CB management: 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 management
Largest movements
- Cash +€83,161
up €83,161 (+62.1%), from €133,944 to €217,105
mainly Net result for the year (+€56,759) and Deferred charges and accrued income (+€39,200)
- Deferred charges and accrued income -€39,200
down €39,200 (-48.3%), from €81,085 to €41,886
- Reserves +€56,759
up €56,759 (+29.5%), from €192,620 to €249,379
- Accrued charges and deferred income +€15,794
new in 2025: €15,794
- Current portion of long-term debt -€12,306
no longer reported in 2025 (was €12,306)
- Other debts -€11,305
down €11,305 (-5.6%), from €202,579 to €191,274
- Financial income -€39,993
down €39,993 (-49.3%), from €81,085 to €41,092
- Financial charges +€15,735
up €15,735 (+1267.7%), from €1,241 to €16,976
- Taxes -€8,576
down €8,576 (-38.6%), from €22,241 to €13,665
- Other operating charges -€725
down €725 (-72.9%), from €995 to €270
- Gross operating margin -€585
down €585 (-1.2%), from €47,162 to €46,577
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 | €450,875 | €494,348 | +€43,473 | +9.6% |
| Fixed assets | 21/28 | €235,357 | €235,357 | = | 0.0% |
| Financial fixed assets | 28 | €235,357 | €235,357 | = | 0.0% |
| Current assets | 29/58 | €215,518 | €258,991 | +€43,473 | +20.2% |
| Amounts receivable within one year | 40/41 | €489 | - | -€489 | |
| Trade receivables | 40 | €489 | - | -€489 | |
| Cash at bank and in hand | 54/58 | €133,944 | €217,105 | +€83,161 | +62.1% |
| Deferred charges and accrued income | 490/1 | €81,085 | €41,886 | -€39,200 | -48.3% |
| Total equity and liabilities | 10/49 | €450,875 | €494,348 | +€43,473 | +9.6% |
| Equity | 10/15 | €195,620 | €252,379 | +€56,759 | +29.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €192,620 | €249,379 | +€56,759 | +29.5% |
| Distributable reserves | 133 | €192,620 | €249,379 | +€56,759 | +29.5% |
| Amounts payable | 17/49 | €255,255 | €241,969 | -€13,286 | -5.2% |
| Amounts payable within one year | 42/48 | €255,255 | €226,176 | -€29,080 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €12,306 | - | -€12,306 | |
| Trade debts | 44 | €8,396 | €7,672 | -€724 | -8.6% |
| Suppliers | 440/4 | €8,396 | €7,672 | -€724 | -8.6% |
| Taxes, remuneration and social security | 45 | €31,974 | €27,230 | -€4,744 | -14.8% |
| Taxes | 450/3 | €31,822 | €25,810 | -€6,012 | -18.9% |
| Remuneration and social security | 454/9 | €152 | €1,420 | +€1,268 | +836.9% |
| Other amounts payable | 47/48 | €202,579 | €191,274 | -€11,305 | -5.6% |
| Accrued charges and deferred income | 492/3 | - | €15,794 | +€15,794 | |
| Other operating charges | 640/8 | €995 | €270 | -€725 | -72.9% |
| Gross operating margin | 9900 | €47,162 | €46,577 | -€585 | -1.2% |
| Operating profit (loss) | 9901 | €46,167 | €46,307 | +€140 | +0.3% |
| Financial income | 75/76B | €81,085 | €41,092 | -€39,993 | -49.3% |
| Recurring financial income | 75 | €81,085 | €41,092 | -€39,993 | -49.3% |
| Financial charges | 65/66B | €1,241 | €16,976 | +€15,735 | +1267.7% |
| Recurring financial charges | 65 | €1,241 | €16,976 | +€15,735 | +1267.7% |
| Profit (loss) for the period before taxes | 9903 | €126,011 | €70,423 | -€55,588 | -44.1% |
| Income taxes | 67/77 | €22,241 | €13,665 | -€8,576 | -38.6% |
| Profit (loss) for the period | 9904 | €103,771 | €56,759 | -€47,012 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €103,771 | €56,759 | -€47,012 | -45.3% |
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 8 October 2026 via checked.be.