CEDYMED: 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.
CEDYMED
Largest movements
- Receivables within one year +€144,138
up €144,138 (+81.6%), from €176,533 to €320,671
of which Other amounts receivable: +€141,778
- Tangible fixed assets +€39,079
up €39,079 (+199.4%), from €19,596 to €58,675
of which Furniture and vehicles: +€41,162
- Cash +€21,771
up €21,771 (+14.8%), from €147,263 to €169,033
mainly Net result for the year (+€144,089) and Debts after one year (+€31,640)
- Profit (loss) carried forward +€144,089
up €144,089 (+46.5%), from €309,708 to €453,797
- Debts after one year +€31,640
new in 2025: €31,640
- Trade debts +€17,651
up €17,651 (+57.5%), from €30,684 to €48,335
- Current portion of long-term debt +€12,248
new in 2025: €12,248
- Taxes +€19,498
up €19,498 (+69.2%), from €28,174 to €47,672
- Turnover -€9,708
down €9,708 (-4.2%), from €233,148 to €223,440
- Depreciation +€8,684
up €8,684 (+707.8%), from €1,227 to €9,911
- Gross operating margin -€5,656
down €5,656 (-2.7%), from €208,891 to €203,235
- Purchases and services -€4,052
down €4,052 (-16.7%), from €24,257 to €20,205
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 | €343,392 | €549,019 | +€205,627 | +59.9% |
| Fixed assets | 21/28 | €19,596 | €58,675 | +€39,079 | +199.4% |
| Tangible fixed assets | 22/27 | €19,596 | €58,675 | +€39,079 | +199.4% |
| Land and buildings | 22 | €19,596 | €17,514 | -€2,082 | -10.6% |
| Furniture and vehicles | 24 | - | €41,162 | +€41,162 | |
| Current assets | 29/58 | €323,796 | €490,343 | +€166,548 | +51.4% |
| Amounts receivable within one year | 40/41 | €176,533 | €320,671 | +€144,138 | +81.6% |
| Trade receivables | 40 | €37,080 | €39,440 | +€2,360 | +6.4% |
| Other amounts receivable | 41 | €139,453 | €281,231 | +€141,778 | +101.7% |
| Cash at bank and in hand | 54/58 | €147,263 | €169,033 | +€21,771 | +14.8% |
| Deferred charges and accrued income | 490/1 | - | €639 | +€639 | |
| Total equity and liabilities | 10/49 | €343,392 | €549,019 | +€205,627 | +59.9% |
| Equity | 10/15 | €312,708 | €456,797 | +€144,089 | +46.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €309,708 | €453,797 | +€144,089 | +46.5% |
| Amounts payable | 17/49 | €30,684 | €92,222 | +€61,538 | +200.6% |
| Amounts payable after more than one year | 17 | - | €31,640 | +€31,640 | |
| Financial debts | 170/4 | - | €31,640 | +€31,640 | |
| Amounts payable within one year | 42/48 | €30,684 | €60,582 | +€29,899 | +97.4% |
| Current portion of amounts payable after more than one year | 42 | - | €12,248 | +€12,248 | |
| Trade debts | 44 | €30,684 | €48,335 | +€17,651 | +57.5% |
| Suppliers | 440/4 | €30,684 | €48,335 | +€17,651 | +57.5% |
| Turnover | 70 | €233,148 | €223,440 | -€9,708 | -4.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,257 | €20,205 | -€4,052 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,227 | €9,911 | +€8,684 | +707.8% |
| Other operating charges | 640/8 | €80 | €729 | +€649 | +810.3% |
| Gross operating margin | 9900 | €208,891 | €203,235 | -€5,656 | -2.7% |
| Operating profit (loss) | 9901 | €207,584 | €192,595 | -€14,989 | -7.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €67 | €834 | +€767 | +1142.1% |
| Recurring financial charges | 65 | €67 | €834 | +€767 | +1142.1% |
| Profit (loss) for the period before taxes | 9903 | €207,517 | €191,761 | -€15,756 | -7.6% |
| Income taxes | 67/77 | €28,174 | €47,672 | +€19,498 | +69.2% |
| Profit (loss) for the period | 9904 | €179,342 | €144,089 | -€35,254 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €179,342 | €144,089 | -€35,254 | -19.7% |
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 7 October 2026 via checked.be.