C2Invest: 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.
C2Invest
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+21,863%), from €8,193 to €1.8m
- Short-term financial debts +€1.3m
new in 2025: €1.3m
- Other debts +€535,851
up €535,851 (+21,434%), from €2,500 to €538,351
- Trade debts +€24,018
up €24,018 (+2,359%), from €1,018 to €25,036
- Gross operating margin -€10,180
down €10,180, from €182 to -€9,998
- Financial charges +€6,385
up €6,385 (+5,008%), from €128 to €6,512
- Other operating charges +€153
up €153 (+22.6%), from €680 to €833
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 | €8,895 | €1,803,564 | +€1.8m | +20,177% |
| Current assets | 29/58 | €8,895 | €1,803,564 | +€1.8m | +20,177% |
| Stocks and contracts in progress | 3 | €8,193 | €1,799,397 | +€1.8m | +21,863% |
| Stocks | 30/36 | €8,193 | €1,799,397 | +€1.8m | +21,863% |
| Amounts receivable within one year | 40/41 | €592 | €2,029 | +€1,437 | +243% |
| Trade receivables | 40 | €540 | €2,029 | +€1,489 | +276% |
| Other amounts receivable | 41 | €52 | €0 | -€52 | -100% |
| Cash at bank and in hand | 54/58 | €110 | €2,137 | +€2,027 | +1,845% |
| Total equity and liabilities | 10/49 | €8,895 | €1,803,564 | +€1.8m | +20,177% |
| Equity | 10/15 | €5,376 | -€11,968 | -€17,344 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,376 | €4,376 | = | 0.0% |
| Distributable reserves | 133 | €4,376 | €4,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€17,344 | -€17,344 | |
| Amounts payable | 17/49 | €3,518 | €1,815,531 | +€1.8m | +51,502% |
| Amounts payable within one year | 42/48 | €3,518 | €1,815,531 | +€1.8m | +51,502% |
| Financial debts | 43 | - | €1,251,720 | +€1.3m | |
| Credit institutions | 430/8 | - | €1,251,720 | +€1.3m | |
| Trade debts | 44 | €1,018 | €25,036 | +€24,018 | +2,359% |
| Suppliers | 440/4 | €1,018 | €25,036 | +€24,018 | +2,359% |
| Taxes, remuneration and social security | 45 | €0 | €424 | +€424 | |
| Taxes | 450/3 | €0 | €424 | +€424 | |
| Other amounts payable | 47/48 | €2,500 | €538,351 | +€535,851 | +21,434% |
| Other operating charges | 640/8 | €680 | €833 | +€153 | +22.6% |
| Gross operating margin | 9900 | €182 | -€9,998 | -€10,180 | |
| Operating profit (loss) | 9901 | -€498 | -€10,831 | -€10,334 | -2,076% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €128 | €6,512 | +€6,385 | +5,008% |
| Recurring financial charges | 65 | €128 | €6,512 | +€6,385 | +5,008% |
| Profit (loss) for the period before taxes | 9903 | -€625 | -€17,344 | -€16,719 | -2,674% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | -€625 | -€17,344 | -€16,719 | -2,674% |
| Profit (loss) for the period to be appropriated | 9905 | -€625 | -€17,344 | -€16,719 | -2,674% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.