C3 MANAGEMENT: 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.
C3 MANAGEMENT
Largest movements
- Receivables within one year -€27,805
down €27,805 (-68.9%), from €40,331 to €12,526
of which Trade receivables: -€29,005
- Cash +€919
up €919 (+295.9%), from €311 to €1,230
mainly Receivables within one year (+€27,805) and Depreciation (+€360)
- Profit (loss) carried forward -€16,542
down €16,542, from €10,133 to -€6,409
- Tax, wage and social debts -€6,826
down €6,826 (-93.2%), from €7,326 to €500
- Other debts -€2,357
down €2,357 (-29.4%), from €8,011 to €5,654
- Trade debts -€1,521
down €1,521 (-50.6%), from €3,008 to €1,487
- Gross operating margin -€15,597
down €15,597, from €4,212 to -€11,385
- Other operating charges +€3,706
up €3,706 (+536.5%), from €691 to €4,396
- Taxes -€1,764
down €1,764 (-89.7%), from €1,967 to €203
- Depreciation -€429
down €429 (-54.4%), from €789 to €360
- Financial charges -€210
down €210 (-51.3%), from €409 to €199
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 | €42,008 | €14,763 | -€27,246 | -64.9% |
| Fixed assets | 21/28 | €1,367 | €1,007 | -€360 | -26.4% |
| Tangible fixed assets | 22/27 | €1,367 | €1,007 | -€360 | -26.4% |
| Furniture and vehicles | 24 | €1,367 | €1,007 | -€360 | -26.4% |
| Current assets | 29/58 | €40,641 | €13,756 | -€26,886 | -66.2% |
| Amounts receivable within one year | 40/41 | €40,331 | €12,526 | -€27,805 | -68.9% |
| Trade receivables | 40 | €39,901 | €10,896 | -€29,005 | -72.7% |
| Other amounts receivable | 41 | €430 | €1,630 | +€1,200 | +279.2% |
| Cash at bank and in hand | 54/58 | €311 | €1,230 | +€919 | +295.9% |
| Total equity and liabilities | 10/49 | €42,008 | €14,763 | -€27,246 | -64.9% |
| Equity | 10/15 | €23,663 | €7,121 | -€16,542 | -69.9% |
| Contributions | 10/11 | €13,530 | €13,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,133 | -€6,409 | -€16,542 | |
| Amounts payable | 17/49 | €18,346 | €7,641 | -€10,704 | -58.3% |
| Amounts payable within one year | 42/48 | €18,346 | €7,641 | -€10,704 | -58.3% |
| Trade debts | 44 | €3,008 | €1,487 | -€1,521 | -50.6% |
| Suppliers | 440/4 | €3,008 | €1,487 | -€1,521 | -50.6% |
| Taxes, remuneration and social security | 45 | €7,326 | €500 | -€6,826 | -93.2% |
| Taxes | 450/3 | €7,326 | €500 | -€6,826 | -93.2% |
| Other amounts payable | 47/48 | €8,011 | €5,654 | -€2,357 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €789 | €360 | -€429 | -54.4% |
| Other operating charges | 640/8 | €691 | €4,396 | +€3,706 | +536.5% |
| Gross operating margin | 9900 | €4,212 | -€11,385 | -€15,597 | |
| Operating profit (loss) | 9901 | €2,732 | -€16,141 | -€18,873 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €409 | €199 | -€210 | -51.3% |
| Recurring financial charges | 65 | €409 | €199 | -€210 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €2,323 | -€16,339 | -€18,662 | |
| Income taxes | 67/77 | €1,967 | €203 | -€1,764 | -89.7% |
| Profit (loss) for the period | 9904 | €356 | -€16,542 | -€16,898 | |
| Profit (loss) for the period to be appropriated | 9905 | €356 | -€16,542 | -€16,898 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.