CNC QUALITY: 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.
CNC QUALITY
Largest movements
- Tangible fixed assets -€139,723
down €139,723 (-43.6%), from €320,194 to €180,471
of which Plant, machinery and equipment: -€139,073
- Receivables within one year +€46,155
up €46,155 (+21.1%), from €219,149 to €265,304
of which Trade receivables: +€120,155
- Cash -€28,764
down €28,764 (-20.4%), from €141,142 to €112,378
mainly Debts after one year (-€59,040) and Receivables within one year (-€46,155)
- Intangible fixed assets -€20,609
down €20,609 (-11.2%), from €184,301 to €163,692
- Debts after one year -€59,040
down €59,040 (-31.9%), from €184,925 to €125,884
- Current portion of long-term debt -€41,742
down €41,742 (-41.4%), from €100,782 to €59,040
- Trade debts -€36,294
down €36,294 (-31.7%), from €114,589 to €78,295
- Reserves -€20,523
down €20,523 (-7.4%), from €277,215 to €256,692
of which Tax-exempt reserves: -€21,439
No income-statement line moved by more than 1% of the activity.
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 | €920,109 | €769,563 | -€150,546 | -16.4% |
| Fixed assets | 21/28 | €504,855 | €344,164 | -€160,691 | -31.8% |
| Intangible fixed assets | 21 | €184,301 | €163,692 | -€20,609 | -11.2% |
| Tangible fixed assets | 22/27 | €320,194 | €180,471 | -€139,723 | -43.6% |
| Plant, machinery and equipment | 23 | €318,793 | €179,720 | -€139,073 | -43.6% |
| Furniture and vehicles | 24 | €1,401 | €752 | -€650 | -46.4% |
| Financial fixed assets | 28 | €360 | €0 | -€360 | -100% |
| Current assets | 29/58 | €415,254 | €425,399 | +€10,145 | +2.4% |
| Stocks and contracts in progress | 3 | €54,696 | €47,718 | -€6,978 | -12.8% |
| Stocks | 30/36 | €47,021 | €43,127 | -€3,894 | -8.3% |
| Contracts in progress | 37 | €7,675 | €4,591 | -€3,084 | -40.2% |
| Amounts receivable within one year | 40/41 | €219,149 | €265,304 | +€46,155 | +21.1% |
| Trade receivables | 40 | €145,149 | €265,304 | +€120,155 | +82.8% |
| Other amounts receivable | 41 | €74,000 | €0 | -€74,000 | -100% |
| Cash at bank and in hand | 54/58 | €141,142 | €112,378 | -€28,764 | -20.4% |
| Deferred charges and accrued income | 490/1 | €268 | €0 | -€268 | -100% |
| Total equity and liabilities | 10/49 | €920,109 | €769,563 | -€150,546 | -16.4% |
| Equity | 10/15 | €385,815 | €365,292 | -€20,523 | -5.3% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €277,215 | €256,692 | -€20,523 | -7.4% |
| Tax-exempt reserves | 132 | €58,855 | €37,417 | -€21,439 | -36.4% |
| Distributable reserves | 133 | €218,360 | €219,275 | +€916 | +0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €19,618 | €12,472 | -€7,146 | -36.4% |
| Deferred taxes | 168 | €19,618 | €12,472 | -€7,146 | -36.4% |
| Amounts payable | 17/49 | €514,675 | €391,799 | -€122,877 | -23.9% |
| Amounts payable after more than one year | 17 | €184,925 | €125,884 | -€59,040 | -31.9% |
| Financial debts | 170/4 | €184,925 | €125,884 | -€59,040 | -31.9% |
| Amounts payable within one year | 42/48 | €329,751 | €263,879 | -€65,872 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €100,782 | €59,040 | -€41,742 | -41.4% |
| Financial debts | 43 | - | €7,403 | +€7,403 | |
| Credit institutions | 430/8 | - | €7,403 | +€7,403 | |
| Trade debts | 44 | €114,589 | €78,295 | -€36,294 | -31.7% |
| Suppliers | 440/4 | €114,589 | €78,295 | -€36,294 | -31.7% |
| Taxes, remuneration and social security | 45 | €40,379 | €49,140 | +€8,761 | +21.7% |
| Taxes | 450/3 | €11,693 | €20,974 | +€9,281 | +79.4% |
| Remuneration and social security | 454/9 | €28,686 | €28,166 | -€520 | -1.8% |
| Other amounts payable | 47/48 | €74,000 | €70,000 | -€4,000 | -5.4% |
| Accrued charges and deferred income | 492/3 | - | €2,036 | +€2,036 | |
| Remuneration, social security and pensions | 62 | €307,975 | €305,585 | -€2,390 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,258 | €160,331 | +€74 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,544 | €1,894 | -€1,650 | -46.6% |
| Gross operating margin | 9900 | €448,506 | €449,306 | +€800 | +0.2% |
| Operating profit (loss) | 9901 | -€23,271 | -€18,504 | +€4,767 | +20.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +10,000% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +10,000% |
| Financial charges | 65/66B | €6,882 | €6,824 | -€58 | -0.8% |
| Recurring financial charges | 65 | €6,882 | €6,824 | -€58 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,153 | -€25,327 | +€4,826 | +16.0% |
| Transfer from deferred taxes | 780 | €9,458 | €7,146 | -€2,312 | -24.4% |
| Income taxes | 67/77 | €3,272 | €2,342 | -€930 | -28.4% |
| Profit (loss) for the period | 9904 | -€23,967 | -€20,523 | +€3,444 | +14.4% |
| Transfer from tax-exempt reserves | 789 | €28,374 | €21,439 | -€6,935 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,407 | €916 | -€3,492 | -79.2% |
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 16 October 2026 via checked.be.