CDB Management: 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 Management
Largest movements
- Cash +€27,357
up €27,357 (+7882.1%), from €347 to €27,704
mainly Receivables within one year (+€13,822) and Tax, wage and social debts (+€6,158)
- Receivables within one year -€13,822
down €13,822 (-52.2%), from €26,488 to €12,666
of which Other amounts receivable: -€7,783
- Tangible fixed assets -€1,375
down €1,375 (-10.7%), from €12,811 to €11,436
- Deferred charges and accrued income -€648
no longer reported in 2025 (was €648)
- Tax, wage and social debts +€6,158
up €6,158 (+78.0%), from €7,892 to €14,050
- Profit (loss) carried forward +€3,019
up €3,019 (+11.6%), from €25,936 to €28,955
- Trade debts +€2,335
up €2,335 (+368.8%), from €633 to €2,968
- Gross operating margin -€28,415
down €28,415 (-79.9%), from €35,556 to €7,141
- Taxes -€5,676
down €5,676 (-71.9%), from €7,892 to €2,216
- Depreciation +€433
up €433 (+45.9%), from €942 to €1,375
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 | €40,294 | €51,806 | +€11,512 | +28.6% |
| Fixed assets | 21/28 | €12,811 | €11,436 | -€1,375 | -10.7% |
| Tangible fixed assets | 22/27 | €12,811 | €11,436 | -€1,375 | -10.7% |
| Other tangible fixed assets | 26 | €12,811 | €11,436 | -€1,375 | -10.7% |
| Current assets | 29/58 | €27,483 | €40,370 | +€12,887 | +46.9% |
| Amounts receivable within one year | 40/41 | €26,488 | €12,666 | -€13,822 | -52.2% |
| Trade receivables | 40 | €15,114 | €9,075 | -€6,039 | -40.0% |
| Other amounts receivable | 41 | €11,374 | €3,591 | -€7,783 | -68.4% |
| Cash at bank and in hand | 54/58 | €347 | €27,704 | +€27,357 | +7882.1% |
| Deferred charges and accrued income | 490/1 | €648 | - | -€648 | |
| Total equity and liabilities | 10/49 | €40,294 | €51,806 | +€11,512 | +28.6% |
| Equity | 10/15 | €30,936 | €33,955 | +€3,019 | +9.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,936 | €28,955 | +€3,019 | +11.6% |
| Amounts payable | 17/49 | €9,358 | €17,851 | +€8,493 | +90.8% |
| Amounts payable within one year | 42/48 | €9,358 | €17,851 | +€8,493 | +90.8% |
| Trade debts | 44 | €633 | €2,968 | +€2,335 | +368.8% |
| Suppliers | 440/4 | €633 | €2,968 | +€2,335 | +368.8% |
| Taxes, remuneration and social security | 45 | €7,892 | €14,050 | +€6,158 | +78.0% |
| Taxes | 450/3 | €7,892 | €14,050 | +€6,158 | +78.0% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €1,375 | +€433 | +45.9% |
| Other operating charges | 640/8 | €100 | - | -€100 | |
| Gross operating margin | 9900 | €35,556 | €7,141 | -€28,415 | -79.9% |
| Operating profit (loss) | 9901 | €34,514 | €5,766 | -€28,748 | -83.3% |
| Financial income | 75/76B | €317 | €394 | +€77 | +24.4% |
| Recurring financial income | 75 | €317 | €394 | +€77 | +24.4% |
| Financial charges | 65/66B | €169 | €92 | -€77 | -45.6% |
| Recurring financial charges | 65 | €169 | €92 | -€77 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €34,661 | €6,068 | -€28,593 | -82.5% |
| Income taxes | 67/77 | €7,892 | €2,216 | -€5,676 | -71.9% |
| Profit (loss) for the period | 9904 | €26,769 | €3,852 | -€22,917 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,769 | €3,852 | -€22,917 | -85.6% |
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 1 October 2026 via checked.be.