CDB: 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.
CDB
Largest movements
- Cash +€51,470
up €51,470 (+341.9%), from €15,056 to €66,526
mainly Trade debts (+€59,597) and Other debts (+€17,215)
- Tangible fixed assets +€8,306
up €8,306 (+13.2%), from €62,729 to €71,034
of which Furniture and vehicles: +€7,391
- Receivables within one year +€4,369
up €4,369 (+72.3%), from €6,041 to €10,410
of which Trade receivables: +€2,681
- Trade debts +€59,597
up €59,597 (+4497.8%), from €1,325 to €60,923
- Other debts +€17,215
up €17,215 (+68.3%), from €25,214 to €42,429
- Profit (loss) carried forward -€11,424
down €11,424 (-20.5%), from -€55,625 to -€67,049
- Taxes +€2,631
no longer reported in 2025 (was -€2,631)
- Depreciation -€214
down €214 (-7.1%), from €3,013 to €2,798
- Gross operating margin +€163
up €163 (+40.2%), from €407 to €570
- Other operating charges -€162
down €162 (-5.1%), from €3,190 to €3,028
- Financial charges -€135
down €135 (-2.1%), from €6,328 to €6,192
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 | €83,825 | €148,403 | +€64,578 | +77.0% |
| Fixed assets | 21/28 | €62,729 | €71,034 | +€8,306 | +13.2% |
| Tangible fixed assets | 22/27 | €62,729 | €71,034 | +€8,306 | +13.2% |
| Land and buildings | 22 | €61,898 | €60,329 | -€1,570 | -2.5% |
| Plant, machinery and equipment | 23 | €830 | €3,315 | +€2,485 | +299.3% |
| Furniture and vehicles | 24 | - | €7,391 | +€7,391 | |
| Current assets | 29/58 | €21,097 | €77,369 | +€56,272 | +266.7% |
| Amounts receivable within one year | 40/41 | €6,041 | €10,410 | +€4,369 | +72.3% |
| Trade receivables | 40 | €4,749 | €7,430 | +€2,681 | +56.5% |
| Other amounts receivable | 41 | €1,292 | €2,980 | +€1,688 | +130.7% |
| Cash at bank and in hand | 54/58 | €15,056 | €66,526 | +€51,470 | +341.9% |
| Deferred charges and accrued income | 490/1 | - | €433 | +€433 | |
| Total equity and liabilities | 10/49 | €83,825 | €148,403 | +€64,578 | +77.0% |
| Equity | 10/15 | -€36,400 | -€47,824 | -€11,424 | -31.4% |
| Contributions | 10/11 | €19,225 | €19,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,625 | -€67,049 | -€11,424 | -20.5% |
| Amounts payable | 17/49 | €120,225 | €196,227 | +€76,002 | +63.2% |
| Amounts payable after more than one year | 17 | €92,216 | €91,719 | -€497 | -0.5% |
| Financial debts | 170/4 | €92,216 | €91,719 | -€497 | -0.5% |
| Amounts payable within one year | 42/48 | €28,009 | €104,508 | +€76,499 | +273.1% |
| Trade debts | 44 | €1,325 | €60,923 | +€59,597 | +4497.8% |
| Suppliers | 440/4 | €1,325 | €60,923 | +€59,597 | +4497.8% |
| Taxes, remuneration and social security | 45 | €1,470 | €1,156 | -€314 | -21.4% |
| Taxes | 450/3 | €1,470 | €1,156 | -€314 | -21.4% |
| Other amounts payable | 47/48 | €25,214 | €42,429 | +€17,215 | +68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,013 | €2,798 | -€214 | -7.1% |
| Other operating charges | 640/8 | €3,190 | €3,028 | -€162 | -5.1% |
| Gross operating margin | 9900 | €407 | €570 | +€163 | +40.2% |
| Operating profit (loss) | 9901 | -€5,796 | -€5,256 | +€539 | +9.3% |
| Financial income | 75/76B | €42 | €24 | -€17 | -41.4% |
| Recurring financial income | 75 | €42 | €24 | -€17 | -41.4% |
| Financial charges | 65/66B | €6,328 | €6,192 | -€135 | -2.1% |
| Recurring financial charges | 65 | €6,328 | €6,192 | -€135 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,082 | -€11,424 | +€658 | +5.4% |
| Income taxes | 67/77 | -€2,631 | - | +€2,631 | |
| Profit (loss) for the period | 9904 | -€9,451 | -€11,424 | -€1,974 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,451 | -€11,424 | -€1,974 | -20.9% |
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 29 September 2026 via checked.be.