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C.D.Psy.: 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.

What changed

C.D.Psy.

BE 0895.437.484
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€194,614
2024 · €145,704+€48,910
Equity
€659,307
2024 · €761,610-€102,303
Cash
€672,471
2024 · €522,183+€150,288
Balance sheet total
€981,471
2024 · €822,156+€159,315

Largest movements

2024 to 2025
Assets
  • Cash +€150,288

    up €150,288 (+28.8%), from €522,183 to €672,471

    mainly Other debts (+€260,091) and Net result for the year (+€194,614)

  • Receivables within one year +€66,605

    up €66,605 (+272.9%), from €24,403 to €91,008

    of which Other amounts receivable: +€66,725

  • Deferred charges and accrued income -€37,184

    down €37,184 (-84.1%), from €44,229 to €7,045

  • Tangible fixed assets -€20,393

    down €20,393 (-39.7%), from €51,341 to €30,948

    of which Furniture and vehicles: -€18,935

Equity and liabilities
  • Other debts +€260,091

    up €260,091 (+1334.0%), from €19,497 to €279,588

  • Reserves -€102,303

    down €102,303 (-13.5%), from €755,410 to €653,107

    of which Distributable reserves: -€102,303

Income statement
  • Gross operating margin +€76,008

    up €76,008 (+34.2%), from €222,431 to €298,440

  • Taxes +€23,781

    up €23,781 (+36.2%), from €65,663 to €89,443

  • Financial income -€9,689

    down €9,689 (-53.4%), from €18,153 to €8,464

  • Depreciation -€6,336

    down €6,336 (-22.1%), from €28,708 to €22,372

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €145,704
Gross operating margin +€76,008
Depreciation +€6,336
Financial income -€9,689
Financial charges +€36
Taxes -€23,781
Result 2025 €194,614

Cash bridge derived

cash 2024 to 2025

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.

From operations +€455,505
Investment -€1,979
Financing -€303,238
Cash 2024 €522,183
Net result for the year +€194,614
Depreciation +€22,372
Receivables within one year -€66,605
Deferred charges and accrued income +€37,184
Smaller working-capital items -€112
Tax, wage and social debts +€7,961
Other debts +€260,091
Investment in fixed assets (net) -€1,979
Debts after one year -€4,804
Current portion of long-term debt -€1,517
Contributions, distributions and other -€296,917
Cash 2025 €672,471
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €822,156 €981,471 +€159,315 +19.4%
Fixed assets 21/28 €51,341 €30,948 -€20,393 -39.7%
Tangible fixed assets 22/27 €51,341 €30,948 -€20,393 -39.7%
Furniture and vehicles 24 €42,948 €24,013 -€18,935 -44.1%
Other tangible fixed assets 26 €8,393 €6,935 -€1,458 -17.4%
Current assets 29/58 €770,815 €950,523 +€179,708 +23.3%
Amounts receivable after more than one year 29 €180,000 €180,000 = 0.0%
Other amounts receivable 291 €180,000 €180,000 = 0.0%
Amounts receivable within one year 40/41 €24,403 €91,008 +€66,605 +272.9%
Trade receivables 40 €120 - -€120
Other amounts receivable 41 €24,283 €91,008 +€66,725 +274.8%
Cash at bank and in hand 54/58 €522,183 €672,471 +€150,288 +28.8%
Deferred charges and accrued income 490/1 €44,229 €7,045 -€37,184 -84.1%
Total equity and liabilities 10/49 €822,156 €981,471 +€159,315 +19.4%
Equity 10/15 €761,610 €659,307 -€102,303 -13.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €755,410 €653,107 -€102,303 -13.5%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €753,550 €651,247 -€102,303 -13.6%
Amounts payable 17/49 €60,546 €322,164 +€261,619 +432.1%
Amounts payable after more than one year 17 €4,804 - -€4,804
Financial debts 170/4 €4,804 - -€4,804
Amounts payable within one year 42/48 €55,742 €321,983 +€266,241 +477.6%
Current portion of amounts payable after more than one year 42 €6,321 €4,804 -€1,517 -24.0%
Trade debts 44 €1,094 €800 -€294 -26.9%
Suppliers 440/4 €1,094 €800 -€294 -26.9%
Taxes, remuneration and social security 45 €28,830 €36,791 +€7,961 +27.6%
Taxes 450/3 €28,830 €36,791 +€7,961 +27.6%
Other amounts payable 47/48 €19,497 €279,588 +€260,091 +1334.0%
Accrued charges and deferred income 492/3 - €182 +€182
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,708 €22,372 -€6,336 -22.1%
Gross operating margin 9900 €222,431 €298,440 +€76,008 +34.2%
Operating profit (loss) 9901 €193,724 €276,068 +€82,344 +42.5%
Financial income 75/76B €18,153 €8,464 -€9,689 -53.4%
Recurring financial income 75 €18,153 €8,464 -€9,689 -53.4%
Financial charges 65/66B €510 €474 -€36 -7.0%
Recurring financial charges 65 €510 €474 -€36 -7.0%
Profit (loss) for the period before taxes 9903 €211,367 €284,057 +€72,690 +34.4%
Income taxes 67/77 €65,663 €89,443 +€23,781 +36.2%
Profit (loss) for the period 9904 €145,704 €194,614 +€48,910 +33.6%
Profit (loss) for the period to be appropriated 9905 €145,704 €194,614 +€48,910 +33.6%

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 29 September 2026 via checked.be.