CDE SERVICES: 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.
CDE SERVICES
Largest movements
- Cash -€11,059
down €11,059 (-72.2%), from €15,319 to €4,260
mainly Net result for the year (-€10,168) and Trade debts (-€8,658)
- Receivables within one year +€5,079
up €5,079 (+7.4%), from €68,583 to €73,662
of which Trade receivables: +€5,441
- Tangible fixed assets -€1,261
down €1,261 (-35.6%), from €3,543 to €2,282
- Tax, wage and social debts +€12,860
up €12,860 (+88.9%), from €14,464 to €27,324
of which Remuneration and social security: +€9,177
- Profit (loss) carried forward -€10,168
down €10,168, from €9,502 to -€666
- Trade debts -€8,658
down €8,658 (-22.6%), from €38,279 to €29,621
- Other debts +€6,249
up €6,249 (+6,877%), from €91 to €6,340
- Advances received -€4,509
down €4,509 (-100%), from €4,509 to €0
- Gross operating margin +€101,033
up €101,033, from -€22,209 to €78,823
- Staff costs +€60,984
up €60,984 (+235%), from €25,956 to €86,940
- Depreciation +€1,020
up €1,020 (+423%), from €241 to €1,261
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 | €88,005 | €80,778 | -€7,227 | -8.2% |
| Fixed assets | 21/28 | €3,603 | €2,342 | -€1,261 | -35.0% |
| Tangible fixed assets | 22/27 | €3,543 | €2,282 | -€1,261 | -35.6% |
| Furniture and vehicles | 24 | €3,543 | €2,282 | -€1,261 | -35.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €84,402 | €78,436 | -€5,966 | -7.1% |
| Amounts receivable within one year | 40/41 | €68,583 | €73,662 | +€5,079 | +7.4% |
| Trade receivables | 40 | €65,269 | €70,710 | +€5,441 | +8.3% |
| Other amounts receivable | 41 | €3,314 | €2,951 | -€362 | -10.9% |
| Cash at bank and in hand | 54/58 | €15,319 | €4,260 | -€11,059 | -72.2% |
| Deferred charges and accrued income | 490/1 | €500 | €515 | +€15 | +3.0% |
| Total equity and liabilities | 10/49 | €88,005 | €80,778 | -€7,227 | -8.2% |
| Equity | 10/15 | €27,662 | €17,494 | -€10,168 | -36.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €11,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,502 | -€666 | -€10,168 | |
| Amounts payable | 17/49 | €60,343 | €63,284 | +€2,941 | +4.9% |
| Amounts payable within one year | 42/48 | €60,343 | €63,284 | +€2,941 | +4.9% |
| Financial debts | 43 | €3,000 | €0 | -€3,000 | -100% |
| Credit institutions | 430/8 | €3,000 | €0 | -€3,000 | -100% |
| Trade debts | 44 | €38,279 | €29,621 | -€8,658 | -22.6% |
| Suppliers | 440/4 | €38,279 | €29,621 | -€8,658 | -22.6% |
| Advances received on contracts in progress | 46 | €4,509 | €0 | -€4,509 | -100% |
| Taxes, remuneration and social security | 45 | €14,464 | €27,324 | +€12,860 | +88.9% |
| Taxes | 450/3 | €6,780 | €10,462 | +€3,682 | +54.3% |
| Remuneration and social security | 454/9 | €7,685 | €16,862 | +€9,177 | +119% |
| Other amounts payable | 47/48 | €91 | €6,340 | +€6,249 | +6,877% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25,956 | €86,940 | +€60,984 | +235% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €1,261 | +€1,020 | +423% |
| Other operating charges | 640/8 | €387 | €438 | +€51 | +13.1% |
| Gross operating margin | 9900 | -€22,209 | €78,823 | +€101,033 | |
| Operating profit (loss) | 9901 | -€48,795 | -€9,816 | +€38,978 | +79.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €467 | €176 | -€291 | -62.3% |
| Recurring financial charges | 65 | €467 | €176 | -€291 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | -€49,261 | -€9,992 | +€39,269 | +79.7% |
| Income taxes | 67/77 | €49 | €176 | +€127 | +262% |
| Profit (loss) for the period | 9904 | -€49,310 | -€10,168 | +€39,141 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,310 | -€10,168 | +€39,141 | +79.4% |
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 15 October 2026 via checked.be.