CC Projects: 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 Projects
Largest movements
- Cash +€274,732
up €274,732 (+254%), from €108,317 to €383,049
mainly Net result for the year (+€256,632) and Depreciation (+€154,678)
- Tangible fixed assets -€70,047
down €70,047 (-4.6%), from €1.5m to €1.5m
of which Land and buildings: -€105,045
- Receivables within one year -€33,956
down €33,956 (-26.7%), from €127,051 to €93,095
of which Other amounts receivable: -€44,756
- Reserves +€213,841
up €213,841 (+39.4%), from €542,890 to €756,731
of which Distributable reserves: +€132,091
- Debts after one year -€154,394
down €154,394 (-22.1%), from €698,336 to €543,942
- Tax, wage and social debts +€45,008
up €45,008 (+372%), from €12,103 to €57,111
- Trade debts +€44,847
up €44,847 (+111%), from €40,501 to €85,348
- Provisions +€27,250
new in 2025: €27,250
- Gross operating margin +€254,537
up €254,537 (+75.3%), from €337,944 to €592,481
- Taxes +€47,837
up €47,837 (+128%), from €37,234 to €85,070
- Depreciation +€7,678
up €7,678 (+5.2%), from €147,000 to €154,678
- Financial charges -€6,156
down €6,156 (-15.2%), from €40,477 to €34,322
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 | €1,769,909 | €1,952,890 | +€182,981 | +10.3% |
| Fixed assets | 21/28 | €1,528,583 | €1,458,536 | -€70,047 | -4.6% |
| Tangible fixed assets | 22/27 | €1,528,487 | €1,458,440 | -€70,047 | -4.6% |
| Land and buildings | 22 | €1,526,389 | €1,421,344 | -€105,045 | -6.9% |
| Plant, machinery and equipment | 23 | - | €24,671 | +€24,671 | |
| Furniture and vehicles | 24 | €2,098 | €12,425 | +€10,327 | +492% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €241,326 | €494,354 | +€253,028 | +105% |
| Stocks and contracts in progress | 3 | €1,049 | €1,049 | = | 0.0% |
| Stocks | 30/36 | €1,049 | €1,049 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €127,051 | €93,095 | -€33,956 | -26.7% |
| Trade receivables | 40 | €14,549 | €25,349 | +€10,801 | +74.2% |
| Other amounts receivable | 41 | €112,502 | €67,746 | -€44,756 | -39.8% |
| Cash at bank and in hand | 54/58 | €108,317 | €383,049 | +€274,732 | +254% |
| Deferred charges and accrued income | 490/1 | €4,909 | €17,162 | +€12,253 | +250% |
| Total equity and liabilities | 10/49 | €1,769,909 | €1,952,890 | +€182,981 | +10.3% |
| Equity | 10/15 | €842,890 | €1,056,731 | +€213,841 | +25.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €542,890 | €756,731 | +€213,841 | +39.4% |
| Tax-exempt reserves | 132 | - | €81,750 | +€81,750 | |
| Distributable reserves | 133 | €542,890 | €674,981 | +€132,091 | +24.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €27,250 | +€27,250 | |
| Deferred taxes | 168 | - | €27,250 | +€27,250 | |
| Amounts payable | 17/49 | €927,018 | €868,909 | -€58,110 | -6.3% |
| Amounts payable after more than one year | 17 | €698,336 | €543,942 | -€154,394 | -22.1% |
| Financial debts | 170/4 | €698,336 | €543,942 | -€154,394 | -22.1% |
| Amounts payable within one year | 42/48 | €200,569 | €296,853 | +€96,284 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €147,965 | €154,394 | +€6,429 | +4.3% |
| Trade debts | 44 | €40,501 | €85,348 | +€44,847 | +111% |
| Suppliers | 440/4 | €40,501 | €85,348 | +€44,847 | +111% |
| Taxes, remuneration and social security | 45 | €12,103 | €57,111 | +€45,008 | +372% |
| Taxes | 450/3 | €12,103 | €57,111 | +€45,008 | +372% |
| Accrued charges and deferred income | 492/3 | €28,113 | €28,113 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,000 | €154,678 | +€7,678 | +5.2% |
| Other operating charges | 640/8 | €37,276 | €38,943 | +€1,667 | +4.5% |
| Gross operating margin | 9900 | €337,944 | €592,481 | +€254,537 | +75.3% |
| Operating profit (loss) | 9901 | €153,668 | €398,861 | +€245,193 | +160% |
| Financial income | 75/76B | €4,708 | €4,413 | -€294 | -6.3% |
| Recurring financial income | 75 | €4,708 | €4,413 | -€294 | -6.3% |
| Financial charges | 65/66B | €40,477 | €34,322 | -€6,156 | -15.2% |
| Recurring financial charges | 65 | €40,477 | €34,322 | -€6,156 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €117,898 | €368,952 | +€251,054 | +213% |
| Transfer to deferred taxes | 680 | - | €27,250 | +€27,250 | |
| Income taxes | 67/77 | €37,234 | €85,070 | +€47,837 | +128% |
| Profit (loss) for the period | 9904 | €80,665 | €256,632 | +€175,967 | +218% |
| Transfer to tax-exempt reserves | 689 | - | €81,750 | +€81,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,665 | €174,882 | +€94,217 | +117% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.