C-Units: 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-Units
Largest movements
- Tangible fixed assets -€42,283
down €42,283 (-5.0%), from €840,490 to €798,207
of which Land and buildings: -€44,893
- Cash +€36,168
up €36,168 (+2654.5%), from €1,363 to €37,530
mainly Depreciation (+€48,187) and Trade debts (+€8,224)
- Profit (loss) carried forward -€21,264
down €21,264 (-2.1%), from -€1.0m to -€1.1m
- Gross operating margin +€22,763
up €22,763 (+205.4%), from €11,085 to €33,849
- Other operating charges +€850
up €850 (+14.9%), from €5,697 to €6,547
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 | €845,435 | €839,496 | -€5,938 | -0.7% |
| Fixed assets | 21/28 | €840,490 | €798,207 | -€42,283 | -5.0% |
| Tangible fixed assets | 22/27 | €840,490 | €798,207 | -€42,283 | -5.0% |
| Land and buildings | 22 | €830,877 | €785,984 | -€44,893 | -5.4% |
| Plant, machinery and equipment | 23 | €9,614 | €9,246 | -€367 | -3.8% |
| Furniture and vehicles | 24 | - | €2,977 | +€2,977 | |
| Current assets | 29/58 | €4,944 | €41,289 | +€36,345 | +735.1% |
| Amounts receivable within one year | 40/41 | €2,514 | €3,758 | +€1,244 | +49.5% |
| Trade receivables | 40 | - | €3,749 | +€3,749 | |
| Other amounts receivable | 41 | €2,514 | €9 | -€2,505 | -99.6% |
| Cash at bank and in hand | 54/58 | €1,363 | €37,530 | +€36,168 | +2654.5% |
| Deferred charges and accrued income | 490/1 | €1,068 | €0 | -€1,068 | -100.0% |
| Total equity and liabilities | 10/49 | €845,435 | €839,496 | -€5,938 | -0.7% |
| Equity | 10/15 | -€820,640 | -€841,904 | -€21,264 | -2.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €12,412 | €12,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,932 | €11,932 | = | 0.0% |
| Legal reserve | 130 | €11,932 | €11,932 | = | 0.0% |
| Distributable reserves | 133 | €479 | €479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,033,052 | -€1,054,316 | -€21,264 | -2.1% |
| Amounts payable | 17/49 | €1,666,075 | €1,681,401 | +€15,326 | +0.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,666,075 | €1,681,401 | +€15,326 | +0.9% |
| Trade debts | 44 | €12,350 | €20,574 | +€8,224 | +66.6% |
| Suppliers | 440/4 | €12,350 | €20,574 | +€8,224 | +66.6% |
| Taxes, remuneration and social security | 45 | - | €2,194 | +€2,194 | |
| Taxes | 450/3 | - | €1,294 | +€1,294 | |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €1,653,725 | €1,658,633 | +€4,908 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,378 | €48,187 | -€191 | -0.4% |
| Other operating charges | 640/8 | €5,697 | €6,547 | +€850 | +14.9% |
| Gross operating margin | 9900 | €11,085 | €33,849 | +€22,763 | +205.4% |
| Operating profit (loss) | 9901 | -€42,990 | -€20,886 | +€22,104 | +51.4% |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €553 | €451 | -€102 | -18.5% |
| Recurring financial charges | 65 | €553 | €451 | -€102 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,543 | -€21,264 | +€22,278 | +51.2% |
| Profit (loss) for the period | 9904 | -€43,543 | -€21,264 | +€22,278 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,543 | -€21,264 | +€22,278 | +51.2% |
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 11 October 2026 via checked.be.