CDO CONSULTING: 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.
CDO CONSULTING
Largest movements
- Financial fixed assets -€184,220
down €184,220 (-23.6%), from €778,945 to €594,725
- Receivables within one year +€14,500
new in 2023: €14,500
- Short-term financial debts -€366,350
down €366,350 (-95.6%), from €383,389 to €17,040
- Other debts +€165,869
up €165,869 (+220.2%), from €75,328 to €241,197
- Profit (loss) carried forward +€63,918
up €63,918 (+31.5%), from €202,823 to €266,741
- Tax, wage and social debts -€13,659
down €13,659 (-32.1%), from €42,489 to €28,830
- Trade debts -€10,338
down €10,338 (-95.3%), from €10,843 to €505
- Taxes -€58,830
no longer reported in 2023 (was €58,830)
- Financial income +€21,974
up €21,974 (+9.2%), from €239,236 to €261,210
of which Financial income: +€21,974
- Gross operating margin -€4,555
down €4,555 (-56.3%), from -€8,093 to -€12,648
- Financial charges -€356
down €356 (-59.4%), from €600 to €244
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €779,544 | €616,464 | -€163,080 | -20.9% |
| Fixed assets | 21/28 | €778,945 | €594,725 | -€184,220 | -23.6% |
| Financial fixed assets | 28 | €778,945 | €594,725 | -€184,220 | -23.6% |
| Current assets | 29/58 | €599 | €21,739 | +€21,140 | +3529.4% |
| Amounts receivable within one year | 40/41 | - | €14,500 | +€14,500 | |
| Other amounts receivable | 41 | - | €14,500 | +€14,500 | |
| Cash at bank and in hand | 54/58 | €425 | €7,239 | +€6,814 | +1603.4% |
| Deferred charges and accrued income | 490/1 | €174 | - | -€174 | |
| Total equity and liabilities | 10/49 | €779,544 | €616,464 | -€163,080 | -20.9% |
| Equity | 10/15 | €264,974 | €328,892 | +€63,918 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,551 | €43,551 | = | 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% |
| Distributable reserves | 133 | €41,691 | €41,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €202,823 | €266,741 | +€63,918 | +31.5% |
| Amounts payable | 17/49 | €514,570 | €287,572 | -€226,998 | -44.1% |
| Amounts payable within one year | 42/48 | €514,570 | €287,572 | -€226,998 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €2,521 | - | -€2,521 | |
| Financial debts | 43 | €383,389 | €17,040 | -€366,350 | -95.6% |
| Other loans | 439 | €383,389 | €17,040 | -€366,350 | -95.6% |
| Trade debts | 44 | €10,843 | €505 | -€10,338 | -95.3% |
| Suppliers | 440/4 | €10,843 | €505 | -€10,338 | -95.3% |
| Taxes, remuneration and social security | 45 | €42,489 | €28,830 | -€13,659 | -32.1% |
| Taxes | 450/3 | €42,489 | €28,830 | -€13,659 | -32.1% |
| Other amounts payable | 47/48 | €75,328 | €241,197 | +€165,869 | +220.2% |
| Other operating charges | 640/8 | €405 | €463 | +€58 | +14.4% |
| Non-recurring operating charges | 66A | - | €183,937 | +€183,937 | |
| Gross operating margin | 9900 | -€8,093 | -€12,648 | -€4,555 | -56.3% |
| Operating profit (loss) | 9901 | -€8,497 | -€197,048 | -€188,551 | -2218.9% |
| Financial income | 75/76B | €239,236 | €261,210 | +€21,974 | +9.2% |
| Recurring financial income | 75 | €239,236 | €261,210 | +€21,974 | +9.2% |
| Non-recurring financial income | 76B | €239,236 | €261,210 | +€21,974 | +9.2% |
| Financial charges | 65/66B | €600 | €244 | -€356 | -59.4% |
| Recurring financial charges | 65 | €600 | €244 | -€356 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €230,139 | €63,918 | -€166,221 | -72.2% |
| Income taxes | 67/77 | €58,830 | - | -€58,830 | |
| Profit (loss) for the period | 9904 | €171,309 | €63,918 | -€107,391 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €171,309 | €63,918 | -€107,391 | -62.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.