C.N. TRADING: 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. TRADING
Largest movements
- Receivables within one year +€17,102
up €17,102 (+199%), from €8,580 to €25,682
of which Other amounts receivable: +€16,527
- Receivables after one year -€8,580
down €8,580 (-34.4%), from €24,965 to €16,385
- Tangible fixed assets -€4,041
down €4,041 (-44.2%), from €9,151 to €5,110
of which Furniture and vehicles: -€5,490
- Cash -€3,330
down €3,330 (-57.4%), from €5,805 to €2,475
mainly Receivables within one year (-€17,102) and Tax, wage and social debts (-€3,571)
- Profit (loss) carried forward +€5,978
up €5,978, from -€246 to €5,731
- Tax, wage and social debts -€3,571
down €3,571 (-79.8%), from €4,475 to €904
- Other debts -€1,489
no longer reported in 2025 (was €1,489)
- Gross operating margin +€2,452
up €2,452 (+18.8%), from €13,043 to €15,495
- Taxes +€1,268
up €1,268 (+49.9%), from €2,542 to €3,810
- Financial income +€466
up €466 (+58,289%), from €1 to €467
- Depreciation -€250
down €250 (-4.0%), from €6,290 to €6,040
- Financial charges -€193
down €193 (-59.0%), from €328 to €134
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 | €48,954 | €49,971 | +€1,017 | +2.1% |
| Fixed assets | 21/28 | €9,151 | €5,110 | -€4,041 | -44.2% |
| Tangible fixed assets | 22/27 | €9,151 | €5,110 | -€4,041 | -44.2% |
| Plant, machinery and equipment | 23 | €910 | €2,358 | +€1,448 | +159% |
| Furniture and vehicles | 24 | €8,241 | €2,751 | -€5,490 | -66.6% |
| Current assets | 29/58 | €39,803 | €44,861 | +€5,058 | +12.7% |
| Amounts receivable after more than one year | 29 | €24,965 | €16,385 | -€8,580 | -34.4% |
| Other amounts receivable | 291 | €24,965 | €16,385 | -€8,580 | -34.4% |
| Amounts receivable within one year | 40/41 | €8,580 | €25,682 | +€17,102 | +199% |
| Trade receivables | 40 | - | €575 | +€575 | |
| Other amounts receivable | 41 | €8,580 | €25,107 | +€16,527 | +193% |
| Cash at bank and in hand | 54/58 | €5,805 | €2,475 | -€3,330 | -57.4% |
| Deferred charges and accrued income | 490/1 | €453 | €319 | -€134 | -29.5% |
| Total equity and liabilities | 10/49 | €48,954 | €49,971 | +€1,017 | +2.1% |
| Equity | 10/15 | €41,737 | €47,715 | +€5,978 | +14.3% |
| Contributions | 10/11 | €1,983 | €1,983 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€246 | €5,731 | +€5,978 | |
| Amounts payable | 17/49 | €7,217 | €2,256 | -€4,961 | -68.7% |
| Amounts payable within one year | 42/48 | €7,217 | €2,256 | -€4,961 | -68.7% |
| Trade debts | 44 | €1,254 | €1,353 | +€99 | +7.9% |
| Suppliers | 440/4 | €1,254 | €1,353 | +€99 | +7.9% |
| Taxes, remuneration and social security | 45 | €4,475 | €904 | -€3,571 | -79.8% |
| Taxes | 450/3 | €4,475 | €904 | -€3,571 | -79.8% |
| Other amounts payable | 47/48 | €1,489 | - | -€1,489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,290 | €6,040 | -€250 | -4.0% |
| Other operating charges | 640/8 | €180 | - | -€180 | |
| Gross operating margin | 9900 | €13,043 | €15,495 | +€2,452 | +18.8% |
| Operating profit (loss) | 9901 | €6,573 | €9,455 | +€2,882 | +43.8% |
| Financial income | 75/76B | €1 | €467 | +€466 | +58,289% |
| Recurring financial income | 75 | €1 | €467 | +€466 | +58,289% |
| Financial charges | 65/66B | €328 | €134 | -€193 | -59.0% |
| Recurring financial charges | 65 | €328 | €134 | -€193 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €6,246 | €9,788 | +€3,542 | +56.7% |
| Income taxes | 67/77 | €2,542 | €3,810 | +€1,268 | +49.9% |
| Profit (loss) for the period | 9904 | €3,704 | €5,978 | +€2,274 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,704 | €5,978 | +€2,274 | +61.4% |
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 20 October 2026 via checked.be.