C-DENT: 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-DENT
Largest movements
- Current investments +€156,614
up €156,614 (+79.5%), from €196,941 to €353,555
- Cash -€14,470
down €14,470 (-9.6%), from €150,909 to €136,439
mainly Current investments (-€156,614) and Investment in fixed assets (net) (-€1,994)
- Tangible fixed assets -€10,415
down €10,415 (-26.5%), from €39,360 to €28,945
- Reserves +€117,280
up €117,280 (+32.2%), from €364,519 to €481,799
of which Distributable reserves: +€117,280
- Tax, wage and social debts +€9,005
up €9,005 (+32.5%), from €27,746 to €36,751
of which Taxes: +€9,385
- Gross operating margin +€31,983
up €31,983 (+22.2%), from €144,192 to €176,174
- Taxes +€12,782
up €12,782 (+30.7%), from €41,668 to €54,449
- Financial income +€10,036
up €10,036 (+297.7%), from €3,371 to €13,407
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 | €443,639 | €575,673 | +€132,033 | +29.8% |
| Fixed assets | 21/28 | €39,360 | €28,945 | -€10,415 | -26.5% |
| Tangible fixed assets | 22/27 | €39,360 | €28,945 | -€10,415 | -26.5% |
| Furniture and vehicles | 24 | €39,360 | €28,945 | -€10,415 | -26.5% |
| Current assets | 29/58 | €404,279 | €546,728 | +€142,449 | +35.2% |
| Amounts receivable within one year | 40/41 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 41 | €55,000 | €55,000 | = | 0.0% |
| Current investments | 50/53 | €196,941 | €353,555 | +€156,614 | +79.5% |
| Cash at bank and in hand | 54/58 | €150,909 | €136,439 | -€14,470 | -9.6% |
| Deferred charges and accrued income | 490/1 | €1,429 | €1,734 | +€305 | +21.3% |
| Total equity and liabilities | 10/49 | €443,639 | €575,673 | +€132,033 | +29.8% |
| Equity | 10/15 | €376,919 | €494,199 | +€117,280 | +31.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €364,519 | €481,799 | +€117,280 | +32.2% |
| Tax-exempt reserves | 132 | €2,290 | €2,290 | = | 0.0% |
| Distributable reserves | 133 | €362,228 | €479,509 | +€117,280 | +32.4% |
| Amounts payable | 17/49 | €66,721 | €81,474 | +€14,753 | +22.1% |
| Amounts payable within one year | 42/48 | €66,721 | €81,474 | +€14,753 | +22.1% |
| Trade debts | 44 | €1,799 | €1,801 | +€1 | +0.1% |
| Suppliers | 440/4 | €1,799 | €1,801 | +€1 | +0.1% |
| Taxes, remuneration and social security | 45 | €27,746 | €36,751 | +€9,005 | +32.5% |
| Taxes | 450/3 | €27,138 | €36,523 | +€9,385 | +34.6% |
| Remuneration and social security | 454/9 | €608 | €228 | -€380 | -62.5% |
| Other amounts payable | 47/48 | €37,176 | €42,923 | +€5,747 | +15.5% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €2,609 | €2,463 | -€146 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,615 | €12,409 | +€794 | +6.8% |
| Other operating charges | 640/8 | €1,523 | €1,294 | -€229 | -15.0% |
| Gross operating margin | 9900 | €144,192 | €176,174 | +€31,983 | +22.2% |
| Operating profit (loss) | 9901 | €128,445 | €160,008 | +€31,563 | +24.6% |
| Financial income | 75/76B | €3,371 | €13,407 | +€10,036 | +297.7% |
| Recurring financial income | 75 | €3,371 | €13,407 | +€10,036 | +297.7% |
| Financial charges | 65/66B | €2,002 | €1,686 | -€316 | -15.8% |
| Recurring financial charges | 65 | €2,002 | €1,686 | -€316 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €129,815 | €171,729 | +€41,914 | +32.3% |
| Income taxes | 67/77 | €41,668 | €54,449 | +€12,782 | +30.7% |
| Profit (loss) for the period | 9904 | €88,148 | €117,280 | +€29,133 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €88,148 | €117,280 | +€29,133 | +33.1% |
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 6 October 2026 via checked.be.