Cedebe Service: 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.
Cedebe Service
Largest movements
- Cash +€11,416
up €11,416 (+12.6%), from €90,670 to €102,086
mainly Net result for the year (+€9,710) and Tax, wage and social debts (+€1,969)
- Tangible fixed assets -€1,216
down €1,216 (-35.1%), from €3,469 to €2,253
- Reserves +€9,710
up €9,710 (+13.2%), from €73,760 to €83,470
- Tax, wage and social debts +€1,969
up €1,969 (+171%), from €1,149 to €3,118
- Gross operating margin -€8,205
down €8,205 (-31.8%), from €25,789 to €17,584
- Taxes -€2,897
down €2,897 (-33.8%), from €8,561 to €5,664
- Depreciation +€1,037
up €1,037 (+578%), from €179 to €1,216
- Financial income +€378
up €378 (+148%), from €256 to €634
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 | €98,603 | €109,888 | +€11,285 | +11.4% |
| Fixed assets | 21/28 | €3,469 | €2,253 | -€1,216 | -35.1% |
| Tangible fixed assets | 22/27 | €3,469 | €2,253 | -€1,216 | -35.1% |
| Furniture and vehicles | 24 | €3,469 | €2,253 | -€1,216 | -35.1% |
| Current assets | 29/58 | €95,134 | €107,635 | +€12,502 | +13.1% |
| Amounts receivable within one year | 40/41 | €2,398 | €3,250 | +€851 | +35.5% |
| Trade receivables | 40 | €885 | €1,223 | +€339 | +38.3% |
| Other amounts receivable | 41 | €1,513 | €2,026 | +€513 | +33.9% |
| Cash at bank and in hand | 54/58 | €90,670 | €102,086 | +€11,416 | +12.6% |
| Deferred charges and accrued income | 490/1 | €2,065 | €2,300 | +€234 | +11.3% |
| Total equity and liabilities | 10/49 | €98,603 | €109,888 | +€11,285 | +11.4% |
| Equity | 10/15 | €95,760 | €105,470 | +€9,710 | +10.1% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €73,760 | €83,470 | +€9,710 | +13.2% |
| Distributable reserves | 133 | €73,760 | €83,470 | +€9,710 | +13.2% |
| Amounts payable | 17/49 | €2,843 | €4,418 | +€1,575 | +55.4% |
| Amounts payable within one year | 42/48 | €2,843 | €4,418 | +€1,575 | +55.4% |
| Trade debts | 44 | €1,634 | €1,019 | -€615 | -37.6% |
| Suppliers | 440/4 | €1,634 | €1,019 | -€615 | -37.6% |
| Taxes, remuneration and social security | 45 | €1,149 | €3,118 | +€1,969 | +171% |
| Taxes | 450/3 | €1,149 | €3,118 | +€1,969 | +171% |
| Other amounts payable | 47/48 | €60 | €281 | +€221 | +367% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179 | €1,216 | +€1,037 | +578% |
| Other operating charges | 640/8 | €1,305 | €1,282 | -€23 | -1.8% |
| Gross operating margin | 9900 | €25,789 | €17,584 | -€8,205 | -31.8% |
| Operating profit (loss) | 9901 | €24,304 | €15,085 | -€9,219 | -37.9% |
| Financial income | 75/76B | €256 | €634 | +€378 | +148% |
| Recurring financial income | 75 | €256 | €634 | +€378 | +148% |
| Financial charges | 65/66B | €285 | €345 | +€60 | +21.2% |
| Recurring financial charges | 65 | €285 | €345 | +€60 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €24,275 | €15,374 | -€8,901 | -36.7% |
| Income taxes | 67/77 | €8,561 | €5,664 | -€2,897 | -33.8% |
| Profit (loss) for the period | 9904 | €15,714 | €9,710 | -€6,004 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,714 | €9,710 | -€6,004 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.