CCD INVEST: 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.
CCD INVEST
Largest movements
- Tangible fixed assets -€87,758
down €87,758 (-8.5%), from €1.0m to €945,443
of which Land and buildings: -€82,127
- Receivables within one year +€20,700
up €20,700 (+14,020%), from €148 to €20,848
of which Trade receivables: +€20,700
- Debts after one year -€78,005
down €78,005 (-9.0%), from €863,207 to €785,201
- Gross operating margin -€8,291
down €8,291 (-7.0%), from €119,181 to €110,891
- Financial charges -€2,296
down €2,296 (-13.8%), from €16,679 to €14,383
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 | €1,069,286 | €999,880 | -€69,407 | -6.5% |
| Formation expenses | 20 | €152 | €0 | -€152 | -100% |
| Fixed assets | 21/28 | €1,033,201 | €945,443 | -€87,758 | -8.5% |
| Tangible fixed assets | 22/27 | €1,033,201 | €945,443 | -€87,758 | -8.5% |
| Land and buildings | 22 | €994,361 | €912,234 | -€82,127 | -8.3% |
| Plant, machinery and equipment | 23 | €38,840 | €33,209 | -€5,631 | -14.5% |
| Current assets | 29/58 | €35,932 | €54,436 | +€18,504 | +51.5% |
| Amounts receivable within one year | 40/41 | €148 | €20,848 | +€20,700 | +14,020% |
| Trade receivables | 40 | - | €20,700 | +€20,700 | |
| Other amounts receivable | 41 | €148 | €148 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,934 | €25,472 | -€4,461 | -14.9% |
| Deferred charges and accrued income | 490/1 | €5,851 | €8,117 | +€2,266 | +38.7% |
| Total equity and liabilities | 10/49 | €1,069,286 | €999,880 | -€69,407 | -6.5% |
| Equity | 10/15 | €43,677 | €45,737 | +€2,060 | +4.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,037 | €29,037 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,000 | €29,000 | = | 0.0% |
| Other | 1319 | €29,000 | €29,000 | = | 0.0% |
| Distributable reserves | 133 | €37 | €37 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,360 | -€3,300 | +€2,060 | +38.4% |
| Amounts payable | 17/49 | €1,025,609 | €954,143 | -€71,466 | -7.0% |
| Amounts payable after more than one year | 17 | €863,207 | €785,201 | -€78,005 | -9.0% |
| Financial debts | 170/4 | €863,207 | €785,201 | -€78,005 | -9.0% |
| Amounts payable within one year | 42/48 | €162,402 | €162,663 | +€260 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €77,747 | €78,005 | +€258 | +0.3% |
| Trade debts | 44 | €3,985 | €3,337 | -€649 | -16.3% |
| Suppliers | 440/4 | €3,985 | €3,337 | -€649 | -16.3% |
| Taxes, remuneration and social security | 45 | €5,670 | €6,321 | +€651 | +11.5% |
| Taxes | 450/3 | €5,670 | €6,321 | +€651 | +11.5% |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €6,278 | +€6,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,567 | €87,911 | +€344 | +0.4% |
| Other operating charges | 640/8 | €5,577 | €6,537 | +€960 | +17.2% |
| Gross operating margin | 9900 | €119,181 | €110,891 | -€8,291 | -7.0% |
| Operating profit (loss) | 9901 | €26,038 | €16,443 | -€9,595 | -36.8% |
| Financial charges | 65/66B | €16,679 | €14,383 | -€2,296 | -13.8% |
| Recurring financial charges | 65 | €16,679 | €14,383 | -€2,296 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €9,359 | €2,060 | -€7,299 | -78.0% |
| Profit (loss) for the period | 9904 | €9,359 | €2,060 | -€7,299 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,359 | €2,060 | -€7,299 | -78.0% |
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 27 October 2026 via checked.be.