CERRAN GROUP: 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.
CERRAN GROUP
Largest movements
- Receivables within one year -€49,895
down €49,895 (-23.9%), from €208,938 to €159,043
of which Trade receivables: -€33,651
- Cash +€27,801
up €27,801 (+290%), from €9,598 to €37,399
mainly Receivables within one year (+€49,895) and Other debts (+€6,901)
- Tangible fixed assets -€4,173
down €4,173 (-38.9%), from €10,718 to €6,544
- Trade debts -€25,764
down €25,764 (-63.0%), from €40,918 to €15,154
- Tax, wage and social debts -€10,818
down €10,818 (-60.8%), from €17,790 to €6,972
of which Remuneration and social security: -€12,718
- Other debts +€6,901
new in 2025: €6,901
- Profit (loss) carried forward +€3,413
up €3,413 (+2.2%), from €152,146 to €155,559
- Gross operating margin +€25,992
up €25,992, from -€13,505 to €12,487
- Financial income -€18,709
down €18,709 (-100.0%), from €18,709 to €0
of which Non-recurring financial income: -€18,040
- Depreciation +€2,655
up €2,655 (+175%), from €1,518 to €4,173
- Other operating charges -€1,034
down €1,034 (-41.7%), from €2,480 to €1,446
- Taxes +€814
up €814 (+74.9%), from €1,086 to €1,900
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 | €231,314 | €205,046 | -€26,268 | -11.4% |
| Fixed assets | 21/28 | €12,778 | €8,604 | -€4,173 | -32.7% |
| Tangible fixed assets | 22/27 | €10,718 | €6,544 | -€4,173 | -38.9% |
| Furniture and vehicles | 24 | €10,718 | €6,544 | -€4,173 | -38.9% |
| Financial fixed assets | 28 | €2,060 | €2,060 | = | 0.0% |
| Current assets | 29/58 | €218,537 | €196,442 | -€22,095 | -10.1% |
| Amounts receivable within one year | 40/41 | €208,938 | €159,043 | -€49,895 | -23.9% |
| Trade receivables | 40 | €183,051 | €149,400 | -€33,651 | -18.4% |
| Other amounts receivable | 41 | €25,887 | €9,643 | -€16,245 | -62.8% |
| Cash at bank and in hand | 54/58 | €9,598 | €37,399 | +€27,801 | +290% |
| Total equity and liabilities | 10/49 | €231,314 | €205,046 | -€26,268 | -11.4% |
| Equity | 10/15 | €172,606 | €176,019 | +€3,413 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,146 | €155,559 | +€3,413 | +2.2% |
| Amounts payable | 17/49 | €58,708 | €29,027 | -€29,681 | -50.6% |
| Amounts payable within one year | 42/48 | €58,708 | €29,027 | -€29,681 | -50.6% |
| Trade debts | 44 | €40,918 | €15,154 | -€25,764 | -63.0% |
| Suppliers | 440/4 | €40,918 | €15,154 | -€25,764 | -63.0% |
| Taxes, remuneration and social security | 45 | €17,790 | €6,972 | -€10,818 | -60.8% |
| Taxes | 450/3 | €1,090 | €2,990 | +€1,900 | +174% |
| Remuneration and social security | 454/9 | €16,700 | €3,982 | -€12,718 | -76.2% |
| Other amounts payable | 47/48 | - | €6,901 | +€6,901 | |
| Remuneration, social security and pensions | 62 | -€551 | - | +€551 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,518 | €4,173 | +€2,655 | +175% |
| Other operating charges | 640/8 | €2,480 | €1,446 | -€1,034 | -41.7% |
| Gross operating margin | 9900 | -€13,505 | €12,487 | +€25,992 | |
| Operating profit (loss) | 9901 | -€16,952 | €6,868 | +€23,820 | |
| Financial income | 75/76B | €18,709 | €0 | -€18,709 | -100.0% |
| Recurring financial income | 75 | €669 | €0 | -€669 | -100.0% |
| Non-recurring financial income | 76B | €18,040 | - | -€18,040 | |
| Financial charges | 65/66B | €1,619 | €1,556 | -€63 | -3.9% |
| Recurring financial charges | 65 | €1,619 | €1,556 | -€63 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €139 | €5,313 | +€5,174 | +3,734% |
| Income taxes | 67/77 | €1,086 | €1,900 | +€814 | +74.9% |
| Profit (loss) for the period | 9904 | -€948 | €3,413 | +€4,360 | |
| Profit (loss) for the period to be appropriated | 9905 | -€948 | €3,413 | +€4,360 |
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 20 October 2026 via checked.be.