C2C: 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.
C2C
Largest movements
- Tangible fixed assets +€9,585
up €9,585 (+29.8%), from €32,218 to €41,804
- Cash -€6,953
down €6,953 (-7.5%), from €92,922 to €85,969
mainly Contributions, distributions and other (-€91,538) and Investment in fixed assets (net) (-€14,741)
- Receivables within one year -€5,721
down €5,721 (-100%), from €5,721 to €0
- Other debts +€76,512
up €76,512 (+484%), from €15,819 to €92,330
- Profit (loss) carried forward -€65,840
down €65,840 (-99.0%), from €66,538 to €698
- Debts after one year -€12,000
down €12,000 (-50.0%), from €24,000 to €12,000
- Gross operating margin +€18,686
up €18,686 (+90.7%), from €20,606 to €39,292
- Taxes +€5,622
up €5,622 (+317%), from €1,772 to €7,393
- Depreciation -€4,377
down €4,377 (-45.9%), from €9,533 to €5,156
- Financial charges -€3,934
down €3,934 (-98.2%), from €4,006 to €72
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 | €132,866 | €129,425 | -€3,441 | -2.6% |
| Fixed assets | 21/28 | €32,218 | €41,804 | +€9,585 | +29.8% |
| Tangible fixed assets | 22/27 | €32,218 | €41,804 | +€9,585 | +29.8% |
| Furniture and vehicles | 24 | €32,218 | €41,804 | +€9,585 | +29.8% |
| Current assets | 29/58 | €100,647 | €87,621 | -€13,026 | -12.9% |
| Amounts receivable within one year | 40/41 | €5,721 | €0 | -€5,721 | -100% |
| Trade receivables | 40 | €5,721 | €0 | -€5,721 | -100% |
| Cash at bank and in hand | 54/58 | €92,922 | €85,969 | -€6,953 | -7.5% |
| Deferred charges and accrued income | 490/1 | €2,005 | €1,652 | -€353 | -17.6% |
| Total equity and liabilities | 10/49 | €132,866 | €129,425 | -€3,441 | -2.6% |
| Equity | 10/15 | €71,538 | €5,698 | -€65,840 | -92.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,538 | €698 | -€65,840 | -99.0% |
| Amounts payable | 17/49 | €61,328 | €123,727 | +€62,399 | +102% |
| Amounts payable after more than one year | 17 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Financial debts | 170/4 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Amounts payable within one year | 42/48 | €37,322 | €111,727 | +€74,405 | +199% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €1,473 | €552 | -€921 | -62.5% |
| Suppliers | 440/4 | €1,473 | €552 | -€921 | -62.5% |
| Taxes, remuneration and social security | 45 | €8,031 | €6,845 | -€1,185 | -14.8% |
| Taxes | 450/3 | €6,381 | €6,845 | +€465 | +7.3% |
| Remuneration and social security | 454/9 | €1,650 | €0 | -€1,650 | -100% |
| Other amounts payable | 47/48 | €15,819 | €92,330 | +€76,512 | +484% |
| Accrued charges and deferred income | 492/3 | €6 | €0 | -€6 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,533 | €5,156 | -€4,377 | -45.9% |
| Other operating charges | 640/8 | €978 | €974 | -€4 | -0.4% |
| Gross operating margin | 9900 | €20,606 | €39,292 | +€18,686 | +90.7% |
| Operating profit (loss) | 9901 | €10,095 | €33,163 | +€23,068 | +228% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,006 | €72 | -€3,934 | -98.2% |
| Recurring financial charges | 65 | €4,006 | €72 | -€3,934 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | €6,089 | €33,091 | +€27,002 | +443% |
| Income taxes | 67/77 | €1,772 | €7,393 | +€5,622 | +317% |
| Profit (loss) for the period | 9904 | €4,317 | €25,698 | +€21,380 | +495% |
| Profit (loss) for the period to be appropriated | 9905 | €4,317 | €25,698 | +€21,380 | +495% |
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 21 October 2026 via checked.be.