C MGMT: 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 MGMT
Largest movements
- Receivables within one year +€135,667
up €135,667 (+496.3%), from €27,334 to €163,001
of which Other amounts receivable: +€68,785
- Cash -€14,326
down €14,326 (-97.5%), from €14,695 to €369
mainly Receivables within one year (-€135,667) and Other debts (-€833)
- Tangible fixed assets -€8,628
down €8,628 (-27.6%), from €31,262 to €22,634
- Deferred charges and accrued income -€2,317
down €2,317 (-90.5%), from €2,561 to €243
- Trade debts +€73,301
up €73,301 (+734.7%), from €9,978 to €83,279
- Debts after one year +€23,714
new in 2024: €23,714
- Current portion of long-term debt +€8,148
new in 2024: €8,148
- Profit (loss) carried forward +€5,284
up €5,284 (+10.2%), from €51,987 to €57,271
- Gross operating margin -€20,967
down €20,967 (-57.4%), from €36,502 to €15,535
- Depreciation +€3,585
up €3,585 (+56.1%), from €6,391 to €9,976
- Taxes -€3,285
down €3,285 (-52.3%), from €6,285 to €3,000
- Financial income +€2,829
up €2,829 (+501.7%), from €564 to €3,393
- Financial charges -€1,871
down €1,871 (-85.9%), from €2,178 to €307
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 | €77,663 | €187,213 | +€109,550 | +141.1% |
| Fixed assets | 21/28 | €33,073 | €23,600 | -€9,474 | -28.6% |
| Intangible fixed assets | 21 | €1,812 | €966 | -€846 | -46.7% |
| Tangible fixed assets | 22/27 | €31,262 | €22,634 | -€8,628 | -27.6% |
| Furniture and vehicles | 24 | €31,262 | €22,634 | -€8,628 | -27.6% |
| Current assets | 29/58 | €44,590 | €163,613 | +€119,023 | +266.9% |
| Amounts receivable within one year | 40/41 | €27,334 | €163,001 | +€135,667 | +496.3% |
| Trade receivables | 40 | €21,725 | €88,608 | +€66,882 | +307.9% |
| Other amounts receivable | 41 | €5,609 | €74,394 | +€68,785 | +1226.4% |
| Cash at bank and in hand | 54/58 | €14,695 | €369 | -€14,326 | -97.5% |
| Deferred charges and accrued income | 490/1 | €2,561 | €243 | -€2,317 | -90.5% |
| Total equity and liabilities | 10/49 | €77,663 | €187,213 | +€109,550 | +141.1% |
| Equity | 10/15 | €52,987 | €58,271 | +€5,284 | +10.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,987 | €57,271 | +€5,284 | +10.2% |
| Amounts payable | 17/49 | €24,676 | €128,942 | +€104,266 | +422.5% |
| Amounts payable after more than one year | 17 | - | €23,714 | +€23,714 | |
| Financial debts | 170/4 | - | €23,714 | +€23,714 | |
| Amounts payable within one year | 42/48 | €24,676 | €105,228 | +€80,552 | +326.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,148 | +€8,148 | |
| Trade debts | 44 | €9,978 | €83,279 | +€73,301 | +734.7% |
| Suppliers | 440/4 | €9,978 | €83,279 | +€73,301 | +734.7% |
| Taxes, remuneration and social security | 45 | €13,865 | €13,801 | -€64 | -0.5% |
| Taxes | 450/3 | €13,865 | €13,801 | -€64 | -0.5% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Remuneration, social security and pensions | 62 | - | €245 | +€245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,391 | €9,976 | +€3,585 | +56.1% |
| Other operating charges | 640/8 | €29 | €116 | +€87 | +299.2% |
| Gross operating margin | 9900 | €36,502 | €15,535 | -€20,967 | -57.4% |
| Operating profit (loss) | 9901 | €30,082 | €5,198 | -€24,884 | -82.7% |
| Financial income | 75/76B | €564 | €3,393 | +€2,829 | +501.7% |
| Recurring financial income | 75 | €564 | €3,393 | +€2,829 | +501.7% |
| Financial charges | 65/66B | €2,178 | €307 | -€1,871 | -85.9% |
| Recurring financial charges | 65 | €2,178 | €307 | -€1,871 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €28,468 | €8,284 | -€20,184 | -70.9% |
| Income taxes | 67/77 | €6,285 | €3,000 | -€3,285 | -52.3% |
| Profit (loss) for the period | 9904 | €22,183 | €5,284 | -€16,900 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,183 | €5,284 | -€16,900 | -76.2% |
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 11 October 2026 via checked.be.