CDDEV: 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.
CDDEV
Largest movements
- Receivables within one year -€31,851
down €31,851 (-20.5%), from €155,566 to €123,715
- Tangible fixed assets -€21,729
down €21,729 (-9.7%), from €222,893 to €201,164
of which Furniture and vehicles: -€12,583
- Debts after one year -€56,587
down €56,587 (-54.4%), from €104,104 to €47,517
- Reserves +€19,785
up €19,785 (+10.3%), from €191,514 to €211,299
- Tax, wage and social debts -€12,125
down €12,125 (-14.5%), from €83,876 to €71,751
of which Taxes: -€11,582
- Current portion of long-term debt +€5,613
up €5,613 (+209.7%), from €2,677 to €8,290
- Trade debts -€5,518
down €5,518 (-26.0%), from €21,222 to €15,704
- Staff costs -€13,666
down €13,666 (-6.6%), from €207,407 to €193,741
- Gross operating margin +€7,534
up €7,534 (+3.2%), from €238,179 to €245,713
- Taxes +€4,496
up €4,496 (+175.2%), from €2,566 to €7,062
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 | €413,837 | €365,300 | -€48,537 | -11.7% |
| Fixed assets | 21/28 | €222,893 | €201,164 | -€21,729 | -9.7% |
| Tangible fixed assets | 22/27 | €222,893 | €201,164 | -€21,729 | -9.7% |
| Land and buildings | 22 | €102,768 | €97,366 | -€5,402 | -5.3% |
| Furniture and vehicles | 24 | €44,950 | €32,367 | -€12,583 | -28.0% |
| Other tangible fixed assets | 26 | €75,175 | €71,431 | -€3,744 | -5.0% |
| Current assets | 29/58 | €190,944 | €164,136 | -€26,808 | -14.0% |
| Amounts receivable within one year | 40/41 | €155,566 | €123,715 | -€31,851 | -20.5% |
| Trade receivables | 40 | €155,566 | €123,715 | -€31,851 | -20.5% |
| Cash at bank and in hand | 54/58 | €29,648 | €32,802 | +€3,154 | +10.6% |
| Deferred charges and accrued income | 490/1 | €5,730 | €7,619 | +€1,889 | +33.0% |
| Total equity and liabilities | 10/49 | €413,837 | €365,300 | -€48,537 | -11.7% |
| Equity | 10/15 | €201,959 | €222,038 | +€20,080 | +9.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €191,514 | €211,299 | +€19,785 | +10.3% |
| Distributable reserves | 133 | €191,514 | €211,299 | +€19,785 | +10.3% |
| Profit (loss) carried forward | 14 | €445 | €739 | +€295 | +66.3% |
| Amounts payable | 17/49 | €211,879 | €143,262 | -€68,617 | -32.4% |
| Amounts payable after more than one year | 17 | €104,104 | €47,517 | -€56,587 | -54.4% |
| Financial debts | 170/4 | €104,104 | €47,517 | -€56,587 | -54.4% |
| Amounts payable within one year | 42/48 | €107,775 | €95,745 | -€12,030 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €2,677 | €8,290 | +€5,613 | +209.7% |
| Trade debts | 44 | €21,222 | €15,704 | -€5,518 | -26.0% |
| Suppliers | 440/4 | €21,222 | €15,704 | -€5,518 | -26.0% |
| Taxes, remuneration and social security | 45 | €83,876 | €71,751 | -€12,125 | -14.5% |
| Taxes | 450/3 | €44,972 | €33,390 | -€11,582 | -25.8% |
| Remuneration and social security | 454/9 | €38,904 | €38,362 | -€542 | -1.4% |
| Remuneration, social security and pensions | 62 | €207,407 | €193,741 | -€13,666 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,658 | €23,768 | +€2,110 | +9.7% |
| Other operating charges | 640/8 | €4,335 | €3,310 | -€1,025 | -23.6% |
| Gross operating margin | 9900 | €238,179 | €245,713 | +€7,534 | +3.2% |
| Operating profit (loss) | 9901 | €4,779 | €24,895 | +€20,116 | +420.9% |
| Financial income | 75/76B | €93 | - | -€93 | |
| Recurring financial income | 75 | €93 | - | -€93 | |
| Financial charges | 65/66B | €2,180 | €2,207 | +€27 | +1.2% |
| Recurring financial charges | 65 | €2,180 | €2,207 | +€27 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €2,691 | €22,687 | +€19,996 | +743.0% |
| Income taxes | 67/77 | €2,566 | €7,062 | +€4,496 | +175.2% |
| Profit (loss) for the period | 9904 | €125 | €15,625 | +€15,500 | +12378.9% |
| Profit (loss) for the period to be appropriated | 9905 | €125 | €15,625 | +€15,500 | +12378.9% |
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 10 October 2026 via checked.be.