CEDRIC.NET: what changed
Two fiscal 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.
CEDRIC.NET
Largest movements
- Cash +€34,781
up €34,781 (+196.4%), from €17,707 to €52,488
mainly Other debts (+€27,550) and Net result for the year (+€18,902)
- Tangible fixed assets -€11,900
down €11,900 (-36.2%), from €32,902 to €21,002
- Receivables within one year +€1,831
up €1,831 (+6.0%), from €30,518 to €32,350
of which Other amounts receivable: +€10,886
- Other debts +€27,550
new in 2025: €27,550
- Reserves -€10,500
down €10,500 (-23.6%), from €44,413 to €33,913
of which Distributable reserves: -€8,640
- Tax, wage and social debts +€7,219
up €7,219 (+31.5%), from €22,904 to €30,123
of which Taxes: +€6,662
- Gross operating margin +€27,429
up €27,429 (+29.4%), from €93,428 to €120,857
- Taxes +€5,303
up €5,303 (+1502.6%), from €353 to €5,655
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,537 | €112,353 | +€24,816 | +28.3% |
| Fixed assets | 21/28 | €32,927 | €21,027 | -€11,900 | -36.1% |
| Tangible fixed assets | 22/27 | €32,902 | €21,002 | -€11,900 | -36.2% |
| Furniture and vehicles | 24 | €32,902 | €21,002 | -€11,900 | -36.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €54,610 | €91,326 | +€36,716 | +67.2% |
| Amounts receivable within one year | 40/41 | €30,518 | €32,350 | +€1,831 | +6.0% |
| Trade receivables | 40 | €23,363 | €14,308 | -€9,054 | -38.8% |
| Other amounts receivable | 41 | €7,156 | €18,041 | +€10,886 | +152.1% |
| Cash at bank and in hand | 54/58 | €17,707 | €52,488 | +€34,781 | +196.4% |
| Deferred charges and accrued income | 490/1 | €6,385 | €6,489 | +€103 | +1.6% |
| Total equity and liabilities | 10/49 | €87,537 | €112,353 | +€24,816 | +28.3% |
| Equity | 10/15 | €56,631 | €46,534 | -€10,098 | -17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,413 | €33,913 | -€10,500 | -23.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €42,553 | €33,913 | -€8,640 | -20.3% |
| Profit (loss) carried forward | 14 | €6,018 | €6,420 | +€402 | +6.7% |
| Amounts payable | 17/49 | €30,906 | €65,820 | +€34,914 | +113.0% |
| Amounts payable within one year | 42/48 | €30,906 | €64,947 | +€34,042 | +110.1% |
| Trade debts | 44 | €8,002 | €7,275 | -€727 | -9.1% |
| Suppliers | 440/4 | €8,002 | €7,275 | -€727 | -9.1% |
| Taxes, remuneration and social security | 45 | €22,904 | €30,123 | +€7,219 | +31.5% |
| Taxes | 450/3 | €9,829 | €16,492 | +€6,662 | +67.8% |
| Remuneration and social security | 454/9 | €13,074 | €13,631 | +€557 | +4.3% |
| Other amounts payable | 47/48 | - | €27,550 | +€27,550 | |
| Accrued charges and deferred income | 492/3 | - | €872 | +€872 | |
| Remuneration, social security and pensions | 62 | €83,403 | €83,494 | +€91 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,626 | €11,900 | -€726 | -5.7% |
| Other operating charges | 640/8 | €953 | €572 | -€381 | -40.0% |
| Gross operating margin | 9900 | €93,428 | €120,857 | +€27,429 | +29.4% |
| Operating profit (loss) | 9901 | -€3,554 | €24,891 | +€28,445 | |
| Financial income | 75/76B | €27 | €0 | -€27 | -100.0% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -100.0% |
| Financial charges | 65/66B | €210 | €333 | +€123 | +58.7% |
| Recurring financial charges | 65 | €210 | €333 | +€123 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,737 | €24,558 | +€28,294 | |
| Income taxes | 67/77 | €353 | €5,655 | +€5,303 | +1502.6% |
| Profit (loss) for the period | 9904 | -€4,090 | €18,902 | +€22,992 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,090 | €18,902 | +€22,992 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.