C&N HOLDING: 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&N HOLDING
Largest movements
- Receivables within one year +€70,000
new in 2025: €70,000
- Cash -€23,491
down €23,491 (-20.3%), from €115,717 to €92,226
mainly Receivables within one year (-€70,000) and Debts after one year (-€22,003)
- Profit (loss) carried forward +€67,868
up €67,868 (+28.7%), from €236,568 to €304,436
- Debts after one year -€22,003
down €22,003 (-49.7%), from €44,304 to €22,301
- Financial income +€20,105
up €20,105 (+40.2%), from €50,000 to €70,105
- Financial charges -€289
down €289 (-23.3%), from €1,241 to €952
- Gross operating margin +€143
up €143 (+20.0%), from -€714 to -€572
- Purchases and services -€143
down €143 (-20.0%), from €714 to €572
- Other operating charges +€129
up €129 (+22.0%), from €585 to €714
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 | €481,369 | €527,878 | +€46,509 | +9.7% |
| Fixed assets | 21/28 | €365,652 | €365,652 | = | 0.0% |
| Financial fixed assets | 28 | €365,652 | €365,652 | = | 0.0% |
| Current assets | 29/58 | €115,717 | €162,226 | +€46,509 | +40.2% |
| Amounts receivable within one year | 40/41 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 41 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €115,717 | €92,226 | -€23,491 | -20.3% |
| Total equity and liabilities | 10/49 | €481,369 | €527,878 | +€46,509 | +9.7% |
| Equity | 10/15 | €261,568 | €329,436 | +€67,868 | +25.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,568 | €304,436 | +€67,868 | +28.7% |
| Amounts payable | 17/49 | €219,801 | €198,442 | -€21,358 | -9.7% |
| Amounts payable after more than one year | 17 | €44,304 | €22,301 | -€22,003 | -49.7% |
| Financial debts | 170/4 | €44,304 | €22,301 | -€22,003 | -49.7% |
| Amounts payable within one year | 42/48 | €175,497 | €176,142 | +€645 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €21,710 | €22,003 | +€293 | +1.4% |
| Trade debts | 44 | - | €352 | +€352 | |
| Suppliers | 440/4 | - | €352 | +€352 | |
| Other amounts payable | 47/48 | €153,787 | €153,787 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €714 | €572 | -€143 | -20.0% |
| Other operating charges | 640/8 | €585 | €714 | +€129 | +22.0% |
| Gross operating margin | 9900 | -€714 | -€572 | +€143 | +20.0% |
| Operating profit (loss) | 9901 | -€1,300 | -€1,286 | +€14 | +1.1% |
| Financial income | 75/76B | €50,000 | €70,105 | +€20,105 | +40.2% |
| Recurring financial income | 75 | €50,000 | €70,105 | +€20,105 | +40.2% |
| Financial charges | 65/66B | €1,241 | €952 | -€289 | -23.3% |
| Recurring financial charges | 65 | €1,241 | €952 | -€289 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €47,460 | €67,868 | +€20,408 | +43.0% |
| Profit (loss) for the period | 9904 | €47,460 | €67,868 | +€20,408 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,460 | €67,868 | +€20,408 | +43.0% |
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 16 October 2026 via checked.be.