C-Bright: 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-Bright
Largest movements
- Receivables within one year -€18,634
down €18,634 (-25.8%), from €72,286 to €53,653
- Stocks and contracts +€6,953
up €6,953 (+22.9%), from €30,379 to €37,332
- Tangible fixed assets -€2,969
down €2,969 (-5.8%), from €51,040 to €48,071
of which Furniture and vehicles: -€2,603
- Cash -€2,240
down €2,240 (-70.6%), from €3,172 to €932
mainly Net result for the year (-€62,584) and Stocks and contracts (-€6,953)
- Profit (loss) carried forward -€62,584
down €62,584 (-3331.2%), from -€1,879 to -€64,463
- Trade debts +€23,216
up €23,216 (+79.6%), from €29,148 to €52,364
- Debts after one year +€22,567
up €22,567 (+41.2%), from €54,750 to €77,317
of which Financial debts: +€22,567
- Short-term financial debts +€6,894
up €6,894 (+28.8%), from €23,979 to €30,873
- Tax, wage and social debts -€5,501
down €5,501 (-23.9%), from €23,032 to €17,530
- Gross operating margin -€69,334
down €69,334, from €19,851 to -€49,483
- Taxes -€3,970
down €3,970 (-93.2%), from €4,259 to €289
- Financial income -€1,458
down €1,458 (-64.2%), from €2,270 to €812
- Financial charges +€1,016
up €1,016 (+34.1%), from €2,976 to €3,992
- Depreciation -€962
down €962 (-10.6%), from €9,074 to €8,112
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 | €157,918 | €142,063 | -€15,855 | -10.0% |
| Fixed assets | 21/28 | €51,040 | €48,071 | -€2,969 | -5.8% |
| Tangible fixed assets | 22/27 | €51,040 | €48,071 | -€2,969 | -5.8% |
| Land and buildings | 22 | €32,917 | €33,536 | +€619 | +1.9% |
| Plant, machinery and equipment | 23 | €2,186 | €1,828 | -€358 | -16.4% |
| Furniture and vehicles | 24 | €3,976 | €1,374 | -€2,603 | -65.5% |
| Other tangible fixed assets | 26 | €11,961 | €11,333 | -€628 | -5.2% |
| Current assets | 29/58 | €106,878 | €93,992 | -€12,886 | -12.1% |
| Stocks and contracts in progress | 3 | €30,379 | €37,332 | +€6,953 | +22.9% |
| Stocks | 30/36 | €30,379 | €37,332 | +€6,953 | +22.9% |
| Amounts receivable within one year | 40/41 | €72,286 | €53,653 | -€18,634 | -25.8% |
| Trade receivables | 40 | €72,286 | €53,653 | -€18,634 | -25.8% |
| Cash at bank and in hand | 54/58 | €3,172 | €932 | -€2,240 | -70.6% |
| Deferred charges and accrued income | 490/1 | €1,040 | €2,075 | +€1,035 | +99.5% |
| Total equity and liabilities | 10/49 | €157,918 | €142,063 | -€15,855 | -10.0% |
| Equity | 10/15 | €20,998 | -€41,586 | -€62,584 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €2,417 | €2,417 | = | 0.0% |
| Distributable reserves | 133 | €2,417 | €2,417 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,879 | -€64,463 | -€62,584 | -3331.2% |
| Amounts payable | 17/49 | €136,920 | €183,649 | +€46,729 | +34.1% |
| Amounts payable after more than one year | 17 | €54,750 | €77,317 | +€22,567 | +41.2% |
| Financial debts | 170/4 | - | €22,567 | +€22,567 | |
| Other amounts payable | 178/9 | €54,750 | €54,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,170 | €106,332 | +€24,162 | +29.4% |
| Financial debts | 43 | €23,979 | €30,873 | +€6,894 | +28.8% |
| Credit institutions | 430/8 | €23,979 | €30,873 | +€6,894 | +28.8% |
| Trade debts | 44 | €29,148 | €52,364 | +€23,216 | +79.6% |
| Suppliers | 440/4 | €29,148 | €52,364 | +€23,216 | +79.6% |
| Taxes, remuneration and social security | 45 | €23,032 | €17,530 | -€5,501 | -23.9% |
| Taxes | 450/3 | €23,032 | €17,530 | -€5,501 | -23.9% |
| Other amounts payable | 47/48 | €6,011 | €5,564 | -€447 | -7.4% |
| Non-recurring operating income | 76A | €4,841 | €0 | -€4,841 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,074 | €8,112 | -€962 | -10.6% |
| Other operating charges | 640/8 | €2,025 | €1,520 | -€505 | -24.9% |
| Gross operating margin | 9900 | €19,851 | -€49,483 | -€69,334 | |
| Operating profit (loss) | 9901 | €8,752 | -€59,115 | -€67,867 | |
| Financial income | 75/76B | €2,270 | €812 | -€1,458 | -64.2% |
| Recurring financial income | 75 | €2,270 | €812 | -€1,458 | -64.2% |
| Financial charges | 65/66B | €2,976 | €3,992 | +€1,016 | +34.1% |
| Recurring financial charges | 65 | €2,976 | €3,992 | +€1,016 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €8,046 | -€62,295 | -€70,341 | |
| Income taxes | 67/77 | €4,259 | €289 | -€3,970 | -93.2% |
| Profit (loss) for the period | 9904 | €3,787 | -€62,584 | -€66,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,787 | -€62,584 | -€66,371 |
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 9 October 2026 via checked.be.