COTE CEDRIC: 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.
COTE CEDRIC
Largest movements
- Cash +€100,601
up €100,601 (+211%), from €47,625 to €148,226
mainly Other debts (+€51,351) and Depreciation (+€40,666)
- Tangible fixed assets -€34,507
down €34,507 (-23.6%), from €145,956 to €111,449
of which Furniture and vehicles: -€30,340
- Stocks and contracts +€8,433
up €8,433 (+19.2%), from €43,908 to €52,341
- Other debts +€51,351
up €51,351 (+444%), from €11,560 to €62,911
- Profit (loss) carried forward +€33,817
up €33,817 (+23.5%), from €143,873 to €177,690
- Debts after one year -€15,123
down €15,123 (-52.0%), from €29,087 to €13,964
- Trade debts +€5,101
up €5,101 (+52.3%), from €9,759 to €14,860
- Gross operating margin +€50,897
up €50,897 (+56.2%), from €90,600 to €141,497
- Taxes +€16,715
up €16,715 (+1,065%), from €1,569 to €18,284
- Staff costs +€10,191
up €10,191 (+34.0%), from €30,000 to €40,191
- Financial charges +€1,842
up €1,842 (+46.8%), from €3,933 to €5,775
of which Financial charges: +€1,210
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 | €247,861 | €323,201 | +€75,340 | +30.4% |
| Fixed assets | 21/28 | €145,956 | €111,449 | -€34,507 | -23.6% |
| Tangible fixed assets | 22/27 | €145,956 | €111,449 | -€34,507 | -23.6% |
| Land and buildings | 22 | €56,649 | €49,832 | -€6,817 | -12.0% |
| Plant, machinery and equipment | 23 | €8,180 | €10,830 | +€2,650 | +32.4% |
| Furniture and vehicles | 24 | €81,127 | €50,787 | -€30,340 | -37.4% |
| Current assets | 29/58 | €101,905 | €211,752 | +€109,847 | +108% |
| Stocks and contracts in progress | 3 | €43,908 | €52,341 | +€8,433 | +19.2% |
| Stocks | 30/36 | €43,908 | €52,341 | +€8,433 | +19.2% |
| Amounts receivable within one year | 40/41 | €7,367 | €7,337 | -€30 | -0.4% |
| Trade receivables | 40 | €2,715 | €1,798 | -€917 | -33.8% |
| Other amounts receivable | 41 | €4,652 | €5,539 | +€887 | +19.1% |
| Cash at bank and in hand | 54/58 | €47,625 | €148,226 | +€100,601 | +211% |
| Deferred charges and accrued income | 490/1 | €3,005 | €3,848 | +€843 | +28.1% |
| Total equity and liabilities | 10/49 | €247,861 | €323,201 | +€75,340 | +30.4% |
| Equity | 10/15 | €180,148 | €213,965 | +€33,817 | +18.8% |
| Reserves | 13 | €36,275 | €36,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,816 | €20,816 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,816 | €20,816 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,459 | €15,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,873 | €177,690 | +€33,817 | +23.5% |
| Amounts payable | 17/49 | €67,713 | €109,236 | +€41,523 | +61.3% |
| Amounts payable after more than one year | 17 | €29,087 | €13,964 | -€15,123 | -52.0% |
| Financial debts | 170/4 | €29,087 | €13,964 | -€15,123 | -52.0% |
| Amounts payable within one year | 42/48 | €37,776 | €94,444 | +€56,668 | +150% |
| Current portion of amounts payable after more than one year | 42 | €15,009 | €15,123 | +€114 | +0.8% |
| Trade debts | 44 | €9,759 | €14,860 | +€5,101 | +52.3% |
| Suppliers | 440/4 | €9,759 | €14,860 | +€5,101 | +52.3% |
| Taxes, remuneration and social security | 45 | €1,448 | €1,550 | +€102 | +7.0% |
| Taxes | 450/3 | €1,448 | €1,200 | -€248 | -17.1% |
| Remuneration and social security | 454/9 | - | €350 | +€350 | |
| Other amounts payable | 47/48 | €11,560 | €62,911 | +€51,351 | +444% |
| Accrued charges and deferred income | 492/3 | €850 | €828 | -€22 | -2.6% |
| Remuneration, social security and pensions | 62 | €30,000 | €40,191 | +€10,191 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,229 | €40,666 | +€437 | +1.1% |
| Other operating charges | 640/8 | €2,501 | €3,535 | +€1,034 | +41.3% |
| Non-recurring operating charges | 66A | €1,719 | - | -€1,719 | |
| Gross operating margin | 9900 | €90,600 | €141,497 | +€50,897 | +56.2% |
| Operating profit (loss) | 9901 | €16,151 | €57,105 | +€40,954 | +254% |
| Financial income | 75/76B | €689 | €771 | +€82 | +11.9% |
| Recurring financial income | 75 | €689 | €771 | +€82 | +11.9% |
| Financial charges | 65/66B | €3,933 | €5,775 | +€1,842 | +46.8% |
| Recurring financial charges | 65 | €3,933 | €5,143 | +€1,210 | +30.8% |
| Non-recurring financial charges | 66B | - | €632 | +€632 | |
| Profit (loss) for the period before taxes | 9903 | €12,907 | €52,101 | +€39,194 | +304% |
| Income taxes | 67/77 | €1,569 | €18,284 | +€16,715 | +1,065% |
| Profit (loss) for the period | 9904 | €11,338 | €33,817 | +€22,479 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €11,338 | €33,817 | +€22,479 | +198% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.