C.C.W.M.: 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.
C.C.W.M.
Largest movements
- Current assets +€47,899
up €47,899 (+15.5%), from €309,045 to €356,944
- Tangible fixed assets +€4,731
up €4,731 (+31.6%), from €14,969 to €19,700
- Reserves +€46,388
up €46,388 (+19.5%), from €237,309 to €283,697
- Debts +€6,242
up €6,242 (+7.3%), from €85,468 to €91,710
of which Debts after one year: +€4,594
- Gross operating margin +€2,660
up €2,660 (+4.3%), from €61,659 to €64,320
- Depreciation +€2,398
up €2,398 (+46.1%), from €5,199 to €7,597
- Taxes +€1,716
up €1,716 (+8.4%), from €20,503 to €22,219
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,016 | €376,646 | +€52,630 | +16.2% |
| Fixed assets | 21/28 | €14,972 | €19,703 | +€4,731 | +31.6% |
| Tangible fixed assets | 22/27 | €14,969 | €19,700 | +€4,731 | +31.6% |
| Financial fixed assets | 28 | €3 | €3 | = | 0.0% |
| Current assets | 29/58 | €309,045 | €356,944 | +€47,899 | +15.5% |
| Amounts receivable within one year | 40/41 | €303,945 | €354,230 | +€50,285 | +16.5% |
| Total equity and liabilities | 10/49 | €324,016 | €376,646 | +€52,630 | +16.2% |
| Equity | 10/15 | €238,549 | €284,936 | +€46,388 | +19.4% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €237,309 | €283,697 | +€46,388 | +19.5% |
| Amounts payable | 17/49 | €85,468 | €91,710 | +€6,242 | +7.3% |
| Amounts payable after more than one year | 17 | €6,913 | €11,507 | +€4,594 | +66.4% |
| Amounts payable within one year | 42/48 | €77,990 | €79,846 | +€1,856 | +2.4% |
| Trade debts | 44 | €13,165 | €13,791 | +€626 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,199 | €7,597 | +€2,398 | +46.1% |
| Gross operating margin | 9900 | €61,659 | €64,320 | +€2,660 | +4.3% |
| Operating profit (loss) | 9901 | €45,929 | €43,512 | -€2,417 | -5.3% |
| Recurring financial income | 75 | €20,998 | €28,711 | +€7,713 | +36.7% |
| Recurring financial charges | 65 | €4,283 | €3,616 | -€667 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €62,583 | €68,606 | +€6,024 | +9.6% |
| Income taxes | 67/77 | €20,503 | €22,219 | +€1,716 | +8.4% |
| Profit (loss) for the period | 9904 | €42,080 | €46,388 | +€4,307 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,080 | €46,388 | +€4,307 | +10.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.