CB-Solutions: what changed
What changed
CB-Solutions
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€155,096
2024 · €87,175+€67,921
Equity
€559,619
2024 · €404,523+€155,096
Cash
€329,697
2024 · €188,505+€141,191
Balance sheet total
€959,449
2024 · €814,427+€145,022
Largest movements
Assets
- Cash +€141,191
up €141,191 (+74.9%), from €188,505 to €329,697
mainly Net result for the year (+€155,096) and Depreciation (+€47,320)
- Receivables within one year +€54,605
up €54,605 (+135%), from €40,362 to €94,967
of which Trade receivables: +€62,018
- Tangible fixed assets -€41,806
down €41,806 (-8.7%), from €478,058 to €436,252
of which Land and buildings: -€24,949
- Stocks and contracts -€11,173
down €11,173 (-12.4%), from €90,353 to €79,180
Equity and liabilities
- Profit (loss) carried forward +€155,096
up €155,096 (+39.3%), from €394,523 to €549,619
- Advances received +€40,998
up €40,998 (+480%), from €8,537 to €49,535
- Debts after one year -€26,505
down €26,505 (-9.0%), from €295,614 to €269,109
- Other debts -€25,980
down €25,980 (-63.2%), from €41,091 to €15,111
Income statement
- Gross operating margin +€112,712
up €112,712 (+42.0%), from €268,430 to €381,142
- Staff costs +€25,876
up €25,876 (+28.5%), from €90,900 to €116,776
- Taxes +€22,282
up €22,282 (+88.7%), from €25,113 to €47,395
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€87,175
Gross operating margin
+€112,712
Staff costs
-€25,876
Depreciation
+€973
Other operating charges
+€370
Financial income
-€92
Financial charges
+€2,116
Taxes
-€22,282
Result 2025
€155,096
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€176,826
Investment
-€5,330
Financing
-€30,305
Cash 2024
€188,505
From operations (derived)
+€176,826
Net result for the year
+€155,096
Depreciation
+€47,320
Stocks and contracts
+€11,173
Receivables within one year
-€54,605
Deferred charges and accrued income
-€2,388
Trade debts
+€5,218
Tax, wage and social debts
+€3,949
Advances received
+€40,998
Other debts
-€25,980
Accrued charges and deferred income
-€3,954
Investment (derived)
-€5,330
Investment in fixed assets (net)
-€5,330
Financing
-€30,305
Debts after one year
-€26,505
Current portion of long-term debt
-€3,800
Cash 2025
€329,697
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €814,427 | €959,449 | +€145,022 | +17.8% |
| Fixed assets | 21/28 | €478,641 | €436,651 | -€41,990 | -8.8% |
| Intangible fixed assets | 21 | €584 | €360 | -€224 | -38.4% |
| Tangible fixed assets | 22/27 | €478,058 | €436,252 | -€41,806 | -8.7% |
| Land and buildings | 22 | €435,454 | €410,505 | -€24,949 | -5.7% |
| Plant, machinery and equipment | 23 | €9,842 | €6,976 | -€2,866 | -29.1% |
| Furniture and vehicles | 24 | €24,285 | €15,012 | -€9,273 | -38.2% |
| Leasing and similar rights | 25 | €8,477 | €3,758 | -€4,718 | -55.7% |
| Financial fixed assets | 28 | - | €40 | +€40 | |
| Current assets | 29/58 | €335,786 | €522,797 | +€187,011 | +55.7% |
| Stocks and contracts in progress | 3 | €90,353 | €79,180 | -€11,173 | -12.4% |
| Stocks | 30/36 | €90,353 | €79,180 | -€11,173 | -12.4% |
| Amounts receivable within one year | 40/41 | €40,362 | €94,967 | +€54,605 | +135% |
| Trade receivables | 40 | €27,187 | €89,205 | +€62,018 | +228% |
| Other amounts receivable | 41 | €13,175 | €5,762 | -€7,413 | -56.3% |
| Cash at bank and in hand | 54/58 | €188,505 | €329,697 | +€141,191 | +74.9% |
| Deferred charges and accrued income | 490/1 | €16,566 | €18,954 | +€2,388 | +14.4% |
| Total equity and liabilities | 10/49 | €814,427 | €959,449 | +€145,022 | +17.8% |
| Equity | 10/15 | €404,523 | €559,619 | +€155,096 | +38.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,523 | €549,619 | +€155,096 | +39.3% |
| Amounts payable | 17/49 | €409,904 | €399,830 | -€10,074 | -2.5% |
| Amounts payable after more than one year | 17 | €295,614 | €269,109 | -€26,505 | -9.0% |
| Financial debts | 170/4 | €295,614 | €269,109 | -€26,505 | -9.0% |
| Amounts payable within one year | 42/48 | €106,771 | €127,155 | +€20,384 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €40,399 | €36,599 | -€3,800 | -9.4% |
| Trade debts | 44 | €8,664 | €13,882 | +€5,218 | +60.2% |
| Suppliers | 440/4 | €8,664 | €13,882 | +€5,218 | +60.2% |
| Advances received on contracts in progress | 46 | €8,537 | €49,535 | +€40,998 | +480% |
| Taxes, remuneration and social security | 45 | €8,079 | €12,028 | +€3,949 | +48.9% |
| Taxes | 450/3 | €0 | €1,990 | +€1,990 | |
| Remuneration and social security | 454/9 | €8,079 | €10,038 | +€1,959 | +24.2% |
| Other amounts payable | 47/48 | €41,091 | €15,111 | -€25,980 | -63.2% |
| Accrued charges and deferred income | 492/3 | €7,520 | €3,565 | -€3,954 | -52.6% |
| Remuneration, social security and pensions | 62 | €90,900 | €116,776 | +€25,876 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,293 | €47,320 | -€973 | -2.0% |
| Other operating charges | 640/8 | €3,530 | €3,160 | -€370 | -10.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €268,430 | €381,142 | +€112,712 | +42.0% |
| Operating profit (loss) | 9901 | €125,707 | €213,886 | +€88,179 | +70.1% |
| Financial income | 75/76B | €1,469 | €1,376 | -€92 | -6.3% |
| Recurring financial income | 75 | €1,469 | €1,376 | -€92 | -6.3% |
| Financial charges | 65/66B | €14,887 | €12,771 | -€2,116 | -14.2% |
| Recurring financial charges | 65 | €14,887 | €12,771 | -€2,116 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €112,288 | €202,491 | +€90,203 | +80.3% |
| Income taxes | 67/77 | €25,113 | €47,395 | +€22,282 | +88.7% |
| Profit (loss) for the period | 9904 | €87,175 | €155,096 | +€67,921 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,175 | €155,096 | +€67,921 | +77.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.