CedricFM: 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.
CedricFM
Largest movements
- Receivables within one year -€7,232
down €7,232 (-11.1%), from €64,883 to €57,651
of which Trade receivables: -€4,121
- Tangible fixed assets -€3,176
down €3,176 (-9.1%), from €34,748 to €31,572
of which Furniture and vehicles: -€3,387
- Cash +€2,803
up €2,803 (+22.6%), from €12,417 to €15,220
mainly Depreciation (+€8,196) and Receivables within one year (+€7,232)
- Tax, wage and social debts -€9,831
down €9,831 (-53.9%), from €18,226 to €8,395
of which Taxes: -€11,460
- Profit (loss) carried forward +€3,938
up €3,938 (+7.7%), from €50,965 to €54,903
- Gross operating margin +€375
up €375 (+2.5%), from €15,230 to €15,605
- Financial charges +€312
up €312 (+31.4%), from €995 to €1,307
- Taxes -€192
down €192 (-8.4%), from €2,284 to €2,092
- Depreciation +€178
up €178 (+2.2%), from €8,018 to €8,196
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.
Derived cash bridge
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 | €112,119 | €104,512 | -€7,607 | -6.8% |
| Fixed assets | 21/28 | €34,813 | €31,637 | -€3,176 | -9.1% |
| Tangible fixed assets | 22/27 | €34,748 | €31,572 | -€3,176 | -9.1% |
| Plant, machinery and equipment | 23 | €5,139 | €4,357 | -€783 | -15.2% |
| Furniture and vehicles | 24 | €8,077 | €4,690 | -€3,387 | -41.9% |
| Other tangible fixed assets | 26 | €21,531 | €22,525 | +€994 | +4.6% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €77,306 | €72,875 | -€4,431 | -5.7% |
| Amounts receivable within one year | 40/41 | €64,883 | €57,651 | -€7,232 | -11.1% |
| Trade receivables | 40 | €18,898 | €14,777 | -€4,121 | -21.8% |
| Other amounts receivable | 41 | €45,985 | €42,874 | -€3,111 | -6.8% |
| Cash at bank and in hand | 54/58 | €12,417 | €15,220 | +€2,803 | +22.6% |
| Deferred charges and accrued income | 490/1 | €5 | €4 | -€2 | -29.5% |
| Total equity and liabilities | 10/49 | €112,119 | €104,512 | -€7,607 | -6.8% |
| Equity | 10/15 | €57,165 | €61,103 | +€3,938 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,965 | €54,903 | +€3,938 | +7.7% |
| Amounts payable | 17/49 | €54,953 | €43,409 | -€11,544 | -21.0% |
| Amounts payable within one year | 42/48 | €54,953 | €43,409 | -€11,544 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €2,325 | €1,352 | -€972 | -41.8% |
| Trade debts | 44 | €9,403 | €8,662 | -€741 | -7.9% |
| Suppliers | 440/4 | €9,403 | €8,662 | -€741 | -7.9% |
| Taxes, remuneration and social security | 45 | €18,226 | €8,395 | -€9,831 | -53.9% |
| Taxes | 450/3 | €18,226 | €6,766 | -€11,460 | -62.9% |
| Remuneration and social security | 454/9 | - | €1,629 | +€1,629 | |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,018 | €8,196 | +€178 | +2.2% |
| Other operating charges | 640/8 | - | €80 | +€80 | |
| Gross operating margin | 9900 | €15,230 | €15,605 | +€375 | +2.5% |
| Operating profit (loss) | 9901 | €7,147 | €7,329 | +€183 | +2.6% |
| Financial income | 75/76B | €0 | €7 | +€7 | +73,400% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +73,400% |
| Financial charges | 65/66B | €995 | €1,307 | +€312 | +31.4% |
| Recurring financial charges | 65 | €995 | €1,307 | +€312 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €6,152 | €6,030 | -€122 | -2.0% |
| Income taxes | 67/77 | €2,284 | €2,092 | -€192 | -8.4% |
| Profit (loss) for the period | 9904 | €3,868 | €3,938 | +€70 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,868 | €3,938 | +€70 | +1.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.