c-ie: 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-ie
Largest movements
- Cash -€25,709
down €25,709 (-73.9%), from €34,775 to €9,066
mainly Contributions, distributions and other (-€70,000) and Receivables within one year (-€20,799)
- Receivables within one year +€20,799
up €20,799 (+130.1%), from €15,992 to €36,790
of which Trade receivables: +€18,116
- Tangible fixed assets -€11,565
down €11,565 (-16.2%), from €71,292 to €59,727
- Other debts +€31,163
up €31,163 (+44.2%), from €70,468 to €101,631
- Reserves -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Profit (loss) carried forward -€17,516
down €17,516 (-97.5%), from €17,958 to €443
- Tax, wage and social debts -€1,787
down €1,787 (-23.7%), from €7,526 to €5,739
- Gross operating margin +€11,929
up €11,929 (+37.4%), from €31,883 to €43,813
- Depreciation +€3,950
up €3,950 (+44.4%), from €8,903 to €12,853
- Taxes +€3,318
up €3,318 (+65.1%), from €5,098 to €8,416
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 | €126,446 | €108,898 | -€17,548 | -13.9% |
| Fixed assets | 21/28 | €71,292 | €59,727 | -€11,565 | -16.2% |
| Tangible fixed assets | 22/27 | €71,292 | €59,727 | -€11,565 | -16.2% |
| Furniture and vehicles | 24 | €71,292 | €59,727 | -€11,565 | -16.2% |
| Current assets | 29/58 | €55,154 | €49,171 | -€5,983 | -10.8% |
| Amounts receivable within one year | 40/41 | €15,992 | €36,790 | +€20,799 | +130.1% |
| Trade receivables | 40 | €13,090 | €31,206 | +€18,116 | +138.4% |
| Other amounts receivable | 41 | €2,902 | €5,584 | +€2,683 | +92.5% |
| Cash at bank and in hand | 54/58 | €34,775 | €9,066 | -€25,709 | -73.9% |
| Deferred charges and accrued income | 490/1 | €4,387 | €3,314 | -€1,073 | -24.4% |
| Total equity and liabilities | 10/49 | €126,446 | €108,898 | -€17,548 | -13.9% |
| Equity | 10/15 | €47,959 | €444 | -€47,516 | -99.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €30,000 | €0 | -€30,000 | -100.0% |
| Distributable reserves | 133 | €30,000 | €0 | -€30,000 | -100.0% |
| Profit (loss) carried forward | 14 | €17,958 | €443 | -€17,516 | -97.5% |
| Amounts payable | 17/49 | €78,487 | €108,455 | +€29,968 | +38.2% |
| Amounts payable within one year | 42/48 | €78,119 | €107,407 | +€29,288 | +37.5% |
| Trade debts | 44 | €125 | €37 | -€88 | -70.6% |
| Suppliers | 440/4 | €125 | €37 | -€88 | -70.6% |
| Taxes, remuneration and social security | 45 | €7,526 | €5,739 | -€1,787 | -23.7% |
| Taxes | 450/3 | €7,526 | €5,739 | -€1,787 | -23.7% |
| Other amounts payable | 47/48 | €70,468 | €101,631 | +€31,163 | +44.2% |
| Accrued charges and deferred income | 492/3 | €368 | €1,048 | +€680 | +184.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,903 | €12,853 | +€3,950 | +44.4% |
| Other operating charges | 640/8 | €95 | €0 | -€95 | -100.0% |
| Gross operating margin | 9900 | €31,883 | €43,813 | +€11,929 | +37.4% |
| Operating profit (loss) | 9901 | €22,885 | €30,960 | +€8,074 | +35.3% |
| Financial income | 75/76B | €179 | €1 | -€178 | -99.4% |
| Recurring financial income | 75 | €179 | €1 | -€178 | -99.4% |
| Financial charges | 65/66B | €182 | €60 | -€122 | -67.0% |
| Recurring financial charges | 65 | €182 | €60 | -€122 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | €22,883 | €30,901 | +€8,018 | +35.0% |
| Income taxes | 67/77 | €5,098 | €8,416 | +€3,318 | +65.1% |
| Profit (loss) for the period | 9904 | €17,784 | €22,484 | +€4,700 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,784 | €22,484 | +€4,700 | +26.4% |
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 9 October 2026 via checked.be.