C2 Solutions: 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.
C2 Solutions
Largest movements
- Current investments +€100,193
up €100,193 (+30.8%), from €324,969 to €425,162
- Cash -€32,569
down €32,569 (-14.0%), from €232,381 to €199,811
mainly Current investments (-€100,193) and Other debts (-€42,494)
- Tangible fixed assets -€28,937
down €28,937 (-32.0%), from €90,410 to €61,474
of which Furniture and vehicles: -€28,505
- Reserves +€83,802
up €83,802 (+14.6%), from €573,384 to €657,186
- Other debts -€42,494
down €42,494 (-100.0%), from €42,494 to €0
- Gross operating margin -€25,841
down €25,841 (-14.5%), from €178,275 to €152,434
- Financial income +€4,080
up €4,080 (+51.0%), from €7,998 to €12,078
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 | €664,549 | €704,748 | +€40,200 | +6.0% |
| Fixed assets | 21/28 | €90,410 | €61,474 | -€28,937 | -32.0% |
| Tangible fixed assets | 22/27 | €90,410 | €61,474 | -€28,937 | -32.0% |
| Furniture and vehicles | 24 | €88,684 | €60,179 | -€28,505 | -32.1% |
| Other tangible fixed assets | 26 | €1,727 | €1,295 | -€432 | -25.0% |
| Current assets | 29/58 | €574,138 | €643,274 | +€69,136 | +12.0% |
| Amounts receivable within one year | 40/41 | €16,788 | €18,301 | +€1,513 | +9.0% |
| Trade receivables | 40 | €16,788 | €18,301 | +€1,513 | +9.0% |
| Current investments | 50/53 | €324,969 | €425,162 | +€100,193 | +30.8% |
| Cash at bank and in hand | 54/58 | €232,381 | €199,811 | -€32,569 | -14.0% |
| Total equity and liabilities | 10/49 | €664,549 | €704,748 | +€40,200 | +6.0% |
| Equity | 10/15 | €585,784 | €669,586 | +€83,802 | +14.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €573,384 | €657,186 | +€83,802 | +14.6% |
| Distributable reserves | 133 | €573,384 | €657,186 | +€83,802 | +14.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,764 | €35,162 | -€43,602 | -55.4% |
| Amounts payable within one year | 42/48 | €78,764 | €35,162 | -€43,602 | -55.4% |
| Financial debts | 43 | €337 | €12 | -€325 | -96.4% |
| Credit institutions | 430/8 | €337 | €12 | -€325 | -96.4% |
| Trade debts | 44 | €262 | €491 | +€229 | +87.3% |
| Suppliers | 440/4 | €262 | €491 | +€229 | +87.3% |
| Taxes, remuneration and social security | 45 | €35,671 | €34,659 | -€1,012 | -2.8% |
| Taxes | 450/3 | €35,671 | €34,659 | -€1,012 | -2.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €42,494 | €0 | -€42,494 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,937 | €28,937 | = | 0.0% |
| Other operating charges | 640/8 | €2,219 | €2,220 | +€1 | 0.0% |
| Gross operating margin | 9900 | €178,275 | €152,434 | -€25,841 | -14.5% |
| Operating profit (loss) | 9901 | €147,120 | €121,278 | -€25,842 | -17.6% |
| Financial income | 75/76B | €7,998 | €12,078 | +€4,080 | +51.0% |
| Recurring financial income | 75 | €7,998 | €12,078 | +€4,080 | +51.0% |
| Financial charges | 65/66B | €1,699 | €36 | -€1,664 | -97.9% |
| Recurring financial charges | 65 | €1,699 | €36 | -€1,664 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €153,418 | €133,320 | -€20,098 | -13.1% |
| Income taxes | 67/77 | €51,181 | €49,518 | -€1,663 | -3.2% |
| Profit (loss) for the period | 9904 | €102,237 | €83,802 | -€18,435 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €102,237 | €83,802 | -€18,435 | -18.0% |
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 3 October 2026 via checked.be.