C-SIDE PROJECTS: 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-SIDE PROJECTS
Largest movements
- Tangible fixed assets +€5,079
up €5,079 (+138%), from €3,675 to €8,754
- Cash -€4,860
down €4,860 (-7.3%), from €66,916 to €62,056
mainly Other debts (-€18,650) and Contributions, distributions and other (-€7,000)
- Receivables within one year +€1,112
up €1,112 (+8.4%), from €13,248 to €14,359
of which Trade receivables: +€609
- Other debts -€18,650
down €18,650 (-72.7%), from €25,650 to €7,000
- Reserves +€15,875
up €15,875 (+44.1%), from €36,029 to €51,904
of which Distributable reserves: +€15,875
- Trade debts +€3,763
up €3,763 (+77.3%), from €4,868 to €8,631
- Gross operating margin -€8,467
down €8,467 (-21.3%), from €39,729 to €31,262
- Taxes -€2,141
down €2,141 (-27.5%), from €7,773 to €5,632
- Depreciation +€611
up €611 (+48.5%), from €1,260 to €1,871
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 | €92,060 | €93,476 | +€1,416 | +1.5% |
| Fixed assets | 21/28 | €10,175 | €15,254 | +€5,079 | +49.9% |
| Tangible fixed assets | 22/27 | €3,675 | €8,754 | +€5,079 | +138% |
| Furniture and vehicles | 24 | €3,675 | €8,754 | +€5,079 | +138% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €81,885 | €78,222 | -€3,662 | -4.5% |
| Amounts receivable within one year | 40/41 | €13,248 | €14,359 | +€1,112 | +8.4% |
| Trade receivables | 40 | €7,893 | €8,502 | +€609 | +7.7% |
| Other amounts receivable | 41 | €5,354 | €5,857 | +€503 | +9.4% |
| Cash at bank and in hand | 54/58 | €66,916 | €62,056 | -€4,860 | -7.3% |
| Deferred charges and accrued income | 490/1 | €1,721 | €1,807 | +€86 | +5.0% |
| Total equity and liabilities | 10/49 | €92,060 | €93,476 | +€1,416 | +1.5% |
| Equity | 10/15 | €54,629 | €70,504 | +€15,875 | +29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,029 | €51,904 | +€15,875 | +44.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €36,029 | €51,904 | +€15,875 | +44.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,430 | €22,972 | -€14,459 | -38.6% |
| Amounts payable within one year | 42/48 | €37,430 | €22,972 | -€14,459 | -38.6% |
| Trade debts | 44 | €4,868 | €8,631 | +€3,763 | +77.3% |
| Suppliers | 440/4 | €4,868 | €8,631 | +€3,763 | +77.3% |
| Taxes, remuneration and social security | 45 | €6,912 | €7,341 | +€428 | +6.2% |
| Taxes | 450/3 | €6,912 | €7,341 | +€428 | +6.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,650 | €7,000 | -€18,650 | -72.7% |
| Remuneration, social security and pensions | 62 | - | €132 | +€132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,260 | €1,871 | +€611 | +48.5% |
| Other operating charges | 640/8 | €654 | €931 | +€276 | +42.2% |
| Gross operating margin | 9900 | €39,729 | €31,262 | -€8,467 | -21.3% |
| Operating profit (loss) | 9901 | €37,815 | €28,328 | -€9,487 | -25.1% |
| Financial income | 75/76B | €248 | €304 | +€56 | +22.7% |
| Recurring financial income | 75 | €248 | €304 | +€56 | +22.7% |
| Financial charges | 65/66B | €381 | €125 | -€256 | -67.3% |
| Recurring financial charges | 65 | €381 | €125 | -€256 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €37,681 | €28,507 | -€9,174 | -24.3% |
| Income taxes | 67/77 | €7,773 | €5,632 | -€2,141 | -27.5% |
| Profit (loss) for the period | 9904 | €29,909 | €22,875 | -€7,033 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,909 | €22,875 | -€7,033 | -23.5% |
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 15 October 2026 via checked.be.