C.SBILLE: 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.SBILLE
Largest movements
- Receivables within one year +€16,767
up €16,767 (+54.9%), from €30,524 to €47,292
of which Trade receivables: +€16,760
- Cash +€5,621
up €5,621 (+4.9%), from €113,597 to €119,218
mainly Tax, wage and social debts (+€15,712) and Other debts (+€3,746)
- Tax, wage and social debts +€15,712
up €15,712 (+4086.2%), from €385 to €16,097
of which Taxes: +€14,612
- Other debts +€3,746
up €3,746 (+10.2%), from €36,648 to €40,394
- Advances received -€3,206
down €3,206 (-93.8%), from €3,418 to €212
- Trade debts +€2,830
up €2,830 (+27.5%), from €10,297 to €13,127
- Reserves +€2,500
up €2,500 (+4.0%), from €62,360 to €64,860
of which Distributable reserves: +€2,500
- Write-downs -€1,018
no longer reported in 2025 (was €1,018)
- Gross operating margin -€745
down €745 (-9.3%), from €8,039 to €7,294
- Taxes +€318
up €318 (+18.5%), from €1,713 to €2,031
- Staff costs -€169
down €169 (-8.2%), from €2,058 to €1,889
- Depreciation -€88
down €88 (-10.4%), from €840 to €752
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 | €150,740 | €172,376 | +€21,636 | +14.4% |
| Fixed assets | 21/28 | €1,669 | €917 | -€752 | -45.1% |
| Tangible fixed assets | 22/27 | €1,669 | €917 | -€752 | -45.1% |
| Furniture and vehicles | 24 | €1,669 | €917 | -€752 | -45.1% |
| Current assets | 29/58 | €149,071 | €171,460 | +€22,388 | +15.0% |
| Amounts receivable within one year | 40/41 | €30,524 | €47,292 | +€16,767 | +54.9% |
| Trade receivables | 40 | €26,803 | €43,564 | +€16,760 | +62.5% |
| Other amounts receivable | 41 | €3,721 | €3,728 | +€7 | +0.2% |
| Current investments | 50/53 | €4,950 | €4,950 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €113,597 | €119,218 | +€5,621 | +4.9% |
| Total equity and liabilities | 10/49 | €150,740 | €172,376 | +€21,636 | +14.4% |
| Equity | 10/15 | €84,993 | €87,546 | +€2,553 | +3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €62,360 | €64,860 | +€2,500 | +4.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €53,500 | €56,000 | +€2,500 | +4.7% |
| Profit (loss) carried forward | 14 | €10,233 | €10,286 | +€53 | +0.5% |
| Amounts payable | 17/49 | €65,747 | €84,830 | +€19,083 | +29.0% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,747 | €69,830 | +€19,083 | +37.6% |
| Trade debts | 44 | €10,297 | €13,127 | +€2,830 | +27.5% |
| Suppliers | 440/4 | €10,297 | €13,127 | +€2,830 | +27.5% |
| Advances received on contracts in progress | 46 | €3,418 | €212 | -€3,206 | -93.8% |
| Taxes, remuneration and social security | 45 | €385 | €16,097 | +€15,712 | +4086.2% |
| Taxes | 450/3 | €385 | €14,997 | +€14,612 | +3800.2% |
| Remuneration and social security | 454/9 | - | €1,100 | +€1,100 | |
| Other amounts payable | 47/48 | €36,648 | €40,394 | +€3,746 | +10.2% |
| Remuneration, social security and pensions | 62 | €2,058 | €1,889 | -€169 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €840 | €752 | -€88 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,018 | - | -€1,018 | |
| Gross operating margin | 9900 | €8,039 | €7,294 | -€745 | -9.3% |
| Operating profit (loss) | 9901 | €4,124 | €4,653 | +€529 | +12.8% |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Financial charges | 65/66B | €37 | €68 | +€31 | +83.1% |
| Recurring financial charges | 65 | €37 | €68 | +€31 | +83.1% |
| Profit (loss) for the period before taxes | 9903 | €4,125 | €4,584 | +€459 | +11.1% |
| Income taxes | 67/77 | €1,713 | €2,031 | +€318 | +18.5% |
| Profit (loss) for the period | 9904 | €2,412 | €2,553 | +€141 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,412 | €2,553 | +€141 | +5.9% |
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 10 October 2026 via checked.be.