C-One: 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-One
Largest movements
- Receivables within one year -€35,330
down €35,330 (-28.6%), from €123,668 to €88,338
of which Other amounts receivable: -€44,254
- Tangible fixed assets -€30,843
down €30,843 (-8.3%), from €372,846 to €342,004
of which Land and buildings: -€30,403
- Current portion of long-term debt -€52,225
down €52,225 (-57.1%), from €91,520 to €39,295
- Debts after one year -€39,295
down €39,295 (-37.7%), from €104,328 to €65,032
of which Financial debts: -€39,295
- Profit (loss) carried forward +€32,803
up €32,803 (+18.0%), from €182,096 to €214,899
- Tax, wage and social debts -€13,324
down €13,324 (-69.4%), from €19,206 to €5,882
of which Taxes: -€13,817
- Gross operating margin -€6,721
down €6,721 (-4.8%), from €138,767 to €132,046
- Staff costs +€5,057
up €5,057 (+11.4%), from €44,325 to €49,381
- Financial charges -€3,654
down €3,654 (-51.4%), from €7,107 to €3,453
- Taxes -€2,201
down €2,201 (-16.8%), from €13,062 to €10,861
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 | €507,707 | €437,839 | -€69,868 | -13.8% |
| Fixed assets | 21/28 | €375,473 | €342,587 | -€32,886 | -8.8% |
| Intangible fixed assets | 21 | €2,552 | €509 | -€2,043 | -80.1% |
| Tangible fixed assets | 22/27 | €372,846 | €342,004 | -€30,843 | -8.3% |
| Land and buildings | 22 | €370,656 | €340,254 | -€30,403 | -8.2% |
| Plant, machinery and equipment | 23 | €2,190 | €1,750 | -€440 | -20.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €132,233 | €95,251 | -€36,982 | -28.0% |
| Amounts receivable within one year | 40/41 | €123,668 | €88,338 | -€35,330 | -28.6% |
| Trade receivables | 40 | €19,201 | €28,125 | +€8,924 | +46.5% |
| Other amounts receivable | 41 | €104,467 | €60,213 | -€44,254 | -42.4% |
| Cash at bank and in hand | 54/58 | €4,608 | €3,613 | -€995 | -21.6% |
| Deferred charges and accrued income | 490/1 | €3,958 | €3,300 | -€657 | -16.6% |
| Total equity and liabilities | 10/49 | €507,707 | €437,839 | -€69,868 | -13.8% |
| Equity | 10/15 | €272,096 | €304,899 | +€32,803 | +12.1% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,096 | €214,899 | +€32,803 | +18.0% |
| Amounts payable | 17/49 | €235,611 | €132,940 | -€102,671 | -43.6% |
| Amounts payable after more than one year | 17 | €104,328 | €65,032 | -€39,295 | -37.7% |
| Financial debts | 170/4 | €79,128 | €39,832 | -€39,295 | -49.7% |
| Other amounts payable | 178/9 | €25,200 | €25,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €131,152 | €67,771 | -€63,381 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €91,520 | €39,295 | -€52,225 | -57.1% |
| Trade debts | 44 | €12,140 | €14,188 | +€2,048 | +16.9% |
| Suppliers | 440/4 | €12,140 | €14,188 | +€2,048 | +16.9% |
| Taxes, remuneration and social security | 45 | €19,206 | €5,882 | -€13,324 | -69.4% |
| Taxes | 450/3 | €13,817 | €0 | -€13,817 | -100.0% |
| Remuneration and social security | 454/9 | €5,389 | €5,882 | +€493 | +9.1% |
| Other amounts payable | 47/48 | €8,286 | €8,406 | +€120 | +1.4% |
| Accrued charges and deferred income | 492/3 | €131 | €136 | +€6 | +4.3% |
| Remuneration, social security and pensions | 62 | €44,325 | €49,381 | +€5,057 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,450 | €35,084 | +€634 | +1.8% |
| Other operating charges | 640/8 | €2,012 | €2,073 | +€62 | +3.1% |
| Gross operating margin | 9900 | €138,767 | €132,046 | -€6,721 | -4.8% |
| Operating profit (loss) | 9901 | €57,980 | €45,507 | -€12,474 | -21.5% |
| Financial income | 75/76B | €1,308 | €1,609 | +€301 | +23.0% |
| Recurring financial income | 75 | €1,308 | €1,609 | +€301 | +23.0% |
| Financial charges | 65/66B | €7,107 | €3,453 | -€3,654 | -51.4% |
| Recurring financial charges | 65 | €7,107 | €3,453 | -€3,654 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €52,182 | €43,663 | -€8,519 | -16.3% |
| Income taxes | 67/77 | €13,062 | €10,861 | -€2,201 | -16.8% |
| Profit (loss) for the period | 9904 | €39,120 | €32,803 | -€6,318 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,120 | €32,803 | -€6,318 | -16.1% |
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.