CDM Construct: 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.
CDM Construct
Largest movements
- Cash -€1,824
down €1,824 (-13.3%), from €13,719 to €11,895
mainly Net result for the year (-€2,106) and Other debts (-€219)
- Profit (loss) carried forward -€2,106
down €2,106 (-3.0%), from €69,851 to €67,745
- Gross operating margin +€215
up €215 (+12.8%), from -€1,681 to -€1,466
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.
Derived cash bridge
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 | €101,489 | €98,982 | -€2,507 | -2.5% |
| Current assets | 29/58 | €101,489 | €98,982 | -€2,507 | -2.5% |
| Amounts receivable within one year | 40/41 | €87,769 | €87,087 | -€683 | -0.8% |
| Trade receivables | 40 | €9,850 | - | -€9,850 | |
| Other amounts receivable | 41 | €77,919 | €87,087 | +€9,168 | +11.8% |
| Cash at bank and in hand | 54/58 | €13,719 | €11,895 | -€1,824 | -13.3% |
| Total equity and liabilities | 10/49 | €101,489 | €98,982 | -€2,507 | -2.5% |
| Equity | 10/15 | €90,311 | €88,205 | -€2,106 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,851 | €67,745 | -€2,106 | -3.0% |
| Amounts payable | 17/49 | €11,178 | €10,777 | -€401 | -3.6% |
| Amounts payable within one year | 42/48 | €11,178 | €10,777 | -€401 | -3.6% |
| Trade debts | 44 | €1,129 | €947 | -€182 | -16.1% |
| Suppliers | 440/4 | €1,129 | €947 | -€182 | -16.1% |
| Other amounts payable | 47/48 | €10,049 | €9,830 | -€219 | -2.2% |
| Other operating charges | 640/8 | €538 | €551 | +€12 | +2.3% |
| Gross operating margin | 9900 | -€1,681 | -€1,466 | +€215 | +12.8% |
| Operating profit (loss) | 9901 | -€2,219 | -€2,016 | +€203 | +9.1% |
| Financial charges | 65/66B | €85 | €89 | +€4 | +4.8% |
| Recurring financial charges | 65 | €85 | €89 | +€4 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,305 | -€2,106 | +€199 | +8.6% |
| Profit (loss) for the period | 9904 | -€2,305 | -€2,106 | +€199 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,305 | -€2,106 | +€199 | +8.6% |
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 16 October 2026 via checked.be.