Imprimeries CERES: 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.
Imprimeries CERES
Largest movements
- Tangible fixed assets -€29,911
down €29,911 (-5.8%), from €513,238 to €483,328
- Cash +€12,475
up €12,475 (+26.2%), from €47,588 to €60,063
mainly Depreciation (+€35,846) and Net result for the year (+€14,980)
- Debts after one year -€34,960
down €34,960 (-17.0%), from €205,949 to €170,989
of which Other amounts payable: -€18,301
- Profit (loss) carried forward +€14,980
up €14,980 (+5.5%), from €273,772 to €288,753
- Taxes +€3,702
up €3,702 (+286.6%), from €1,291 to €4,993
- Other operating charges +€1,734
up €1,734 (+21.9%), from €7,913 to €9,647
- Financial charges -€1,120
down €1,120 (-11.3%), from €9,901 to €8,781
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 | €562,940 | €546,858 | -€16,082 | -2.9% |
| Fixed assets | 21/28 | €513,238 | €483,328 | -€29,911 | -5.8% |
| Tangible fixed assets | 22/27 | €513,238 | €483,328 | -€29,911 | -5.8% |
| Land and buildings | 22 | €513,238 | €483,328 | -€29,911 | -5.8% |
| Current assets | 29/58 | €49,701 | €63,530 | +€13,829 | +27.8% |
| Amounts receivable within one year | 40/41 | €2,113 | €3,468 | +€1,354 | +64.1% |
| Other amounts receivable | 41 | €2,113 | €3,468 | +€1,354 | +64.1% |
| Cash at bank and in hand | 54/58 | €47,588 | €60,063 | +€12,475 | +26.2% |
| Total equity and liabilities | 10/49 | €562,940 | €546,858 | -€16,082 | -2.9% |
| Equity | 10/15 | €323,847 | €338,827 | +€14,980 | +4.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €29,623 | €29,623 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,623 | €29,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273,772 | €288,753 | +€14,980 | +5.5% |
| Amounts payable | 17/49 | €239,093 | €208,031 | -€31,062 | -13.0% |
| Amounts payable after more than one year | 17 | €205,949 | €170,989 | -€34,960 | -17.0% |
| Financial debts | 170/4 | €64,855 | €48,196 | -€16,659 | -25.7% |
| Other amounts payable | 178/9 | €141,094 | €122,793 | -€18,301 | -13.0% |
| Amounts payable within one year | 42/48 | €32,643 | €36,542 | +€3,898 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €16,216 | €16,659 | +€443 | +2.7% |
| Financial debts | 43 | €15,676 | €16,396 | +€720 | +4.6% |
| Other loans | 439 | €15,676 | €16,396 | +€720 | +4.6% |
| Trade debts | 44 | €153 | €2,889 | +€2,735 | +1784.6% |
| Suppliers | 440/4 | €153 | €2,889 | +€2,735 | +1784.6% |
| Other amounts payable | 47/48 | €597 | €597 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,314 | €35,846 | +€532 | +1.5% |
| Other operating charges | 640/8 | €7,913 | €9,647 | +€1,734 | +21.9% |
| Gross operating margin | 9900 | €74,909 | €74,238 | -€671 | -0.9% |
| Operating profit (loss) | 9901 | €31,682 | €28,745 | -€2,937 | -9.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €9,901 | €8,781 | -€1,120 | -11.3% |
| Recurring financial charges | 65 | €9,901 | €8,781 | -€1,120 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €21,781 | €19,974 | -€1,808 | -8.3% |
| Income taxes | 67/77 | €1,291 | €4,993 | +€3,702 | +286.6% |
| Profit (loss) for the period | 9904 | €20,490 | €14,980 | -€5,510 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,490 | €14,980 | -€5,510 | -26.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.