CERIGIS: 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.
CERIGIS
Largest movements
- Tangible fixed assets -€330,909
down €330,909 (-17.4%), from €1.9m to €1.6m
of which Leasing and similar rights: -€327,510
- Cash +€166,404
up €166,404 (+250%), from €66,649 to €233,053
mainly Depreciation (+€330,909) and Net result for the year (+€269,132)
- Other debts +€150,000
up €150,000 (+150%), from €100,000 to €250,000
- Current portion of long-term debt -€135,289
down €135,289 (-52.3%), from €258,499 to €123,211
- Debts after one year -€123,210
no longer reported in 2025 (was €123,210)
- Reserves +€74,066
up €74,066 (+5.1%), from €1.5m to €1.5m
of which Distributable reserves: +€74,066
- Revaluation surpluses -€74,066
down €74,066 (-14.3%), from €518,464 to €444,398
- Gross operating margin +€229,281
up €229,281 (+48.3%), from €474,580 to €703,861
- Turnover +€171,618
up €171,618 (+27.0%), from €634,834 to €806,452
- Taxes +€54,025
up €54,025 (+91.8%), from €58,835 to €112,860
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 | €3,117,138 | €2,975,447 | -€141,691 | -4.5% |
| Fixed assets | 21/28 | €1,900,594 | €1,569,685 | -€330,909 | -17.4% |
| Tangible fixed assets | 22/27 | €1,900,594 | €1,569,685 | -€330,909 | -17.4% |
| Plant, machinery and equipment | 23 | €2,391 | €1,840 | -€551 | -23.0% |
| Leasing and similar rights | 25 | €1,884,595 | €1,557,085 | -€327,510 | -17.4% |
| Other tangible fixed assets | 26 | €13,608 | €10,760 | -€2,848 | -20.9% |
| Current assets | 29/58 | €1,216,544 | €1,405,761 | +€189,217 | +15.6% |
| Amounts receivable within one year | 40/41 | €1,149,895 | €1,172,475 | +€22,580 | +2.0% |
| Trade receivables | 40 | €106,427 | €406,536 | +€300,109 | +282% |
| Other amounts receivable | 41 | €1,043,468 | €765,938 | -€277,530 | -26.6% |
| Cash at bank and in hand | 54/58 | €66,649 | €233,053 | +€166,404 | +250% |
| Deferred charges and accrued income | 490/1 | - | €234 | +€234 | |
| Total equity and liabilities | 10/49 | €3,117,138 | €2,975,447 | -€141,691 | -4.5% |
| Equity | 10/15 | €2,389,843 | €2,402,545 | +€12,702 | +0.5% |
| Contributions | 10/11 | €363,834 | €363,834 | = | 0.0% |
| Capital | 10 | €363,834 | €363,834 | = | 0.0% |
| Issued capital | 100 | €363,834 | €363,834 | = | 0.0% |
| Revaluation surpluses | 12 | €518,464 | €444,398 | -€74,066 | -14.3% |
| Reserves | 13 | €1,463,728 | €1,537,794 | +€74,066 | +5.1% |
| Non-distributable reserves | 130/1 | €36,384 | €36,383 | -€1 | 0.0% |
| Legal reserve | 130 | €36,384 | €36,383 | -€1 | 0.0% |
| Distributable reserves | 133 | €1,427,344 | €1,501,410 | +€74,066 | +5.2% |
| Profit (loss) carried forward | 14 | €11,483 | €30,615 | +€19,132 | +167% |
| Investment grants | 15 | €32,334 | €25,903 | -€6,431 | -19.9% |
| Provisions and deferred taxes | 16 | €23,013 | €23,013 | +€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €23,013 | €23,013 | +€0 | 0.0% |
| Major repairs and maintenance | 162 | €23,013 | €23,013 | +€0 | 0.0% |
| Amounts payable | 17/49 | €704,282 | €549,889 | -€154,393 | -21.9% |
| Amounts payable after more than one year | 17 | €123,210 | - | -€123,210 | |
| Financial debts | 170/4 | €123,210 | - | -€123,210 | |
| Amounts payable within one year | 42/48 | €581,072 | €549,889 | -€31,183 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €258,499 | €123,211 | -€135,289 | -52.3% |
| Trade debts | 44 | €154,008 | €169,612 | +€15,604 | +10.1% |
| Suppliers | 440/4 | €154,008 | €169,612 | +€15,604 | +10.1% |
| Taxes, remuneration and social security | 45 | €68,565 | €7,066 | -€61,499 | -89.7% |
| Taxes | 450/3 | €68,565 | €7,066 | -€61,499 | -89.7% |
| Other amounts payable | 47/48 | €100,000 | €250,000 | +€150,000 | +150% |
| Turnover | 70 | €634,834 | €806,452 | +€171,618 | +27.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,254 | €162,591 | +€2,337 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331,145 | €330,909 | -€236 | -0.1% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€30 | +3.0% |
| Gross operating margin | 9900 | €474,580 | €703,861 | +€229,281 | +48.3% |
| Operating profit (loss) | 9901 | €142,405 | €371,891 | +€229,486 | +161% |
| Financial income | 75/76B | €54,682 | €48,673 | -€6,009 | -11.0% |
| Recurring financial income | 75 | €54,682 | €48,673 | -€6,009 | -11.0% |
| Financial charges | 65/66B | €36,027 | €38,572 | +€2,545 | +7.1% |
| Recurring financial charges | 65 | €36,027 | €38,572 | +€2,545 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €161,060 | €381,993 | +€220,933 | +137% |
| Income taxes | 67/77 | €58,835 | €112,860 | +€54,025 | +91.8% |
| Profit (loss) for the period | 9904 | €102,225 | €269,132 | +€166,907 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €102,225 | €269,132 | +€166,907 | +163% |
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 21 October 2026 via checked.be.