certia: what changed
Two fiscal 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.
certia
Largest movements
- Receivables within one year +€18,491
up €18,491 (+9.2%), from €200,611 to €219,103
- Trade debts +€122,767
up €122,767 (+98.6%), from €124,516 to €247,283
- Debts after one year -€98,390
down €98,390 (-20.6%), from €477,900 to €379,510
- Tax, wage and social debts +€14,977
up €14,977 (+15.8%), from €95,010 to €109,988
of which Remuneration and social security: +€14,971
- Accrued charges and deferred income -€14,479
down €14,479 (-97.6%), from €14,829 to €351
- Staff costs +€89,844
up €89,844 (+17.2%), from €522,364 to €612,208
- Gross operating margin +€87,657
up €87,657 (+16.7%), from €526,223 to €613,880
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 | €712,256 | €737,131 | +€24,875 | +3.5% |
| Fixed assets | 21/28 | €9,580 | €8,773 | -€807 | -8.4% |
| Tangible fixed assets | 22/27 | €9,455 | €8,648 | -€807 | -8.5% |
| Plant, machinery and equipment | 23 | €9,186 | €6,917 | -€2,269 | -24.7% |
| Furniture and vehicles | 24 | €269 | €1,731 | +€1,462 | +543.7% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €702,675 | €728,358 | +€25,682 | +3.7% |
| Amounts receivable within one year | 40/41 | €200,611 | €219,103 | +€18,491 | +9.2% |
| Trade receivables | 40 | €200,611 | €219,103 | +€18,491 | +9.2% |
| Cash at bank and in hand | 54/58 | €500,611 | €506,846 | +€6,236 | +1.2% |
| Deferred charges and accrued income | 490/1 | €1,454 | €2,409 | +€955 | +65.7% |
| Total equity and liabilities | 10/49 | €712,256 | €737,131 | +€24,875 | +3.5% |
| Amounts payable | 17/49 | €712,256 | €737,131 | +€24,875 | +3.5% |
| Amounts payable after more than one year | 17 | €477,900 | €379,510 | -€98,390 | -20.6% |
| Other amounts payable | 178/9 | €477,900 | €379,510 | -€98,390 | -20.6% |
| Amounts payable within one year | 42/48 | €219,526 | €357,270 | +€137,744 | +62.7% |
| Trade debts | 44 | €124,516 | €247,283 | +€122,767 | +98.6% |
| Suppliers | 440/4 | €124,516 | €247,283 | +€122,767 | +98.6% |
| Taxes, remuneration and social security | 45 | €95,010 | €109,988 | +€14,977 | +15.8% |
| Taxes | 450/3 | €1,090 | €1,096 | +€7 | +0.6% |
| Remuneration and social security | 454/9 | €93,921 | €108,892 | +€14,971 | +15.9% |
| Accrued charges and deferred income | 492/3 | €14,829 | €351 | -€14,479 | -97.6% |
| Remuneration, social security and pensions | 62 | €522,364 | €612,208 | +€89,844 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,617 | €2,385 | -€232 | -8.8% |
| Other operating charges | 640/8 | €1,129 | €1,248 | +€119 | +10.5% |
| Gross operating margin | 9900 | €526,223 | €613,880 | +€87,657 | +16.7% |
| Operating profit (loss) | 9901 | €113 | -€1,961 | -€2,074 | |
| Financial income | 75/76B | €1,504 | €3,754 | +€2,251 | +149.7% |
| Recurring financial income | 75 | €1,504 | €3,754 | +€2,251 | +149.7% |
| Financial charges | 65/66B | €1,617 | €1,793 | +€176 | +10.9% |
| Recurring financial charges | 65 | €1,617 | €1,793 | +€176 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.