CEDAR INVEST: 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 INVEST
Largest movements
- Formation expenses -€216
down €216 (-100%), from €216 to €0
- Profit (loss) carried forward -€1,787
down €1,787 (-35.3%), from -€5,066 to -€6,854
- Other debts +€1,146
up €1,146 (+7.5%), from €15,184 to €16,330
- Trade debts +€411
up €411 (+92.1%), from €446 to €857
- Other operating charges +€751
up €751 (+885%), from €85 to €836
- Financial charges -€46
down €46 (-14.1%), from €328 to €282
- Gross operating margin -€8
down €8 (-1.7%), from -€446 to -€454
- Purchases and services +€8
up €8 (+1.7%), from €446 to €454
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.
Derived cash bridge
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 | €15,564 | €15,333 | -€230 | -1.5% |
| Formation expenses | 20 | €216 | €0 | -€216 | -100% |
| Current assets | 29/58 | €15,348 | €15,333 | -€14 | -0.1% |
| Stocks and contracts in progress | 3 | €12,938 | €12,938 | = | 0.0% |
| Stocks | 30/36 | €12,938 | €12,938 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,350 | €2,350 | = | 0.0% |
| Other amounts receivable | 41 | €2,350 | €2,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60 | €46 | -€14 | -23.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €15,564 | €15,333 | -€230 | -1.5% |
| Equity | 10/15 | -€66 | -€1,854 | -€1,787 | -2,688% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,066 | -€6,854 | -€1,787 | -35.3% |
| Amounts payable | 17/49 | €15,630 | €17,187 | +€1,557 | +10.0% |
| Amounts payable within one year | 42/48 | €15,630 | €17,187 | +€1,557 | +10.0% |
| Trade debts | 44 | €446 | €857 | +€411 | +92.1% |
| Suppliers | 440/4 | €446 | €857 | +€411 | +92.1% |
| Other amounts payable | 47/48 | €15,184 | €16,330 | +€1,146 | +7.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €446 | €454 | +€8 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €216 | -€0 | -0.1% |
| Other operating charges | 640/8 | €85 | €836 | +€751 | +885% |
| Gross operating margin | 9900 | -€446 | -€454 | -€8 | -1.7% |
| Operating profit (loss) | 9901 | -€747 | -€1,505 | -€758 | -101% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €328 | €282 | -€46 | -14.1% |
| Recurring financial charges | 65 | €328 | €282 | -€46 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,076 | -€1,787 | -€712 | -66.2% |
| Profit (loss) for the period | 9904 | -€1,076 | -€1,787 | -€712 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,076 | -€1,787 | -€712 | -66.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.