CDM: what changed
Two fiscal 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.
CDM
Largest movements
- Tangible fixed assets -€23,763
down €23,763 (-9.0%), from €264,120 to €240,357
- Cash +€13,358
up €13,358 (+32.4%), from €41,248 to €54,606
mainly Depreciation (+€23,763)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€12,535
up €12,535 (+37.8%), from €33,165 to €45,700
- Other operating charges -€498
down €498 (-3.1%), from €16,175 to €15,677
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,150,962 | €1,141,436 | -€9,526 | -0.8% |
| Fixed assets | 21/28 | €264,680 | €240,917 | -€23,763 | -9.0% |
| Tangible fixed assets | 22/27 | €264,120 | €240,357 | -€23,763 | -9.0% |
| Land and buildings | 22 | €264,120 | €240,357 | -€23,763 | -9.0% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €886,281 | €900,519 | +€14,237 | +1.6% |
| Amounts receivable within one year | 40/41 | €844,816 | €845,696 | +€879 | +0.1% |
| Trade receivables | 40 | €22,707 | €31,597 | +€8,890 | +39.1% |
| Other amounts receivable | 41 | €822,109 | €814,099 | -€8,011 | -1.0% |
| Cash at bank and in hand | 54/58 | €41,248 | €54,606 | +€13,358 | +32.4% |
| Deferred charges and accrued income | 490/1 | €217 | €217 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,150,962 | €1,141,436 | -€9,526 | -0.8% |
| Equity | 10/15 | €406,733 | €403,383 | -€3,350 | -0.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €341,733 | €338,383 | -€3,350 | -1.0% |
| Non-distributable reserves | 130/1 | €43,400 | €43,400 | = | 0.0% |
| Legal reserve | 130 | €43,400 | €43,400 | = | 0.0% |
| Distributable reserves | 133 | €298,333 | €294,983 | -€3,350 | -1.1% |
| Amounts payable | 17/49 | €744,229 | €738,054 | -€6,176 | -0.8% |
| Amounts payable within one year | 42/48 | €744,229 | €738,054 | -€6,176 | -0.8% |
| Trade debts | 44 | €24,740 | €23,880 | -€859 | -3.5% |
| Suppliers | 440/4 | €24,740 | €23,880 | -€859 | -3.5% |
| Taxes, remuneration and social security | 45 | €161 | - | -€161 | |
| Taxes | 450/3 | €161 | - | -€161 | |
| Other amounts payable | 47/48 | €719,329 | €714,173 | -€5,156 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,401 | €23,763 | +€362 | +1.5% |
| Other operating charges | 640/8 | €16,175 | €15,677 | -€498 | -3.1% |
| Non-recurring operating charges | 66A | - | €9,348 | +€9,348 | |
| Gross operating margin | 9900 | €33,165 | €45,700 | +€12,535 | +37.8% |
| Operating profit (loss) | 9901 | -€6,412 | -€3,088 | +€3,323 | +51.8% |
| Financial charges | 65/66B | €627 | €262 | -€366 | -58.3% |
| Recurring financial charges | 65 | €627 | €262 | -€366 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,039 | -€3,350 | +€3,689 | +52.4% |
| Profit (loss) for the period | 9904 | -€7,039 | -€3,350 | +€3,689 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,039 | -€3,350 | +€3,689 | +52.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.