CDMC: 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.
CDMC
Largest movements
- Receivables within one year +€74,306
up €74,306 (+13802.6%), from €538 to €74,845
- Cash +€20,992
up €20,992 (+1065.0%), from €1,971 to €22,963
mainly Net result for the year (+€129,980) and Tax, wage and social debts (+€19,033)
- Tangible fixed assets +€20,886
new in 2025: €20,886
of which Other tangible fixed assets: +€10,599
- Profit (loss) carried forward +€104,980
up €104,980, from -€23,132 to €81,848
- Tax, wage and social debts +€19,033
new in 2025: €19,033
- Other debts -€9,870
down €9,870 (-58.9%), from €16,759 to €6,889
- Trade debts +€2,120
up €2,120 (+233.8%), from €907 to €3,027
- Gross operating margin +€172,276
up €172,276, from -€512 to €171,764
- Taxes +€38,669
new in 2025: €38,669
- Depreciation +€2,510
new in 2025: €2,510
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 | €2,593 | €118,858 | +€116,264 | +4483.0% |
| Fixed assets | 21/28 | - | €20,886 | +€20,886 | |
| Tangible fixed assets | 22/27 | - | €20,886 | +€20,886 | |
| Furniture and vehicles | 24 | - | €10,287 | +€10,287 | |
| Other tangible fixed assets | 26 | - | €10,599 | +€10,599 | |
| Current assets | 29/58 | €2,593 | €97,972 | +€95,378 | +3677.6% |
| Amounts receivable within one year | 40/41 | €538 | €74,845 | +€74,306 | +13802.6% |
| Trade receivables | 40 | €538 | €74,845 | +€74,306 | +13802.6% |
| Cash at bank and in hand | 54/58 | €1,971 | €22,963 | +€20,992 | +1065.0% |
| Deferred charges and accrued income | 490/1 | €84 | €163 | +€79 | +94.6% |
| Total equity and liabilities | 10/49 | €2,593 | €118,858 | +€116,264 | +4483.0% |
| Equity | 10/15 | -€15,072 | €89,908 | +€104,980 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,132 | €81,848 | +€104,980 | |
| Amounts payable | 17/49 | €17,666 | €28,950 | +€11,284 | +63.9% |
| Amounts payable within one year | 42/48 | €17,666 | €28,950 | +€11,284 | +63.9% |
| Trade debts | 44 | €907 | €3,027 | +€2,120 | +233.8% |
| Suppliers | 440/4 | €907 | €3,027 | +€2,120 | +233.8% |
| Taxes, remuneration and social security | 45 | - | €19,033 | +€19,033 | |
| Taxes | 450/3 | - | €19,033 | +€19,033 | |
| Other amounts payable | 47/48 | €16,759 | €6,889 | -€9,870 | -58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,510 | +€2,510 | |
| Other operating charges | 640/8 | €665 | €462 | -€203 | -30.5% |
| Non-recurring operating charges | 66A | €30,570 | - | -€30,570 | |
| Gross operating margin | 9900 | -€512 | €171,764 | +€172,276 | |
| Operating profit (loss) | 9901 | -€31,747 | €168,791 | +€200,538 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €48 | €142 | +€94 | +193.9% |
| Recurring financial charges | 65 | €48 | €142 | +€94 | +193.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,795 | €168,649 | +€200,445 | |
| Income taxes | 67/77 | - | €38,669 | +€38,669 | |
| Profit (loss) for the period | 9904 | -€31,795 | €129,980 | +€161,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,795 | €129,980 | +€161,776 |
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 10 October 2026 via checked.be.