CB-Tech: 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-Tech
Largest movements
- Cash -€316,513
down €316,513 (-79.1%), from €400,088 to €83,575
mainly Contributions, distributions and other (-€239,806) and Other debts (-€127,781)
- Receivables within one year +€56,871
up €56,871 (+41.8%), from €136,019 to €192,890
of which Trade receivables: +€35,224
- Reserves -€136,964
down €136,964 (-57.1%), from €239,806 to €102,842
- Other debts -€127,781
down €127,781 (-39.7%), from €321,780 to €193,999
- Tax, wage and social debts -€27,204
down €27,204 (-73.3%), from €37,111 to €9,908
of which Taxes: -€28,413
- Accrued charges and deferred income +€7,072
up €7,072, from €0 to €7,072
- Staff costs +€29,669
up €29,669 (+57.8%), from €51,291 to €80,960
- Gross operating margin -€17,431
down €17,431 (-6.3%), from €276,910 to €259,479
- Taxes -€10,530
down €10,530 (-25.9%), from €40,712 to €30,182
- Depreciation -€4,983
down €4,983 (-11.9%), from €41,814 to €36,831
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 | €669,023 | €398,147 | -€270,876 | -40.5% |
| Fixed assets | 21/28 | €101,408 | €96,117 | -€5,291 | -5.2% |
| Tangible fixed assets | 22/27 | €101,368 | €96,117 | -€5,251 | -5.2% |
| Plant, machinery and equipment | 23 | €20,465 | €12,918 | -€7,548 | -36.9% |
| Furniture and vehicles | 24 | €44,888 | €33,443 | -€11,445 | -25.5% |
| Leasing and similar rights | 25 | €34,103 | €48,910 | +€14,807 | +43.4% |
| Other tangible fixed assets | 26 | €1,912 | €847 | -€1,065 | -55.7% |
| Financial fixed assets | 28 | €40 | - | -€40 | |
| Current assets | 29/58 | €567,615 | €302,030 | -€265,584 | -46.8% |
| Amounts receivable within one year | 40/41 | €136,019 | €192,890 | +€56,871 | +41.8% |
| Trade receivables | 40 | €122,111 | €157,335 | +€35,224 | +28.8% |
| Other amounts receivable | 41 | €13,908 | €35,555 | +€21,648 | +156% |
| Cash at bank and in hand | 54/58 | €400,088 | €83,575 | -€316,513 | -79.1% |
| Deferred charges and accrued income | 490/1 | €31,507 | €25,565 | -€5,942 | -18.9% |
| Total equity and liabilities | 10/49 | €669,023 | €398,147 | -€270,876 | -40.5% |
| Equity | 10/15 | €242,806 | €105,842 | -€136,964 | -56.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €239,806 | €102,842 | -€136,964 | -57.1% |
| Distributable reserves | 133 | €239,806 | €102,842 | -€136,964 | -57.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €426,217 | €292,305 | -€133,911 | -31.4% |
| Amounts payable after more than one year | 17 | €34,217 | €40,021 | +€5,804 | +17.0% |
| Financial debts | 170/4 | €34,217 | €40,021 | +€5,804 | +17.0% |
| Amounts payable within one year | 42/48 | €392,000 | €245,211 | -€146,788 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €15,351 | €20,245 | +€4,894 | +31.9% |
| Trade debts | 44 | €17,757 | €21,060 | +€3,302 | +18.6% |
| Suppliers | 440/4 | €17,757 | €21,060 | +€3,302 | +18.6% |
| Taxes, remuneration and social security | 45 | €37,111 | €9,908 | -€27,204 | -73.3% |
| Taxes | 450/3 | €28,699 | €286 | -€28,413 | -99.0% |
| Remuneration and social security | 454/9 | €8,412 | €9,622 | +€1,209 | +14.4% |
| Other amounts payable | 47/48 | €321,780 | €193,999 | -€127,781 | -39.7% |
| Accrued charges and deferred income | 492/3 | €0 | €7,072 | +€7,072 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €51,291 | €80,960 | +€29,669 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,814 | €36,831 | -€4,983 | -11.9% |
| Other operating charges | 640/8 | €2,746 | €1,574 | -€1,172 | -42.7% |
| Gross operating margin | 9900 | €276,910 | €259,479 | -€17,431 | -6.3% |
| Operating profit (loss) | 9901 | €181,058 | €140,113 | -€40,945 | -22.6% |
| Financial income | 75/76B | €1,385 | €2,348 | +€962 | +69.5% |
| Recurring financial income | 75 | €1,385 | €2,348 | +€962 | +69.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €9,568 | €9,436 | -€131 | -1.4% |
| Recurring financial charges | 65 | €9,568 | €8,873 | -€695 | -7.3% |
| Non-recurring financial charges | 66B | €0 | €563 | +€563 | |
| Profit (loss) for the period before taxes | 9903 | €172,876 | €133,024 | -€39,852 | -23.1% |
| Income taxes | 67/77 | €40,712 | €30,182 | -€10,530 | -25.9% |
| Profit (loss) for the period | 9904 | €132,163 | €102,842 | -€29,321 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €132,163 | €102,842 | -€29,321 | -22.2% |
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 1 November 2026 via checked.be.