CB 20: 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.
CB 20
Largest movements
- Tangible fixed assets -€4,447
down €4,447 (-46.5%), from €9,571 to €5,124
of which Furniture and vehicles: -€4,091
- Receivables within one year +€2,021
up €2,021 (+27.9%), from €7,246 to €9,268
of which Other amounts receivable: +€1,351
- Cash -€1,081
down €1,081 (-21.3%), from €5,077 to €3,996
mainly Other debts (-€13,422) and Receivables within one year (-€2,021)
- Other debts -€13,422
down €13,422 (-58.3%), from €23,008 to €9,585
- Profit (loss) carried forward +€5,525
up €5,525, from -€2,030 to €3,495
- Trade debts +€4,440
up €4,440 (+108.8%), from €4,082 to €8,523
- Debts after one year -€1,508
down €1,508 (-79.5%), from €1,896 to €388
- Accrued charges and deferred income +€1,483
new in 2025: €1,483
- Taxes +€1,601
up €1,601 (+498.3%), from €321 to €1,922
- Other operating charges +€659
up €659 (+171.3%), from €384 to €1,043
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 | €33,276 | €29,798 | -€3,478 | -10.5% |
| Formation expenses | 20 | €324 | €99 | -€225 | -69.5% |
| Fixed assets | 21/28 | €9,571 | €5,124 | -€4,447 | -46.5% |
| Tangible fixed assets | 22/27 | €9,571 | €5,124 | -€4,447 | -46.5% |
| Plant, machinery and equipment | 23 | €685 | - | -€685 | |
| Furniture and vehicles | 24 | €8,887 | €4,795 | -€4,091 | -46.0% |
| Other tangible fixed assets | 26 | - | €329 | +€329 | |
| Current assets | 29/58 | €23,381 | €24,575 | +€1,194 | +5.1% |
| Stocks and contracts in progress | 3 | €11,057 | €11,146 | +€89 | +0.8% |
| Stocks | 30/36 | €11,057 | €11,146 | +€89 | +0.8% |
| Amounts receivable within one year | 40/41 | €7,246 | €9,268 | +€2,021 | +27.9% |
| Trade receivables | 40 | €6,905 | €7,575 | +€670 | +9.7% |
| Other amounts receivable | 41 | €342 | €1,693 | +€1,351 | +395.6% |
| Cash at bank and in hand | 54/58 | €5,077 | €3,996 | -€1,081 | -21.3% |
| Deferred charges and accrued income | 490/1 | - | €165 | +€165 | |
| Total equity and liabilities | 10/49 | €33,276 | €29,798 | -€3,478 | -10.5% |
| Equity | 10/15 | €2,470 | €7,995 | +€5,525 | +223.6% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,030 | €3,495 | +€5,525 | |
| Amounts payable | 17/49 | €30,805 | €21,803 | -€9,002 | -29.2% |
| Amounts payable after more than one year | 17 | €1,896 | €388 | -€1,508 | -79.5% |
| Financial debts | 170/4 | €1,896 | €388 | -€1,508 | -79.5% |
| Amounts payable within one year | 42/48 | €28,910 | €19,933 | -€8,977 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €1,441 | €1,508 | +€67 | +4.7% |
| Trade debts | 44 | €4,082 | €8,523 | +€4,440 | +108.8% |
| Suppliers | 440/4 | €4,082 | €8,523 | +€4,440 | +108.8% |
| Taxes, remuneration and social security | 45 | €379 | €317 | -€62 | -16.4% |
| Taxes | 450/3 | €379 | €317 | -€62 | -16.4% |
| Other amounts payable | 47/48 | €23,008 | €9,585 | -€13,422 | -58.3% |
| Accrued charges and deferred income | 492/3 | - | €1,483 | +€1,483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,852 | €4,866 | +€14 | +0.3% |
| Other operating charges | 640/8 | €384 | €1,043 | +€659 | +171.3% |
| Gross operating margin | 9900 | €13,830 | €13,930 | +€101 | +0.7% |
| Operating profit (loss) | 9901 | €8,594 | €8,021 | -€572 | -6.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €564 | €580 | +€16 | +2.8% |
| Recurring financial charges | 65 | €564 | €580 | +€16 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €8,030 | €7,446 | -€584 | -7.3% |
| Income taxes | 67/77 | €321 | €1,922 | +€1,601 | +498.3% |
| Profit (loss) for the period | 9904 | €7,709 | €5,525 | -€2,184 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,709 | €5,525 | -€2,184 | -28.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.