Cdr: 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.
Cdr
Largest movements
- Receivables within one year +€5,660
up €5,660 (+72.1%), from €7,850 to €13,510
of which Other amounts receivable: +€4,641
- Cash -€3,440
down €3,440 (-40.7%), from €8,447 to €5,007
mainly Receivables within one year (-€5,660) and Debts after one year (-€3,342)
- Tangible fixed assets -€1,198
down €1,198 (-27.9%), from €4,293 to €3,095
of which Furniture and vehicles: -€606
- Deferred charges and accrued income +€287
up €287 (+219.8%), from €131 to €418
- Profit (loss) carried forward +€6,036
up €6,036 (+53.1%), from -€11,370 to -€5,334
- Debts after one year -€3,342
down €3,342 (-66.2%), from €5,050 to €1,708
- Tax, wage and social debts -€1,928
down €1,928 (-55.8%), from €3,454 to €1,526
- Trade debts +€1,352
up €1,352 (+145.1%), from €932 to €2,284
- Other debts -€903
down €903 (-97.8%), from €923 to €20
- Gross operating margin -€1,581
down €1,581 (-13.6%), from €11,638 to €10,058
- Financial charges -€1,577
down €1,577 (-75.6%), from €2,086 to €509
of which Non-recurring financial charges: -€1,593
- Taxes +€1,162
up €1,162 (+883.6%), from €132 to €1,294
- Depreciation +€179
up €179 (+11.4%), from €1,573 to €1,752
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,233 | €22,542 | +€1,309 | +6.2% |
| Fixed assets | 21/28 | €4,806 | €3,608 | -€1,198 | -24.9% |
| Tangible fixed assets | 22/27 | €4,293 | €3,095 | -€1,198 | -27.9% |
| Plant, machinery and equipment | 23 | €268 | €134 | -€134 | -50.0% |
| Furniture and vehicles | 24 | €3,109 | €2,503 | -€606 | -19.5% |
| Other tangible fixed assets | 26 | €916 | €458 | -€458 | -50.0% |
| Financial fixed assets | 28 | €513 | €513 | = | 0.0% |
| Current assets | 29/58 | €16,427 | €18,934 | +€2,507 | +15.3% |
| Amounts receivable within one year | 40/41 | €7,850 | €13,510 | +€5,660 | +72.1% |
| Trade receivables | 40 | €7,850 | €8,869 | +€1,019 | +13.0% |
| Other amounts receivable | 41 | - | €4,641 | +€4,641 | |
| Cash at bank and in hand | 54/58 | €8,447 | €5,007 | -€3,440 | -40.7% |
| Deferred charges and accrued income | 490/1 | €131 | €418 | +€287 | +219.8% |
| Total equity and liabilities | 10/49 | €21,233 | €22,542 | +€1,309 | +6.2% |
| Equity | 10/15 | €7,626 | €13,662 | +€6,036 | +79.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €396 | €396 | = | 0.0% |
| Non-distributable reserves | 130/1 | €396 | €396 | = | 0.0% |
| Reserves not available under the articles | 1311 | €396 | €396 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,370 | -€5,334 | +€6,036 | +53.1% |
| Amounts payable | 17/49 | €13,607 | €8,880 | -€4,727 | -34.7% |
| Amounts payable after more than one year | 17 | €5,050 | €1,708 | -€3,342 | -66.2% |
| Financial debts | 170/4 | €5,050 | €1,708 | -€3,342 | -66.2% |
| Amounts payable within one year | 42/48 | €8,557 | €7,172 | -€1,385 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €3,248 | €3,342 | +€94 | +2.9% |
| Trade debts | 44 | €932 | €2,284 | +€1,352 | +145.1% |
| Suppliers | 440/4 | €932 | €2,284 | +€1,352 | +145.1% |
| Taxes, remuneration and social security | 45 | €3,454 | €1,526 | -€1,928 | -55.8% |
| Taxes | 450/3 | €3,454 | €1,526 | -€1,928 | -55.8% |
| Other amounts payable | 47/48 | €923 | €20 | -€903 | -97.8% |
| Remuneration, social security and pensions | 62 | €69 | - | -€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,573 | €1,752 | +€179 | +11.4% |
| Other operating charges | 640/8 | €665 | €581 | -€84 | -12.7% |
| Gross operating margin | 9900 | €11,638 | €10,058 | -€1,581 | -13.6% |
| Operating profit (loss) | 9901 | €9,331 | €7,725 | -€1,606 | -17.2% |
| Financial income | 75/76B | €5 | €114 | +€109 | +2012.4% |
| Recurring financial income | 75 | €5 | €114 | +€109 | +2012.4% |
| Financial charges | 65/66B | €2,086 | €509 | -€1,577 | -75.6% |
| Recurring financial charges | 65 | €494 | €509 | +€16 | +3.2% |
| Non-recurring financial charges | 66B | €1,593 | - | -€1,593 | |
| Profit (loss) for the period before taxes | 9903 | €7,250 | €7,330 | +€80 | +1.1% |
| Income taxes | 67/77 | €132 | €1,294 | +€1,162 | +883.6% |
| Profit (loss) for the period | 9904 | €7,118 | €6,036 | -€1,082 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,118 | €6,036 | -€1,082 | -15.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.