CDU Management: 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.
CDU Management
Largest movements
- Cash +€74,673
up €74,673 (+167.5%), from €44,576 to €119,250
mainly Net result for the year (+€115,273) and Tax, wage and social debts (+€15,091)
- Receivables within one year +€35,174
up €35,174 (+65.1%), from €54,037 to €89,211
of which Other amounts receivable: +€33,706
- Profit (loss) carried forward +€115,273
up €115,273 (+215.4%), from €53,504 to €168,776
- Other debts -€18,000
no longer reported in 2025 (was €18,000)
- Tax, wage and social debts +€15,091
up €15,091 (+60.0%), from €25,131 to €40,222
- Gross operating margin +€56,944
up €56,944 (+64.9%), from €87,683 to €144,627
- Taxes +€13,933
up €13,933 (+78.2%), from €17,827 to €31,760
- Financial income +€1,809
up €1,809 (+90.1%), from €2,008 to €3,818
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.
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 | €101,087 | €212,815 | +€111,728 | +110.5% |
| Fixed assets | 21/28 | €1,064 | €2,945 | +€1,881 | +176.8% |
| Tangible fixed assets | 22/27 | €1,010 | €2,890 | +€1,881 | +186.3% |
| Furniture and vehicles | 24 | €1,010 | €2,890 | +€1,881 | +186.3% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €100,023 | €209,870 | +€109,847 | +109.8% |
| Amounts receivable within one year | 40/41 | €54,037 | €89,211 | +€35,174 | +65.1% |
| Trade receivables | 40 | €2,350 | €3,818 | +€1,468 | +62.5% |
| Other amounts receivable | 41 | €51,687 | €85,393 | +€33,706 | +65.2% |
| Cash at bank and in hand | 54/58 | €44,576 | €119,250 | +€74,673 | +167.5% |
| Deferred charges and accrued income | 490/1 | €1,410 | €1,410 | = | 0.0% |
| Total equity and liabilities | 10/49 | €101,087 | €212,815 | +€111,728 | +110.5% |
| Equity | 10/15 | €55,504 | €170,776 | +€115,273 | +207.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,504 | €168,776 | +€115,273 | +215.4% |
| Amounts payable | 17/49 | €45,583 | €42,039 | -€3,545 | -7.8% |
| Amounts payable within one year | 42/48 | €45,583 | €42,039 | -€3,545 | -7.8% |
| Trade debts | 44 | €2,452 | €1,817 | -€636 | -25.9% |
| Suppliers | 440/4 | €2,452 | €1,817 | -€636 | -25.9% |
| Taxes, remuneration and social security | 45 | €25,131 | €40,222 | +€15,091 | +60.0% |
| Taxes | 450/3 | €25,131 | €40,222 | +€15,091 | +60.0% |
| Other amounts payable | 47/48 | €18,000 | - | -€18,000 | |
| Remuneration, social security and pensions | 62 | - | €31 | +€31 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €853 | +€363 | +73.9% |
| Other operating charges | 640/8 | €387 | €404 | +€17 | +4.3% |
| Gross operating margin | 9900 | €87,683 | €144,627 | +€56,944 | +64.9% |
| Operating profit (loss) | 9901 | €86,805 | €143,339 | +€56,535 | +65.1% |
| Financial income | 75/76B | €2,008 | €3,818 | +€1,809 | +90.1% |
| Recurring financial income | 75 | €2,008 | €3,818 | +€1,809 | +90.1% |
| Financial charges | 65/66B | €52 | €125 | +€73 | +140.0% |
| Recurring financial charges | 65 | €52 | €125 | +€73 | +140.0% |
| Profit (loss) for the period before taxes | 9903 | €88,761 | €147,033 | +€58,271 | +65.6% |
| Income taxes | 67/77 | €17,827 | €31,760 | +€13,933 | +78.2% |
| Profit (loss) for the period | 9904 | €70,934 | €115,273 | +€44,338 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,934 | €115,273 | +€44,338 | +62.5% |
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 8 October 2026 via checked.be.