CD CONSEILS: 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 CONSEILS
Largest movements
- Financial fixed assets +€78,160
up €78,160 (+86.2%), from €90,660 to €168,820
- Cash +€12,198
up €12,198 (+56.7%), from €21,496 to €33,694
mainly Debts after one year (+€68,211) and Current portion of long-term debt (+€10,483)
- Receivables within one year +€2,821
up €2,821 (+164.6%), from €1,714 to €4,534
of which Trade receivables: +€1,776
- Debts after one year +€68,211
up €68,211 (+87.3%), from €78,160 to €146,371
- Current portion of long-term debt +€10,483
new in 2025: €10,483
- Profit (loss) carried forward +€5,669
up €5,669 (+36.2%), from €15,640 to €21,310
- Other debts +€4,746
up €4,746 (+69.0%), from €6,876 to €11,621
- Tax, wage and social debts +€3,466
up €3,466 (+112.1%), from €3,093 to €6,559
- Financial charges +€20,619
up €20,619 (+21139.0%), from €98 to €20,717
- Gross operating margin +€6,882
up €6,882 (+29.3%), from €23,473 to €30,354
- Taxes -€2,697
down €2,697 (-53.0%), from €5,093 to €2,395
- Other operating charges +€1,186
up €1,186 (+306.1%), from €387 to €1,573
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 | €113,870 | €207,048 | +€93,178 | +81.8% |
| Fixed assets | 21/28 | €90,660 | €168,820 | +€78,160 | +86.2% |
| Financial fixed assets | 28 | €90,660 | €168,820 | +€78,160 | +86.2% |
| Current assets | 29/58 | €23,210 | €38,228 | +€15,018 | +64.7% |
| Amounts receivable within one year | 40/41 | €1,714 | €4,534 | +€2,821 | +164.6% |
| Trade receivables | 40 | €153 | €1,930 | +€1,776 | +1159.1% |
| Other amounts receivable | 41 | €1,560 | €2,605 | +€1,044 | +66.9% |
| Cash at bank and in hand | 54/58 | €21,496 | €33,694 | +€12,198 | +56.7% |
| Total equity and liabilities | 10/49 | €113,870 | €207,048 | +€93,178 | +81.8% |
| Equity | 10/15 | €25,640 | €31,310 | +€5,669 | +22.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,640 | €21,310 | +€5,669 | +36.2% |
| Amounts payable | 17/49 | €88,230 | €175,739 | +€87,509 | +99.2% |
| Amounts payable after more than one year | 17 | €78,160 | €146,371 | +€68,211 | +87.3% |
| Financial debts | 170/4 | €78,160 | €146,371 | +€68,211 | +87.3% |
| Amounts payable within one year | 42/48 | €10,070 | €28,723 | +€18,653 | +185.2% |
| Current portion of amounts payable after more than one year | 42 | - | €10,483 | +€10,483 | |
| Trade debts | 44 | €101 | €60 | -€41 | -40.8% |
| Suppliers | 440/4 | €101 | €60 | -€41 | -40.8% |
| Taxes, remuneration and social security | 45 | €3,093 | €6,559 | +€3,466 | +112.1% |
| Taxes | 450/3 | €3,093 | €6,559 | +€3,466 | +112.1% |
| Other amounts payable | 47/48 | €6,876 | €11,621 | +€4,746 | +69.0% |
| Accrued charges and deferred income | 492/3 | - | €645 | +€645 | |
| Other operating charges | 640/8 | €387 | €1,573 | +€1,186 | +306.1% |
| Gross operating margin | 9900 | €23,473 | €30,354 | +€6,882 | +29.3% |
| Operating profit (loss) | 9901 | €23,085 | €28,781 | +€5,696 | +24.7% |
| Financial charges | 65/66B | €98 | €20,717 | +€20,619 | +21139.0% |
| Recurring financial charges | 65 | €98 | €20,717 | +€20,619 | +21139.0% |
| Profit (loss) for the period before taxes | 9903 | €22,988 | €8,065 | -€14,923 | -64.9% |
| Income taxes | 67/77 | €5,093 | €2,395 | -€2,697 | -53.0% |
| Profit (loss) for the period | 9904 | €17,895 | €5,669 | -€12,226 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,895 | €5,669 | -€12,226 | -68.3% |
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.