CDB: 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.
CDB
Largest movements
- Tangible fixed assets -€1,008
down €1,008 (-43.8%), from €2,299 to €1,291
of which Plant, machinery and equipment: -€910
- Receivables within one year +€717
up €717 (+73.1%), from €981 to €1,698
- Profit (loss) carried forward -€4,807
down €4,807 (-1.3%), from -€372,344 to -€377,150
- Trade debts +€4,230
up €4,230 (+228%), from €1,853 to €6,083
- Other debts +€272
up €272 (+0.1%), from €361,523 to €361,795
- Gross operating margin -€41
down €41 (-1.2%), from -€3,460 to -€3,501
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 | €3,433 | €3,139 | -€294 | -8.6% |
| Fixed assets | 21/28 | €2,449 | €1,441 | -€1,008 | -41.2% |
| Tangible fixed assets | 22/27 | €2,299 | €1,291 | -€1,008 | -43.8% |
| Plant, machinery and equipment | 23 | €1,658 | €748 | -€910 | -54.9% |
| Furniture and vehicles | 24 | €641 | €543 | -€98 | -15.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €984 | €1,698 | +€713 | +72.5% |
| Amounts receivable within one year | 40/41 | €981 | €1,698 | +€717 | +73.1% |
| Other amounts receivable | 41 | €981 | €1,698 | +€717 | +73.1% |
| Cash at bank and in hand | 54/58 | €4 | €0 | -€4 | -100% |
| Total equity and liabilities | 10/49 | €3,433 | €3,139 | -€294 | -8.6% |
| Equity | 10/15 | -€359,944 | -€364,750 | -€4,807 | -1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€372,344 | -€377,150 | -€4,807 | -1.3% |
| Amounts payable | 17/49 | €363,377 | €367,889 | +€4,512 | +1.2% |
| Amounts payable within one year | 42/48 | €363,377 | €367,889 | +€4,512 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | - | €11 | +€11 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,853 | €6,083 | +€4,230 | +228% |
| Suppliers | 440/4 | €1,853 | €6,083 | +€4,230 | +228% |
| Other amounts payable | 47/48 | €361,523 | €361,795 | +€272 | +0.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,008 | €1,008 | = | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€3,460 | -€3,501 | -€41 | -1.2% |
| Operating profit (loss) | 9901 | -€4,468 | -€4,509 | -€41 | -0.9% |
| Financial charges | 65/66B | €320 | €298 | -€22 | -7.0% |
| Recurring financial charges | 65 | €320 | €298 | -€22 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,787 | -€4,807 | -€19 | -0.4% |
| Profit (loss) for the period | 9904 | -€4,787 | -€4,807 | -€19 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,787 | -€4,807 | -€19 | -0.4% |
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 22 October 2026 via checked.be.