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CDB & PARTNER: 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.

What changed

CDB & PARTNER

BE 0454.888.923
NACE 78.200, Temporary employment agencies and other provision of personnel
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,274
2024 · €989+€2,285
Equity
-€74,641
2024 · -€77,915+€3,274
Cash
€2,641
2024 · €158+€2,483
Balance sheet total
€5,464
2024 · €12,190-€6,725

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€8,793

    down €8,793 (-92.0%), from €9,555 to €762

  • Cash +€2,483

    up €2,483 (+1575.8%), from €158 to €2,641

    mainly Receivables within one year (+€8,793) and Net result for the year (+€3,274)

  • Deferred charges and accrued income -€416

    down €416 (-16.8%), from €2,477 to €2,061

Equity and liabilities
  • Debts after one year -€5,500

    down €5,500 (-9.4%), from €58,600 to €53,100

  • Profit (loss) carried forward +€3,274

    up €3,274 (+2.0%), from -€160,914 to -€157,640

  • Other debts -€2,450

    down €2,450 (-8.5%), from €28,879 to €26,429

  • Trade debts -€1,117

    down €1,117 (-96.1%), from €1,162 to €45

  • Tax, wage and social debts -€932

    down €932 (-63.7%), from €1,463 to €531

Income statement
  • Gross operating margin +€1,796

    up €1,796 (+57.7%), from €3,114 to €4,910

  • Financial charges -€488

    down €488 (-31.3%), from €1,560 to €1,072

  • Other operating charges -€78

    down €78 (-54.9%), from €142 to €64

  • Taxes +€76

    up €76 (+18.0%), from €424 to €500

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €989
Gross operating margin +€1,796
Other operating charges +€78
Financial charges +€488
Taxes -€76
Result 2025 €3,274

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,983
Investment €0
Financing -€5,500
Cash 2024 €158
Net result for the year +€3,274
Receivables within one year +€8,793
Deferred charges and accrued income +€416
Trade debts -€1,117
Tax, wage and social debts -€932
Other debts -€2,450
Debts after one year -€5,500
Cash 2025 €2,641
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €12,190 €5,464 -€6,725 -55.2%
Current assets 29/58 €12,190 €5,464 -€6,725 -55.2%
Amounts receivable within one year 40/41 €9,555 €762 -€8,793 -92.0%
Trade receivables 40 €9,555 €762 -€8,793 -92.0%
Cash at bank and in hand 54/58 €158 €2,641 +€2,483 +1575.8%
Deferred charges and accrued income 490/1 €2,477 €2,061 -€416 -16.8%
Total equity and liabilities 10/49 €12,190 €5,464 -€6,725 -55.2%
Equity 10/15 -€77,915 -€74,641 +€3,274 +4.2%
Contributions 10/11 €62,289 €62,289 = 0.0%
Reserves 13 €20,710 €20,710 = 0.0%
Distributable reserves 133 €20,710 €20,710 = 0.0%
Profit (loss) carried forward 14 -€160,914 -€157,640 +€3,274 +2.0%
Amounts payable 17/49 €90,105 €80,105 -€9,999 -11.1%
Amounts payable after more than one year 17 €58,600 €53,100 -€5,500 -9.4%
Financial debts 170/4 €58,600 €53,100 -€5,500 -9.4%
Amounts payable within one year 42/48 €31,505 €27,005 -€4,499 -14.3%
Trade debts 44 €1,162 €45 -€1,117 -96.1%
Suppliers 440/4 €1,162 €45 -€1,117 -96.1%
Taxes, remuneration and social security 45 €1,463 €531 -€932 -63.7%
Taxes 450/3 €1,463 €531 -€932 -63.7%
Other amounts payable 47/48 €28,879 €26,429 -€2,450 -8.5%
Other operating charges 640/8 €142 €64 -€78 -54.9%
Gross operating margin 9900 €3,114 €4,910 +€1,796 +57.7%
Operating profit (loss) 9901 €2,973 €4,846 +€1,874 +63.0%
Financial charges 65/66B €1,560 €1,072 -€488 -31.3%
Recurring financial charges 65 €1,560 €1,072 -€488 -31.3%
Profit (loss) for the period before taxes 9903 €1,412 €3,774 +€2,362 +167.2%
Income taxes 67/77 €424 €500 +€76 +18.0%
Profit (loss) for the period 9904 €989 €3,274 +€2,285 +231.2%
Profit (loss) for the period to be appropriated 9905 €989 €3,274 +€2,285 +231.2%

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 30 September 2026 via checked.be.