CDLL: 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.
CDLL
Largest movements
- Cash +€41,723
up €41,723 (+26.0%), from €160,290 to €202,013
mainly Net result for the year (+€68,374) and Other debts (+€28,834)
- Receivables after one year +€20,091
new in 2025: €20,091
- Deferred charges and accrued income -€7,867
down €7,867 (-80.4%), from €9,779 to €1,912
- Tangible fixed assets +€7,809
up €7,809 (+39.4%), from €19,829 to €27,638
of which Plant, machinery and equipment: +€4,668
- Other debts +€28,834
up €28,834 (+233.6%), from €12,341 to €41,175
- Reserves +€27,199
up €27,199 (+17.9%), from €152,365 to €179,564
- Tax, wage and social debts +€9,666
up €9,666 (+37.2%), from €26,003 to €35,670
of which Taxes: +€8,308
- Gross operating margin +€35,463
up €35,463 (+8.0%), from €444,390 to €479,853
- Taxes +€11,540
up €11,540 (+63.4%), from €18,191 to €29,731
- Staff costs -€5,158
down €5,158 (-1.4%), from €374,987 to €369,829
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 | €215,741 | €278,925 | +€63,185 | +29.3% |
| Fixed assets | 21/28 | €19,829 | €27,638 | +€7,809 | +39.4% |
| Tangible fixed assets | 22/27 | €19,829 | €27,638 | +€7,809 | +39.4% |
| Plant, machinery and equipment | 23 | €13,951 | €18,618 | +€4,668 | +33.5% |
| Furniture and vehicles | 24 | €5,879 | €9,020 | +€3,141 | +53.4% |
| Current assets | 29/58 | €195,912 | €251,287 | +€55,376 | +28.3% |
| Amounts receivable after more than one year | 29 | - | €20,091 | +€20,091 | |
| Other amounts receivable | 291 | - | €20,091 | +€20,091 | |
| Stocks and contracts in progress | 3 | €12,344 | €13,975 | +€1,631 | +13.2% |
| Stocks | 30/36 | €12,344 | €13,975 | +€1,631 | +13.2% |
| Amounts receivable within one year | 40/41 | €13,499 | €13,297 | -€203 | -1.5% |
| Trade receivables | 40 | €6,649 | €7,998 | +€1,348 | +20.3% |
| Other amounts receivable | 41 | €6,850 | €5,299 | -€1,551 | -22.6% |
| Cash at bank and in hand | 54/58 | €160,290 | €202,013 | +€41,723 | +26.0% |
| Deferred charges and accrued income | 490/1 | €9,779 | €1,912 | -€7,867 | -80.4% |
| Total equity and liabilities | 10/49 | €215,741 | €278,925 | +€63,185 | +29.3% |
| Equity | 10/15 | €170,965 | €198,164 | +€27,199 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €152,365 | €179,564 | +€27,199 | +17.9% |
| Distributable reserves | 133 | €152,365 | €179,564 | +€27,199 | +17.9% |
| Amounts payable | 17/49 | €44,776 | €80,762 | +€35,986 | +80.4% |
| Amounts payable within one year | 42/48 | €43,585 | €79,561 | +€35,975 | +82.5% |
| Trade debts | 44 | €5,241 | €2,716 | -€2,525 | -48.2% |
| Suppliers | 440/4 | €5,241 | €2,716 | -€2,525 | -48.2% |
| Taxes, remuneration and social security | 45 | €26,003 | €35,670 | +€9,666 | +37.2% |
| Taxes | 450/3 | €645 | €8,953 | +€8,308 | +1287.5% |
| Remuneration and social security | 454/9 | €25,358 | €26,717 | +€1,359 | +5.4% |
| Other amounts payable | 47/48 | €12,341 | €41,175 | +€28,834 | +233.6% |
| Accrued charges and deferred income | 492/3 | €1,191 | €1,201 | +€10 | +0.9% |
| Non-recurring operating income | 76A | €196 | - | -€196 | |
| Remuneration, social security and pensions | 62 | €374,987 | €369,829 | -€5,158 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,737 | €7,999 | +€2,262 | +39.4% |
| Other operating charges | 640/8 | €1,437 | €1,532 | +€95 | +6.6% |
| Non-recurring operating charges | 66A | €127 | - | -€127 | |
| Gross operating margin | 9900 | €444,390 | €479,853 | +€35,463 | +8.0% |
| Operating profit (loss) | 9901 | €62,103 | €100,493 | +€38,390 | +61.8% |
| Financial income | 75/76B | €1,292 | €1,956 | +€663 | +51.3% |
| Recurring financial income | 75 | €1,292 | €1,956 | +€663 | +51.3% |
| Financial charges | 65/66B | €3,691 | €4,344 | +€653 | +17.7% |
| Recurring financial charges | 65 | €3,691 | €4,344 | +€653 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €59,704 | €98,105 | +€38,401 | +64.3% |
| Income taxes | 67/77 | €18,191 | €29,731 | +€11,540 | +63.4% |
| Profit (loss) for the period | 9904 | €41,513 | €68,374 | +€26,860 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,513 | €68,374 | +€26,860 | +64.7% |
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.