CB2.Invest: 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.
CB2.Invest
Largest movements
- Current investments +€450,000
new in 2025: €450,000
- Receivables after one year -€350,000
down €350,000 (-100%), from €350,000 to €0
- Cash -€63,728
down €63,728 (-26.3%), from €242,584 to €178,856
mainly Current investments (-€450,000) and Net result for the year (-€13,320)
- Receivables within one year -€22,508
down €22,508 (-68.2%), from €32,985 to €10,477
of which Other amounts receivable: -€22,394
- Tangible fixed assets -€13,465
down €13,465 (-4.2%), from €317,199 to €303,734
of which Land and buildings: -€12,702
- Profit (loss) carried forward -€13,320
down €13,320 (-124%), from -€10,743 to -€24,063
- Gross operating margin -€67,226
down €67,226 (-98.5%), from €68,236 to €1,010
- Other operating charges +€3,274
up €3,274 (+123%), from €2,652 to €5,926
- Financial income +€1,070
up €1,070 (+19.9%), from €5,371 to €6,441
- Depreciation +€756
up €756 (+5.4%), from €14,023 to €14,779
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 | €954,742 | €946,685 | -€8,058 | -0.8% |
| Fixed assets | 21/28 | €317,699 | €304,234 | -€13,465 | -4.2% |
| Tangible fixed assets | 22/27 | €317,199 | €303,734 | -€13,465 | -4.2% |
| Land and buildings | 22 | €312,177 | €299,476 | -€12,702 | -4.1% |
| Furniture and vehicles | 24 | €5,022 | €4,259 | -€763 | -15.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €637,044 | €642,451 | +€5,407 | +0.8% |
| Amounts receivable after more than one year | 29 | €350,000 | €0 | -€350,000 | -100% |
| Other amounts receivable | 291 | €350,000 | €0 | -€350,000 | -100% |
| Amounts receivable within one year | 40/41 | €32,985 | €10,477 | -€22,508 | -68.2% |
| Trade receivables | 40 | €275 | €161 | -€114 | -41.4% |
| Other amounts receivable | 41 | €32,709 | €10,315 | -€22,394 | -68.5% |
| Current investments | 50/53 | - | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €242,584 | €178,856 | -€63,728 | -26.3% |
| Deferred charges and accrued income | 490/1 | €11,475 | €3,118 | -€8,357 | -72.8% |
| Total equity and liabilities | 10/49 | €954,742 | €946,685 | -€8,058 | -0.8% |
| Equity | 10/15 | €954,308 | €940,988 | -€13,320 | -1.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €845,051 | €845,051 | = | 0.0% |
| Tax-exempt reserves | 132 | €413 | €413 | = | 0.0% |
| Distributable reserves | 133 | €844,638 | €844,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,743 | -€24,063 | -€13,320 | -124% |
| Amounts payable | 17/49 | €434 | €5,697 | +€5,263 | +1,212% |
| Amounts payable within one year | 42/48 | €434 | €4,761 | +€4,327 | +997% |
| Trade debts | 44 | €434 | €2,716 | +€2,282 | +526% |
| Suppliers | 440/4 | €434 | €2,716 | +€2,282 | +526% |
| Taxes, remuneration and social security | 45 | - | €2,045 | +€2,045 | |
| Taxes | 450/3 | - | €2,045 | +€2,045 | |
| Accrued charges and deferred income | 492/3 | - | €936 | +€936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,023 | €14,779 | +€756 | +5.4% |
| Other operating charges | 640/8 | €2,652 | €5,926 | +€3,274 | +123% |
| Gross operating margin | 9900 | €68,236 | €1,010 | -€67,226 | -98.5% |
| Operating profit (loss) | 9901 | €51,561 | -€19,695 | -€71,256 | |
| Financial income | 75/76B | €5,371 | €6,441 | +€1,070 | +19.9% |
| Recurring financial income | 75 | €5,371 | €6,441 | +€1,070 | +19.9% |
| Financial charges | 65/66B | €30 | €66 | +€36 | +119% |
| Recurring financial charges | 65 | €30 | €66 | +€36 | +119% |
| Profit (loss) for the period before taxes | 9903 | €56,902 | -€13,320 | -€70,222 | |
| Profit (loss) for the period | 9904 | €56,902 | -€13,320 | -€70,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,902 | -€13,320 | -€70,222 |
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 26 October 2026 via checked.be.