C-Level Services: 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-Level Services
Largest movements
- Cash -€651,409
down €651,409 (-88.8%), from €733,466 to €82,057
mainly Current investments (-€380,542) and Contributions, distributions and other (-€181,176)
- Current investments +€380,542
new in 2025: €380,542
- Tangible fixed assets -€21,290
down €21,290 (-38.3%), from €55,615 to €34,325
- Profit (loss) carried forward -€268,871
down €268,871 (-87.3%), from €307,922 to €39,051
- Other debts +€23,892
up €23,892 (+28.7%), from €83,345 to €107,237
- Tax, wage and social debts -€23,467
down €23,467 (-55.9%), from €41,975 to €18,507
of which Remuneration and social security: -€11,851
- Debts after one year -€17,019
down €17,019 (-66.4%), from €25,649 to €8,630
- Gross operating margin -€241,464
down €241,464, from €175,106 to -€66,358
- Taxes -€48,189
down €48,189 (-99.3%), from €48,513 to €324
- Financial income +€5,875
up €5,875 (+246,866%), from €2 to €5,878
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 | €795,093 | €504,560 | -€290,533 | -36.5% |
| Fixed assets | 21/28 | €55,865 | €34,575 | -€21,290 | -38.1% |
| Tangible fixed assets | 22/27 | €55,615 | €34,325 | -€21,290 | -38.3% |
| Furniture and vehicles | 24 | €55,615 | €34,325 | -€21,290 | -38.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €739,229 | €469,986 | -€269,243 | -36.4% |
| Amounts receivable within one year | 40/41 | €3,445 | €4,384 | +€939 | +27.3% |
| Trade receivables | 40 | €3,445 | €0 | -€3,445 | -100% |
| Other amounts receivable | 41 | €0 | €4,384 | +€4,384 | |
| Current investments | 50/53 | - | €380,542 | +€380,542 | |
| Cash at bank and in hand | 54/58 | €733,466 | €82,057 | -€651,409 | -88.8% |
| Deferred charges and accrued income | 490/1 | €2,318 | €3,002 | +€684 | +29.5% |
| Total equity and liabilities | 10/49 | €795,093 | €504,560 | -€290,533 | -36.5% |
| Equity | 10/15 | €619,595 | €350,724 | -€268,871 | -43.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €293,073 | €293,073 | = | 0.0% |
| Distributable reserves | 133 | €293,073 | €293,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | €307,922 | €39,051 | -€268,871 | -87.3% |
| Amounts payable | 17/49 | €175,499 | €153,837 | -€21,662 | -12.3% |
| Amounts payable after more than one year | 17 | €25,649 | €8,630 | -€17,019 | -66.4% |
| Financial debts | 170/4 | €25,649 | €8,630 | -€17,019 | -66.4% |
| Amounts payable within one year | 42/48 | €149,823 | €145,195 | -€4,628 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €16,703 | €17,019 | +€316 | +1.9% |
| Trade debts | 44 | €7,800 | €2,432 | -€5,368 | -68.8% |
| Suppliers | 440/4 | €7,800 | €2,432 | -€5,368 | -68.8% |
| Taxes, remuneration and social security | 45 | €41,975 | €18,507 | -€23,467 | -55.9% |
| Taxes | 450/3 | €30,124 | €18,507 | -€11,617 | -38.6% |
| Remuneration and social security | 454/9 | €11,851 | €0 | -€11,851 | -100% |
| Other amounts payable | 47/48 | €83,345 | €107,237 | +€23,892 | +28.7% |
| Accrued charges and deferred income | 492/3 | €27 | €12 | -€15 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,840 | €23,760 | -€80 | -0.3% |
| Other operating charges | 640/8 | €1,202 | €1,095 | -€107 | -8.9% |
| Gross operating margin | 9900 | €175,106 | -€66,358 | -€241,464 | |
| Operating profit (loss) | 9901 | €150,064 | -€91,213 | -€241,277 | |
| Financial income | 75/76B | €2 | €5,878 | +€5,875 | +246,866% |
| Recurring financial income | 75 | €2 | €5,878 | +€5,875 | +246,866% |
| Financial charges | 65/66B | €1,157 | €2,035 | +€878 | +76.0% |
| Recurring financial charges | 65 | €1,157 | €2,035 | +€878 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €148,910 | -€87,370 | -€236,280 | |
| Income taxes | 67/77 | €48,513 | €324 | -€48,189 | -99.3% |
| Profit (loss) for the period | 9904 | €100,396 | -€87,695 | -€188,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €100,396 | -€87,695 | -€188,091 |
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 17 October 2026 via checked.be.