Groep CnC: 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.
Groep CnC
Largest movements
- Tangible fixed assets -€43,551
down €43,551 (-25.9%), from €167,883 to €124,331
of which Land and buildings: -€23,444
- Receivables within one year -€8,743
down €8,743 (-1.9%), from €452,284 to €443,541
of which Other amounts receivable: -€19,692
- Cash +€7,028
up €7,028 (+41.7%), from €16,851 to €23,879
mainly Other debts (+€54,732) and Depreciation (+€44,362)
- Trade debts -€56,245
down €56,245 (-73.6%), from €76,417 to €20,172
- Other debts +€54,732
up €54,732 (+27.9%), from €196,421 to €251,153
- Short-term financial debts -€28,970
no longer reported in 2025 (was €28,970)
- Debts after one year -€22,219
down €22,219 (-22.4%), from €99,248 to €77,029
- Tax, wage and social debts +€15,251
up €15,251 (+100%), from €15,221 to €30,473
of which Taxes: +€14,890
- Gross operating margin +€21,094
up €21,094 (+13.4%), from €157,698 to €178,792
- Taxes +€10,402
up €10,402 (+102%), from €10,196 to €20,598
- Write-downs -€8,163
no longer reported in 2025 (was €8,163)
- Staff costs +€2,189
up €2,189 (+3.5%), from €62,384 to €64,573
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 | €649,452 | €603,802 | -€45,651 | -7.0% |
| Fixed assets | 21/28 | €167,883 | €124,331 | -€43,551 | -25.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €167,883 | €124,331 | -€43,551 | -25.9% |
| Land and buildings | 22 | €141,067 | €117,622 | -€23,444 | -16.6% |
| Plant, machinery and equipment | 23 | €3,542 | €2,454 | -€1,088 | -30.7% |
| Furniture and vehicles | 24 | €23,274 | €4,255 | -€19,019 | -81.7% |
| Current assets | 29/58 | €481,570 | €479,471 | -€2,099 | -0.4% |
| Amounts receivable within one year | 40/41 | €452,284 | €443,541 | -€8,743 | -1.9% |
| Trade receivables | 40 | €353,872 | €364,821 | +€10,950 | +3.1% |
| Other amounts receivable | 41 | €98,412 | €78,720 | -€19,692 | -20.0% |
| Cash at bank and in hand | 54/58 | €16,851 | €23,879 | +€7,028 | +41.7% |
| Deferred charges and accrued income | 490/1 | €12,435 | €12,050 | -€385 | -3.1% |
| Total equity and liabilities | 10/49 | €649,452 | €603,802 | -€45,651 | -7.0% |
| Equity | 10/15 | €200,930 | €201,302 | +€372 | +0.2% |
| Contributions | 10/11 | €38,592 | €38,592 | = | 0.0% |
| Reserves | 13 | €162,338 | €162,710 | +€372 | +0.2% |
| Distributable reserves | 133 | €162,338 | €162,710 | +€372 | +0.2% |
| Amounts payable | 17/49 | €448,522 | €402,499 | -€46,023 | -10.3% |
| Amounts payable after more than one year | 17 | €99,248 | €77,029 | -€22,219 | -22.4% |
| Financial debts | 170/4 | €99,248 | €77,029 | -€22,219 | -22.4% |
| Amounts payable within one year | 42/48 | €348,820 | €324,850 | -€23,970 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €31,791 | €23,053 | -€8,738 | -27.5% |
| Financial debts | 43 | €28,970 | - | -€28,970 | |
| Credit institutions | 430/8 | €28,970 | - | -€28,970 | |
| Trade debts | 44 | €76,417 | €20,172 | -€56,245 | -73.6% |
| Suppliers | 440/4 | €76,417 | €20,172 | -€56,245 | -73.6% |
| Taxes, remuneration and social security | 45 | €15,221 | €30,473 | +€15,251 | +100% |
| Taxes | 450/3 | €7,609 | €22,499 | +€14,890 | +196% |
| Remuneration and social security | 454/9 | €7,612 | €7,973 | +€361 | +4.7% |
| Other amounts payable | 47/48 | €196,421 | €251,153 | +€54,732 | +27.9% |
| Accrued charges and deferred income | 492/3 | €453 | €620 | +€167 | +36.8% |
| Remuneration, social security and pensions | 62 | €62,384 | €64,573 | +€2,189 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,445 | €44,362 | -€82 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,163 | - | -€8,163 | |
| Other operating charges | 640/8 | €6,018 | €6,180 | +€162 | +2.7% |
| Non-recurring operating charges | 66A | €4,887 | €12,715 | +€7,828 | +160% |
| Gross operating margin | 9900 | €157,698 | €178,792 | +€21,094 | +13.4% |
| Operating profit (loss) | 9901 | €31,801 | €50,961 | +€19,160 | +60.3% |
| Financial income | 75/76B | - | €1,425 | +€1,425 | |
| Recurring financial income | 75 | - | €1,425 | +€1,425 | |
| Financial charges | 65/66B | €5,495 | €5,416 | -€79 | -1.4% |
| Recurring financial charges | 65 | €5,495 | €5,416 | -€79 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €26,306 | €46,970 | +€20,664 | +78.6% |
| Income taxes | 67/77 | €10,196 | €20,598 | +€10,402 | +102% |
| Profit (loss) for the period | 9904 | €16,110 | €26,372 | +€10,262 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,110 | €26,372 | +€10,262 | +63.7% |
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 25 October 2026 via checked.be.