C-DFRNT: 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-DFRNT
Largest movements
- Receivables within one year +€31,870
up €31,870 (+308.3%), from €10,337 to €42,206
of which Trade receivables: +€27,258
- Cash -€16,130
down €16,130 (-32.3%), from €49,927 to €33,797
mainly Receivables within one year (-€31,870) and Trade debts (-€23,374)
- Tangible fixed assets -€1,644
down €1,644 (-50.3%), from €3,271 to €1,626
- Profit (loss) carried forward +€35,237
up €35,237 (+58.8%), from -€59,914 to -€24,676
- Trade debts -€23,374
down €23,374 (-34.0%), from €68,776 to €45,403
- Accrued charges and deferred income +€2,400
new in 2025: €2,400
- Gross operating margin +€97,427
up €97,427, from -€57,964 to €39,463
- Financial charges +€2,456
up €2,456 (+20470.4%), from €12 to €2,468
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 | €71,363 | €85,627 | +€14,264 | +20.0% |
| Fixed assets | 21/28 | €3,856 | €1,701 | -€2,154 | -55.9% |
| Tangible fixed assets | 22/27 | €3,271 | €1,626 | -€1,644 | -50.3% |
| Plant, machinery and equipment | 23 | €3,271 | €1,626 | -€1,644 | -50.3% |
| Financial fixed assets | 28 | €585 | €75 | -€510 | -87.2% |
| Current assets | 29/58 | €67,507 | €83,925 | +€16,418 | +24.3% |
| Stocks and contracts in progress | 3 | €6,451 | €7,130 | +€678 | +10.5% |
| Stocks | 30/36 | €3,451 | €7,130 | +€3,678 | +106.6% |
| Contracts in progress | 37 | €3,000 | - | -€3,000 | |
| Amounts receivable within one year | 40/41 | €10,337 | €42,206 | +€31,870 | +308.3% |
| Trade receivables | 40 | €9,160 | €36,418 | +€27,258 | +297.6% |
| Other amounts receivable | 41 | €1,177 | €5,788 | +€4,612 | +391.9% |
| Cash at bank and in hand | 54/58 | €49,927 | €33,797 | -€16,130 | -32.3% |
| Deferred charges and accrued income | 490/1 | €792 | €792 | = | 0.0% |
| Total equity and liabilities | 10/49 | €71,363 | €85,627 | +€14,264 | +20.0% |
| Equity | 10/15 | -€57,414 | -€22,176 | +€35,237 | +61.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,914 | -€24,676 | +€35,237 | +58.8% |
| Amounts payable | 17/49 | €128,776 | €107,803 | -€20,974 | -16.3% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €68,776 | €45,403 | -€23,374 | -34.0% |
| Trade debts | 44 | €68,776 | €45,403 | -€23,374 | -34.0% |
| Suppliers | 440/4 | €68,776 | €45,403 | -€23,374 | -34.0% |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €1,644 | -€18 | -1.1% |
| Other operating charges | 640/8 | €125 | €130 | +€5 | +4.3% |
| Non-recurring operating charges | 66A | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€57,964 | €39,463 | +€97,427 | |
| Operating profit (loss) | 9901 | -€59,902 | €37,688 | +€97,590 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €12 | €2,468 | +€2,456 | +20470.4% |
| Recurring financial charges | 65 | €12 | €2,468 | +€2,456 | +20470.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,914 | €35,237 | +€95,151 | |
| Profit (loss) for the period | 9904 | -€59,914 | €35,237 | +€95,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,914 | €35,237 | +€95,151 |
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 10 October 2026 via checked.be.