C&D COMPANY: what changed
What changed
C&D COMPANY
NACE 77.222, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
-€22,122
2024 · €34,421-€56,543
Equity
€599,049
2024 · €621,171-€22,122
Cash
€1,091
2024 · €14,717-€13,626
Balance sheet total
€1.4m
2024 · €1.6m-€107,932
Largest movements
Assets
- Tangible fixed assets -€88,027
down €88,027 (-7.1%), from €1.2m to €1.2m
of which Plant, machinery and equipment: -€113,001
Equity and liabilities
- Trade debts -€106,748
down €106,748 (-29.7%), from €359,312 to €252,564
- Debts after one year -€42,051
down €42,051 (-11.7%), from €360,652 to €318,601
- Current portion of long-term debt +€35,284
up €35,284 (+22.3%), from €158,044 to €193,328
- Tax, wage and social debts +€25,486
up €25,486 (+90.1%), from €28,278 to €53,763
of which Taxes: +€26,709
- Profit (loss) carried forward -€22,122
new in 2025: -€22,122
Income statement
- Depreciation +€46,786
up €46,786 (+18.6%), from €251,563 to €298,349
- Staff costs +€20,471
up €20,471 (+276%), from €7,423 to €27,894
- Other operating charges -€13,682
down €13,682 (-54.1%), from €25,298 to €11,616
- Financial charges +€4,282
up €4,282 (+14.5%), from €29,468 to €33,750
- Taxes -€3,537
no longer reported in 2025 (was €3,537)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€34,421
Gross operating margin
-€1,321
Staff costs
-€20,471
Depreciation
-€46,786
Other operating charges
+€13,682
Other operating items
-€1,163
Financial income
+€261
Financial charges
-€4,282
Taxes
+€3,537
Result 2025
-€22,122
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€203,464
Investment
-€210,322
Financing
-€6,768
Cash 2024
€14,717
From operations (derived)
+€203,464
Net result for the year
-€22,122
Depreciation
+€298,349
Receivables within one year
+€6,495
Deferred charges and accrued income
-€215
Trade debts
-€106,748
Tax, wage and social debts
+€25,486
Other debts
+€2,219
Investment (derived)
-€210,322
Investment in fixed assets (net)
-€210,322
Financing
-€6,768
Debts after one year
-€42,051
Current portion of long-term debt
+€35,284
Cash 2025
€1,091
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,551,308 | €1,443,375 | -€107,932 | -7.0% |
| Fixed assets | 21/28 | €1,246,360 | €1,158,333 | -€88,027 | -7.1% |
| Tangible fixed assets | 22/27 | €1,244,667 | €1,156,640 | -€88,027 | -7.1% |
| Land and buildings | 22 | €620,695 | €631,720 | +€11,025 | +1.8% |
| Plant, machinery and equipment | 23 | €590,282 | €477,282 | -€113,001 | -19.1% |
| Furniture and vehicles | 24 | €17,767 | €16,071 | -€1,696 | -9.5% |
| Leasing and similar rights | 25 | €13,959 | €30,552 | +€16,594 | +119% |
| Other tangible fixed assets | 26 | €1,964 | €1,015 | -€949 | -48.3% |
| Financial fixed assets | 28 | €1,693 | €1,693 | = | 0.0% |
| Current assets | 29/58 | €304,948 | €285,042 | -€19,906 | -6.5% |
| Amounts receivable within one year | 40/41 | €272,460 | €265,965 | -€6,495 | -2.4% |
| Trade receivables | 40 | €257,997 | €263,681 | +€5,684 | +2.2% |
| Other amounts receivable | 41 | €14,463 | €2,284 | -€12,179 | -84.2% |
| Cash at bank and in hand | 54/58 | €14,717 | €1,091 | -€13,626 | -92.6% |
| Deferred charges and accrued income | 490/1 | €17,771 | €17,986 | +€215 | +1.2% |
| Total equity and liabilities | 10/49 | €1,551,308 | €1,443,375 | -€107,932 | -7.0% |
| Equity | 10/15 | €621,171 | €599,049 | -€22,122 | -3.6% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €501,171 | €501,171 | = | 0.0% |
| Distributable reserves | 133 | €501,171 | €501,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,122 | -€22,122 | |
| Amounts payable | 17/49 | €930,137 | €844,326 | -€85,811 | -9.2% |
| Amounts payable after more than one year | 17 | €360,652 | €318,601 | -€42,051 | -11.7% |
| Financial debts | 170/4 | €360,652 | €318,601 | -€42,051 | -11.7% |
| Amounts payable within one year | 42/48 | €569,485 | €525,726 | -€43,760 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €158,044 | €193,328 | +€35,284 | +22.3% |
| Trade debts | 44 | €359,312 | €252,564 | -€106,748 | -29.7% |
| Suppliers | 440/4 | €359,312 | €252,564 | -€106,748 | -29.7% |
| Taxes, remuneration and social security | 45 | €28,278 | €53,763 | +€25,486 | +90.1% |
| Taxes | 450/3 | €18,903 | €45,612 | +€26,709 | +141% |
| Remuneration and social security | 454/9 | €9,375 | €8,152 | -€1,223 | -13.0% |
| Other amounts payable | 47/48 | €23,851 | €26,070 | +€2,219 | +9.3% |
| Remuneration, social security and pensions | 62 | €7,423 | €27,894 | +€20,471 | +276% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,563 | €298,349 | +€46,786 | +18.6% |
| Other operating charges | 640/8 | €25,298 | €11,616 | -€13,682 | -54.1% |
| Non-recurring operating charges | 66A | - | €1,163 | +€1,163 | |
| Gross operating margin | 9900 | €351,709 | €350,388 | -€1,321 | -0.4% |
| Operating profit (loss) | 9901 | €67,424 | €11,366 | -€56,058 | -83.1% |
| Financial income | 75/76B | €2 | €263 | +€261 | +13,036% |
| Recurring financial income | 75 | €2 | €263 | +€261 | +13,036% |
| Financial charges | 65/66B | €29,468 | €33,750 | +€4,282 | +14.5% |
| Recurring financial charges | 65 | €29,468 | €33,750 | +€4,282 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €37,958 | -€22,122 | -€60,079 | |
| Income taxes | 67/77 | €3,537 | - | -€3,537 | |
| Profit (loss) for the period | 9904 | €34,421 | -€22,122 | -€56,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,421 | -€22,122 | -€56,543 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.