CdC Invest: 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 Invest
Largest movements
- Stocks and contracts +€11,572
up €11,572 (+57.5%), from €20,118 to €31,690
- Cash -€4,520
down €4,520 (-21.1%), from €21,397 to €16,876
mainly Stocks and contracts (-€11,572)
- Receivables within one year -€927
down €927 (-70.1%), from €1,323 to €396
of which Other amounts receivable: -€689
- Reserves +€3,935
up €3,935 (+316%), from €1,247 to €5,181
- Accrued charges and deferred income +€1,156
new in 2025: €1,156
- Other debts +€840
up €840 (+68.9%), from €1,218 to €2,058
- Gross operating margin +€1,829
up €1,829 (+26.2%), from €6,977 to €8,806
- Taxes +€729
up €729 (+69.6%), from €1,048 to €1,778
- Financial charges +€532
up €532 (+196%), from €272 to €804
- Other operating charges +€325
up €325 (+16.6%), from €1,964 to €2,289
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.
Derived cash bridge
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 | €46,837 | €52,962 | +€6,125 | +13.1% |
| Fixed assets | 21/28 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €42,837 | €48,962 | +€6,125 | +14.3% |
| Stocks and contracts in progress | 3 | €20,118 | €31,690 | +€11,572 | +57.5% |
| Stocks | 30/36 | €20,118 | €31,690 | +€11,572 | +57.5% |
| Amounts receivable within one year | 40/41 | €1,323 | €396 | -€927 | -70.1% |
| Trade receivables | 40 | €371 | €133 | -€238 | -64.1% |
| Other amounts receivable | 41 | €952 | €263 | -€689 | -72.4% |
| Cash at bank and in hand | 54/58 | €21,397 | €16,876 | -€4,520 | -21.1% |
| Total equity and liabilities | 10/49 | €46,837 | €52,962 | +€6,125 | +13.1% |
| Equity | 10/15 | €7,647 | €11,581 | +€3,935 | +51.5% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €1,247 | €5,181 | +€3,935 | +316% |
| Distributable reserves | 133 | €1,247 | €5,181 | +€3,935 | +316% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €39,190 | €41,380 | +€2,190 | +5.6% |
| Amounts payable after more than one year | 17 | €27,435 | €27,435 | = | 0.0% |
| Financial debts | 170/4 | €27,435 | €27,435 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,756 | €12,790 | +€1,034 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,334 | €1,464 | +€129 | +9.7% |
| Suppliers | 440/4 | €1,334 | €1,464 | +€129 | +9.7% |
| Taxes, remuneration and social security | 45 | €9,203 | €9,268 | +€65 | +0.7% |
| Taxes | 450/3 | €7,303 | €7,368 | +€65 | +0.9% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €1,218 | €2,058 | +€840 | +68.9% |
| Accrued charges and deferred income | 492/3 | - | €1,156 | +€1,156 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €1,964 | €2,289 | +€325 | +16.6% |
| Gross operating margin | 9900 | €6,977 | €8,806 | +€1,829 | +26.2% |
| Operating profit (loss) | 9901 | €5,012 | €6,516 | +€1,504 | +30.0% |
| Financial income | 75/76B | €76 | €0 | -€76 | -100% |
| Recurring financial income | 75 | €76 | €0 | -€76 | -100% |
| Financial charges | 65/66B | €272 | €804 | +€532 | +196% |
| Recurring financial charges | 65 | €272 | €804 | +€532 | +196% |
| Profit (loss) for the period before taxes | 9903 | €4,817 | €5,713 | +€896 | +18.6% |
| Income taxes | 67/77 | €1,048 | €1,778 | +€729 | +69.6% |
| Profit (loss) for the period | 9904 | €3,769 | €3,935 | +€166 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,769 | €3,935 | +€166 | +4.4% |
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 31 October 2026 via checked.be.