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CDU Management: 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.

What changed

CDU Management

BE 0803.315.792
NACE 73.300, Public relations and communication consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€70,934
2023 · €42,569+€28,365
Equity
€55,504
2023 · €44,569+€10,934
Cash
€44,576
2023 · €49,334-€4,758
Balance sheet total
€101,087
2023 · €63,277+€37,810

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€41,114

    up €41,114 (+318.1%), from €12,923 to €54,037

    of which Other amounts receivable: +€39,105

  • Cash -€4,758

    down €4,758 (-9.6%), from €49,334 to €44,576

    mainly Contributions, distributions and other (-€60,000) and Receivables within one year (-€41,114)

Equity and liabilities
  • Other debts +€18,000

    new in 2024: €18,000

  • Profit (loss) carried forward +€10,934

    up €10,934 (+25.7%), from €42,569 to €53,504

  • Tax, wage and social debts +€7,985

    up €7,985 (+46.6%), from €17,146 to €25,131

Income statement
  • Gross operating margin +€33,156

    up €33,156 (+60.8%), from €54,527 to €87,683

  • Taxes +€7,171

    up €7,171 (+67.3%), from €10,655 to €17,827

  • Financial income +€1,667

    up €1,667 (+488.0%), from €342 to €2,008

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €42,569
Gross operating margin +€33,156
Depreciation +€764
Other operating charges -€3
Financial income +€1,667
Financial charges -€47
Taxes -€7,171
Result 2024 €70,934

Cash bridge derived

cash 2023 to 2024

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.

From operations +€56,742
Investment -€1,500
Financing -€60,000
Cash 2023 €49,334
Net result for the year +€70,934
Depreciation +€490
Receivables within one year -€41,114
Deferred charges and accrued income -€445
Trade debts +€891
Tax, wage and social debts +€7,985
Other debts +€18,000
Investment in fixed assets (net) -€1,500
Contributions, distributions and other -€60,000
Cash 2024 €44,576
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €63,277 €101,087 +€37,810 +59.8%
Fixed assets 21/28 €54 €1,064 +€1,010 +1862.3%
Tangible fixed assets 22/27 - €1,010 +€1,010
Furniture and vehicles 24 - €1,010 +€1,010
Financial fixed assets 28 €54 €54 = 0.0%
Current assets 29/58 €63,223 €100,023 +€36,801 +58.2%
Amounts receivable within one year 40/41 €12,923 €54,037 +€41,114 +318.1%
Trade receivables 40 €342 €2,350 +€2,008 +588.0%
Other amounts receivable 41 €12,582 €51,687 +€39,105 +310.8%
Cash at bank and in hand 54/58 €49,334 €44,576 -€4,758 -9.6%
Deferred charges and accrued income 490/1 €965 €1,410 +€445 +46.1%
Total equity and liabilities 10/49 €63,277 €101,087 +€37,810 +59.8%
Equity 10/15 €44,569 €55,504 +€10,934 +24.5%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €42,569 €53,504 +€10,934 +25.7%
Amounts payable 17/49 €18,707 €45,583 +€26,876 +143.7%
Amounts payable within one year 42/48 €18,707 €45,583 +€26,876 +143.7%
Trade debts 44 €1,562 €2,452 +€891 +57.0%
Suppliers 440/4 €1,562 €2,452 +€891 +57.0%
Taxes, remuneration and social security 45 €17,146 €25,131 +€7,985 +46.6%
Taxes 450/3 €17,146 €25,131 +€7,985 +46.6%
Other amounts payable 47/48 - €18,000 +€18,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,254 €490 -€764 -60.9%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 €54,527 €87,683 +€33,156 +60.8%
Operating profit (loss) 9901 €52,888 €86,805 +€33,916 +64.1%
Financial income 75/76B €342 €2,008 +€1,667 +488.0%
Recurring financial income 75 €342 €2,008 +€1,667 +488.0%
Financial charges 65/66B €5 €52 +€47 +938.0%
Recurring financial charges 65 €5 €52 +€47 +938.0%
Profit (loss) for the period before taxes 9903 €53,225 €88,761 +€35,536 +66.8%
Income taxes 67/77 €10,655 €17,827 +€7,171 +67.3%
Profit (loss) for the period 9904 €42,569 €70,934 +€28,365 +66.6%
Profit (loss) for the period to be appropriated 9905 €42,569 €70,934 +€28,365 +66.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.