CDM THERAPY: 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 THERAPY
Largest movements
- Cash +€10,052
up €10,052 (+71.5%), from €14,061 to €24,112
mainly Net result for the year (+€22,241) and Depreciation (+€3,297)
- Receivables within one year +€9,732
up €9,732 (+36.4%), from €26,772 to €36,505
of which Other amounts receivable: +€11,893
- Tangible fixed assets -€3,297
down €3,297 (-43.7%), from €7,544 to €4,247
of which Leasing and similar rights: -€2,272
- Reserves +€22,241
up €22,241 (+56.0%), from €39,716 to €61,957
- Other debts -€3,356
down €3,356 (-100.0%), from €3,356 to €0
- Debts after one year -€2,328
down €2,328 (-100.0%), from €2,328 to €0
- Gross operating margin +€4,165
up €4,165 (+14.8%), from €28,141 to €32,306
- Taxes +€893
up €893 (+17.7%), from €5,051 to €5,944
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,135 | €68,081 | +€16,946 | +33.1% |
| Fixed assets | 21/28 | €9,144 | €5,847 | -€3,297 | -36.1% |
| Tangible fixed assets | 22/27 | €7,544 | €4,247 | -€3,297 | -43.7% |
| Furniture and vehicles | 24 | €3,563 | €2,538 | -€1,025 | -28.8% |
| Leasing and similar rights | 25 | €3,981 | €1,709 | -€2,272 | -57.1% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €41,990 | €62,234 | +€20,243 | +48.2% |
| Amounts receivable within one year | 40/41 | €26,772 | €36,505 | +€9,732 | +36.4% |
| Trade receivables | 40 | €24,023 | €21,862 | -€2,161 | -9.0% |
| Other amounts receivable | 41 | €2,749 | €14,643 | +€11,893 | +432.6% |
| Cash at bank and in hand | 54/58 | €14,061 | €24,112 | +€10,052 | +71.5% |
| Deferred charges and accrued income | 490/1 | €1,157 | €1,616 | +€459 | +39.7% |
| Total equity and liabilities | 10/49 | €51,135 | €68,081 | +€16,946 | +33.1% |
| Equity | 10/15 | €42,716 | €64,957 | +€22,241 | +52.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,716 | €61,957 | +€22,241 | +56.0% |
| Distributable reserves | 133 | €39,716 | €61,957 | +€22,241 | +56.0% |
| Amounts payable | 17/49 | €8,418 | €3,124 | -€5,294 | -62.9% |
| Amounts payable after more than one year | 17 | €2,328 | €0 | -€2,328 | -100.0% |
| Financial debts | 170/4 | €2,328 | €0 | -€2,328 | -100.0% |
| Amounts payable within one year | 42/48 | €6,090 | €3,124 | -€2,966 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €2,186 | €2,136 | -€50 | -2.3% |
| Trade debts | 44 | €548 | €987 | +€439 | +80.2% |
| Suppliers | 440/4 | €548 | €987 | +€439 | +80.2% |
| Other amounts payable | 47/48 | €3,356 | €0 | -€3,356 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,297 | €3,297 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €28,141 | €32,306 | +€4,165 | +14.8% |
| Operating profit (loss) | 9901 | €24,457 | €28,610 | +€4,153 | +17.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €623 | €425 | -€198 | -31.7% |
| Recurring financial charges | 65 | €623 | €425 | -€198 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €23,834 | €28,184 | +€4,351 | +18.3% |
| Income taxes | 67/77 | €5,051 | €5,944 | +€893 | +17.7% |
| Profit (loss) for the period | 9904 | €18,783 | €22,241 | +€3,458 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,783 | €22,241 | +€3,458 | +18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.