CETREZ: 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.
CETREZ
Largest movements
- Financial fixed assets -€50,000
no longer reported in 2024 (was €50,000)
- Receivables within one year +€19,675
new in 2024: €19,675
- Other debts -€28,380
down €28,380 (-94.2%), from €30,120 to €1,740
- Profit (loss) carried forward -€1,973
down €1,973 (-146.0%), from -€1,351 to -€3,324
- Gross operating margin -€1,639
down €1,639 (-1622.8%), from -€101 to -€1,740
- Financial charges +€169
up €169 (+112873.3%), from €0 to €169
- Other operating charges +€64
new in 2024: €64
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,019 | €19,675 | -€30,344 | -60.7% |
| Fixed assets | 21/28 | €50,000 | - | -€50,000 | |
| Financial fixed assets | 28 | €50,000 | - | -€50,000 | |
| Current assets | 29/58 | €19 | €19,675 | +€19,656 | +104275.3% |
| Amounts receivable within one year | 40/41 | - | €19,675 | +€19,675 | |
| Other amounts receivable | 41 | - | €19,675 | +€19,675 | |
| Cash at bank and in hand | 54/58 | €19 | - | -€19 | |
| Total equity and liabilities | 10/49 | €50,019 | €19,675 | -€30,344 | -60.7% |
| Equity | 10/15 | €18,649 | €16,676 | -€1,973 | -10.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,351 | -€3,324 | -€1,973 | -146.0% |
| Amounts payable | 17/49 | €31,370 | €2,999 | -€28,371 | -90.4% |
| Amounts payable within one year | 42/48 | €31,370 | €2,999 | -€28,371 | -90.4% |
| Financial debts | 43 | - | €9 | +€9 | |
| Credit institutions | 430/8 | - | €9 | +€9 | |
| Trade debts | 44 | €1,250 | €1,250 | = | 0.0% |
| Suppliers | 440/4 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €30,120 | €1,740 | -€28,380 | -94.2% |
| Other operating charges | 640/8 | - | €64 | +€64 | |
| Gross operating margin | 9900 | -€101 | -€1,740 | -€1,639 | -1622.8% |
| Operating profit (loss) | 9901 | -€101 | -€1,804 | -€1,703 | -1685.9% |
| Financial charges | 65/66B | €0 | €169 | +€169 | +112873.3% |
| Recurring financial charges | 65 | €0 | €169 | +€169 | +112873.3% |
| Profit (loss) for the period before taxes | 9903 | -€101 | -€1,973 | -€1,872 | -1850.8% |
| Profit (loss) for the period | 9904 | -€101 | -€1,973 | -€1,872 | -1850.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€101 | -€1,973 | -€1,872 | -1850.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.