CEDE 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.
CEDE Invest
Largest movements
- Receivables within one year +€93,060
up €93,060 (+46544.0%), from €200 to €93,260
- Profit (loss) carried forward +€42,910
no longer reported in 2025 (was -€42,910)
- Reserves +€20,472
new in 2025: €20,472
- Other debts +€17,886
up €17,886 (+9.0%), from €198,443 to €216,329
- Trade debts +€8,385
up €8,385 (+128.8%), from €6,508 to €14,893
- Tax, wage and social debts +€3,424
up €3,424 (+32.1%), from €10,669 to €14,093
of which Taxes: +€3,924
- Gross operating margin +€110,968
up €110,968, from -€41,955 to €69,013
- Taxes +€5,553
new in 2025: €5,553
- Financial income +€2,117
new in 2025: €2,117
- Other operating charges +€769
up €769 (+98.6%), from €780 to €1,549
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 | €175,210 | €268,287 | +€93,077 | +53.1% |
| Fixed assets | 21/28 | €175,000 | €175,000 | = | 0.0% |
| Financial fixed assets | 28 | €175,000 | €175,000 | = | 0.0% |
| Current assets | 29/58 | €210 | €93,287 | +€93,077 | +44326.4% |
| Amounts receivable within one year | 40/41 | €200 | €93,260 | +€93,060 | +46544.0% |
| Other amounts receivable | 41 | €200 | €93,260 | +€93,060 | +46544.0% |
| Cash at bank and in hand | 54/58 | €10 | €27 | +€16 | +164.1% |
| Total equity and liabilities | 10/49 | €175,210 | €268,287 | +€93,077 | +53.1% |
| Equity | 10/15 | -€40,410 | €22,972 | +€63,381 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €20,472 | +€20,472 | |
| Distributable reserves | 133 | - | €20,472 | +€20,472 | |
| Profit (loss) carried forward | 14 | -€42,910 | - | +€42,910 | |
| Amounts payable | 17/49 | €215,620 | €245,315 | +€29,695 | +13.8% |
| Amounts payable within one year | 42/48 | €215,620 | €245,315 | +€29,695 | +13.8% |
| Trade debts | 44 | €6,508 | €14,893 | +€8,385 | +128.8% |
| Suppliers | 440/4 | €6,508 | €14,893 | +€8,385 | +128.8% |
| Taxes, remuneration and social security | 45 | €10,669 | €14,093 | +€3,424 | +32.1% |
| Taxes | 450/3 | €10,169 | €14,093 | +€3,924 | +38.6% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €198,443 | €216,329 | +€17,886 | +9.0% |
| Other operating charges | 640/8 | €780 | €1,549 | +€769 | +98.6% |
| Gross operating margin | 9900 | -€41,955 | €69,013 | +€110,968 | |
| Operating profit (loss) | 9901 | -€42,735 | €67,465 | +€110,199 | |
| Financial income | 75/76B | - | €2,117 | +€2,117 | |
| Recurring financial income | 75 | - | €2,117 | +€2,117 | |
| Financial charges | 65/66B | €175 | €648 | +€473 | +270.1% |
| Recurring financial charges | 65 | €175 | €648 | +€473 | +270.1% |
| Profit (loss) for the period before taxes | 9903 | -€42,910 | €68,934 | +€111,844 | |
| Income taxes | 67/77 | - | €5,553 | +€5,553 | |
| Profit (loss) for the period | 9904 | -€42,910 | €63,381 | +€106,291 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,910 | €63,381 | +€106,291 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.