C Development & Programming: 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 Development & Programming
Largest movements
- Cash -€8,368
down €8,368 (-100.0%), from €8,369 to €1
- Tangible fixed assets -€6,580
down €6,580 (-86.8%), from €7,577 to €997
of which Furniture and vehicles: -€3,691
- Receivables within one year -€3,401
down €3,401 (-30.2%), from €11,262 to €7,861
of which Trade receivables: -€7,425
- Profit (loss) carried forward -€101,751
no longer reported in 2025 (was €101,751)
- Reserves +€57,839
up €57,839 (+3,118%), from €1,855 to €59,694
- Trade debts +€27,655
up €27,655 (+157%), from €17,603 to €45,258
- Short-term financial debts +€6,697
up €6,697 (+102%), from €6,551 to €13,248
of which Other loans: +€11,053
- Tax, wage and social debts -€6,010
down €6,010 (-23.5%), from €25,537 to €19,527
- Gross operating margin -€37,374
down €37,374, from €14,419 to -€22,955
- Taxes -€2,993
down €2,993 (-100.0%), from €2,993 to €0
- Financial charges +€2,704
up €2,704 (+45.0%), from €6,008 to €8,712
- Financial income +€468
up €468 (+17.4%), from €2,689 to €3,157
- Depreciation +€309
up €309 (+10.9%), from €2,826 to €3,135
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,459 | €158,901 | -€18,559 | -10.5% |
| Fixed assets | 21/28 | €7,577 | €997 | -€6,580 | -86.8% |
| Tangible fixed assets | 22/27 | €7,577 | €997 | -€6,580 | -86.8% |
| Plant, machinery and equipment | 23 | €2,890 | - | -€2,890 | |
| Furniture and vehicles | 24 | €4,688 | €997 | -€3,691 | -78.7% |
| Current assets | 29/58 | €169,882 | €157,903 | -€11,978 | -7.1% |
| Amounts receivable after more than one year | 29 | €146,346 | €146,548 | +€202 | +0.1% |
| Other amounts receivable | 291 | €146,346 | €146,548 | +€202 | +0.1% |
| Amounts receivable within one year | 40/41 | €11,262 | €7,861 | -€3,401 | -30.2% |
| Trade receivables | 40 | €7,425 | - | -€7,425 | |
| Other amounts receivable | 41 | €3,837 | €7,861 | +€4,024 | +105% |
| Cash at bank and in hand | 54/58 | €8,369 | €1 | -€8,368 | -100.0% |
| Deferred charges and accrued income | 490/1 | €3,904 | €3,493 | -€411 | -10.5% |
| Total equity and liabilities | 10/49 | €177,459 | €158,901 | -€18,559 | -10.5% |
| Equity | 10/15 | €124,607 | €80,695 | -€43,911 | -35.2% |
| Contributions | 10/11 | €21,001 | €21,001 | = | 0.0% |
| Reserves | 13 | €1,855 | €59,694 | +€57,839 | +3,118% |
| Distributable reserves | 133 | €1,855 | €59,694 | +€57,839 | +3,118% |
| Profit (loss) carried forward | 14 | €101,751 | - | -€101,751 | |
| Amounts payable | 17/49 | €52,853 | €78,205 | +€25,353 | +48.0% |
| Amounts payable after more than one year | 17 | €732 | - | -€732 | |
| Financial debts | 170/4 | €732 | - | -€732 | |
| Amounts payable within one year | 42/48 | €52,120 | €78,205 | +€26,085 | +50.0% |
| Current portion of amounts payable after more than one year | 42 | €2,429 | €173 | -€2,256 | -92.9% |
| Financial debts | 43 | €6,551 | €13,248 | +€6,697 | +102% |
| Credit institutions | 430/8 | €6,551 | €2,195 | -€4,356 | -66.5% |
| Other loans | 439 | - | €11,053 | +€11,053 | |
| Trade debts | 44 | €17,603 | €45,258 | +€27,655 | +157% |
| Suppliers | 440/4 | €17,603 | €45,258 | +€27,655 | +157% |
| Taxes, remuneration and social security | 45 | €25,537 | €19,527 | -€6,010 | -23.5% |
| Taxes | 450/3 | €25,537 | €19,527 | -€6,010 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,826 | €3,135 | +€309 | +10.9% |
| Other operating charges | 640/8 | €645 | €643 | -€2 | -0.4% |
| Gross operating margin | 9900 | €14,419 | -€22,955 | -€37,374 | |
| Operating profit (loss) | 9901 | €10,948 | -€26,733 | -€37,680 | |
| Financial income | 75/76B | €2,689 | €3,157 | +€468 | +17.4% |
| Recurring financial income | 75 | €2,689 | €3,157 | +€468 | +17.4% |
| Financial charges | 65/66B | €6,008 | €8,712 | +€2,704 | +45.0% |
| Recurring financial charges | 65 | €6,008 | €8,712 | +€2,704 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €7,628 | -€32,288 | -€39,916 | |
| Income taxes | 67/77 | €2,993 | €0 | -€2,993 | -100.0% |
| Profit (loss) for the period | 9904 | €4,635 | -€32,288 | -€36,923 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,635 | -€32,288 | -€36,923 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.