C & N Services: 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 & N Services
Largest movements
- Cash +€127,059
up €127,059 (+1049.3%), from €12,109 to €139,168
mainly Current investments (+€126,376) and Depreciation (+€13,290)
- Current investments -€126,376
no longer reported in 2025 (was €126,376)
- Tangible fixed assets -€13,290
down €13,290 (-25.4%), from €52,363 to €39,073
of which Land and buildings: -€12,041
- Receivables within one year -€11,649
down €11,649 (-86.5%), from €13,467 to €1,819
of which Trade receivables: -€13,213
- Debts after one year -€13,218
down €13,218 (-20.7%), from €63,843 to €50,625
- Reserves -€6,408
down €6,408 (-5.4%), from €117,632 to €111,224
of which Distributable reserves: -€6,408
- Tax, wage and social debts -€3,876
down €3,876 (-61.7%), from €6,283 to €2,407
- Gross operating margin -€19,602
down €19,602 (-39.5%), from €49,577 to €29,974
- Taxes -€4,928
down €4,928 (-52.0%), from €9,476 to €4,548
- Other operating charges -€1,816
down €1,816 (-76.2%), from €2,382 to €566
- Depreciation -€841
down €841 (-5.9%), from €14,131 to €13,290
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 | €205,666 | €181,410 | -€24,256 | -11.8% |
| Fixed assets | 21/28 | €53,713 | €40,423 | -€13,290 | -24.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €52,363 | €39,073 | -€13,290 | -25.4% |
| Land and buildings | 22 | €50,570 | €38,530 | -€12,041 | -23.8% |
| Plant, machinery and equipment | 23 | €1,793 | €184 | -€1,609 | -89.7% |
| Furniture and vehicles | 24 | - | €359 | +€359 | |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €151,952 | €140,987 | -€10,965 | -7.2% |
| Amounts receivable within one year | 40/41 | €13,467 | €1,819 | -€11,649 | -86.5% |
| Trade receivables | 40 | €13,467 | €254 | -€13,213 | -98.1% |
| Other amounts receivable | 41 | - | €1,565 | +€1,565 | |
| Current investments | 50/53 | €126,376 | - | -€126,376 | |
| Cash at bank and in hand | 54/58 | €12,109 | €139,168 | +€127,059 | +1049.3% |
| Total equity and liabilities | 10/49 | €205,666 | €181,410 | -€24,256 | -11.8% |
| Equity | 10/15 | €117,632 | €111,224 | -€6,408 | -5.4% |
| Reserves | 13 | €117,632 | €111,224 | -€6,408 | -5.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €115,132 | €108,724 | -€6,408 | -5.6% |
| Amounts payable | 17/49 | €88,034 | €70,186 | -€17,847 | -20.3% |
| Amounts payable after more than one year | 17 | €63,843 | €50,625 | -€13,218 | -20.7% |
| Financial debts | 170/4 | €63,843 | €50,625 | -€13,218 | -20.7% |
| Amounts payable within one year | 42/48 | €24,190 | €19,561 | -€4,629 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €12,703 | €13,218 | +€515 | +4.1% |
| Trade debts | 44 | €1,650 | €1,433 | -€217 | -13.2% |
| Suppliers | 440/4 | €1,650 | €1,433 | -€217 | -13.2% |
| Taxes, remuneration and social security | 45 | €6,283 | €2,407 | -€3,876 | -61.7% |
| Taxes | 450/3 | €6,283 | €2,407 | -€3,876 | -61.7% |
| Other amounts payable | 47/48 | €3,554 | €2,503 | -€1,051 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,131 | €13,290 | -€841 | -5.9% |
| Other operating charges | 640/8 | €2,382 | €566 | -€1,816 | -76.2% |
| Gross operating margin | 9900 | €49,577 | €29,974 | -€19,602 | -39.5% |
| Operating profit (loss) | 9901 | €33,064 | €16,118 | -€16,946 | -51.3% |
| Financial income | 75/76B | €537 | €766 | +€230 | +42.8% |
| Recurring financial income | 75 | €537 | €766 | +€230 | +42.8% |
| Financial charges | 65/66B | €3,278 | €3,467 | +€190 | +5.8% |
| Recurring financial charges | 65 | €3,278 | €3,467 | +€190 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €30,323 | €13,417 | -€16,906 | -55.8% |
| Income taxes | 67/77 | €9,476 | €4,548 | -€4,928 | -52.0% |
| Profit (loss) for the period | 9904 | €20,847 | €8,868 | -€11,978 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,847 | €8,868 | -€11,978 | -57.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.