CNBB Equity Partners I: 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.
CNBB Equity Partners I
Largest movements
- Financial fixed assets +€11.3m
up €11.3m (+75.4%), from €15.0m to €26.3m
- Receivables after one year +€318,659
up €318,659 (+86.3%), from €369,326 to €687,985
- Contributions +€12.5m
up €12.5m (+71.0%), from €17.7m to €30.2m
- Profit (loss) carried forward -€449,306
down €449,306 (-18.0%), from -€2.5m to -€2.9m
- Other debts -€336,264
down €336,264 (-97.1%), from €346,390 to €10,126
- Financial charges -€1.6m
down €1.6m (-99.9%), from €1.6m to €1,508
of which Non-recurring financial charges: -€1.5m
- Financial income +€293,417
up €293,417 (+2,065%), from €14,210 to €307,627
- Gross operating margin +€34,653
up €34,653 (+4.7%), from -€733,142 to -€698,490
- Staff costs -€7,363
down €7,363 (-11.9%), from €61,651 to €54,288
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 | €15,744,781 | €27,516,798 | +€11.8m | +74.8% |
| Fixed assets | 21/28 | €15,014,584 | €26,330,920 | +€11.3m | +75.4% |
| Intangible fixed assets | 21 | €2,318 | €1,792 | -€527 | -22.7% |
| Tangible fixed assets | 22/27 | €1,479 | €475 | -€1,004 | -67.9% |
| Furniture and vehicles | 24 | €1,479 | €475 | -€1,004 | -67.9% |
| Financial fixed assets | 28 | €15,010,787 | €26,328,653 | +€11.3m | +75.4% |
| Current assets | 29/58 | €730,197 | €1,185,878 | +€455,680 | +62.4% |
| Amounts receivable after more than one year | 29 | €369,326 | €687,985 | +€318,659 | +86.3% |
| Other amounts receivable | 291 | €369,326 | €687,985 | +€318,659 | +86.3% |
| Amounts receivable within one year | 40/41 | €342,621 | €427,441 | +€84,819 | +24.8% |
| Trade receivables | 40 | €300,786 | €328,333 | +€27,548 | +9.2% |
| Other amounts receivable | 41 | €41,836 | €99,107 | +€57,272 | +137% |
| Cash at bank and in hand | 54/58 | €3,704 | €60,817 | +€57,113 | +1,542% |
| Deferred charges and accrued income | 490/1 | €14,546 | €9,635 | -€4,911 | -33.8% |
| Total equity and liabilities | 10/49 | €15,744,781 | €27,516,798 | +€11.8m | +74.8% |
| Equity | 10/15 | €15,167,057 | €27,257,751 | +€12.1m | +79.7% |
| Contributions | 10/11 | €17,667,735 | €30,207,735 | +€12.5m | +71.0% |
| Profit (loss) carried forward | 14 | -€2,500,678 | -€2,949,984 | -€449,306 | -18.0% |
| Amounts payable | 17/49 | €577,724 | €259,047 | -€318,677 | -55.2% |
| Amounts payable within one year | 42/48 | €477,474 | €259,047 | -€218,427 | -45.7% |
| Financial debts | 43 | €2,159 | €1,056 | -€1,104 | -51.1% |
| Credit institutions | 430/8 | €2,159 | €1,056 | -€1,104 | -51.1% |
| Trade debts | 44 | €122,428 | €242,484 | +€120,057 | +98.1% |
| Suppliers | 440/4 | €122,428 | €242,484 | +€120,057 | +98.1% |
| Taxes, remuneration and social security | 45 | €6,497 | €5,381 | -€1,116 | -17.2% |
| Remuneration and social security | 454/9 | €6,497 | €5,381 | -€1,116 | -17.2% |
| Other amounts payable | 47/48 | €346,390 | €10,126 | -€336,264 | -97.1% |
| Accrued charges and deferred income | 492/3 | €100,250 | €0 | -€100,250 | -100% |
| Remuneration, social security and pensions | 62 | €61,651 | €54,288 | -€7,363 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €1,530 | +€212 | +16.1% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€733,142 | -€698,490 | +€34,653 | +4.7% |
| Operating profit (loss) | 9901 | -€797,197 | -€755,426 | +€41,771 | +5.2% |
| Financial income | 75/76B | €14,210 | €307,627 | +€293,417 | +2,065% |
| Recurring financial income | 75 | €14,210 | €307,627 | +€293,417 | +2,065% |
| Financial charges | 65/66B | €1,555,024 | €1,508 | -€1.6m | -99.9% |
| Recurring financial charges | 65 | €5,235 | €1,508 | -€3,727 | -71.2% |
| Non-recurring financial charges | 66B | €1,549,789 | €0 | -€1.5m | -100% |
| Profit (loss) for the period before taxes | 9903 | -€2,338,011 | -€449,306 | +€1.9m | +80.8% |
| Profit (loss) for the period | 9904 | -€2,338,011 | -€449,306 | +€1.9m | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,338,011 | -€449,306 | +€1.9m | +80.8% |
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 27 October 2026 via checked.be.