CDA Services: 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.
CDA Services
Largest movements
- Current investments +€179,600
new in 2025: €179,600
- Receivables within one year -€19,489
down €19,489 (-36.4%), from €53,546 to €34,057
of which Other amounts receivable: -€17,287
- Tangible fixed assets -€17,047
down €17,047 (-3.9%), from €432,402 to €415,355
of which Land and buildings: -€13,162
- Cash -€11,728
down €11,728 (-7.1%), from €165,326 to €153,597
mainly Current investments (-€179,600) and Advances received (-€7,200)
- Reserves +€179,600
up €179,600 (+9,656%), from €1,860 to €181,460
- Profit (loss) carried forward -€36,905
down €36,905 (-6.5%), from €567,424 to €530,519
- Taxes -€53,425
no longer reported in 2025 (was €53,425)
- Gross operating margin +€25,297
up €25,297 (+18.4%), from €137,752 to €163,049
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 | €651,273 | €782,609 | +€131,336 | +20.2% |
| Fixed assets | 21/28 | €432,402 | €415,355 | -€17,047 | -3.9% |
| Tangible fixed assets | 22/27 | €432,402 | €415,355 | -€17,047 | -3.9% |
| Land and buildings | 22 | €418,762 | €405,600 | -€13,162 | -3.1% |
| Plant, machinery and equipment | 23 | €8,069 | €6,551 | -€1,518 | -18.8% |
| Furniture and vehicles | 24 | €5,571 | €3,203 | -€2,367 | -42.5% |
| Current assets | 29/58 | €218,871 | €367,254 | +€148,383 | +67.8% |
| Amounts receivable within one year | 40/41 | €53,546 | €34,057 | -€19,489 | -36.4% |
| Trade receivables | 40 | €21,721 | €19,519 | -€2,202 | -10.1% |
| Other amounts receivable | 41 | €31,825 | €14,538 | -€17,287 | -54.3% |
| Current investments | 50/53 | - | €179,600 | +€179,600 | |
| Cash at bank and in hand | 54/58 | €165,326 | €153,597 | -€11,728 | -7.1% |
| Total equity and liabilities | 10/49 | €651,273 | €782,609 | +€131,336 | +20.2% |
| Equity | 10/15 | €587,884 | €730,579 | +€142,695 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €181,460 | +€179,600 | +9,656% |
| Non-distributable reserves | 130/1 | €1,860 | €181,460 | +€179,600 | +9,656% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | - | €179,600 | +€179,600 | |
| Profit (loss) carried forward | 14 | €567,424 | €530,519 | -€36,905 | -6.5% |
| Amounts payable | 17/49 | €63,389 | €52,030 | -€11,359 | -17.9% |
| Amounts payable after more than one year | 17 | €26,762 | €19,594 | -€7,169 | -26.8% |
| Financial debts | 170/4 | €26,762 | €19,594 | -€7,169 | -26.8% |
| Amounts payable within one year | 42/48 | €36,626 | €32,436 | -€4,191 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €7,073 | €7,169 | +€95 | +1.3% |
| Trade debts | 44 | €2,876 | €6,002 | +€3,126 | +109% |
| Suppliers | 440/4 | €2,876 | €6,002 | +€3,126 | +109% |
| Advances received on contracts in progress | 46 | €14,399 | €7,200 | -€7,200 | -50.0% |
| Taxes, remuneration and social security | 45 | €12,278 | €12,066 | -€213 | -1.7% |
| Taxes | 450/3 | €12,278 | €12,066 | -€213 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,594 | €17,047 | -€1,547 | -8.3% |
| Other operating charges | 640/8 | €3,728 | €3,643 | -€85 | -2.3% |
| Gross operating margin | 9900 | €137,752 | €163,049 | +€25,297 | +18.4% |
| Operating profit (loss) | 9901 | €115,430 | €142,360 | +€26,930 | +23.3% |
| Financial income | 75/76B | €637 | €909 | +€272 | +42.7% |
| Recurring financial income | 75 | €637 | €909 | +€272 | +42.7% |
| Financial charges | 65/66B | €658 | €574 | -€84 | -12.8% |
| Recurring financial charges | 65 | €658 | €574 | -€84 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €115,409 | €142,695 | +€27,286 | +23.6% |
| Income taxes | 67/77 | €53,425 | - | -€53,425 | |
| Profit (loss) for the period | 9904 | €61,983 | €142,695 | +€80,712 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €61,983 | €142,695 | +€80,712 | +130% |
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 20 October 2026 via checked.be.