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
- Receivables within one year -€31,845
down €31,845 (-57.5%), from €55,410 to €23,565
of which Trade receivables: -€45,431
- Tangible fixed assets -€7,128
down €7,128 (-49.3%), from €14,472 to €7,344
- Cash -€1,298
down €1,298 (-43.5%), from €2,985 to €1,688
mainly Trade debts (-€36,354) and Other debts (-€14,047)
- Trade debts -€36,354
down €36,354 (-82.9%), from €43,834 to €7,480
- Other debts -€14,047
down €14,047 (-16.8%), from €83,800 to €69,753
- Profit (loss) carried forward +€10,131
up €10,131 (+26.3%), from -€38,567 to -€28,436
- Turnover +€55,900
new in 2023: €55,900
- Gross operating margin +€50,083
up €50,083, from -€31,363 to €18,720
- Purchases and services -€24,311
down €24,311 (-39.5%), from €61,491 to €37,180
- Other operating charges +€1,056
new in 2023: €1,056
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,067 | €48,797 | -€40,270 | -45.2% |
| Fixed assets | 21/28 | €30,672 | €23,544 | -€7,128 | -23.2% |
| Tangible fixed assets | 22/27 | €14,472 | €7,344 | -€7,128 | -49.3% |
| Furniture and vehicles | 24 | €14,472 | €7,344 | -€7,128 | -49.3% |
| Financial fixed assets | 28 | €16,200 | €16,200 | = | 0.0% |
| Current assets | 29/58 | €58,395 | €25,253 | -€33,142 | -56.8% |
| Amounts receivable within one year | 40/41 | €55,410 | €23,565 | -€31,845 | -57.5% |
| Trade receivables | 40 | €48,431 | €3,000 | -€45,431 | -93.8% |
| Other amounts receivable | 41 | €6,979 | €20,565 | +€13,586 | +194.7% |
| Cash at bank and in hand | 54/58 | €2,985 | €1,688 | -€1,298 | -43.5% |
| Total equity and liabilities | 10/49 | €89,067 | €48,797 | -€40,270 | -45.2% |
| Equity | 10/15 | -€38,567 | -€28,436 | +€10,131 | +26.3% |
| Profit (loss) carried forward | 14 | -€38,567 | -€28,436 | +€10,131 | +26.3% |
| Amounts payable | 17/49 | €127,634 | €77,234 | -€50,401 | -39.5% |
| Amounts payable within one year | 42/48 | €127,634 | €77,234 | -€50,401 | -39.5% |
| Trade debts | 44 | €43,834 | €7,480 | -€36,354 | -82.9% |
| Suppliers | 440/4 | €43,834 | €7,480 | -€36,354 | -82.9% |
| Other amounts payable | 47/48 | €83,800 | €69,753 | -€14,047 | -16.8% |
| Turnover | 70 | - | €55,900 | +€55,900 | |
| Goods, raw materials, services and sundry goods | 60/61 | €61,491 | €37,180 | -€24,311 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,128 | €7,128 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,056 | +€1,056 | |
| Gross operating margin | 9900 | -€31,363 | €18,720 | +€50,083 | |
| Operating profit (loss) | 9901 | -€38,491 | €10,536 | +€49,027 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €76 | €409 | +€333 | +437.3% |
| Recurring financial charges | 65 | €76 | €409 | +€333 | +437.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,567 | €10,131 | +€48,698 | |
| Profit (loss) for the period | 9904 | -€38,567 | €10,131 | +€48,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,567 | €10,131 | +€48,698 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.