CxO SERVICES: 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.
CxO SERVICES
Largest movements
- Receivables within one year +€89,670
up €89,670 (+466.3%), from €19,230 to €108,900
- Cash +€26,301
up €26,301 (+30.4%), from €86,390 to €112,691
mainly Net result for the year (+€96,880) and Tax, wage and social debts (+€26,545)
- Reserves +€96,880
up €96,880 (+199.5%), from €48,561 to €145,441
- Tax, wage and social debts +€26,545
up €26,545 (+116.9%), from €22,698 to €49,243
of which Taxes: +€26,545
- Other debts -€6,299
down €6,299 (-6.3%), from €100,331 to €94,032
- Gross operating margin +€62,149
up €62,149 (+94.2%), from €65,984 to €128,133
- Taxes +€13,573
up €13,573 (+107.5%), from €12,622 to €26,195
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 | €198,567 | €315,005 | +€116,438 | +58.6% |
| Fixed assets | 21/28 | €92,948 | €92,948 | = | 0.0% |
| Financial fixed assets | 28 | €92,948 | €92,948 | = | 0.0% |
| Current assets | 29/58 | €105,620 | €222,058 | +€116,438 | +110.2% |
| Amounts receivable within one year | 40/41 | €19,230 | €108,900 | +€89,670 | +466.3% |
| Trade receivables | 40 | €19,230 | €108,900 | +€89,670 | +466.3% |
| Cash at bank and in hand | 54/58 | €86,390 | €112,691 | +€26,301 | +30.4% |
| Deferred charges and accrued income | 490/1 | - | €467 | +€467 | |
| Total equity and liabilities | 10/49 | €198,567 | €315,005 | +€116,438 | +58.6% |
| Equity | 10/15 | €68,561 | €165,441 | +€96,880 | +141.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €48,561 | €145,441 | +€96,880 | +199.5% |
| Distributable reserves | 133 | €48,561 | €145,441 | +€96,880 | +199.5% |
| Amounts payable | 17/49 | €130,006 | €149,564 | +€19,558 | +15.0% |
| Amounts payable within one year | 42/48 | €125,715 | €144,710 | +€18,995 | +15.1% |
| Trade debts | 44 | €2,686 | €1,436 | -€1,251 | -46.6% |
| Suppliers | 440/4 | €2,686 | €1,436 | -€1,251 | -46.6% |
| Taxes, remuneration and social security | 45 | €22,698 | €49,243 | +€26,545 | +116.9% |
| Taxes | 450/3 | €21,050 | €47,595 | +€26,545 | +126.1% |
| Remuneration and social security | 454/9 | €1,648 | €1,648 | = | 0.0% |
| Other amounts payable | 47/48 | €100,331 | €94,032 | -€6,299 | -6.3% |
| Accrued charges and deferred income | 492/3 | €4,291 | €4,854 | +€564 | +13.1% |
| Other operating charges | 640/8 | €322 | €128 | -€194 | -60.2% |
| Gross operating margin | 9900 | €65,984 | €128,133 | +€62,149 | +94.2% |
| Operating profit (loss) | 9901 | €65,662 | €128,005 | +€62,343 | +94.9% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €4,479 | €4,934 | +€456 | +10.2% |
| Recurring financial charges | 65 | €4,479 | €4,934 | +€456 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €61,184 | €123,075 | +€61,892 | +101.2% |
| Income taxes | 67/77 | €12,622 | €26,195 | +€13,573 | +107.5% |
| Profit (loss) for the period | 9904 | €48,561 | €96,880 | +€48,319 | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,561 | €96,880 | +€48,319 | +99.5% |
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 12 October 2026 via checked.be.