CERTIFIN VI: 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.
CERTIFIN VI
Largest movements
- Cash +€11,879
up €11,879 (+57.1%), from €20,788 to €32,667
mainly Net result for the year (+€22,314) and Receivables within one year (+€10,050)
- Receivables within one year -€10,050
down €10,050 (-22.9%), from €43,825 to €33,775
of which Other amounts receivable: -€6,745
- Deferred charges and accrued income +€1,865
new in 2025: €1,865
- Tangible fixed assets +€796
new in 2025: €796
- Reserves +€22,314
up €22,314 (+114%), from €19,499 to €41,813
- Tax, wage and social debts -€6,687
down €6,687 (-26.6%), from €25,094 to €18,407
of which Taxes: -€5,492
- Other debts -€6,000
down €6,000 (-100%), from €6,000 to €0
- Debts after one year -€2,597
down €2,597 (-100%), from €2,597 to €0
- Current portion of long-term debt -€2,401
down €2,401 (-48.0%), from €4,998 to €2,597
- Gross operating margin -€21,876
down €21,876 (-29.3%), from €74,617 to €52,741
- Staff costs -€16,251
down €16,251 (-40.2%), from €40,389 to €24,138
- Financial income +€1,467
new in 2025: €1,467
- Taxes -€1,188
down €1,188 (-16.3%), from €7,267 to €6,079
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 | €64,613 | €69,102 | +€4,489 | +6.9% |
| Fixed assets | 21/28 | - | €796 | +€796 | |
| Tangible fixed assets | 22/27 | - | €796 | +€796 | |
| Plant, machinery and equipment | 23 | - | €796 | +€796 | |
| Current assets | 29/58 | €64,613 | €68,306 | +€3,693 | +5.7% |
| Amounts receivable within one year | 40/41 | €43,825 | €33,775 | -€10,050 | -22.9% |
| Trade receivables | 40 | €12,985 | €9,680 | -€3,305 | -25.5% |
| Other amounts receivable | 41 | €30,840 | €24,095 | -€6,745 | -21.9% |
| Cash at bank and in hand | 54/58 | €20,788 | €32,667 | +€11,879 | +57.1% |
| Deferred charges and accrued income | 490/1 | - | €1,865 | +€1,865 | |
| Total equity and liabilities | 10/49 | €64,613 | €69,102 | +€4,489 | +6.9% |
| Equity | 10/15 | €24,499 | €46,813 | +€22,314 | +91.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,499 | €41,813 | +€22,314 | +114% |
| Distributable reserves | 133 | €19,499 | €41,813 | +€22,314 | +114% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,114 | €22,288 | -€17,825 | -44.4% |
| Amounts payable after more than one year | 17 | €2,597 | €0 | -€2,597 | -100% |
| Financial debts | 170/4 | €2,597 | €0 | -€2,597 | -100% |
| Amounts payable within one year | 42/48 | €37,516 | €22,288 | -€15,228 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €4,998 | €2,597 | -€2,401 | -48.0% |
| Trade debts | 44 | €1,424 | €1,284 | -€141 | -9.9% |
| Suppliers | 440/4 | €1,424 | €1,284 | -€141 | -9.9% |
| Taxes, remuneration and social security | 45 | €25,094 | €18,407 | -€6,687 | -26.6% |
| Taxes | 450/3 | €16,905 | €11,414 | -€5,492 | -32.5% |
| Remuneration and social security | 454/9 | €8,188 | €6,993 | -€1,195 | -14.6% |
| Other amounts payable | 47/48 | €6,000 | €0 | -€6,000 | -100% |
| Remuneration, social security and pensions | 62 | €40,389 | €24,138 | -€16,251 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €291 | +€291 | |
| Other operating charges | 640/8 | €882 | €818 | -€64 | -7.2% |
| Gross operating margin | 9900 | €74,617 | €52,741 | -€21,876 | -29.3% |
| Operating profit (loss) | 9901 | €33,347 | €27,494 | -€5,853 | -17.6% |
| Financial income | 75/76B | - | €1,467 | +€1,467 | |
| Recurring financial income | 75 | - | €1,467 | +€1,467 | |
| Financial charges | 65/66B | €581 | €568 | -€14 | -2.3% |
| Recurring financial charges | 65 | €581 | €568 | -€14 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €32,766 | €28,393 | -€4,372 | -13.3% |
| Income taxes | 67/77 | €7,267 | €6,079 | -€1,188 | -16.3% |
| Profit (loss) for the period | 9904 | €25,499 | €22,314 | -€3,185 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,499 | €22,314 | -€3,185 | -12.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.