C&Q 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&Q Services
Largest movements
- Tangible fixed assets +€66,883
up €66,883 (+42.1%), from €158,859 to €225,742
of which Leasing and similar rights: +€87,969
- Cash +€40,636
up €40,636 (+92.4%), from €43,978 to €84,613
mainly Debts after one year (+€51,378) and Net result for the year (+€48,809)
- Deferred charges and accrued income -€14,594
down €14,594 (-93.8%), from €15,560 to €966
- Receivables within one year +€6,979
up €6,979 (+40.9%), from €17,067 to €24,046
of which Trade receivables: +€9,815
- Debts after one year +€51,378
new in 2025: €51,378
- Trade debts +€30,267
up €30,267 (+6,637%), from €456 to €30,723
- Other debts +€13,702
up €13,702 (+7.1%), from €193,798 to €207,501
- Current portion of long-term debt +€12,121
new in 2025: €12,121
- Tax, wage and social debts -€8,373
down €8,373 (-51.2%), from €16,360 to €7,987
of which Taxes: -€4,753
- Depreciation -€4,043
down €4,043 (-30.6%), from €13,192 to €9,149
- Gross operating margin -€3,133
down €3,133 (-3.7%), from €83,901 to €80,768
- Financial charges +€1,769
up €1,769 (+423%), from €418 to €2,188
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 | €235,463 | €335,368 | +€99,904 | +42.4% |
| Fixed assets | 21/28 | €158,859 | €225,742 | +€66,883 | +42.1% |
| Tangible fixed assets | 22/27 | €158,859 | €225,742 | +€66,883 | +42.1% |
| Land and buildings | 22 | €136,954 | €131,524 | -€5,431 | -4.0% |
| Furniture and vehicles | 24 | €21,047 | €5,821 | -€15,226 | -72.3% |
| Leasing and similar rights | 25 | - | €87,969 | +€87,969 | |
| Other tangible fixed assets | 26 | €858 | €429 | -€429 | -50.0% |
| Current assets | 29/58 | €76,604 | €109,625 | +€33,021 | +43.1% |
| Amounts receivable within one year | 40/41 | €17,067 | €24,046 | +€6,979 | +40.9% |
| Trade receivables | 40 | €14,232 | €24,046 | +€9,815 | +69.0% |
| Other amounts receivable | 41 | €2,836 | €0 | -€2,836 | -100% |
| Cash at bank and in hand | 54/58 | €43,978 | €84,613 | +€40,636 | +92.4% |
| Deferred charges and accrued income | 490/1 | €15,560 | €966 | -€14,594 | -93.8% |
| Total equity and liabilities | 10/49 | €235,463 | €335,368 | +€99,904 | +42.4% |
| Equity | 10/15 | €24,849 | €25,658 | +€809 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,249 | €7,058 | +€809 | +12.9% |
| Tax-exempt reserves | 132 | €5,169 | €5,169 | = | 0.0% |
| Distributable reserves | 133 | €1,080 | €1,889 | +€809 | +74.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €210,614 | €309,709 | +€99,095 | +47.1% |
| Amounts payable after more than one year | 17 | - | €51,378 | +€51,378 | |
| Financial debts | 170/4 | - | €51,378 | +€51,378 | |
| Amounts payable within one year | 42/48 | €210,614 | €258,332 | +€47,718 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | - | €12,121 | +€12,121 | |
| Trade debts | 44 | €456 | €30,723 | +€30,267 | +6,637% |
| Suppliers | 440/4 | €456 | €30,723 | +€30,267 | +6,637% |
| Taxes, remuneration and social security | 45 | €16,360 | €7,987 | -€8,373 | -51.2% |
| Taxes | 450/3 | €12,740 | €7,987 | -€4,753 | -37.3% |
| Remuneration and social security | 454/9 | €3,619 | €0 | -€3,619 | -100% |
| Other amounts payable | 47/48 | €193,798 | €207,501 | +€13,702 | +7.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,192 | €9,149 | -€4,043 | -30.6% |
| Other operating charges | 640/8 | €3,538 | €3,353 | -€185 | -5.2% |
| Non-recurring operating charges | 66A | - | €3,816 | +€3,816 | |
| Gross operating margin | 9900 | €83,901 | €80,768 | -€3,133 | -3.7% |
| Operating profit (loss) | 9901 | €67,171 | €64,450 | -€2,721 | -4.1% |
| Financial income | 75/76B | €4 | €1 | -€3 | -78.3% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -78.3% |
| Financial charges | 65/66B | €418 | €2,188 | +€1,769 | +423% |
| Recurring financial charges | 65 | €418 | €2,188 | +€1,769 | +423% |
| Profit (loss) for the period before taxes | 9903 | €66,757 | €62,263 | -€4,494 | -6.7% |
| Income taxes | 67/77 | €14,164 | €13,454 | -€710 | -5.0% |
| Profit (loss) for the period | 9904 | €52,592 | €48,809 | -€3,783 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,592 | €48,809 | -€3,783 | -7.2% |
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 13 October 2026 via checked.be.