CERTI DG: 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.
CERTI DG
Largest movements
- Cash -€828
down €828 (-79.0%), from €1,048 to €220
mainly Net result for the year (-€1,500) and Tax, wage and social debts (-€1,026)
- Profit (loss) carried forward -€1,500
down €1,500 (-10.4%), from -€14,420 to -€15,920
- Trade debts +€1,257
up €1,257 (+757.2%), from €166 to €1,423
- Tax, wage and social debts -€1,026
down €1,026 (-68.0%), from €1,508 to €482
- Other debts +€429
up €429 (+5.4%), from €7,984 to €8,413
- Gross operating margin -€12,026
down €12,026, from €10,627 to -€1,399
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Taxes -€335
no longer reported in 2025 (was €335)
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 | €1,598 | €758 | -€840 | -52.6% |
| Current assets | 29/58 | €1,598 | €758 | -€840 | -52.6% |
| Amounts receivable within one year | 40/41 | €550 | €538 | -€12 | -2.2% |
| Trade receivables | 40 | €550 | €350 | -€200 | -36.4% |
| Other amounts receivable | 41 | - | €188 | +€188 | |
| Cash at bank and in hand | 54/58 | €1,048 | €220 | -€828 | -79.0% |
| Total equity and liabilities | 10/49 | €1,598 | €758 | -€840 | -52.6% |
| Equity | 10/15 | -€8,060 | -€9,560 | -€1,500 | -18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160 | €160 | = | 0.0% |
| Distributable reserves | 133 | €160 | €160 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,420 | -€15,920 | -€1,500 | -10.4% |
| Amounts payable | 17/49 | €9,658 | €10,318 | +€660 | +6.8% |
| Amounts payable within one year | 42/48 | €9,658 | €10,318 | +€660 | +6.8% |
| Trade debts | 44 | €166 | €1,423 | +€1,257 | +757.2% |
| Suppliers | 440/4 | €166 | €1,423 | +€1,257 | +757.2% |
| Taxes, remuneration and social security | 45 | €1,508 | €482 | -€1,026 | -68.0% |
| Taxes | 450/3 | €1,508 | €482 | -€1,026 | -68.0% |
| Other amounts payable | 47/48 | €7,984 | €8,413 | +€429 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43 | - | -€43 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €10,627 | -€1,399 | -€12,026 | |
| Operating profit (loss) | 9901 | €10,197 | -€1,399 | -€11,596 | |
| Financial charges | 65/66B | €95 | €101 | +€6 | +6.3% |
| Recurring financial charges | 65 | €95 | €101 | +€6 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €10,102 | -€1,500 | -€11,602 | |
| Income taxes | 67/77 | €335 | - | -€335 | |
| Profit (loss) for the period | 9904 | €9,767 | -€1,500 | -€11,267 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,767 | -€1,500 | -€11,267 |
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.