CEDACTA: 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.
CEDACTA
Largest movements
- Deferred charges and accrued income +€992,884
new in 2025: €992,884
- Receivables within one year -€525,552
down €525,552 (-76.9%), from €683,306 to €157,754
- Cash +€31,492
up €31,492 (+153.7%), from €20,495 to €51,987
mainly Net result for the year (+€3.7m) and Other debts (+€935,000)
- Financial fixed assets -€27,350
down €27,350 (-59.5%), from €45,950 to €18,600
- Other debts +€935,000
new in 2025: €935,000
- Debts after one year -€767,662
down €767,662 (-99.1%), from €774,924 to €7,262
- Profit (loss) carried forward +€308,779
up €308,779, from -€52,503 to €256,276
- Financial income +€3.8m
up €3.8m (+758475504.0%), from €1 to €3.8m
- Gross operating margin -€95,345
down €95,345 (-253.3%), from -€37,644 to -€132,990
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 | €749,751 | €1,221,225 | +€471,474 | +62.9% |
| Fixed assets | 21/28 | €45,950 | €18,600 | -€27,350 | -59.5% |
| Financial fixed assets | 28 | €45,950 | €18,600 | -€27,350 | -59.5% |
| Current assets | 29/58 | €703,801 | €1,202,625 | +€498,824 | +70.9% |
| Amounts receivable within one year | 40/41 | €683,306 | €157,754 | -€525,552 | -76.9% |
| Other amounts receivable | 41 | €683,306 | €157,754 | -€525,552 | -76.9% |
| Cash at bank and in hand | 54/58 | €20,495 | €51,987 | +€31,492 | +153.7% |
| Deferred charges and accrued income | 490/1 | - | €992,884 | +€992,884 | |
| Total equity and liabilities | 10/49 | €749,751 | €1,221,225 | +€471,474 | +62.9% |
| Equity | 10/15 | -€33,903 | €274,876 | +€308,779 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,503 | €256,276 | +€308,779 | |
| Amounts payable | 17/49 | €783,653 | €946,349 | +€162,695 | +20.8% |
| Amounts payable after more than one year | 17 | €774,924 | €7,262 | -€767,662 | -99.1% |
| Other amounts payable | 178/9 | €774,924 | €7,262 | -€767,662 | -99.1% |
| Amounts payable within one year | 42/48 | €8,730 | €939,087 | +€930,357 | +10657.6% |
| Trade debts | 44 | €8,730 | €4,087 | -€4,643 | -53.2% |
| Suppliers | 440/4 | €8,730 | €4,087 | -€4,643 | -53.2% |
| Other amounts payable | 47/48 | - | €935,000 | +€935,000 | |
| Other operating charges | 640/8 | €580 | €400 | -€181 | -31.1% |
| Gross operating margin | 9900 | -€37,644 | -€132,990 | -€95,345 | -253.3% |
| Operating profit (loss) | 9901 | -€38,225 | -€133,389 | -€95,165 | -249.0% |
| Financial income | 75/76B | €1 | €3,792,378 | +€3.8m | +758475504.0% |
| Recurring financial income | 75 | €1 | €3,792,378 | +€3.8m | +758475504.0% |
| Financial charges | 65/66B | €174 | €210 | +€36 | +20.7% |
| Recurring financial charges | 65 | €174 | €210 | +€36 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,398 | €3,658,779 | +€3.7m | |
| Profit (loss) for the period | 9904 | -€38,398 | €3,658,779 | +€3.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,398 | €3,658,779 | +€3.7m |
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.