CEDMONS: 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.
CEDMONS
Largest movements
- Financial fixed assets +€7,105
up €7,105 (+24.6%), from €28,850 to €35,955
- Receivables within one year +€5,730
up €5,730 (+6.9%), from €82,576 to €88,306
of which Trade receivables: +€35,364
- Tangible fixed assets -€1,986
down €1,986 (-23.0%), from €8,623 to €6,637
of which Furniture and vehicles: -€1,115
- Other debts +€6,038
up €6,038 (+26.1%), from €23,111 to €29,149
- Trade debts +€3,798
up €3,798 (+197%), from €1,927 to €5,726
- Tax, wage and social debts +€2,535
up €2,535 (+247%), from €1,026 to €3,561
- Profit (loss) carried forward -€2,154
down €2,154 (-7.1%), from -€30,394 to -€32,548
- Gross operating margin +€12,589
up €12,589, from -€11,228 to €1,361
- Other operating charges +€695
up €695 (+124%), from €560 to €1,255
- Depreciation +€677
up €677 (+51.7%), from €1,310 to €1,986
- Financial charges +€118
up €118 (+76.3%), from €155 to €274
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,671 | €130,898 | +€10,227 | +8.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €37,473 | €42,592 | +€5,119 | +13.7% |
| Tangible fixed assets | 22/27 | €8,623 | €6,637 | -€1,986 | -23.0% |
| Plant, machinery and equipment | 23 | €3,741 | €2,870 | -€871 | -23.3% |
| Furniture and vehicles | 24 | €4,882 | €3,767 | -€1,115 | -22.8% |
| Financial fixed assets | 28 | €28,850 | €35,955 | +€7,105 | +24.6% |
| Current assets | 29/58 | €83,198 | €88,306 | +€5,109 | +6.1% |
| Amounts receivable within one year | 40/41 | €82,576 | €88,306 | +€5,730 | +6.9% |
| Trade receivables | 40 | €16,788 | €52,152 | +€35,364 | +211% |
| Other amounts receivable | 41 | €65,789 | €36,155 | -€29,634 | -45.0% |
| Cash at bank and in hand | 54/58 | €621 | - | -€621 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €120,671 | €130,898 | +€10,227 | +8.5% |
| Equity | 10/15 | €94,606 | €92,452 | -€2,154 | -2.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,394 | -€32,548 | -€2,154 | -7.1% |
| Amounts payable | 17/49 | €26,065 | €38,447 | +€12,382 | +47.5% |
| Amounts payable within one year | 42/48 | €26,065 | €38,447 | +€12,382 | +47.5% |
| Financial debts | 43 | €0 | €10 | +€10 | |
| Credit institutions | 430/8 | €0 | €10 | +€10 | |
| Trade debts | 44 | €1,927 | €5,726 | +€3,798 | +197% |
| Suppliers | 440/4 | €1,927 | €5,726 | +€3,798 | +197% |
| Taxes, remuneration and social security | 45 | €1,026 | €3,561 | +€2,535 | +247% |
| Taxes | 450/3 | €1,026 | €3,561 | +€2,535 | +247% |
| Other amounts payable | 47/48 | €23,111 | €29,149 | +€6,038 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,310 | €1,986 | +€677 | +51.7% |
| Other operating charges | 640/8 | €560 | €1,255 | +€695 | +124% |
| Gross operating margin | 9900 | -€11,228 | €1,361 | +€12,589 | |
| Operating profit (loss) | 9901 | -€13,098 | -€1,881 | +€11,217 | +85.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €155 | €274 | +€118 | +76.3% |
| Recurring financial charges | 65 | €155 | €274 | +€118 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,253 | -€2,154 | +€11,099 | +83.7% |
| Profit (loss) for the period | 9904 | -€13,253 | -€2,154 | +€11,099 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,253 | -€2,154 | +€11,099 | +83.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.