CERTITANK: 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.
CERTITANK
Largest movements
- Receivables within one year +€126,987
up €126,987 (+85.3%), from €148,942 to €275,928
of which Trade receivables: +€96,590
- Tangible fixed assets -€25,919
down €25,919 (-32.0%), from €80,985 to €55,067
of which Furniture and vehicles: -€25,149
- Intangible fixed assets -€14,140
down €14,140 (-47.3%), from €29,901 to €15,761
- Other debts +€49,751
up €49,751 (+445%), from €11,182 to €60,933
- Tax, wage and social debts +€41,742
up €41,742 (+112%), from €37,260 to €79,002
of which Taxes: +€36,695
- Reserves -€29,387
down €29,387 (-11.1%), from €264,480 to €235,094
of which Distributable reserves: -€29,387
- Debts after one year +€19,781
up €19,781, from €0 to €19,781
- Trade debts +€12,998
up €12,998 (+11.5%), from €112,939 to €125,938
- Gross operating margin +€229,891
up €229,891 (+81.6%), from €281,896 to €511,787
- Staff costs +€68,126
up €68,126 (+33.3%), from €204,530 to €272,656
- Other operating charges +€43,027
up €43,027 (+862%), from €4,993 to €48,020
- Taxes +€35,187
up €35,187 (+256%), from €13,746 to €48,933
- Financial charges +€10,191
up €10,191 (+353%), from €2,891 to €13,081
of which Financial charges: +€9,981
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 | €471,647 | €556,587 | +€84,940 | +18.0% |
| Fixed assets | 21/28 | €112,126 | €72,067 | -€40,059 | -35.7% |
| Intangible fixed assets | 21 | €29,901 | €15,761 | -€14,140 | -47.3% |
| Tangible fixed assets | 22/27 | €80,985 | €55,067 | -€25,919 | -32.0% |
| Plant, machinery and equipment | 23 | €3,585 | €2,816 | -€770 | -21.5% |
| Furniture and vehicles | 24 | €77,400 | €52,251 | -€25,149 | -32.5% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €359,521 | €484,520 | +€124,999 | +34.8% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €148,942 | €275,928 | +€126,987 | +85.3% |
| Trade receivables | 40 | €144,338 | €240,928 | +€96,590 | +66.9% |
| Other amounts receivable | 41 | €4,603 | €35,000 | +€30,397 | +660% |
| Cash at bank and in hand | 54/58 | €185,453 | €180,673 | -€4,780 | -2.6% |
| Deferred charges and accrued income | 490/1 | €23,126 | €25,919 | +€2,793 | +12.1% |
| Total equity and liabilities | 10/49 | €471,647 | €556,587 | +€84,940 | +18.0% |
| Equity | 10/15 | €295,858 | €261,221 | -€34,637 | -11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €264,480 | €235,094 | -€29,387 | -11.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €35,250 | €35,250 | = | 0.0% |
| Distributable reserves | 133 | €229,230 | €199,844 | -€29,387 | -12.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Investment grants | 15 | €11,377 | €6,127 | -€5,250 | -46.1% |
| Amounts payable | 17/49 | €175,789 | €295,366 | +€119,577 | +68.0% |
| Amounts payable after more than one year | 17 | €0 | €19,781 | +€19,781 | |
| Financial debts | 170/4 | €0 | €19,781 | +€19,781 | |
| Amounts payable within one year | 42/48 | €175,606 | €274,796 | +€99,190 | +56.5% |
| Current portion of amounts payable after more than one year | 42 | €13,534 | €8,924 | -€4,610 | -34.1% |
| Trade debts | 44 | €112,939 | €125,938 | +€12,998 | +11.5% |
| Suppliers | 440/4 | €112,939 | €125,938 | +€12,998 | +11.5% |
| Advances received on contracts in progress | 46 | €690 | €0 | -€690 | -100% |
| Taxes, remuneration and social security | 45 | €37,260 | €79,002 | +€41,742 | +112% |
| Taxes | 450/3 | €14,868 | €51,563 | +€36,695 | +247% |
| Remuneration and social security | 454/9 | €22,392 | €27,438 | +€5,046 | +22.5% |
| Other amounts payable | 47/48 | €11,182 | €60,933 | +€49,751 | +445% |
| Accrued charges and deferred income | 492/3 | €183 | €789 | +€606 | +331% |
| Non-recurring operating income | 76A | €3,250 | €0 | -€3,250 | -100% |
| Remuneration, social security and pensions | 62 | €204,530 | €272,656 | +€68,126 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,681 | €44,006 | +€1,325 | +3.1% |
| Other operating charges | 640/8 | €4,993 | €48,020 | +€43,027 | +862% |
| Gross operating margin | 9900 | €281,896 | €511,787 | +€229,891 | +81.6% |
| Operating profit (loss) | 9901 | €29,692 | €147,105 | +€117,412 | +395% |
| Financial income | 75/76B | €7,612 | €10,684 | +€3,072 | +40.4% |
| Recurring financial income | 75 | €7,612 | €10,684 | +€3,072 | +40.4% |
| Financial charges | 65/66B | €2,891 | €13,081 | +€10,191 | +353% |
| Recurring financial charges | 65 | €3,100 | €13,081 | +€9,981 | +322% |
| Non-recurring financial charges | 66B | -€210 | €0 | +€210 | |
| Profit (loss) for the period before taxes | 9903 | €34,414 | €144,707 | +€110,293 | +320% |
| Income taxes | 67/77 | €13,746 | €48,933 | +€35,187 | +256% |
| Profit (loss) for the period | 9904 | €20,668 | €95,774 | +€75,107 | +363% |
| Profit (loss) for the period to be appropriated | 9905 | €20,668 | €95,774 | +€75,107 | +363% |
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 18 October 2026 via checked.be.