CBT 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.
CBT Services
Largest movements
- Financial fixed assets +€96,328
up €96,328 (+9632.8%), from €1,000 to €97,328
- Cash +€28,505
up €28,505 (+59.9%), from €47,601 to €76,106
mainly Net result for the year (+€60,451) and Debts after one year (+€50,000)
- Stocks and contracts -€27,636
down €27,636 (-100.0%), from €27,636 to €0
- Receivables within one year +€6,863
up €6,863 (+24.6%), from €27,928 to €34,791
of which Trade receivables: +€6,863
- Tangible fixed assets +€5,496
up €5,496 (+17.2%), from €31,976 to €37,472
of which Plant, machinery and equipment: +€4,151
- Profit (loss) carried forward +€60,451
up €60,451 (+58.4%), from €103,440 to €163,891
- Debts after one year +€50,000
new in 2025: €50,000
- Other debts -€3,017
down €3,017 (-37.0%), from €8,155 to €5,138
- Gross operating margin +€17,288
up €17,288 (+24.4%), from €70,781 to €88,069
- Depreciation +€2,862
up €2,862 (+30.2%), from €9,463 to €12,325
- Taxes +€2,689
up €2,689 (+21.8%), from €12,352 to €15,040
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 | €138,410 | €247,775 | +€109,365 | +79.0% |
| Formation expenses | 20 | €581 | €364 | -€218 | -37.5% |
| Fixed assets | 21/28 | €32,976 | €134,800 | +€101,824 | +308.8% |
| Tangible fixed assets | 22/27 | €31,976 | €37,472 | +€5,496 | +17.2% |
| Plant, machinery and equipment | 23 | €13,369 | €17,520 | +€4,151 | +31.0% |
| Furniture and vehicles | 24 | €18,607 | €19,952 | +€1,345 | +7.2% |
| Financial fixed assets | 28 | €1,000 | €97,328 | +€96,328 | +9632.8% |
| Current assets | 29/58 | €104,853 | €112,612 | +€7,759 | +7.4% |
| Stocks and contracts in progress | 3 | €27,636 | €0 | -€27,636 | -100.0% |
| Contracts in progress | 37 | €27,636 | €0 | -€27,636 | -100.0% |
| Amounts receivable within one year | 40/41 | €27,928 | €34,791 | +€6,863 | +24.6% |
| Trade receivables | 40 | €27,928 | €34,791 | +€6,863 | +24.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,601 | €76,106 | +€28,505 | +59.9% |
| Deferred charges and accrued income | 490/1 | €1,688 | €1,715 | +€27 | +1.6% |
| Total equity and liabilities | 10/49 | €138,410 | €247,775 | +€109,365 | +79.0% |
| Equity | 10/15 | €111,440 | €171,891 | +€60,451 | +54.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,440 | €163,891 | +€60,451 | +58.4% |
| Amounts payable | 17/49 | €26,970 | €75,884 | +€48,914 | +181.4% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €26,970 | €25,884 | -€1,086 | -4.0% |
| Trade debts | 44 | €244 | €1,953 | +€1,709 | +699.5% |
| Suppliers | 440/4 | €244 | €1,953 | +€1,709 | +699.5% |
| Taxes, remuneration and social security | 45 | €18,570 | €18,793 | +€222 | +1.2% |
| Taxes | 450/3 | €18,570 | €18,793 | +€222 | +1.2% |
| Other amounts payable | 47/48 | €8,155 | €5,138 | -€3,017 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,463 | €12,325 | +€2,862 | +30.2% |
| Other operating charges | 640/8 | €128 | €206 | +€78 | +61.2% |
| Gross operating margin | 9900 | €70,781 | €88,069 | +€17,288 | +24.4% |
| Operating profit (loss) | 9901 | €61,191 | €75,539 | +€14,348 | +23.4% |
| Financial income | 75/76B | €23 | €59 | +€36 | +160.4% |
| Recurring financial income | 75 | €23 | €59 | +€36 | +160.4% |
| Financial charges | 65/66B | €55 | €106 | +€50 | +91.0% |
| Recurring financial charges | 65 | €55 | €106 | +€50 | +91.0% |
| Profit (loss) for the period before taxes | 9903 | €61,158 | €75,492 | +€14,334 | +23.4% |
| Income taxes | 67/77 | €12,352 | €15,040 | +€2,689 | +21.8% |
| Profit (loss) for the period | 9904 | €48,806 | €60,451 | +€11,645 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,806 | €60,451 | +€11,645 | +23.9% |
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 6 October 2026 via checked.be.