CDLW MEDIC: 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.
CDLW MEDIC
Largest movements
- Receivables within one year +€20,002
up €20,002 (+73.9%), from €27,079 to €47,080
- Deferred charges and accrued income +€6,334
up €6,334 (+29.8%), from €21,246 to €27,581
- Cash -€4,772
down €4,772 (-61.4%), from €7,769 to €2,998
mainly Receivables within one year (-€20,002) and Deferred charges and accrued income (-€6,334)
- Formation expenses -€1,491
down €1,491 (-100.0%), from €1,491 to €0
- Tangible fixed assets +€1,122
new in 2025: €1,122
- Profit (loss) carried forward +€19,267
up €19,267 (+54.1%), from €35,627 to €54,894
- Tax, wage and social debts +€6,161
up €6,161 (+42.7%), from €14,432 to €20,593
of which Taxes: +€6,161
- Accrued charges and deferred income -€2,625
down €2,625 (-100.0%), from €2,625 to €0
- Other debts -€859
down €859 (-100.0%), from €859 to €0
- Gross operating margin -€21,720
down €21,720 (-46.6%), from €46,561 to €24,841
- Taxes -€3,967
down €3,967 (-41.5%), from €9,553 to €5,585
- Financial income +€1,219
up €1,219 (+144.1%), from €846 to €2,066
- Depreciation +€577
up €577 (+49.7%), from €1,160 to €1,737
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 | €57,585 | €78,781 | +€21,196 | +36.8% |
| Formation expenses | 20 | €1,491 | €0 | -€1,491 | -100.0% |
| Fixed assets | 21/28 | - | €1,122 | +€1,122 | |
| Tangible fixed assets | 22/27 | - | €1,122 | +€1,122 | |
| Furniture and vehicles | 24 | - | €1,122 | +€1,122 | |
| Current assets | 29/58 | €56,094 | €77,659 | +€21,564 | +38.4% |
| Amounts receivable within one year | 40/41 | €27,079 | €47,080 | +€20,002 | +73.9% |
| Other amounts receivable | 41 | €27,079 | €47,080 | +€20,002 | +73.9% |
| Cash at bank and in hand | 54/58 | €7,769 | €2,998 | -€4,772 | -61.4% |
| Deferred charges and accrued income | 490/1 | €21,246 | €27,581 | +€6,334 | +29.8% |
| Total equity and liabilities | 10/49 | €57,585 | €78,781 | +€21,196 | +36.8% |
| Equity | 10/15 | €38,627 | €57,894 | +€19,267 | +49.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,627 | €54,894 | +€19,267 | +54.1% |
| Amounts payable | 17/49 | €18,958 | €20,887 | +€1,929 | +10.2% |
| Amounts payable within one year | 42/48 | €16,333 | €20,887 | +€4,554 | +27.9% |
| Trade debts | 44 | €1,042 | €293 | -€748 | -71.8% |
| Suppliers | 440/4 | €1,042 | €293 | -€748 | -71.8% |
| Taxes, remuneration and social security | 45 | €14,432 | €20,593 | +€6,161 | +42.7% |
| Taxes | 450/3 | €11,977 | €18,138 | +€6,161 | +51.4% |
| Remuneration and social security | 454/9 | €2,455 | €2,455 | = | 0.0% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,625 | €0 | -€2,625 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,737 | +€577 | +49.7% |
| Other operating charges | 640/8 | €162 | €103 | -€60 | -36.6% |
| Gross operating margin | 9900 | €46,561 | €24,841 | -€21,720 | -46.6% |
| Operating profit (loss) | 9901 | €45,239 | €23,001 | -€22,237 | -49.2% |
| Financial income | 75/76B | €846 | €2,066 | +€1,219 | +144.1% |
| Recurring financial income | 75 | €846 | €2,066 | +€1,219 | +144.1% |
| Financial charges | 65/66B | €46 | €214 | +€169 | +367.0% |
| Recurring financial charges | 65 | €46 | €214 | +€169 | +367.0% |
| Profit (loss) for the period before taxes | 9903 | €46,039 | €24,853 | -€21,187 | -46.0% |
| Income taxes | 67/77 | €9,553 | €5,585 | -€3,967 | -41.5% |
| Profit (loss) for the period | 9904 | €36,486 | €19,267 | -€17,219 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,486 | €19,267 | -€17,219 | -47.2% |
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.