C.AR: 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.
C.AR
Largest movements
- Tangible fixed assets +€75,014
up €75,014 (+122.0%), from €61,500 to €136,514
of which Furniture and vehicles: +€85,424
- Receivables within one year +€20,928
up €20,928 (+69.4%), from €30,175 to €51,103
of which Trade receivables: +€11,112
- Cash +€3,159
up €3,159 (+51.2%), from €6,166 to €9,325
mainly Trade debts (+€51,121) and Debts after one year (+€25,099)
- Trade debts +€51,121
up €51,121 (+624.6%), from €8,184 to €59,305
- Debts after one year +€25,099
up €25,099 (+99.5%), from €25,226 to €50,325
- Current portion of long-term debt +€14,681
up €14,681 (+153.7%), from €9,553 to €24,234
- Profit (loss) carried forward +€13,126
up €13,126 (+72.0%), from €18,239 to €31,365
- Tax, wage and social debts -€3,906
down €3,906 (-31.7%), from €12,312 to €8,406
of which Remuneration and social security: -€2,129
- Purchases and services +€66,797
up €66,797 (+56.3%), from €118,713 to €185,509
- Gross operating margin +€41,992
up €41,992 (+132.7%), from €31,648 to €73,639
- Depreciation +€20,451
new in 2024: €20,451
- Financial charges +€6,830
up €6,830 (+161.7%), from €4,225 to €11,056
of which Non-recurring financial charges: +€5,185
- Staff costs +€4,288
up €4,288 (+17.8%), from €24,071 to €28,358
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 | €97,840 | €196,942 | +€99,101 | +101.3% |
| Fixed assets | 21/28 | €61,500 | €136,514 | +€75,014 | +122.0% |
| Tangible fixed assets | 22/27 | €61,500 | €136,514 | +€75,014 | +122.0% |
| Furniture and vehicles | 24 | €9,000 | €94,424 | +€85,424 | +949.2% |
| Leasing and similar rights | 25 | €52,500 | €42,090 | -€10,410 | -19.8% |
| Current assets | 29/58 | €36,340 | €60,428 | +€24,087 | +66.3% |
| Amounts receivable within one year | 40/41 | €30,175 | €51,103 | +€20,928 | +69.4% |
| Trade receivables | 40 | €24,536 | €35,648 | +€11,112 | +45.3% |
| Other amounts receivable | 41 | €5,639 | €15,455 | +€9,817 | +174.1% |
| Cash at bank and in hand | 54/58 | €6,166 | €9,325 | +€3,159 | +51.2% |
| Total equity and liabilities | 10/49 | €97,840 | €196,942 | +€99,101 | +101.3% |
| Equity | 10/15 | €30,239 | €43,365 | +€13,126 | +43.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,239 | €31,365 | +€13,126 | +72.0% |
| Amounts payable | 17/49 | €67,601 | €153,577 | +€85,976 | +127.2% |
| Amounts payable after more than one year | 17 | €25,226 | €50,325 | +€25,099 | +99.5% |
| Financial debts | 170/4 | €25,226 | €50,325 | +€25,099 | +99.5% |
| Amounts payable within one year | 42/48 | €42,375 | €103,252 | +€60,877 | +143.7% |
| Current portion of amounts payable after more than one year | 42 | €9,553 | €24,234 | +€14,681 | +153.7% |
| Trade debts | 44 | €8,184 | €59,305 | +€51,121 | +624.6% |
| Suppliers | 440/4 | €8,184 | €59,305 | +€51,121 | +624.6% |
| Taxes, remuneration and social security | 45 | €12,312 | €8,406 | -€3,906 | -31.7% |
| Taxes | 450/3 | €5,208 | €3,431 | -€1,777 | -34.1% |
| Remuneration and social security | 454/9 | €7,104 | €4,975 | -€2,129 | -30.0% |
| Other amounts payable | 47/48 | €12,327 | €11,308 | -€1,019 | -8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,713 | €185,509 | +€66,797 | +56.3% |
| Remuneration, social security and pensions | 62 | €24,071 | €28,358 | +€4,288 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €20,451 | +€20,451 | |
| Other operating charges | 640/8 | €205 | €1,170 | +€965 | +470.7% |
| Non-recurring operating charges | 66A | €5,419 | - | -€5,419 | |
| Gross operating margin | 9900 | €31,648 | €73,639 | +€41,992 | +132.7% |
| Operating profit (loss) | 9901 | €1,953 | €23,660 | +€21,707 | +1111.4% |
| Financial income | 75/76B | €3,676 | €3,952 | +€276 | +7.5% |
| Recurring financial income | 75 | €3,676 | €3,952 | +€276 | +7.5% |
| Financial charges | 65/66B | €4,225 | €11,056 | +€6,830 | +161.7% |
| Recurring financial charges | 65 | €4,225 | €5,870 | +€1,645 | +38.9% |
| Non-recurring financial charges | 66B | - | €5,185 | +€5,185 | |
| Profit (loss) for the period before taxes | 9903 | €1,404 | €16,557 | +€15,152 | +1079.0% |
| Income taxes | 67/77 | €666 | €3,431 | +€2,765 | +415.4% |
| Profit (loss) for the period | 9904 | €739 | €13,126 | +€12,387 | +1677.2% |
| Profit (loss) for the period to be appropriated | 9905 | €739 | €13,126 | +€12,387 | +1677.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.