CEROX: 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.
CEROX
Largest movements
- Receivables within one year -€21,199
down €21,199 (-92.9%), from €22,814 to €1,615
- Cash +€10,220
up €10,220 (+422.2%), from €2,421 to €12,641
mainly Receivables within one year (+€21,199) and Depreciation (+€5,339)
- Tangible fixed assets -€825
down €825 (-1.7%), from €47,340 to €46,515
of which Land and buildings: -€1,641
- Other debts -€14,136
down €14,136 (-77.4%), from €18,254 to €4,118
- Profit (loss) carried forward +€1,872
up €1,872 (+6.0%), from €31,151 to €33,023
- Gross operating margin +€2,335
up €2,335 (+38.2%), from €6,116 to €8,450
- Taxes +€434
up €434 (+236.3%), from €184 to €618
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 | €73,296 | €61,533 | -€11,763 | -16.0% |
| Fixed assets | 21/28 | €47,340 | €46,515 | -€825 | -1.7% |
| Tangible fixed assets | 22/27 | €47,340 | €46,515 | -€825 | -1.7% |
| Land and buildings | 22 | €27,038 | €25,397 | -€1,641 | -6.1% |
| Plant, machinery and equipment | 23 | €20,302 | €21,118 | +€817 | +4.0% |
| Current assets | 29/58 | €25,956 | €15,018 | -€10,939 | -42.1% |
| Amounts receivable within one year | 40/41 | €22,814 | €1,615 | -€21,199 | -92.9% |
| Other amounts receivable | 41 | €22,814 | €1,615 | -€21,199 | -92.9% |
| Cash at bank and in hand | 54/58 | €2,421 | €12,641 | +€10,220 | +422.2% |
| Deferred charges and accrued income | 490/1 | €722 | €762 | +€40 | +5.6% |
| Total equity and liabilities | 10/49 | €73,296 | €61,533 | -€11,763 | -16.0% |
| Equity | 10/15 | €39,211 | €41,083 | +€1,872 | +4.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,151 | €33,023 | +€1,872 | +6.0% |
| Amounts payable | 17/49 | €34,085 | €20,449 | -€13,636 | -40.0% |
| Amounts payable after more than one year | 17 | €15,800 | €15,800 | = | 0.0% |
| Financial debts | 170/4 | €15,800 | €15,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,285 | €4,649 | -€13,636 | -74.6% |
| Taxes, remuneration and social security | 45 | €31 | €532 | +€501 | +1616.4% |
| Taxes | 450/3 | €31 | €532 | +€501 | +1616.4% |
| Other amounts payable | 47/48 | €18,254 | €4,118 | -€14,136 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,297 | €5,339 | +€42 | +0.8% |
| Other operating charges | 640/8 | €1,235 | €1,222 | -€13 | -1.0% |
| Gross operating margin | 9900 | €6,116 | €8,450 | +€2,335 | +38.2% |
| Operating profit (loss) | 9901 | -€417 | €1,889 | +€2,306 | |
| Financial income | 75/76B | €691 | €662 | -€29 | -4.3% |
| Recurring financial income | 75 | €691 | €662 | -€29 | -4.3% |
| Financial charges | 65/66B | €56 | €61 | +€5 | +8.5% |
| Recurring financial charges | 65 | €56 | €61 | +€5 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €218 | €2,490 | +€2,271 | +1039.9% |
| Income taxes | 67/77 | €184 | €618 | +€434 | +236.3% |
| Profit (loss) for the period | 9904 | €35 | €1,872 | +€1,837 | +5286.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35 | €1,872 | +€1,837 | +5286.1% |
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 29 September 2026 via checked.be.