C-Force: 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-Force
Largest movements
- Cash +€37,375
up €37,375 (+32.0%), from €116,937 to €154,312
mainly Net result for the year (+€31,839) and Depreciation (+€15,552)
- Tangible fixed assets -€14,395
down €14,395 (-43.7%), from €32,919 to €18,524
- Receivables after one year -€8,400
down €8,400 (-25.5%), from €33,000 to €24,600
- Receivables within one year -€5,669
down €5,669 (-17.1%), from €33,145 to €27,476
of which Other amounts receivable: -€6,500
- Reserves +€29,339
up €29,339 (+16.3%), from €179,781 to €209,120
of which Distributable reserves: +€29,339
- Tax, wage and social debts -€13,221
down €13,221 (-38.4%), from €34,434 to €21,213
of which Taxes: -€10,794
- Debts after one year -€9,234
down €9,234 (-79.9%), from €11,564 to €2,330
- Gross operating margin -€33,971
down €33,971 (-36.1%), from €93,976 to €60,005
- Taxes -€9,388
down €9,388 (-41.8%), from €22,468 to €13,080
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.
Derived cash bridge
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 | €258,885 | €268,112 | +€9,228 | +3.6% |
| Fixed assets | 21/28 | €32,919 | €18,524 | -€14,395 | -43.7% |
| Tangible fixed assets | 22/27 | €32,919 | €18,524 | -€14,395 | -43.7% |
| Furniture and vehicles | 24 | €32,919 | €18,524 | -€14,395 | -43.7% |
| Current assets | 29/58 | €225,966 | €249,588 | +€23,622 | +10.5% |
| Amounts receivable after more than one year | 29 | €33,000 | €24,600 | -€8,400 | -25.5% |
| Other amounts receivable | 291 | €33,000 | €24,600 | -€8,400 | -25.5% |
| Amounts receivable within one year | 40/41 | €33,145 | €27,476 | -€5,669 | -17.1% |
| Trade receivables | 40 | €15,645 | €16,476 | +€831 | +5.3% |
| Other amounts receivable | 41 | €17,500 | €11,000 | -€6,500 | -37.1% |
| Current investments | 50/53 | €42,885 | €43,200 | +€316 | +0.7% |
| Cash at bank and in hand | 54/58 | €116,937 | €154,312 | +€37,375 | +32.0% |
| Total equity and liabilities | 10/49 | €258,885 | €268,112 | +€9,228 | +3.6% |
| Equity | 10/15 | €198,373 | €227,712 | +€29,339 | +14.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €179,781 | €209,120 | +€29,339 | +16.3% |
| Tax-exempt reserves | 132 | €251 | €251 | = | 0.0% |
| Distributable reserves | 133 | €179,529 | €208,869 | +€29,339 | +16.3% |
| Amounts payable | 17/49 | €60,512 | €40,400 | -€20,112 | -33.2% |
| Amounts payable after more than one year | 17 | €11,564 | €2,330 | -€9,234 | -79.9% |
| Financial debts | 170/4 | €11,564 | €2,330 | -€9,234 | -79.9% |
| Amounts payable within one year | 42/48 | €48,948 | €38,070 | -€10,878 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €9,098 | €9,234 | +€136 | +1.5% |
| Trade debts | 44 | €2,915 | €5,123 | +€2,208 | +75.7% |
| Suppliers | 440/4 | €2,915 | €5,123 | +€2,208 | +75.7% |
| Taxes, remuneration and social security | 45 | €34,434 | €21,213 | -€13,221 | -38.4% |
| Taxes | 450/3 | €32,007 | €21,213 | -€10,794 | -33.7% |
| Remuneration and social security | 454/9 | €2,427 | €0 | -€2,427 | -100% |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,703 | €15,552 | -€151 | -1.0% |
| Other operating charges | 640/8 | €825 | €880 | +€55 | +6.7% |
| Gross operating margin | 9900 | €93,976 | €60,005 | -€33,971 | -36.1% |
| Operating profit (loss) | 9901 | €77,449 | €43,574 | -€33,875 | -43.7% |
| Financial income | 75/76B | €1,564 | €1,810 | +€246 | +15.7% |
| Recurring financial income | 75 | €1,564 | €1,810 | +€246 | +15.7% |
| Financial charges | 65/66B | €472 | €465 | -€7 | -1.5% |
| Recurring financial charges | 65 | €472 | €465 | -€7 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €78,541 | €44,920 | -€33,622 | -42.8% |
| Income taxes | 67/77 | €22,468 | €13,080 | -€9,388 | -41.8% |
| Profit (loss) for the period | 9904 | €56,073 | €31,839 | -€24,234 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,073 | €31,839 | -€24,234 | -43.2% |
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 24 October 2026 via checked.be.