C.B.T. CONCEPT: 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.T. CONCEPT
Largest movements
- Tangible fixed assets +€14,523
up €14,523 (+332%), from €4,377 to €18,900
- Receivables within one year -€11,175
down €11,175 (-9.3%), from €120,350 to €109,175
of which Trade receivables: -€16,890
- Cash -€1,510
down €1,510 (-79.7%), from €1,896 to €386
mainly Other debts (-€19,512) and Investment in fixed assets (net) (-€17,640)
- Other debts -€19,512
down €19,512 (-98.0%), from €19,912 to €400
- Trade debts +€18,059
up €18,059 (+30.9%), from €58,507 to €76,566
- Tax, wage and social debts +€4,119
up €4,119 (+191,590%), from €2 to €4,121
- Gross operating margin +€7,505
up €7,505 (+233%), from €3,226 to €10,731
- Taxes +€4,117
up €4,117 (+191,490%), from €2 to €4,119
- Other operating charges +€1,939
up €1,939 (+202%), from €958 to €2,897
- Depreciation +€873
up €873 (+38.9%), from €2,244 to €3,117
- Financial charges -€460
down €460 (-34.4%), from €1,338 to €878
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.
Derived cash bridge
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 | €127,648 | €130,037 | +€2,389 | +1.9% |
| Fixed assets | 21/28 | €4,377 | €18,900 | +€14,523 | +332% |
| Tangible fixed assets | 22/27 | €4,377 | €18,900 | +€14,523 | +332% |
| Furniture and vehicles | 24 | €4,377 | €18,900 | +€14,523 | +332% |
| Current assets | 29/58 | €123,271 | €111,137 | -€12,134 | -9.8% |
| Amounts receivable within one year | 40/41 | €120,350 | €109,175 | -€11,175 | -9.3% |
| Trade receivables | 40 | €114,925 | €98,034 | -€16,890 | -14.7% |
| Other amounts receivable | 41 | €5,425 | €11,141 | +€5,716 | +105% |
| Cash at bank and in hand | 54/58 | €1,896 | €386 | -€1,510 | -79.7% |
| Deferred charges and accrued income | 490/1 | €1,025 | €1,576 | +€551 | +53.8% |
| Total equity and liabilities | 10/49 | €127,648 | €130,037 | +€2,389 | +1.9% |
| Equity | 10/15 | €49,228 | €48,951 | -€277 | -0.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,544 | €49,544 | = | 0.0% |
| Distributable reserves | 133 | €49,544 | €49,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,316 | -€1,593 | -€277 | -21.0% |
| Amounts payable | 17/49 | €78,421 | €81,087 | +€2,666 | +3.4% |
| Amounts payable within one year | 42/48 | €78,421 | €81,087 | +€2,666 | +3.4% |
| Trade debts | 44 | €58,507 | €76,566 | +€18,059 | +30.9% |
| Suppliers | 440/4 | €58,507 | €76,566 | +€18,059 | +30.9% |
| Taxes, remuneration and social security | 45 | €2 | €4,121 | +€4,119 | +191,590% |
| Taxes | 450/3 | €2 | €4,121 | +€4,119 | +191,590% |
| Other amounts payable | 47/48 | €19,912 | €400 | -€19,512 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,244 | €3,117 | +€873 | +38.9% |
| Other operating charges | 640/8 | €958 | €2,897 | +€1,939 | +202% |
| Gross operating margin | 9900 | €3,226 | €10,731 | +€7,505 | +233% |
| Operating profit (loss) | 9901 | €24 | €4,717 | +€4,693 | +19,753% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,338 | €878 | -€460 | -34.4% |
| Recurring financial charges | 65 | €1,338 | €878 | -€460 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,314 | €3,842 | +€5,157 | |
| Income taxes | 67/77 | €2 | €4,119 | +€4,117 | +191,490% |
| Profit (loss) for the period | 9904 | -€1,316 | -€277 | +€1,040 | +79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,316 | -€277 | +€1,040 | +79.0% |
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 30 October 2026 via checked.be.