CASHBO: 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.
CASHBO
Largest movements
- Deferred charges and accrued income +€39,266
up €39,266 (+10,112%), from €388 to €39,654
- Cash +€24,481
up €24,481 (+34.1%), from €71,700 to €96,181
mainly Net result for the year (+€51,426) and Tax, wage and social debts (+€45,591)
- Stocks and contracts +€8,824
up €8,824 (+43.1%), from €20,486 to €29,310
- Receivables within one year +€8,052
up €8,052 (+3.0%), from €265,003 to €273,054
of which Trade receivables: +€15,523
- Profit (loss) carried forward +€51,426
up €51,426 (+86.7%), from -€59,298 to -€7,872
- Tax, wage and social debts +€45,591
up €45,591 (+72.6%), from €62,835 to €108,426
of which Remuneration and social security: +€30,460
- Trade debts -€21,016
down €21,016 (-7.7%), from €272,659 to €251,643
- Current portion of long-term debt -€6,944
down €6,944 (-100%), from €6,944 to €0
- Accrued charges and deferred income +€6,681
up €6,681 (+46.8%), from €14,267 to €20,947
- Gross operating margin +€245,940
up €245,940 (+34.9%), from €704,616 to €950,556
- Staff costs +€233,786
up €233,786 (+35.8%), from €652,310 to €886,096
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 | €370,296 | €447,858 | +€77,562 | +20.9% |
| Fixed assets | 21/28 | €12,718 | €9,659 | -€3,059 | -24.1% |
| Intangible fixed assets | 21 | €11,408 | €9,558 | -€1,850 | -16.2% |
| Tangible fixed assets | 22/27 | €1,310 | €101 | -€1,209 | -92.3% |
| Plant, machinery and equipment | 23 | €1,310 | €101 | -€1,209 | -92.3% |
| Current assets | 29/58 | €357,578 | €438,199 | +€80,621 | +22.5% |
| Stocks and contracts in progress | 3 | €20,486 | €29,310 | +€8,824 | +43.1% |
| Stocks | 30/36 | €20,486 | €29,310 | +€8,824 | +43.1% |
| Amounts receivable within one year | 40/41 | €265,003 | €273,054 | +€8,052 | +3.0% |
| Trade receivables | 40 | €19,496 | €35,019 | +€15,523 | +79.6% |
| Other amounts receivable | 41 | €245,507 | €238,035 | -€7,472 | -3.0% |
| Cash at bank and in hand | 54/58 | €71,700 | €96,181 | +€24,481 | +34.1% |
| Deferred charges and accrued income | 490/1 | €388 | €39,654 | +€39,266 | +10,112% |
| Total equity and liabilities | 10/49 | €370,296 | €447,858 | +€77,562 | +20.9% |
| Equity | 10/15 | €1,403 | €52,829 | +€51,426 | +3,666% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €50,701 | €50,701 | = | 0.0% |
| Distributable reserves | 133 | €50,701 | €50,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,298 | -€7,872 | +€51,426 | +86.7% |
| Amounts payable | 17/49 | €368,893 | €395,029 | +€26,136 | +7.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €354,626 | €374,081 | +€19,455 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €6,944 | €0 | -€6,944 | -100% |
| Trade debts | 44 | €272,659 | €251,643 | -€21,016 | -7.7% |
| Suppliers | 440/4 | €272,659 | €251,643 | -€21,016 | -7.7% |
| Taxes, remuneration and social security | 45 | €62,835 | €108,426 | +€45,591 | +72.6% |
| Taxes | 450/3 | €0 | €15,131 | +€15,131 | |
| Remuneration and social security | 454/9 | €62,835 | €93,295 | +€30,460 | +48.5% |
| Other amounts payable | 47/48 | €12,188 | €14,012 | +€1,825 | +15.0% |
| Accrued charges and deferred income | 492/3 | €14,267 | €20,947 | +€6,681 | +46.8% |
| Remuneration, social security and pensions | 62 | €652,310 | €886,096 | +€233,786 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,059 | €3,059 | = | 0.0% |
| Other operating charges | 640/8 | €934 | €1,739 | +€806 | +86.3% |
| Gross operating margin | 9900 | €704,616 | €950,556 | +€245,940 | +34.9% |
| Operating profit (loss) | 9901 | €48,314 | €59,662 | +€11,348 | +23.5% |
| Financial income | 75/76B | €0 | €65 | +€65 | |
| Recurring financial income | 75 | €0 | €65 | +€65 | |
| Financial charges | 65/66B | €3,042 | €6,901 | +€3,859 | +127% |
| Recurring financial charges | 65 | €3,042 | €6,901 | +€3,859 | +127% |
| Profit (loss) for the period before taxes | 9903 | €45,272 | €52,826 | +€7,554 | +16.7% |
| Income taxes | 67/77 | - | €1,400 | +€1,400 | |
| Profit (loss) for the period | 9904 | €45,272 | €51,426 | +€6,154 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,272 | €51,426 | +€6,154 | +13.6% |
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 25 October 2026 via checked.be.