CERM: 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
CERM
NACE 62.100, Computer programming
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€1.5m
2025 · €1.7m-€200,037
Equity
€3.3m
2025 · €1.8m+€1.5m
Cash
€1.2m
2025 · €2.0m-€836,393
Balance sheet total
€13.6m
2025 · €12.9m+€738,964
Largest movements
Assets
- Current investments +€1.2m
up €1.2m (+120.7%), from €1.0m to €2.2m
- Cash -€836,393
down €836,393 (-41.4%), from €2.0m to €1.2m
mainly Current investments (-€1.2m) and Investment in fixed assets (net) (-€853,272)
- Receivables within one year +€283,601
up €283,601 (+13.2%), from €2.2m to €2.4m
of which Other amounts receivable: +€298,238
Equity and liabilities
- Reserves +€1.5m
up €1.5m (+86.1%), from €1.7m to €3.2m
of which Distributable reserves: +€1.5m
- Other debts +€748,348
up €748,348 (+91240.8%), from €820 to €749,168
- Current portion of long-term debt -€450,000
down €450,000 (-38.1%), from €1.2m to €730,000
- Debts after one year -€412,796
down €412,796 (-5.7%), from €7.3m to €6.8m
- Trade debts -€329,251
down €329,251 (-28.5%), from €1.2m to €826,692
Income statement
- Turnover +€1.6m
up €1.6m (+11.7%), from €14.0m to €15.7m
- Services and other goods +€1.1m
up €1.1m (+18.8%), from €5.7m to €6.7m
- Financial charges +€414,824
up €414,824 (+102.9%), from €403,194 to €818,018
- Staff costs +€326,989
up €326,989 (+5.4%), from €6.0m to €6.3m
- Other operating income +€243,006
up €243,006 (+26.4%), from €921,918 to €1.2m
From the 2025 result to the 2026 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 2025
€1.7m
Turnover
+€1.6m
Other operating income
+€243,006
Goods and materials
-€58,053
Services and other goods
-€1.1m
Staff costs
-€326,989
Depreciation
-€177,819
Write-downs
+€84,125
Other operating charges
-€13,154
Other operating items
-€36,908
Financial income
-€94,729
Financial charges
-€414,824
Taxes
+€20,364
Result 2026
€1.5m
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.1m
Investment
-€2.1m
Financing
-€862,796
Cash 2025
€2.0m
From operations (derived)
+€2.1m
Net result for the year
+€1.5m
Depreciation
+€863,473
Receivables after one year
+€273
Stocks and contracts
-€70,375
Receivables within one year
-€283,601
Deferred charges and accrued income
-€24,770
Trade debts
-€329,251
Tax, wage and social debts
-€158,809
Advances received
-€196,980
Other debts
+€748,348
Accrued charges and deferred income
+€44,056
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€853,272
Current investments
-€1.2m
Financing
-€862,796
Debts after one year
-€412,796
Current portion of long-term debt
-€450,000
Cash 2026
€1.2m
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,853,401 | €13,592,366 | +€738,964 | +5.7% |
| Fixed assets | 21/28 | €7,257,200 | €7,246,999 | -€10,201 | -0.1% |
| Intangible fixed assets | 21 | €1,682,467 | €1,569,439 | -€113,027 | -6.7% |
| Tangible fixed assets | 22/27 | €1,026,170 | €1,137,631 | +€111,462 | +10.9% |
| Plant, machinery and equipment | 23 | €45,628 | €53,766 | +€8,138 | +17.8% |
| Furniture and vehicles | 24 | €323,194 | €211,772 | -€111,422 | -34.5% |
| Other tangible fixed assets | 26 | €657,348 | €872,094 | +€214,746 | +32.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €4,548,563 | €4,539,928 | -€8,635 | -0.2% |
| Affiliated companies | 280/1 | €4,533,318 | €4,533,318 | = | 0.0% |
| Participating interests | 280 | €4,533,318 | €4,533,318 | = | 0.0% |
| Other financial fixed assets | 284/8 | €15,245 | €6,611 | -€8,635 | -56.6% |
| Amounts receivable and cash guarantees | 285/8 | €15,245 | €6,611 | -€8,635 | -56.6% |
| Current assets | 29/58 | €5,596,202 | €6,345,367 | +€749,165 | +13.4% |
| Amounts receivable after more than one year | 29 | €16,508 | €16,235 | -€273 | -1.7% |
| Other amounts receivable | 291 | €16,508 | €16,235 | -€273 | -1.7% |
| Stocks and contracts in progress | 3 | €68,355 | €138,730 | +€70,375 | +103.0% |
| Stocks | 30/36 | €68,355 | €138,730 | +€70,375 | +103.0% |
| Goods purchased for resale | 34 | €68,355 | €138,730 | +€70,375 | +103.0% |
| Amounts receivable within one year | 40/41 | €2,150,568 | €2,434,170 | +€283,601 | +13.2% |
| Trade receivables | 40 | €1,094,823 | €1,080,187 | -€14,637 | -1.3% |
| Other amounts receivable | 41 | €1,055,745 | €1,353,983 | +€298,238 | +28.2% |
