C&O: 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&O
Largest movements
- Receivables within one year +€15,208
up €15,208 (+710.2%), from €2,141 to €17,350
of which Trade receivables: +€14,369
- Cash -€6,206
down €6,206 (-67.6%), from €9,182 to €2,976
mainly Receivables within one year (-€15,208) and Investment in fixed assets (net) (-€1,644)
- Tangible fixed assets -€3,857
down €3,857 (-24.1%), from €16,003 to €12,146
- Tax, wage and social debts +€2,499
up €2,499 (+32.8%), from €7,610 to €10,108
of which Taxes: +€3,680
- Profit (loss) carried forward +€1,867
up €1,867 (+11.0%), from €17,029 to €18,896
- Other debts +€750
up €750 (+69.6%), from €1,078 to €1,828
- Gross operating margin +€14,682
up €14,682, from -€2,610 to €12,072
- Financial income -€12,031
no longer reported in 2024 (was €12,031)
of which Financial income: -€12,031
- Taxes +€2,083
up €2,083 (+108.6%), from €1,917 to €4,000
- Depreciation +€1,964
up €1,964 (+55.5%), from €3,537 to €5,501
- Other operating charges -€946
down €946 (-61.6%), from €1,535 to €589
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 | €27,431 | €32,576 | +€5,145 | +18.8% |
| Fixed assets | 21/28 | €16,108 | €12,251 | -€3,857 | -23.9% |
| Tangible fixed assets | 22/27 | €16,003 | €12,146 | -€3,857 | -24.1% |
| Furniture and vehicles | 24 | €16,003 | €12,146 | -€3,857 | -24.1% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €11,323 | €20,325 | +€9,002 | +79.5% |
| Amounts receivable within one year | 40/41 | €2,141 | €17,350 | +€15,208 | +710.2% |
| Trade receivables | 40 | €1,703 | €16,072 | +€14,369 | +843.8% |
| Other amounts receivable | 41 | €439 | €1,278 | +€839 | +191.4% |
| Cash at bank and in hand | 54/58 | €9,182 | €2,976 | -€6,206 | -67.6% |
| Total equity and liabilities | 10/49 | €27,431 | €32,576 | +€5,145 | +18.8% |
| Equity | 10/15 | €18,679 | €20,546 | +€1,867 | +10.0% |
| Contributions | 10/11 | €1,650 | €1,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,029 | €18,896 | +€1,867 | +11.0% |
| Amounts payable | 17/49 | €8,752 | €12,030 | +€3,278 | +37.5% |
| Amounts payable within one year | 42/48 | €8,752 | €12,030 | +€3,278 | +37.5% |
| Trade debts | 44 | €65 | €94 | +€29 | +45.3% |
| Suppliers | 440/4 | €65 | €94 | +€29 | +45.3% |
| Taxes, remuneration and social security | 45 | €7,610 | €10,108 | +€2,499 | +32.8% |
| Taxes | 450/3 | - | €3,680 | +€3,680 | |
| Remuneration and social security | 454/9 | €7,610 | €6,428 | -€1,182 | -15.5% |
| Other amounts payable | 47/48 | €1,078 | €1,828 | +€750 | +69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,537 | €5,501 | +€1,964 | +55.5% |
| Other operating charges | 640/8 | €1,535 | €589 | -€946 | -61.6% |
| Gross operating margin | 9900 | -€2,610 | €12,072 | +€14,682 | |
| Operating profit (loss) | 9901 | -€7,683 | €5,982 | +€13,665 | |
| Financial income | 75/76B | €12,031 | - | -€12,031 | |
| Recurring financial income | 75 | €12,031 | - | -€12,031 | |
| Non-recurring financial income | 76B | €12,031 | - | -€12,031 | |
| Financial charges | 65/66B | €47 | €115 | +€68 | +142.6% |
| Recurring financial charges | 65 | €47 | €115 | +€68 | +142.6% |
| Profit (loss) for the period before taxes | 9903 | €4,300 | €5,867 | +€1,566 | +36.4% |
| Income taxes | 67/77 | €1,917 | €4,000 | +€2,083 | +108.6% |
| Profit (loss) for the period | 9904 | €2,383 | €1,867 | -€516 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,383 | €1,867 | -€516 | -21.7% |
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 7 October 2026 via checked.be.