CDBC: 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.
CDBC
Largest movements
- Receivables within one year +€12,658
up €12,658 (+17.6%), from €71,761 to €84,419
of which Trade receivables: +€10,117
- Cash -€9,203
down €9,203 (-56.9%), from €16,173 to €6,970
mainly Advances received (-€16,528) and Receivables within one year (-€12,658)
- Tangible fixed assets -€1,391
down €1,391 (-58.6%), from €2,372 to €981
- Trade debts +€21,550
up €21,550 (+96.4%), from €22,360 to €43,910
- Advances received -€16,528
down €16,528 (-87.6%), from €18,878 to €2,350
- Tax, wage and social debts -€6,418
down €6,418 (-48.7%), from €13,172 to €6,754
of which Taxes: -€5,188
- Profit (loss) carried forward +€3,640
up €3,640 (+21.5%), from -€16,905 to -€13,265
- Staff costs +€7,866
up €7,866 (+5.1%), from €152,892 to €160,758
- Gross operating margin -€7,734
down €7,734 (-4.4%), from €175,899 to €168,165
- Financial charges -€7,688
down €7,688 (-78.2%), from €9,833 to €2,144
- Taxes -€2,704
down €2,704 (-67.1%), from €4,029 to €1,325
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 | €90,406 | €92,649 | +€2,244 | +2.5% |
| Fixed assets | 21/28 | €2,472 | €1,081 | -€1,391 | -56.3% |
| Tangible fixed assets | 22/27 | €2,372 | €981 | -€1,391 | -58.6% |
| Plant, machinery and equipment | 23 | €2,372 | €981 | -€1,391 | -58.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €87,934 | €91,569 | +€3,635 | +4.1% |
| Amounts receivable within one year | 40/41 | €71,761 | €84,419 | +€12,658 | +17.6% |
| Trade receivables | 40 | €18,370 | €28,487 | +€10,117 | +55.1% |
| Other amounts receivable | 41 | €53,391 | €55,932 | +€2,541 | +4.8% |
| Cash at bank and in hand | 54/58 | €16,173 | €6,970 | -€9,203 | -56.9% |
| Deferred charges and accrued income | 490/1 | - | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €90,406 | €92,649 | +€2,244 | +2.5% |
| Equity | 10/15 | €35,996 | €39,636 | +€3,640 | +10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,309 | €34,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €32,450 | €32,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,905 | -€13,265 | +€3,640 | +21.5% |
| Amounts payable | 17/49 | €54,410 | €53,014 | -€1,396 | -2.6% |
| Amounts payable within one year | 42/48 | €54,410 | €53,014 | -€1,396 | -2.6% |
| Trade debts | 44 | €22,360 | €43,910 | +€21,550 | +96.4% |
| Suppliers | 440/4 | €22,360 | €43,910 | +€21,550 | +96.4% |
| Advances received on contracts in progress | 46 | €18,878 | €2,350 | -€16,528 | -87.6% |
| Taxes, remuneration and social security | 45 | €13,172 | €6,754 | -€6,418 | -48.7% |
| Taxes | 450/3 | €6,513 | €1,325 | -€5,188 | -79.7% |
| Remuneration and social security | 454/9 | €6,659 | €5,429 | -€1,230 | -18.5% |
| Remuneration, social security and pensions | 62 | €152,892 | €160,758 | +€7,866 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,214 | €1,391 | +€177 | +14.6% |
| Other operating charges | 640/8 | €935 | - | -€935 | |
| Gross operating margin | 9900 | €175,899 | €168,165 | -€7,734 | -4.4% |
| Operating profit (loss) | 9901 | €20,859 | €6,016 | -€14,843 | -71.2% |
| Financial income | 75/76B | €2,771 | €1,093 | -€1,679 | -60.6% |
| Recurring financial income | 75 | €2,771 | €1,093 | -€1,679 | -60.6% |
| Financial charges | 65/66B | €9,833 | €2,144 | -€7,688 | -78.2% |
| Recurring financial charges | 65 | €9,833 | €2,144 | -€7,688 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €13,798 | €4,965 | -€8,833 | -64.0% |
| Income taxes | 67/77 | €4,029 | €1,325 | -€2,704 | -67.1% |
| Profit (loss) for the period | 9904 | €9,769 | €3,640 | -€6,129 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,769 | €3,640 | -€6,129 | -62.7% |
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 4 October 2026 via checked.be.