CDC CONSULTANCY: 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.
CDC CONSULTANCY
Largest movements
- Cash -€229,700
down €229,700 (-64.9%), from €354,037 to €124,337
mainly Contributions, distributions and other (-€465,062) and Receivables after one year (-€150,000)
- Current investments -€150,504
down €150,504 (-72.8%), from €206,799 to €56,295
- Receivables after one year +€150,000
new in 2025: €150,000
- Receivables within one year +€103,571
up €103,571 (+438.9%), from €23,600 to €127,171
of which Trade receivables: +€93,845
- Reserves -€275,557
down €275,557 (-46.5%), from €593,106 to €317,549
- Other debts +€123,384
up €123,384 (+14465.5%), from €853 to €124,237
- Tax, wage and social debts +€24,593
up €24,593 (+246.2%), from €9,989 to €34,583
- Gross operating margin +€116,913
up €116,913 (+92.8%), from €125,987 to €242,899
- Taxes +€32,067
up €32,067 (+124.0%), from €25,866 to €57,933
- Financial income +€8,884
up €8,884 (+959.7%), from €926 to €9,810
- Depreciation -€2,947
down €2,947 (-42.0%), from €7,024 to €4,077
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 | €611,811 | €481,790 | -€130,021 | -21.3% |
| Fixed assets | 21/28 | €24,399 | €20,322 | -€4,077 | -16.7% |
| Tangible fixed assets | 22/27 | €24,399 | €20,322 | -€4,077 | -16.7% |
| Plant, machinery and equipment | 23 | €23,478 | €20,322 | -€3,156 | -13.4% |
| Furniture and vehicles | 24 | €920 | - | -€920 | |
| Current assets | 29/58 | €587,412 | €461,468 | -€125,944 | -21.4% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €23,600 | €127,171 | +€103,571 | +438.9% |
| Trade receivables | 40 | €19,229 | €113,075 | +€93,845 | +488.0% |
| Other amounts receivable | 41 | €4,370 | €14,096 | +€9,726 | +222.5% |
| Current investments | 50/53 | €206,799 | €56,295 | -€150,504 | -72.8% |
| Cash at bank and in hand | 54/58 | €354,037 | €124,337 | -€229,700 | -64.9% |
| Deferred charges and accrued income | 490/1 | €2,976 | €3,664 | +€688 | +23.1% |
| Total equity and liabilities | 10/49 | €611,811 | €481,790 | -€130,021 | -21.3% |
| Equity | 10/15 | €593,606 | €318,049 | -€275,557 | -46.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €593,106 | €317,549 | -€275,557 | -46.5% |
| Distributable reserves | 133 | €593,106 | €317,549 | -€275,557 | -46.5% |
| Amounts payable | 17/49 | €18,205 | €163,741 | +€145,536 | +799.4% |
| Amounts payable within one year | 42/48 | €18,205 | €163,741 | +€145,536 | +799.4% |
| Trade debts | 44 | €7,363 | €4,922 | -€2,441 | -33.2% |
| Suppliers | 440/4 | €7,363 | €4,922 | -€2,441 | -33.2% |
| Taxes, remuneration and social security | 45 | €9,989 | €34,583 | +€24,593 | +246.2% |
| Taxes | 450/3 | €9,989 | €34,583 | +€24,593 | +246.2% |
| Other amounts payable | 47/48 | €853 | €124,237 | +€123,384 | +14465.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,024 | €4,077 | -€2,947 | -42.0% |
| Other operating charges | 640/8 | €1,113 | €1,139 | +€26 | +2.4% |
| Gross operating margin | 9900 | €125,987 | €242,899 | +€116,913 | +92.8% |
| Operating profit (loss) | 9901 | €117,850 | €237,684 | +€119,833 | +101.7% |
| Financial income | 75/76B | €926 | €9,810 | +€8,884 | +959.7% |
| Recurring financial income | 75 | €926 | €9,810 | +€8,884 | +959.7% |
| Financial charges | 65/66B | €55 | €55 | -€0 | 0.0% |
| Recurring financial charges | 65 | €55 | €55 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €118,721 | €247,438 | +€128,717 | +108.4% |
| Income taxes | 67/77 | €25,866 | €57,933 | +€32,067 | +124.0% |
| Profit (loss) for the period | 9904 | €92,855 | €189,505 | +€96,650 | +104.1% |
| Profit (loss) for the period to be appropriated | 9905 | €92,855 | €189,505 | +€96,650 | +104.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.