C-Buildings: 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-Buildings
Largest movements
- Tangible fixed assets -€289,391
down €289,391 (-7.6%), from €3.8m to €3.5m
of which Land and buildings: -€282,468
- Receivables after one year -€154,265
no longer reported in 2025 (was €154,265)
- Cash +€66,559
up €66,559 (+22.5%), from €296,471 to €363,030
mainly Other debts (+€1.0m) and Depreciation (+€317,097)
- Other debts +€1.0m
new in 2025: €1.0m
- Reserves -€898,265
down €898,265 (-65.6%), from €1.4m to €470,515
of which Distributable reserves: -€898,264
- Debts after one year -€395,136
down €395,136 (-16.9%), from €2.3m to €1.9m
of which Financial debts: -€395,136
- Accrued charges and deferred income -€62,056
down €62,056 (-89.5%), from €69,329 to €7,273
- Trade debts +€59,644
up €59,644 (+4,783%), from €1,247 to €60,891
- Financial charges -€67,167
down €67,167 (-40.8%), from €164,459 to €97,292
- Taxes +€37,858
up €37,858, from -€1,973 to €35,885
- Gross operating margin +€11,317
up €11,317 (+1.9%), from €590,375 to €601,692
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 | €4,306,472 | €3,966,608 | -€339,864 | -7.9% |
| Fixed assets | 21/28 | €3,815,797 | €3,526,406 | -€289,391 | -7.6% |
| Tangible fixed assets | 22/27 | €3,815,797 | €3,526,406 | -€289,391 | -7.6% |
| Land and buildings | 22 | €3,803,096 | €3,520,628 | -€282,468 | -7.4% |
| Plant, machinery and equipment | 23 | - | €5,778 | +€5,778 | |
| Leasing and similar rights | 25 | €12,701 | - | -€12,701 | |
| Current assets | 29/58 | €490,675 | €440,202 | -€50,473 | -10.3% |
| Amounts receivable after more than one year | 29 | €154,265 | - | -€154,265 | |
| Other amounts receivable | 291 | €154,265 | - | -€154,265 | |
| Amounts receivable within one year | 40/41 | €39,939 | €77,172 | +€37,233 | +93.2% |
| Trade receivables | 40 | €22,883 | €60,116 | +€37,233 | +163% |
| Other amounts receivable | 41 | €17,056 | €17,056 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €296,471 | €363,030 | +€66,559 | +22.5% |
| Total equity and liabilities | 10/49 | €4,306,472 | €3,966,608 | -€339,864 | -7.9% |
| Equity | 10/15 | €1,430,753 | €532,488 | -€898,265 | -62.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,368,780 | €470,515 | -€898,265 | -65.6% |
| Non-distributable reserves | 130/1 | €6,198 | €6,197 | -€1 | 0.0% |
| Legal reserve | 130 | €6,198 | €6,197 | -€1 | 0.0% |
| Distributable reserves | 133 | €1,362,582 | €464,318 | -€898,264 | -65.9% |
| Amounts payable | 17/49 | €2,875,719 | €3,434,120 | +€558,401 | +19.4% |
| Amounts payable after more than one year | 17 | €2,344,954 | €1,949,818 | -€395,136 | -16.9% |
| Financial debts | 170/4 | €2,331,406 | €1,936,270 | -€395,136 | -16.9% |
| Other amounts payable | 178/9 | €13,548 | €13,548 | = | 0.0% |
| Amounts payable within one year | 42/48 | €461,436 | €1,477,029 | +€1.0m | +220% |
| Current portion of amounts payable after more than one year | 42 | €400,635 | €394,812 | -€5,823 | -1.5% |
| Trade debts | 44 | €1,247 | €60,891 | +€59,644 | +4,783% |
| Suppliers | 440/4 | €1,247 | €60,891 | +€59,644 | +4,783% |
| Taxes, remuneration and social security | 45 | €59,554 | €21,326 | -€38,228 | -64.2% |
| Taxes | 450/3 | €59,554 | €21,326 | -€38,228 | -64.2% |
| Other amounts payable | 47/48 | - | €1,000,000 | +€1.0m | |
| Accrued charges and deferred income | 492/3 | €69,329 | €7,273 | -€62,056 | -89.5% |
| Non-recurring operating income | 76A | €19,569 | - | -€19,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315,851 | €317,097 | +€1,246 | +0.4% |
| Other operating charges | 640/8 | €54,650 | €53,606 | -€1,044 | -1.9% |
| Non-recurring operating charges | 66A | €3,662 | - | -€3,662 | |
| Gross operating margin | 9900 | €590,375 | €601,692 | +€11,317 | +1.9% |
| Operating profit (loss) | 9901 | €216,212 | €230,989 | +€14,777 | +6.8% |
| Financial income | 75/76B | €8,024 | €3,923 | -€4,101 | -51.1% |
| Recurring financial income | 75 | €8,024 | €3,923 | -€4,101 | -51.1% |
| Financial charges | 65/66B | €164,459 | €97,292 | -€67,167 | -40.8% |
| Recurring financial charges | 65 | €164,459 | €97,292 | -€67,167 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €59,777 | €137,620 | +€77,843 | +130% |
| Income taxes | 67/77 | -€1,973 | €35,885 | +€37,858 | |
| Profit (loss) for the period | 9904 | €61,750 | €101,735 | +€39,985 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,750 | €101,735 | +€39,985 | +64.8% |
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 18 October 2026 via checked.be.