Skip to content

LE CENT: 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

LE CENT

BE 0407.830.164
NACE 18.110, Printing and reproduction of recorded media
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€31,404
2024 · €6,083-€37,487
Equity
€65,089
2024 · €96,493-€31,404
Cash
€18,704
2024 · €3,569+€15,134
Balance sheet total
€199,418
2024 · €168,643+€30,776

Largest movements

2024 to 2025
Assets
  • Cash +€15,134

    up €15,134 (+424.0%), from €3,569 to €18,704

    mainly Debts after one year (+€60,000) and Depreciation (+€10,396)

  • Tangible fixed assets +€14,327

    up €14,327 (+8.7%), from €164,951 to €179,277

    of which Land and buildings: +€9,412

Equity and liabilities
  • Debts after one year +€60,000

    new in 2025: €60,000

  • Profit (loss) carried forward -€31,404

    down €31,404, from €16,409 to -€14,995

Income statement
  • Gross operating margin -€42,397

    down €42,397, from €25,316 to -€17,081

  • Other operating charges -€7,182

    down €7,182 (-99.0%), from €7,253 to €71

  • Financial charges +€3,601

    up €3,601 (+1409.9%), from €255 to €3,856

  • Depreciation -€1,329

    down €1,329 (-11.3%), from €11,725 to €10,396

From the 2024 result to the 2025 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 2024 €6,083
Gross operating margin -€42,397
Depreciation +€1,329
Other operating charges +€7,182
Financial charges -€3,601
Result 2025 -€31,404

Cash bridge derived

cash 2024 to 2025

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.

From operations -€20,143
Investment -€24,723
Financing +€60,000
Cash 2024 €3,569
Net result for the year -€31,404
Depreciation +€10,396
Receivables within one year -€139
Deferred charges and accrued income -€1,176
Trade debts +€1,622
Other debts +€557
Investment in fixed assets (net) -€24,723
Debts after one year +€60,000
Cash 2025 €18,704
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €168,643 €199,418 +€30,776 +18.2%
Fixed assets 21/28 €164,951 €179,277 +€14,327 +8.7%
Tangible fixed assets 22/27 €164,951 €179,277 +€14,327 +8.7%
Land and buildings 22 €164,951 €174,362 +€9,412 +5.7%
Furniture and vehicles 24 - €4,915 +€4,915
Current assets 29/58 €3,692 €20,141 +€16,449 +445.5%
Amounts receivable within one year 40/41 €32 €171 +€139 +435.3%
Trade receivables 40 €32 €171 +€139 +435.3%
Cash at bank and in hand 54/58 €3,569 €18,704 +€15,134 +424.0%
Deferred charges and accrued income 490/1 €91 €1,267 +€1,176 +1296.7%
Total equity and liabilities 10/49 €168,643 €199,418 +€30,776 +18.2%
Equity 10/15 €96,493 €65,089 -€31,404 -32.5%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €18,084 €18,084 = 0.0%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Distributable reserves 133 €11,884 €11,884 = 0.0%
Profit (loss) carried forward 14 €16,409 -€14,995 -€31,404
Amounts payable 17/49 €72,149 €134,329 +€62,180 +86.2%
Amounts payable after more than one year 17 - €60,000 +€60,000
Financial debts 170/4 - €60,000 +€60,000
Amounts payable within one year 42/48 €72,149 €74,329 +€2,180 +3.0%
Trade debts 44 - €1,622 +€1,622
Suppliers 440/4 - €1,622 +€1,622
Other amounts payable 47/48 €72,149 €72,707 +€557 +0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,725 €10,396 -€1,329 -11.3%
Other operating charges 640/8 €7,253 €71 -€7,182 -99.0%
Gross operating margin 9900 €25,316 -€17,081 -€42,397
Operating profit (loss) 9901 €6,339 -€27,547 -€33,886
Financial charges 65/66B €255 €3,856 +€3,601 +1409.9%
Recurring financial charges 65 €255 €3,856 +€3,601 +1409.9%
Profit (loss) for the period before taxes 9903 €6,083 -€31,404 -€37,487
Profit (loss) for the period 9904 €6,083 -€31,404 -€37,487
Profit (loss) for the period to be appropriated 9905 €6,083 -€31,404 -€37,487

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 29 September 2026 via checked.be.