C.A. INF.: 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.
C.A. INF.
Largest movements
- Deferred charges and accrued income +€42,425
up €42,425 (+640.3%), from €6,626 to €49,051
- Cash -€38,442
down €38,442 (-45.6%), from €84,318 to €45,876
mainly Contributions, distributions and other (-€155,027) and Debts after one year (-€47,803)
- Tangible fixed assets -€25,515
down €25,515 (-6.2%), from €409,350 to €383,835
of which Land and buildings: -€26,340
- Receivables after one year -€21,783
down €21,783 (-36.6%), from €59,535 to €37,752
- Reserves -€133,829
down €133,829 (-58.8%), from €227,661 to €93,831
of which Distributable reserves: -€132,640
- Other debts +€119,376
up €119,376 (+402.2%), from €29,683 to €149,059
- Debts after one year -€47,803
down €47,803 (-28.5%), from €167,552 to €119,749
- Tax, wage and social debts +€14,966
up €14,966 (+357.4%), from €4,188 to €19,154
- Financial charges -€1,756
down €1,756 (-16.5%), from €10,637 to €8,882
- Other operating charges +€1,305
up €1,305 (+539.3%), from €242 to €1,547
- Gross operating margin +€783
up €783 (+1.1%), from €70,025 to €70,808
- Depreciation +€749
up €749 (+2.7%), from €27,459 to €28,208
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 | €571,377 | €525,440 | -€45,937 | -8.0% |
| Fixed assets | 21/28 | €410,528 | €385,013 | -€25,515 | -6.2% |
| Tangible fixed assets | 22/27 | €409,350 | €383,835 | -€25,515 | -6.2% |
| Land and buildings | 22 | €406,608 | €380,268 | -€26,340 | -6.5% |
| Plant, machinery and equipment | 23 | €2,742 | €1,582 | -€1,160 | -42.3% |
| Furniture and vehicles | 24 | - | €1,985 | +€1,985 | |
| Financial fixed assets | 28 | €1,178 | €1,178 | = | 0.0% |
| Current assets | 29/58 | €160,849 | €140,427 | -€20,422 | -12.7% |
| Amounts receivable after more than one year | 29 | €59,535 | €37,752 | -€21,783 | -36.6% |
| Trade receivables | 290 | €59,535 | €37,752 | -€21,783 | -36.6% |
| Amounts receivable within one year | 40/41 | €10,371 | €7,749 | -€2,621 | -25.3% |
| Trade receivables | 40 | €3,211 | €3,211 | = | 0.0% |
| Other amounts receivable | 41 | €7,160 | €4,539 | -€2,621 | -36.6% |
| Cash at bank and in hand | 54/58 | €84,318 | €45,876 | -€38,442 | -45.6% |
| Deferred charges and accrued income | 490/1 | €6,626 | €49,051 | +€42,425 | +640.3% |
| Total equity and liabilities | 10/49 | €571,377 | €525,440 | -€45,937 | -8.0% |
| Equity | 10/15 | €312,377 | €178,547 | -€133,829 | -42.8% |
| Contributions | 10/11 | €12,410 | €12,410 | = | 0.0% |
| Reserves | 13 | €227,661 | €93,831 | -€133,829 | -58.8% |
| Tax-exempt reserves | 132 | €19,474 | €18,285 | -€1,190 | -6.1% |
| Distributable reserves | 133 | €208,186 | €75,546 | -€132,640 | -63.7% |
| Profit (loss) carried forward | 14 | €72,306 | €72,306 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,028 | €9,415 | -€613 | -6.1% |
| Deferred taxes | 168 | €10,028 | €9,415 | -€613 | -6.1% |
| Amounts payable | 17/49 | €248,973 | €337,478 | +€88,505 | +35.5% |
| Amounts payable after more than one year | 17 | €167,552 | €119,749 | -€47,803 | -28.5% |
| Financial debts | 170/4 | €167,552 | €119,749 | -€47,803 | -28.5% |
| Amounts payable within one year | 42/48 | €81,421 | €217,729 | +€136,308 | +167.4% |
| Current portion of amounts payable after more than one year | 42 | €45,944 | €47,803 | +€1,859 | +4.0% |
| Financial debts | 43 | €396 | €777 | +€380 | +96.0% |
| Credit institutions | 430/8 | €396 | €777 | +€380 | +96.0% |
| Trade debts | 44 | €1,209 | €936 | -€273 | -22.6% |
| Suppliers | 440/4 | €1,209 | €936 | -€273 | -22.6% |
| Taxes, remuneration and social security | 45 | €4,188 | €19,154 | +€14,966 | +357.4% |
| Taxes | 450/3 | €4,188 | €19,154 | +€14,966 | +357.4% |
| Other amounts payable | 47/48 | €29,683 | €149,059 | +€119,376 | +402.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,459 | €28,208 | +€749 | +2.7% |
| Other operating charges | 640/8 | €242 | €1,547 | +€1,305 | +539.3% |
| Gross operating margin | 9900 | €70,025 | €70,808 | +€783 | +1.1% |
| Operating profit (loss) | 9901 | €42,324 | €41,053 | -€1,271 | -3.0% |
| Financial charges | 65/66B | €10,637 | €8,882 | -€1,756 | -16.5% |
| Recurring financial charges | 65 | €10,637 | €8,882 | -€1,756 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €31,687 | €32,171 | +€485 | +1.5% |
| Transfer from deferred taxes | 780 | €613 | €613 | = | 0.0% |
| Income taxes | 67/77 | €11,089 | €11,586 | +€497 | +4.5% |
| Profit (loss) for the period | 9904 | €21,211 | €21,198 | -€13 | -0.1% |
| Transfer from tax-exempt reserves | 789 | €1,190 | €1,190 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,400 | €22,388 | -€13 | -0.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.