CED AUDIO: 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.
CED AUDIO
Largest movements
- Tangible fixed assets -€19,584
down €19,584 (-26.4%), from €74,135 to €54,551
of which Furniture and vehicles: -€17,253
- Cash +€12,601
new in 2024: €12,601
mainly Depreciation (+€21,225) and Trade debts (+€10,185)
- Receivables within one year +€3,196
up €3,196 (+8.8%), from €36,520 to €39,717
of which Other amounts receivable: +€3,149
- Debts after one year -€20,432
down €20,432 (-46.4%), from €44,055 to €23,622
- Trade debts +€10,185
up €10,185 (+291.2%), from €3,497 to €13,682
- Tax, wage and social debts +€5,770
up €5,770 (+86.2%), from €6,697 to €12,467
- Reserves +€4,243
up €4,243 (+19.9%), from €21,351 to €25,593
of which Distributable reserves: +€4,243
- Short-term financial debts -€3,647
no longer reported in 2024 (was €3,647)
- Gross operating margin +€33,948
up €33,948 (+200.8%), from €16,910 to €50,858
- Taxes +€5,561
up €5,561 (+2185.7%), from €254 to €5,816
- Other operating charges +€1,264
up €1,264 (+231.8%), from €545 to €1,809
- Depreciation -€1,095
down €1,095 (-4.9%), from €22,320 to €21,225
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 | €110,981 | €108,064 | -€2,918 | -2.6% |
| Fixed assets | 21/28 | €74,135 | €55,051 | -€19,084 | -25.7% |
| Tangible fixed assets | 22/27 | €74,135 | €54,551 | -€19,584 | -26.4% |
| Furniture and vehicles | 24 | €55,801 | €38,547 | -€17,253 | -30.9% |
| Other tangible fixed assets | 26 | €18,334 | €16,004 | -€2,331 | -12.7% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €36,846 | €53,012 | +€16,166 | +43.9% |
| Amounts receivable within one year | 40/41 | €36,520 | €39,717 | +€3,196 | +8.8% |
| Trade receivables | 40 | €27,180 | €27,228 | +€48 | +0.2% |
| Other amounts receivable | 41 | €9,340 | €12,489 | +€3,149 | +33.7% |
| Cash at bank and in hand | 54/58 | - | €12,601 | +€12,601 | |
| Deferred charges and accrued income | 490/1 | €326 | €694 | +€368 | +113.0% |
| Total equity and liabilities | 10/49 | €110,981 | €108,064 | -€2,918 | -2.6% |
| Equity | 10/15 | €33,529 | €37,771 | +€4,243 | +12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,351 | €25,593 | +€4,243 | +19.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,400 | €4,400 | = | 0.0% |
| Distributable reserves | 133 | €15,091 | €19,333 | +€4,243 | +28.1% |
| Profit (loss) carried forward | 14 | €5,978 | €5,978 | = | 0.0% |
| Amounts payable | 17/49 | €77,453 | €70,292 | -€7,161 | -9.2% |
| Amounts payable after more than one year | 17 | €44,055 | €23,622 | -€20,432 | -46.4% |
| Financial debts | 170/4 | €44,055 | €23,622 | -€20,432 | -46.4% |
| Amounts payable within one year | 42/48 | €33,398 | €46,581 | +€13,183 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €19,557 | €20,432 | +€875 | +4.5% |
| Financial debts | 43 | €3,647 | - | -€3,647 | |
| Credit institutions | 430/8 | €3,647 | - | -€3,647 | |
| Trade debts | 44 | €3,497 | €13,682 | +€10,185 | +291.2% |
| Suppliers | 440/4 | €3,497 | €13,682 | +€10,185 | +291.2% |
| Taxes, remuneration and social security | 45 | €6,697 | €12,467 | +€5,770 | +86.2% |
| Taxes | 450/3 | €6,697 | €12,467 | +€5,770 | +86.2% |
| Accrued charges and deferred income | 492/3 | - | €89 | +€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,320 | €21,225 | -€1,095 | -4.9% |
| Other operating charges | 640/8 | €545 | €1,809 | +€1,264 | +231.8% |
| Non-recurring operating charges | 66A | - | €14,082 | +€14,082 | |
| Gross operating margin | 9900 | €16,910 | €50,858 | +€33,948 | +200.8% |
| Operating profit (loss) | 9901 | -€5,955 | €13,743 | +€19,697 | |
| Financial charges | 65/66B | €3,376 | €3,684 | +€308 | +9.1% |
| Recurring financial charges | 65 | €3,376 | €3,684 | +€308 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,331 | €10,059 | +€19,389 | |
| Income taxes | 67/77 | €254 | €5,816 | +€5,561 | +2185.7% |
| Profit (loss) for the period | 9904 | -€9,585 | €4,243 | +€13,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,585 | €4,243 | +€13,828 |
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 29 September 2026 via checked.be.