C.E.A. CONSTRUCT: what changed
C.E.A. CONSTRUCT
Largest movements
- Receivables within one year -€45,337
down €45,337 (-20.8%), from €217,526 to €172,188
of which Trade receivables: -€41,640
- Stocks and contracts -€28,276
no longer reported in 2023 (was €28,276)
- Cash -€21,553
down €21,553 (-72.1%), from €29,893 to €8,340
mainly Net result for the year (-€96,471) and Tax, wage and social debts (-€5,546)
- Deferred charges and accrued income -€5,955
down €5,955 (-75.3%), from €7,912 to €1,957
- Tangible fixed assets +€3,586
new in 2023: €3,586
- Profit (loss) carried forward -€96,471
down €96,471 (-42.3%), from €227,885 to €131,414
- Tax, wage and social debts -€5,546
down €5,546 (-33.6%), from €16,496 to €10,950
- Trade debts +€4,449
up €4,449 (+11.8%), from €37,581 to €42,031
- Financial charges +€59,841
up €59,841 (+189,251%), from €32 to €59,873
- Gross operating margin -€14,168
down €14,168 (-236%), from -€6,015 to -€20,183
- Other operating charges -€6,253
down €6,253 (-81.0%), from €7,723 to €1,470
- Financial income -€5,991
down €5,991 (-84.4%), from €7,100 to €1,109
- Taxes -€852
down €852 (-87.4%), from €975 to €123
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,466 | €212,931 | -€97,535 | -31.4% |
| Fixed assets | 21/28 | €1,860 | €5,446 | +€3,586 | +193% |
| Tangible fixed assets | 22/27 | - | €3,586 | +€3,586 | |
| Furniture and vehicles | 24 | - | €3,586 | +€3,586 | |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €308,606 | €207,485 | -€101,121 | -32.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €28,276 | - | -€28,276 | |
| Stocks | 30/36 | €28,276 | - | -€28,276 | |
| Amounts receivable within one year | 40/41 | €217,526 | €172,188 | -€45,337 | -20.8% |
| Trade receivables | 40 | €196,026 | €154,386 | -€41,640 | -21.2% |
| Other amounts receivable | 41 | €21,499 | €17,803 | -€3,697 | -17.2% |
| Cash at bank and in hand | 54/58 | €29,893 | €8,340 | -€21,553 | -72.1% |
| Deferred charges and accrued income | 490/1 | €7,912 | €1,957 | -€5,955 | -75.3% |
| Total equity and liabilities | 10/49 | €310,466 | €212,931 | -€97,535 | -31.4% |
| Equity | 10/15 | €254,695 | €158,224 | -€96,471 | -37.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €227,885 | €131,414 | -€96,471 | -42.3% |
| Amounts payable | 17/49 | €55,771 | €54,707 | -€1,064 | -1.9% |
| Amounts payable within one year | 42/48 | €55,771 | €54,707 | -€1,064 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €1,694 | €1,726 | +€32 | +1.9% |
| Trade debts | 44 | €37,581 | €42,031 | +€4,449 | +11.8% |
| Suppliers | 440/4 | €37,581 | €42,031 | +€4,449 | +11.8% |
| Taxes, remuneration and social security | 45 | €16,496 | €10,950 | -€5,546 | -33.6% |
| Taxes | 450/3 | €16,496 | €10,950 | -€5,546 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,273 | €1,677 | -€596 | -26.2% |
| Other operating charges | 640/8 | €7,723 | €1,470 | -€6,253 | -81.0% |
| Non-recurring operating charges | 66A | - | €14,255 | +€14,255 | |
| Gross operating margin | 9900 | -€6,015 | -€20,183 | -€14,168 | -236% |
| Operating profit (loss) | 9901 | -€16,010 | -€37,584 | -€21,574 | -135% |
| Financial income | 75/76B | €7,100 | €1,109 | -€5,991 | -84.4% |
| Recurring financial income | 75 | €7,100 | €1,109 | -€5,991 | -84.4% |
| Financial charges | 65/66B | €32 | €59,873 | +€59,841 | +189,251% |
| Recurring financial charges | 65 | €32 | €59,873 | +€59,841 | +189,251% |
| Profit (loss) for the period before taxes | 9903 | -€8,942 | -€96,347 | -€87,406 | -978% |
| Income taxes | 67/77 | €975 | €123 | -€852 | -87.4% |
| Profit (loss) for the period | 9904 | -€9,917 | -€96,471 | -€86,554 | -873% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,917 | -€96,471 | -€86,554 | -873% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.