CBY: 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.
CBY
Largest movements
- Cash +€35,906
up €35,906 (+61.8%), from €58,136 to €94,041
mainly Debts after one year (+€394,437) and Other debts (+€224,260)
- Tangible fixed assets -€30,630
down €30,630 (-4.4%), from €693,362 to €662,732
of which Land and buildings: -€23,361
- Receivables within one year -€13,439
down €13,439 (-35.6%), from €37,774 to €24,335
of which Trade receivables: -€13,073
- Profit (loss) carried forward -€482,772
down €482,772 (-100.0%), from €482,773 to €1
- Debts after one year +€394,437
up €394,437 (+367%), from €107,403 to €501,840
of which Other amounts payable: +€410,000
- Other debts +€224,260
up €224,260 (+1,154%), from €19,440 to €243,700
- Reserves -€126,030
no longer reported in 2025 (was €126,030)
- Accrued charges and deferred income -€9,661
down €9,661 (-94.2%), from €10,261 to €600
- Gross operating margin -€53,993
down €53,993 (-22.4%), from €241,257 to €187,264
- Taxes -€13,634
down €13,634 (-30.6%), from €44,499 to €30,865
- Financial charges -€9,399
down €9,399 (-89.6%), from €10,491 to €1,092
- Depreciation +€2,908
up €2,908 (+7.2%), from €40,291 to €43,199
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 | €792,004 | €782,522 | -€9,483 | -1.2% |
| Fixed assets | 21/28 | €693,845 | €663,215 | -€30,630 | -4.4% |
| Tangible fixed assets | 22/27 | €693,362 | €662,732 | -€30,630 | -4.4% |
| Land and buildings | 22 | €586,158 | €562,797 | -€23,361 | -4.0% |
| Furniture and vehicles | 24 | €12,688 | €15,390 | +€2,703 | +21.3% |
| Other tangible fixed assets | 26 | €94,517 | €84,545 | -€9,971 | -10.5% |
| Financial fixed assets | 28 | €483 | €483 | = | 0.0% |
| Current assets | 29/58 | €98,160 | €119,307 | +€21,147 | +21.5% |
| Amounts receivable within one year | 40/41 | €37,774 | €24,335 | -€13,439 | -35.6% |
| Trade receivables | 40 | €35,273 | €22,199 | -€13,073 | -37.1% |
| Other amounts receivable | 41 | €2,501 | €2,135 | -€366 | -14.6% |
| Cash at bank and in hand | 54/58 | €58,136 | €94,041 | +€35,906 | +61.8% |
| Deferred charges and accrued income | 490/1 | €2,250 | €931 | -€1,319 | -58.6% |
| Total equity and liabilities | 10/49 | €792,004 | €782,522 | -€9,483 | -1.2% |
| Equity | 10/15 | €627,353 | €18,551 | -€608,802 | -97.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €126,030 | - | -€126,030 | |
| Distributable reserves | 133 | €126,030 | - | -€126,030 | |
| Profit (loss) carried forward | 14 | €482,773 | €1 | -€482,772 | -100.0% |
| Amounts payable | 17/49 | €164,652 | €763,971 | +€599,319 | +364% |
| Amounts payable after more than one year | 17 | €107,403 | €501,840 | +€394,437 | +367% |
| Financial debts | 170/4 | €47,403 | €31,840 | -€15,563 | -32.8% |
| Other amounts payable | 178/9 | €60,000 | €470,000 | +€410,000 | +683% |
| Amounts payable within one year | 42/48 | €46,988 | €261,531 | +€214,543 | +457% |
| Current portion of amounts payable after more than one year | 42 | €15,330 | €15,563 | +€233 | +1.5% |
| Trade debts | 44 | €4,062 | €132 | -€3,930 | -96.8% |
| Suppliers | 440/4 | €4,062 | €132 | -€3,930 | -96.8% |
| Taxes, remuneration and social security | 45 | €8,155 | €2,136 | -€6,019 | -73.8% |
| Taxes | 450/3 | €8,155 | €2,136 | -€6,019 | -73.8% |
| Other amounts payable | 47/48 | €19,440 | €243,700 | +€224,260 | +1,154% |
| Accrued charges and deferred income | 492/3 | €10,261 | €600 | -€9,661 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,291 | €43,199 | +€2,908 | +7.2% |
| Other operating charges | 640/8 | €3,436 | €3,263 | -€173 | -5.0% |
| Gross operating margin | 9900 | €241,257 | €187,264 | -€53,993 | -22.4% |
| Operating profit (loss) | 9901 | €197,530 | €140,802 | -€56,728 | -28.7% |
| Financial income | 75/76B | €63 | €1 | -€62 | -98.7% |
| Recurring financial income | 75 | €63 | €1 | -€62 | -98.7% |
| Financial charges | 65/66B | €10,491 | €1,092 | -€9,399 | -89.6% |
| Recurring financial charges | 65 | €10,491 | €1,092 | -€9,399 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €187,101 | €139,710 | -€47,391 | -25.3% |
| Income taxes | 67/77 | €44,499 | €30,865 | -€13,634 | -30.6% |
| Profit (loss) for the period | 9904 | €142,602 | €108,845 | -€33,757 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €142,602 | €108,845 | -€33,757 | -23.7% |
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 21 October 2026 via checked.be.