CFBT-BE: 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.
CFBT-BE
Largest movements
- Current investments +€50,000
up €50,000 (+333.3%), from €15,000 to €65,000
- Receivables within one year -€20,024
down €20,024 (-40.8%), from €49,070 to €29,045
of which Trade receivables: -€24,879
- Tangible fixed assets -€14,618
down €14,618 (-12.5%), from €117,114 to €102,496
of which Furniture and vehicles: -€12,138
- Deferred charges and accrued income -€3,440
down €3,440 (-91.1%), from €3,775 to €335
- Tax, wage and social debts -€10,600
down €10,600 (-74.4%), from €14,255 to €3,654
- Reserves +€9,576
up €9,576 (+7.7%), from €124,330 to €133,906
of which Distributable reserves: +€9,576
- Other debts +€8,893
up €8,893 (+7.5%), from €118,045 to €126,937
- Gross operating margin +€13,030
up €13,030 (+50.4%), from €25,866 to €38,897
- Taxes +€3,669
up €3,669 (+244.7%), from €1,499 to €5,168
- Financial charges +€2,779
up €2,779 (+48.0%), from €5,793 to €8,572
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 | €271,366 | €281,011 | +€9,645 | +3.6% |
| Fixed assets | 21/28 | €117,114 | €102,496 | -€14,618 | -12.5% |
| Tangible fixed assets | 22/27 | €117,114 | €102,496 | -€14,618 | -12.5% |
| Land and buildings | 22 | €77,640 | €75,160 | -€2,480 | -3.2% |
| Furniture and vehicles | 24 | €39,474 | €27,336 | -€12,138 | -30.7% |
| Current assets | 29/58 | €154,252 | €178,515 | +€24,263 | +15.7% |
| Amounts receivable within one year | 40/41 | €49,070 | €29,045 | -€20,024 | -40.8% |
| Trade receivables | 40 | €44,028 | €19,149 | -€24,879 | -56.5% |
| Other amounts receivable | 41 | €5,042 | €9,896 | +€4,855 | +96.3% |
| Current investments | 50/53 | €15,000 | €65,000 | +€50,000 | +333.3% |
| Cash at bank and in hand | 54/58 | €86,407 | €84,135 | -€2,273 | -2.6% |
| Deferred charges and accrued income | 490/1 | €3,775 | €335 | -€3,440 | -91.1% |
| Total equity and liabilities | 10/49 | €271,366 | €281,011 | +€9,645 | +3.6% |
| Equity | 10/15 | €136,730 | €146,306 | +€9,576 | +7.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €124,330 | €133,906 | +€9,576 | +7.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €124,330 | €133,906 | +€9,576 | +7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €134,636 | €134,705 | +€69 | +0.1% |
| Amounts payable within one year | 42/48 | €134,636 | €134,705 | +€69 | +0.1% |
| Trade debts | 44 | €2,337 | €4,114 | +€1,777 | +76.0% |
| Suppliers | 440/4 | €2,337 | €4,114 | +€1,777 | +76.0% |
| Taxes, remuneration and social security | 45 | €14,255 | €3,654 | -€10,600 | -74.4% |
| Taxes | 450/3 | €14,255 | €3,654 | -€10,600 | -74.4% |
| Other amounts payable | 47/48 | €118,045 | €126,937 | +€8,893 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,618 | €14,618 | = | 0.0% |
| Other operating charges | 640/8 | €1,251 | €1,035 | -€216 | -17.3% |
| Gross operating margin | 9900 | €25,866 | €38,897 | +€13,030 | +50.4% |
| Operating profit (loss) | 9901 | €9,997 | €23,243 | +€13,247 | +132.5% |
| Financial income | 75/76B | €0 | €72 | +€72 | |
| Recurring financial income | 75 | €0 | €72 | +€72 | |
| Financial charges | 65/66B | €5,793 | €8,572 | +€2,779 | +48.0% |
| Recurring financial charges | 65 | €5,793 | €8,572 | +€2,779 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €4,204 | €14,744 | +€10,540 | +250.7% |
| Income taxes | 67/77 | €1,499 | €5,168 | +€3,669 | +244.7% |
| Profit (loss) for the period | 9904 | €2,705 | €9,576 | +€6,871 | +254.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,705 | €9,576 | +€6,871 | +254.0% |
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.