CDP Conseils: 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.
CDP Conseils
Largest movements
- Cash -€89,692
down €89,692 (-60.4%), from €148,430 to €58,738
mainly Trade debts (-€89,459) and Deferred charges and accrued income (-€32,207)
- Deferred charges and accrued income +€32,207
up €32,207 (+372.4%), from €8,648 to €40,854
- Receivables within one year +€5,529
up €5,529 (+2.5%), from €225,016 to €230,545
of which Trade receivables: +€6,331
- Trade debts -€89,459
down €89,459 (-52.2%), from €171,494 to €82,035
- Accrued charges and deferred income +€17,810
up €17,810 (+237.6%), from €7,496 to €25,305
- Tax, wage and social debts +€17,019
up €17,019 (+33.3%), from €51,039 to €68,057
of which Remuneration and social security: +€21,740
- Profit (loss) carried forward +€4,858
up €4,858 (+3.5%), from €140,159 to €145,016
- Gross operating margin +€114,326
up €114,326 (+108.9%), from €104,974 to €219,300
- Staff costs +€109,840
up €109,840 (+119.2%), from €92,116 to €201,955
- Taxes +€3,665
up €3,665 (+141.1%), from €2,598 to €6,263
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 | €384,447 | €334,674 | -€49,773 | -12.9% |
| Fixed assets | 21/28 | €1,353 | €3,536 | +€2,184 | +161.4% |
| Intangible fixed assets | 21 | - | €1,042 | +€1,042 | |
| Tangible fixed assets | 22/27 | €1,353 | €2,495 | +€1,142 | +84.4% |
| Furniture and vehicles | 24 | €1,353 | €2,495 | +€1,142 | +84.4% |
| Current assets | 29/58 | €383,094 | €331,138 | -€51,956 | -13.6% |
| Amounts receivable within one year | 40/41 | €225,016 | €230,545 | +€5,529 | +2.5% |
| Trade receivables | 40 | €224,214 | €230,545 | +€6,331 | +2.8% |
| Other amounts receivable | 41 | €802 | - | -€802 | |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €148,430 | €58,738 | -€89,692 | -60.4% |
| Deferred charges and accrued income | 490/1 | €8,648 | €40,854 | +€32,207 | +372.4% |
| Total equity and liabilities | 10/49 | €384,447 | €334,674 | -€49,773 | -12.9% |
| Equity | 10/15 | €154,419 | €159,276 | +€4,858 | +3.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,159 | €145,016 | +€4,858 | +3.5% |
| Amounts payable | 17/49 | €230,028 | €175,397 | -€54,630 | -23.7% |
| Amounts payable within one year | 42/48 | €222,532 | €150,092 | -€72,440 | -32.6% |
| Trade debts | 44 | €171,494 | €82,035 | -€89,459 | -52.2% |
| Suppliers | 440/4 | €171,494 | €82,035 | -€89,459 | -52.2% |
| Taxes, remuneration and social security | 45 | €51,039 | €68,057 | +€17,019 | +33.3% |
| Taxes | 450/3 | €28,887 | €24,165 | -€4,722 | -16.3% |
| Remuneration and social security | 454/9 | €22,152 | €43,892 | +€21,740 | +98.1% |
| Accrued charges and deferred income | 492/3 | €7,496 | €25,305 | +€17,810 | +237.6% |
| Remuneration, social security and pensions | 62 | €92,116 | €201,955 | +€109,840 | +119.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €3,326 | +€2,155 | +183.9% |
| Other operating charges | 640/8 | €387 | €650 | +€262 | +67.7% |
| Gross operating margin | 9900 | €104,974 | €219,300 | +€114,326 | +108.9% |
| Operating profit (loss) | 9901 | €11,299 | €13,369 | +€2,069 | +18.3% |
| Financial income | 75/76B | €45 | €2,150 | +€2,105 | +4709.1% |
| Recurring financial income | 75 | €45 | €2,150 | +€2,105 | +4709.1% |
| Financial charges | 65/66B | €3,746 | €4,399 | +€652 | +17.4% |
| Recurring financial charges | 65 | €3,746 | €4,399 | +€652 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €7,598 | €11,120 | +€3,522 | +46.4% |
| Income taxes | 67/77 | €2,598 | €6,263 | +€3,665 | +141.1% |
| Profit (loss) for the period | 9904 | €5,000 | €4,858 | -€142 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,000 | €4,858 | -€142 | -2.8% |
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 6 October 2026 via checked.be.