C2plus: 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.
C2plus
Largest movements
- Tangible fixed assets +€120,957
up €120,957 (+240%), from €50,406 to €171,363
- Receivables within one year +€64,878
up €64,878 (+674%), from €9,630 to €74,508
of which Trade receivables: +€36,300
- Cash +€22,950
up €22,950 (+102%), from €22,503 to €45,453
mainly Advances received (+€200,000) and Depreciation (+€13,622)
- Deferred charges and accrued income +€7,029
new in 2025: €7,029
- Advances received +€200,000
new in 2025: €200,000
- Profit (loss) carried forward +€8,497
up €8,497 (+11.6%), from -€73,053 to -€64,556
- Trade debts +€7,318
up €7,318 (+9.7%), from €75,593 to €82,910
- Gross operating margin +€64,375
up €64,375, from -€26,976 to €37,399
- Taxes +€14,678
new in 2025: €14,678
- Depreciation +€7,205
up €7,205 (+112%), from €6,417 to €13,622
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 | €141,040 | €356,854 | +€215,814 | +153% |
| Fixed assets | 21/28 | €108,906 | €229,863 | +€120,957 | +111% |
| Tangible fixed assets | 22/27 | €50,406 | €171,363 | +€120,957 | +240% |
| Furniture and vehicles | 24 | €50,406 | €171,363 | +€120,957 | +240% |
| Financial fixed assets | 28 | €58,500 | €58,500 | = | 0.0% |
| Current assets | 29/58 | €32,134 | €126,991 | +€94,857 | +295% |
| Amounts receivable within one year | 40/41 | €9,630 | €74,508 | +€64,878 | +674% |
| Trade receivables | 40 | - | €36,300 | +€36,300 | |
| Other amounts receivable | 41 | €9,630 | €38,208 | +€28,578 | +297% |
| Cash at bank and in hand | 54/58 | €22,503 | €45,453 | +€22,950 | +102% |
| Deferred charges and accrued income | 490/1 | - | €7,029 | +€7,029 | |
| Total equity and liabilities | 10/49 | €141,040 | €356,854 | +€215,814 | +153% |
| Equity | 10/15 | -€8,053 | €444 | +€8,497 | |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,053 | -€64,556 | +€8,497 | +11.6% |
| Amounts payable | 17/49 | €149,093 | €356,410 | +€207,318 | +139% |
| Amounts payable within one year | 42/48 | €149,093 | €356,410 | +€207,318 | +139% |
| Trade debts | 44 | €75,593 | €82,910 | +€7,318 | +9.7% |
| Suppliers | 440/4 | €75,593 | €82,910 | +€7,318 | +9.7% |
| Advances received on contracts in progress | 46 | - | €200,000 | +€200,000 | |
| Other amounts payable | 47/48 | €73,500 | €73,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,417 | €13,622 | +€7,205 | +112% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | -€26,976 | €37,399 | +€64,375 | |
| Operating profit (loss) | 9901 | -€33,840 | €23,328 | +€57,168 | |
| Financial charges | 65/66B | €161 | €153 | -€7 | -4.5% |
| Recurring financial charges | 65 | €161 | €153 | -€7 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,000 | €23,175 | +€57,175 | |
| Income taxes | 67/77 | - | €14,678 | +€14,678 | |
| Profit (loss) for the period | 9904 | -€34,000 | €8,497 | +€42,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,000 | €8,497 | +€42,497 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.