CBX MANAGEMENT: 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.
CBX MANAGEMENT
Largest movements
- Cash +€20,283
up €20,283 (+182.6%), from €11,105 to €31,388
mainly Net result for the year (+€47,765) and Tax, wage and social debts (+€11,278)
- Tangible fixed assets +€10,784
up €10,784 (+334.3%), from €3,225 to €14,009
- Deferred charges and accrued income -€3,076
down €3,076 (-84.8%), from €3,626 to €550
- Profit (loss) carried forward +€47,765
up €47,765 (+9.1%), from -€522,639 to -€474,874
- Other debts -€35,453
down €35,453 (-6.3%), from €559,024 to €523,571
- Tax, wage and social debts +€11,278
up €11,278 (+1355.6%), from €832 to €12,110
- Trade debts +€3,648
up €3,648 (+1331.6%), from €274 to €3,921
- Gross operating margin +€46,280
up €46,280 (+239.2%), from €19,349 to €65,629
- Taxes +€11,492
up €11,492 (+1861.3%), from €617 to €12,110
- Depreciation +€1,601
up €1,601 (+84.6%), from €1,892 to €3,493
- Financial charges -€1,464
down €1,464 (-63.1%), from €2,320 to €856
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,491 | €71,414 | +€27,923 | +64.2% |
| Fixed assets | 21/28 | €3,225 | €14,009 | +€10,784 | +334.3% |
| Tangible fixed assets | 22/27 | €3,225 | €14,009 | +€10,784 | +334.3% |
| Furniture and vehicles | 24 | €3,225 | €14,009 | +€10,784 | +334.3% |
| Current assets | 29/58 | €40,265 | €57,405 | +€17,139 | +42.6% |
| Amounts receivable within one year | 40/41 | €25,534 | €25,466 | -€68 | -0.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €25,534 | €25,466 | -€68 | -0.3% |
| Cash at bank and in hand | 54/58 | €11,105 | €31,388 | +€20,283 | +182.6% |
| Deferred charges and accrued income | 490/1 | €3,626 | €550 | -€3,076 | -84.8% |
| Total equity and liabilities | 10/49 | €43,491 | €71,414 | +€27,923 | +64.2% |
| Equity | 10/15 | -€516,639 | -€468,874 | +€47,765 | +9.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€522,639 | -€474,874 | +€47,765 | +9.1% |
| Amounts payable | 17/49 | €560,130 | €540,288 | -€19,842 | -3.5% |
| Amounts payable within one year | 42/48 | €560,130 | €539,602 | -€20,528 | -3.7% |
| Trade debts | 44 | €274 | €3,921 | +€3,648 | +1331.6% |
| Suppliers | 440/4 | €274 | €3,921 | +€3,648 | +1331.6% |
| Taxes, remuneration and social security | 45 | €832 | €12,110 | +€11,278 | +1355.6% |
| Taxes | 450/3 | €832 | €12,110 | +€11,278 | +1355.6% |
| Other amounts payable | 47/48 | €559,024 | €523,571 | -€35,453 | -6.3% |
| Accrued charges and deferred income | 492/3 | - | €685 | +€685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,892 | €3,493 | +€1,601 | +84.6% |
| Other operating charges | 640/8 | €1,318 | €1,405 | +€87 | +6.6% |
| Gross operating margin | 9900 | €19,349 | €65,629 | +€46,280 | +239.2% |
| Operating profit (loss) | 9901 | €16,139 | €60,731 | +€44,592 | +276.3% |
| Financial charges | 65/66B | €2,320 | €856 | -€1,464 | -63.1% |
| Recurring financial charges | 65 | €2,320 | €856 | -€1,464 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €13,818 | €59,875 | +€46,056 | +333.3% |
| Income taxes | 67/77 | €617 | €12,110 | +€11,492 | +1861.3% |
| Profit (loss) for the period | 9904 | €13,201 | €47,765 | +€34,564 | +261.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,201 | €47,765 | +€34,564 | +261.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.