CERTIS GROEP: 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.
CERTIS GROEP
Largest movements
- Cash -€14,565
down €14,565 (-2.5%), from €574,319 to €559,754
mainly Contributions, distributions and other (-€250,000) and Other debts (-€30,000)
- Other debts -€30,000
down €30,000 (-10.7%), from €281,426 to €251,426
- Reserves +€20,631
up €20,631 (+4.9%), from €423,435 to €444,066
of which Distributable reserves: +€20,631
- Staff costs +€20,671
up €20,671 (+18.5%), from €111,921 to €132,592
- Gross operating margin -€14,760
down €14,760 (-3.4%), from €436,382 to €421,622
- Write-downs -€5,000
no longer reported in 2025 (was €5,000)
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 | €753,618 | €736,558 | -€17,061 | -2.3% |
| Fixed assets | 21/28 | €53,924 | €48,934 | -€4,989 | -9.3% |
| Intangible fixed assets | 21 | €8,726 | €9,445 | +€719 | +8.2% |
| Tangible fixed assets | 22/27 | €45,198 | €39,490 | -€5,708 | -12.6% |
| Land and buildings | 22 | €30,675 | €30,283 | -€392 | -1.3% |
| Plant, machinery and equipment | 23 | €3,064 | €1,915 | -€1,149 | -37.5% |
| Furniture and vehicles | 24 | €11,458 | €7,292 | -€4,167 | -36.4% |
| Current assets | 29/58 | €699,695 | €687,623 | -€12,071 | -1.7% |
| Amounts receivable within one year | 40/41 | €47,176 | €49,494 | +€2,319 | +4.9% |
| Trade receivables | 40 | €47,176 | €49,205 | +€2,029 | +4.3% |
| Other amounts receivable | 41 | - | €289 | +€289 | |
| Current investments | 50/53 | €75,000 | €75,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €574,319 | €559,754 | -€14,565 | -2.5% |
| Deferred charges and accrued income | 490/1 | €3,200 | €3,375 | +€175 | +5.5% |
| Total equity and liabilities | 10/49 | €753,618 | €736,558 | -€17,061 | -2.3% |
| Equity | 10/15 | €442,027 | €462,658 | +€20,631 | +4.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €423,435 | €444,066 | +€20,631 | +4.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,933 | €38,933 | = | 0.0% |
| Distributable reserves | 133 | €382,642 | €403,273 | +€20,631 | +5.4% |
| Amounts payable | 17/49 | €311,592 | €273,900 | -€37,692 | -12.1% |
| Amounts payable within one year | 42/48 | €311,592 | €273,900 | -€37,692 | -12.1% |
| Trade debts | 44 | €16,010 | €11,804 | -€4,206 | -26.3% |
| Suppliers | 440/4 | €16,010 | €11,804 | -€4,206 | -26.3% |
| Taxes, remuneration and social security | 45 | €14,156 | €10,670 | -€3,486 | -24.6% |
| Taxes | 450/3 | €1,403 | €665 | -€739 | -52.6% |
| Remuneration and social security | 454/9 | €12,753 | €10,006 | -€2,747 | -21.5% |
| Other amounts payable | 47/48 | €281,426 | €251,426 | -€30,000 | -10.7% |
| Remuneration, social security and pensions | 62 | €111,921 | €132,592 | +€20,671 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,242 | €7,347 | +€1,104 | +17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,000 | - | -€5,000 | |
| Other operating charges | 640/8 | €3,806 | €3,901 | +€95 | +2.5% |
| Gross operating margin | 9900 | €436,382 | €421,622 | -€14,760 | -3.4% |
| Operating profit (loss) | 9901 | €309,412 | €277,782 | -€31,630 | -10.2% |
| Financial income | 75/76B | €342 | €3,806 | +€3,464 | +1,012% |
| Recurring financial income | 75 | €342 | €3,806 | +€3,464 | +1,012% |
| Financial charges | 65/66B | €174 | €146 | -€28 | -16.2% |
| Recurring financial charges | 65 | €174 | €146 | -€28 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €309,580 | €281,442 | -€28,139 | -9.1% |
| Income taxes | 67/77 | €10,767 | €10,811 | +€43 | +0.4% |
| Profit (loss) for the period | 9904 | €298,813 | €270,631 | -€28,182 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €298,813 | €270,631 | -€28,182 | -9.4% |
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 30 October 2026 via checked.be.