CeresRecruitment: 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.
CeresRecruitment
Largest movements
- Cash +€106,824
up €106,824 (+89.0%), from €120,038 to €226,862
mainly Trade debts (+€41,831) and Net result for the year (+€29,222)
- Receivables within one year -€23,817
down €23,817 (-7.6%), from €315,171 to €291,354
of which Other amounts receivable: -€12,445
- Trade debts +€41,831
up €41,831 (+31.4%), from €133,241 to €175,072
- Reserves +€29,222
up €29,222 (+18.6%), from €157,032 to €186,254
- Other debts +€9,050
new in 2025: €9,050
- Gross operating margin +€77,388
up €77,388 (+9.3%), from €832,983 to €910,372
- Taxes +€10,377
up €10,377 (+1,274%), from €815 to €11,192
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 | €453,522 | €534,766 | +€81,244 | +17.9% |
| Fixed assets | 21/28 | €1,250 | €1,250 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €452,272 | €533,516 | +€81,244 | +18.0% |
| Amounts receivable within one year | 40/41 | €315,171 | €291,354 | -€23,817 | -7.6% |
| Trade receivables | 40 | €260,917 | €249,546 | -€11,372 | -4.4% |
| Other amounts receivable | 41 | €54,254 | €41,808 | -€12,445 | -22.9% |
| Cash at bank and in hand | 54/58 | €120,038 | €226,862 | +€106,824 | +89.0% |
| Deferred charges and accrued income | 490/1 | €17,064 | €15,301 | -€1,763 | -10.3% |
| Total equity and liabilities | 10/49 | €453,522 | €534,766 | +€81,244 | +17.9% |
| Equity | 10/15 | €175,632 | €204,854 | +€29,222 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,032 | €186,254 | +€29,222 | +18.6% |
| Distributable reserves | 133 | €157,032 | €186,254 | +€29,222 | +18.6% |
| Amounts payable | 17/49 | €277,890 | €329,913 | +€52,023 | +18.7% |
| Amounts payable within one year | 42/48 | €277,890 | €329,913 | +€52,023 | +18.7% |
| Trade debts | 44 | €133,241 | €175,072 | +€41,831 | +31.4% |
| Suppliers | 440/4 | €133,241 | €175,072 | +€41,831 | +31.4% |
| Taxes, remuneration and social security | 45 | €144,649 | €145,791 | +€1,141 | +0.8% |
| Taxes | 450/3 | €19,487 | €36,194 | +€16,707 | +85.7% |
| Remuneration and social security | 454/9 | €125,162 | €109,597 | -€15,565 | -12.4% |
| Other amounts payable | 47/48 | - | €9,050 | +€9,050 | |
| Remuneration, social security and pensions | 62 | €867,098 | €863,154 | -€3,945 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €0 | -€396 | -100% |
| Other operating charges | 640/8 | €659 | €159 | -€500 | -75.9% |
| Gross operating margin | 9900 | €832,983 | €910,372 | +€77,388 | +9.3% |
| Operating profit (loss) | 9901 | -€35,170 | €47,059 | +€82,229 | |
| Financial income | 75/76B | €1 | €96 | +€95 | +8,512% |
| Recurring financial income | 75 | €1 | €96 | +€95 | +8,512% |
| Financial charges | 65/66B | €5,053 | €6,742 | +€1,689 | +33.4% |
| Recurring financial charges | 65 | €5,053 | €6,742 | +€1,689 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | -€40,222 | €40,413 | +€80,635 | |
| Income taxes | 67/77 | €815 | €11,192 | +€10,377 | +1,274% |
| Profit (loss) for the period | 9904 | -€41,037 | €29,222 | +€70,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,037 | €29,222 | +€70,258 |
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 31 October 2026 via checked.be.