CDM: 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.
What changed
CDM
NACE 10.111, Manufacture of food products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,082
2024 · €50,069-€14,987
Equity
€2.9m
2024 · €2.9m+€35,082
Cash
€289,838
2024 · €263,890+€25,949
Balance sheet total
€3.1m
2024 · €3.2m-€55,297
Largest movements
Assets
- Receivables within one year -€95,546
down €95,546 (-3.5%), from €2.8m to €2.7m
of which Trade receivables: -€85,350
Equity and liabilities
- Trade debts -€87,633
down €87,633 (-36.4%), from €241,045 to €153,412
- Profit (loss) carried forward +€35,082
up €35,082 (+14.9%), from -€234,794 to -€199,712
Income statement
- Turnover -€970,548
down €970,548 (-37.5%), from €2.6m to €1.6m
- Goods and materials -€907,578
down €907,578 (-36.9%), from €2.5m to €1.6m
of which Purchases: -€875,402
- Financial income +€58,591
up €58,591 (+840.0%), from €6,975 to €65,566
- Financial charges +€45,052
up €45,052 (+2443.3%), from €1,844 to €46,895
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.
Result 2024
€50,069
Turnover
-€970,548
Other operating income
-€13,353
Goods and materials
+€907,578
Services and other goods
+€23,520
Depreciation
+€11,575
Other operating charges
+€11,260
Financial income
+€58,591
Financial charges
-€45,052
Taxes
+€1,441
Result 2025
€35,082
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.
From operations
+€25,949
Investment
€0
Financing
€0
Cash 2024
€263,890
From operations (derived)
+€25,949
Net result for the year
+€35,082
Depreciation
+€4,264
Stocks and contracts
-€21,232
Receivables within one year
+€95,546
Deferred charges and accrued income
+€2,667
Trade debts
-€87,633
Tax, wage and social debts
-€2,746
Cash 2025
€289,838
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,154,300 | €3,099,003 | -€55,297 | -1.8% |
| Fixed assets | 21/28 | €119,541 | €115,278 | -€4,264 | -3.6% |
| Tangible fixed assets | 22/27 | €119,541 | €115,278 | -€4,264 | -3.6% |
| Land and buildings | 22 | €111,167 | €108,609 | -€2,559 | -2.3% |
| Plant, machinery and equipment | 23 | €8,374 | €6,669 | -€1,705 | -20.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €3,034,759 | €2,983,726 | -€51,033 | -1.7% |
| Stocks and contracts in progress | 3 | €10,944 | €32,176 | +€21,232 | +194.0% |
| Stocks | 30/36 | €10,944 | €32,176 | +€21,232 | +194.0% |
| Goods purchased for resale | 34 | €10,944 | €32,176 | +€21,232 | +194.0% |
| Amounts receivable within one year | 40/41 | €2,755,574 | €2,660,028 | -€95,546 | -3.5% |
| Trade receivables | 40 | €180,205 | €94,855 | -€85,350 | -47.4% |
| Other amounts receivable | 41 | €2,575,369 | €2,565,173 | -€10,196 | -0.4% |
| Cash at bank and in hand | 54/58 | €263,890 | €289,838 | +€25,949 | +9.8% |
| Deferred charges and accrued income | 490/1 | €4,351 | €1,684 | -€2,667 | -61.3% |
| Total equity and liabilities | 10/49 | €3,154,300 | €3,099,003 | -€55,297 | -1.8% |
| Equity | 10/15 | €2,894,591 | €2,929,673 | +€35,082 | +1.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €3,067,412 | €3,067,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €3,061,214 | €3,061,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,794 | -€199,712 | +€35,082 | +14.9% |
| Amounts payable | 17/49 | €259,709 | €169,330 | -€90,379 | -34.8% |
| Amounts payable within one year | 42/48 | €259,709 | €169,330 | -€90,379 | -34.8% |
| Trade debts | 44 | €241,045 | €153,412 | -€87,633 | -36.4% |
| Suppliers | 440/4 | €241,045 | €153,412 | -€87,633 | -36.4% |
| Taxes, remuneration and social security | 45 | €2,746 | €0 | -€2,746 | -100.0% |
| Taxes | 450/3 | €2,746 | €0 | -€2,746 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €15,918 | €15,918 | = | 0.0% |
| Operating income | 70/76A | €2,613,809 | €1,629,908 | -€983,901 | -37.6% |
| Turnover | 70 | €2,591,578 | €1,621,030 | -€970,548 | -37.5% |
| Other operating income | 74 | €22,230 | €8,878 | -€13,353 | -60.1% |
| Operating charges | 60/66A | €2,567,429 | €1,613,497 | -€953,933 | -37.2% |
| Goods for resale, raw materials and consumables | 60 | €2,460,698 | €1,553,120 | -€907,578 | -36.9% |
| Purchases | 600/8 | €2,449,754 | €1,574,352 | -€875,402 | -35.7% |
| Change in stocks: decrease (increase) | 609 | €10,944 | -€21,232 | -€32,176 | |
| Services and other goods | 61 | €63,574 | €40,054 | -€23,520 | -37.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,839 | €4,264 | -€11,575 | -73.1% |
| Other operating charges | 640/8 | €27,319 | €16,059 | -€11,260 | -41.2% |
| Operating profit (loss) | 9901 | €46,379 | €16,411 | -€29,968 | -64.6% |
| Financial income | 75/76B | €6,975 | €65,566 | +€58,591 | +840.0% |
| Recurring financial income | 75 | €6,975 | €65,566 | +€58,591 | +840.0% |
| Income from current assets | 751 | €4,820 | €63,123 | +€58,303 | +1209.6% |
| Other financial income | 752/9 | €2,155 | €2,443 | +€288 | +13.4% |
| Financial charges | 65/66B | €1,844 | €46,895 | +€45,052 | +2443.3% |
| Recurring financial charges | 65 | €1,844 | €46,895 | +€45,052 | +2443.3% |
| Debt charges | 650 | €1,142 | €130 | -€1,012 | -88.6% |
| Other financial charges | 652/9 | €702 | €46,766 | +€46,064 | +6564.8% |
| Profit (loss) for the period before taxes | 9903 | €51,510 | €35,082 | -€16,428 | -31.9% |
| Income taxes | 67/77 | €1,441 | €0 | -€1,441 | -100.0% |
| Taxes | 670/3 | €1,441 | €0 | -€1,441 | -100.0% |
| Profit (loss) for the period | 9904 | €50,069 | €35,082 | -€14,987 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,069 | €35,082 | -€14,987 | -29.9% |
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 12 October 2026 via checked.be.