CBO SERVICES: 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.
CBO SERVICES
Largest movements
- Receivables within one year -€25,038
down €25,038 (-54.3%), from €46,095 to €21,057
of which Trade receivables: -€24,134
- Cash -€13,492
down €13,492 (-49.3%), from €27,374 to €13,882
mainly Trade debts (-€41,433) and Other debts (-€3,929)
- Tangible fixed assets -€8,507
down €8,507 (-24.9%), from €34,099 to €25,592
of which Furniture and vehicles: -€7,336
- Trade debts -€41,433
down €41,433 (-76.0%), from €54,503 to €13,070
- Other debts -€3,929
down €3,929 (-22.0%), from €17,838 to €13,909
- Profit (loss) carried forward -€1,353
down €1,353 (-5.1%), from €26,531 to €25,178
- Turnover -€25,963
down €25,963 (-41.0%), from €63,371 to €37,407
- Purchases and services -€21,513
down €21,513 (-44.6%), from €48,239 to €26,726
- Depreciation -€3,003
down €3,003 (-20.3%), from €14,768 to €11,765
- Gross operating margin -€2,450
down €2,450 (-16.2%), from €15,132 to €12,682
- Taxes +€1,375
up €1,375 (+11074.2%), from €12 to €1,388
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,163 | €63,177 | -€46,986 | -42.7% |
| Fixed assets | 21/28 | €34,099 | €25,592 | -€8,507 | -24.9% |
| Tangible fixed assets | 22/27 | €34,099 | €25,592 | -€8,507 | -24.9% |
| Plant, machinery and equipment | 23 | €4,272 | €3,102 | -€1,171 | -27.4% |
| Furniture and vehicles | 24 | €29,827 | €22,491 | -€7,336 | -24.6% |
| Current assets | 29/58 | €76,064 | €37,585 | -€38,479 | -50.6% |
| Stocks and contracts in progress | 3 | €492 | €492 | = | 0.0% |
| Stocks | 30/36 | €492 | €492 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,095 | €21,057 | -€25,038 | -54.3% |
| Trade receivables | 40 | €43,470 | €19,336 | -€24,134 | -55.5% |
| Other amounts receivable | 41 | €2,626 | €1,721 | -€904 | -34.4% |
| Cash at bank and in hand | 54/58 | €27,374 | €13,882 | -€13,492 | -49.3% |
| Deferred charges and accrued income | 490/1 | €2,103 | €2,154 | +€51 | +2.4% |
| Total equity and liabilities | 10/49 | €110,163 | €63,177 | -€46,986 | -42.7% |
| Equity | 10/15 | €37,066 | €35,714 | -€1,353 | -3.6% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,531 | €25,178 | -€1,353 | -5.1% |
| Amounts payable | 17/49 | €73,096 | €27,463 | -€45,633 | -62.4% |
| Amounts payable within one year | 42/48 | €73,096 | €27,463 | -€45,633 | -62.4% |
| Trade debts | 44 | €54,503 | €13,070 | -€41,433 | -76.0% |
| Suppliers | 440/4 | €54,503 | €13,070 | -€41,433 | -76.0% |
| Taxes, remuneration and social security | 45 | €755 | €484 | -€271 | -35.9% |
| Taxes | 450/3 | €755 | €484 | -€271 | -35.9% |
| Other amounts payable | 47/48 | €17,838 | €13,909 | -€3,929 | -22.0% |
| Turnover | 70 | €63,371 | €37,407 | -€25,963 | -41.0% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,239 | €26,726 | -€21,513 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,768 | €11,765 | -€3,003 | -20.3% |
| Other operating charges | 640/8 | €570 | €666 | +€95 | +16.7% |
| Non-recurring operating charges | 66A | - | €89 | +€89 | |
| Gross operating margin | 9900 | €15,132 | €12,682 | -€2,450 | -16.2% |
| Operating profit (loss) | 9901 | -€207 | €162 | +€368 | |
| Financial income | 75/76B | €42 | €32 | -€9 | -22.2% |
| Recurring financial income | 75 | €42 | €32 | -€9 | -22.2% |
| Financial charges | 65/66B | €154 | €159 | +€5 | +3.0% |
| Recurring financial charges | 65 | €154 | €159 | +€5 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€319 | €35 | +€354 | |
| Income taxes | 67/77 | €12 | €1,388 | +€1,375 | +11074.2% |
| Profit (loss) for the period | 9904 | -€331 | -€1,353 | -€1,021 | -308.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€331 | -€1,353 | -€1,021 | -308.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.