CIDEC: 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.
What changed
CIDEC
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€209,776
2024 · €124,392+€85,384
Equity
€1.6m
2024 · €1.4m+€209,776
Cash
€250,000
2024 · €250,000
Balance sheet total
€8.7m
2024 · €8.8m-€58,639
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts -€277,960
down €277,960 (-3.9%), from €7.2m to €6.9m
- Profit (loss) carried forward +€209,776
up €209,776 (+24.3%), from €863,310 to €1.1m
Income statement
- Financial charges -€125,116
down €125,116 (-30.5%), from €409,934 to €284,818
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.
Result 2024
€124,392
Depreciation
+€1,954
Other operating charges
-€21,576
Other operating items
+€9,088
Financial charges
+€125,116
Taxes
-€29,198
Result 2025
€209,776
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.
From operations
+€470,495
Investment
-€470,495
Financing
€0
Cash 2024
€250,000
From operations (derived)
+€470,495
Net result for the year
+€209,776
Depreciation
+€516,157
Receivables within one year
+€12,977
Trade debts
-€20,226
Tax, wage and social debts
+€19,000
Other debts
-€277,960
Accrued charges and deferred income
+€10,771
Investment (derived)
-€470,495
Investment in fixed assets (net)
-€470,495
Cash 2025
€250,000
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,767,272 | €8,708,633 | -€58,639 | -0.7% |
| Fixed assets | 21/28 | €8,486,925 | €8,441,263 | -€45,662 | -0.5% |
| Tangible fixed assets | 22/27 | €8,480,925 | €8,435,263 | -€45,662 | -0.5% |
| Land and buildings | 22 | €8,331,197 | €8,364,504 | +€33,307 | +0.4% |
| Plant, machinery and equipment | 23 | €149,728 | €70,759 | -€78,969 | -52.7% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €280,347 | €267,370 | -€12,977 | -4.6% |
| Amounts receivable within one year | 40/41 | €30,347 | €17,370 | -€12,977 | -42.8% |
| Trade receivables | 40 | €3,465 | €3,669 | +€204 | +5.9% |
| Other amounts receivable | 41 | €26,882 | €13,701 | -€13,181 | -49.0% |
| Cash at bank and in hand | 54/58 | €250,000 | €250,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,767,272 | €8,708,633 | -€58,639 | -0.7% |
| Equity | 10/15 | €1,413,745 | €1,623,521 | +€209,776 | +14.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €487,935 | €487,935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €481,685 | €481,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | €863,310 | €1,073,086 | +€209,776 | +24.3% |
| Amounts payable | 17/49 | €7,353,527 | €7,085,112 | -€268,415 | -3.7% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,231,794 | €6,952,608 | -€279,186 | -3.9% |
| Trade debts | 44 | €21,080 | €854 | -€20,226 | -95.9% |
| Suppliers | 440/4 | €21,080 | €854 | -€20,226 | -95.9% |
| Taxes, remuneration and social security | 45 | €11,465 | €30,465 | +€19,000 | +165.7% |
| Taxes | 450/3 | €11,465 | €30,465 | +€19,000 | +165.7% |
| Other amounts payable | 47/48 | €7,199,249 | €6,921,289 | -€277,960 | -3.9% |
| Accrued charges and deferred income | 492/3 | €118,733 | €129,504 | +€10,771 | +9.1% |
| Operating income | 70/76A | €1,264,020 | €1,264,020 | = | 0.0% |
| Other operating income | 74 | €1,264,020 | €1,264,020 | = | 0.0% |
| Operating charges | 60/66A | €671,547 | €682,081 | +€10,534 | +1.6% |
| Services and other goods | 61 | €27,107 | €18,019 | -€9,088 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €518,111 | €516,157 | -€1,954 | -0.4% |
| Other operating charges | 640/8 | €126,329 | €147,905 | +€21,576 | +17.1% |
| Operating profit (loss) | 9901 | €592,473 | €581,939 | -€10,534 | -1.8% |
| Financial charges | 65/66B | €409,934 | €284,818 | -€125,116 | -30.5% |
| Recurring financial charges | 65 | €409,934 | €284,818 | -€125,116 | -30.5% |
| Debt charges | 650 | €409,313 | €284,195 | -€125,118 | -30.6% |
| Other financial charges | 652/9 | €621 | €623 | +€2 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €182,539 | €297,121 | +€114,582 | +62.8% |
| Income taxes | 67/77 | €58,147 | €87,345 | +€29,198 | +50.2% |
| Taxes | 670/3 | €58,147 | €87,345 | +€29,198 | +50.2% |
| Profit (loss) for the period | 9904 | €124,392 | €209,776 | +€85,384 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,392 | €209,776 | +€85,384 | +68.6% |
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 5 October 2026 via checked.be.