CBRV: 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.
CBRV
Largest movements
- Current investments +€15,000
up €15,000 (+50.0%), from €30,000 to €45,000
- Tangible fixed assets -€10,739
down €10,739 (-31.7%), from €33,877 to €23,138
- Receivables within one year +€2,110
up €2,110 (+12.5%), from €16,912 to €19,022
of which Trade receivables: +€2,110
- Other debts +€19,604
up €19,604 (+102.9%), from €19,056 to €38,660
- Reserves -€10,002
down €10,002 (-18.3%), from €54,637 to €44,636
- Tax, wage and social debts -€7,378
down €7,378 (-43.5%), from €16,970 to €9,592
of which Remuneration and social security: -€4,285
- Trade debts +€2,572
up €2,572 (+104.4%), from €2,464 to €5,036
- Gross operating margin +€13,759
up €13,759 (+18.0%), from €76,495 to €90,254
- Taxes +€4,302
up €4,302 (+125.8%), from €3,419 to €7,721
- Staff costs +€2,462
up €2,462 (+4.8%), from €51,231 to €53,693
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 | €146,782 | €153,546 | +€6,764 | +4.6% |
| Fixed assets | 21/28 | €50,299 | €38,900 | -€11,399 | -22.7% |
| Intangible fixed assets | 21 | €16,422 | €15,762 | -€660 | -4.0% |
| Tangible fixed assets | 22/27 | €33,877 | €23,138 | -€10,739 | -31.7% |
| Furniture and vehicles | 24 | €33,877 | €23,138 | -€10,739 | -31.7% |
| Current assets | 29/58 | €96,483 | €114,646 | +€18,163 | +18.8% |
| Amounts receivable within one year | 40/41 | €16,912 | €19,022 | +€2,110 | +12.5% |
| Trade receivables | 40 | €10,331 | €12,441 | +€2,110 | +20.4% |
| Other amounts receivable | 41 | €6,581 | €6,581 | = | 0.0% |
| Current investments | 50/53 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €48,554 | €49,442 | +€888 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,017 | €1,182 | +€165 | +16.2% |
| Total equity and liabilities | 10/49 | €146,782 | €153,546 | +€6,764 | +4.6% |
| Equity | 10/15 | €91,215 | €82,229 | -€8,987 | -9.9% |
| Contributions | 10/11 | €28,845 | €28,845 | = | 0.0% |
| Reserves | 13 | €54,637 | €44,636 | -€10,002 | -18.3% |
| Distributable reserves | 133 | €54,637 | €44,636 | -€10,002 | -18.3% |
| Profit (loss) carried forward | 14 | €7,733 | €8,748 | +€1,015 | +13.1% |
| Amounts payable | 17/49 | €55,566 | €71,317 | +€15,751 | +28.3% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,490 | €53,289 | +€14,798 | +38.4% |
| Trade debts | 44 | €2,464 | €5,036 | +€2,572 | +104.4% |
| Suppliers | 440/4 | €2,464 | €5,036 | +€2,572 | +104.4% |
| Taxes, remuneration and social security | 45 | €16,970 | €9,592 | -€7,378 | -43.5% |
| Taxes | 450/3 | €6,189 | €3,096 | -€3,093 | -50.0% |
| Remuneration and social security | 454/9 | €10,781 | €6,496 | -€4,285 | -39.7% |
| Other amounts payable | 47/48 | €19,056 | €38,660 | +€19,604 | +102.9% |
| Accrued charges and deferred income | 492/3 | €2,076 | €3,028 | +€952 | +45.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €51,231 | €53,693 | +€2,462 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,852 | €11,399 | -€452 | -3.8% |
| Other operating charges | 640/8 | €881 | €942 | +€60 | +6.8% |
| Gross operating margin | 9900 | €76,495 | €90,254 | +€13,759 | +18.0% |
| Operating profit (loss) | 9901 | €12,531 | €24,221 | +€11,689 | +93.3% |
| Financial income | 75/76B | €683 | €378 | -€305 | -44.7% |
| Recurring financial income | 75 | €683 | €378 | -€305 | -44.7% |
| Financial charges | 65/66B | €2,099 | €2,363 | +€264 | +12.6% |
| Recurring financial charges | 65 | €2,099 | €2,363 | +€264 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €11,115 | €22,236 | +€11,121 | +100.0% |
| Income taxes | 67/77 | €3,419 | €7,721 | +€4,302 | +125.8% |
| Profit (loss) for the period | 9904 | €7,696 | €14,515 | +€6,819 | +88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,696 | €14,515 | +€6,819 | +88.6% |
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.