CBS TRADING: 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.
CBS TRADING
Largest movements
- Stocks and contracts +€108,433
up €108,433 (+185%), from €58,741 to €167,173
- Cash -€45,117
down €45,117 (-71.6%), from €63,009 to €17,893
mainly Stocks and contracts (-€108,433) and Net result for the year (-€8,811)
- Receivables within one year -€17,251
down €17,251 (-22.2%), from €77,864 to €60,613
of which Other amounts receivable: -€53,337
- Trade debts +€52,334
up €52,334 (+461%), from €11,357 to €63,691
- Profit (loss) carried forward -€8,811
down €8,811 (-32.6%), from €27,028 to €18,217
- Gross operating margin +€52,187
up €52,187 (+88.9%), from -€58,695 to -€6,508
- Financial charges +€1,086
up €1,086 (+129%), from €840 to €1,926
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.
Derived cash bridge
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 | €200,585 | €245,679 | +€45,094 | +22.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €200,585 | €245,679 | +€45,094 | +22.5% |
| Stocks and contracts in progress | 3 | €58,741 | €167,173 | +€108,433 | +185% |
| Stocks | 30/36 | €58,741 | €167,173 | +€108,433 | +185% |
| Amounts receivable within one year | 40/41 | €77,864 | €60,613 | -€17,251 | -22.2% |
| Trade receivables | 40 | €23,880 | €59,966 | +€36,086 | +151% |
| Other amounts receivable | 41 | €53,984 | €648 | -€53,337 | -98.8% |
| Cash at bank and in hand | 54/58 | €63,009 | €17,893 | -€45,117 | -71.6% |
| Deferred charges and accrued income | 490/1 | €971 | - | -€971 | |
| Total equity and liabilities | 10/49 | €200,585 | €245,679 | +€45,094 | +22.5% |
| Equity | 10/15 | €39,228 | €30,417 | -€8,811 | -22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,028 | €18,217 | -€8,811 | -32.6% |
| Amounts payable | 17/49 | €161,357 | €215,262 | +€53,905 | +33.4% |
| Amounts payable within one year | 42/48 | €161,357 | €213,762 | +€52,405 | +32.5% |
| Trade debts | 44 | €11,357 | €63,691 | +€52,334 | +461% |
| Suppliers | 440/4 | €11,357 | €63,691 | +€52,334 | +461% |
| Other amounts payable | 47/48 | €150,000 | €150,071 | +€71 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Other operating charges | 640/8 | €203 | €376 | +€173 | +85.2% |
| Gross operating margin | 9900 | -€58,695 | -€6,508 | +€52,187 | +88.9% |
| Operating profit (loss) | 9901 | -€58,899 | -€6,885 | +€52,014 | +88.3% |
| Financial charges | 65/66B | €840 | €1,926 | +€1,086 | +129% |
| Recurring financial charges | 65 | €840 | €1,926 | +€1,086 | +129% |
| Profit (loss) for the period before taxes | 9903 | -€59,738 | -€8,811 | +€50,928 | +85.3% |
| Profit (loss) for the period | 9904 | -€59,738 | -€8,811 | +€50,928 | +85.3% |
| Transfer from tax-exempt reserves | 789 | €108,500 | - | -€108,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,762 | -€8,811 | -€57,572 |
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 20 October 2026 via checked.be.