C.W. TABAC: 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.W. TABAC
Largest movements
- Tangible fixed assets -€11,591
down €11,591 (-6.1%), from €188,992 to €177,401
- Cash +€6,175
up €6,175 (+220%), from €2,808 to €8,983
mainly Net result for the year (+€13,672) and Depreciation (+€11,591)
- Debts after one year -€21,402
down €21,402 (-25.1%), from €85,356 to €63,955
- Profit (loss) carried forward +€13,672
up €13,672 (+106%), from €12,939 to €26,612
- Gross operating margin +€11,927
up €11,927 (+53.5%), from €22,295 to €34,222
- Taxes +€3,145
up €3,145 (+185%), from €1,700 to €4,845
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 | €194,134 | €187,814 | -€6,320 | -3.3% |
| Fixed assets | 21/28 | €188,992 | €177,401 | -€11,591 | -6.1% |
| Tangible fixed assets | 22/27 | €188,992 | €177,401 | -€11,591 | -6.1% |
| Land and buildings | 22 | €188,992 | €177,401 | -€11,591 | -6.1% |
| Current assets | 29/58 | €5,142 | €10,413 | +€5,271 | +103% |
| Cash at bank and in hand | 54/58 | €2,808 | €8,983 | +€6,175 | +220% |
| Deferred charges and accrued income | 490/1 | €2,334 | €1,429 | -€905 | -38.8% |
| Total equity and liabilities | 10/49 | €194,134 | €187,814 | -€6,320 | -3.3% |
| Equity | 10/15 | €31,539 | €45,212 | +€13,672 | +43.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,939 | €26,612 | +€13,672 | +106% |
| Amounts payable | 17/49 | €162,595 | €142,602 | -€19,993 | -12.3% |
| Amounts payable after more than one year | 17 | €85,356 | €63,955 | -€21,402 | -25.1% |
| Financial debts | 170/4 | €85,356 | €63,955 | -€21,402 | -25.1% |
| Amounts payable within one year | 42/48 | €77,239 | €78,648 | +€1,409 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €27,539 | €27,802 | +€263 | +1.0% |
| Taxes, remuneration and social security | 45 | €1,700 | €2,846 | +€1,146 | +67.4% |
| Taxes | 450/3 | €1,700 | €2,846 | +€1,146 | +67.4% |
| Other amounts payable | 47/48 | €48,000 | €48,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,591 | €11,591 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,632 | €2,724 | +€92 | +3.5% |
| Gross operating margin | 9900 | €22,295 | €34,222 | +€11,927 | +53.5% |
| Operating profit (loss) | 9901 | €8,071 | €19,907 | +€11,835 | +147% |
| Financial charges | 65/66B | €1,705 | €1,389 | -€316 | -18.5% |
| Recurring financial charges | 65 | €1,705 | €1,389 | -€316 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €6,367 | €18,518 | +€12,151 | +191% |
| Income taxes | 67/77 | €1,700 | €4,845 | +€3,145 | +185% |
| Profit (loss) for the period | 9904 | €4,667 | €13,672 | +€9,006 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €4,667 | €13,672 | +€9,006 | +193% |
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 16 October 2026 via checked.be.