C.D.B.: 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.
C.D.B.
Largest movements
- Cash -€16,619
down €16,619 (-44.5%), from €37,342 to €20,722
mainly Net result for the year (-€17,960) and Investment in fixed assets (net) (-€17,387)
- Tangible fixed assets +€2,039
up €2,039 (+2.4%), from €84,929 to €86,968
of which Land and buildings: +€5,229
- Receivables within one year -€1,922
down €1,922 (-13.9%), from €13,880 to €11,958
of which Trade receivables: -€2,525
- Reserves -€17,960
down €17,960 (-15.5%), from €116,109 to €98,149
of which Distributable reserves: -€15,692
- Trade debts +€4,678
up €4,678 (+348.8%), from €1,341 to €6,019
- Other debts -€2,824
down €2,824 (-24.5%), from €11,504 to €8,680
- Purchases and services +€59,917
new in 2025: €59,917
- Turnover +€44,781
new in 2025: €44,781
- Gross operating margin -€24,016
down €24,016 (-78.4%), from €30,623 to €6,607
- Taxes -€825
down €825 (-81.4%), from €1,013 to €188
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 | €136,151 | €119,648 | -€16,503 | -12.1% |
| Fixed assets | 21/28 | €84,929 | €86,968 | +€2,039 | +2.4% |
| Tangible fixed assets | 22/27 | €84,929 | €86,968 | +€2,039 | +2.4% |
| Land and buildings | 22 | €66,515 | €71,744 | +€5,229 | +7.9% |
| Plant, machinery and equipment | 23 | €2,364 | €4,736 | +€2,372 | +100.3% |
| Furniture and vehicles | 24 | €16,050 | €10,488 | -€5,562 | -34.7% |
| Current assets | 29/58 | €51,222 | €32,680 | -€18,542 | -36.2% |
| Amounts receivable within one year | 40/41 | €13,880 | €11,958 | -€1,922 | -13.9% |
| Trade receivables | 40 | €9,983 | €7,458 | -€2,525 | -25.3% |
| Other amounts receivable | 41 | €3,897 | €4,499 | +€602 | +15.5% |
| Cash at bank and in hand | 54/58 | €37,342 | €20,722 | -€16,619 | -44.5% |
| Total equity and liabilities | 10/49 | €136,151 | €119,648 | -€16,503 | -12.1% |
| Equity | 10/15 | €122,309 | €104,349 | -€17,960 | -14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,109 | €98,149 | -€17,960 | -15.5% |
| Tax-exempt reserves | 132 | €2,268 | €0 | -€2,268 | -100.0% |
| Distributable reserves | 133 | €113,841 | €98,149 | -€15,692 | -13.8% |
| Amounts payable | 17/49 | €13,841 | €15,299 | +€1,458 | +10.5% |
| Amounts payable within one year | 42/48 | €13,841 | €15,299 | +€1,458 | +10.5% |
| Trade debts | 44 | €1,341 | €6,019 | +€4,678 | +348.8% |
| Suppliers | 440/4 | €1,341 | €6,019 | +€4,678 | +348.8% |
| Taxes, remuneration and social security | 45 | €996 | €600 | -€396 | -39.7% |
| Taxes | 450/3 | €996 | €600 | -€396 | -39.7% |
| Other amounts payable | 47/48 | €11,504 | €8,680 | -€2,824 | -24.5% |
| Turnover | 70 | - | €44,781 | +€44,781 | |
| Non-recurring operating income | 76A | €10,000 | €0 | -€10,000 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €59,917 | +€59,917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,305 | €15,347 | +€43 | +0.3% |
| Other operating charges | 640/8 | €6,898 | €7,332 | +€434 | +6.3% |
| Gross operating margin | 9900 | €30,623 | €6,607 | -€24,016 | -78.4% |
| Operating profit (loss) | 9901 | €8,421 | -€16,072 | -€24,493 | |
| Financial income | 75/76B | €57 | €201 | +€145 | +255.3% |
| Recurring financial income | 75 | €57 | €201 | +€145 | +255.3% |
| Financial charges | 65/66B | €1,563 | €1,902 | +€339 | +21.7% |
| Recurring financial charges | 65 | €1,563 | €1,902 | +€339 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €6,915 | -€17,772 | -€24,687 | |
| Income taxes | 67/77 | €1,013 | €188 | -€825 | -81.4% |
| Profit (loss) for the period | 9904 | €5,902 | -€17,960 | -€23,862 | |
| Transfer from tax-exempt reserves | 789 | €1,782 | €2,268 | +€487 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,683 | -€15,692 | -€23,375 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.