CDABS: 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.
CDABS
Largest movements
- Intangible fixed assets +€18,318
new in 2025: €18,318
- Cash +€12,769
up €12,769 (+18.6%), from €68,584 to €81,353
mainly Net result for the year (+€33,232) and Depreciation (+€28,129)
- Receivables within one year -€5,115
down €5,115 (-31.1%), from €16,440 to €11,325
of which Other amounts receivable: -€3,477
- Tangible fixed assets -€2,658
down €2,658 (-2.4%), from €109,052 to €106,394
of which Furniture and vehicles: -€1,507
- Reserves +€33,232
up €33,232 (+79.7%), from €41,723 to €74,955
- Debts after one year -€21,765
down €21,765 (-29.5%), from €73,813 to €52,048
- Accrued charges and deferred income +€4,909
up €4,909 (+16.4%), from €29,890 to €34,799
- Trade debts +€3,440
up €3,440 (+74.3%), from €4,627 to €8,067
- Gross operating margin -€12,340
down €12,340 (-10.2%), from €120,525 to €108,185
- Taxes -€7,523
down €7,523 (-47.7%), from €15,763 to €8,240
- Depreciation +€4,043
up €4,043 (+16.8%), from €24,086 to €28,129
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 | €195,427 | €218,828 | +€23,400 | +12.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €109,052 | €124,712 | +€15,660 | +14.4% |
| Intangible fixed assets | 21 | - | €18,318 | +€18,318 | |
| Tangible fixed assets | 22/27 | €109,052 | €106,394 | -€2,658 | -2.4% |
| Plant, machinery and equipment | 23 | €94,963 | €94,747 | -€216 | -0.2% |
| Furniture and vehicles | 24 | €4,862 | €3,355 | -€1,507 | -31.0% |
| Other tangible fixed assets | 26 | €9,227 | €8,292 | -€935 | -10.1% |
| Current assets | 29/58 | €86,376 | €94,116 | +€7,741 | +9.0% |
| Amounts receivable within one year | 40/41 | €16,440 | €11,325 | -€5,115 | -31.1% |
| Trade receivables | 40 | €10,203 | €8,565 | -€1,638 | -16.1% |
| Other amounts receivable | 41 | €6,237 | €2,760 | -€3,477 | -55.7% |
| Cash at bank and in hand | 54/58 | €68,584 | €81,353 | +€12,769 | +18.6% |
| Deferred charges and accrued income | 490/1 | €1,352 | €1,438 | +€87 | +6.4% |
| Total equity and liabilities | 10/49 | €195,427 | €218,828 | +€23,400 | +12.0% |
| Equity | 10/15 | €61,723 | €94,955 | +€33,232 | +53.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €41,723 | €74,955 | +€33,232 | +79.7% |
| Distributable reserves | 133 | €41,723 | €74,955 | +€33,232 | +79.7% |
| Amounts payable | 17/49 | €133,705 | €123,873 | -€9,832 | -7.4% |
| Amounts payable after more than one year | 17 | €73,813 | €52,048 | -€21,765 | -29.5% |
| Financial debts | 170/4 | €73,813 | €52,048 | -€21,765 | -29.5% |
| Amounts payable within one year | 42/48 | €30,002 | €37,026 | +€7,024 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €20,967 | €21,765 | +€798 | +3.8% |
| Trade debts | 44 | €4,627 | €8,067 | +€3,440 | +74.3% |
| Suppliers | 440/4 | €4,627 | €8,067 | +€3,440 | +74.3% |
| Taxes, remuneration and social security | 45 | €4,406 | €5,236 | +€830 | +18.8% |
| Taxes | 450/3 | €0 | €215 | +€215 | |
| Remuneration and social security | 454/9 | €4,406 | €5,021 | +€615 | +14.0% |
| Other amounts payable | 47/48 | €2 | €1,958 | +€1,956 | +124616.6% |
| Accrued charges and deferred income | 492/3 | €29,890 | €34,799 | +€4,909 | +16.4% |
| Remuneration, social security and pensions | 62 | €34,492 | €34,231 | -€261 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,086 | €28,129 | +€4,043 | +16.8% |
| Other operating charges | 640/8 | €798 | €606 | -€192 | -24.1% |
| Gross operating margin | 9900 | €120,525 | €108,185 | -€12,340 | -10.2% |
| Operating profit (loss) | 9901 | €61,149 | €45,218 | -€15,930 | -26.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,663 | €3,746 | +€83 | +2.3% |
| Recurring financial charges | 65 | €3,663 | €3,746 | +€83 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €57,486 | €41,472 | -€16,013 | -27.9% |
| Income taxes | 67/77 | €15,763 | €8,240 | -€7,523 | -47.7% |
| Profit (loss) for the period | 9904 | €41,723 | €33,232 | -€8,490 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,723 | €33,232 | -€8,490 | -20.3% |
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 4 October 2026 via checked.be.