CNOC 2000: 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.
CNOC 2000
Largest movements
- Receivables within one year +€77,251
up €77,251 (+56.7%), from €136,197 to €213,448
of which Other amounts receivable: +€77,283
- Cash -€22,147
down €22,147 (-22.8%), from €97,254 to €75,107
mainly Trade debts (-€92,311) and Receivables within one year (-€77,251)
- Tangible fixed assets -€20,217
down €20,217 (-14.2%), from €142,662 to €122,445
of which Furniture and vehicles: -€23,164
- Stocks and contracts -€6,504
down €6,504 (-10.0%), from €64,862 to €58,359
- Reserves +€134,112
up €134,112 (+83.7%), from €160,248 to €294,361
- Trade debts -€92,311
down €92,311 (-85.1%), from €108,491 to €16,181
- Debts after one year -€15,045
down €15,045 (-24.7%), from €60,853 to €45,808
- Tax, wage and social debts -€13,359
down €13,359 (-19.2%), from €69,417 to €56,058
of which Taxes: -€13,023
- Short-term financial debts +€8,438
new in 2025: €8,438
- Gross operating margin +€188,403
up €188,403 (+36.9%), from €510,772 to €699,174
- Taxes +€64,650
up €64,650 (+254%), from €25,451 to €90,101
- Staff costs -€20,696
down €20,696 (-5.2%), from €400,931 to €380,235
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 | €446,188 | €472,502 | +€26,314 | +5.9% |
| Fixed assets | 21/28 | €142,662 | €122,445 | -€20,217 | -14.2% |
| Tangible fixed assets | 22/27 | €142,662 | €122,445 | -€20,217 | -14.2% |
| Land and buildings | 22 | €1,513 | - | -€1,513 | |
| Plant, machinery and equipment | 23 | €13,749 | €23,779 | +€10,030 | +73.0% |
| Furniture and vehicles | 24 | €89,096 | €65,933 | -€23,164 | -26.0% |
| Other tangible fixed assets | 26 | €38,303 | €32,733 | -€5,570 | -14.5% |
| Current assets | 29/58 | €303,526 | €350,057 | +€46,531 | +15.3% |
| Stocks and contracts in progress | 3 | €64,862 | €58,359 | -€6,504 | -10.0% |
| Stocks | 30/36 | €64,862 | €58,359 | -€6,504 | -10.0% |
| Amounts receivable within one year | 40/41 | €136,197 | €213,448 | +€77,251 | +56.7% |
| Trade receivables | 40 | €832 | €800 | -€32 | -3.8% |
| Other amounts receivable | 41 | €135,365 | €212,648 | +€77,283 | +57.1% |
| Cash at bank and in hand | 54/58 | €97,254 | €75,107 | -€22,147 | -22.8% |
| Deferred charges and accrued income | 490/1 | €5,214 | €3,144 | -€2,070 | -39.7% |
| Total equity and liabilities | 10/49 | €446,188 | €472,502 | +€26,314 | +5.9% |
| Equity | 10/15 | €185,248 | €319,361 | +€134,112 | +72.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €160,248 | €294,361 | +€134,112 | +83.7% |
| Distributable reserves | 133 | €160,248 | €294,361 | +€134,112 | +83.7% |
| Amounts payable | 17/49 | €260,940 | €153,141 | -€107,798 | -41.3% |
| Amounts payable after more than one year | 17 | €60,853 | €45,808 | -€15,045 | -24.7% |
| Financial debts | 170/4 | €60,853 | €45,808 | -€15,045 | -24.7% |
| Amounts payable within one year | 42/48 | €200,086 | €107,333 | -€92,753 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €21,678 | €24,887 | +€3,209 | +14.8% |
| Financial debts | 43 | - | €8,438 | +€8,438 | |
| Credit institutions | 430/8 | - | €8,438 | +€8,438 | |
| Trade debts | 44 | €108,491 | €16,181 | -€92,311 | -85.1% |
| Suppliers | 440/4 | €108,491 | €16,181 | -€92,311 | -85.1% |
| Taxes, remuneration and social security | 45 | €69,417 | €56,058 | -€13,359 | -19.2% |
| Taxes | 450/3 | €55,110 | €42,087 | -€13,023 | -23.6% |
| Remuneration and social security | 454/9 | €14,307 | €13,970 | -€336 | -2.4% |
| Other amounts payable | 47/48 | €500 | €1,770 | +€1,270 | +254% |
| Non-recurring operating income | 76A | - | €11,410 | +€11,410 | |
| Remuneration, social security and pensions | 62 | €400,931 | €380,235 | -€20,696 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,454 | €37,195 | +€2,741 | +8.0% |
| Other operating charges | 640/8 | €8,056 | €12,611 | +€4,555 | +56.5% |
| Non-recurring operating charges | 66A | - | €779 | +€779 | |
| Gross operating margin | 9900 | €510,772 | €699,174 | +€188,403 | +36.9% |
| Operating profit (loss) | 9901 | €67,330 | €268,354 | +€201,024 | +299% |
| Financial income | 75/76B | €4,499 | €9,342 | +€4,843 | +108% |
| Recurring financial income | 75 | €4,499 | €9,342 | +€4,843 | +108% |
| Financial charges | 65/66B | €16,086 | €20,690 | +€4,605 | +28.6% |
| Recurring financial charges | 65 | €16,086 | €20,690 | +€4,605 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €55,744 | €257,006 | +€201,262 | +361% |
| Income taxes | 67/77 | €25,451 | €90,101 | +€64,650 | +254% |
| Profit (loss) for the period | 9904 | €30,293 | €166,906 | +€136,612 | +451% |
| Profit (loss) for the period to be appropriated | 9905 | €30,293 | €166,906 | +€136,612 | +451% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.