CB Expertise: 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 Expertise
Largest movements
- Receivables within one year +€25,895
up €25,895 (+90.9%), from €28,474 to €54,368
of which Trade receivables: +€21,470
- Tangible fixed assets -€10,253
down €10,253 (-35.4%), from €28,976 to €18,723
- Cash -€1,902
down €1,902 (-23.7%), from €8,011 to €6,109
mainly Receivables within one year (-€25,895) and Tax, wage and social debts (-€10,576)
- Other debts +€13,287
up €13,287 (+127%), from €10,497 to €23,784
- Tax, wage and social debts -€10,576
down €10,576 (-92.6%), from €11,416 to €840
- Reserves +€10,000
up €10,000 (+15.7%), from €63,613 to €73,613
of which Distributable reserves: +€10,000
- Profit (loss) carried forward +€1,397
up €1,397 (+34.1%), from €4,097 to €5,493
- Gross operating margin -€20,405
down €20,405 (-41.9%), from €48,695 to €28,290
- Taxes -€6,225
down €6,225 (-50.6%), from €12,300 to €6,074
- Financial income +€932
up €932 (+9,319,900%), from €0 to €932
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 | €110,261 | €124,109 | +€13,848 | +12.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €29,656 | €19,403 | -€10,253 | -34.6% |
| Tangible fixed assets | 22/27 | €28,976 | €18,723 | -€10,253 | -35.4% |
| Furniture and vehicles | 24 | €28,976 | €18,723 | -€10,253 | -35.4% |
| Financial fixed assets | 28 | €680 | €680 | = | 0.0% |
| Current assets | 29/58 | €80,605 | €104,706 | +€24,101 | +29.9% |
| Amounts receivable within one year | 40/41 | €28,474 | €54,368 | +€25,895 | +90.9% |
| Trade receivables | 40 | €28,474 | €49,943 | +€21,470 | +75.4% |
| Other amounts receivable | 41 | €0 | €4,425 | +€4,425 | |
| Current investments | 50/53 | €42,000 | €42,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,011 | €6,109 | -€1,902 | -23.7% |
| Deferred charges and accrued income | 490/1 | €2,120 | €2,228 | +€108 | +5.1% |
| Total equity and liabilities | 10/49 | €110,261 | €124,109 | +€13,848 | +12.6% |
| Equity | 10/15 | €86,310 | €97,706 | +€11,397 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,613 | €73,613 | +€10,000 | +15.7% |
| Tax-exempt reserves | 132 | €103 | €103 | = | 0.0% |
| Distributable reserves | 133 | €63,510 | €73,510 | +€10,000 | +15.7% |
| Profit (loss) carried forward | 14 | €4,097 | €5,493 | +€1,397 | +34.1% |
| Amounts payable | 17/49 | €23,952 | €26,403 | +€2,451 | +10.2% |
| Amounts payable within one year | 42/48 | €23,952 | €26,403 | +€2,451 | +10.2% |
| Trade debts | 44 | €2,039 | €1,779 | -€260 | -12.8% |
| Suppliers | 440/4 | €2,039 | €1,779 | -€260 | -12.8% |
| Taxes, remuneration and social security | 45 | €11,416 | €840 | -€10,576 | -92.6% |
| Taxes | 450/3 | €11,416 | €840 | -€10,576 | -92.6% |
| Other amounts payable | 47/48 | €10,497 | €23,784 | +€13,287 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,606 | €10,253 | -€353 | -3.3% |
| Other operating charges | 640/8 | €155 | €139 | -€15 | -9.8% |
| Non-recurring operating charges | 66A | - | €129 | +€129 | |
| Gross operating margin | 9900 | €48,695 | €28,290 | -€20,405 | -41.9% |
| Operating profit (loss) | 9901 | €37,935 | €17,769 | -€20,166 | -53.2% |
| Financial income | 75/76B | €0 | €932 | +€932 | +9,319,900% |
| Recurring financial income | 75 | €0 | €932 | +€932 | +9,319,900% |
| Financial charges | 65/66B | €854 | €1,230 | +€376 | +44.0% |
| Recurring financial charges | 65 | €854 | €1,230 | +€376 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €37,081 | €17,471 | -€19,609 | -52.9% |
| Income taxes | 67/77 | €12,300 | €6,074 | -€6,225 | -50.6% |
| Profit (loss) for the period | 9904 | €24,781 | €11,397 | -€13,384 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,781 | €11,397 | -€13,384 | -54.0% |
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 22 October 2026 via checked.be.