C&S: 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&S
Largest movements
- Tangible fixed assets +€35,969
up €35,969 (+41.1%), from €87,529 to €123,498
of which Furniture and vehicles: +€34,349
- Cash +€27,958
up €27,958 (+51.6%), from €54,229 to €82,187
mainly Depreciation (+€47,551) and Net result for the year (+€42,264)
- Receivables within one year +€17,067
new in 2024: €17,067
of which Trade receivables: +€15,228
- Profit (loss) carried forward +€42,264
up €42,264 (+98.4%), from €42,941 to €85,205
- Trade debts +€26,050
up €26,050 (+139%), from €18,697 to €44,747
- Other debts -€17,709
down €17,709 (-33.4%), from €52,978 to €35,269
- Accrued charges and deferred income +€15,441
new in 2024: €15,441
- Tax, wage and social debts +€14,948
up €14,948 (+175%), from €8,541 to €23,490
of which Taxes: +€12,911
- Gross operating margin +€158,824
up €158,824 (+148%), from €107,587 to €266,410
- Staff costs +€89,071
up €89,071 (+139%), from €64,172 to €153,243
- Taxes +€12,853
up €12,853 (+373%), from €3,450 to €16,302
- Depreciation +€4,388
up €4,388 (+10.2%), from €43,162 to €47,551
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.
Derived cash bridge
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 | €141,757 | €222,751 | +€80,994 | +57.1% |
| Fixed assets | 21/28 | €87,529 | €123,498 | +€35,969 | +41.1% |
| Tangible fixed assets | 22/27 | €87,529 | €123,498 | +€35,969 | +41.1% |
| Plant, machinery and equipment | 23 | €5,461 | €7,080 | +€1,620 | +29.7% |
| Furniture and vehicles | 24 | €82,068 | €116,417 | +€34,349 | +41.9% |
| Current assets | 29/58 | €54,229 | €99,253 | +€45,025 | +83.0% |
| Amounts receivable within one year | 40/41 | - | €17,067 | +€17,067 | |
| Trade receivables | 40 | - | €15,228 | +€15,228 | |
| Other amounts receivable | 41 | - | €1,839 | +€1,839 | |
| Cash at bank and in hand | 54/58 | €54,229 | €82,187 | +€27,958 | +51.6% |
| Total equity and liabilities | 10/49 | €141,757 | €222,751 | +€80,994 | +57.1% |
| Equity | 10/15 | €61,541 | €103,805 | +€42,264 | +68.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,941 | €85,205 | +€42,264 | +98.4% |
| Amounts payable | 17/49 | €80,216 | €118,946 | +€38,730 | +48.3% |
| Amounts payable within one year | 42/48 | €80,216 | €103,506 | +€23,289 | +29.0% |
| Trade debts | 44 | €18,697 | €44,747 | +€26,050 | +139% |
| Suppliers | 440/4 | €18,697 | €44,747 | +€26,050 | +139% |
| Taxes, remuneration and social security | 45 | €8,541 | €23,490 | +€14,948 | +175% |
| Taxes | 450/3 | €3,842 | €16,753 | +€12,911 | +336% |
| Remuneration and social security | 454/9 | €4,699 | €6,737 | +€2,038 | +43.4% |
| Other amounts payable | 47/48 | €52,978 | €35,269 | -€17,709 | -33.4% |
| Accrued charges and deferred income | 492/3 | - | €15,441 | +€15,441 | |
| Non-recurring operating income | 76A | - | €1,116 | +€1,116 | |
| Remuneration, social security and pensions | 62 | €64,172 | €153,243 | +€89,071 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,162 | €47,551 | +€4,388 | +10.2% |
| Other operating charges | 640/8 | €2,415 | €2,164 | -€251 | -10.4% |
| Non-recurring operating charges | 66A | - | €4,593 | +€4,593 | |
| Gross operating margin | 9900 | €107,587 | €266,410 | +€158,824 | +148% |
| Operating profit (loss) | 9901 | -€2,163 | €58,860 | +€61,023 | |
| Financial income | 75/76B | €2 | €1 | -€2 | -74.4% |
| Recurring financial income | 75 | €2 | €1 | -€2 | -74.4% |
| Financial charges | 65/66B | €406 | €294 | -€112 | -27.5% |
| Recurring financial charges | 65 | €406 | €294 | -€112 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,566 | €58,566 | +€61,132 | |
| Income taxes | 67/77 | €3,450 | €16,302 | +€12,853 | +373% |
| Profit (loss) for the period | 9904 | -€6,016 | €42,264 | +€48,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,016 | €42,264 | +€48,280 |
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 18 October 2026 via checked.be.