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CFB GROUP: 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.

What changed

CFB GROUP

BE 0828.959.525
NACE 93.130, Fitness centres
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,115
2024 · €25,565+€4,550
Equity
-€17,206
2024 · -€47,322+€30,115
Cash
€29,041
2024 · €17,668+€11,373
Balance sheet total
€48,118
2024 · €34,063+€14,055

Largest movements

2024 to 2025
Assets
  • Cash +€11,373

    up €11,373 (+64.4%), from €17,668 to €29,041

    mainly Net result for the year (+€30,115) and Trade debts (+€3,210)

  • Tangible fixed assets +€2,696

    up €2,696 (+38.8%), from €6,943 to €9,639

    of which Plant, machinery and equipment: +€3,637

Equity and liabilities
  • Profit (loss) carried forward +€30,115

    up €30,115 (+45.7%), from -€65,922 to -€35,806

  • Other debts -€20,191

    down €20,191 (-25.8%), from €78,351 to €58,161

  • Trade debts +€3,210

    up €3,210 (+259.4%), from €1,238 to €4,447

  • Short-term financial debts +€550

    up €550 (+148.4%), from €371 to €921

Income statement
  • Gross operating margin +€5,730

    up €5,730 (+17.5%), from €32,723 to €38,452

  • Depreciation +€677

    up €677 (+28.0%), from €2,417 to €3,093

  • Other operating charges +€393

    up €393 (+8.7%), from €4,513 to €4,906

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €25,565
Gross operating margin +€5,730
Staff costs +€12
Depreciation -€677
Other operating charges -€393
Financial income +€13
Financial charges -€135
Result 2025 €30,115

Cash bridge derived

cash 2024 to 2025

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.

From operations +€16,612
Investment -€5,789
Financing +€550
Cash 2024 €17,668
Net result for the year +€30,115
Depreciation +€3,093
Smaller working-capital items +€14
Trade debts +€3,210
Tax, wage and social debts +€371
Other debts -€20,191
Investment in fixed assets (net) -€5,789
Short-term financial debts +€550
Cash 2025 €29,041
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €34,063 €48,118 +€14,055 +41.3%
Fixed assets 21/28 €13,243 €15,939 +€2,696 +20.4%
Tangible fixed assets 22/27 €6,943 €9,639 +€2,696 +38.8%
Land and buildings 22 €1,096 €155 -€941 -85.8%
Plant, machinery and equipment 23 €5,847 €9,484 +€3,637 +62.2%
Financial fixed assets 28 €6,300 €6,300 = 0.0%
Current assets 29/58 €20,819 €32,179 +€11,359 +54.6%
Amounts receivable within one year 40/41 €195 €170 -€26 -13.1%
Other amounts receivable 41 €195 €170 -€26 -13.1%
Cash at bank and in hand 54/58 €17,668 €29,041 +€11,373 +64.4%
Deferred charges and accrued income 490/1 €2,956 €2,968 +€12 +0.4%
Total equity and liabilities 10/49 €34,063 €48,118 +€14,055 +41.3%
Equity 10/15 -€47,322 -€17,206 +€30,115 +63.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€65,922 -€35,806 +€30,115 +45.7%
Amounts payable 17/49 €81,384 €65,324 -€16,060 -19.7%
Amounts payable within one year 42/48 €81,384 €65,324 -€16,060 -19.7%
Financial debts 43 €371 €921 +€550 +148.4%
Credit institutions 430/8 €371 €921 +€550 +148.4%
Trade debts 44 €1,238 €4,447 +€3,210 +259.4%
Suppliers 440/4 €1,238 €4,447 +€3,210 +259.4%
Taxes, remuneration and social security 45 €1,425 €1,796 +€371 +26.1%
Taxes 450/3 €1,425 €1,796 +€371 +26.1%
Other amounts payable 47/48 €78,351 €58,161 -€20,191 -25.8%
Remuneration, social security and pensions 62 €12 €0 -€12 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,417 €3,093 +€677 +28.0%
Other operating charges 640/8 €4,513 €4,906 +€393 +8.7%
Gross operating margin 9900 €32,723 €38,452 +€5,730 +17.5%
Operating profit (loss) 9901 €25,781 €30,453 +€4,672 +18.1%
Financial income 75/76B €0 €13 +€13 +4542.9%
Recurring financial income 75 €0 €13 +€13 +4542.9%
Financial charges 65/66B €216 €351 +€135 +62.5%
Recurring financial charges 65 €216 €351 +€135 +62.5%
Profit (loss) for the period before taxes 9903 €25,565 €30,115 +€4,550 +17.8%
Profit (loss) for the period 9904 €25,565 €30,115 +€4,550 +17.8%
Profit (loss) for the period to be appropriated 9905 €25,565 €30,115 +€4,550 +17.8%

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 29 September 2026 via checked.be.