CBO: 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.
CBO
Largest movements
- Receivables within one year -€1,874
down €1,874 (-18.1%), from €10,361 to €8,487
of which Other amounts receivable: -€1,874
- Cash -€1,121
down €1,121 (-19.6%), from €5,705 to €4,585
mainly Net result for the year (-€2,939) and Trade debts (-€1,026)
- Deferred charges and accrued income -€970
no longer reported in 2025 (was €970)
- Profit (loss) carried forward -€2,939
down €2,939 (-9.0%), from -€32,659 to -€35,598
- Trade debts -€1,026
no longer reported in 2025 (was €1,026)
- Gross operating margin -€4,384
down €4,384, from €1,704 to -€2,680
- Depreciation -€522
no longer reported in 2025 (was €522)
- Financial income -€298
no longer reported in 2025 (was €298)
- Other operating charges -€34
down €34 (-23.7%), from €143 to €109
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 | €17,666 | €13,701 | -€3,965 | -22.4% |
| Fixed assets | 21/28 | €630 | €630 | = | 0.0% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €17,036 | €13,071 | -€3,965 | -23.3% |
| Amounts receivable within one year | 40/41 | €10,361 | €8,487 | -€1,874 | -18.1% |
| Trade receivables | 40 | €640 | €640 | = | 0.0% |
| Other amounts receivable | 41 | €9,721 | €7,847 | -€1,874 | -19.3% |
| Cash at bank and in hand | 54/58 | €5,705 | €4,585 | -€1,121 | -19.6% |
| Deferred charges and accrued income | 490/1 | €970 | - | -€970 | |
| Total equity and liabilities | 10/49 | €17,666 | €13,701 | -€3,965 | -22.4% |
| Equity | 10/15 | €16,640 | €13,701 | -€2,939 | -17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,700 | €30,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,840 | €28,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,659 | -€35,598 | -€2,939 | -9.0% |
| Amounts payable | 17/49 | €1,026 | - | -€1,026 | |
| Amounts payable within one year | 42/48 | €1,026 | - | -€1,026 | |
| Trade debts | 44 | €1,026 | - | -€1,026 | |
| Suppliers | 440/4 | €1,026 | - | -€1,026 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | - | -€522 | |
| Other operating charges | 640/8 | €143 | €109 | -€34 | -23.7% |
| Gross operating margin | 9900 | €1,704 | -€2,680 | -€4,384 | |
| Operating profit (loss) | 9901 | €1,040 | -€2,789 | -€3,829 | |
| Financial income | 75/76B | €298 | - | -€298 | |
| Recurring financial income | 75 | €298 | - | -€298 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +10.9% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €1,203 | -€2,939 | -€4,142 | |
| Profit (loss) for the period | 9904 | €1,203 | -€2,939 | -€4,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,203 | -€2,939 | -€4,142 |
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 12 October 2026 via checked.be.