CN & PARTNERS: 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.
CN & PARTNERS
Largest movements
- Receivables within one year +€20,341
up €20,341 (+513%), from €3,965 to €24,306
of which Trade receivables: +€16,412
- Tangible fixed assets -€10,565
down €10,565 (-100%), from €10,565 to €0
- Cash -€300
down €300 (-47.2%), from €636 to €336
mainly Receivables within one year (-€20,341) and Other debts (-€12,525)
- Trade debts +€17,433
up €17,433 (+662%), from €2,633 to €20,066
- Other debts -€12,525
no longer reported in 2025 (was €12,525)
- Profit (loss) carried forward +€2,692
up €2,692 (+59.1%), from -€4,557 to -€1,865
- Tax, wage and social debts +€2,106
up €2,106 (+115%), from €1,833 to €3,939
- Turnover +€27,280
up €27,280 (+67.1%), from €40,629 to €67,909
- Gross operating margin +€23,286
up €23,286 (+143%), from €16,234 to €39,520
- Staff costs +€16,079
up €16,079 (+84.2%), from €19,086 to €35,165
- Purchases and services +€5,657
up €5,657 (+23.1%), from €24,453 to €30,110
- Depreciation -€1,435
down €1,435 (-100%), from €1,435 to €0
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 | €15,434 | €25,140 | +€9,706 | +62.9% |
| Fixed assets | 21/28 | €10,833 | €498 | -€10,335 | -95.4% |
| Tangible fixed assets | 22/27 | €10,565 | €0 | -€10,565 | -100% |
| Furniture and vehicles | 24 | €10,565 | €0 | -€10,565 | -100% |
| Financial fixed assets | 28 | €268 | €498 | +€230 | +85.8% |
| Current assets | 29/58 | €4,601 | €24,642 | +€20,041 | +436% |
| Amounts receivable within one year | 40/41 | €3,965 | €24,306 | +€20,341 | +513% |
| Trade receivables | 40 | €3,304 | €19,716 | +€16,412 | +497% |
| Other amounts receivable | 41 | €661 | €4,590 | +€3,929 | +594% |
| Cash at bank and in hand | 54/58 | €636 | €336 | -€300 | -47.2% |
| Total equity and liabilities | 10/49 | €15,434 | €25,140 | +€9,706 | +62.9% |
| Equity | 10/15 | -€1,557 | €1,135 | +€2,692 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,557 | -€1,865 | +€2,692 | +59.1% |
| Amounts payable | 17/49 | €16,991 | €24,005 | +€7,014 | +41.3% |
| Amounts payable within one year | 42/48 | €16,991 | €24,005 | +€7,014 | +41.3% |
| Trade debts | 44 | €2,633 | €20,066 | +€17,433 | +662% |
| Suppliers | 440/4 | €2,633 | €20,066 | +€17,433 | +662% |
| Taxes, remuneration and social security | 45 | €1,833 | €3,939 | +€2,106 | +115% |
| Remuneration and social security | 454/9 | €1,833 | €3,939 | +€2,106 | +115% |
| Other amounts payable | 47/48 | €12,525 | - | -€12,525 | |
| Turnover | 70 | €40,629 | €67,909 | +€27,280 | +67.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,453 | €30,110 | +€5,657 | +23.1% |
| Remuneration, social security and pensions | 62 | €19,086 | €35,165 | +€16,079 | +84.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €0 | -€1,435 | -100% |
| Other operating charges | 640/8 | €126 | €1,414 | +€1,288 | +1,022% |
| Gross operating margin | 9900 | €16,234 | €39,520 | +€23,286 | +143% |
| Operating profit (loss) | 9901 | -€4,413 | €2,941 | +€7,354 | |
| Financial income | 75/76B | - | €242 | +€242 | |
| Recurring financial income | 75 | - | €242 | +€242 | |
| Financial charges | 65/66B | €144 | €491 | +€347 | +241% |
| Recurring financial charges | 65 | €144 | €491 | +€347 | +241% |
| Profit (loss) for the period before taxes | 9903 | -€4,557 | €2,692 | +€7,249 | |
| Profit (loss) for the period | 9904 | -€4,557 | €2,692 | +€7,249 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,557 | €2,692 | +€7,249 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.