CBIRD: what changed
CBIRD
Largest movements
- Receivables within one year +€40,262
up €40,262 (+98.8%), from €40,766 to €81,029
of which Other amounts receivable: +€26,064
- Cash -€13,557
down €13,557 (-85.5%), from €15,864 to €2,307
mainly Receivables within one year (-€40,262) and Deferred charges and accrued income (-€7,756)
- Deferred charges and accrued income +€7,756
up €7,756 (+2,326%), from €333 to €8,090
- Receivables after one year +€7,185
new in 2025: €7,185
- Intangible fixed assets -€5,000
down €5,000 (-86.1%), from €5,808 to €808
- Debts after one year +€17,704
new in 2025: €17,704
- Trade debts +€9,794
up €9,794 (+498%), from €1,965 to €11,759
- Reserves +€7,400
up €7,400 (+13.0%), from €57,000 to €64,400
- Current portion of long-term debt +€4,489
new in 2025: €4,489
- Purchases and services +€26,899
up €26,899 (+30.4%), from €88,360 to €115,259
- Turnover +€12,656
up €12,656 (+10.7%), from €118,223 to €130,879
- Gross operating margin -€12,128
down €12,128 (-37.5%), from €32,383 to €20,255
- Taxes -€2,217
down €2,217 (-36.3%), from €6,108 to €3,890
- Financial charges +€1,319
up €1,319 (+399%), from €330 to €1,650
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,630 | €106,745 | +€38,115 | +55.5% |
| Fixed assets | 21/28 | €11,666 | €8,134 | -€3,532 | -30.3% |
| Intangible fixed assets | 21 | €5,808 | €808 | -€5,000 | -86.1% |
| Tangible fixed assets | 22/27 | €5,858 | €5,826 | -€32 | -0.5% |
| Plant, machinery and equipment | 23 | €1,903 | €819 | -€1,085 | -57.0% |
| Furniture and vehicles | 24 | €3,955 | €5,008 | +€1,053 | +26.6% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €56,964 | €98,611 | +€41,647 | +73.1% |
| Amounts receivable after more than one year | 29 | - | €7,185 | +€7,185 | |
| Other amounts receivable | 291 | - | €7,185 | +€7,185 | |
| Amounts receivable within one year | 40/41 | €40,766 | €81,029 | +€40,262 | +98.8% |
| Trade receivables | 40 | €0 | €14,198 | +€14,198 | |
| Other amounts receivable | 41 | €40,766 | €66,831 | +€26,064 | +63.9% |
| Cash at bank and in hand | 54/58 | €15,864 | €2,307 | -€13,557 | -85.5% |
| Deferred charges and accrued income | 490/1 | €333 | €8,090 | +€7,756 | +2,326% |
| Total equity and liabilities | 10/49 | €68,630 | €106,745 | +€38,115 | +55.5% |
| Equity | 10/15 | €60,093 | €66,900 | +€6,807 | +11.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €57,000 | €64,400 | +€7,400 | +13.0% |
| Distributable reserves | 133 | €57,000 | €64,400 | +€7,400 | +13.0% |
| Profit (loss) carried forward | 14 | €593 | €0 | -€593 | -100% |
| Amounts payable | 17/49 | €8,538 | €39,845 | +€31,307 | +367% |
| Amounts payable after more than one year | 17 | - | €17,704 | +€17,704 | |
| Financial debts | 170/4 | - | €17,704 | +€17,704 | |
| Amounts payable within one year | 42/48 | €8,438 | €22,141 | +€13,704 | +162% |
| Current portion of amounts payable after more than one year | 42 | - | €4,489 | +€4,489 | |
| Trade debts | 44 | €1,965 | €11,759 | +€9,794 | +498% |
| Suppliers | 440/4 | €1,965 | €11,759 | +€9,794 | +498% |
| Taxes, remuneration and social security | 45 | €6,382 | €5,893 | -€489 | -7.7% |
| Taxes | 450/3 | €6,382 | €5,893 | -€489 | -7.7% |
| Other amounts payable | 47/48 | €90 | €0 | -€90 | -100% |
| Accrued charges and deferred income | 492/3 | €100 | €0 | -€100 | -100% |
| Turnover | 70 | €118,223 | €130,879 | +€12,656 | +10.7% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,360 | €115,259 | +€26,899 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,343 | €8,788 | +€445 | +5.3% |
| Other operating charges | 640/8 | €1,929 | €1,472 | -€457 | -23.7% |
| Gross operating margin | 9900 | €32,383 | €20,255 | -€12,128 | -37.5% |
| Operating profit (loss) | 9901 | €22,111 | €9,995 | -€12,116 | -54.8% |
| Financial income | 75/76B | €1,487 | €2,352 | +€865 | +58.1% |
| Recurring financial income | 75 | €1,487 | €2,352 | +€865 | +58.1% |
| Financial charges | 65/66B | €330 | €1,650 | +€1,319 | +399% |
| Recurring financial charges | 65 | €330 | €1,650 | +€1,319 | +399% |
| Profit (loss) for the period before taxes | 9903 | €23,268 | €10,697 | -€12,570 | -54.0% |
| Income taxes | 67/77 | €6,108 | €3,890 | -€2,217 | -36.3% |
| Profit (loss) for the period | 9904 | €17,160 | €6,807 | -€10,353 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,160 | €6,807 | -€10,353 | -60.3% |
Next steps
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 3 November 2026 via checked.be.