CERFILS: 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.
What changed
CERFILS
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€883,888
2024 · €1.7m-€831,835
Equity
€5.9m
2024 · €5.8m+€83,888
Cash
€4,209
2024 · €9,043-€4,834
Balance sheet total
€10.1m
2024 · €9.3m+€841,919
Largest movements
Assets
- Receivables within one year +€846,754
up €846,754 (+31.9%), from €2.7m to €3.5m
of which Other amounts receivable: +€841,670
Equity and liabilities
- Other debts +€774,000
up €774,000 (+42.0%), from €1.8m to €2.6m
Income statement
- Financial income -€899,678
down €899,678 (-47.5%), from €1.9m to €993,916
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.
Result 2024
€1.7m
Other operating items
+€21,380
Financial income
-€899,678
Financial charges
+€46,463
Result 2025
€883,888
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.
From operations
+€795,166
Investment
€0
Financing
-€800,000
Cash 2024
€9,043
From operations (derived)
+€795,166
Net result for the year
+€883,888
Receivables within one year
-€846,754
Trade debts
-€15,968
Other debts
+€774,000
Financing
-€800,000
Contributions, distributions and other
-€800,000
Cash 2025
€4,209
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,267,754 | €10,109,674 | +€841,919 | +9.1% |
| Fixed assets | 21/28 | €6,603,544 | €6,603,544 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Financial fixed assets | 28 | €6,603,544 | €6,603,544 | = | 0.0% |
| Affiliated companies | 280/1 | €5,819,330 | €5,819,330 | = | 0.0% |
| Participating interests | 280 | €5,819,330 | €5,819,330 | = | 0.0% |
| Other financial fixed assets | 284/8 | €784,214 | €784,214 | = | 0.0% |
| Shares | 284 | €784,214 | €784,214 | = | 0.0% |
| Current assets | 29/58 | €2,664,210 | €3,506,129 | +€841,919 | +31.6% |
| Amounts receivable within one year | 40/41 | €2,655,167 | €3,501,921 | +€846,754 | +31.9% |
| Trade receivables | 40 | €90,374 | €95,457 | +€5,084 | +5.6% |
| Other amounts receivable | 41 | €2,564,794 | €3,406,463 | +€841,670 | +32.8% |
| Cash at bank and in hand | 54/58 | €9,043 | €4,209 | -€4,834 | -53.5% |
| Total equity and liabilities | 10/49 | €9,267,754 | €10,109,674 | +€841,919 | +9.1% |
| Equity | 10/15 | €5,822,623 | €5,906,511 | +€83,888 | +1.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,710,000 | €2,710,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €2,700,000 | €2,700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,012,623 | €3,096,511 | +€83,888 | +2.8% |
| Amounts payable | 17/49 | €3,445,131 | €4,203,162 | +€758,032 | +22.0% |
| Amounts payable within one year | 42/48 | €3,445,131 | €4,203,162 | +€758,032 | +22.0% |
| Financial debts | 43 | €1,500,000 | €1,500,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,500,000 | €1,500,000 | = | 0.0% |
| Trade debts | 44 | €102,349 | €86,380 | -€15,968 | -15.6% |
| Suppliers | 440/4 | €102,349 | €86,380 | -€15,968 | -15.6% |
| Other amounts payable | 47/48 | €1,842,782 | €2,616,782 | +€774,000 | +42.0% |
| Operating income | 70/76A | €305,302 | €249,676 | -€55,626 | -18.2% |
| Other operating income | 74 | €305,302 | €227,550 | -€77,751 | -25.5% |
| Non-recurring operating income | 76A | - | €22,126 | +€22,126 | |
| Operating charges | 60/66A | €316,511 | €239,506 | -€77,005 | -24.3% |
| Services and other goods | 61 | €316,511 | €239,506 | -€77,005 | -24.3% |
| Operating profit (loss) | 9901 | -€11,210 | €10,170 | +€21,380 | |
| Financial income | 75/76B | €1,893,594 | €993,916 | -€899,678 | -47.5% |
| Recurring financial income | 75 | €1,893,594 | €993,916 | -€899,678 | -47.5% |
| Income from financial fixed assets | 750 | €1,803,221 | €903,221 | -€900,000 | -49.9% |
| Income from current assets | 751 | €90,374 | €90,695 | +€322 | +0.4% |
| Financial charges | 65/66B | €166,662 | €120,198 | -€46,463 | -27.9% |
| Recurring financial charges | 65 | €166,662 | €120,198 | -€46,463 | -27.9% |
| Debt charges | 650 | €165,559 | €119,173 | -€46,386 | -28.0% |
| Other financial charges | 652/9 | €1,103 | €1,026 | -€77 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €1,715,723 | €883,888 | -€831,835 | -48.5% |
| Profit (loss) for the period | 9904 | €1,715,723 | €883,888 | -€831,835 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,715,723 | €883,888 | -€831,835 | -48.5% |
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 9 October 2026 via checked.be.