PREMIER CERCLE: 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.
PREMIER CERCLE
Largest movements
- Cash -€11,887
down €11,887 (-33.0%), from €35,998 to €24,111
mainly Debts after one year (-€15,834) and Tax, wage and social debts (-€12,000)
- Deferred charges and accrued income +€6,000
new in 2025: €6,000
- Advances received +€17,107
up €17,107 (+58.5%), from €29,230 to €46,337
- Debts after one year -€15,834
down €15,834 (-100%), from €15,834 to €0
- Tax, wage and social debts -€12,000
down €12,000 (-11.6%), from €103,687 to €91,687
of which Taxes: -€12,000
- Turnover +€71,029
up €71,029 (+133%), from €53,274 to €124,303
- Gross operating margin +€37,236
up €37,236, from -€31,876 to €5,360
- Purchases and services +€23,805
up €23,805 (+25.0%), from €95,328 to €119,133
- Financial charges -€4,934
down €4,934 (-88.8%), from €5,557 to €624
- Other operating charges -€4,425
down €4,425 (-92.0%), from €4,812 to €387
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.
Derived cash bridge
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 | €474,061 | €468,486 | -€5,575 | -1.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €12,165 | €9,243 | -€2,922 | -24.0% |
| Tangible fixed assets | 22/27 | €11,880 | €8,957 | -€2,922 | -24.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €11,880 | €8,957 | -€2,922 | -24.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €461,896 | €459,243 | -€2,653 | -0.6% |
| Amounts receivable within one year | 40/41 | €425,898 | €429,132 | +€3,235 | +0.8% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €425,898 | €429,132 | +€3,235 | +0.8% |
| Cash at bank and in hand | 54/58 | €35,998 | €24,111 | -€11,887 | -33.0% |
| Deferred charges and accrued income | 490/1 | - | €6,000 | +€6,000 | |
| Total equity and liabilities | 10/49 | €474,061 | €468,486 | -€5,575 | -1.2% |
| Equity | 10/15 | €179,073 | €180,972 | +€1,898 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,873 | €174,772 | +€1,898 | +1.1% |
| Amounts payable | 17/49 | €294,988 | €287,515 | -€7,473 | -2.5% |
| Amounts payable after more than one year | 17 | €15,834 | €0 | -€15,834 | -100% |
| Financial debts | 170/4 | €15,834 | €0 | -€15,834 | -100% |
| Amounts payable within one year | 42/48 | €151,229 | €159,590 | +€8,361 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €15,643 | €16,714 | +€1,070 | +6.8% |
| Trade debts | 44 | €2,034 | €150 | -€1,884 | -92.6% |
| Suppliers | 440/4 | €2,034 | €150 | -€1,884 | -92.6% |
| Advances received on contracts in progress | 46 | €29,230 | €46,337 | +€17,107 | +58.5% |
| Taxes, remuneration and social security | 45 | €103,687 | €91,687 | -€12,000 | -11.6% |
| Taxes | 450/3 | €103,687 | €91,687 | -€12,000 | -11.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €634 | €4,702 | +€4,068 | +641% |
| Accrued charges and deferred income | 492/3 | €127,925 | €127,925 | = | 0.0% |
| Turnover | 70 | €53,274 | €124,303 | +€71,029 | +133% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,328 | €119,133 | +€23,805 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,137 | €5,341 | +€204 | +4.0% |
| Other operating charges | 640/8 | €4,812 | €387 | -€4,425 | -92.0% |
| Non-recurring operating charges | 66A | €290 | €727 | +€437 | +151% |
| Gross operating margin | 9900 | -€31,876 | €5,360 | +€37,236 | |
| Operating profit (loss) | 9901 | -€42,115 | -€1,096 | +€41,019 | +97.4% |
| Financial income | 75/76B | €4,872 | €3,619 | -€1,253 | -25.7% |
| Recurring financial income | 75 | €4,872 | €3,619 | -€1,253 | -25.7% |
| Financial charges | 65/66B | €5,557 | €624 | -€4,934 | -88.8% |
| Recurring financial charges | 65 | €5,557 | €624 | -€4,934 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | -€42,800 | €1,899 | +€44,699 | |
| Income taxes | 67/77 | €0 | €1 | +€1 | +356% |
| Profit (loss) for the period | 9904 | -€42,800 | €1,898 | +€44,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,800 | €1,898 | +€44,698 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.