CCE2: 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.
CCE2
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€67,093
down €67,093 (-47.7%), from €140,799 to €73,706
mainly Current investments (-€150,000) and Investment in fixed assets (net) (-€28,160)
- Receivables within one year -€24,618
down €24,618 (-72.5%), from €33,938 to €9,320
of which Other amounts receivable: -€23,638
- Tangible fixed assets +€15,376
up €15,376 (+45.1%), from €34,075 to €49,451
of which Furniture and vehicles: +€16,298
- Profit (loss) carried forward +€60,938
up €60,938 (+57.3%), from €106,270 to €167,209
- Tax, wage and social debts +€18,925
up €18,925 (+53.7%), from €35,251 to €54,175
of which Taxes: +€16,501
- Trade debts -€5,046
down €5,046 (-56.5%), from €8,926 to €3,880
- Gross operating margin -€27,254
down €27,254 (-22.5%), from €121,279 to €94,025
- Taxes -€6,819
down €6,819 (-29.7%), from €22,993 to €16,174
- Depreciation +€3,797
up €3,797 (+42.2%), from €8,987 to €12,784
- Other operating charges +€1,644
up €1,644 (+321.5%), from €511 to €2,155
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 | €208,812 | €283,852 | +€75,040 | +35.9% |
| Fixed assets | 21/28 | €34,075 | €49,451 | +€15,376 | +45.1% |
| Tangible fixed assets | 22/27 | €34,075 | €49,451 | +€15,376 | +45.1% |
| Plant, machinery and equipment | 23 | €6,802 | €5,880 | -€922 | -13.6% |
| Furniture and vehicles | 24 | €27,273 | €43,571 | +€16,298 | +59.8% |
| Current assets | 29/58 | €174,737 | €234,401 | +€59,664 | +34.1% |
| Amounts receivable within one year | 40/41 | €33,938 | €9,320 | -€24,618 | -72.5% |
| Trade receivables | 40 | €10,299 | €9,320 | -€980 | -9.5% |
| Other amounts receivable | 41 | €23,638 | - | -€23,638 | |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €140,799 | €73,706 | -€67,093 | -47.7% |
| Deferred charges and accrued income | 490/1 | - | €1,375 | +€1,375 | |
| Total equity and liabilities | 10/49 | €208,812 | €283,852 | +€75,040 | +35.9% |
| Equity | 10/15 | €136,270 | €197,209 | +€60,938 | +44.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,270 | €167,209 | +€60,938 | +57.3% |
| Amounts payable | 17/49 | €72,541 | €86,643 | +€14,102 | +19.4% |
| Amounts payable within one year | 42/48 | €45,343 | €59,883 | +€14,540 | +32.1% |
| Trade debts | 44 | €8,926 | €3,880 | -€5,046 | -56.5% |
| Suppliers | 440/4 | €8,926 | €3,880 | -€5,046 | -56.5% |
| Taxes, remuneration and social security | 45 | €35,251 | €54,175 | +€18,925 | +53.7% |
| Taxes | 450/3 | €35,251 | €51,751 | +€16,501 | +46.8% |
| Remuneration and social security | 454/9 | - | €2,424 | +€2,424 | |
| Other amounts payable | 47/48 | €1,166 | €1,828 | +€662 | +56.7% |
| Accrued charges and deferred income | 492/3 | €27,198 | €26,760 | -€438 | -1.6% |
| Remuneration, social security and pensions | 62 | €183 | €80 | -€103 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,987 | €12,784 | +€3,797 | +42.2% |
| Other operating charges | 640/8 | €511 | €2,155 | +€1,644 | +321.5% |
| Gross operating margin | 9900 | €121,279 | €94,025 | -€27,254 | -22.5% |
| Operating profit (loss) | 9901 | €111,598 | €79,006 | -€32,592 | -29.2% |
| Financial income | 75/76B | €716 | €5 | -€711 | -99.3% |
| Recurring financial income | 75 | €716 | €5 | -€711 | -99.3% |
| Financial charges | 65/66B | €211 | €232 | +€21 | +10.2% |
| Recurring financial charges | 65 | €211 | €232 | +€21 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €112,103 | €78,778 | -€33,324 | -29.7% |
| Income taxes | 67/77 | €22,993 | €16,174 | -€6,819 | -29.7% |
| Profit (loss) for the period | 9904 | €89,110 | €62,604 | -€26,505 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €89,110 | €62,604 | -€26,505 | -29.7% |
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 28 September 2026 via checked.be.