C.FL.: what changed
Two fiscal 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.FL.
Largest movements
- Current investments +€37,825
up €37,825 (+189.1%), from €20,003 to €57,828
- Receivables within one year -€6,419
down €6,419 (-67.9%), from €9,452 to €3,033
- Cash -€1,594
down €1,594 (-4.7%), from €34,228 to €32,634
mainly Contributions, distributions and other (-€73,733) and Current investments (-€37,825)
- Other debts +€25,722
up €25,722 (+53.6%), from €48,011 to €73,733
- Tax, wage and social debts +€3,459
up €3,459 (+32.6%), from €10,620 to €14,079
of which Taxes: +€2,807
- Gross operating margin +€27,726
up €27,726 (+39.9%), from €69,493 to €97,219
- Taxes +€3,743
up €3,743 (+25.6%), from €14,592 to €18,335
- Other operating charges -€1,511
down €1,511 (-35.1%), from €4,306 to €2,795
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 | €69,973 | €98,677 | +€28,704 | +41.0% |
| Fixed assets | 21/28 | €2,298 | €2,004 | -€294 | -12.8% |
| Tangible fixed assets | 22/27 | €2,224 | €1,931 | -€294 | -13.2% |
| Furniture and vehicles | 24 | €2,224 | €1,931 | -€294 | -13.2% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €67,675 | €96,673 | +€28,998 | +42.8% |
| Amounts receivable within one year | 40/41 | €9,452 | €3,033 | -€6,419 | -67.9% |
| Other amounts receivable | 41 | €9,452 | €3,033 | -€6,419 | -67.9% |
| Current investments | 50/53 | €20,003 | €57,828 | +€37,825 | +189.1% |
| Cash at bank and in hand | 54/58 | €34,228 | €32,634 | -€1,594 | -4.7% |
| Deferred charges and accrued income | 490/1 | €3,992 | €3,178 | -€814 | -20.4% |
| Total equity and liabilities | 10/49 | €69,973 | €98,677 | +€28,704 | +41.0% |
| Equity | 10/15 | €8,060 | €8,060 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €61,913 | €90,617 | +€28,704 | +46.4% |
| Amounts payable within one year | 42/48 | €61,913 | €90,617 | +€28,704 | +46.4% |
| Trade debts | 44 | €3,283 | €2,805 | -€477 | -14.5% |
| Suppliers | 440/4 | €3,283 | €2,805 | -€477 | -14.5% |
| Taxes, remuneration and social security | 45 | €10,620 | €14,079 | +€3,459 | +32.6% |
| Taxes | 450/3 | €8,771 | €11,579 | +€2,807 | +32.0% |
| Remuneration and social security | 454/9 | €1,848 | €2,500 | +€652 | +35.3% |
| Other amounts payable | 47/48 | €48,011 | €73,733 | +€25,722 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €588 | -€107 | -15.4% |
| Other operating charges | 640/8 | €4,306 | €2,795 | -€1,511 | -35.1% |
| Gross operating margin | 9900 | €69,493 | €97,219 | +€27,726 | +39.9% |
| Operating profit (loss) | 9901 | €64,493 | €93,836 | +€29,344 | +45.5% |
| Financial income | 75/76B | €135 | €84 | -€51 | -37.8% |
| Recurring financial income | 75 | €135 | €84 | -€51 | -37.8% |
| Financial charges | 65/66B | €2,024 | €1,852 | -€172 | -8.5% |
| Recurring financial charges | 65 | €2,024 | €1,852 | -€172 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €62,603 | €92,069 | +€29,465 | +47.1% |
| Income taxes | 67/77 | €14,592 | €18,335 | +€3,743 | +25.6% |
| Profit (loss) for the period | 9904 | €48,011 | €73,733 | +€25,722 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,011 | €73,733 | +€25,722 | +53.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.