CNNC: 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.
CNNC
Largest movements
- Receivables within one year +€16,985
up €16,985 (+98.2%), from €17,289 to €34,274
of which Trade receivables: +€19,485
- Cash -€14,353
down €14,353 (-74.8%), from €19,193 to €4,841
mainly Receivables within one year (-€16,985) and Current investments (-€6,258)
- Current investments +€6,258
new in 2025: €6,258
- Deferred charges and accrued income +€5,063
up €5,063 (+502%), from €1,008 to €6,071
- Tangible fixed assets -€2,622
down €2,622 (-44.6%), from €5,885 to €3,262
of which Furniture and vehicles: -€2,113
- Other debts +€8,995
up €8,995 (+38.4%), from €23,425 to €32,420
- Tax, wage and social debts -€4,163
down €4,163 (-72.0%), from €5,779 to €1,616
- Trade debts +€3,990
new in 2025: €3,990
- Reserves +€2,492
up €2,492 (+37.4%), from €6,670 to €9,162
- Financial charges +€38,358
up €38,358 (+15,667%), from €245 to €38,603
- Gross operating margin +€35,965
up €35,965 (+318%), from €11,326 to €47,291
- Other operating charges -€1,903
down €1,903 (-73.7%), from €2,582 to €679
- Taxes -€511
down €511 (-16.3%), from €3,127 to €2,616
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 | €43,375 | €54,706 | +€11,331 | +26.1% |
| Fixed assets | 21/28 | €5,885 | €3,262 | -€2,622 | -44.6% |
| Tangible fixed assets | 22/27 | €5,885 | €3,262 | -€2,622 | -44.6% |
| Plant, machinery and equipment | 23 | €1,295 | €786 | -€509 | -39.3% |
| Furniture and vehicles | 24 | €4,589 | €2,476 | -€2,113 | -46.0% |
| Current assets | 29/58 | €37,490 | €51,444 | +€13,953 | +37.2% |
| Amounts receivable within one year | 40/41 | €17,289 | €34,274 | +€16,985 | +98.2% |
| Trade receivables | 40 | €515 | €20,000 | +€19,485 | +3,787% |
| Other amounts receivable | 41 | €16,774 | €14,274 | -€2,500 | -14.9% |
| Current investments | 50/53 | - | €6,258 | +€6,258 | |
| Cash at bank and in hand | 54/58 | €19,193 | €4,841 | -€14,353 | -74.8% |
| Deferred charges and accrued income | 490/1 | €1,008 | €6,071 | +€5,063 | +502% |
| Total equity and liabilities | 10/49 | €43,375 | €54,706 | +€11,331 | +26.1% |
| Equity | 10/15 | €14,170 | €16,662 | +€2,492 | +17.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €6,670 | €9,162 | +€2,492 | +37.4% |
| Distributable reserves | 133 | €6,670 | €9,162 | +€2,492 | +37.4% |
| Amounts payable | 17/49 | €29,205 | €38,044 | +€8,839 | +30.3% |
| Amounts payable within one year | 42/48 | €29,205 | €38,044 | +€8,839 | +30.3% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | - | €3,990 | +€3,990 | |
| Suppliers | 440/4 | - | €3,990 | +€3,990 | |
| Taxes, remuneration and social security | 45 | €5,779 | €1,616 | -€4,163 | -72.0% |
| Taxes | 450/3 | €5,779 | €1,616 | -€4,163 | -72.0% |
| Other amounts payable | 47/48 | €23,425 | €32,420 | +€8,995 | +38.4% |
| Remuneration, social security and pensions | 62 | €296 | €286 | -€10 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,651 | €2,622 | -€29 | -1.1% |
| Other operating charges | 640/8 | €2,582 | €679 | -€1,903 | -73.7% |
| Gross operating margin | 9900 | €11,326 | €47,291 | +€35,965 | +318% |
| Operating profit (loss) | 9901 | €5,797 | €43,704 | +€37,907 | +654% |
| Financial income | 75/76B | €1 | €8 | +€7 | +871% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +871% |
| Financial charges | 65/66B | €245 | €38,603 | +€38,358 | +15,667% |
| Recurring financial charges | 65 | €245 | €38,603 | +€38,358 | +15,667% |
| Profit (loss) for the period before taxes | 9903 | €5,553 | €5,108 | -€444 | -8.0% |
| Income taxes | 67/77 | €3,127 | €2,616 | -€511 | -16.3% |
| Profit (loss) for the period | 9904 | €2,426 | €2,492 | +€66 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,426 | €2,492 | +€66 | +2.7% |
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 14 October 2026 via checked.be.