César: 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.
César
Largest movements
- Cash -€15,740
down €15,740 (-46.8%), from €33,631 to €17,891
mainly Trade debts (-€11,410) and Contributions, distributions and other (-€10,000)
- Receivables within one year -€13,661
down €13,661 (-57.5%), from €23,747 to €10,085
- Tangible fixed assets -€7,525
down €7,525 (-22.6%), from €33,267 to €25,742
of which Other tangible fixed assets: -€4,754
- Trade debts -€11,410
down €11,410 (-75.0%), from €15,218 to €3,808
- Reserves -€10,524
down €10,524 (-22.9%), from €46,000 to €35,476
- Other debts -€8,009
down €8,009 (-91.5%), from €8,750 to €741
- Tax, wage and social debts -€6,824
down €6,824 (-41.9%), from €16,272 to €9,447
of which Taxes: -€4,308
- Gross operating margin -€13,338
down €13,338 (-54.0%), from €24,688 to €11,350
- Taxes -€2,490
down €2,490 (-78.2%), from €3,184 to €693
- Other operating charges +€322
up €322 (+83.1%), from €387 to €709
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 | €91,409 | €54,473 | -€36,936 | -40.4% |
| Fixed assets | 21/28 | €33,267 | €25,742 | -€7,525 | -22.6% |
| Tangible fixed assets | 22/27 | €33,267 | €25,742 | -€7,525 | -22.6% |
| Plant, machinery and equipment | 23 | €5,760 | €4,403 | -€1,358 | -23.6% |
| Furniture and vehicles | 24 | €9,255 | €8,908 | -€347 | -3.8% |
| Leasing and similar rights | 25 | €4,695 | €3,629 | -€1,066 | -22.7% |
| Other tangible fixed assets | 26 | €13,556 | €8,802 | -€4,754 | -35.1% |
| Current assets | 29/58 | €58,142 | €28,731 | -€29,411 | -50.6% |
| Amounts receivable within one year | 40/41 | €23,747 | €10,085 | -€13,661 | -57.5% |
| Trade receivables | 40 | €23,747 | €10,085 | -€13,661 | -57.5% |
| Cash at bank and in hand | 54/58 | €33,631 | €17,891 | -€15,740 | -46.8% |
| Deferred charges and accrued income | 490/1 | €764 | €755 | -€10 | -1.2% |
| Total equity and liabilities | 10/49 | €91,409 | €54,473 | -€36,936 | -40.4% |
| Equity | 10/15 | €51,169 | €40,476 | -€10,693 | -20.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,000 | €35,476 | -€10,524 | -22.9% |
| Distributable reserves | 133 | €46,000 | €35,476 | -€10,524 | -22.9% |
| Profit (loss) carried forward | 14 | €169 | - | -€169 | |
| Amounts payable | 17/49 | €40,240 | €13,996 | -€26,243 | -65.2% |
| Amounts payable within one year | 42/48 | €40,240 | €13,996 | -€26,243 | -65.2% |
| Trade debts | 44 | €15,218 | €3,808 | -€11,410 | -75.0% |
| Suppliers | 440/4 | €15,218 | €3,808 | -€11,410 | -75.0% |
| Taxes, remuneration and social security | 45 | €16,272 | €9,447 | -€6,824 | -41.9% |
| Taxes | 450/3 | €13,755 | €9,447 | -€4,308 | -31.3% |
| Remuneration and social security | 454/9 | €2,516 | - | -€2,516 | |
| Other amounts payable | 47/48 | €8,750 | €741 | -€8,009 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,346 | €10,525 | +€179 | +1.7% |
| Other operating charges | 640/8 | €387 | €709 | +€322 | +83.1% |
| Gross operating margin | 9900 | €24,688 | €11,350 | -€13,338 | -54.0% |
| Operating profit (loss) | 9901 | €13,954 | €116 | -€13,839 | -99.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €165 | €117 | -€47 | -28.7% |
| Recurring financial charges | 65 | €165 | €117 | -€47 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €13,790 | €0 | -€13,789 | -100.0% |
| Income taxes | 67/77 | €3,184 | €693 | -€2,490 | -78.2% |
| Profit (loss) for the period | 9904 | €10,606 | -€693 | -€11,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,606 | -€693 | -€11,299 |
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 8 October 2026 via checked.be.