Cbiz: 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.
Cbiz
Largest movements
- Receivables within one year -€225,294
down €225,294 (-83.0%), from €271,471 to €46,177
of which Other amounts receivable: -€158,833
- Cash -€42,931
down €42,931 (-30.4%), from €141,005 to €98,074
mainly Contributions, distributions and other (-€277,825) and Tax, wage and social debts (-€80,818)
- Current investments +€42,263
up €42,263 (+10.7%), from €394,789 to €437,052
- Stocks and contracts +€17,990
new in 2025: €17,990
- Tangible fixed assets +€8,664
up €8,664 (+77.7%), from €11,151 to €19,815
of which Furniture and vehicles: +€5,497
- Reserves -€119,333
down €119,333 (-17.0%), from €702,929 to €583,596
of which Distributable reserves: -€119,333
- Tax, wage and social debts -€80,818
down €80,818 (-100.0%), from €80,818 to €0
- Gross operating margin -€20,314
down €20,314 (-7.5%), from €271,099 to €250,785
- Taxes -€8,660
down €8,660 (-9.9%), from €87,383 to €78,722
- Staff costs -€4,265
down €4,265 (-52.6%), from €8,104 to €3,839
- Depreciation +€3,427
up €3,427 (+68.8%), from €4,978 to €8,405
- Financial income -€2,862
down €2,862 (-40.3%), from €7,111 to €4,249
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 | €839,132 | €635,160 | -€203,973 | -24.3% |
| Fixed assets | 21/28 | €31,867 | €35,866 | +€3,999 | +12.5% |
| Intangible fixed assets | 21 | €20,716 | €16,051 | -€4,665 | -22.5% |
| Tangible fixed assets | 22/27 | €11,151 | €19,815 | +€8,664 | +77.7% |
| Plant, machinery and equipment | 23 | €3,702 | €6,869 | +€3,167 | +85.5% |
| Furniture and vehicles | 24 | €7,449 | €12,946 | +€5,497 | +73.8% |
| Current assets | 29/58 | €807,266 | €599,294 | -€207,972 | -25.8% |
| Stocks and contracts in progress | 3 | - | €17,990 | +€17,990 | |
| Stocks | 30/36 | - | €17,990 | +€17,990 | |
| Amounts receivable within one year | 40/41 | €271,471 | €46,177 | -€225,294 | -83.0% |
| Trade receivables | 40 | €103,638 | €37,177 | -€66,461 | -64.1% |
| Other amounts receivable | 41 | €167,834 | €9,000 | -€158,833 | -94.6% |
| Current investments | 50/53 | €394,789 | €437,052 | +€42,263 | +10.7% |
| Cash at bank and in hand | 54/58 | €141,005 | €98,074 | -€42,931 | -30.4% |
| Total equity and liabilities | 10/49 | €839,132 | €635,160 | -€203,973 | -24.3% |
| Equity | 10/15 | €717,929 | €598,596 | -€119,333 | -16.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €702,929 | €583,596 | -€119,333 | -17.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €701,069 | €581,736 | -€119,333 | -17.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,203 | €36,563 | -€84,640 | -69.8% |
| Amounts payable within one year | 42/48 | €121,203 | €36,563 | -€84,640 | -69.8% |
| Trade debts | 44 | €40,385 | €36,563 | -€3,822 | -9.5% |
| Suppliers | 440/4 | €40,385 | €36,563 | -€3,822 | -9.5% |
| Taxes, remuneration and social security | 45 | €80,818 | €0 | -€80,818 | -100.0% |
| Taxes | 450/3 | €80,818 | €0 | -€80,818 | -100.0% |
| Remuneration, social security and pensions | 62 | €8,104 | €3,839 | -€4,265 | -52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,978 | €8,405 | +€3,427 | +68.8% |
| Other operating charges | 640/8 | €1,656 | €1,509 | -€148 | -8.9% |
| Gross operating margin | 9900 | €271,099 | €250,785 | -€20,314 | -7.5% |
| Operating profit (loss) | 9901 | €256,360 | €237,032 | -€19,328 | -7.5% |
| Financial income | 75/76B | €7,111 | €4,249 | -€2,862 | -40.3% |
| Recurring financial income | 75 | €7,111 | €4,249 | -€2,862 | -40.3% |
| Financial charges | 65/66B | €1,251 | €4,066 | +€2,816 | +225.1% |
| Recurring financial charges | 65 | €1,251 | €4,066 | +€2,816 | +225.1% |
| Profit (loss) for the period before taxes | 9903 | €262,221 | €237,214 | -€25,006 | -9.5% |
| Income taxes | 67/77 | €87,383 | €78,722 | -€8,660 | -9.9% |
| Profit (loss) for the period | 9904 | €174,838 | €158,492 | -€16,346 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €174,838 | €158,492 | -€16,346 | -9.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.