CEDA DAEMS CONSULTING: 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.
CEDA DAEMS CONSULTING
Largest movements
- Current investments -€95,000
no longer reported in 2025 (was €95,000)
- Tangible fixed assets +€42,199
up €42,199 (+4.3%), from €983,480 to €1.0m
of which Land and buildings: +€44,466
- Cash -€41,265
down €41,265 (-44.5%), from €92,769 to €51,504
mainly Other debts (-€117,208) and Investment in fixed assets (net) (-€74,927)
- Other debts -€117,208
down €117,208 (-66.5%), from €176,283 to €59,075
- Debts after one year +€23,625
up €23,625 (+3.0%), from €779,413 to €803,038
- Financial income +€18,153
up €18,153 (+3,257%), from €557 to €18,710
- Gross operating margin -€15,633
down €15,633 (-30.4%), from €51,495 to €35,862
- Depreciation +€4,601
up €4,601 (+16.4%), from €28,127 to €32,728
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.
Derived cash bridge
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 | €1,172,299 | €1,079,969 | -€92,330 | -7.9% |
| Fixed assets | 21/28 | €983,480 | €1,025,680 | +€42,199 | +4.3% |
| Tangible fixed assets | 22/27 | €983,480 | €1,025,680 | +€42,199 | +4.3% |
| Land and buildings | 22 | €965,950 | €1,010,416 | +€44,466 | +4.6% |
| Other tangible fixed assets | 26 | €17,530 | €15,263 | -€2,266 | -12.9% |
| Current assets | 29/58 | €188,819 | €54,290 | -€134,529 | -71.2% |
| Amounts receivable within one year | 40/41 | €1,050 | €2,100 | +€1,050 | +100% |
| Other amounts receivable | 41 | €1,050 | €2,100 | +€1,050 | +100% |
| Current investments | 50/53 | €95,000 | - | -€95,000 | |
| Cash at bank and in hand | 54/58 | €92,769 | €51,504 | -€41,265 | -44.5% |
| Deferred charges and accrued income | 490/1 | - | €686 | +€686 | |
| Total equity and liabilities | 10/49 | €1,172,299 | €1,079,969 | -€92,330 | -7.9% |
| Equity | 10/15 | €69,623 | €73,157 | +€3,534 | +5.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €34,369 | €34,369 | = | 0.0% |
| Distributable reserves | 133 | €34,369 | €34,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,794 | €18,328 | +€3,534 | +23.9% |
| Provisions and deferred taxes | 16 | €95,786 | €94,649 | -€1,137 | -1.2% |
| Provisions for liabilities and charges | 160/5 | €95,786 | €94,649 | -€1,137 | -1.2% |
| Environmental obligations | 163 | €95,786 | €94,649 | -€1,137 | -1.2% |
| Amounts payable | 17/49 | €1,006,891 | €912,163 | -€94,728 | -9.4% |
| Amounts payable after more than one year | 17 | €779,413 | €803,038 | +€23,625 | +3.0% |
| Financial debts | 170/4 | €779,413 | €803,038 | +€23,625 | +3.0% |
| Amounts payable within one year | 42/48 | €225,547 | €109,125 | -€116,422 | -51.6% |
| Current portion of amounts payable after more than one year | 42 | €48,272 | €48,915 | +€643 | +1.3% |
| Trade debts | 44 | €992 | €1,136 | +€144 | +14.5% |
| Suppliers | 440/4 | €992 | €1,136 | +€144 | +14.5% |
| Other amounts payable | 47/48 | €176,283 | €59,075 | -€117,208 | -66.5% |
| Accrued charges and deferred income | 492/3 | €1,931 | - | -€1,931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,127 | €32,728 | +€4,601 | +16.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,101 | -€1,137 | -€36 | -3.3% |
| Other operating charges | 640/8 | €4,254 | €4,059 | -€196 | -4.6% |
| Gross operating margin | 9900 | €51,495 | €35,862 | -€15,633 | -30.4% |
| Operating profit (loss) | 9901 | €20,215 | €213 | -€20,002 | -98.9% |
| Financial income | 75/76B | €557 | €18,710 | +€18,153 | +3,257% |
| Recurring financial income | 75 | €557 | €18,710 | +€18,153 | +3,257% |
| Financial charges | 65/66B | €15,664 | €15,388 | -€276 | -1.8% |
| Recurring financial charges | 65 | €15,664 | €15,388 | -€276 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €5,108 | €3,534 | -€1,574 | -30.8% |
| Profit (loss) for the period | 9904 | €5,108 | €3,534 | -€1,574 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,108 | €3,534 | -€1,574 | -30.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.