CERIZO: what changed
Two fiscal 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.
CERIZO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€969,697
up €969,697 (+22.6%), from €4.3m to €5.3m
- Short-term financial debts -€684,000
no longer reported in 2025 (was €684,000)
- Debts after one year -€357,870
no longer reported in 2025 (was €357,870)
- Financial income +€777,147
up €777,147 (+107.5%), from €722,853 to €1.5m
of which Financial income: +€781,750
- Turnover +€379,585
new in 2025: €379,585
- Services and other goods +€369,411
new in 2025: €369,411
- Financial charges +€121,062
up €121,062 (+6814.9%), from €1,776 to €122,839
of which Non-recurring financial charges: +€122,623
- Gross operating margin -€79,701
no longer reported in 2025 (was €79,701)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,639,426 | €6,510,828 | -€128,598 | -1.9% |
| Fixed assets | 21/28 | €6,502,668 | €6,451,137 | -€51,531 | -0.8% |
| Financial fixed assets | 28 | €6,502,668 | €6,451,137 | -€51,531 | -0.8% |
| Affiliated companies | 280/1 | - | €6,451,137 | +€6.5m | |
| Participating interests | 280 | - | €6,451,137 | +€6.5m | |
| Current assets | 29/58 | €136,759 | €59,691 | -€77,067 | -56.4% |
| Amounts receivable within one year | 40/41 | €70,020 | €40,983 | -€29,037 | -41.5% |
| Trade receivables | 40 | €65,337 | €36,300 | -€29,037 | -44.4% |
| Other amounts receivable | 41 | €4,683 | €4,683 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,754 | €17,659 | -€48,095 | -73.1% |
| Deferred charges and accrued income | 490/1 | €984 | €1,049 | +€65 | +6.6% |
| Total equity and liabilities | 10/49 | €6,639,426 | €6,510,828 | -€128,598 | -1.9% |
| Equity | 10/15 | €5,507,222 | €6,476,919 | +€969,697 | +17.6% |
| Contributions | 10/11 | €1,110,816 | €1,110,816 | = | 0.0% |
| Reserves | 13 | €111,082 | €111,082 | = | 0.0% |
| Non-distributable reserves | 130/1 | €111,082 | - | -€111,082 | |
| Reserves not available under the articles | 1311 | €111,082 | - | -€111,082 | |
| Distributable reserves | 133 | - | €111,082 | +€111,082 | |
| Profit (loss) carried forward | 14 | €4,285,324 | €5,255,021 | +€969,697 | +22.6% |
| Amounts payable | 17/49 | €1,132,204 | €33,909 | -€1.1m | -97.0% |
| Amounts payable after more than one year | 17 | €357,870 | - | -€357,870 | |
| Financial debts | 170/4 | €357,870 | - | -€357,870 | |
| Amounts payable within one year | 42/48 | €774,334 | €33,909 | -€740,425 | -95.6% |
| Financial debts | 43 | €684,000 | - | -€684,000 | |
| Other loans | 439 | €684,000 | - | -€684,000 | |
| Trade debts | 44 | €63,468 | €33,163 | -€30,306 | -47.7% |
| Suppliers | 440/4 | €63,468 | €33,163 | -€30,306 | -47.7% |
| Taxes, remuneration and social security | 45 | €26,866 | €747 | -€26,119 | -97.2% |
| Taxes | 450/3 | €26,866 | €747 | -€26,119 | -97.2% |
| Operating income | 70/76A | - | €379,585 | +€379,585 | |
| Turnover | 70 | - | €379,585 | +€379,585 | |
| Operating charges | 60/66A | - | €369,539 | +€369,539 | |
| Services and other goods | 61 | - | €369,411 | +€369,411 | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Non-recurring operating charges | 66A | €11,135 | - | -€11,135 | |
| Gross operating margin | 9900 | €79,701 | - | -€79,701 | |
| Operating profit (loss) | 9901 | €68,440 | €10,046 | -€58,393 | -85.3% |
| Financial income | 75/76B | €722,853 | €1,500,000 | +€777,147 | +107.5% |
| Recurring financial income | 75 | €718,250 | €1,500,000 | +€781,750 | +108.8% |
| Income from financial fixed assets | 750 | - | €1,500,000 | +€1.5m | |
| Non-recurring financial income | 76B | €4,603 | - | -€4,603 | |
| Financial charges | 65/66B | €1,776 | €122,839 | +€121,062 | +6814.9% |
| Recurring financial charges | 65 | €1,776 | €216 | -€1,561 | -87.9% |
| Other financial charges | 652/9 | - | €216 | +€216 | |
| Non-recurring financial charges | 66B | - | €122,623 | +€122,623 | |
| Profit (loss) for the period before taxes | 9903 | €789,516 | €1,387,208 | +€597,692 | +75.7% |
| Income taxes | 67/77 | €17,883 | €2,511 | -€15,371 | -86.0% |
| Taxes | 670/3 | - | €2,511 | +€2,511 | |
| Profit (loss) for the period | 9904 | €771,634 | €1,384,697 | +€613,063 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €771,634 | €1,384,697 | +€613,063 | +79.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.