CERFONTAINE: 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.
CERFONTAINE
Largest movements
- Tangible fixed assets -€1,141
down €1,141 (-54.8%), from €2,083 to €942
of which Land and buildings: -€1,141
- Stocks and contracts -€1,000
down €1,000 (-100%), from €1,000 to €0
- Receivables within one year -€823
down €823 (-35.1%), from €2,346 to €1,522
of which Trade receivables: -€821
- Deferred charges and accrued income +€325
up €325 (+61.7%), from €527 to €852
- Other debts -€3,969
down €3,969 (-80.6%), from €4,924 to €955
- Short-term financial debts -€1,164
down €1,164 (-46.9%), from €2,482 to €1,317
- Tax, wage and social debts +€1,133
up €1,133 (+47.1%), from €2,404 to €3,537
of which Taxes: +€1,133
- Profit (loss) carried forward +€1,016
up €1,016 (+4.0%), from -€25,191 to -€24,175
- Trade debts +€345
up €345 (+39.3%), from €876 to €1,221
- Gross operating margin +€1,930
up €1,930 (+50.0%), from €3,859 to €5,789
- Taxes +€969
up €969 (+149%), from €649 to €1,618
- Other operating charges +€455
up €455 (+35.9%), from €1,268 to €1,723
- Financial charges -€70
down €70 (-19.5%), from €361 to €291
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 | €5,955 | €3,315 | -€2,640 | -44.3% |
| Fixed assets | 21/28 | €2,083 | €942 | -€1,141 | -54.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,083 | €942 | -€1,141 | -54.8% |
| Land and buildings | 22 | €2,083 | €942 | -€1,141 | -54.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €3,872 | €2,374 | -€1,498 | -38.7% |
| Stocks and contracts in progress | 3 | €1,000 | €0 | -€1,000 | -100% |
| Stocks | 30/36 | €1,000 | €0 | -€1,000 | -100% |
| Amounts receivable within one year | 40/41 | €2,346 | €1,522 | -€823 | -35.1% |
| Trade receivables | 40 | €2,343 | €1,522 | -€821 | -35.0% |
| Other amounts receivable | 41 | €2 | €0 | -€2 | -100% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €527 | €852 | +€325 | +61.7% |
| Total equity and liabilities | 10/49 | €5,955 | €3,315 | -€2,640 | -44.3% |
| Equity | 10/15 | -€4,731 | -€3,715 | +€1,016 | +21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,191 | -€24,175 | +€1,016 | +4.0% |
| Amounts payable | 17/49 | €10,686 | €7,030 | -€3,656 | -34.2% |
| Amounts payable within one year | 42/48 | €10,686 | €7,030 | -€3,656 | -34.2% |
| Financial debts | 43 | €2,482 | €1,317 | -€1,164 | -46.9% |
| Credit institutions | 430/8 | €2,482 | €1,317 | -€1,164 | -46.9% |
| Trade debts | 44 | €876 | €1,221 | +€345 | +39.3% |
| Suppliers | 440/4 | €876 | €1,221 | +€345 | +39.3% |
| Taxes, remuneration and social security | 45 | €2,404 | €3,537 | +€1,133 | +47.1% |
| Taxes | 450/3 | €2,404 | €3,537 | +€1,133 | +47.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,924 | €955 | -€3,969 | -80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,143 | €1,141 | -€2 | -0.1% |
| Other operating charges | 640/8 | €1,268 | €1,723 | +€455 | +35.9% |
| Gross operating margin | 9900 | €3,859 | €5,789 | +€1,930 | +50.0% |
| Operating profit (loss) | 9901 | €1,448 | €2,925 | +€1,477 | +102% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €361 | €291 | -€70 | -19.5% |
| Recurring financial charges | 65 | €361 | €291 | -€70 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €1,087 | €2,634 | +€1,548 | +142% |
| Income taxes | 67/77 | €649 | €1,618 | +€969 | +149% |
| Profit (loss) for the period | 9904 | €437 | €1,016 | +€579 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €437 | €1,016 | +€579 | +132% |
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 16 October 2026 via checked.be.