CDB Equation: 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 Equation
Largest movements
- Cash +€283
up €283 (+832.4%), from €34 to €317
mainly Other debts (+€4,048) and Receivables within one year (+€5)
- Other debts +€4,048
up €4,048 (+1340.4%), from €302 to €4,350
- Profit (loss) carried forward -€2,137
down €2,137 (-79.9%), from -€2,675 to -€4,812
- Trade debts -€1,633
down €1,633 (-91.6%), from €1,782 to €149
- Other operating charges -€119
down €119 (-22.9%), from €519 to €400
- Gross operating margin +€34
up €34 (+2.0%), from -€1,668 to -€1,634
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 | €409 | €687 | +€278 | +68.0% |
| Current assets | 29/58 | €409 | €687 | +€278 | +68.0% |
| Amounts receivable within one year | 40/41 | €375 | €370 | -€5 | -1.3% |
| Other amounts receivable | 41 | €375 | €370 | -€5 | -1.3% |
| Cash at bank and in hand | 54/58 | €34 | €317 | +€283 | +832.4% |
| Total equity and liabilities | 10/49 | €409 | €687 | +€278 | +68.0% |
| Equity | 10/15 | -€1,675 | -€3,812 | -€2,137 | -127.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,675 | -€4,812 | -€2,137 | -79.9% |
| Amounts payable | 17/49 | €2,084 | €4,499 | +€2,415 | +115.9% |
| Amounts payable within one year | 42/48 | €2,084 | €4,499 | +€2,415 | +115.9% |
| Trade debts | 44 | €1,782 | €149 | -€1,633 | -91.6% |
| Suppliers | 440/4 | €1,782 | €149 | -€1,633 | -91.6% |
| Other amounts payable | 47/48 | €302 | €4,350 | +€4,048 | +1340.4% |
| Other operating charges | 640/8 | €519 | €400 | -€119 | -22.9% |
| Gross operating margin | 9900 | -€1,668 | -€1,634 | +€34 | +2.0% |
| Operating profit (loss) | 9901 | -€2,187 | -€2,034 | +€153 | +7.0% |
| Financial charges | 65/66B | €104 | €106 | +€2 | +1.9% |
| Recurring financial charges | 65 | €104 | €106 | +€2 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,291 | -€2,140 | +€151 | +6.6% |
| Profit (loss) for the period | 9904 | -€2,291 | -€2,140 | +€151 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,291 | -€2,140 | +€151 | +6.6% |
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.