CDMM: 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.
CDMM
Largest movements
- Tangible fixed assets +€39,785
up €39,785 (+205%), from €19,421 to €59,206
- Cash +€34,064
up €34,064 (+73.3%), from €46,459 to €80,523
mainly Other debts (+€72,676) and Net result for the year (+€36,112)
- Deferred charges and accrued income -€3,364
down €3,364 (-54.1%), from €6,219 to €2,855
- Receivables within one year +€3,278
up €3,278 (+14.0%), from €23,385 to €26,664
of which Trade receivables: +€2,194
- Other debts +€72,676
new in 2025: €72,676
- Profit (loss) carried forward -€36,288
down €36,288 (-59.2%), from €61,321 to €25,033
- Debts after one year +€31,760
new in 2025: €31,760
- Current portion of long-term debt +€12,935
up €12,935 (+771%), from €1,678 to €14,613
- Tax, wage and social debts -€6,768
down €6,768 (-30.3%), from €22,321 to €15,553
- Gross operating margin -€5,313
down €5,313 (-6.6%), from €80,147 to €74,835
- Other operating charges +€4,678
up €4,678 (+340%), from €1,376 to €6,054
- Depreciation +€3,178
up €3,178 (+22.9%), from €13,885 to €17,062
- Taxes -€1,637
down €1,637 (-10.5%), from €15,553 to €13,916
- Financial charges +€1,483
up €1,483 (+711%), from €208 to €1,691
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 | €96,192 | €169,248 | +€73,056 | +75.9% |
| Formation expenses | 20 | €708 | - | -€708 | |
| Fixed assets | 21/28 | €19,421 | €59,206 | +€39,785 | +205% |
| Tangible fixed assets | 22/27 | €19,421 | €59,206 | +€39,785 | +205% |
| Furniture and vehicles | 24 | €19,421 | €59,206 | +€39,785 | +205% |
| Current assets | 29/58 | €76,063 | €110,042 | +€33,979 | +44.7% |
| Amounts receivable within one year | 40/41 | €23,385 | €26,664 | +€3,278 | +14.0% |
| Trade receivables | 40 | €22,106 | €24,300 | +€2,194 | +9.9% |
| Other amounts receivable | 41 | €1,280 | €2,364 | +€1,084 | +84.7% |
| Cash at bank and in hand | 54/58 | €46,459 | €80,523 | +€34,064 | +73.3% |
| Deferred charges and accrued income | 490/1 | €6,219 | €2,855 | -€3,364 | -54.1% |
| Total equity and liabilities | 10/49 | €96,192 | €169,248 | +€73,056 | +75.9% |
| Equity | 10/15 | €66,321 | €30,033 | -€36,288 | -54.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,321 | €25,033 | -€36,288 | -59.2% |
| Amounts payable | 17/49 | €29,871 | €139,215 | +€109,344 | +366% |
| Amounts payable after more than one year | 17 | - | €31,760 | +€31,760 | |
| Financial debts | 170/4 | - | €31,760 | +€31,760 | |
| Amounts payable within one year | 42/48 | €29,871 | €107,315 | +€77,444 | +259% |
| Current portion of amounts payable after more than one year | 42 | €1,678 | €14,613 | +€12,935 | +771% |
| Trade debts | 44 | €5,872 | €4,473 | -€1,399 | -23.8% |
| Suppliers | 440/4 | €5,872 | €4,473 | -€1,399 | -23.8% |
| Taxes, remuneration and social security | 45 | €22,321 | €15,553 | -€6,768 | -30.3% |
| Taxes | 450/3 | €22,321 | €15,553 | -€6,768 | -30.3% |
| Other amounts payable | 47/48 | - | €72,676 | +€72,676 | |
| Accrued charges and deferred income | 492/3 | - | €140 | +€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,885 | €17,062 | +€3,178 | +22.9% |
| Other operating charges | 640/8 | €1,376 | €6,054 | +€4,678 | +340% |
| Gross operating margin | 9900 | €80,147 | €74,835 | -€5,313 | -6.6% |
| Operating profit (loss) | 9901 | €64,887 | €51,719 | -€13,168 | -20.3% |
| Financial charges | 65/66B | €208 | €1,691 | +€1,483 | +711% |
| Recurring financial charges | 65 | €208 | €1,691 | +€1,483 | +711% |
| Profit (loss) for the period before taxes | 9903 | €64,679 | €50,027 | -€14,651 | -22.7% |
| Income taxes | 67/77 | €15,553 | €13,916 | -€1,637 | -10.5% |
| Profit (loss) for the period | 9904 | €49,126 | €36,112 | -€13,014 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,126 | €36,112 | -€13,014 | -26.5% |
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 17 October 2026 via checked.be.