C.B.A.: 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.A.
Largest movements
- Cash +€85,898
up €85,898 (+45.0%), from €190,873 to €276,771
mainly Net result for the year (+€133,474) and Other debts (+€69,792)
- Tangible fixed assets -€10,177
down €10,177 (-33.4%), from €30,462 to €20,285
of which Furniture and vehicles: -€10,177
- Receivables within one year +€5,581
up €5,581 (+11.0%), from €50,624 to €56,205
of which Other amounts receivable: +€40,020
- Other debts +€69,792
up €69,792 (+33570.0%), from €208 to €70,000
- Profit (loss) carried forward +€63,474
up €63,474, from -€37,673 to €25,800
- Trade debts -€49,284
down €49,284 (-57.0%), from €86,473 to €37,189
- Current portion of long-term debt +€11,742
up €11,742 (+157.6%), from €7,449 to €19,192
- Debts after one year -€7,661
down €7,661 (-51.5%), from €14,875 to €7,214
- Taxes -€32,382
down €32,382, from €23,017 to -€9,365
- Staff costs -€18,157
down €18,157 (-16.6%), from €109,166 to €91,009
- Gross operating margin -€11,466
down €11,466 (-4.8%), from €236,663 to €225,198
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 | €280,281 | €358,297 | +€78,016 | +27.8% |
| Fixed assets | 21/28 | €35,205 | €23,447 | -€11,758 | -33.4% |
| Intangible fixed assets | 21 | €4,743 | €3,162 | -€1,581 | -33.3% |
| Tangible fixed assets | 22/27 | €30,462 | €20,285 | -€10,177 | -33.4% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €30,462 | €20,285 | -€10,177 | -33.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €245,076 | €334,850 | +€89,774 | +36.6% |
| Amounts receivable within one year | 40/41 | €50,624 | €56,205 | +€5,581 | +11.0% |
| Trade receivables | 40 | €48,004 | €13,566 | -€34,439 | -71.7% |
| Other amounts receivable | 41 | €2,619 | €42,639 | +€40,020 | +1527.8% |
| Cash at bank and in hand | 54/58 | €190,873 | €276,771 | +€85,898 | +45.0% |
| Deferred charges and accrued income | 490/1 | €3,579 | €1,874 | -€1,705 | -47.6% |
| Total equity and liabilities | 10/49 | €280,281 | €358,297 | +€78,016 | +27.8% |
| Equity | 10/15 | €124,037 | €187,510 | +€63,474 | +51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143,110 | €143,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €141,250 | €141,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,673 | €25,800 | +€63,474 | |
| Amounts payable | 17/49 | €156,245 | €170,787 | +€14,542 | +9.3% |
| Amounts payable after more than one year | 17 | €14,875 | €7,214 | -€7,661 | -51.5% |
| Financial debts | 170/4 | €14,875 | €7,214 | -€7,661 | -51.5% |
| Amounts payable within one year | 42/48 | €138,136 | €163,573 | +€25,438 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €7,449 | €19,192 | +€11,742 | +157.6% |
| Trade debts | 44 | €86,473 | €37,189 | -€49,284 | -57.0% |
| Suppliers | 440/4 | €86,473 | €37,189 | -€49,284 | -57.0% |
| Taxes, remuneration and social security | 45 | €44,005 | €37,192 | -€6,813 | -15.5% |
| Taxes | 450/3 | €26,376 | €21,038 | -€5,338 | -20.2% |
| Remuneration and social security | 454/9 | €17,628 | €16,154 | -€1,475 | -8.4% |
| Other amounts payable | 47/48 | €208 | €70,000 | +€69,792 | +33570.0% |
| Accrued charges and deferred income | 492/3 | €3,235 | €0 | -€3,235 | -100.0% |
| Remuneration, social security and pensions | 62 | €109,166 | €91,009 | -€18,157 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,094 | €11,758 | +€1,664 | +16.5% |
| Other operating charges | 640/8 | €2,597 | €701 | -€1,896 | -73.0% |
| Gross operating margin | 9900 | €236,663 | €225,198 | -€11,466 | -4.8% |
| Operating profit (loss) | 9901 | €114,807 | €121,730 | +€6,923 | +6.0% |
| Financial income | 75/76B | €790 | €3,122 | +€2,332 | +295.3% |
| Recurring financial income | 75 | €790 | €3,122 | +€2,332 | +295.3% |
| Financial charges | 65/66B | €1,085 | €743 | -€342 | -31.5% |
| Recurring financial charges | 65 | €1,085 | €743 | -€342 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €114,511 | €124,108 | +€9,597 | +8.4% |
| Income taxes | 67/77 | €23,017 | -€9,365 | -€32,382 | |
| Profit (loss) for the period | 9904 | €91,494 | €133,474 | +€41,979 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,494 | €133,474 | +€41,979 | +45.9% |
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.