CDC EVENTS: what changed
Two financial 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 EVENTS
Largest movements
- Tangible fixed assets -€26,743
down €26,743 (-20.3%), from €131,838 to €105,095
of which Furniture and vehicles: -€18,012
- Receivables within one year -€11,562
no longer reported in 2025 (was €11,562)
of which Other amounts receivable: -€11,562
- Cash -€7,952
down €7,952 (-5.0%), from €157,659 to €149,707
mainly Accrued charges and deferred income (-€39,959) and Tax, wage and social debts (-€9,388)
- Deferred charges and accrued income -€7,287
no longer reported in 2025 (was €7,287)
- Accrued charges and deferred income -€39,959
no longer reported in 2025 (was €39,959)
- Tax, wage and social debts -€9,388
down €9,388 (-91.1%), from €10,305 to €917
- Trade debts -€6,624
down €6,624 (-59.5%), from €11,138 to €4,514
- Gross operating margin +€5,883
up €5,883 (+20.7%), from €28,419 to €34,302
- Other operating charges -€929
down €929 (-20.0%), from €4,647 to €3,718
- Financial income +€768
up €768 (+150.7%), from €510 to €1,278
of which Financial income: +€768
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 | €654,667 | €602,579 | -€52,087 | -8.0% |
| Fixed assets | 21/28 | €131,838 | €105,095 | -€26,743 | -20.3% |
| Tangible fixed assets | 22/27 | €131,838 | €105,095 | -€26,743 | -20.3% |
| Land and buildings | 22 | €104,297 | €95,566 | -€8,731 | -8.4% |
| Furniture and vehicles | 24 | €27,541 | €9,529 | -€18,012 | -65.4% |
| Current assets | 29/58 | €522,829 | €497,484 | -€25,345 | -4.8% |
| Amounts receivable within one year | 40/41 | €11,562 | - | -€11,562 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €11,562 | - | -€11,562 | |
| Current investments | 50/53 | €346,322 | €347,778 | +€1,456 | +0.4% |
| Cash at bank and in hand | 54/58 | €157,659 | €149,707 | -€7,952 | -5.0% |
| Deferred charges and accrued income | 490/1 | €7,287 | - | -€7,287 | |
| Total equity and liabilities | 10/49 | €654,667 | €602,579 | -€52,087 | -8.0% |
| Equity | 10/15 | €529,859 | €531,891 | +€2,032 | +0.4% |
| Contributions | 10/11 | €8,260 | €8,260 | = | 0.0% |
| Reserves | 13 | €18,781 | €18,781 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €8,781 | €8,781 | = | 0.0% |
| Profit (loss) carried forward | 14 | €502,818 | €504,851 | +€2,032 | +0.4% |
| Amounts payable | 17/49 | €124,808 | €70,688 | -€54,119 | -43.4% |
| Amounts payable after more than one year | 17 | €2,565 | €2,565 | = | 0.0% |
| Other amounts payable | 178/9 | €2,565 | €2,565 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,284 | €68,123 | -€14,160 | -17.2% |
| Trade debts | 44 | €11,138 | €4,514 | -€6,624 | -59.5% |
| Suppliers | 440/4 | €11,138 | €4,514 | -€6,624 | -59.5% |
| Advances received on contracts in progress | 46 | €26,801 | €26,801 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,305 | €917 | -€9,388 | -91.1% |
| Taxes | 450/3 | €10,305 | €917 | -€9,388 | -91.1% |
| Other amounts payable | 47/48 | €34,039 | €35,890 | +€1,851 | +5.4% |
| Accrued charges and deferred income | 492/3 | €39,959 | - | -€39,959 | |
| Non-recurring operating income | 76A | €3,212 | - | -€3,212 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,488 | €27,775 | +€287 | +1.0% |
| Other operating charges | 640/8 | €4,647 | €3,718 | -€929 | -20.0% |
| Non-recurring operating charges | 66A | - | €1,239 | +€1,239 | |
| Gross operating margin | 9900 | €28,419 | €34,302 | +€5,883 | +20.7% |
| Operating profit (loss) | 9901 | -€3,716 | €1,570 | +€5,286 | |
| Financial income | 75/76B | €510 | €1,278 | +€768 | +150.7% |
| Recurring financial income | 75 | €510 | €1,278 | +€768 | +150.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €126 | €279 | +€154 | +122.1% |
| Recurring financial charges | 65 | €126 | €279 | +€154 | +122.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€3,332 | €2,569 | +€5,901 | |
| Income taxes | 67/77 | €208 | €537 | +€329 | +158.1% |
| Profit (loss) for the period | 9904 | -€3,540 | €2,032 | +€5,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,540 | €2,032 | +€5,572 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.