CD Avocat: 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.
CD Avocat
Largest movements
- Cash +€81,416
up €81,416 (+62.6%), from €129,958 to €211,373
mainly Net result for the year (+€113,340) and Depreciation (+€12,968)
- Receivables within one year +€58,486
up €58,486 (+114.5%), from €51,060 to €109,545
of which Trade receivables: +€39,432
- Tangible fixed assets -€11,542
down €11,542 (-22.2%), from €51,931 to €40,389
- Deferred charges and accrued income -€4,327
down €4,327 (-74.4%), from €5,820 to €1,493
- Profit (loss) carried forward +€113,340
up €113,340 (+124.4%), from €91,104 to €204,444
- Tax, wage and social debts +€10,345
up €10,345 (+28.0%), from €37,012 to €47,357
of which Taxes: +€10,345
- Trade debts +€8,963
up €8,963 (+79.0%), from €11,344 to €20,307
- Debts after one year -€8,899
down €8,899 (-29.4%), from €30,239 to €21,340
- Gross operating margin +€33,879
up €33,879 (+26.8%), from €126,538 to €160,417
- Taxes +€8,769
up €8,769 (+37.3%), from €23,529 to €32,298
- Depreciation +€3,456
up €3,456 (+36.3%), from €9,512 to €12,968
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 | €238,769 | €362,825 | +€124,056 | +52.0% |
| Fixed assets | 21/28 | €51,931 | €40,414 | -€11,518 | -22.2% |
| Tangible fixed assets | 22/27 | €51,931 | €40,389 | -€11,542 | -22.2% |
| Furniture and vehicles | 24 | €51,931 | €40,389 | -€11,542 | -22.2% |
| Financial fixed assets | 28 | - | €25 | +€25 | |
| Current assets | 29/58 | €186,837 | €322,411 | +€135,574 | +72.6% |
| Amounts receivable within one year | 40/41 | €51,060 | €109,545 | +€58,486 | +114.5% |
| Trade receivables | 40 | €51,060 | €90,492 | +€39,432 | +77.2% |
| Other amounts receivable | 41 | - | €19,053 | +€19,053 | |
| Cash at bank and in hand | 54/58 | €129,958 | €211,373 | +€81,416 | +62.6% |
| Deferred charges and accrued income | 490/1 | €5,820 | €1,493 | -€4,327 | -74.4% |
| Total equity and liabilities | 10/49 | €238,769 | €362,825 | +€124,056 | +52.0% |
| Equity | 10/15 | €150,404 | €263,744 | +€113,340 | +75.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €58,300 | €58,300 | = | 0.0% |
| Distributable reserves | 133 | €58,300 | €58,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,104 | €204,444 | +€113,340 | +124.4% |
| Amounts payable | 17/49 | €88,365 | €99,081 | +€10,716 | +12.1% |
| Amounts payable after more than one year | 17 | €30,239 | €21,340 | -€8,899 | -29.4% |
| Financial debts | 170/4 | €30,239 | €21,340 | -€8,899 | -29.4% |
| Amounts payable within one year | 42/48 | €58,114 | €77,741 | +€19,627 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €8,558 | €8,899 | +€341 | +4.0% |
| Trade debts | 44 | €11,344 | €20,307 | +€8,963 | +79.0% |
| Suppliers | 440/4 | €11,344 | €20,307 | +€8,963 | +79.0% |
| Taxes, remuneration and social security | 45 | €37,012 | €47,357 | +€10,345 | +28.0% |
| Taxes | 450/3 | €34,512 | €44,857 | +€10,345 | +30.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,200 | €1,178 | -€23 | -1.9% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,512 | €12,968 | +€3,456 | +36.3% |
| Other operating charges | 640/8 | €797 | €550 | -€247 | -31.0% |
| Gross operating margin | 9900 | €126,538 | €160,417 | +€33,879 | +26.8% |
| Operating profit (loss) | 9901 | €116,230 | €146,900 | +€30,670 | +26.4% |
| Financial income | 75/76B | - | €466 | +€466 | |
| Recurring financial income | 75 | - | €466 | +€466 | |
| Financial charges | 65/66B | €1,718 | €1,728 | +€10 | +0.6% |
| Recurring financial charges | 65 | €1,718 | €1,728 | +€10 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €114,511 | €145,637 | +€31,126 | +27.2% |
| Income taxes | 67/77 | €23,529 | €32,298 | +€8,769 | +37.3% |
| Profit (loss) for the period | 9904 | €90,983 | €113,340 | +€22,357 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,983 | €113,340 | +€22,357 | +24.6% |
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 1 October 2026 via checked.be.