CERTIPOST: 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.
CERTIPOST
Largest movements
- Receivables within one year -€635,355
down €635,355 (-10.3%), from €6.2m to €5.5m
of which Other amounts receivable: -€608,953
- Cash +€139,956
up €139,956 (+39.5%), from €354,500 to €494,456
mainly Receivables within one year (+€635,355) and Deferred charges and accrued income (+€137,277)
- Deferred charges and accrued income -€137,277
down €137,277 (-100.0%), from €137,331 to €54
- Accrued charges and deferred income -€682,809
down €682,809 (-17.1%), from €4.0m to €3.3m
- Turnover -€372,304
down €372,304 (-35.2%), from €1.1m to €684,180
- Services and other goods -€308,866
down €308,866 (-30.2%), from €1.0m to €714,146
- Financial income -€68,989
down €68,989 (-43.4%), from €158,815 to €89,826
- Taxes -€33,754
down €33,754 (-73.0%), from €46,229 to €12,475
of which Taxes: -€32,947
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 | €6,655,336 | €6,022,660 | -€632,676 | -9.5% |
| Current assets | 29/58 | €6,655,336 | €6,022,660 | -€632,676 | -9.5% |
| Amounts receivable within one year | 40/41 | €6,163,505 | €5,528,150 | -€635,355 | -10.3% |
| Trade receivables | 40 | €61,554 | €35,151 | -€26,403 | -42.9% |
| Other amounts receivable | 41 | €6,101,951 | €5,492,998 | -€608,953 | -10.0% |
| Cash at bank and in hand | 54/58 | €354,500 | €494,456 | +€139,956 | +39.5% |
| Deferred charges and accrued income | 490/1 | €137,331 | €54 | -€137,277 | -100.0% |
| Total equity and liabilities | 10/49 | €6,655,336 | €6,022,660 | -€632,676 | -9.5% |
| Equity | 10/15 | €2,612,442 | €2,655,920 | +€43,478 | +1.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €894,956 | €894,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €894,956 | €894,956 | = | 0.0% |
| Legal reserve | 130 | €894,956 | €894,956 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,655,986 | €1,699,465 | +€43,478 | +2.6% |
| Amounts payable | 17/49 | €4,042,895 | €3,366,740 | -€676,155 | -16.7% |
| Amounts payable within one year | 42/48 | €52,805 | €59,459 | +€6,655 | +12.6% |
| Trade debts | 44 | €41,286 | €59,459 | +€18,173 | +44.0% |
| Suppliers | 440/4 | €41,286 | €59,459 | +€18,173 | +44.0% |
| Taxes, remuneration and social security | 45 | €11,519 | - | -€11,519 | |
| Taxes | 450/3 | €11,519 | - | -€11,519 | |
| Accrued charges and deferred income | 492/3 | €3,990,090 | €3,307,281 | -€682,809 | -17.1% |
| Operating income | 70/76A | €1,056,485 | €684,180 | -€372,304 | -35.2% |
| Turnover | 70 | €1,056,485 | €684,180 | -€372,304 | -35.2% |
| Operating charges | 60/66A | €1,025,034 | €716,133 | -€308,901 | -30.1% |
| Services and other goods | 61 | €1,023,012 | €714,146 | -€308,866 | -30.2% |
| Other operating charges | 640/8 | €2,022 | €1,987 | -€35 | -1.7% |
| Operating profit (loss) | 9901 | €31,451 | -€31,953 | -€63,404 | |
| Financial income | 75/76B | €158,815 | €89,826 | -€68,989 | -43.4% |
| Recurring financial income | 75 | €158,815 | €89,826 | -€68,989 | -43.4% |
| Income from current assets | 751 | €158,815 | €89,826 | -€68,989 | -43.4% |
| Financial charges | 65/66B | €1,895 | €1,920 | +€25 | +1.3% |
| Recurring financial charges | 65 | €1,895 | €1,920 | +€25 | +1.3% |
| Debt charges | 650 | €1 | - | -€1 | |
| Other financial charges | 652/9 | €1,894 | €1,920 | +€26 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €188,371 | €55,953 | -€132,418 | -70.3% |
| Income taxes | 67/77 | €46,229 | €12,475 | -€33,754 | -73.0% |
| Taxes | 670/3 | €46,229 | €13,282 | -€32,947 | -71.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €808 | +€808 | |
| Profit (loss) for the period | 9904 | €142,142 | €43,478 | -€98,664 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €142,142 | €43,478 | -€98,664 | -69.4% |
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 19 October 2026 via checked.be.