CERTIPUNT: 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.
CERTIPUNT
Largest movements
- Receivables within one year +€296,334
up €296,334 (+78.5%), from €377,460 to €673,793
of which Other amounts receivable: +€275,816
- Current investments -€190,000
down €190,000 (-78.2%), from €242,893 to €52,893
- Cash +€100,451
up €100,451 (+195%), from €51,432 to €151,883
mainly Net result for the year (+€288,250) and Other debts (+€245,000)
- Deferred charges and accrued income -€14,093
down €14,093 (-100%), from €14,093 to €0
- Other debts +€245,000
up €245,000 (+245%), from €100,000 to €345,000
- Reserves -€56,750
down €56,750 (-10.1%), from €561,697 to €504,947
- Gross operating margin +€148,582
up €148,582 (+75.8%), from €196,100 to €344,683
- Taxes +€42,021
up €42,021 (+84.8%), from €49,581 to €91,603
- Financial income +€10,823
up €10,823 (+41.7%), from €25,974 to €36,797
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 | €686,391 | €878,569 | +€192,178 | +28.0% |
| Fixed assets | 21/28 | €514 | €0 | -€514 | -100% |
| Tangible fixed assets | 22/27 | €514 | €0 | -€514 | -100% |
| Furniture and vehicles | 24 | €514 | €0 | -€514 | -100% |
| Current assets | 29/58 | €685,877 | €878,569 | +€192,692 | +28.1% |
| Amounts receivable within one year | 40/41 | €377,460 | €673,793 | +€296,334 | +78.5% |
| Trade receivables | 40 | €11,905 | €32,423 | +€20,518 | +172% |
| Other amounts receivable | 41 | €365,555 | €641,371 | +€275,816 | +75.5% |
| Current investments | 50/53 | €242,893 | €52,893 | -€190,000 | -78.2% |
| Cash at bank and in hand | 54/58 | €51,432 | €151,883 | +€100,451 | +195% |
| Deferred charges and accrued income | 490/1 | €14,093 | €0 | -€14,093 | -100% |
| Total equity and liabilities | 10/49 | €686,391 | €878,569 | +€192,178 | +28.0% |
| Equity | 10/15 | €580,297 | €523,547 | -€56,750 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €561,697 | €504,947 | -€56,750 | -10.1% |
| Distributable reserves | 133 | €561,697 | €504,947 | -€56,750 | -10.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €106,094 | €355,022 | +€248,928 | +235% |
| Amounts payable within one year | 42/48 | €106,094 | €355,022 | +€248,928 | +235% |
| Trade debts | 44 | €161 | €443 | +€282 | +176% |
| Suppliers | 440/4 | €161 | €443 | +€282 | +176% |
| Taxes, remuneration and social security | 45 | €5,934 | €9,579 | +€3,646 | +61.4% |
| Taxes | 450/3 | €5,934 | €9,579 | +€3,646 | +61.4% |
| Other amounts payable | 47/48 | €100,000 | €345,000 | +€245,000 | +245% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €514 | -€129 | -20.1% |
| Other operating charges | 640/8 | €1,020 | €984 | -€36 | -3.6% |
| Gross operating margin | 9900 | €196,100 | €344,683 | +€148,582 | +75.8% |
| Operating profit (loss) | 9901 | €194,437 | €343,185 | +€148,748 | +76.5% |
| Financial income | 75/76B | €25,974 | €36,797 | +€10,823 | +41.7% |
| Recurring financial income | 75 | €25,974 | €36,797 | +€10,823 | +41.7% |
| Financial charges | 65/66B | €136 | €129 | -€7 | -5.2% |
| Recurring financial charges | 65 | €136 | €129 | -€7 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €220,275 | €379,853 | +€159,578 | +72.4% |
| Income taxes | 67/77 | €49,581 | €91,603 | +€42,021 | +84.8% |
| Profit (loss) for the period | 9904 | €170,693 | €288,250 | +€117,556 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €170,693 | €288,250 | +€117,556 | +68.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.