CMD CENTENAIRE: 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.
CMD CENTENAIRE
Largest movements
- Receivables within one year +€12,673
up €12,673 (+97.2%), from €13,038 to €25,711
of which Other amounts receivable: +€13,391
- Deferred charges and accrued income -€1,485
down €1,485 (-100.0%), from €1,485 to €0
- Cash -€1,117
down €1,117 (-11.9%), from €9,389 to €8,273
mainly Receivables within one year (-€12,673) and Investment in fixed assets (net) (-€1,159)
- Trade debts +€4,467
up €4,467 (+195.4%), from €2,286 to €6,753
- Other debts +€3,950
up €3,950 (+826.7%), from €478 to €4,428
- Profit (loss) carried forward +€1,655
up €1,655 (+9.5%), from €17,392 to €19,047
- Tax, wage and social debts +€824
up €824 (+17.4%), from €4,732 to €5,556
- Accrued charges and deferred income -€700
down €700 (-100.0%), from €700 to €0
- Gross operating margin -€18,214
down €18,214 (-79.7%), from €22,865 to €4,651
- Taxes -€3,908
down €3,908 (-82.6%), from €4,732 to €824
- Depreciation +€766
up €766 (+285.8%), from €268 to €1,035
- Other operating charges +€566
up €566 (+146.2%), from €387 to €954
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.
Cash bridge derived
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 | €25,588 | €35,785 | +€10,196 | +39.8% |
| Fixed assets | 21/28 | €1,676 | €1,801 | +€125 | +7.4% |
| Tangible fixed assets | 22/27 | €1,676 | €1,801 | +€125 | +7.4% |
| Plant, machinery and equipment | 23 | €225 | €136 | -€89 | -39.8% |
| Furniture and vehicles | 24 | €1,451 | €1,665 | +€214 | +14.8% |
| Current assets | 29/58 | €23,913 | €33,984 | +€10,071 | +42.1% |
| Amounts receivable within one year | 40/41 | €13,038 | €25,711 | +€12,673 | +97.2% |
| Trade receivables | 40 | €718 | €0 | -€718 | -100.0% |
| Other amounts receivable | 41 | €12,320 | €25,711 | +€13,391 | +108.7% |
| Cash at bank and in hand | 54/58 | €9,389 | €8,273 | -€1,117 | -11.9% |
| Deferred charges and accrued income | 490/1 | €1,485 | €0 | -€1,485 | -100.0% |
| Total equity and liabilities | 10/49 | €25,588 | €35,785 | +€10,196 | +39.8% |
| Equity | 10/15 | €17,392 | €19,047 | +€1,655 | +9.5% |
| Profit (loss) carried forward | 14 | €17,392 | €19,047 | +€1,655 | +9.5% |
| Amounts payable | 17/49 | €8,196 | €16,737 | +€8,541 | +104.2% |
| Amounts payable within one year | 42/48 | €7,496 | €16,737 | +€9,241 | +123.3% |
| Trade debts | 44 | €2,286 | €6,753 | +€4,467 | +195.4% |
| Suppliers | 440/4 | €2,286 | €6,753 | +€4,467 | +195.4% |
| Taxes, remuneration and social security | 45 | €4,732 | €5,556 | +€824 | +17.4% |
| Taxes | 450/3 | €4,732 | €5,556 | +€824 | +17.4% |
| Other amounts payable | 47/48 | €478 | €4,428 | +€3,950 | +826.7% |
| Accrued charges and deferred income | 492/3 | €700 | €0 | -€700 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €1,035 | +€766 | +285.8% |
| Other operating charges | 640/8 | €387 | €954 | +€566 | +146.2% |
| Gross operating margin | 9900 | €22,865 | €4,651 | -€18,214 | -79.7% |
| Operating profit (loss) | 9901 | €22,209 | €2,663 | -€19,547 | -88.0% |
| Financial charges | 65/66B | €85 | €184 | +€99 | +116.2% |
| Recurring financial charges | 65 | €85 | €184 | +€99 | +116.2% |
| Profit (loss) for the period before taxes | 9903 | €22,124 | €2,479 | -€19,646 | -88.8% |
| Income taxes | 67/77 | €4,732 | €824 | -€3,908 | -82.6% |
| Profit (loss) for the period | 9904 | €17,392 | €1,655 | -€15,737 | -90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,392 | €1,655 | -€15,737 | -90.5% |
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 12 October 2026 via checked.be.