CERPA: 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.
CERPA
Largest movements
- Cash -€127,982
down €127,982 (-90.5%), from €141,463 to €13,482
mainly Other debts (-€124,659) and Net result for the year (-€4,843)
- Other debts -€124,659
down €124,659 (-72.8%), from €171,182 to €46,524
- Profit (loss) carried forward -€4,843
down €4,843 (-9.4%), from -€51,683 to -€56,526
- Gross operating margin -€6,525
down €6,525, from €2,761 to -€3,763
- Other operating charges +€694
up €694 (+100.2%), from €693 to €1,387
- Financial charges +€462
up €462 (+1231.8%), from €38 to €499
- Financial income +€424
up €424 (+110.8%), from €383 to €807
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.
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.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,428 | €139,848 | -€128,579 | -47.9% |
| Current assets | 29/58 | €268,428 | €139,848 | -€128,579 | -47.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €126,334 | €126,367 | +€33 | 0.0% |
| Trade receivables | 40 | €125,744 | €125,744 | = | 0.0% |
| Other amounts receivable | 41 | €590 | €623 | +€33 | +5.6% |
| Cash at bank and in hand | 54/58 | €141,463 | €13,482 | -€127,982 | -90.5% |
| Deferred charges and accrued income | 490/1 | €630 | €0 | -€630 | -100.0% |
| Total equity and liabilities | 10/49 | €268,428 | €139,848 | -€128,579 | -47.9% |
| Equity | 10/15 | -€37,743 | -€42,586 | -€4,843 | -12.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,540 | €1,540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,540 | €1,540 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,540 | €1,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,683 | -€56,526 | -€4,843 | -9.4% |
| Amounts payable | 17/49 | €306,171 | €182,435 | -€123,736 | -40.4% |
| Amounts payable within one year | 42/48 | €306,171 | €182,435 | -€123,736 | -40.4% |
| Trade debts | 44 | €134,812 | €135,300 | +€488 | +0.4% |
| Suppliers | 440/4 | €134,812 | €135,300 | +€488 | +0.4% |
| Taxes, remuneration and social security | 45 | €177 | €611 | +€434 | +245.3% |
| Taxes | 450/3 | €177 | €611 | +€434 | +245.3% |
| Other amounts payable | 47/48 | €171,182 | €46,524 | -€124,659 | -72.8% |
| Other operating charges | 640/8 | €693 | €1,387 | +€694 | +100.2% |
| Gross operating margin | 9900 | €2,761 | -€3,763 | -€6,525 | |
| Operating profit (loss) | 9901 | €2,069 | -€5,150 | -€7,219 | |
| Financial income | 75/76B | €383 | €807 | +€424 | +110.8% |
| Recurring financial income | 75 | €383 | €807 | +€424 | +110.8% |
| Financial charges | 65/66B | €38 | €499 | +€462 | +1231.8% |
| Recurring financial charges | 65 | €38 | €499 | +€462 | +1231.8% |
| Profit (loss) for the period before taxes | 9903 | €2,414 | -€4,843 | -€7,257 | |
| Profit (loss) for the period | 9904 | €2,414 | -€4,843 | -€7,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,414 | -€4,843 | -€7,257 |
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 11 October 2026 via checked.be.