CDV SAFETY: 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.
CDV SAFETY
Largest movements
- Cash -€17,290
down €17,290 (-100.0%), from €17,290 to €0
mainly Receivables within one year (-€14,049) and Net result for the year (-€11,171)
- Receivables within one year +€14,049
up €14,049 (+12.6%), from €111,154 to €125,202
of which Other amounts receivable: +€24,335
- Tangible fixed assets +€4,549
up €4,549 (+284.0%), from €1,602 to €6,151
of which Furniture and vehicles: +€5,317
- Short-term financial debts +€15,745
new in 2025: €15,745
- Reserves -€11,171
down €11,171 (-29.7%), from €37,603 to €26,431
of which Distributable reserves: -€11,171
- Gross operating margin -€80,553
down €80,553 (-36.8%), from €218,860 to €138,307
- Taxes -€19,524
down €19,524 (-91.8%), from €21,277 to €1,753
- Staff costs +€5,567
up €5,567 (+4.0%), from €138,180 to €143,747
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 | €137,421 | €140,056 | +€2,635 | +1.9% |
| Fixed assets | 21/28 | €3,502 | €8,051 | +€4,549 | +129.9% |
| Tangible fixed assets | 22/27 | €1,602 | €6,151 | +€4,549 | +284.0% |
| Furniture and vehicles | 24 | - | €5,317 | +€5,317 | |
| Leasing and similar rights | 25 | €1,602 | €834 | -€768 | -47.9% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €133,919 | €132,005 | -€1,914 | -1.4% |
| Amounts receivable within one year | 40/41 | €111,154 | €125,202 | +€14,049 | +12.6% |
| Trade receivables | 40 | €24,267 | €13,981 | -€10,286 | -42.4% |
| Other amounts receivable | 41 | €86,887 | €111,222 | +€24,335 | +28.0% |
| Cash at bank and in hand | 54/58 | €17,290 | €0 | -€17,290 | -100.0% |
| Deferred charges and accrued income | 490/1 | €5,476 | €6,803 | +€1,327 | +24.2% |
| Total equity and liabilities | 10/49 | €137,421 | €140,056 | +€2,635 | +1.9% |
| Equity | 10/15 | €43,803 | €32,631 | -€11,171 | -25.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,603 | €26,431 | -€11,171 | -29.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €37,603 | €26,431 | -€11,171 | -29.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €93,619 | €107,425 | +€13,806 | +14.7% |
| Amounts payable within one year | 42/48 | €93,619 | €107,425 | +€13,806 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €15,745 | +€15,745 | |
| Credit institutions | 430/8 | - | €15,745 | +€15,745 | |
| Trade debts | 44 | €21,397 | €20,454 | -€943 | -4.4% |
| Suppliers | 440/4 | €21,397 | €20,454 | -€943 | -4.4% |
| Taxes, remuneration and social security | 45 | €72,222 | €70,899 | -€1,322 | -1.8% |
| Taxes | 450/3 | €53,766 | €51,687 | -€2,079 | -3.9% |
| Remuneration and social security | 454/9 | €18,456 | €19,213 | +€757 | +4.1% |
| Other amounts payable | 47/48 | - | €327 | +€327 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €138,180 | €143,747 | +€5,567 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €768 | €1,560 | +€793 | +103.3% |
| Other operating charges | 640/8 | €2,801 | €2,715 | -€86 | -3.1% |
| Non-recurring operating charges | 66A | €20,066 | €3,703 | -€16,363 | -81.5% |
| Gross operating margin | 9900 | €218,860 | €138,307 | -€80,553 | -36.8% |
| Operating profit (loss) | 9901 | €57,045 | -€13,419 | -€70,464 | |
| Financial income | 75/76B | €4,484 | €5,672 | +€1,189 | +26.5% |
| Recurring financial income | 75 | €4,484 | €5,672 | +€1,189 | +26.5% |
| Financial charges | 65/66B | €2,432 | €1,671 | -€761 | -31.3% |
| Recurring financial charges | 65 | €2,432 | €1,671 | -€761 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €59,096 | -€9,418 | -€68,514 | |
| Income taxes | 67/77 | €21,277 | €1,753 | -€19,524 | -91.8% |
| Profit (loss) for the period | 9904 | €37,819 | -€11,171 | -€48,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,819 | -€11,171 | -€48,990 |
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 8 October 2026 via checked.be.