CEDIRpro: what changed
CEDIRpro
Largest movements
- Tangible fixed assets +€39,240
up €39,240 (+82.9%), from €47,309 to €86,549
of which Furniture and vehicles: +€44,428
- Intangible fixed assets -€36,500
down €36,500 (-28.1%), from €129,792 to €93,292
- Cash -€15,170
down €15,170 (-30.8%), from €49,229 to €34,059
mainly Investment in fixed assets (net) (-€60,434) and Other debts (-€39,753)
- Receivables within one year -€5,890
down €5,890 (-8.4%), from €70,138 to €64,248
of which Trade receivables: -€6,399
- Other debts -€39,753
down €39,753 (-18.1%), from €219,669 to €179,916
- Debts after one year +€29,931
up €29,931, from €0 to €29,931
- Profit (loss) carried forward -€26,391
down €26,391 (-50.3%), from €52,448 to €26,057
- Current portion of long-term debt +€8,860
up €8,860, from €0 to €8,860
- Tax, wage and social debts +€5,188
up €5,188 (+26.4%), from €19,669 to €24,856
of which Taxes: +€4,585
- Gross operating margin -€105,400
down €105,400 (-72.2%), from €145,971 to €40,571
- Depreciation -€15,170
down €15,170 (-20.8%), from €72,864 to €57,694
- Taxes -€14,992
down €14,992 (-97.6%), from €15,361 to €369
- Financial charges +€5,103
up €5,103 (+529%), from €965 to €6,068
- Other operating charges -€1,602
down €1,602 (-37.2%), from €4,309 to €2,708
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 | €301,959 | €284,326 | -€17,633 | -5.8% |
| Fixed assets | 21/28 | €177,101 | €179,841 | +€2,740 | +1.5% |
| Intangible fixed assets | 21 | €129,792 | €93,292 | -€36,500 | -28.1% |
| Tangible fixed assets | 22/27 | €47,309 | €86,549 | +€39,240 | +82.9% |
| Land and buildings | 22 | €4,521 | €2,771 | -€1,750 | -38.7% |
| Plant, machinery and equipment | 23 | €8,880 | €5,443 | -€3,438 | -38.7% |
| Furniture and vehicles | 24 | €33,908 | €78,336 | +€44,428 | +131% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €124,858 | €104,485 | -€20,373 | -16.3% |
| Amounts receivable within one year | 40/41 | €70,138 | €64,248 | -€5,890 | -8.4% |
| Trade receivables | 40 | €70,138 | €63,739 | -€6,399 | -9.1% |
| Other amounts receivable | 41 | €0 | €510 | +€510 | |
| Cash at bank and in hand | 54/58 | €49,229 | €34,059 | -€15,170 | -30.8% |
| Deferred charges and accrued income | 490/1 | €5,491 | €6,177 | +€686 | +12.5% |
| Total equity and liabilities | 10/49 | €301,959 | €284,326 | -€17,633 | -5.8% |
| Equity | 10/15 | €56,448 | €30,057 | -€26,391 | -46.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,448 | €26,057 | -€26,391 | -50.3% |
| Amounts payable | 17/49 | €245,511 | €254,269 | +€8,758 | +3.6% |
| Amounts payable after more than one year | 17 | €0 | €29,931 | +€29,931 | |
| Financial debts | 170/4 | €0 | €29,931 | +€29,931 | |
| Amounts payable within one year | 42/48 | €245,511 | €223,738 | -€21,773 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €8,860 | +€8,860 | |
| Trade debts | 44 | €6,174 | €10,106 | +€3,932 | +63.7% |
| Suppliers | 440/4 | €6,174 | €10,106 | +€3,932 | +63.7% |
| Taxes, remuneration and social security | 45 | €19,669 | €24,856 | +€5,188 | +26.4% |
| Taxes | 450/3 | €19,669 | €24,253 | +€4,585 | +23.3% |
| Remuneration and social security | 454/9 | €0 | €603 | +€603 | |
| Other amounts payable | 47/48 | €219,669 | €179,916 | -€39,753 | -18.1% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €28 | €126 | +€98 | +353% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,864 | €57,694 | -€15,170 | -20.8% |
| Other operating charges | 640/8 | €4,309 | €2,708 | -€1,602 | -37.2% |
| Gross operating margin | 9900 | €145,971 | €40,571 | -€105,400 | -72.2% |
| Operating profit (loss) | 9901 | €68,770 | -€19,957 | -€88,727 | |
| Financial income | 75/76B | €4 | €3 | -€1 | -20.5% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -20.5% |
| Financial charges | 65/66B | €965 | €6,068 | +€5,103 | +529% |
| Recurring financial charges | 65 | €965 | €6,068 | +€5,103 | +529% |
| Profit (loss) for the period before taxes | 9903 | €67,809 | -€26,022 | -€93,831 | |
| Income taxes | 67/77 | €15,361 | €369 | -€14,992 | -97.6% |
| Profit (loss) for the period | 9904 | €52,448 | -€26,391 | -€78,839 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,448 | -€26,391 | -€78,839 |
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 7 November 2026 via checked.be.