SOCIETE DE CAUTION MUTUELLE DU CENTRE: what changed
What changed
SOCIETE DE CAUTION MUTUELLE DU CENTRE
filed annual accounts (NBB)
Net result for the year
€103,261
2024 · €73,719+€29,542
Equity
€1.2m
2024 · €1.1m+€103,476
Cash
€535,539
2024 · €593,758-€58,219
Balance sheet total
€3.6m
2024 · €3.5m+€22,919
Largest movements
Assets
- Cash -€58,219
down €58,219 (-9.8%), from €593,758 to €535,539
mainly Provisions (-€124,371) and Receivables within one year (-€52,648)
- Receivables within one year +€52,648
up €52,648 (+6.3%), from €842,279 to €894,927
Equity and liabilities
- Provisions -€124,371
down €124,371 (-8.0%), from €1.6m to €1.4m
- Profit (loss) carried forward +€103,261
up €103,261 (+39.4%), from €261,947 to €365,207
Income statement
- Gross operating margin +€46,559
up €46,559, from -€27,821 to €18,738
- Financial income -€15,464
down €15,464 (-32.3%), from €47,911 to €32,448
- Provisions -€4,297
down €4,297 (-4.8%), from -€89,962 to -€94,258
- Depreciation +€3,175
up €3,175 (+449%), from €708 to €3,882
- Taxes +€2,657
up €2,657 (+9.3%), from €28,552 to €31,210
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€73,719
Gross operating margin
+€46,559
Depreciation
-€3,175
Provisions
+€4,297
Other operating charges
-€31
Financial income
-€15,464
Financial charges
+€14
Taxes
-€2,657
Result 2025
€103,261
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€39,667
Investment
-€18,767
Financing
+€215
Cash 2024
€593,758
From operations (derived)
-€39,667
Net result for the year
+€103,261
Depreciation
+€3,882
Receivables within one year
-€52,648
Deferred charges and accrued income
-€13,604
Provisions
-€124,371
Trade debts
+€6,126
Tax, wage and social debts
+€453
Other debts
+€26,435
Accrued charges and deferred income
+€10,800
Investment (derived)
-€18,767
Investment in fixed assets (net)
-€2,341
Current investments
-€16,426
Financing
+€215
Contributions, distributions and other
+€215
Cash 2025
€535,539
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,533,265 | €3,556,184 | +€22,919 | +0.6% |
| Fixed assets | 21/28 | €19,309 | €17,768 | -€1,541 | -8.0% |
| Tangible fixed assets | 22/27 | €18,069 | €16,528 | -€1,541 | -8.5% |
| Furniture and vehicles | 24 | €18,069 | €16,528 | -€1,541 | -8.5% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €3,513,957 | €3,538,417 | +€24,460 | +0.7% |
| Amounts receivable within one year | 40/41 | €842,279 | €894,927 | +€52,648 | +6.3% |
| Other amounts receivable | 41 | €842,279 | €894,927 | +€52,648 | +6.3% |
| Current investments | 50/53 | €2,077,691 | €2,094,117 | +€16,426 | +0.8% |
| Cash at bank and in hand | 54/58 | €593,758 | €535,539 | -€58,219 | -9.8% |
| Deferred charges and accrued income | 490/1 | €229 | €13,833 | +€13,604 | +5,942% |
| Total equity and liabilities | 10/49 | €3,533,265 | €3,556,184 | +€22,919 | +0.6% |
| Equity | 10/15 | €1,096,636 | €1,200,112 | +€103,476 | +9.4% |
| Contributions | 10/11 | €315,278 | €315,493 | +€215 | +0.1% |
| Reserves | 13 | €519,411 | €519,411 | = | 0.0% |
| Non-distributable reserves | 130/1 | €286,445 | €286,445 | = | 0.0% |
| Reserves not available under the articles | 1311 | €286,445 | €286,445 | = | 0.0% |
| Distributable reserves | 133 | €232,967 | €232,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,947 | €365,207 | +€103,261 | +39.4% |
| Provisions and deferred taxes | 16 | €1,550,872 | €1,426,501 | -€124,371 | -8.0% |
| Provisions for liabilities and charges | 160/5 | €1,550,872 | €1,426,501 | -€124,371 | -8.0% |
| Other liabilities and charges | 164/5 | €1,550,872 | €1,426,501 | -€124,371 | -8.0% |
| Amounts payable | 17/49 | €885,757 | €929,571 | +€43,814 | +4.9% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Financial debts | 170/4 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €282,757 | €315,771 | +€33,014 | +11.7% |
| Trade debts | 44 | €13,004 | €19,130 | +€6,126 | +47.1% |
| Suppliers | 440/4 | €13,004 | €19,130 | +€6,126 | +47.1% |
| Taxes, remuneration and social security | 45 | €5,547 | €6,000 | +€453 | +8.2% |
| Taxes | 450/3 | €5,547 | €6,000 | +€453 | +8.2% |
| Other amounts payable | 47/48 | €264,207 | €290,642 | +€26,435 | +10.0% |
| Accrued charges and deferred income | 492/3 | €3,000 | €13,800 | +€10,800 | +360% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €3,882 | +€3,175 | +449% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€89,962 | -€94,258 | -€4,297 | -4.8% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€27,821 | €18,738 | +€46,559 | |
| Operating profit (loss) | 9901 | €60,466 | €108,115 | +€47,650 | +78.8% |
| Financial income | 75/76B | €47,911 | €32,448 | -€15,464 | -32.3% |
| Recurring financial income | 75 | €47,911 | €32,448 | -€15,464 | -32.3% |
| Financial charges | 65/66B | €6,106 | €6,093 | -€14 | -0.2% |
| Recurring financial charges | 65 | €6,106 | €6,093 | -€14 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €102,271 | €134,471 | +€32,200 | +31.5% |
| Income taxes | 67/77 | €28,552 | €31,210 | +€2,657 | +9.3% |
| Profit (loss) for the period | 9904 | €73,719 | €103,261 | +€29,542 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,719 | €103,261 | +€29,542 | +40.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.