CDRC: 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.
CDRC
Largest movements
- Cash +€79,652
up €79,652 (+2279.3%), from €3,495 to €83,147
mainly Net result for the year (+€58,938) and Receivables within one year (+€14,317)
- Receivables within one year -€14,317
down €14,317 (-98.6%), from €14,520 to €203
of which Trade receivables: -€14,317
- Tangible fixed assets -€1,118
down €1,118 (-90.1%), from €1,241 to €123
of which Plant, machinery and equipment: -€680
- Reserves +€58,938
up €58,938 (+493.0%), from €11,955 to €70,893
- Other debts +€3,985
up €3,985, from €0 to €3,985
- Tax, wage and social debts +€2,469
up €2,469 (+51.9%), from €4,753 to €7,222
of which Taxes: +€5,219
- Trade debts -€844
down €844 (-54.5%), from €1,548 to €704
- Gross operating margin +€79,057
up €79,057, from -€3,306 to €75,752
- Taxes +€15,254
up €15,254 (+38268.3%), from €40 to €15,294
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 | €19,256 | €83,891 | +€64,635 | +335.7% |
| Fixed assets | 21/28 | €1,241 | €123 | -€1,118 | -90.1% |
| Tangible fixed assets | 22/27 | €1,241 | €123 | -€1,118 | -90.1% |
| Plant, machinery and equipment | 23 | €699 | €19 | -€680 | -97.3% |
| Furniture and vehicles | 24 | €542 | €104 | -€438 | -80.8% |
| Current assets | 29/58 | €18,015 | €83,768 | +€65,754 | +365.0% |
| Amounts receivable within one year | 40/41 | €14,520 | €203 | -€14,317 | -98.6% |
| Trade receivables | 40 | €14,520 | €203 | -€14,317 | -98.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,495 | €83,147 | +€79,652 | +2279.3% |
| Deferred charges and accrued income | 490/1 | €0 | €418 | +€418 | |
| Total equity and liabilities | 10/49 | €19,256 | €83,891 | +€64,635 | +335.7% |
| Equity | 10/15 | €12,955 | €71,893 | +€58,938 | +455.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €11,955 | €70,893 | +€58,938 | +493.0% |
| Distributable reserves | 133 | €11,955 | €70,893 | +€58,938 | +493.0% |
| Amounts payable | 17/49 | €6,301 | €11,998 | +€5,697 | +90.4% |
| Amounts payable within one year | 42/48 | €6,301 | €11,998 | +€5,697 | +90.4% |
| Trade debts | 44 | €1,548 | €704 | -€844 | -54.5% |
| Suppliers | 440/4 | €1,548 | €704 | -€844 | -54.5% |
| Advances received on contracts in progress | 46 | - | €87 | +€87 | |
| Taxes, remuneration and social security | 45 | €4,753 | €7,222 | +€2,469 | +51.9% |
| Taxes | 450/3 | €2,003 | €7,222 | +€5,219 | +260.6% |
| Remuneration and social security | 454/9 | €2,750 | €0 | -€2,750 | -100.0% |
| Other amounts payable | 47/48 | €0 | €3,985 | +€3,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,118 | €1,118 | -€0 | 0.0% |
| Other operating charges | 640/8 | €292 | €232 | -€60 | -20.7% |
| Gross operating margin | 9900 | -€3,306 | €75,752 | +€79,057 | |
| Operating profit (loss) | 9901 | -€4,716 | €74,402 | +€79,118 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €65 | €170 | +€105 | +162.4% |
| Recurring financial charges | 65 | €65 | €170 | +€105 | +162.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,781 | €74,232 | +€79,012 | |
| Income taxes | 67/77 | €40 | €15,294 | +€15,254 | +38268.3% |
| Profit (loss) for the period | 9904 | -€4,821 | €58,938 | +€63,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,821 | €58,938 | +€63,759 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.