Cédécéix: 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.
Cédécéix
Largest movements
- Tangible fixed assets +€28,627
up €28,627 (+33.3%), from €86,034 to €114,661
of which Leasing and similar rights: +€37,628
- Cash +€9,449
up €9,449 (+28.2%), from €33,499 to €42,948
mainly Depreciation (+€25,248) and Current portion of long-term debt (+€9,311)
- Current portion of long-term debt +€9,311
up €9,311 (+75.8%), from €12,279 to €21,590
- Profit (loss) carried forward +€8,984
up €8,984 (+33.3%), from -€26,956 to -€17,972
- Debts after one year +€7,959
up €7,959 (+8.3%), from €95,943 to €103,902
- Trade debts +€5,671
up €5,671 (+192%), from €2,952 to €8,622
- Other debts +€4,684
up €4,684 (+10,107%), from €46 to €4,731
- Gross operating margin +€14,467
up €14,467 (+12.6%), from €115,248 to €129,715
- Depreciation +€8,128
up €8,128 (+47.5%), from €17,120 to €25,248
- Staff costs +€6,559
up €6,559 (+8.7%), from €75,401 to €81,960
- Other operating charges +€2,298
up €2,298 (+72.6%), from €3,165 to €5,464
- Taxes -€1,907
down €1,907 (-63.6%), from €2,999 to €1,092
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 | €120,311 | €158,561 | +€38,250 | +31.8% |
| Fixed assets | 21/28 | €86,034 | €114,661 | +€28,627 | +33.3% |
| Tangible fixed assets | 22/27 | €86,034 | €114,661 | +€28,627 | +33.3% |
| Land and buildings | 22 | €72,000 | €60,000 | -€12,000 | -16.7% |
| Plant, machinery and equipment | 23 | €10,243 | €10,107 | -€136 | -1.3% |
| Furniture and vehicles | 24 | €3,791 | €6,926 | +€3,134 | +82.7% |
| Leasing and similar rights | 25 | - | €37,628 | +€37,628 | |
| Current assets | 29/58 | €34,277 | €43,900 | +€9,624 | +28.1% |
| Cash at bank and in hand | 54/58 | €33,499 | €42,948 | +€9,449 | +28.2% |
| Deferred charges and accrued income | 490/1 | €778 | €952 | +€175 | +22.5% |
| Total equity and liabilities | 10/49 | €120,311 | €158,561 | +€38,250 | +31.8% |
| Equity | 10/15 | -€8,356 | €628 | +€8,984 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,956 | -€17,972 | +€8,984 | +33.3% |
| Amounts payable | 17/49 | €128,667 | €157,933 | +€29,266 | +22.7% |
| Amounts payable after more than one year | 17 | €95,943 | €103,902 | +€7,959 | +8.3% |
| Financial debts | 170/4 | €95,943 | €103,902 | +€7,959 | +8.3% |
| Amounts payable within one year | 42/48 | €31,537 | €52,844 | +€21,308 | +67.6% |
| Current portion of amounts payable after more than one year | 42 | €12,279 | €21,590 | +€9,311 | +75.8% |
| Trade debts | 44 | €2,952 | €8,622 | +€5,671 | +192% |
| Suppliers | 440/4 | €2,952 | €8,622 | +€5,671 | +192% |
| Taxes, remuneration and social security | 45 | €16,260 | €17,901 | +€1,642 | +10.1% |
| Taxes | 450/3 | €6,495 | €7,524 | +€1,029 | +15.8% |
| Remuneration and social security | 454/9 | €9,765 | €10,377 | +€613 | +6.3% |
| Other amounts payable | 47/48 | €46 | €4,731 | +€4,684 | +10,107% |
| Accrued charges and deferred income | 492/3 | €1,187 | €1,187 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €75,401 | €81,960 | +€6,559 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,120 | €25,248 | +€8,128 | +47.5% |
| Other operating charges | 640/8 | €3,165 | €5,464 | +€2,298 | +72.6% |
| Gross operating margin | 9900 | €115,248 | €129,715 | +€14,467 | +12.6% |
| Operating profit (loss) | 9901 | €19,562 | €17,044 | -€2,519 | -12.9% |
| Financial income | 75/76B | €6 | €40 | +€34 | +553% |
| Recurring financial income | 75 | €6 | €40 | +€34 | +553% |
| Financial charges | 65/66B | €5,677 | €7,008 | +€1,331 | +23.4% |
| Recurring financial charges | 65 | €5,677 | €7,008 | +€1,331 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €13,891 | €10,076 | -€3,815 | -27.5% |
| Income taxes | 67/77 | €2,999 | €1,092 | -€1,907 | -63.6% |
| Profit (loss) for the period | 9904 | €10,892 | €8,984 | -€1,908 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,892 | €8,984 | -€1,908 | -17.5% |
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 16 October 2026 via checked.be.