CC-LEX: 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.
CC-LEX
Largest movements
- Cash -€90,689
down €90,689 (-27.3%), from €332,101 to €241,412
mainly Other debts (-€79,494) and Contributions, distributions and other (-€73,000)
- Tangible fixed assets -€37,858
down €37,858 (-19.8%), from €191,163 to €153,305
of which Land and buildings: -€26,560
- Receivables within one year -€14,442
down €14,442 (-6.7%), from €216,998 to €202,556
- Other debts -€79,494
down €79,494 (-30.3%), from €262,189 to €182,695
- Tax, wage and social debts -€32,973
down €32,973 (-28.8%), from €114,388 to €81,415
of which Taxes: -€17,547
- Debts after one year -€26,885
down €26,885 (-27.2%), from €98,957 to €72,072
- Gross operating margin -€43,108
down €43,108 (-19.7%), from €219,341 to €176,233
- Depreciation +€14,251
up €14,251 (+58.5%), from €24,374 to €38,625
- Purchases and services +€3,986
up €3,986 (+0.4%), from €1.0m to €1.0m
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 | €751,925 | €611,738 | -€140,187 | -18.6% |
| Fixed assets | 21/28 | €194,013 | €156,155 | -€37,858 | -19.5% |
| Tangible fixed assets | 22/27 | €191,163 | €153,305 | -€37,858 | -19.8% |
| Land and buildings | 22 | €157,261 | €130,701 | -€26,560 | -16.9% |
| Plant, machinery and equipment | 23 | €13,303 | €10,271 | -€3,032 | -22.8% |
| Furniture and vehicles | 24 | €20,599 | €12,333 | -€8,266 | -40.1% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €557,912 | €455,583 | -€102,329 | -18.3% |
| Amounts receivable within one year | 40/41 | €216,998 | €202,556 | -€14,442 | -6.7% |
| Trade receivables | 40 | €216,998 | €202,556 | -€14,442 | -6.7% |
| Cash at bank and in hand | 54/58 | €332,101 | €241,412 | -€90,689 | -27.3% |
| Deferred charges and accrued income | 490/1 | €8,813 | €11,615 | +€2,802 | +31.8% |
| Total equity and liabilities | 10/49 | €751,925 | €611,738 | -€140,187 | -18.6% |
| Equity | 10/15 | €116,748 | €118,418 | +€1,670 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,110 | €58,110 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,038 | €41,708 | +€1,670 | +4.2% |
| Amounts payable | 17/49 | €635,177 | €493,320 | -€141,857 | -22.3% |
| Amounts payable after more than one year | 17 | €98,957 | €72,072 | -€26,885 | -27.2% |
| Financial debts | 170/4 | €98,957 | €72,072 | -€26,885 | -27.2% |
| Amounts payable within one year | 42/48 | €536,220 | €421,248 | -€114,972 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €31,389 | €26,885 | -€4,504 | -14.3% |
| Trade debts | 44 | €128,254 | €130,253 | +€1,999 | +1.6% |
| Suppliers | 440/4 | €128,254 | €130,253 | +€1,999 | +1.6% |
| Taxes, remuneration and social security | 45 | €114,388 | €81,415 | -€32,973 | -28.8% |
| Taxes | 450/3 | €52,228 | €34,681 | -€17,547 | -33.6% |
| Remuneration and social security | 454/9 | €62,160 | €46,734 | -€15,426 | -24.8% |
| Other amounts payable | 47/48 | €262,189 | €182,695 | -€79,494 | -30.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,010,597 | €1,014,583 | +€3,986 | +0.4% |
| Remuneration, social security and pensions | 62 | €52,939 | €51,672 | -€1,267 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,374 | €38,625 | +€14,251 | +58.5% |
| Other operating charges | 640/8 | €3,750 | €4,934 | +€1,184 | +31.6% |
| Gross operating margin | 9900 | €219,341 | €176,233 | -€43,108 | -19.7% |
| Operating profit (loss) | 9901 | €138,278 | €81,002 | -€57,276 | -41.4% |
| Financial income | 75/76B | €116 | €377 | +€261 | +225.0% |
| Recurring financial income | 75 | €116 | €377 | +€261 | +225.0% |
| Financial charges | 65/66B | €3,997 | €3,207 | -€790 | -19.8% |
| Recurring financial charges | 65 | €3,997 | €3,207 | -€790 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €134,397 | €78,172 | -€56,225 | -41.8% |
| Income taxes | 67/77 | €5,023 | €3,502 | -€1,521 | -30.3% |
| Profit (loss) for the period | 9904 | €129,374 | €74,670 | -€54,704 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €129,374 | €74,670 | -€54,704 | -42.3% |
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 2 October 2026 via checked.be.