CERN INVEST: 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.
CERN INVEST
Largest movements
- Receivables after one year -€22,208
down €22,208 (-23.8%), from €93,330 to €71,122
- Cash +€15,589
up €15,589 (+129%), from €12,089 to €27,678
mainly Receivables after one year (+€22,208) and Net result for the year (+€10,068)
- Receivables within one year +€2,675
up €2,675 (+261%), from €1,023 to €3,699
of which Trade receivables: +€1,367
- Deferred charges and accrued income +€2,188
up €2,188 (+103%), from €2,122 to €4,310
- Reserves -€2,110
down €2,110 (-1.1%), from €190,921 to €188,810
- Gross operating margin +€4,647
up €4,647 (+35.3%), from €13,162 to €17,809
- Taxes +€2,931
up €2,931 (+166%), from €1,767 to €4,698
- Financial charges -€527
down €527 (-61.7%), from €854 to €327
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 | €210,956 | €209,200 | -€1,756 | -0.8% |
| Fixed assets | 21/28 | €102,391 | €102,391 | = | 0.0% |
| Tangible fixed assets | 22/27 | €102,391 | €102,391 | = | 0.0% |
| Land and buildings | 22 | €102,391 | €102,391 | = | 0.0% |
| Current assets | 29/58 | €108,565 | €106,808 | -€1,756 | -1.6% |
| Amounts receivable after more than one year | 29 | €93,330 | €71,122 | -€22,208 | -23.8% |
| Other amounts receivable | 291 | €93,330 | €71,122 | -€22,208 | -23.8% |
| Amounts receivable within one year | 40/41 | €1,023 | €3,699 | +€2,675 | +261% |
| Trade receivables | 40 | - | €1,367 | +€1,367 | |
| Other amounts receivable | 41 | €1,023 | €2,332 | +€1,309 | +128% |
| Cash at bank and in hand | 54/58 | €12,089 | €27,678 | +€15,589 | +129% |
| Deferred charges and accrued income | 490/1 | €2,122 | €4,310 | +€2,188 | +103% |
| Total equity and liabilities | 10/49 | €210,956 | €209,200 | -€1,756 | -0.8% |
| Equity | 10/15 | €209,513 | €207,402 | -€2,110 | -1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €190,921 | €188,810 | -€2,110 | -1.1% |
| Distributable reserves | 133 | €190,921 | €188,810 | -€2,110 | -1.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,443 | €1,797 | +€354 | +24.5% |
| Amounts payable within one year | 42/48 | €1,443 | €1,797 | +€354 | +24.5% |
| Trade debts | 44 | €653 | €0 | -€653 | -100% |
| Suppliers | 440/4 | €653 | €0 | -€653 | -100% |
| Taxes, remuneration and social security | 45 | €791 | €1,797 | +€1,007 | +127% |
| Taxes | 450/3 | €791 | €1,797 | +€1,007 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,635 | €2,716 | +€81 | +3.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €13,162 | €17,809 | +€4,647 | +35.3% |
| Operating profit (loss) | 9901 | €10,527 | €15,093 | +€4,566 | +43.4% |
| Financial charges | 65/66B | €854 | €327 | -€527 | -61.7% |
| Recurring financial charges | 65 | €854 | €327 | -€527 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €9,673 | €14,766 | +€5,093 | +52.7% |
| Income taxes | 67/77 | €1,767 | €4,698 | +€2,931 | +166% |
| Profit (loss) for the period | 9904 | €7,906 | €10,068 | +€2,162 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,906 | €10,068 | +€2,162 | +27.3% |
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.