CC: 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.
CC
Largest movements
- Receivables within one year +€44,490
up €44,490 (+159%), from €27,954 to €72,444
of which Other amounts receivable: +€43,863
- Cash +€35,194
up €35,194 (+156%), from €22,594 to €57,788
mainly Trade debts (+€63,148) and Net result for the year (+€47,675)
- Stocks and contracts +€16,629
up €16,629 (+109%), from €15,298 to €31,927
- Tangible fixed assets -€6,741
down €6,741 (-26.0%), from €25,911 to €19,170
of which Plant, machinery and equipment: -€4,895
- Deferred charges and accrued income +€5,846
new in 2025: €5,846
- Trade debts +€63,148
up €63,148 (+452%), from €13,982 to €77,131
- Other debts -€62,955
no longer reported in 2025 (was €62,955)
- Reserves +€47,675
up €47,675 (+533%), from €8,942 to €56,616
- Tax, wage and social debts +€44,974
up €44,974 (+202%), from €22,301 to €67,275
of which Remuneration and social security: +€23,051
- Gross operating margin +€141,439
up €141,439 (+50.0%), from €283,160 to €424,598
- Staff costs +€115,735
up €115,735 (+50.9%), from €227,433 to €343,168
- Taxes +€18,724
new in 2025: €18,724
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 | €109,180 | €202,022 | +€92,842 | +85.0% |
| Fixed assets | 21/28 | €43,334 | €34,017 | -€9,317 | -21.5% |
| Intangible fixed assets | 21 | €17,423 | €14,847 | -€2,576 | -14.8% |
| Tangible fixed assets | 22/27 | €25,911 | €19,170 | -€6,741 | -26.0% |
| Plant, machinery and equipment | 23 | €24,064 | €19,170 | -€4,895 | -20.3% |
| Leasing and similar rights | 25 | €1,847 | - | -€1,847 | |
| Current assets | 29/58 | €65,846 | €168,006 | +€102,159 | +155% |
| Stocks and contracts in progress | 3 | €15,298 | €31,927 | +€16,629 | +109% |
| Stocks | 30/36 | €15,298 | €31,927 | +€16,629 | +109% |
| Amounts receivable within one year | 40/41 | €27,954 | €72,444 | +€44,490 | +159% |
| Trade receivables | 40 | €731 | €1,358 | +€627 | +85.8% |
| Other amounts receivable | 41 | €27,223 | €71,086 | +€43,863 | +161% |
| Cash at bank and in hand | 54/58 | €22,594 | €57,788 | +€35,194 | +156% |
| Deferred charges and accrued income | 490/1 | - | €5,846 | +€5,846 | |
| Total equity and liabilities | 10/49 | €109,180 | €202,022 | +€92,842 | +85.0% |
| Equity | 10/15 | €9,942 | €57,616 | +€47,675 | +480% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,942 | €56,616 | +€47,675 | +533% |
| Distributable reserves | 133 | €8,942 | €56,616 | +€47,675 | +533% |
| Amounts payable | 17/49 | €99,238 | €144,406 | +€45,168 | +45.5% |
| Amounts payable within one year | 42/48 | €99,238 | €144,406 | +€45,168 | +45.5% |
| Trade debts | 44 | €13,982 | €77,131 | +€63,148 | +452% |
| Suppliers | 440/4 | €13,982 | €77,131 | +€63,148 | +452% |
| Taxes, remuneration and social security | 45 | €22,301 | €67,275 | +€44,974 | +202% |
| Taxes | 450/3 | - | €21,923 | +€21,923 | |
| Remuneration and social security | 454/9 | €22,301 | €45,352 | +€23,051 | +103% |
| Other amounts payable | 47/48 | €62,955 | - | -€62,955 | |
| Remuneration, social security and pensions | 62 | €227,433 | €343,168 | +€115,735 | +50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,034 | €9,317 | +€1,283 | +16.0% |
| Other operating charges | 640/8 | €1,239 | €1,906 | +€667 | +53.8% |
| Gross operating margin | 9900 | €283,160 | €424,598 | +€141,439 | +50.0% |
| Operating profit (loss) | 9901 | €46,454 | €70,208 | +€23,754 | +51.1% |
| Financial income | 75/76B | €560 | €2,998 | +€2,438 | +436% |
| Recurring financial income | 75 | €560 | €2,998 | +€2,438 | +436% |
| Financial charges | 65/66B | €3,757 | €6,807 | +€3,050 | +81.2% |
| Recurring financial charges | 65 | €3,757 | €6,807 | +€3,050 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €43,257 | €66,399 | +€23,142 | +53.5% |
| Income taxes | 67/77 | - | €18,724 | +€18,724 | |
| Profit (loss) for the period | 9904 | €43,257 | €47,675 | +€4,418 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,257 | €47,675 | +€4,418 | +10.2% |
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 18 October 2026 via checked.be.