C-BA: 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-BA
Largest movements
- Cash +€78,650
up €78,650 (+31.9%), from €246,772 to €325,422
mainly Net result for the year (+€251,163) and Other debts (+€154,786)
- Receivables within one year +€43,623
up €43,623 (+49.9%), from €87,340 to €130,963
of which Trade receivables: +€27,201
- Tangible fixed assets -€33,802
down €33,802 (-23.5%), from €143,559 to €109,757
of which Other tangible fixed assets: -€17,738
- Financial fixed assets -€25,625
down €25,625 (-100.0%), from €25,625 to €0
- Other debts +€154,786
up €154,786 (+48.5%), from €318,830 to €473,616
- Reserves -€90,000
down €90,000 (-98.3%), from €91,580 to €1,580
- Tax, wage and social debts +€38,209
up €38,209 (+135.0%), from €28,312 to €66,520
of which Taxes: +€42,254
- Trade debts -€36,170
down €36,170 (-93.3%), from €38,757 to €2,586
- Gross operating margin +€284,708
up €284,708 (+220.4%), from €129,175 to €413,883
- Taxes +€60,578
up €60,578 (+236.6%), from €25,605 to €86,182
- Other operating charges -€18,102
down €18,102 (-88.8%), from €20,379 to €2,277
- Depreciation +€9,550
up €9,550 (+39.4%), from €24,251 to €33,802
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,093 | €566,237 | +€62,144 | +12.3% |
| Fixed assets | 21/28 | €169,184 | €109,757 | -€59,427 | -35.1% |
| Tangible fixed assets | 22/27 | €143,559 | €109,757 | -€33,802 | -23.5% |
| Land and buildings | 22 | €10,200 | €10,200 | = | 0.0% |
| Furniture and vehicles | 24 | €28,293 | €12,230 | -€16,064 | -56.8% |
| Other tangible fixed assets | 26 | €105,065 | €87,327 | -€17,738 | -16.9% |
| Financial fixed assets | 28 | €25,625 | €0 | -€25,625 | -100.0% |
| Current assets | 29/58 | €334,909 | €456,480 | +€121,571 | +36.3% |
| Amounts receivable within one year | 40/41 | €87,340 | €130,963 | +€43,623 | +49.9% |
| Trade receivables | 40 | €9,728 | €36,929 | +€27,201 | +279.6% |
| Other amounts receivable | 41 | €77,612 | €94,034 | +€16,422 | +21.2% |
| Cash at bank and in hand | 54/58 | €246,772 | €325,422 | +€78,650 | +31.9% |
| Deferred charges and accrued income | 490/1 | €797 | €96 | -€701 | -88.0% |
| Total equity and liabilities | 10/49 | €504,093 | €566,237 | +€62,144 | +12.3% |
| Equity | 10/15 | €110,180 | €20,180 | -€90,000 | -81.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,580 | €1,580 | -€90,000 | -98.3% |
| Distributable reserves | 133 | €91,580 | €1,580 | -€90,000 | -98.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €393,914 | €546,058 | +€152,144 | +38.6% |
| Amounts payable within one year | 42/48 | €385,898 | €542,722 | +€156,824 | +40.6% |
| Trade debts | 44 | €38,757 | €2,586 | -€36,170 | -93.3% |
| Suppliers | 440/4 | €38,757 | €2,586 | -€36,170 | -93.3% |
| Taxes, remuneration and social security | 45 | €28,312 | €66,520 | +€38,209 | +135.0% |
| Taxes | 450/3 | €24,267 | €66,520 | +€42,254 | +174.1% |
| Remuneration and social security | 454/9 | €4,045 | €0 | -€4,045 | -100.0% |
| Other amounts payable | 47/48 | €318,830 | €473,616 | +€154,786 | +48.5% |
| Accrued charges and deferred income | 492/3 | €8,015 | €3,335 | -€4,680 | -58.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,251 | €33,802 | +€9,550 | +39.4% |
| Other operating charges | 640/8 | €20,379 | €2,277 | -€18,102 | -88.8% |
| Non-recurring operating charges | 66A | - | €33,336 | +€33,336 | |
| Gross operating margin | 9900 | €129,175 | €413,883 | +€284,708 | +220.4% |
| Operating profit (loss) | 9901 | €84,544 | €344,467 | +€259,924 | +307.4% |
| Financial income | 75/76B | - | €720 | +€720 | |
| Recurring financial income | 75 | - | €720 | +€720 | |
| Financial charges | 65/66B | €9,906 | €7,843 | -€2,063 | -20.8% |
| Recurring financial charges | 65 | €9,906 | €7,843 | -€2,063 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €74,638 | €337,345 | +€262,707 | +352.0% |
| Income taxes | 67/77 | €25,605 | €86,182 | +€60,578 | +236.6% |
| Profit (loss) for the period | 9904 | €49,033 | €251,163 | +€202,130 | +412.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,033 | €251,163 | +€202,130 | +412.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.