C-FIL: 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-FIL
Largest movements
- Cash +€1.3m
up €1.3m (+5160.6%), from €24,254 to €1.3m
mainly Net result for the year (+€2.1m) and Tax, wage and social debts (+€392,511)
- Receivables within one year +€1.2m
up €1.2m (+47.0%), from €2.6m to €3.8m
of which Other amounts receivable: +€1.3m
- Profit (loss) carried forward +€2.1m
up €2.1m (+99.9%), from €2.1m to €4.1m
- Tax, wage and social debts +€392,511
up €392,511 (+66.4%), from €591,077 to €983,588
- Gross operating margin +€1.0m
up €1.0m (+63.2%), from €1.6m to €2.6m
- Taxes +€304,458
up €304,458 (+80.7%), from €377,501 to €681,959
- Financial income +€150,036
new in 2025: €150,036
- Other operating charges -€82,696
down €82,696 (-97.9%), from €84,513 to €1,817
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 | €3,290,251 | €5,731,149 | +€2.4m | +74.2% |
| Fixed assets | 21/28 | €703,260 | €687,627 | -€15,633 | -2.2% |
| Tangible fixed assets | 22/27 | €703,260 | €687,627 | -€15,633 | -2.2% |
| Land and buildings | 22 | €703,260 | €687,627 | -€15,633 | -2.2% |
| Current assets | 29/58 | €2,586,991 | €5,043,522 | +€2.5m | +95.0% |
| Amounts receivable within one year | 40/41 | €2,562,737 | €3,767,619 | +€1.2m | +47.0% |
| Trade receivables | 40 | €232,320 | €156,816 | -€75,504 | -32.5% |
| Other amounts receivable | 41 | €2,330,417 | €3,610,803 | +€1.3m | +54.9% |
| Cash at bank and in hand | 54/58 | €24,254 | €1,275,903 | +€1.3m | +5160.6% |
| Total equity and liabilities | 10/49 | €3,290,251 | €5,731,149 | +€2.4m | +74.2% |
| Equity | 10/15 | €2,073,146 | €4,138,318 | +€2.1m | +99.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,068,146 | €4,133,318 | +€2.1m | +99.9% |
| Amounts payable | 17/49 | €1,217,105 | €1,592,831 | +€375,725 | +30.9% |
| Amounts payable after more than one year | 17 | €603,586 | €584,356 | -€19,229 | -3.2% |
| Financial debts | 170/4 | €603,586 | €581,356 | -€22,229 | -3.7% |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €613,520 | €1,008,475 | +€394,955 | +64.4% |
| Current portion of amounts payable after more than one year | 42 | €21,414 | €22,229 | +€815 | +3.8% |
| Trade debts | 44 | €1,029 | €2,657 | +€1,629 | +158.4% |
| Suppliers | 440/4 | €1,029 | €2,657 | +€1,629 | +158.4% |
| Taxes, remuneration and social security | 45 | €591,077 | €983,588 | +€392,511 | +66.4% |
| Taxes | 450/3 | €591,077 | €983,588 | +€392,511 | +66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €740 | €15,633 | +€14,894 | +2013.4% |
| Other operating charges | 640/8 | €84,513 | €1,817 | -€82,696 | -97.9% |
| Gross operating margin | 9900 | €1,616,030 | €2,637,999 | +€1.0m | +63.2% |
| Operating profit (loss) | 9901 | €1,530,778 | €2,620,549 | +€1.1m | +71.2% |
| Financial income | 75/76B | - | €150,036 | +€150,036 | |
| Recurring financial income | 75 | - | €150,036 | +€150,036 | |
| Financial charges | 65/66B | €933 | €23,454 | +€22,521 | +2412.8% |
| Recurring financial charges | 65 | €933 | €23,454 | +€22,521 | +2412.8% |
| Profit (loss) for the period before taxes | 9903 | €1,529,844 | €2,747,131 | +€1.2m | +79.6% |
| Income taxes | 67/77 | €377,501 | €681,959 | +€304,458 | +80.7% |
| Profit (loss) for the period | 9904 | €1,152,343 | €2,065,172 | +€912,829 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,152,343 | €2,065,172 | +€912,829 | +79.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.