Certagrid: 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.
Certagrid
Largest movements
- Cash +€3,032
up €3,032 (+5.5%), from €55,217 to €58,249
mainly Net result for the year (+€25,682) and Other debts (+€22,597)
- Receivables within one year -€2,032
down €2,032 (-12.7%), from €16,000 to €13,968
of which Other amounts receivable: -€2,704
- Other debts +€22,597
up €22,597 (+2083.3%), from €1,085 to €23,682
- Profit (loss) carried forward -€21,377
down €21,377 (-36.4%), from €58,664 to €37,287
- Gross operating margin +€5,595
up €5,595 (+18.3%), from €30,526 to €36,121
- Taxes +€1,050
up €1,050 (+18.1%), from €5,796 to €6,845
- Financial charges -€425
down €425 (-22.9%), from €1,856 to €1,431
- Other operating charges +€407
up €407 (+102.5%), from €398 to €805
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 | €74,689 | €75,442 | +€752 | +1.0% |
| Fixed assets | 21/28 | €2,529 | €2,225 | -€304 | -12.0% |
| Tangible fixed assets | 22/27 | €2,129 | €1,825 | -€304 | -14.3% |
| Plant, machinery and equipment | 23 | €466 | €371 | -€96 | -20.5% |
| Furniture and vehicles | 24 | €1,662 | €1,454 | -€208 | -12.5% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €72,161 | €73,217 | +€1,056 | +1.5% |
| Amounts receivable within one year | 40/41 | €16,000 | €13,968 | -€2,032 | -12.7% |
| Trade receivables | 40 | €13,296 | €13,968 | +€672 | +5.1% |
| Other amounts receivable | 41 | €2,704 | - | -€2,704 | |
| Cash at bank and in hand | 54/58 | €55,217 | €58,249 | +€3,032 | +5.5% |
| Deferred charges and accrued income | 490/1 | €943 | €1,000 | +€57 | +6.0% |
| Total equity and liabilities | 10/49 | €74,689 | €75,442 | +€752 | +1.0% |
| Equity | 10/15 | €64,664 | €43,287 | -€21,377 | -33.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,664 | €37,287 | -€21,377 | -36.4% |
| Amounts payable | 17/49 | €10,025 | €32,154 | +€22,129 | +220.7% |
| Amounts payable within one year | 42/48 | €9,620 | €31,769 | +€22,149 | +230.2% |
| Trade debts | 44 | €2,581 | €2,046 | -€535 | -20.7% |
| Suppliers | 440/4 | €2,581 | €2,046 | -€535 | -20.7% |
| Taxes, remuneration and social security | 45 | €5,954 | €6,041 | +€87 | +1.5% |
| Taxes | 450/3 | €3,054 | €3,141 | +€87 | +2.8% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Other amounts payable | 47/48 | €1,085 | €23,682 | +€22,597 | +2083.3% |
| Accrued charges and deferred income | 492/3 | €405 | €385 | -€20 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,319 | €1,328 | +€9 | +0.7% |
| Other operating charges | 640/8 | €398 | €805 | +€407 | +102.5% |
| Non-recurring operating charges | 66A | - | €245 | +€245 | |
| Gross operating margin | 9900 | €30,526 | €36,121 | +€5,595 | +18.3% |
| Operating profit (loss) | 9901 | €28,809 | €33,744 | +€4,934 | +17.1% |
| Financial income | 75/76B | €76 | €215 | +€139 | +182.4% |
| Recurring financial income | 75 | €76 | €215 | +€139 | +182.4% |
| Financial charges | 65/66B | €1,856 | €1,431 | -€425 | -22.9% |
| Recurring financial charges | 65 | €1,856 | €1,431 | -€425 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €27,029 | €32,527 | +€5,498 | +20.3% |
| Income taxes | 67/77 | €5,796 | €6,845 | +€1,050 | +18.1% |
| Profit (loss) for the period | 9904 | €21,234 | €25,682 | +€4,448 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,234 | €25,682 | +€4,448 | +20.9% |
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 11 October 2026 via checked.be.