C.L.: 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.L.
Largest movements
- Receivables within one year +€2,574
new in 2025: €2,574
- Tangible fixed assets -€2,311
down €2,311 (-2.7%), from €84,551 to €82,240
- Other debts -€1,966
down €1,966 (-77.7%), from €2,530 to €564
- Trade debts +€1,565
up €1,565 (+404.1%), from €387 to €1,953
- Depreciation +€939
up €939 (+38.4%), from €2,447 to €3,386
- Gross operating margin -€398
down €398 (-6.2%), from €6,390 to €5,992
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 | €86,213 | €86,324 | +€111 | +0.1% |
| Fixed assets | 21/28 | €84,551 | €82,240 | -€2,311 | -2.7% |
| Tangible fixed assets | 22/27 | €84,551 | €82,240 | -€2,311 | -2.7% |
| Land and buildings | 22 | €84,551 | €82,240 | -€2,311 | -2.7% |
| Current assets | 29/58 | €1,661 | €4,084 | +€2,422 | +145.8% |
| Amounts receivable within one year | 40/41 | - | €2,574 | +€2,574 | |
| Other amounts receivable | 41 | - | €2,574 | +€2,574 | |
| Cash at bank and in hand | 54/58 | €1,661 | €1,509 | -€152 | -9.2% |
| Total equity and liabilities | 10/49 | €86,213 | €86,324 | +€111 | +0.1% |
| Equity | 10/15 | €82,907 | €83,411 | +€504 | +0.6% |
| Contributions | 10/11 | €30,862 | €30,862 | = | 0.0% |
| Revaluation surpluses | 12 | €48,829 | €48,829 | = | 0.0% |
| Reserves | 13 | €3,216 | €3,719 | +€504 | +15.7% |
| Distributable reserves | 133 | €3,216 | €3,719 | +€504 | +15.7% |
| Amounts payable | 17/49 | €3,305 | €2,913 | -€393 | -11.9% |
| Amounts payable within one year | 42/48 | €2,917 | €2,516 | -€401 | -13.7% |
| Trade debts | 44 | €387 | €1,953 | +€1,565 | +404.1% |
| Suppliers | 440/4 | €387 | €1,953 | +€1,565 | +404.1% |
| Other amounts payable | 47/48 | €2,530 | €564 | -€1,966 | -77.7% |
| Accrued charges and deferred income | 492/3 | €388 | €396 | +€9 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,447 | €3,386 | +€939 | +38.4% |
| Other operating charges | 640/8 | €2,058 | €2,097 | +€38 | +1.9% |
| Gross operating margin | 9900 | €6,390 | €5,992 | -€398 | -6.2% |
| Operating profit (loss) | 9901 | €1,885 | €509 | -€1,376 | -73.0% |
| Financial income | 75/76B | €41 | €70 | +€29 | +69.9% |
| Recurring financial income | 75 | €41 | €70 | +€29 | +69.9% |
| Financial charges | 65/66B | €104 | €75 | -€29 | -27.5% |
| Recurring financial charges | 65 | €104 | €75 | -€29 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €1,822 | €504 | -€1,319 | -72.4% |
| Profit (loss) for the period | 9904 | €1,822 | €504 | -€1,319 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,822 | €504 | -€1,319 | -72.4% |
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 6 October 2026 via checked.be.