C-BOOST: 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-BOOST
Largest movements
- Cash -€75,273
down €75,273 (-38.0%), from €198,177 to €122,904
mainly Contributions, distributions and other (-€171,354) and Current investments (-€54,268)
- Current investments +€54,268
new in 2025: €54,268
- Receivables within one year +€11,979
up €11,979 (+25.7%), from €46,593 to €58,572
of which Trade receivables: +€11,979
- Reserves -€122,163
down €122,163 (-72.0%), from €169,598 to €47,435
- Other debts +€115,270
up €115,270 (+251.2%), from €45,893 to €161,164
- Financial income -€112,831
down €112,831 (-98.8%), from €114,204 to €1,373
of which Non-recurring financial income: -€114,204
- Taxes -€21,921
down €21,921 (-63.0%), from €34,793 to €12,872
- Gross operating margin +€16,852
up €16,852 (+34.9%), from €48,326 to €65,177
- Other operating charges -€885
down €885 (-62.3%), from €1,419 to €534
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 | €250,392 | €242,530 | -€7,863 | -3.1% |
| Fixed assets | 21/28 | €4,232 | €5,260 | +€1,028 | +24.3% |
| Tangible fixed assets | 22/27 | €4,232 | €5,260 | +€1,028 | +24.3% |
| Plant, machinery and equipment | 23 | €2,524 | €4,242 | +€1,718 | +68.1% |
| Furniture and vehicles | 24 | €1,708 | €1,018 | -€690 | -40.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €246,160 | €237,270 | -€8,890 | -3.6% |
| Amounts receivable within one year | 40/41 | €46,593 | €58,572 | +€11,979 | +25.7% |
| Trade receivables | 40 | €15,173 | €27,152 | +€11,979 | +78.9% |
| Other amounts receivable | 41 | €31,420 | €31,420 | = | 0.0% |
| Current investments | 50/53 | - | €54,268 | +€54,268 | |
| Cash at bank and in hand | 54/58 | €198,177 | €122,904 | -€75,273 | -38.0% |
| Deferred charges and accrued income | 490/1 | €1,390 | €1,526 | +€136 | +9.8% |
| Total equity and liabilities | 10/49 | €250,392 | €242,530 | -€7,863 | -3.1% |
| Equity | 10/15 | €174,598 | €52,435 | -€122,163 | -70.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €169,598 | €47,435 | -€122,163 | -72.0% |
| Distributable reserves | 133 | €169,598 | €47,435 | -€122,163 | -72.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €75,795 | €190,095 | +€114,300 | +150.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €75,420 | €189,720 | +€114,300 | +151.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,473 | €1,853 | -€620 | -25.1% |
| Suppliers | 440/4 | €2,473 | €1,853 | -€620 | -25.1% |
| Taxes, remuneration and social security | 45 | €27,054 | €26,703 | -€350 | -1.3% |
| Taxes | 450/3 | €24,804 | €24,553 | -€250 | -1.0% |
| Remuneration and social security | 454/9 | €2,250 | €2,150 | -€100 | -4.4% |
| Other amounts payable | 47/48 | €45,893 | €161,164 | +€115,270 | +251.2% |
| Accrued charges and deferred income | 492/3 | €375 | €375 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,375 | €1,561 | +€186 | +13.5% |
| Other operating charges | 640/8 | €1,419 | €534 | -€885 | -62.3% |
| Gross operating margin | 9900 | €48,326 | €65,177 | +€16,852 | +34.9% |
| Operating profit (loss) | 9901 | €45,532 | €63,081 | +€17,550 | +38.5% |
| Financial income | 75/76B | €114,204 | €1,373 | -€112,831 | -98.8% |
| Recurring financial income | 75 | €114,204 | €1,373 | -€112,831 | -98.8% |
| Non-recurring financial income | 76B | €114,204 | €0 | -€114,204 | -100.0% |
| Financial charges | 65/66B | €2,780 | €2,391 | -€389 | -14.0% |
| Recurring financial charges | 65 | €2,780 | €2,391 | -€389 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €156,956 | €62,064 | -€94,892 | -60.5% |
| Income taxes | 67/77 | €34,793 | €12,872 | -€21,921 | -63.0% |
| Profit (loss) for the period | 9904 | €122,163 | €49,191 | -€72,972 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,163 | €49,191 | -€72,972 | -59.7% |
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 8 October 2026 via checked.be.