CEDROLE: 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.
CEDROLE
Largest movements
- Deferred charges and accrued income -€10,300
no longer reported in 2024 (was €10,300)
- Cash -€6,259
down €6,259 (-57.3%), from €10,923 to €4,664
mainly Net result for the year (-€12,141) and Tax, wage and social debts (-€2,457)
- Profit (loss) carried forward -€12,141
down €12,141, from €1,500 to -€10,642
- Tax, wage and social debts -€2,457
down €2,457 (-84.3%), from €2,914 to €457
of which Remuneration and social security: -€1,641
- Advances received -€1,911
down €1,911 (-12.3%), from €15,495 to €13,584
- Gross operating margin -€5,674
down €5,674 (-120.4%), from -€4,713 to -€10,387
- Other operating charges +€1,310
new in 2024: €1,310
- Financial charges -€803
down €803 (-65.5%), from €1,226 to €423
- Depreciation -€251
down €251 (-83.6%), from €300 to €49
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,408 | €4,960 | -€16,449 | -76.8% |
| Fixed assets | 21/28 | €49 | - | -€49 | |
| Tangible fixed assets | 22/27 | €49 | - | -€49 | |
| Furniture and vehicles | 24 | €49 | - | -€49 | |
| Current assets | 29/58 | €21,359 | €4,960 | -€16,400 | -76.8% |
| Amounts receivable within one year | 40/41 | €136 | €296 | +€160 | +117.3% |
| Other amounts receivable | 41 | €136 | €296 | +€160 | +117.3% |
| Cash at bank and in hand | 54/58 | €10,923 | €4,664 | -€6,259 | -57.3% |
| Deferred charges and accrued income | 490/1 | €10,300 | - | -€10,300 | |
| Total equity and liabilities | 10/49 | €21,408 | €4,960 | -€16,449 | -76.8% |
| Equity | 10/15 | €3,000 | -€9,142 | -€12,141 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,500 | -€10,642 | -€12,141 | |
| Amounts payable | 17/49 | €18,409 | €14,101 | -€4,307 | -23.4% |
| Amounts payable within one year | 42/48 | €18,409 | €14,101 | -€4,307 | -23.4% |
| Trade debts | 44 | - | €61 | +€61 | |
| Suppliers | 440/4 | - | €61 | +€61 | |
| Advances received on contracts in progress | 46 | €15,495 | €13,584 | -€1,911 | -12.3% |
| Taxes, remuneration and social security | 45 | €2,914 | €457 | -€2,457 | -84.3% |
| Taxes | 450/3 | €1,273 | €457 | -€816 | -64.1% |
| Remuneration and social security | 454/9 | €1,641 | - | -€1,641 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €49 | -€251 | -83.6% |
| Other operating charges | 640/8 | - | €1,310 | +€1,310 | |
| Gross operating margin | 9900 | -€4,713 | -€10,387 | -€5,674 | -120.4% |
| Operating profit (loss) | 9901 | -€5,013 | -€11,747 | -€6,733 | -134.3% |
| Financial income | 75/76B | €17 | €28 | +€11 | +63.7% |
| Recurring financial income | 75 | €17 | €28 | +€11 | +63.7% |
| Financial charges | 65/66B | €1,226 | €423 | -€803 | -65.5% |
| Recurring financial charges | 65 | €1,226 | €423 | -€803 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,222 | -€12,141 | -€5,920 | -95.1% |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | -€6,227 | -€12,141 | -€5,915 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,227 | -€12,141 | -€5,915 | -95.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.