C.Dautzenberg: 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.Dautzenberg
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Cash -€121,643
down €121,643 (-79.4%), from €153,250 to €31,607
mainly Current investments (-€125,000) and Tax, wage and social debts (-€23,464)
- Receivables within one year -€6,900
down €6,900 (-71.3%), from €9,680 to €2,780
of which Trade receivables: -€9,680
- Deferred charges and accrued income +€4,316
new in 2025: €4,316
- Tax, wage and social debts -€23,464
down €23,464 (-52.7%), from €44,517 to €21,053
- Reserves +€22,263
up €22,263 (+19.0%), from €117,186 to €139,449
- Accrued charges and deferred income +€2,000
new in 2025: €2,000
- Gross operating margin -€46,126
down €46,126 (-60.1%), from €76,747 to €30,620
- Taxes -€12,833
down €12,833 (-61.0%), from €21,053 to €8,220
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 | €162,930 | €163,702 | +€773 | +0.5% |
| Current assets | 29/58 | €162,930 | €163,702 | +€773 | +0.5% |
| Amounts receivable within one year | 40/41 | €9,680 | €2,780 | -€6,900 | -71.3% |
| Trade receivables | 40 | €9,680 | - | -€9,680 | |
| Other amounts receivable | 41 | - | €2,780 | +€2,780 | |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €153,250 | €31,607 | -€121,643 | -79.4% |
| Deferred charges and accrued income | 490/1 | - | €4,316 | +€4,316 | |
| Total equity and liabilities | 10/49 | €162,930 | €163,702 | +€773 | +0.5% |
| Equity | 10/15 | €118,386 | €140,649 | +€22,263 | +18.8% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €117,186 | €139,449 | +€22,263 | +19.0% |
| Distributable reserves | 133 | €117,186 | €139,449 | +€22,263 | +19.0% |
| Amounts payable | 17/49 | €44,544 | €23,053 | -€21,491 | -48.2% |
| Amounts payable within one year | 42/48 | €44,544 | €21,053 | -€23,491 | -52.7% |
| Trade debts | 44 | €27 | - | -€27 | |
| Suppliers | 440/4 | €27 | - | -€27 | |
| Taxes, remuneration and social security | 45 | €44,517 | €21,053 | -€23,464 | -52.7% |
| Taxes | 450/3 | €44,517 | €21,053 | -€23,464 | -52.7% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €76,747 | €30,620 | -€46,126 | -60.1% |
| Operating profit (loss) | 9901 | €76,685 | €30,558 | -€46,126 | -60.2% |
| Financial charges | 65/66B | €69 | €75 | +€6 | +8.6% |
| Recurring financial charges | 65 | €69 | €75 | +€6 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €76,616 | €30,483 | -€46,132 | -60.2% |
| Income taxes | 67/77 | €21,053 | €8,220 | -€12,833 | -61.0% |
| Profit (loss) for the period | 9904 | €55,562 | €22,263 | -€33,299 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,562 | €22,263 | -€33,299 | -59.9% |
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 24 October 2026 via checked.be.