BUREAU CEGEX: 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.
BUREAU CEGEX
Largest movements
- Receivables within one year -€62,189
down €62,189 (-98.0%), from €63,429 to €1,240
- Stocks and contracts +€36,513
up €36,513 (+3.9%), from €932,656 to €969,169
- Tangible fixed assets -€31,450
down €31,450 (-9.6%), from €328,300 to €296,850
of which Furniture and vehicles: -€32,534
- Cash +€23,489
up €23,489 (+8607.0%), from €273 to €23,761
mainly Depreciation (+€160,849) and Receivables within one year (+€62,189)
- Intangible fixed assets -€14,617
down €14,617 (-22.6%), from €64,617 to €50,000
- Debts after one year -€119,024
down €119,024 (-27.0%), from €441,246 to €322,222
of which Financial debts: -€99,024
- Advances received -€69,078
no longer reported in 2024 (was €69,078)
- Profit (loss) carried forward +€57,100
up €57,100 (+91.8%), from €62,197 to €119,297
- Trade debts +€56,425
up €56,425 (+26.2%), from €215,303 to €271,727
- Tax, wage and social debts +€32,157
up €32,157 (+12.8%), from €250,669 to €282,826
of which Taxes: +€44,288
- Gross operating margin +€134,327
up €134,327 (+27.2%), from €494,118 to €628,445
- Depreciation +€74,839
up €74,839 (+87.0%), from €86,010 to €160,849
- Taxes +€15,251
up €15,251 (+132.9%), from €11,478 to €26,729
- Financial charges -€11,384
down €11,384 (-38.9%), from €29,237 to €17,853
- Staff costs +€8,679
up €8,679 (+2.4%), from €364,408 to €373,086
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,389,275 | €1,341,020 | -€48,255 | -3.5% |
| Fixed assets | 21/28 | €392,917 | €346,850 | -€46,067 | -11.7% |
| Intangible fixed assets | 21 | €64,617 | €50,000 | -€14,617 | -22.6% |
| Tangible fixed assets | 22/27 | €328,300 | €296,850 | -€31,450 | -9.6% |
| Land and buildings | 22 | €11,386 | €12,470 | +€1,084 | +9.5% |
| Furniture and vehicles | 24 | €316,914 | €284,380 | -€32,534 | -10.3% |
| Current assets | 29/58 | €996,358 | €994,170 | -€2,188 | -0.2% |
| Stocks and contracts in progress | 3 | €932,656 | €969,169 | +€36,513 | +3.9% |
| Stocks | 30/36 | €932,656 | €969,169 | +€36,513 | +3.9% |
| Amounts receivable within one year | 40/41 | €63,429 | €1,240 | -€62,189 | -98.0% |
| Other amounts receivable | 41 | €63,429 | €1,240 | -€62,189 | -98.0% |
| Cash at bank and in hand | 54/58 | €273 | €23,761 | +€23,489 | +8607.0% |
| Total equity and liabilities | 10/49 | €1,389,275 | €1,341,020 | -€48,255 | -3.5% |
| Equity | 10/15 | €172,847 | €229,947 | +€57,100 | +33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €42,050 | €42,050 | = | 0.0% |
| Distributable reserves | 133 | €42,050 | €42,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,197 | €119,297 | +€57,100 | +91.8% |
| Amounts payable | 17/49 | €1,216,428 | €1,111,073 | -€105,355 | -8.7% |
| Amounts payable after more than one year | 17 | €441,246 | €322,222 | -€119,024 | -27.0% |
| Financial debts | 170/4 | €401,246 | €302,222 | -€99,024 | -24.7% |
| Other amounts payable | 178/9 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts payable within one year | 42/48 | €775,182 | €788,851 | +€13,669 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €224,062 | €224,024 | -€38 | 0.0% |
| Trade debts | 44 | €215,303 | €271,727 | +€56,425 | +26.2% |
| Suppliers | 440/4 | €215,303 | €271,727 | +€56,425 | +26.2% |
| Advances received on contracts in progress | 46 | €69,078 | - | -€69,078 | |
| Taxes, remuneration and social security | 45 | €250,669 | €282,826 | +€32,157 | +12.8% |
| Taxes | 450/3 | €158,634 | €202,922 | +€44,288 | +27.9% |
| Remuneration and social security | 454/9 | €92,035 | €79,904 | -€12,131 | -13.2% |
| Other amounts payable | 47/48 | €16,071 | €10,274 | -€5,797 | -36.1% |
| Non-recurring operating income | 76A | €25,544 | €0 | -€25,544 | -100.0% |
| Remuneration, social security and pensions | 62 | €364,408 | €373,086 | +€8,679 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,010 | €160,849 | +€74,839 | +87.0% |
| Other operating charges | 640/8 | €2,013 | €1,447 | -€566 | -28.1% |
| Gross operating margin | 9900 | €494,118 | €628,445 | +€134,327 | +27.2% |
| Operating profit (loss) | 9901 | €41,687 | €93,063 | +€51,375 | +123.2% |
| Financial income | 75/76B | €12,446 | €8,700 | -€3,746 | -30.1% |
| Recurring financial income | 75 | €12,446 | €8,700 | -€3,746 | -30.1% |
| Financial charges | 65/66B | €29,237 | €17,853 | -€11,384 | -38.9% |
| Recurring financial charges | 65 | €29,237 | €17,853 | -€11,384 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €24,896 | €83,910 | +€59,014 | +237.0% |
| Income taxes | 67/77 | €11,478 | €26,729 | +€15,251 | +132.9% |
| Profit (loss) for the period | 9904 | €13,418 | €57,181 | +€43,763 | +326.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,418 | €57,181 | +€43,763 | +326.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.