CD ENGINEERING: 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 ENGINEERING
Largest movements
- Current investments +€366,320
new in 2025: €366,320
- Cash -€267,526
down €267,526 (-25.9%), from €1.0m to €765,572
mainly Current investments (-€366,320) and Receivables within one year (-€142,301)
- Receivables within one year +€142,301
up €142,301 (+376.6%), from €37,788 to €180,089
of which Trade receivables: +€149,487
- Reserves +€250,245
up €250,245 (+31.0%), from €806,458 to €1.1m
- Trade debts -€39,932
down €39,932 (-30.4%), from €131,414 to €91,482
- Staff costs +€13,057
up €13,057 (+8.7%), from €150,395 to €163,452
- Financial income +€12,537
up €12,537 (+192.8%), from €6,503 to €19,040
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 | €1,161,081 | €1,387,709 | +€226,628 | +19.5% |
| Fixed assets | 21/28 | €58,283 | €53,151 | -€5,132 | -8.8% |
| Tangible fixed assets | 22/27 | €58,103 | €52,971 | -€5,132 | -8.8% |
| Land and buildings | 22 | €55,375 | €51,125 | -€4,250 | -7.7% |
| Plant, machinery and equipment | 23 | €942 | €1,163 | +€221 | +23.5% |
| Furniture and vehicles | 24 | €1,786 | €683 | -€1,103 | -61.8% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €1,102,798 | €1,334,557 | +€231,760 | +21.0% |
| Amounts receivable within one year | 40/41 | €37,788 | €180,089 | +€142,301 | +376.6% |
| Trade receivables | 40 | €22,598 | €172,084 | +€149,487 | +661.5% |
| Other amounts receivable | 41 | €15,190 | €8,004 | -€7,186 | -47.3% |
| Current investments | 50/53 | - | €366,320 | +€366,320 | |
| Cash at bank and in hand | 54/58 | €1,033,098 | €765,572 | -€267,526 | -25.9% |
| Deferred charges and accrued income | 490/1 | €31,912 | €22,576 | -€9,336 | -29.3% |
| Total equity and liabilities | 10/49 | €1,161,081 | €1,387,709 | +€226,628 | +19.5% |
| Equity | 10/15 | €825,578 | €1,075,823 | +€250,245 | +30.3% |
| Contributions | 10/11 | €19,120 | €19,120 | = | 0.0% |
| Reserves | 13 | €806,458 | €1,056,703 | +€250,245 | +31.0% |
| Distributable reserves | 133 | €806,458 | €1,056,703 | +€250,245 | +31.0% |
| Amounts payable | 17/49 | €335,503 | €311,886 | -€23,617 | -7.0% |
| Amounts payable within one year | 42/48 | €291,507 | €255,073 | -€36,434 | -12.5% |
| Trade debts | 44 | €131,414 | €91,482 | -€39,932 | -30.4% |
| Suppliers | 440/4 | €131,414 | €91,482 | -€39,932 | -30.4% |
| Taxes, remuneration and social security | 45 | €154,970 | €163,591 | +€8,621 | +5.6% |
| Taxes | 450/3 | €136,609 | €136,661 | +€52 | 0.0% |
| Remuneration and social security | 454/9 | €18,361 | €26,930 | +€8,569 | +46.7% |
| Other amounts payable | 47/48 | €5,123 | - | -€5,123 | |
| Accrued charges and deferred income | 492/3 | €43,996 | €56,813 | +€12,817 | +29.1% |
| Non-recurring operating income | 76A | €114 | - | -€114 | |
| Remuneration, social security and pensions | 62 | €150,395 | €163,452 | +€13,057 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,565 | €6,418 | -€2,147 | -25.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€212 | - | +€212 | |
| Other operating charges | 640/8 | €271 | €4,854 | +€4,583 | +1692.9% |
| Gross operating margin | 9900 | €527,556 | €527,882 | +€326 | +0.1% |
| Operating profit (loss) | 9901 | €368,537 | €353,159 | -€15,378 | -4.2% |
| Financial income | 75/76B | €6,503 | €19,040 | +€12,537 | +192.8% |
| Recurring financial income | 75 | €6,503 | €19,040 | +€12,537 | +192.8% |
| Financial charges | 65/66B | €729 | €183 | -€546 | -74.9% |
| Recurring financial charges | 65 | €729 | €183 | -€546 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €374,311 | €372,016 | -€2,295 | -0.6% |
| Income taxes | 67/77 | €120,919 | €121,771 | +€853 | +0.7% |
| Profit (loss) for the period | 9904 | €253,392 | €250,245 | -€3,148 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €253,392 | €250,245 | -€3,148 | -1.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.