C-toi: 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-toi
Largest movements
- Receivables within one year -€12,763
down €12,763 (-59.8%), from €21,360 to €8,597
of which Trade receivables: -€10,411
- Deferred charges and accrued income +€7,413
up €7,413 (+1,746%), from €425 to €7,838
- Tangible fixed assets +€6,296
up €6,296 (+12.4%), from €50,870 to €57,167
of which Furniture and vehicles: +€19,113
- Other debts -€40,500
down €40,500 (-42.9%), from €94,459 to €53,959
- Reserves +€34,550
new in 2025: €34,550
- Tax, wage and social debts +€33,851
up €33,851 (+429%), from €7,882 to €41,733
of which Taxes: +€27,520
- Profit (loss) carried forward -€17,928
down €17,928 (-100%), from €17,928 to €0
- Debts after one year -€9,245
down €9,245 (-38.2%), from €24,204 to €14,960
- Gross operating margin +€77,855
up €77,855 (+55.6%), from €140,014 to €217,868
- Taxes +€18,642
up €18,642 (+62.0%), from €30,044 to €48,686
- Staff costs +€16,407
new in 2025: €16,407
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 | €185,545 | €186,056 | +€511 | +0.3% |
| Fixed assets | 21/28 | €50,870 | €57,167 | +€6,296 | +12.4% |
| Tangible fixed assets | 22/27 | €50,870 | €57,167 | +€6,296 | +12.4% |
| Land and buildings | 22 | €27,063 | €16,645 | -€10,417 | -38.5% |
| Plant, machinery and equipment | 23 | €17,411 | €15,012 | -€2,399 | -13.8% |
| Furniture and vehicles | 24 | €6,397 | €25,510 | +€19,113 | +299% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €134,674 | €128,889 | -€5,785 | -4.3% |
| Amounts receivable within one year | 40/41 | €21,360 | €8,597 | -€12,763 | -59.8% |
| Trade receivables | 40 | €19,008 | €8,597 | -€10,411 | -54.8% |
| Other amounts receivable | 41 | €2,352 | €0 | -€2,352 | -100% |
| Cash at bank and in hand | 54/58 | €112,890 | €112,454 | -€436 | -0.4% |
| Deferred charges and accrued income | 490/1 | €425 | €7,838 | +€7,413 | +1,746% |
| Total equity and liabilities | 10/49 | €185,545 | €186,056 | +€511 | +0.3% |
| Equity | 10/15 | €27,928 | €44,550 | +€16,622 | +59.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €34,550 | +€34,550 | |
| Distributable reserves | 133 | - | €34,550 | +€34,550 | |
| Profit (loss) carried forward | 14 | €17,928 | €0 | -€17,928 | -100% |
| Amounts payable | 17/49 | €157,616 | €141,506 | -€16,110 | -10.2% |
| Amounts payable after more than one year | 17 | €24,204 | €14,960 | -€9,245 | -38.2% |
| Financial debts | 170/4 | €24,204 | €14,960 | -€9,245 | -38.2% |
| Amounts payable within one year | 42/48 | €133,412 | €125,433 | -€7,979 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €10,567 | €9,245 | -€1,322 | -12.5% |
| Financial debts | 43 | €5,454 | €6,250 | +€796 | +14.6% |
| Credit institutions | 430/8 | €369 | €0 | -€369 | -100% |
| Other loans | 439 | €5,085 | €6,250 | +€1,165 | +22.9% |
| Trade debts | 44 | €15,050 | €14,246 | -€804 | -5.3% |
| Suppliers | 440/4 | €15,050 | €14,246 | -€804 | -5.3% |
| Taxes, remuneration and social security | 45 | €7,882 | €41,733 | +€33,851 | +429% |
| Taxes | 450/3 | €7,882 | €35,402 | +€27,520 | +349% |
| Remuneration and social security | 454/9 | - | €6,331 | +€6,331 | |
| Other amounts payable | 47/48 | €94,459 | €53,959 | -€40,500 | -42.9% |
| Accrued charges and deferred income | 492/3 | - | €1,114 | +€1,114 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €16,407 | +€16,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,280 | €21,733 | -€547 | -2.5% |
| Other operating charges | 640/8 | €3,889 | €3,961 | +€72 | +1.9% |
| Gross operating margin | 9900 | €140,014 | €217,868 | +€77,855 | +55.6% |
| Operating profit (loss) | 9901 | €113,845 | €175,768 | +€61,923 | +54.4% |
| Financial income | 75/76B | €20 | €413 | +€393 | +1,992% |
| Recurring financial income | 75 | €20 | €413 | +€393 | +1,992% |
| Financial charges | 65/66B | €2,640 | €3,078 | +€439 | +16.6% |
| Recurring financial charges | 65 | €2,640 | €3,078 | +€439 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €111,225 | €173,102 | +€61,877 | +55.6% |
| Income taxes | 67/77 | €30,044 | €48,686 | +€18,642 | +62.0% |
| Profit (loss) for the period | 9904 | €81,181 | €124,416 | +€43,235 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,181 | €124,416 | +€43,235 | +53.3% |
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 19 October 2026 via checked.be.