CD FERRONNERIE: 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.
CD FERRONNERIE
Largest movements
- Receivables within one year -€31,041
down €31,041 (-62.0%), from €50,091 to €19,050
of which Trade receivables: -€28,780
- Tangible fixed assets -€18,445
down €18,445 (-47.1%), from €39,120 to €20,675
of which Furniture and vehicles: -€14,581
- Cash +€17,095
up €17,095 (+32.3%), from €52,934 to €70,029
mainly Receivables within one year (+€31,041) and Depreciation (+€15,159)
- Trade debts -€17,921
down €17,921 (-55.7%), from €32,158 to €14,237
- Profit (loss) carried forward -€5,745
down €5,745 (-9.9%), from €58,126 to €52,381
- Tax, wage and social debts -€5,325
down €5,325 (-71.7%), from €7,427 to €2,102
of which Taxes: -€5,724
- Debts after one year -€4,684
down €4,684 (-13.4%), from €35,009 to €30,325
- Gross operating margin -€18,620
down €18,620 (-38.7%), from €48,101 to €29,480
- Depreciation +€7,816
up €7,816 (+106%), from €7,344 to €15,159
- Taxes -€5,868
down €5,868 (-96.1%), from €6,106 to €239
- Other operating charges +€3,825
up €3,825 (+356%), from €1,073 to €4,899
- Staff costs +€3,410
up €3,410 (+40.1%), from €8,507 to €11,917
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 | €148,321 | €114,189 | -€34,132 | -23.0% |
| Formation expenses | 20 | €2,023 | €1,444 | -€579 | -28.6% |
| Fixed assets | 21/28 | €39,120 | €20,675 | -€18,445 | -47.1% |
| Tangible fixed assets | 22/27 | €39,120 | €20,675 | -€18,445 | -47.1% |
| Plant, machinery and equipment | 23 | €3,864 | €0 | -€3,864 | -100% |
| Furniture and vehicles | 24 | €35,256 | €20,675 | -€14,581 | -41.4% |
| Current assets | 29/58 | €107,178 | €92,070 | -€15,108 | -14.1% |
| Stocks and contracts in progress | 3 | €1,389 | €0 | -€1,389 | -100% |
| Stocks | 30/36 | €1,389 | €0 | -€1,389 | -100% |
| Amounts receivable within one year | 40/41 | €50,091 | €19,050 | -€31,041 | -62.0% |
| Trade receivables | 40 | €45,341 | €16,561 | -€28,780 | -63.5% |
| Other amounts receivable | 41 | €4,750 | €2,489 | -€2,261 | -47.6% |
| Cash at bank and in hand | 54/58 | €52,934 | €70,029 | +€17,095 | +32.3% |
| Deferred charges and accrued income | 490/1 | €2,763 | €2,990 | +€227 | +8.2% |
| Total equity and liabilities | 10/49 | €148,321 | €114,189 | -€34,132 | -23.0% |
| Equity | 10/15 | €63,126 | €57,381 | -€5,745 | -9.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,126 | €52,381 | -€5,745 | -9.9% |
| Amounts payable | 17/49 | €85,195 | €56,809 | -€28,387 | -33.3% |
| Amounts payable after more than one year | 17 | €35,009 | €30,325 | -€4,684 | -13.4% |
| Financial debts | 170/4 | €35,009 | €30,325 | -€4,684 | -13.4% |
| Amounts payable within one year | 42/48 | €48,538 | €25,061 | -€23,477 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €4,419 | €4,684 | +€265 | +6.0% |
| Trade debts | 44 | €32,158 | €14,237 | -€17,921 | -55.7% |
| Suppliers | 440/4 | €32,158 | €14,237 | -€17,921 | -55.7% |
| Taxes, remuneration and social security | 45 | €7,427 | €2,102 | -€5,325 | -71.7% |
| Taxes | 450/3 | €6,106 | €382 | -€5,724 | -93.7% |
| Remuneration and social security | 454/9 | €1,321 | €1,720 | +€399 | +30.2% |
| Other amounts payable | 47/48 | €4,534 | €4,038 | -€496 | -10.9% |
| Accrued charges and deferred income | 492/3 | €1,648 | €1,422 | -€226 | -13.7% |
| Non-recurring operating income | 76A | €3,417 | €0 | -€3,417 | -100% |
| Remuneration, social security and pensions | 62 | €8,507 | €11,917 | +€3,410 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,344 | €15,159 | +€7,816 | +106% |
| Other operating charges | 640/8 | €1,073 | €4,899 | +€3,825 | +356% |
| Gross operating margin | 9900 | €48,101 | €29,480 | -€18,620 | -38.7% |
| Operating profit (loss) | 9901 | €31,177 | -€2,495 | -€33,671 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,163% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,163% |
| Financial charges | 65/66B | €1,835 | €3,013 | +€1,178 | +64.2% |
| Recurring financial charges | 65 | €1,835 | €3,013 | +€1,178 | +64.2% |
| Profit (loss) for the period before taxes | 9903 | €29,342 | -€5,507 | -€34,849 | |
| Income taxes | 67/77 | €6,106 | €239 | -€5,868 | -96.1% |
| Profit (loss) for the period | 9904 | €23,236 | -€5,745 | -€28,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,236 | -€5,745 | -€28,981 |
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 17 October 2026 via checked.be.