CB HOLDING: 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 HOLDING
Largest movements
- Tangible fixed assets +€653,519
up €653,519 (+54.7%), from €1.2m to €1.8m
of which Land and buildings: +€654,929
- Current investments -€358,669
down €358,669 (-85.5%), from €419,411 to €60,742
- Stocks and contracts +€216,500
up €216,500 (+620.4%), from €34,895 to €251,395
- Cash +€134,129
up €134,129 (+110.8%), from €121,012 to €255,142
mainly Debts after one year (+€508,761) and Current investments (+€358,669)
- Debts after one year +€508,761
up €508,761 (+68.5%), from €743,249 to €1.3m
- Reserves +€107,248
up €107,248 (+25.8%), from €416,328 to €523,576
of which Distributable reserves: +€107,248
- Current portion of long-term debt +€32,473
up €32,473 (+45.9%), from €70,745 to €103,218
- Other debts -€31,525
down €31,525 (-23.4%), from €134,745 to €103,219
- Gross operating margin +€65,024
up €65,024 (+25.6%), from €253,638 to €318,662
- Other operating charges +€24,503
up €24,503 (+223.6%), from €10,956 to €35,459
- Depreciation +€13,071
up €13,071 (+22.2%), from €58,788 to €71,859
- Taxes +€8,836
up €8,836 (+19.6%), from €45,027 to €53,863
- Staff costs -€5,169
down €5,169 (-17.3%), from €29,827 to €24,658
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 | €1,950,521 | €2,580,903 | +€630,382 | +32.3% |
| Fixed assets | 21/28 | €1,273,729 | €1,927,248 | +€653,519 | +51.3% |
| Tangible fixed assets | 22/27 | €1,195,671 | €1,849,189 | +€653,519 | +54.7% |
| Land and buildings | 22 | €1,100,089 | €1,755,018 | +€654,929 | +59.5% |
| Plant, machinery and equipment | 23 | €4,340 | €3,569 | -€771 | -17.8% |
| Furniture and vehicles | 24 | €91,242 | €90,603 | -€639 | -0.7% |
| Financial fixed assets | 28 | €78,058 | €78,058 | = | 0.0% |
| Current assets | 29/58 | €676,792 | €653,656 | -€23,137 | -3.4% |
| Amounts receivable after more than one year | 29 | €21,000 | €21,000 | = | 0.0% |
| Other amounts receivable | 291 | €21,000 | €21,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €34,895 | €251,395 | +€216,500 | +620.4% |
| Stocks | 30/36 | €34,895 | €251,395 | +€216,500 | +620.4% |
| Amounts receivable within one year | 40/41 | €80,150 | €65,094 | -€15,056 | -18.8% |
| Trade receivables | 40 | €79,916 | €64,337 | -€15,579 | -19.5% |
| Other amounts receivable | 41 | €234 | €756 | +€523 | +223.4% |
| Current investments | 50/53 | €419,411 | €60,742 | -€358,669 | -85.5% |
| Cash at bank and in hand | 54/58 | €121,012 | €255,142 | +€134,129 | +110.8% |
| Deferred charges and accrued income | 490/1 | €324 | €283 | -€41 | -12.7% |
| Total equity and liabilities | 10/49 | €1,950,521 | €2,580,903 | +€630,382 | +32.3% |
| Equity | 10/15 | €832,561 | €939,808 | +€107,248 | +12.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €416,328 | €523,576 | +€107,248 | +25.8% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €408,828 | €516,076 | +€107,248 | +26.2% |
| Profit (loss) carried forward | 14 | €341,232 | €341,232 | = | 0.0% |
| Amounts payable | 17/49 | €1,117,960 | €1,641,095 | +€523,135 | +46.8% |
| Amounts payable after more than one year | 17 | €743,249 | €1,252,011 | +€508,761 | +68.5% |
| Financial debts | 170/4 | €743,249 | €1,252,011 | +€508,761 | +68.5% |
| Amounts payable within one year | 42/48 | €374,711 | €373,398 | -€1,313 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €70,745 | €103,218 | +€32,473 | +45.9% |
| Financial debts | 43 | €8,523 | €8,093 | -€429 | -5.0% |
| Credit institutions | 430/8 | €8,523 | €8,093 | -€429 | -5.0% |
| Trade debts | 44 | €99,514 | €86,486 | -€13,028 | -13.1% |
| Suppliers | 440/4 | €99,514 | €86,486 | -€13,028 | -13.1% |
| Advances received on contracts in progress | 46 | €4,525 | €0 | -€4,525 | -100.0% |
| Taxes, remuneration and social security | 45 | €56,660 | €72,381 | +€15,721 | +27.7% |
| Taxes | 450/3 | €49,300 | €71,244 | +€21,945 | +44.5% |
| Remuneration and social security | 454/9 | €7,360 | €1,137 | -€6,223 | -84.5% |
| Other amounts payable | 47/48 | €134,745 | €103,219 | -€31,525 | -23.4% |
| Accrued charges and deferred income | 492/3 | €0 | €15,686 | +€15,686 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €29,827 | €24,658 | -€5,169 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,788 | €71,859 | +€13,071 | +22.2% |
| Other operating charges | 640/8 | €10,956 | €35,459 | +€24,503 | +223.6% |
| Non-recurring operating charges | 66A | €0 | €182 | +€182 | |
| Gross operating margin | 9900 | €253,638 | €318,662 | +€65,024 | +25.6% |
| Operating profit (loss) | 9901 | €154,067 | €186,505 | +€32,438 | +21.1% |
| Financial income | 75/76B | €8,058 | €5,081 | -€2,977 | -36.9% |
| Recurring financial income | 75 | €8,058 | €5,081 | -€2,977 | -36.9% |
| Financial charges | 65/66B | €25,466 | €30,475 | +€5,009 | +19.7% |
| Recurring financial charges | 65 | €25,466 | €30,475 | +€5,009 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €136,659 | €161,111 | +€24,451 | +17.9% |
| Income taxes | 67/77 | €45,027 | €53,863 | +€8,836 | +19.6% |
| Profit (loss) for the period | 9904 | €91,632 | €107,248 | +€15,616 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,632 | €107,248 | +€15,616 | +17.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.