CERRO TORRE: what changed
CERRO TORRE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€16,547
up €16,547 (+25.7%), from -€64,441 to -€47,894
- Other debts -€16,249
down €16,249 (-23.5%), from €69,033 to €52,784
- Trade debts -€387
no longer reported in 2025 (was €387)
- Gross operating margin -€3,780
down €3,780 (-17.5%), from €21,650 to €17,870
- Other operating charges +€603
up €603 (+134%), from €451 to €1,054
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,564 | €12,580 | +€15 | +0.1% |
| Current assets | 29/58 | €12,564 | €12,580 | +€15 | +0.1% |
| Amounts receivable within one year | 40/41 | €12,562 | €12,562 | = | 0.0% |
| Trade receivables | 40 | €12,562 | €12,562 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2 | €18 | +€15 | +697% |
| Total equity and liabilities | 10/49 | €12,564 | €12,580 | +€15 | +0.1% |
| Equity | 10/15 | -€56,856 | -€40,308 | +€16,547 | +29.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,388 | €1,388 | = | 0.0% |
| Distributable reserves | 133 | €1,388 | €1,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,441 | -€47,894 | +€16,547 | +25.7% |
| Amounts payable | 17/49 | €69,420 | €52,888 | -€16,532 | -23.8% |
| Amounts payable within one year | 42/48 | €69,420 | €52,888 | -€16,532 | -23.8% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | - | €104 | +€104 | |
| Taxes | 450/3 | - | €104 | +€104 | |
| Other amounts payable | 47/48 | €69,033 | €52,784 | -€16,249 | -23.5% |
| Other operating charges | 640/8 | €451 | €1,054 | +€603 | +134% |
| Gross operating margin | 9900 | €21,650 | €17,870 | -€3,780 | -17.5% |
| Operating profit (loss) | 9901 | €21,199 | €16,816 | -€4,383 | -20.7% |
| Financial charges | 65/66B | €95 | €164 | +€70 | +73.5% |
| Recurring financial charges | 65 | €95 | €164 | +€70 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | €21,104 | €16,652 | -€4,453 | -21.1% |
| Income taxes | 67/77 | - | €104 | +€104 | |
| Profit (loss) for the period | 9904 | €21,104 | €16,547 | -€4,557 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,104 | €16,547 | -€4,557 | -21.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.