CDM Invest: what changed
CDM Invest
Largest movements
- Financial fixed assets +€229,000
up €229,000 (+24.1%), from €950,000 to €1.2m
- Receivables within one year +€33,275
up €33,275 (+917%), from €3,630 to €36,905
of which Other amounts receivable: +€36,905
- Cash +€20,950
up €20,950 (+126%), from €16,684 to €37,634
mainly Debts after one year (+€204,000) and Net result for the year (+€76,438)
- Debts after one year +€204,000
up €204,000 (+22.2%), from €920,000 to €1.1m
- Reserves +€76,438
up €76,438 (+512%), from €14,930 to €91,368
- Gross operating margin +€104,486
up €104,486 (+699%), from €14,944 to €119,430
- Taxes +€25,146
up €25,146 (+4,969%), from €506 to €25,652
- Financial charges +€7,065
up €7,065 (+59.0%), from €11,974 to €19,039
- Financial income +€2,289
new in 2025: €2,289
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €970,314 | €1,253,978 | +€283,664 | +29.2% |
| Fixed assets | 21/28 | €950,000 | €1,179,000 | +€229,000 | +24.1% |
| Financial fixed assets | 28 | €950,000 | €1,179,000 | +€229,000 | +24.1% |
| Current assets | 29/58 | €20,314 | €74,978 | +€54,664 | +269% |
| Amounts receivable within one year | 40/41 | €3,630 | €36,905 | +€33,275 | +917% |
| Trade receivables | 40 | €3,630 | €0 | -€3,630 | -100% |
| Other amounts receivable | 41 | €0 | €36,905 | +€36,905 | |
| Cash at bank and in hand | 54/58 | €16,684 | €37,634 | +€20,950 | +126% |
| Deferred charges and accrued income | 490/1 | - | €439 | +€439 | |
| Total equity and liabilities | 10/49 | €970,314 | €1,253,978 | +€283,664 | +29.2% |
| Equity | 10/15 | €33,530 | €109,968 | +€76,438 | +228% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,930 | €91,368 | +€76,438 | +512% |
| Distributable reserves | 133 | €14,930 | €91,368 | +€76,438 | +512% |
| Amounts payable | 17/49 | €936,784 | €1,144,010 | +€207,226 | +22.1% |
| Amounts payable after more than one year | 17 | €920,000 | €1,124,000 | +€204,000 | +22.2% |
| Financial debts | 170/4 | €920,000 | €1,124,000 | +€204,000 | +22.2% |
| Amounts payable within one year | 42/48 | €2,850 | €1,100 | -€1,751 | -61.4% |
| Trade debts | 44 | €245 | €245 | = | 0.0% |
| Suppliers | 440/4 | €245 | €245 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,272 | €855 | -€1,417 | -62.4% |
| Taxes | 450/3 | €2,272 | €855 | -€1,417 | -62.4% |
| Other amounts payable | 47/48 | €333 | €0 | -€333 | -100% |
| Accrued charges and deferred income | 492/3 | €13,933 | €18,910 | +€4,977 | +35.7% |
| Other operating charges | 640/8 | €1,113 | €590 | -€524 | -47.0% |
| Gross operating margin | 9900 | €14,944 | €119,430 | +€104,486 | +699% |
| Operating profit (loss) | 9901 | €13,831 | €118,840 | +€105,010 | +759% |
| Financial income | 75/76B | - | €2,289 | +€2,289 | |
| Recurring financial income | 75 | - | €2,289 | +€2,289 | |
| Financial charges | 65/66B | €11,974 | €19,039 | +€7,065 | +59.0% |
| Recurring financial charges | 65 | €11,974 | €19,039 | +€7,065 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | €1,857 | €102,090 | +€100,233 | +5,398% |
| Income taxes | 67/77 | €506 | €25,652 | +€25,146 | +4,969% |
| Profit (loss) for the period | 9904 | €1,351 | €76,438 | +€75,087 | +5,558% |
| Profit (loss) for the period to be appropriated | 9905 | €1,351 | €76,438 | +€75,087 | +5,558% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.