CB DEALS: 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.
CB DEALS
Largest movements
- Tangible fixed assets +€24,211
new in 2025: €24,211
- Cash +€14,127
up €14,127 (+22.0%), from €64,287 to €78,414
mainly Net result for the year (+€36,394) and Receivables within one year (+€9,806)
- Receivables within one year -€9,806
down €9,806 (-32.6%), from €30,096 to €20,290
of which Trade receivables: -€13,216
- Stocks and contracts -€6,717
down €6,717 (-49.4%), from €13,595 to €6,878
- Reserves +€56,016
new in 2025: €56,016
- Advances received -€30,249
down €30,249 (-100%), from €30,249 to €0
- Profit (loss) carried forward -€19,622
down €19,622 (-100%), from €19,622 to €0
- Tax, wage and social debts +€8,814
up €8,814 (+27.3%), from €32,250 to €41,064
- Other debts +€7,870
up €7,870 (+39.5%), from €19,949 to €27,819
- Gross operating margin +€21,882
up €21,882 (+86.5%), from €25,299 to €47,181
- Taxes +€4,318
up €4,318 (+80.7%), from €5,352 to €9,670
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 | €108,763 | €129,793 | +€21,030 | +19.3% |
| Fixed assets | 21/28 | - | €24,211 | +€24,211 | |
| Tangible fixed assets | 22/27 | - | €24,211 | +€24,211 | |
| Furniture and vehicles | 24 | - | €24,211 | +€24,211 | |
| Current assets | 29/58 | €108,763 | €105,581 | -€3,181 | -2.9% |
| Stocks and contracts in progress | 3 | €13,595 | €6,878 | -€6,717 | -49.4% |
| Stocks | 30/36 | €13,595 | €6,878 | -€6,717 | -49.4% |
| Amounts receivable within one year | 40/41 | €30,096 | €20,290 | -€9,806 | -32.6% |
| Trade receivables | 40 | €30,096 | €16,879 | -€13,216 | -43.9% |
| Other amounts receivable | 41 | - | €3,410 | +€3,410 | |
| Cash at bank and in hand | 54/58 | €64,287 | €78,414 | +€14,127 | +22.0% |
| Deferred charges and accrued income | 490/1 | €785 | €0 | -€785 | -100% |
| Total equity and liabilities | 10/49 | €108,763 | €129,793 | +€21,030 | +19.3% |
| Equity | 10/15 | €22,122 | €58,516 | +€36,394 | +165% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €56,016 | +€56,016 | |
| Distributable reserves | 133 | - | €56,016 | +€56,016 | |
| Profit (loss) carried forward | 14 | €19,622 | €0 | -€19,622 | -100% |
| Amounts payable | 17/49 | €86,641 | €71,277 | -€15,364 | -17.7% |
| Amounts payable within one year | 42/48 | €86,641 | €71,277 | -€15,364 | -17.7% |
| Trade debts | 44 | €4,194 | €2,394 | -€1,800 | -42.9% |
| Suppliers | 440/4 | €4,194 | €2,394 | -€1,800 | -42.9% |
| Advances received on contracts in progress | 46 | €30,249 | €0 | -€30,249 | -100% |
| Taxes, remuneration and social security | 45 | €32,250 | €41,064 | +€8,814 | +27.3% |
| Taxes | 450/3 | €32,250 | €41,064 | +€8,814 | +27.3% |
| Other amounts payable | 47/48 | €19,949 | €27,819 | +€7,870 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €364 | +€364 | |
| Other operating charges | 640/8 | €208 | €320 | +€112 | +54.1% |
| Gross operating margin | 9900 | €25,299 | €47,181 | +€21,882 | +86.5% |
| Operating profit (loss) | 9901 | €25,091 | €46,497 | +€21,406 | +85.3% |
| Financial income | 75/76B | €106 | €2 | -€104 | -97.9% |
| Recurring financial income | 75 | €106 | €2 | -€104 | -97.9% |
| Financial charges | 65/66B | €224 | €435 | +€211 | +94.1% |
| Recurring financial charges | 65 | €224 | €435 | +€211 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | €24,973 | €46,064 | +€21,091 | +84.5% |
| Income taxes | 67/77 | €5,352 | €9,670 | +€4,318 | +80.7% |
| Profit (loss) for the period | 9904 | €19,622 | €36,394 | +€16,773 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,622 | €36,394 | +€16,773 | +85.5% |
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 15 October 2026 via checked.be.