CEDRIC ALTER AVOCAT: what changed
What changed
CEDRIC ALTER AVOCAT
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€563,828
2024 · €420,126+€143,703
Equity
€71,951
2024 · €229,661-€157,710
Cash
€221,273
2024 · €80,984+€140,288
Balance sheet total
€1.5m
2024 · €1.2m+€287,976
Largest movements
Assets
- Receivables within one year +€149,139
up €149,139 (+13.3%), from €1.1m to €1.3m
- Cash +€140,288
up €140,288 (+173%), from €80,984 to €221,273
mainly Net result for the year (+€563,828) and Other debts (+€403,804)
Equity and liabilities
- Other debts +€403,804
up €403,804 (+47.8%), from €845,648 to €1.2m
- Reserves -€157,710
down €157,710 (-75.1%), from €210,090 to €52,380
of which Distributable reserves: -€107,190
- Tax, wage and social debts +€35,695
up €35,695 (+21.1%), from €169,025 to €204,720
Income statement
- Gross operating margin +€168,002
up €168,002 (+29.4%), from €572,262 to €740,264
- Taxes +€50,787
up €50,787 (+36.4%), from €139,468 to €190,255
- Financial income +€19,992
up €19,992 (+245,600%), from €8 to €20,000
of which Non-recurring financial income: +€20,000
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.
Result 2024
€420,126
Gross operating margin
+€168,002
Depreciation
-€430
Other operating charges
+€5,398
Financial income
+€19,992
Financial charges
+€1,528
Taxes
-€50,787
Result 2025
€563,828
raises the resultlowers the result
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.
From operations
+€861,841
Investment
€0
Financing
-€721,553
Cash 2024
€80,984
From operations (derived)
+€861,841
Net result for the year
+€563,828
Depreciation
+€2,829
Receivables within one year
-€149,139
Deferred charges and accrued income
-€1,377
Trade debts
+€6,200
Tax, wage and social debts
+€35,695
Other debts
+€403,804
Financing
-€721,553
Current portion of long-term debt
-€14
Contributions, distributions and other
-€721,538
Cash 2025
€221,273
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,248,534 | €1,536,509 | +€287,976 | +23.1% |
| Fixed assets | 21/28 | €48,927 | €46,098 | -€2,829 | -5.8% |
| Tangible fixed assets | 22/27 | €11,427 | €8,598 | -€2,829 | -24.8% |
| Plant, machinery and equipment | 23 | €5,215 | €4,093 | -€1,121 | -21.5% |
| Furniture and vehicles | 24 | €6,212 | €4,505 | -€1,707 | -27.5% |
| Financial fixed assets | 28 | €37,500 | €37,500 | = | 0.0% |
| Current assets | 29/58 | €1,199,607 | €1,490,411 | +€290,804 | +24.2% |
| Amounts receivable within one year | 40/41 | €1,117,930 | €1,267,069 | +€149,139 | +13.3% |
| Trade receivables | 40 | €1,117,930 | €1,267,069 | +€149,139 | +13.3% |
| Cash at bank and in hand | 54/58 | €80,984 | €221,273 | +€140,288 | +173% |
| Deferred charges and accrued income | 490/1 | €692 | €2,070 | +€1,377 | +199% |
| Total equity and liabilities | 10/49 | €1,248,534 | €1,536,509 | +€287,976 | +23.1% |
| Equity | 10/15 | €229,661 | €71,951 | -€157,710 | -68.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,090 | €52,380 | -€157,710 | -75.1% |
| Tax-exempt reserves | 132 | €50,520 | - | -€50,520 | |
| Distributable reserves | 133 | €159,570 | €52,380 | -€107,190 | -67.2% |
| Profit (loss) carried forward | 14 | €971 | €971 | = | 0.0% |
| Amounts payable | 17/49 | €1,018,873 | €1,464,558 | +€445,686 | +43.7% |
| Amounts payable within one year | 42/48 | €1,018,873 | €1,464,558 | +€445,686 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €2,922 | €2,908 | -€14 | -0.5% |
| Trade debts | 44 | €1,277 | €7,478 | +€6,200 | +485% |
| Suppliers | 440/4 | €1,277 | €7,478 | +€6,200 | +485% |
| Taxes, remuneration and social security | 45 | €169,025 | €204,720 | +€35,695 | +21.1% |
| Taxes | 450/3 | €169,025 | €204,720 | +€35,695 | +21.1% |
| Other amounts payable | 47/48 | €845,648 | €1,249,452 | +€403,804 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,399 | €2,829 | +€430 | +17.9% |
| Other operating charges | 640/8 | €6,033 | €635 | -€5,398 | -89.5% |
| Gross operating margin | 9900 | €572,262 | €740,264 | +€168,002 | +29.4% |
| Operating profit (loss) | 9901 | €563,830 | €736,800 | +€172,970 | +30.7% |
| Financial income | 75/76B | €8 | €20,000 | +€19,992 | +245,600% |
| Recurring financial income | 75 | €8 | €20,000 | +€19,992 | +245,600% |
| Non-recurring financial income | 76B | - | €20,000 | +€20,000 | |
| Financial charges | 65/66B | €4,245 | €2,717 | -€1,528 | -36.0% |
| Recurring financial charges | 65 | €4,245 | €2,717 | -€1,528 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €559,593 | €754,083 | +€194,489 | +34.8% |
| Income taxes | 67/77 | €139,468 | €190,255 | +€50,787 | +36.4% |
| Profit (loss) for the period | 9904 | €420,126 | €563,828 | +€143,703 | +34.2% |
| Transfer from tax-exempt reserves | 789 | - | €50,520 | +€50,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €420,126 | €614,348 | +€194,223 | +46.2% |
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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 5 November 2026 via checked.be.