Certivin: what changed
Two fiscal 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.
Certivin
Largest movements
- Tangible fixed assets -€15,823
down €15,823 (-25.0%), from €63,291 to €47,468
- Cash +€10,872
up €10,872 (+427.8%), from €2,542 to €13,414
mainly Net result for the year (+€19,367) and Depreciation (+€15,823)
- Receivables after one year +€1,754
new in 2026: €1,754
- Profit (loss) carried forward +€19,367
up €19,367 (+868.1%), from €2,231 to €21,598
- Debts after one year -€18,155
down €18,155 (-48.9%), from €37,132 to €18,977
- Other debts -€13,249
down €13,249 (-49.1%), from €26,962 to €13,713
- Tax, wage and social debts +€8,583
up €8,583 (+181.9%), from €4,719 to €13,302
- Gross operating margin +€24,500
up €24,500 (+126.0%), from €19,446 to €43,946
- Taxes +€4,995
up €4,995 (+455.1%), from €1,097 to €6,092
- Financial charges -€826
down €826 (-25.6%), from €3,224 to €2,398
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,411 | €90,744 | -€2,666 | -2.9% |
| Fixed assets | 21/28 | €63,485 | €47,662 | -€15,823 | -24.9% |
| Tangible fixed assets | 22/27 | €63,291 | €47,468 | -€15,823 | -25.0% |
| Furniture and vehicles | 24 | €63,291 | €47,468 | -€15,823 | -25.0% |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €29,926 | €43,082 | +€13,156 | +44.0% |
| Amounts receivable after more than one year | 29 | - | €1,754 | +€1,754 | |
| Trade receivables | 290 | - | €1,754 | +€1,754 | |
| Amounts receivable within one year | 40/41 | €27,384 | €27,915 | +€531 | +1.9% |
| Trade receivables | 40 | €27,384 | €27,915 | +€531 | +1.9% |
| Cash at bank and in hand | 54/58 | €2,542 | €13,414 | +€10,872 | +427.8% |
| Total equity and liabilities | 10/49 | €93,411 | €90,744 | -€2,666 | -2.9% |
| Equity | 10/15 | €7,231 | €26,598 | +€19,367 | +267.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,231 | €21,598 | +€19,367 | +868.1% |
| Amounts payable | 17/49 | €86,180 | €64,146 | -€22,033 | -25.6% |
| Amounts payable after more than one year | 17 | €37,132 | €18,977 | -€18,155 | -48.9% |
| Financial debts | 170/4 | €37,132 | €18,977 | -€18,155 | -48.9% |
| Amounts payable within one year | 42/48 | €49,048 | €45,169 | -€3,879 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €17,367 | €18,155 | +€787 | +4.5% |
| Taxes, remuneration and social security | 45 | €4,719 | €13,302 | +€8,583 | +181.9% |
| Taxes | 450/3 | €4,719 | €13,302 | +€8,583 | +181.9% |
| Other amounts payable | 47/48 | €26,962 | €13,713 | -€13,249 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,823 | €15,823 | -€0 | 0.0% |
| Other operating charges | 640/8 | €140 | €267 | +€127 | +90.0% |
| Gross operating margin | 9900 | €19,446 | €43,946 | +€24,500 | +126.0% |
| Operating profit (loss) | 9901 | €3,483 | €27,857 | +€24,374 | +699.9% |
| Financial charges | 65/66B | €3,224 | €2,398 | -€826 | -25.6% |
| Recurring financial charges | 65 | €3,224 | €2,398 | -€826 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €259 | €25,459 | +€25,200 | +9731.6% |
| Income taxes | 67/77 | €1,097 | €6,092 | +€4,995 | +455.1% |
| Profit (loss) for the period | 9904 | -€838 | €19,367 | +€20,205 | |
| Profit (loss) for the period to be appropriated | 9905 | -€838 | €19,367 | +€20,205 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.