C & E Bezettingswerken: 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 & E Bezettingswerken
Largest movements
- Cash +€54,312
up €54,312 (+30.7%), from €176,837 to €231,149
mainly Net result for the year (+€88,104) and Deferred charges and accrued income (+€42,897)
- Receivables within one year +€50,761
up €50,761 (+34.3%), from €147,930 to €198,691
of which Trade receivables: +€62,371
- Deferred charges and accrued income -€42,897
no longer reported in 2025 (was €42,897)
- Tangible fixed assets +€27,241
up €27,241 (+115.8%), from €23,531 to €50,772
of which Furniture and vehicles: +€25,400
- Reserves +€88,104
up €88,104 (+43.2%), from €203,992 to €292,096
of which Distributable reserves: +€88,104
- Advances received -€38,220
no longer reported in 2025 (was €38,220)
- Tax, wage and social debts +€29,211
up €29,211 (+60.4%), from €48,359 to €77,569
- Debts after one year +€15,511
new in 2025: €15,511
- Trade debts -€14,632
down €14,632 (-36.1%), from €40,541 to €25,909
- Gross operating margin -€36,824
down €36,824 (-16.6%), from €221,830 to €185,006
- Taxes +€12,623
up €12,623 (+25.4%), from €49,760 to €62,383
- Depreciation +€10,809
up €10,809 (+269.8%), from €4,006 to €14,815
- Other operating charges +€6,267
up €6,267 (+135.5%), from €4,626 to €10,892
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 | €401,494 | €488,684 | +€87,189 | +21.7% |
| Fixed assets | 21/28 | €33,831 | €58,844 | +€25,013 | +73.9% |
| Tangible fixed assets | 22/27 | €23,531 | €50,772 | +€27,241 | +115.8% |
| Plant, machinery and equipment | 23 | €7,509 | €9,350 | +€1,841 | +24.5% |
| Furniture and vehicles | 24 | €16,022 | €41,422 | +€25,400 | +158.5% |
| Financial fixed assets | 28 | €10,300 | €8,072 | -€2,228 | -21.6% |
| Current assets | 29/58 | €367,663 | €429,839 | +€62,176 | +16.9% |
| Amounts receivable within one year | 40/41 | €147,930 | €198,691 | +€50,761 | +34.3% |
| Trade receivables | 40 | €112,084 | €174,456 | +€62,371 | +55.6% |
| Other amounts receivable | 41 | €35,845 | €24,235 | -€11,610 | -32.4% |
| Cash at bank and in hand | 54/58 | €176,837 | €231,149 | +€54,312 | +30.7% |
| Deferred charges and accrued income | 490/1 | €42,897 | - | -€42,897 | |
| Total equity and liabilities | 10/49 | €401,494 | €488,684 | +€87,189 | +21.7% |
| Equity | 10/15 | €272,065 | €350,169 | +€78,104 | +28.7% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €203,992 | €292,096 | +€88,104 | +43.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €203,992 | €292,096 | +€88,104 | +43.2% |
| Profit (loss) carried forward | 14 | €68,073 | €58,073 | -€10,000 | -14.7% |
| Amounts payable | 17/49 | €129,430 | €138,515 | +€9,085 | +7.0% |
| Amounts payable after more than one year | 17 | - | €15,511 | +€15,511 | |
| Financial debts | 170/4 | - | €15,511 | +€15,511 | |
| Amounts payable within one year | 42/48 | €129,430 | €123,003 | -€6,426 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | - | €5,499 | +€5,499 | |
| Financial debts | 43 | - | €9,599 | +€9,599 | |
| Credit institutions | 430/8 | - | €9,599 | +€9,599 | |
| Trade debts | 44 | €40,541 | €25,909 | -€14,632 | -36.1% |
| Suppliers | 440/4 | €40,541 | €25,909 | -€14,632 | -36.1% |
| Advances received on contracts in progress | 46 | €38,220 | - | -€38,220 | |
| Taxes, remuneration and social security | 45 | €48,359 | €77,569 | +€29,211 | +60.4% |
| Taxes | 450/3 | €48,359 | €77,569 | +€29,211 | +60.4% |
| Other amounts payable | 47/48 | €2,310 | €4,428 | +€2,118 | +91.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,006 | €14,815 | +€10,809 | +269.8% |
| Other operating charges | 640/8 | €4,626 | €10,892 | +€6,267 | +135.5% |
| Non-recurring operating charges | 66A | €568 | - | -€568 | |
| Gross operating margin | 9900 | €221,830 | €185,006 | -€36,824 | -16.6% |
| Operating profit (loss) | 9901 | €212,630 | €159,299 | -€53,331 | -25.1% |
| Financial income | 75/76B | €221 | - | -€221 | |
| Recurring financial income | 75 | €221 | - | -€221 | |
| Financial charges | 65/66B | €6,880 | €8,812 | +€1,932 | +28.1% |
| Recurring financial charges | 65 | €6,880 | €8,812 | +€1,932 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €205,971 | €150,487 | -€55,484 | -26.9% |
| Income taxes | 67/77 | €49,760 | €62,383 | +€12,623 | +25.4% |
| Profit (loss) for the period | 9904 | €156,211 | €88,104 | -€68,107 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €156,211 | €88,104 | -€68,107 | -43.6% |
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 11 October 2026 via checked.be.