ASSU CORDIER: what changed
ASSU CORDIER
Largest movements
- Receivables within one year +€18,165
up €18,165 (+51.9%), from €35,000 to €53,165
- Deferred charges and accrued income -€4,326
down €4,326 (-100%), from €4,326 to €0
- Cash -€3,852
down €3,852 (-100%), from €3,852 to €0
mainly Receivables within one year (-€18,165) and Trade debts (-€3,280)
- Tangible fixed assets -€823
down €823 (-44.6%), from €1,847 to €1,024
of which Furniture and vehicles: -€466
- Short-term financial debts +€9,502
up €9,502, from €0 to €9,502
- Other debts +€4,276
up €4,276 (+5.5%), from €77,908 to €82,184
- Trade debts -€3,280
down €3,280 (-44.0%), from €7,449 to €4,169
- Profit (loss) carried forward -€1,581
down €1,581 (-3.8%), from -€41,689 to -€43,270
- Gross operating margin +€3,340
up €3,340 (+1,766%), from €189 to €3,529
- Other operating charges +€1,141
up €1,141 (+212%), from €538 to €1,680
- Financial charges -€646
down €646 (-21.5%), from €3,007 to €2,361
- Depreciation -€195
down €195 (-19.2%), from €1,019 to €823
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,025 | €54,189 | +€9,164 | +20.4% |
| Fixed assets | 21/28 | €1,847 | €1,024 | -€823 | -44.6% |
| Tangible fixed assets | 22/27 | €1,847 | €1,024 | -€823 | -44.6% |
| Plant, machinery and equipment | 23 | €1,123 | €766 | -€357 | -31.8% |
| Furniture and vehicles | 24 | €725 | €258 | -€466 | -64.4% |
| Current assets | 29/58 | €43,178 | €53,165 | +€9,987 | +23.1% |
| Amounts receivable within one year | 40/41 | €35,000 | €53,165 | +€18,165 | +51.9% |
| Trade receivables | 40 | €35,000 | €53,165 | +€18,165 | +51.9% |
| Cash at bank and in hand | 54/58 | €3,852 | €0 | -€3,852 | -100% |
| Deferred charges and accrued income | 490/1 | €4,326 | €0 | -€4,326 | -100% |
| Total equity and liabilities | 10/49 | €45,025 | €54,189 | +€9,164 | +20.4% |
| Equity | 10/15 | -€40,589 | -€42,170 | -€1,581 | -3.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,689 | -€43,270 | -€1,581 | -3.8% |
| Amounts payable | 17/49 | €85,614 | €96,359 | +€10,745 | +12.6% |
| Amounts payable within one year | 42/48 | €85,614 | €96,359 | +€10,745 | +12.6% |
| Financial debts | 43 | €0 | €9,502 | +€9,502 | |
| Credit institutions | 430/8 | €0 | €9,502 | +€9,502 | |
| Trade debts | 44 | €7,449 | €4,169 | -€3,280 | -44.0% |
| Suppliers | 440/4 | €7,449 | €4,169 | -€3,280 | -44.0% |
| Taxes, remuneration and social security | 45 | €258 | €504 | +€246 | +95.6% |
| Taxes | 450/3 | €258 | €504 | +€246 | +95.6% |
| Other amounts payable | 47/48 | €77,908 | €82,184 | +€4,276 | +5.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,019 | €823 | -€195 | -19.2% |
| Other operating charges | 640/8 | €538 | €1,680 | +€1,141 | +212% |
| Gross operating margin | 9900 | €189 | €3,529 | +€3,340 | +1,766% |
| Operating profit (loss) | 9901 | -€1,368 | €1,026 | +€2,394 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €3,007 | €2,361 | -€646 | -21.5% |
| Recurring financial charges | 65 | €3,007 | €2,361 | -€646 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,374 | -€1,335 | +€3,039 | +69.5% |
| Income taxes | 67/77 | €258 | €246 | -€11 | -4.4% |
| Profit (loss) for the period | 9904 | -€4,632 | -€1,581 | +€3,051 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,632 | -€1,581 | +€3,051 | +65.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.