Cédie: what changed
Cédie
Largest movements
- Financial fixed assets +€51,033
new in 2025: €51,033
- Receivables within one year -€6,430
down €6,430 (-27.1%), from €23,770 to €17,340
of which Other amounts receivable: -€4,883
- Cash +€985
up €985 (+10.2%), from €9,655 to €10,641
mainly Other debts (+€36,142) and Net result for the year (+€9,963)
- Other debts +€36,142
up €36,142 (+782%), from €4,624 to €40,766
- Profit (loss) carried forward +€9,963
up €9,963 (+58.5%), from €17,030 to €26,993
- Trade debts -€5,686
down €5,686 (-88.7%), from €6,407 to €721
- Tax, wage and social debts +€5,386
up €5,386 (+142%), from €3,802 to €9,188
- Gross operating margin +€16,830
up €16,830, from -€1,217 to €15,613
- Taxes +€3,908
up €3,908 (+1,699%), from €230 to €4,139
- Financial charges -€421
down €421 (-74.4%), from €566 to €145
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,864 | €82,668 | +€45,804 | +124% |
| Fixed assets | 21/28 | €992 | €51,524 | +€50,532 | +5,096% |
| Tangible fixed assets | 22/27 | €992 | €491 | -€501 | -50.5% |
| Furniture and vehicles | 24 | €992 | €491 | -€501 | -50.5% |
| Financial fixed assets | 28 | - | €51,033 | +€51,033 | |
| Current assets | 29/58 | €35,872 | €31,144 | -€4,728 | -13.2% |
| Amounts receivable within one year | 40/41 | €23,770 | €17,340 | -€6,430 | -27.1% |
| Trade receivables | 40 | €7,659 | €6,112 | -€1,547 | -20.2% |
| Other amounts receivable | 41 | €16,112 | €11,228 | -€4,883 | -30.3% |
| Cash at bank and in hand | 54/58 | €9,655 | €10,641 | +€985 | +10.2% |
| Deferred charges and accrued income | 490/1 | €2,447 | €3,163 | +€717 | +29.3% |
| Total equity and liabilities | 10/49 | €36,864 | €82,668 | +€45,804 | +124% |
| Equity | 10/15 | €22,030 | €31,993 | +€9,963 | +45.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,030 | €26,993 | +€9,963 | +58.5% |
| Amounts payable | 17/49 | €14,834 | €50,675 | +€35,842 | +242% |
| Amounts payable within one year | 42/48 | €14,834 | €50,675 | +€35,842 | +242% |
| Trade debts | 44 | €6,407 | €721 | -€5,686 | -88.7% |
| Suppliers | 440/4 | €6,407 | €721 | -€5,686 | -88.7% |
| Taxes, remuneration and social security | 45 | €3,802 | €9,188 | +€5,386 | +142% |
| Taxes | 450/3 | €3,802 | €9,188 | +€5,386 | +142% |
| Other amounts payable | 47/48 | €4,624 | €40,766 | +€36,142 | +782% |
| Non-recurring operating income | 76A | €3,419 | - | -€3,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €501 | = | 0.0% |
| Other operating charges | 640/8 | €919 | €868 | -€51 | -5.6% |
| Gross operating margin | 9900 | -€1,217 | €15,613 | +€16,830 | |
| Operating profit (loss) | 9901 | -€2,637 | €14,245 | +€16,881 | |
| Financial income | 75/76B | €0 | €2 | +€1 | +479% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +479% |
| Financial charges | 65/66B | €566 | €145 | -€421 | -74.4% |
| Recurring financial charges | 65 | €566 | €145 | -€421 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,203 | €14,101 | +€17,304 | |
| Income taxes | 67/77 | €230 | €4,139 | +€3,908 | +1,699% |
| Profit (loss) for the period | 9904 | -€3,433 | €9,963 | +€13,396 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,433 | €9,963 | +€13,396 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.