LA CENSE: 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.
LA CENSE
Largest movements
- Cash -€14,580
down €14,580 (-95.0%), from €15,352 to €772
mainly Receivables within one year (-€12,919) and Net result for the year (-€1,778)
- Receivables within one year +€12,919
up €12,919 (+4.6%), from €279,614 to €292,533
of which Other amounts receivable: +€13,531
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€5,314
up €5,314 (+88.2%), from -€6,024 to -€710
- Depreciation -€613
no longer reported in 2025 (was €613)
- Other operating charges +€230
up €230 (+59.4%), from €387 to €618
- Financial charges +€92
up €92 (+22.7%), from €404 to €496
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 | €295,133 | €293,305 | -€1,827 | -0.6% |
| Fixed assets | 21/28 | €151 | - | -€151 | |
| Tangible fixed assets | 22/27 | €151 | - | -€151 | |
| Furniture and vehicles | 24 | €151 | - | -€151 | |
| Current assets | 29/58 | €294,981 | €293,305 | -€1,676 | -0.6% |
| Amounts receivable within one year | 40/41 | €279,614 | €292,533 | +€12,919 | +4.6% |
| Trade receivables | 40 | €612 | - | -€612 | |
| Other amounts receivable | 41 | €279,002 | €292,533 | +€13,531 | +4.8% |
| Cash at bank and in hand | 54/58 | €15,352 | €772 | -€14,580 | -95.0% |
| Deferred charges and accrued income | 490/1 | €15 | €0 | -€15 | -99.7% |
| Total equity and liabilities | 10/49 | €295,133 | €293,305 | -€1,827 | -0.6% |
| Equity | 10/15 | €295,062 | €293,285 | -€1,778 | -0.6% |
| Contributions | 10/11 | €396,630 | €396,630 | = | 0.0% |
| Capital | 10 | €396,630 | €396,630 | = | 0.0% |
| Issued capital | 100 | €396,630 | €396,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,567 | -€103,345 | -€1,778 | -1.8% |
| Amounts payable | 17/49 | €70 | €20 | -€50 | -71.0% |
| Amounts payable within one year | 42/48 | €45 | - | -€45 | |
| Other amounts payable | 47/48 | €45 | - | -€45 | |
| Accrued charges and deferred income | 492/3 | €25 | €20 | -€5 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613 | - | -€613 | |
| Other operating charges | 640/8 | €387 | €618 | +€230 | +59.4% |
| Gross operating margin | 9900 | -€6,024 | -€710 | +€5,314 | +88.2% |
| Operating profit (loss) | 9901 | -€7,024 | -€1,327 | +€5,697 | +81.1% |
| Financial income | 75/76B | €59 | €46 | -€13 | -22.5% |
| Recurring financial income | 75 | €59 | €46 | -€13 | -22.5% |
| Financial charges | 65/66B | €404 | €496 | +€92 | +22.7% |
| Recurring financial charges | 65 | €404 | €496 | +€92 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,369 | -€1,778 | +€5,592 | +75.9% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€7,369 | -€1,778 | +€5,592 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,369 | -€1,778 | +€5,592 | +75.9% |
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.