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Het Centrum: 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.

What changed

Het Centrum

BE 0448.747.734
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€8,641
2023 · €14,036-€5,395
Equity
€112,299
2023 · €103,658+€8,641
Cash
€21,979
2023 · €18,319+€3,660
Balance sheet total
€128,008
2023 · €126,303+€1,705

Largest movements

2023 to 2024
Assets
  • Cash +€3,660

    up €3,660 (+20.0%), from €18,319 to €21,979

    mainly Net result for the year (+€8,641) and Depreciation (+€2,966)

  • Tangible fixed assets -€1,687

    down €1,687 (-1.6%), from €106,770 to €105,082

    of which Land and buildings: -€2,534

Equity and liabilities
  • Profit (loss) carried forward +€8,641

    up €8,641 (+8.6%), from €100,658 to €109,299

  • Debts after one year -€6,600

    down €6,600 (-33.3%), from €19,800 to €13,200

  • Current portion of long-term debt -€2,200

    no longer reported in 2024 (was €2,200)

  • Short-term financial debts +€2,200

    new in 2024: €2,200

Income statement
  • Turnover +€11,037

    new in 2024: €11,037

  • Gross operating margin -€4,475

    down €4,475 (-21.9%), from €20,402 to €15,927

  • Purchases and services -€2,997

    down €2,997 (-23.1%), from €12,962 to €9,964

  • Other operating charges +€1,891

    up €1,891 (+75.4%), from €2,507 to €4,398

  • Depreciation -€900

    down €900 (-23.3%), from €3,866 to €2,966

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €14,036
Gross operating margin -€4,475
Depreciation +€900
Other operating charges -€1,891
Financial income +€141
Financial charges -€71
Result 2024 €8,641

Cash bridge derived

cash 2023 to 2024

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.

From operations +€11,539
Investment -€1,279
Financing -€6,600
Cash 2023 €18,319
Net result for the year +€8,641
Depreciation +€2,966
Receivables within one year +€142
Deferred charges and accrued income +€126
Trade debts -€336
Investment in fixed assets (net) -€1,279
Debts after one year -€6,600
Current portion of long-term debt -€2,200
Short-term financial debts +€2,200
Cash 2024 €21,979
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €126,303 €128,008 +€1,705 +1.3%
Fixed assets 21/28 €106,770 €105,082 -€1,687 -1.6%
Tangible fixed assets 22/27 €106,770 €105,082 -€1,687 -1.6%
Land and buildings 22 €105,930 €103,396 -€2,534 -2.4%
Plant, machinery and equipment 23 €839 €535 -€304 -36.2%
Furniture and vehicles 24 - €1,151 +€1,151
Current assets 29/58 €19,534 €22,926 +€3,392 +17.4%
Amounts receivable within one year 40/41 €237 €95 -€142 -59.9%
Trade receivables 40 €237 €95 -€142 -59.9%
Cash at bank and in hand 54/58 €18,319 €21,979 +€3,660 +20.0%
Deferred charges and accrued income 490/1 €978 €852 -€126 -12.9%
Total equity and liabilities 10/49 €126,303 €128,008 +€1,705 +1.3%
Equity 10/15 €103,658 €112,299 +€8,641 +8.3%
Contributions 10/11 €3,000 €3,000 = 0.0%
Capital 10 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €100,658 €109,299 +€8,641 +8.6%
Amounts payable 17/49 €22,645 €15,709 -€6,936 -30.6%
Amounts payable after more than one year 17 €19,800 €13,200 -€6,600 -33.3%
Financial debts 170/4 €19,800 €13,200 -€6,600 -33.3%
Amounts payable within one year 42/48 €2,845 €2,509 -€336 -11.8%
Current portion of amounts payable after more than one year 42 €2,200 - -€2,200
Financial debts 43 - €2,200 +€2,200
Other loans 439 - €2,200 +€2,200
Trade debts 44 €645 €309 -€336 -52.1%
Suppliers 440/4 €645 €309 -€336 -52.1%
Turnover 70 - €11,037 +€11,037
Goods, raw materials, services and sundry goods 60/61 €12,962 €9,964 -€2,997 -23.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,866 €2,966 -€900 -23.3%
Other operating charges 640/8 €2,507 €4,398 +€1,891 +75.4%
Gross operating margin 9900 €20,402 €15,927 -€4,475 -21.9%
Operating profit (loss) 9901 €14,028 €8,562 -€5,466 -39.0%
Financial income 75/76B €49 €190 +€141 +289.2%
Recurring financial income 75 €49 €190 +€141 +289.2%
Financial charges 65/66B €41 €112 +€71 +171.9%
Recurring financial charges 65 €41 €112 +€71 +171.9%
Profit (loss) for the period before taxes 9903 €14,036 €8,641 -€5,395 -38.4%
Profit (loss) for the period 9904 €14,036 €8,641 -€5,395 -38.4%
Profit (loss) for the period to be appropriated 9905 €14,036 €8,641 -€5,395 -38.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.