CDBF: 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.
CDBF
Largest movements
- Cash +€107,841
up €107,841 (+720.5%), from €14,968 to €122,809
mainly Net result for the year (+€162,644) and Other debts (+€113,500)
- Deferred charges and accrued income +€13,968
up €13,968 (+24.3%), from €57,523 to €71,491
- Tangible fixed assets -€3,896
down €3,896 (-54.8%), from €7,113 to €3,217
of which Furniture and vehicles: -€2,957
- Other debts +€113,500
up €113,500 (+75.3%), from €150,788 to €264,288
- Trade debts +€3,617
up €3,617 (+533.2%), from €678 to €4,296
- Gross operating margin +€8,656
up €8,656 (+6.7%), from €128,774 to €137,430
- Financial income +€7,943
up €7,943 (+13.9%), from €57,057 to €65,000
- Taxes +€3,457
up €3,457 (+11.1%), from €31,228 to €34,685
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 | €179,604 | €297,517 | +€117,913 | +65.7% |
| Fixed assets | 21/28 | €107,113 | €103,217 | -€3,896 | -3.6% |
| Tangible fixed assets | 22/27 | €7,113 | €3,217 | -€3,896 | -54.8% |
| Plant, machinery and equipment | 23 | €1,720 | €781 | -€939 | -54.6% |
| Furniture and vehicles | 24 | €5,393 | €2,436 | -€2,957 | -54.8% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €72,491 | €194,300 | +€121,809 | +168.0% |
| Cash at bank and in hand | 54/58 | €14,968 | €122,809 | +€107,841 | +720.5% |
| Deferred charges and accrued income | 490/1 | €57,523 | €71,491 | +€13,968 | +24.3% |
| Total equity and liabilities | 10/49 | €179,604 | €297,517 | +€117,913 | +65.7% |
| Equity | 10/15 | €20,478 | €23,122 | +€2,644 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,878 | €4,522 | +€2,644 | +140.8% |
| Distributable reserves | 133 | €1,878 | €4,522 | +€2,644 | +140.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €159,126 | €274,395 | +€115,269 | +72.4% |
| Amounts payable within one year | 42/48 | €159,126 | €274,368 | +€115,242 | +72.4% |
| Trade debts | 44 | €678 | €4,296 | +€3,617 | +533.2% |
| Suppliers | 440/4 | €678 | €4,296 | +€3,617 | +533.2% |
| Taxes, remuneration and social security | 45 | €7,660 | €5,785 | -€1,875 | -24.5% |
| Taxes | 450/3 | €5,460 | €3,585 | -€1,875 | -34.3% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €150,788 | €264,288 | +€113,500 | +75.3% |
| Accrued charges and deferred income | 492/3 | - | €27 | +€27 | |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,194 | €3,896 | -€1,299 | -25.0% |
| Other operating charges | 640/8 | €908 | €964 | +€55 | +6.1% |
| Gross operating margin | 9900 | €128,774 | €137,430 | +€8,656 | +6.7% |
| Operating profit (loss) | 9901 | €122,672 | €132,571 | +€9,899 | +8.1% |
| Financial income | 75/76B | €57,057 | €65,000 | +€7,943 | +13.9% |
| Recurring financial income | 75 | €57,057 | €65,000 | +€7,943 | +13.9% |
| Financial charges | 65/66B | €178 | €243 | +€65 | +36.4% |
| Recurring financial charges | 65 | €178 | €243 | +€65 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €179,551 | €197,328 | +€17,778 | +9.9% |
| Income taxes | 67/77 | €31,228 | €34,685 | +€3,457 | +11.1% |
| Profit (loss) for the period | 9904 | €148,323 | €162,644 | +€14,321 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,323 | €162,644 | +€14,321 | +9.7% |
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 7 October 2026 via checked.be.