C.B.: 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.B.
Largest movements
- Deferred charges and accrued income -€61,636
down €61,636 (-57.7%), from €106,750 to €45,114
- Tangible fixed assets +€33,490
up €33,490 (+18.6%), from €180,525 to €214,015
of which Plant, machinery and equipment: +€46,986
- Cash +€14,347
up €14,347 (+331.9%), from €4,323 to €18,670
mainly Deferred charges and accrued income (+€61,636) and Depreciation (+€14,369)
- Other debts -€18,776
no longer reported in 2025 (was €18,776)
- Profit (loss) carried forward +€4,977
up €4,977 (+7.6%), from -€65,784 to -€60,806
- Gross operating margin -€2,968
down €2,968 (-11.7%), from €25,319 to €22,351
- Depreciation -€571
down €571 (-3.8%), from €14,940 to €14,369
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 | €291,598 | €277,799 | -€13,799 | -4.7% |
| Fixed assets | 21/28 | €180,525 | €214,015 | +€33,490 | +18.6% |
| Tangible fixed assets | 22/27 | €180,525 | €214,015 | +€33,490 | +18.6% |
| Land and buildings | 22 | €169,515 | €156,019 | -€13,496 | -8.0% |
| Plant, machinery and equipment | 23 | €11,010 | €57,996 | +€46,986 | +426.8% |
| Current assets | 29/58 | €111,073 | €63,784 | -€47,289 | -42.6% |
| Cash at bank and in hand | 54/58 | €4,323 | €18,670 | +€14,347 | +331.9% |
| Deferred charges and accrued income | 490/1 | €106,750 | €45,114 | -€61,636 | -57.7% |
| Total equity and liabilities | 10/49 | €291,598 | €277,799 | -€13,799 | -4.7% |
| Equity | 10/15 | €272,216 | €277,194 | +€4,977 | +1.8% |
| Contributions | 10/11 | €298,000 | €298,000 | = | 0.0% |
| Capital | 10 | €298,000 | €298,000 | = | 0.0% |
| Issued capital | 100 | €298,000 | €298,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Other | 1319 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,784 | -€60,806 | +€4,977 | +7.6% |
| Amounts payable | 17/49 | €19,381 | €605 | -€18,776 | -96.9% |
| Amounts payable within one year | 42/48 | €19,381 | €605 | -€18,776 | -96.9% |
| Trade debts | 44 | €605 | €605 | = | 0.0% |
| Suppliers | 440/4 | €605 | €605 | = | 0.0% |
| Other amounts payable | 47/48 | €18,776 | - | -€18,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,940 | €14,369 | -€571 | -3.8% |
| Other operating charges | 640/8 | €3,095 | €3,004 | -€90 | -2.9% |
| Gross operating margin | 9900 | €25,319 | €22,351 | -€2,968 | -11.7% |
| Operating profit (loss) | 9901 | €7,284 | €4,977 | -€2,307 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €7,284 | €4,977 | -€2,307 | -31.7% |
| Profit (loss) for the period | 9904 | €7,284 | €4,977 | -€2,307 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,284 | €4,977 | -€2,307 | -31.7% |
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 10 October 2026 via checked.be.