Cedar Films: 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.
Cedar Films
Largest movements
- Cash +€10,927
up €10,927 (+78.2%), from €13,966 to €24,893
mainly Net result for the year (+€7,185) and Depreciation (+€6,038)
- Tangible fixed assets -€6,065
down €6,065 (-35.3%), from €17,168 to €11,103
of which Plant, machinery and equipment: -€4,328
- Receivables within one year +€3,226
up €3,226 (+14.7%), from €21,908 to €25,134
of which Trade receivables: +€2,915
- Deferred charges and accrued income +€1,802
up €1,802 (+54.2%), from €3,322 to €5,124
- Reserves +€7,185
up €7,185 (+84.6%), from €8,495 to €15,681
- Current portion of long-term debt +€2,937
new in 2025: €2,937
- Trade debts +€2,528
up €2,528 (+21.0%), from €12,022 to €14,550
- Other debts -€2,152
down €2,152 (-8.2%), from €26,379 to €24,227
- Tax, wage and social debts -€933
down €933 (-15.2%), from €6,154 to €5,221
of which Taxes: -€743
- Other operating charges +€1,084
up €1,084 (+55.2%), from €1,964 to €3,048
- Financial charges +€931
up €931 (+91.7%), from €1,015 to €1,946
- Gross operating margin +€651
up €651 (+3.0%), from €21,958 to €22,609
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 | €56,434 | €66,254 | +€9,819 | +17.4% |
| Fixed assets | 21/28 | €17,238 | €11,103 | -€6,135 | -35.6% |
| Tangible fixed assets | 22/27 | €17,168 | €11,103 | -€6,065 | -35.3% |
| Plant, machinery and equipment | 23 | €10,004 | €5,676 | -€4,328 | -43.3% |
| Furniture and vehicles | 24 | €7,164 | €5,427 | -€1,737 | -24.2% |
| Financial fixed assets | 28 | €70 | - | -€70 | |
| Current assets | 29/58 | €39,196 | €55,150 | +€15,955 | +40.7% |
| Amounts receivable within one year | 40/41 | €21,908 | €25,134 | +€3,226 | +14.7% |
| Trade receivables | 40 | €19,440 | €22,354 | +€2,915 | +15.0% |
| Other amounts receivable | 41 | €2,469 | €2,780 | +€311 | +12.6% |
| Cash at bank and in hand | 54/58 | €13,966 | €24,893 | +€10,927 | +78.2% |
| Deferred charges and accrued income | 490/1 | €3,322 | €5,124 | +€1,802 | +54.2% |
| Total equity and liabilities | 10/49 | €56,434 | €66,254 | +€9,819 | +17.4% |
| Equity | 10/15 | €11,495 | €18,681 | +€7,185 | +62.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,495 | €15,681 | +€7,185 | +84.6% |
| Distributable reserves | 133 | €8,495 | €15,681 | +€7,185 | +84.6% |
| Amounts payable | 17/49 | €44,939 | €47,573 | +€2,634 | +5.9% |
| Amounts payable within one year | 42/48 | €44,799 | €47,373 | +€2,573 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | - | €2,937 | +€2,937 | |
| Financial debts | 43 | €243 | €437 | +€194 | +79.7% |
| Credit institutions | 430/8 | €243 | €437 | +€194 | +79.7% |
| Trade debts | 44 | €12,022 | €14,550 | +€2,528 | +21.0% |
| Suppliers | 440/4 | €12,022 | €14,550 | +€2,528 | +21.0% |
| Taxes, remuneration and social security | 45 | €6,154 | €5,221 | -€933 | -15.2% |
| Taxes | 450/3 | €5,864 | €5,121 | -€743 | -12.7% |
| Remuneration and social security | 454/9 | €290 | €100 | -€190 | -65.5% |
| Other amounts payable | 47/48 | €26,379 | €24,227 | -€2,152 | -8.2% |
| Accrued charges and deferred income | 492/3 | €140 | €200 | +€60 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,199 | €6,038 | -€161 | -2.6% |
| Other operating charges | 640/8 | €1,964 | €3,048 | +€1,084 | +55.2% |
| Gross operating margin | 9900 | €21,958 | €22,609 | +€651 | +3.0% |
| Operating profit (loss) | 9901 | €13,796 | €13,524 | -€272 | -2.0% |
| Financial income | 75/76B | €21 | €41 | +€19 | +89.6% |
| Recurring financial income | 75 | €21 | €41 | +€19 | +89.6% |
| Financial charges | 65/66B | €1,015 | €1,946 | +€931 | +91.7% |
| Recurring financial charges | 65 | €1,015 | €1,946 | +€931 | +91.7% |
| Profit (loss) for the period before taxes | 9903 | €12,802 | €11,618 | -€1,184 | -9.3% |
| Income taxes | 67/77 | €4,307 | €4,432 | +€126 | +2.9% |
| Profit (loss) for the period | 9904 | €8,495 | €7,185 | -€1,310 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,495 | €7,185 | -€1,310 | -15.4% |
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.