | 40 | - | €74,442 | +€74,442 | |
| Other amounts receivable | 41 | €717 | €660 | -€57 | -8.0% |
| Total equity and liabilities | 10/49 | €148,736 | €212,227 | +€63,490 | +42.7% |
| Equity | 10/15 | -€799,718 | -€750,234 | +€49,484 | +6.2% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Capital | 10 | €275,000 | €275,000 | = | 0.0% |
| Issued capital | 100 | €275,000 | €275,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,074,718 | -€1,025,234 | +€49,484 | +4.6% |
| Amounts payable | 17/49 | €948,455 | €962,461 | +€14,006 | +1.5% |
| Amounts payable after more than one year | 17 | €68,261 | €37,523 | -€30,738 | -45.0% |
| Financial debts | 170/4 | €68,261 | €37,523 | -€30,738 | -45.0% |
| Amounts payable within one year | 42/48 | €880,193 | €924,937 | +€44,744 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | - | €25,000 | +€25,000 | |
| Financial debts | 43 | €52,572 | €72,889 | +€20,316 | +38.6% |
| Credit institutions | 430/8 | - | €72,889 | +€72,889 | |
| Other loans | 439 | €52,572 | - | -€52,572 | |
| Trade debts | 44 | €908 | €3,025 | +€2,118 | +233% |
| Suppliers | 440/4 | €908 | €3,025 | +€2,118 | +233% |
| Other amounts payable | 47/48 | €826,713 | €824,023 | -€2,690 | -0.3% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€3,499 | €53,924 | +€57,422 | |
| Operating profit (loss) | 9901 | -€3,499 | €53,804 | +€57,302 | |
| Financial charges | 65/66B | €9,547 | €4,320 | -€5,227 | -54.8% |
| Recurring financial charges | 65 | €9,547 | €4,320 | -€5,227 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,045 | €49,484 | +€62,530 | |
| Profit (loss) for the period | 9904 | -€13,045 | €49,484 | +€62,530 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,045 | €49,484 | +€62,530 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.