CDB EVENT: 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 EVENT
Largest movements
- Receivables within one year +€23,312
up €23,312 (+1019.7%), from €2,286 to €25,599
of which Trade receivables: +€19,716
- Cash -€7,603
down €7,603 (-37.0%), from €20,553 to €12,950
mainly Receivables within one year (-€23,312) and Trade debts (-€11,023)
- Stocks and contracts +€2,993
up €2,993 (+204.4%), from €1,465 to €4,458
- Deferred charges and accrued income +€2,983
up €2,983 (+390.4%), from €764 to €3,747
- Tangible fixed assets -€595
down €595 (-16.1%), from €3,704 to €3,109
- Tax, wage and social debts +€30,904
up €30,904 (+74.3%), from €41,605 to €72,508
of which Remuneration and social security: +€15,484
- Trade debts -€11,023
down €11,023 (-19.4%), from €56,921 to €45,898
- Other debts +€9,568
up €9,568 (+9.0%), from €106,781 to €116,349
- Profit (loss) carried forward -€5,724
down €5,724 (-2.9%), from -€198,068 to -€203,792
- Accrued charges and deferred income -€2,634
no longer reported in 2024 (was €2,634)
- Gross operating margin +€24,218
up €24,218 (+26.7%), from €90,574 to €114,792
- Other operating charges +€8,819
up €8,819 (+1059.7%), from €832 to €9,651
- Staff costs +€2,103
up €2,103 (+2.1%), from €97,908 to €100,011
- Taxes -€1,599
new in 2024: -€1,599
- Depreciation +€1,350
up €1,350 (+510.8%), from €264 to €1,615
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,772 | €49,863 | +€21,091 | +73.3% |
| Fixed assets | 21/28 | €3,704 | €3,109 | -€595 | -16.1% |
| Tangible fixed assets | 22/27 | €3,704 | €3,109 | -€595 | -16.1% |
| Plant, machinery and equipment | 23 | €3,704 | €3,109 | -€595 | -16.1% |
| Current assets | 29/58 | €25,068 | €46,754 | +€21,686 | +86.5% |
| Stocks and contracts in progress | 3 | €1,465 | €4,458 | +€2,993 | +204.4% |
| Stocks | 30/36 | €1,465 | €4,458 | +€2,993 | +204.4% |
| Amounts receivable within one year | 40/41 | €2,286 | €25,599 | +€23,312 | +1019.7% |
| Trade receivables | 40 | - | €19,716 | +€19,716 | |
| Other amounts receivable | 41 | €2,286 | €5,883 | +€3,596 | +157.3% |
| Cash at bank and in hand | 54/58 | €20,553 | €12,950 | -€7,603 | -37.0% |
| Deferred charges and accrued income | 490/1 | €764 | €3,747 | +€2,983 | +390.4% |
| Total equity and liabilities | 10/49 | €28,772 | €49,863 | +€21,091 | +73.3% |
| Equity | 10/15 | -€179,468 | -€185,192 | -€5,724 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,068 | -€203,792 | -€5,724 | -2.9% |
| Amounts payable | 17/49 | €208,240 | €235,055 | +€26,815 | +12.9% |
| Amounts payable within one year | 42/48 | €205,606 | €235,055 | +€29,449 | +14.3% |
| Trade debts | 44 | €56,921 | €45,898 | -€11,023 | -19.4% |
| Suppliers | 440/4 | €56,921 | €45,898 | -€11,023 | -19.4% |
| Advances received on contracts in progress | 46 | €300 | €300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €41,605 | €72,508 | +€30,904 | +74.3% |
| Taxes | 450/3 | €16,435 | €31,854 | +€15,420 | +93.8% |
| Remuneration and social security | 454/9 | €25,170 | €40,654 | +€15,484 | +61.5% |
| Other amounts payable | 47/48 | €106,781 | €116,349 | +€9,568 | +9.0% |
| Accrued charges and deferred income | 492/3 | €2,634 | - | -€2,634 | |
| Remuneration, social security and pensions | 62 | €97,908 | €100,011 | +€2,103 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | €1,615 | +€1,350 | +510.8% |
| Other operating charges | 640/8 | €832 | €9,651 | +€8,819 | +1059.7% |
| Non-recurring operating charges | 66A | - | €8,776 | +€8,776 | |
| Gross operating margin | 9900 | €90,574 | €114,792 | +€24,218 | +26.7% |
| Operating profit (loss) | 9901 | -€8,431 | -€5,261 | +€3,170 | +37.6% |
| Financial income | 75/76B | €36 | €16 | -€19 | -53.8% |
| Recurring financial income | 75 | €36 | €16 | -€19 | -53.8% |
| Financial charges | 65/66B | €1,552 | €2,079 | +€527 | +34.0% |
| Recurring financial charges | 65 | €1,552 | €2,079 | +€527 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,948 | -€7,323 | +€2,624 | +26.4% |
| Income taxes | 67/77 | - | -€1,599 | -€1,599 | |
| Profit (loss) for the period | 9904 | -€9,948 | -€5,724 | +€4,223 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,948 | -€5,724 | +€4,223 | +42.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.