C.B. CONSTRUCTION: 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.
C.B. CONSTRUCTION
Largest movements
- Receivables within one year +€75,016
up €75,016 (+217.9%), from €34,433 to €109,449
of which Trade receivables: +€51,181
- Cash -€70,117
down €70,117 (-48.8%), from €143,707 to €73,590
mainly Receivables within one year (-€75,016) and Other debts (-€37,252)
- Tangible fixed assets -€29,658
down €29,658 (-5.5%), from €541,867 to €512,209
of which Land and buildings: -€18,377
- Deferred charges and accrued income -€7,376
down €7,376 (-86.0%), from €8,574 to €1,198
- Other debts -€37,252
down €37,252 (-93.7%), from €39,742 to €2,490
- Trade debts -€30,687
down €30,687 (-57.2%), from €53,680 to €22,993
- Debts after one year +€15,613
up €15,613 (+11.3%), from €137,943 to €153,556
- Reserves +€12,408
up €12,408 (+26.4%), from €46,949 to €59,357
of which Distributable reserves: +€15,500
- Tax, wage and social debts +€7,832
up €7,832 (+50.8%), from €15,428 to €23,260
of which Remuneration and social security: +€7,074
- Gross operating margin -€46,022
down €46,022 (-13.1%), from €351,216 to €305,194
- Taxes -€15,342
down €15,342 (-69.2%), from €22,177 to €6,835
- Other operating charges +€9,038
up €9,038 (+177.3%), from €5,097 to €14,135
- Staff costs -€3,779
down €3,779 (-1.6%), from €239,705 to €235,926
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 | €728,581 | €696,446 | -€32,135 | -4.4% |
| Fixed assets | 21/28 | €541,867 | €512,209 | -€29,658 | -5.5% |
| Tangible fixed assets | 22/27 | €541,867 | €512,209 | -€29,658 | -5.5% |
| Land and buildings | 22 | €500,735 | €482,358 | -€18,377 | -3.7% |
| Plant, machinery and equipment | 23 | €27,536 | €20,599 | -€6,937 | -25.2% |
| Furniture and vehicles | 24 | €13,596 | €9,253 | -€4,343 | -31.9% |
| Current assets | 29/58 | €186,714 | €184,237 | -€2,477 | -1.3% |
| Amounts receivable within one year | 40/41 | €34,433 | €109,449 | +€75,016 | +217.9% |
| Trade receivables | 40 | €24,200 | €75,381 | +€51,181 | +211.5% |
| Other amounts receivable | 41 | €10,233 | €34,069 | +€23,836 | +232.9% |
| Cash at bank and in hand | 54/58 | €143,707 | €73,590 | -€70,117 | -48.8% |
| Deferred charges and accrued income | 490/1 | €8,574 | €1,198 | -€7,376 | -86.0% |
| Total equity and liabilities | 10/49 | €728,581 | €696,446 | -€32,135 | -4.4% |
| Equity | 10/15 | €446,670 | €459,260 | +€12,590 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Share premium | 1100/10 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €46,949 | €59,357 | +€12,408 | +26.4% |
| Tax-exempt reserves | 132 | €45,089 | €41,997 | -€3,092 | -6.9% |
| Distributable reserves | 133 | €1,860 | €17,360 | +€15,500 | +833.3% |
| Profit (loss) carried forward | 14 | €393,521 | €393,703 | +€182 | 0.0% |
| Provisions and deferred taxes | 16 | €11,272 | €10,499 | -€773 | -6.9% |
| Deferred taxes | 168 | €11,272 | €10,499 | -€773 | -6.9% |
| Amounts payable | 17/49 | €270,639 | €226,687 | -€43,952 | -16.2% |
| Amounts payable after more than one year | 17 | €137,943 | €153,556 | +€15,613 | +11.3% |
| Financial debts | 170/4 | €137,943 | €153,556 | +€15,613 | +11.3% |
| Amounts payable within one year | 42/48 | €132,696 | €73,131 | -€59,565 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €23,846 | €24,388 | +€542 | +2.3% |
| Trade debts | 44 | €53,680 | €22,993 | -€30,687 | -57.2% |
| Suppliers | 440/4 | €53,680 | €22,993 | -€30,687 | -57.2% |
| Taxes, remuneration and social security | 45 | €15,428 | €23,260 | +€7,832 | +50.8% |
| Taxes | 450/3 | €8,546 | €9,304 | +€758 | +8.9% |
| Remuneration and social security | 454/9 | €6,882 | €13,956 | +€7,074 | +102.8% |
| Other amounts payable | 47/48 | €39,742 | €2,490 | -€37,252 | -93.7% |
| Remuneration, social security and pensions | 62 | €239,705 | €235,926 | -€3,779 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,683 | €31,290 | +€2,607 | +9.1% |
| Other operating charges | 640/8 | €5,097 | €14,135 | +€9,038 | +177.3% |
| Non-recurring operating charges | 66A | €378 | €0 | -€378 | -100.0% |
| Gross operating margin | 9900 | €351,216 | €305,194 | -€46,022 | -13.1% |
| Operating profit (loss) | 9901 | €77,353 | €23,842 | -€53,511 | -69.2% |
| Financial income | 75/76B | €45 | €3 | -€42 | -93.3% |
| Recurring financial income | 75 | €45 | €3 | -€42 | -93.3% |
| Financial charges | 65/66B | €3,632 | €5,192 | +€1,560 | +43.0% |
| Recurring financial charges | 65 | €3,632 | €5,192 | +€1,560 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €73,766 | €18,652 | -€55,114 | -74.7% |
| Transfer from deferred taxes | 780 | €1,000 | €773 | -€227 | -22.7% |
| Income taxes | 67/77 | €22,177 | €6,835 | -€15,342 | -69.2% |
| Profit (loss) for the period | 9904 | €52,589 | €12,590 | -€39,999 | -76.1% |
| Transfer from tax-exempt reserves | 789 | €4,001 | €3,092 | -€909 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,590 | €15,682 | -€40,908 | -72.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.