C.E. CONSTRUCT: 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.E. CONSTRUCT
Largest movements
- Cash -€10,379
down €10,379 (-94.4%), from €10,989 to €610
mainly Net result for the year (-€15,808) and Receivables within one year (-€6,086)
- Receivables within one year +€6,086
up €6,086 (+6.8%), from €90,159 to €96,245
- Profit (loss) carried forward -€15,808
down €15,808 (-42.9%), from -€36,870 to -€52,678
- Debts within one year +€11,959
up €11,959 (+113.4%), from €10,545 to €22,504
- Gross operating margin -€35,688
down €35,688, from €22,391 to -€13,297
- Depreciation -€6,172
down €6,172 (-97.9%), from €6,307 to €135
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,198 | €97,349 | -€3,849 | -3.8% |
| Fixed assets | 21/28 | €50 | €494 | +€444 | +888.0% |
| Tangible fixed assets | 22/27 | - | €444 | +€444 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €101,148 | €96,855 | -€4,293 | -4.2% |
| Amounts receivable within one year | 40/41 | €90,159 | €96,245 | +€6,086 | +6.8% |
| Cash at bank and in hand | 54/58 | €10,989 | €610 | -€10,379 | -94.4% |
| Total equity and liabilities | 10/49 | €101,198 | €97,349 | -€3,849 | -3.8% |
| Equity | 10/15 | €90,653 | €74,845 | -€15,808 | -17.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €108,931 | €108,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,870 | -€52,678 | -€15,808 | -42.9% |
| Amounts payable | 17/49 | €10,545 | €22,504 | +€11,959 | +113.4% |
| Amounts payable within one year | 42/48 | €10,545 | €22,504 | +€11,959 | +113.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,307 | €135 | -€6,172 | -97.9% |
| Gross operating margin | 9900 | €22,391 | -€13,297 | -€35,688 | |
| Operating profit (loss) | 9901 | -€27,830 | -€15,440 | +€12,390 | +44.5% |
| Recurring financial charges | 65 | €753 | €372 | -€381 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,583 | -€15,812 | +€12,771 | +44.7% |
| Income taxes | 67/77 | - | -€4 | -€4 | |
| Profit (loss) for the period | 9904 | -€28,583 | -€15,808 | +€12,775 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,583 | -€15,808 | +€12,775 | +44.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.