C 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 Services
Largest movements
- Financial fixed assets +€100,000
up €100,000 (+30.8%), from €325,000 to €425,000
- Tangible fixed assets -€36,353
down €36,353 (-73.1%), from €49,739 to €13,386
of which Furniture and vehicles: -€32,727
- Receivables within one year -€29,045
down €29,045 (-52.3%), from €55,569 to €26,524
of which Trade receivables: -€25,766
- Cash -€11,892
down €11,892 (-6.6%), from €180,295 to €168,403
mainly Investment in fixed assets (net) (-€69,337) and Contributions, distributions and other (-€52,000)
- Reserves +€39,166
up €39,166 (+7.6%), from €517,705 to €556,871
- Other debts -€21,000
down €21,000 (-28.8%), from €73,000 to €52,000
- Trade debts +€7,685
up €7,685 (+26.9%), from €28,615 to €36,300
- Gross operating margin -€37,322
down €37,322 (-48.7%), from €76,625 to €39,303
- Depreciation -€12,425
down €12,425 (-68.6%), from €18,115 to €5,690
- Taxes -€6,842
down €6,842 (-29.8%), from €22,941 to €16,099
- Financial income +€5,895
up €5,895 (+8.2%), from €71,714 to €77,609
of which Financial income: +€5,440
- Financial charges +€2,417
up €2,417 (+274%), from €881 to €3,298
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 | €637,343 | €660,248 | +€22,905 | +3.6% |
| Fixed assets | 21/28 | €374,739 | €438,386 | +€63,647 | +17.0% |
| Tangible fixed assets | 22/27 | €49,739 | €13,386 | -€36,353 | -73.1% |
| Land and buildings | 22 | €1,334 | €340 | -€994 | -74.5% |
| Plant, machinery and equipment | 23 | €2,954 | €2,910 | -€44 | -1.5% |
| Furniture and vehicles | 24 | €34,519 | €1,792 | -€32,727 | -94.8% |
| Other tangible fixed assets | 26 | €10,932 | €8,344 | -€2,589 | -23.7% |
| Financial fixed assets | 28 | €325,000 | €425,000 | +€100,000 | +30.8% |
| Current assets | 29/58 | €262,604 | €221,861 | -€40,742 | -15.5% |
| Stocks and contracts in progress | 3 | €22,691 | €23,160 | +€469 | +2.1% |
| Stocks | 30/36 | €22,691 | €23,160 | +€469 | +2.1% |
| Amounts receivable within one year | 40/41 | €55,569 | €26,524 | -€29,045 | -52.3% |
| Trade receivables | 40 | €42,225 | €16,460 | -€25,766 | -61.0% |
| Other amounts receivable | 41 | €13,344 | €10,065 | -€3,279 | -24.6% |
| Cash at bank and in hand | 54/58 | €180,295 | €168,403 | -€11,892 | -6.6% |
| Deferred charges and accrued income | 490/1 | €4,048 | €3,775 | -€273 | -6.8% |
| Total equity and liabilities | 10/49 | €637,343 | €660,248 | +€22,905 | +3.6% |
| Equity | 10/15 | €530,105 | €569,271 | +€39,166 | +7.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €517,705 | €556,871 | +€39,166 | +7.6% |
| Distributable reserves | 133 | €517,705 | €556,871 | +€39,166 | +7.6% |
| Amounts payable | 17/49 | €107,238 | €90,977 | -€16,261 | -15.2% |
| Amounts payable within one year | 42/48 | €106,977 | €90,392 | -€16,585 | -15.5% |
| Trade debts | 44 | €28,615 | €36,300 | +€7,685 | +26.9% |
| Suppliers | 440/4 | €28,615 | €36,300 | +€7,685 | +26.9% |
| Taxes, remuneration and social security | 45 | €5,362 | €2,091 | -€3,271 | -61.0% |
| Taxes | 450/3 | €3,583 | €1,506 | -€2,076 | -58.0% |
| Remuneration and social security | 454/9 | €1,779 | €585 | -€1,194 | -67.1% |
| Other amounts payable | 47/48 | €73,000 | €52,000 | -€21,000 | -28.8% |
| Accrued charges and deferred income | 492/3 | €261 | €585 | +€324 | +124% |
| Non-recurring operating income | 76A | €1,241 | €5,886 | +€4,645 | +374% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,115 | €5,690 | -€12,425 | -68.6% |
| Other operating charges | 640/8 | €629 | €659 | +€30 | +4.7% |
| Gross operating margin | 9900 | €76,625 | €39,303 | -€37,322 | -48.7% |
| Operating profit (loss) | 9901 | €57,881 | €32,954 | -€24,927 | -43.1% |
| Financial income | 75/76B | €71,714 | €77,609 | +€5,895 | +8.2% |
| Recurring financial income | 75 | €71,714 | €77,154 | +€5,440 | +7.6% |
| Non-recurring financial income | 76B | - | €455 | +€455 | |
| Financial charges | 65/66B | €881 | €3,298 | +€2,417 | +274% |
| Recurring financial charges | 65 | €881 | €3,298 | +€2,417 | +274% |
| Profit (loss) for the period before taxes | 9903 | €128,715 | €107,266 | -€21,449 | -16.7% |
| Income taxes | 67/77 | €22,941 | €16,099 | -€6,842 | -29.8% |
| Profit (loss) for the period | 9904 | €105,773 | €91,166 | -€14,607 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €105,773 | €91,166 | -€14,607 | -13.8% |
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.