CONTROL C: 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.
CONTROL C
Largest movements
- Receivables within one year +€116,376
up €116,376 (+222%), from €52,437 to €168,813
of which Trade receivables: +€98,249
- Cash +€37,677
up €37,677 (+21.9%), from €172,259 to €209,936
mainly Net result for the year (+€126,257) and Other debts (+€54,628)
- Tangible fixed assets -€7,764
down €7,764 (-50.6%), from €15,332 to €7,569
of which Furniture and vehicles: -€7,164
- Reserves +€66,257
up €66,257 (+22.8%), from €290,635 to €356,892
- Other debts +€54,628
up €54,628 (+1,017%), from €5,372 to €60,000
- Tax, wage and social debts +€33,588
up €33,588 (+149%), from €22,552 to €56,141
of which Taxes: +€33,588
- Trade debts -€6,480
down €6,480 (-92.3%), from €7,024 to €544
- Gross operating margin +€109,771
up €109,771 (+141%), from €78,070 to €187,842
- Taxes +€33,166
up €33,166 (+153%), from €21,703 to €54,868
- Other operating charges -€1,968
down €1,968 (-75.7%), from €2,601 to €633
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 | €344,183 | €492,177 | +€147,994 | +43.0% |
| Fixed assets | 21/28 | €17,082 | €7,569 | -€9,514 | -55.7% |
| Tangible fixed assets | 22/27 | €15,332 | €7,569 | -€7,764 | -50.6% |
| Furniture and vehicles | 24 | €13,476 | €6,312 | -€7,164 | -53.2% |
| Other tangible fixed assets | 26 | €1,857 | €1,257 | -€600 | -32.3% |
| Financial fixed assets | 28 | €1,750 | - | -€1,750 | |
| Current assets | 29/58 | €327,101 | €484,609 | +€157,507 | +48.2% |
| Amounts receivable within one year | 40/41 | €52,437 | €168,813 | +€116,376 | +222% |
| Trade receivables | 40 | €51,437 | €149,686 | +€98,249 | +191% |
| Other amounts receivable | 41 | €1,000 | €19,127 | +€18,127 | +1,813% |
| Current investments | 50/53 | €100,573 | €104,022 | +€3,449 | +3.4% |
| Cash at bank and in hand | 54/58 | €172,259 | €209,936 | +€37,677 | +21.9% |
| Deferred charges and accrued income | 490/1 | €1,832 | €1,837 | +€5 | +0.3% |
| Total equity and liabilities | 10/49 | €344,183 | €492,177 | +€147,994 | +43.0% |
| Equity | 10/15 | €309,235 | €375,492 | +€66,257 | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,635 | €356,892 | +€66,257 | +22.8% |
| Distributable reserves | 133 | €290,635 | €356,892 | +€66,257 | +22.8% |
| Amounts payable | 17/49 | €34,948 | €116,685 | +€81,737 | +234% |
| Amounts payable within one year | 42/48 | €34,948 | €116,685 | +€81,737 | +234% |
| Trade debts | 44 | €7,024 | €544 | -€6,480 | -92.3% |
| Suppliers | 440/4 | €7,024 | €544 | -€6,480 | -92.3% |
| Taxes, remuneration and social security | 45 | €22,552 | €56,141 | +€33,588 | +149% |
| Taxes | 450/3 | €22,552 | €56,141 | +€33,588 | +149% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,372 | €60,000 | +€54,628 | +1,017% |
| Non-recurring operating income | 76A | €0 | €2,449 | +€2,449 | |
| Remuneration, social security and pensions | 62 | -€1,314 | - | +€1,314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,645 | €7,764 | +€118 | +1.5% |
| Other operating charges | 640/8 | €2,601 | €633 | -€1,968 | -75.7% |
| Non-recurring operating charges | 66A | €1,812 | - | -€1,812 | |
| Gross operating margin | 9900 | €78,070 | €187,842 | +€109,771 | +141% |
| Operating profit (loss) | 9901 | €67,326 | €179,445 | +€112,119 | +167% |
| Financial income | 75/76B | €609 | €1,776 | +€1,167 | +192% |
| Recurring financial income | 75 | €609 | €1,776 | +€1,167 | +192% |
| Financial charges | 65/66B | €839 | €97 | -€742 | -88.5% |
| Recurring financial charges | 65 | €839 | €97 | -€742 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €67,096 | €181,125 | +€114,029 | +170% |
| Income taxes | 67/77 | €21,703 | €54,868 | +€33,166 | +153% |
| Profit (loss) for the period | 9904 | €45,393 | €126,257 | +€80,863 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €45,393 | €126,257 | +€80,863 | +178% |
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.