| Current investments | 50/53 | €1,000,000 | €2,207,085 | +€1.2m | +120.7% |
| Other investments | 51/53 | €1,000,000 | €2,207,085 | +€1.2m | +120.7% |
| Cash at bank and in hand | 54/58 | €2,022,403 | €1,186,010 | -€836,393 | -41.4% |
| Deferred charges and accrued income | 490/1 | €338,367 | €363,137 | +€24,770 | +7.3% |
| Total equity and liabilities | 10/49 | €12,853,401 | €13,592,366 | +€738,964 | +5.7% |
| Equity | 10/15 | €1,835,213 | €3,329,610 | +€1.5m | +81.4% |
| 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 | €1,735,213 | €3,229,610 | +€1.5m | +86.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €1,725,213 | €3,219,610 | +€1.5m | +86.6% |
| Amounts payable | 17/49 | €11,018,188 | €10,262,756 | -€755,432 | -6.9% |
| Amounts payable after more than one year | 17 | €7,252,796 | €6,840,000 | -€412,796 | -5.7% |
| Financial debts | 170/4 | €7,252,796 | €6,840,000 | -€412,796 | -5.7% |
| Subordinated loans | 170 | €700,000 | €700,000 | = | 0.0% |
| Credit institutions | 173 | €6,552,796 | €6,140,000 | -€412,796 | -6.3% |
| Amounts payable within one year | 42/48 | €3,684,677 | €3,297,985 | -€386,693 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €1,180,000 | €730,000 | -€450,000 | -38.1% |
| Trade debts | 44 | €1,155,943 | €826,692 | -€329,251 | -28.5% |
| Suppliers | 440/4 | €1,155,943 | €826,692 | -€329,251 | -28.5% |
| Advances received on contracts in progress | 46 | €391,071 | €194,090 | -€196,980 | -50.4% |
| Taxes, remuneration and social security | 45 | €956,843 | €798,034 | -€158,809 | -16.6% |
| Taxes | 450/3 | €33,396 | €6,460 | -€26,937 | -80.7% |
| Remuneration and social security | 454/9 | €923,446 | €791,574 | -€131,873 | -14.3% |
| Other amounts payable | 47/48 | €820 | €749,168 | +€748,348 | +91240.8% |
| Accrued charges and deferred income | 492/3 | €80,715 | €124,771 | +€44,056 | +54.6% |
| Operating income | 70/76A | €14,965,095 | €16,847,475 | +€1.9m | +12.6% |
| Turnover | 70 | €14,043,177 | €15,682,551 | +€1.6m | +11.7% |
| Other operating income | 74 | €921,918 | €1,164,924 | +€243,006 | +26.4% |
| Operating charges | 60/66A | €12,988,600 | €14,581,828 | +€1.6m | +12.3% |
| Goods for resale, raw materials and consumables | 60 | €551,192 | €609,245 | +€58,053 | +10.5% |
| Purchases | 600/8 | €452,817 | €679,620 | +€226,803 | +50.1% |
| Change in stocks: decrease (increase) | 609 | €98,375 | -€70,375 | -€168,750 | |
| Services and other goods | 61 | €5,659,923 | €6,724,352 | +€1.1m | +18.8% |
| Remuneration, social security and pensions | 62 | €6,014,827 | €6,341,816 | +€326,989 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685,654 | €863,473 | +€177,819 | +25.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €49,356 | -€34,769 | -€84,125 | |
| Other operating charges | 640/8 | €27,649 | €40,803 | +€13,154 | +47.6% |
| Non-recurring operating charges | 66A | - | €36,908 | +€36,908 | |
| Operating profit (loss) | 9901 | €1,976,495 | €2,265,647 | +€289,152 | +14.6% |
| Financial income | 75/76B | €224,070 | €129,342 | -€94,729 | -42.3% |
| Recurring financial income | 75 | €224,070 | €129,342 | -€94,729 | -42.3% |
| Income from current assets | 751 | €57,559 | €75,452 | +€17,893 | +31.1% |
| Other financial income | 752/9 | €166,512 | €53,890 | -€112,622 | -67.6% |
| Financial charges | 65/66B | €403,194 | €818,018 | +€414,824 | +102.9% |
| Recurring financial charges | 65 | €403,194 | €818,018 | +€414,824 | +102.9% |
| Debt charges | 650 | €224,836 | €383,891 | +€159,055 | +70.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €231,551 | +€231,551 | |
| Other financial charges | 652/9 | €178,358 | €202,577 | +€24,218 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €1,797,372 | €1,576,971 | -€220,401 | -12.3% |
| Income taxes | 67/77 | €102,938 | €82,574 | -€20,364 | -19.8% |
| Taxes | 670/3 | €103,466 | €82,574 | -€20,892 | -20.2% |
| Tax adjustments and reversals of tax provisions | 77 | €528 | €0 | -€528 | -100.0% |
| Profit (loss) for the period | 9904 | €1,694,434 | €1,494,397 | -€200,037 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,694,434 | €1,494,397 | -€200,037 | -11.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.