CERROM: 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.
CERROM
Largest movements
- Financial fixed assets +€209,355
new in 2025: €209,355
- Cash -€31,479
down €31,479 (-49.2%), from €63,978 to €32,499
mainly Investment in fixed assets (net) (-€210,470) and Receivables within one year (-€11,397)
- Tangible fixed assets -€12,932
down €12,932 (-18.9%), from €68,284 to €55,352
of which Furniture and vehicles: -€12,713
- Receivables within one year +€11,397
up €11,397 (+50.9%), from €22,373 to €33,771
of which Other amounts receivable: +€7,099
- Debts after one year +€89,891
up €89,891 (+173.6%), from €51,790 to €141,680
- Profit (loss) carried forward +€42,698
new in 2025: €42,698
- Current portion of long-term debt +€36,762
up €36,762 (+301.1%), from €12,210 to €48,972
- Tax, wage and social debts +€5,431
up €5,431 (+29.5%), from €18,400 to €23,831
- Gross operating margin -€16,800
down €16,800 (-18.8%), from €89,212 to €72,412
- Depreciation +€12,088
up €12,088 (+617.1%), from €1,959 to €14,047
- Financial charges +€5,727
up €5,727 (+302.8%), from €1,891 to €7,618
- Financial income +€5,090
up €5,090 (+1919.8%), from €265 to €5,355
- Taxes -€4,494
down €4,494 (-26.0%), from €17,314 to €12,821
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 | €156,549 | €330,977 | +€174,428 | +111.4% |
| Fixed assets | 21/28 | €68,284 | €264,707 | +€196,423 | +287.7% |
| Tangible fixed assets | 22/27 | €68,284 | €55,352 | -€12,932 | -18.9% |
| Plant, machinery and equipment | 23 | €1,920 | €1,701 | -€218 | -11.4% |
| Furniture and vehicles | 24 | €66,364 | €53,651 | -€12,713 | -19.2% |
| Financial fixed assets | 28 | - | €209,355 | +€209,355 | |
| Current assets | 29/58 | €88,265 | €66,270 | -€21,995 | -24.9% |
| Amounts receivable within one year | 40/41 | €22,373 | €33,771 | +€11,397 | +50.9% |
| Trade receivables | 40 | €13,851 | €18,150 | +€4,299 | +31.0% |
| Other amounts receivable | 41 | €8,522 | €15,621 | +€7,099 | +83.3% |
| Cash at bank and in hand | 54/58 | €63,978 | €32,499 | -€31,479 | -49.2% |
| Deferred charges and accrued income | 490/1 | €1,914 | €0 | -€1,914 | -100.0% |
| Total equity and liabilities | 10/49 | €156,549 | €330,977 | +€174,428 | +111.4% |
| Equity | 10/15 | €68,854 | €111,551 | +€42,698 | +62.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €66,854 | €66,854 | = | 0.0% |
| Distributable reserves | 133 | €66,854 | €66,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €42,698 | +€42,698 | |
| Amounts payable | 17/49 | €87,695 | €219,425 | +€131,730 | +150.2% |
| Amounts payable after more than one year | 17 | €51,790 | €141,680 | +€89,891 | +173.6% |
| Financial debts | 170/4 | €51,790 | €141,680 | +€89,891 | +173.6% |
| Amounts payable within one year | 42/48 | €35,725 | €76,645 | +€40,920 | +114.5% |
| Current portion of amounts payable after more than one year | 42 | €12,210 | €48,972 | +€36,762 | +301.1% |
| Trade debts | 44 | €5,115 | €3,842 | -€1,273 | -24.9% |
| Suppliers | 440/4 | €5,115 | €3,842 | -€1,273 | -24.9% |
| Taxes, remuneration and social security | 45 | €18,400 | €23,831 | +€5,431 | +29.5% |
| Taxes | 450/3 | €18,400 | €23,831 | +€5,431 | +29.5% |
| Accrued charges and deferred income | 492/3 | €180 | €1,100 | +€920 | +511.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,959 | €14,047 | +€12,088 | +617.1% |
| Other operating charges | 640/8 | €2,314 | €584 | -€1,730 | -74.7% |
| Gross operating margin | 9900 | €89,212 | €72,412 | -€16,800 | -18.8% |
| Operating profit (loss) | 9901 | €84,939 | €57,781 | -€27,158 | -32.0% |
| Financial income | 75/76B | €265 | €5,355 | +€5,090 | +1919.8% |
| Recurring financial income | 75 | €265 | €5,355 | +€5,090 | +1919.8% |
| Financial charges | 65/66B | €1,891 | €7,618 | +€5,727 | +302.8% |
| Recurring financial charges | 65 | €1,891 | €7,618 | +€5,727 | +302.8% |
| Profit (loss) for the period before taxes | 9903 | €83,313 | €55,518 | -€27,795 | -33.4% |
| Income taxes | 67/77 | €17,314 | €12,821 | -€4,494 | -26.0% |
| Profit (loss) for the period | 9904 | €65,999 | €42,698 | -€23,301 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,999 | €42,698 | -€23,301 | -35.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.