C-site AAA: 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-site AAA
Largest movements
- Stocks and contracts -€817,331
down €817,331 (-58.2%), from €1.4m to €586,537
- Receivables within one year +€367,747
up €367,747 (+6301.8%), from €5,836 to €373,582
of which Other amounts receivable: +€337,747
- Short-term financial debts -€907,481
no longer reported in 2025 (was €907,481)
- Other debts +€488,072
up €488,072 (+4067.3%), from €12,000 to €500,072
- Trade debts -€43,383
down €43,383 (-53.9%), from €80,556 to €37,173
- Gross operating margin +€512,697
up €512,697, from -€3,812 to €508,884
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 | €1,444,941 | €987,834 | -€457,107 | -31.6% |
| Current assets | 29/58 | €1,444,941 | €987,834 | -€457,107 | -31.6% |
| Stocks and contracts in progress | 3 | €1,403,869 | €586,537 | -€817,331 | -58.2% |
| Stocks | 30/36 | €1,403,869 | €586,537 | -€817,331 | -58.2% |
| Amounts receivable within one year | 40/41 | €5,836 | €373,582 | +€367,747 | +6301.8% |
| Trade receivables | 40 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 41 | €5,836 | €343,582 | +€337,747 | +5787.7% |
| Cash at bank and in hand | 54/58 | €33,208 | €27,596 | -€5,612 | -16.9% |
| Deferred charges and accrued income | 490/1 | €2,028 | €118 | -€1,911 | -94.2% |
| Total equity and liabilities | 10/49 | €1,444,941 | €987,834 | -€457,107 | -31.6% |
| Equity | 10/15 | €427,399 | €434,198 | +€6,799 | +1.6% |
| Contributions | 10/11 | €303,600 | €303,600 | = | 0.0% |
| Reserves | 13 | €123,799 | €130,000 | +€6,201 | +5.0% |
| Distributable reserves | 133 | €123,799 | €130,000 | +€6,201 | +5.0% |
| Profit (loss) carried forward | 14 | - | €598 | +€598 | |
| Amounts payable | 17/49 | €1,017,542 | €553,636 | -€463,906 | -45.6% |
| Amounts payable within one year | 42/48 | €1,005,966 | €552,640 | -€453,326 | -45.1% |
| Financial debts | 43 | €907,481 | - | -€907,481 | |
| Credit institutions | 430/8 | €907,481 | - | -€907,481 | |
| Trade debts | 44 | €80,556 | €37,173 | -€43,383 | -53.9% |
| Suppliers | 440/4 | €80,556 | €37,173 | -€43,383 | -53.9% |
| Taxes, remuneration and social security | 45 | €5,928 | €15,395 | +€9,467 | +159.7% |
| Taxes | 450/3 | €5,928 | €15,395 | +€9,467 | +159.7% |
| Other amounts payable | 47/48 | €12,000 | €500,072 | +€488,072 | +4067.3% |
| Accrued charges and deferred income | 492/3 | €11,576 | €996 | -€10,581 | -91.4% |
| Other operating charges | 640/8 | €552 | €589 | +€37 | +6.8% |
| Gross operating margin | 9900 | -€3,812 | €508,884 | +€512,697 | |
| Operating profit (loss) | 9901 | -€4,364 | €508,295 | +€512,659 | |
| Financial income | 75/76B | €104 | €196 | +€92 | +88.1% |
| Recurring financial income | 75 | €104 | €196 | +€92 | +88.1% |
| Financial charges | 65/66B | €250 | €1,110 | +€860 | +344.7% |
| Recurring financial charges | 65 | €250 | €1,110 | +€860 | +344.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,510 | €507,381 | +€511,890 | |
| Income taxes | 67/77 | - | €582 | +€582 | |
| Profit (loss) for the period | 9904 | -€4,510 | €506,799 | +€511,309 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,510 | €506,799 | +€511,309 |
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 7 October 2026 via checked.be.