CUDDLY BEAR: what changed
Two fiscal 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.
CUDDLY BEAR
Largest movements
- Cash -€1,513
down €1,513 (-100.0%), from €1,513 to €0
mainly Trade debts (-€3,678) and Receivables within one year (-€1,403)
- Receivables within one year +€1,403
new in 2025: €1,403
- Other debts +€3,844
up €3,844 (+9.8%), from €39,052 to €42,896
- Trade debts -€3,678
down €3,678 (-56.2%), from €6,542 to €2,864
- Profit (loss) carried forward -€176
down €176 (-0.3%), from -€62,781 to -€62,957
- Tax, wage and social debts -€100
down €100 (-100.0%), from €100 to €0
- Gross operating margin +€750
up €750 (+92.0%), from -€816 to -€66
- Depreciation -€258
no longer reported in 2025 (was €258)
- Financial charges +€30
up €30 (+36.5%), from €81 to €111
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.
Cash bridge derived
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 | €1,513 | €1,403 | -€111 | -7.3% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €1,513 | €1,403 | -€111 | -7.3% |
| Amounts receivable within one year | 40/41 | - | €1,403 | +€1,403 | |
| Other amounts receivable | 41 | - | €1,403 | +€1,403 | |
| Cash at bank and in hand | 54/58 | €1,513 | €0 | -€1,513 | -100.0% |
| Total equity and liabilities | 10/49 | €1,513 | €1,403 | -€111 | -7.3% |
| Equity | 10/15 | -€44,181 | -€44,357 | -€176 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,781 | -€62,957 | -€176 | -0.3% |
| Amounts payable | 17/49 | €45,694 | €45,760 | +€66 | +0.1% |
| Amounts payable within one year | 42/48 | €45,694 | €45,760 | +€66 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,542 | €2,864 | -€3,678 | -56.2% |
| Suppliers | 440/4 | €6,542 | €2,864 | -€3,678 | -56.2% |
| Taxes, remuneration and social security | 45 | €100 | €0 | -€100 | -100.0% |
| Taxes | 450/3 | €100 | €0 | -€100 | -100.0% |
| Other amounts payable | 47/48 | €39,052 | €42,896 | +€3,844 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258 | - | -€258 | |
| Gross operating margin | 9900 | -€816 | -€66 | +€750 | +92.0% |
| Operating profit (loss) | 9901 | -€1,074 | -€66 | +€1,008 | +93.9% |
| Financial charges | 65/66B | €81 | €111 | +€30 | +36.5% |
| Recurring financial charges | 65 | €81 | €111 | +€30 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,155 | -€176 | +€979 | +84.7% |
| Profit (loss) for the period | 9904 | -€1,155 | -€176 | +€979 | +84.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,155 | -€176 | +€979 | +84.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.