CD&cie: 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&cie
Largest movements
- Cash +€59,353
up €59,353 (+223.2%), from €26,588 to €85,940
mainly Debts after one year (+€19,360) and Depreciation (+€10,878)
- Tangible fixed assets -€10,878
down €10,878 (-23.7%), from €45,978 to €35,100
- Receivables within one year -€8,956
down €8,956 (-30.9%), from €28,965 to €20,009
of which Trade receivables: -€6,758
- Deferred charges and accrued income -€4,668
down €4,668 (-90.1%), from €5,179 to €511
- Debts after one year +€19,360
up €19,360 (+55.5%), from €34,860 to €54,220
of which Other amounts payable: +€29,669
- Profit (loss) carried forward +€5,887
up €5,887 (+39.8%), from €14,776 to €20,663
- Accrued charges and deferred income +€4,793
new in 2025: €4,793
- Provisions +€2,525
up €2,525 (+6.3%), from €39,802 to €42,327
- Financial charges +€37,716
up €37,716 (+2423.9%), from €1,556 to €39,272
- Provisions -€37,277
down €37,277 (-93.7%), from €39,802 to €2,525
- Gross operating margin -€17,991
down €17,991 (-22.2%), from €80,980 to €62,988
- Taxes -€11,389
down €11,389 (-78.9%), from €14,434 to €3,045
- Depreciation +€1,212
up €1,212 (+12.5%), from €9,666 to €10,878
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 | €106,710 | €141,560 | +€34,850 | +32.7% |
| Fixed assets | 21/28 | €45,978 | €35,100 | -€10,878 | -23.7% |
| Tangible fixed assets | 22/27 | €45,978 | €35,100 | -€10,878 | -23.7% |
| Furniture and vehicles | 24 | €45,978 | €35,100 | -€10,878 | -23.7% |
| Current assets | 29/58 | €60,732 | €106,460 | +€45,728 | +75.3% |
| Amounts receivable within one year | 40/41 | €28,965 | €20,009 | -€8,956 | -30.9% |
| Trade receivables | 40 | €24,745 | €17,988 | -€6,758 | -27.3% |
| Other amounts receivable | 41 | €4,220 | €2,021 | -€2,199 | -52.1% |
| Cash at bank and in hand | 54/58 | €26,588 | €85,940 | +€59,353 | +223.2% |
| Deferred charges and accrued income | 490/1 | €5,179 | €511 | -€4,668 | -90.1% |
| Total equity and liabilities | 10/49 | €106,710 | €141,560 | +€34,850 | +32.7% |
| Equity | 10/15 | €19,776 | €25,663 | +€5,887 | +29.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,776 | €20,663 | +€5,887 | +39.8% |
| Provisions and deferred taxes | 16 | €39,802 | €42,327 | +€2,525 | +6.3% |
| Provisions for liabilities and charges | 160/5 | €39,802 | €42,327 | +€2,525 | +6.3% |
| Other liabilities and charges | 164/5 | €39,802 | €42,327 | +€2,525 | +6.3% |
| Amounts payable | 17/49 | €47,133 | €73,570 | +€26,437 | +56.1% |
| Amounts payable after more than one year | 17 | €34,860 | €54,220 | +€19,360 | +55.5% |
| Financial debts | 170/4 | €34,860 | €24,552 | -€10,308 | -29.6% |
| Other amounts payable | 178/9 | - | €29,669 | +€29,669 | |
| Amounts payable within one year | 42/48 | €12,273 | €14,557 | +€2,284 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €9,918 | €10,308 | +€390 | +3.9% |
| Trade debts | 44 | €46 | - | -€46 | |
| Suppliers | 440/4 | €46 | - | -€46 | |
| Taxes, remuneration and social security | 45 | €2,308 | €3,415 | +€1,107 | +48.0% |
| Taxes | 450/3 | €2,308 | €3,415 | +€1,107 | +48.0% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | - | €4,793 | +€4,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,666 | €10,878 | +€1,212 | +12.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €39,802 | €2,525 | -€37,277 | -93.7% |
| Other operating charges | 640/8 | €746 | €547 | -€199 | -26.6% |
| Gross operating margin | 9900 | €80,980 | €62,988 | -€17,991 | -22.2% |
| Operating profit (loss) | 9901 | €30,766 | €49,038 | +€18,272 | +59.4% |
| Financial charges | 65/66B | €1,556 | €39,272 | +€37,716 | +2423.9% |
| Recurring financial charges | 65 | €1,556 | €39,272 | +€37,716 | +2423.9% |
| Profit (loss) for the period before taxes | 9903 | €29,210 | €9,765 | -€19,444 | -66.6% |
| Income taxes | 67/77 | €14,434 | €3,045 | -€11,389 | -78.9% |
| Profit (loss) for the period | 9904 | €14,776 | €6,720 | -€8,055 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,776 | €6,720 | -€8,055 | -54.5% |
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 4 October 2026 via checked.be.