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CD Sane: 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.

What changed

CD Sane

BE 0748.630.954
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,422
2024 · €33,770-€3,348
Equity
€24,932
2024 · €24,509+€422
Cash
€39,104
2024 · €54,649-€15,545
Balance sheet total
€61,447
2024 · €85,792-€24,345

Largest movements

2024 to 2025
Assets
  • Cash -€15,545

    down €15,545 (-28.4%), from €54,649 to €39,104

    mainly Contributions, distributions and other (-€30,000) and Other debts (-€11,545)

  • Tangible fixed assets -€11,890

    down €11,890 (-43.6%), from €27,295 to €15,405

  • Deferred charges and accrued income +€2,960

    up €2,960 (+102.7%), from €2,882 to €5,842

Equity and liabilities
  • Other debts -€11,545

    down €11,545 (-31.2%), from €37,053 to €25,508

  • Current portion of long-term debt -€7,762

    down €7,762 (-66.3%), from €11,701 to €3,939

  • Debts after one year -€3,939

    no longer reported in 2025 (was €3,939)

  • Tax, wage and social debts -€1,500

    down €1,500 (-21.4%), from €7,018 to €5,518

Income statement
  • Gross operating margin -€4,318

    down €4,318 (-7.7%), from €56,089 to €51,771

  • Taxes -€630

    down €630 (-7.0%), from €9,034 to €8,404

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €33,770
Gross operating margin -€4,318
Depreciation +€231
Other operating charges -€23
Financial income -€54
Financial charges +€186
Taxes +€630
Result 2025 €30,422

Cash bridge derived

cash 2024 to 2025

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.

From operations +€26,156
Investment €0
Financing -€41,701
Cash 2024 €54,649
Net result for the year +€30,422
Depreciation +€11,890
Receivables within one year -€129
Deferred charges and accrued income -€2,960
Trade debts -€22
Tax, wage and social debts -€1,500
Other debts -€11,545
Debts after one year -€3,939
Current portion of long-term debt -€7,762
Contributions, distributions and other -€30,000
Cash 2025 €39,104
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €85,792 €61,447 -€24,345 -28.4%
Fixed assets 21/28 €27,295 €15,405 -€11,890 -43.6%
Tangible fixed assets 22/27 €27,295 €15,405 -€11,890 -43.6%
Furniture and vehicles 24 €27,295 €15,405 -€11,890 -43.6%
Current assets 29/58 €58,497 €46,042 -€12,455 -21.3%
Amounts receivable within one year 40/41 €966 €1,096 +€129 +13.4%
Trade receivables 40 €966 - -€966
Other amounts receivable 41 - €1,096 +€1,096
Cash at bank and in hand 54/58 €54,649 €39,104 -€15,545 -28.4%
Deferred charges and accrued income 490/1 €2,882 €5,842 +€2,960 +102.7%
Total equity and liabilities 10/49 €85,792 €61,447 -€24,345 -28.4%
Equity 10/15 €24,509 €24,932 +€422 +1.7%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €14,509 €14,932 +€422 +2.9%
Amounts payable 17/49 €61,283 €36,516 -€24,768 -40.4%
Amounts payable after more than one year 17 €3,939 - -€3,939
Financial debts 170/4 €3,939 - -€3,939
Amounts payable within one year 42/48 €57,344 €36,516 -€20,829 -36.3%
Current portion of amounts payable after more than one year 42 €11,701 €3,939 -€7,762 -66.3%
Trade debts 44 €1,573 €1,551 -€22 -1.4%
Suppliers 440/4 €1,573 €1,551 -€22 -1.4%
Taxes, remuneration and social security 45 €7,018 €5,518 -€1,500 -21.4%
Taxes 450/3 €7,018 €5,518 -€1,500 -21.4%
Other amounts payable 47/48 €37,053 €25,508 -€11,545 -31.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,121 €11,890 -€231 -1.9%
Other operating charges 640/8 €669 €692 +€23 +3.5%
Gross operating margin 9900 €56,089 €51,771 -€4,318 -7.7%
Operating profit (loss) 9901 €43,299 €39,188 -€4,111 -9.5%
Financial income 75/76B €54 - -€54
Recurring financial income 75 €54 - -€54
Financial charges 65/66B €548 €362 -€186 -34.0%
Recurring financial charges 65 €548 €362 -€186 -34.0%
Profit (loss) for the period before taxes 9903 €42,804 €38,826 -€3,978 -9.3%
Income taxes 67/77 €9,034 €8,404 -€630 -7.0%
Profit (loss) for the period 9904 €33,770 €30,422 -€3,348 -9.9%
Profit (loss) for the period to be appropriated 9905 €33,770 €30,422 -€3,348 -9.9%

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 30 September 2026 via checked.be.