CAMECO: 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.
What changed
CAMECO
NACE 46.649, Wholesale of other machinery and equipment
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€121,661
2023 · -€117,642+€239,303
Equity
€1.4m
2023 · €1.2m+€121,661
Cash
€93,039
2023 · €109,037-€15,998
Balance sheet total
€1.7m
2023 · €1.6m+€98,973
Largest movements
Assets
- Stocks and contracts +€126,514
up €126,514 (+92.2%), from €137,220 to €263,734
- Tangible fixed assets -€42,078
down €42,078 (-15.6%), from €270,387 to €228,308
of which Furniture and vehicles: -€23,555
- Receivables within one year +€29,243
up €29,243 (+8.0%), from €364,715 to €393,957
of which Other amounts receivable: +€51,713
Equity and liabilities
- Profit (loss) carried forward +€121,661
new in 2024: €121,661
- Debts after one year -€32,180
down €32,180 (-19.6%), from €163,858 to €131,677
- Trade debts +€29,486
up €29,486 (+26.6%), from €110,828 to €140,314
Income statement
- Gross operating margin +€225,232
up €225,232 (+439%), from €51,301 to €276,533
- Write-downs -€54,975
no longer reported in 2024 (was €54,975)
- Staff costs +€39,917
up €39,917 (+73.9%), from €54,031 to €93,948
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.
Result 2023
-€117,642
Gross operating margin
+€225,232
Staff costs
-€39,917
Depreciation
+€634
Write-downs
+€54,975
Other operating charges
+€1,530
Financial income
-€1,960
Financial charges
+€276
Taxes
-€1,468
Result 2024
€121,661
raises the resultlowers the result
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.
From operations
+€32,343
Investment
-€5,833
Financing
-€42,508
Cash 2023
€109,037
From operations (derived)
+€32,343
Net result for the year
+€121,661
Depreciation
+€47,911
Stocks and contracts
-€126,514
Receivables within one year
-€29,243
Deferred charges and accrued income
-€1,292
Trade debts
+€29,486
Tax, wage and social debts
-€9,349
Accrued charges and deferred income
-€318
Investment (derived)
-€5,833
Investment in fixed assets (net)
-€5,833
Financing
-€42,508
Debts after one year
-€32,180
Current portion of long-term debt
-€10,328
Cash 2024
€93,039
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,580,251 | €1,679,224 | +€98,973 | +6.3% |
| Fixed assets | 21/28 | €270,387 | €228,308 | -€42,078 | -15.6% |
| Tangible fixed assets | 22/27 | €270,387 | €228,308 | -€42,078 | -15.6% |
| Land and buildings | 22 | €211,093 | €193,478 | -€17,615 | -8.3% |
| Furniture and vehicles | 24 | €54,900 | €31,345 | -€23,555 | -42.9% |
| Other tangible fixed assets | 26 | €4,394 | €3,485 | -€909 | -20.7% |
| Current assets | 29/58 | €1,309,865 | €1,450,916 | +€141,051 | +10.8% |
| Amounts receivable after more than one year | 29 | €695,830 | €695,830 | = | 0.0% |
| Other amounts receivable | 291 | €695,830 | €695,830 | = | 0.0% |
| Stocks and contracts in progress | 3 | €137,220 | €263,734 | +€126,514 | +92.2% |
| Stocks | 30/36 | €137,220 | €263,734 | +€126,514 | +92.2% |
| Amounts receivable within one year | 40/41 | €364,715 | €393,957 | +€29,243 | +8.0% |
| Trade receivables | 40 | €227,209 | €204,738 | -€22,471 | -9.9% |
| Other amounts receivable | 41 | €137,506 | €189,219 | +€51,713 | +37.6% |
| Cash at bank and in hand | 54/58 | €109,037 | €93,039 | -€15,998 | -14.7% |
| Deferred charges and accrued income | 490/1 | €3,063 | €4,355 | +€1,292 | +42.2% |
| Total equity and liabilities | 10/49 | €1,580,251 | €1,679,224 | +€98,973 | +6.3% |
| Equity | 10/15 | €1,237,443 | €1,359,104 | +€121,661 | +9.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,175,443 | €1,175,443 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,224 | €6,224 | = | 0.0% |
| Legal reserve | 130 | €6,224 | €6,224 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,722 | €29,722 | = | 0.0% |
| Distributable reserves | 133 | €1,139,497 | €1,139,497 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €121,661 | +€121,661 | |
| Amounts payable | 17/49 | €342,808 | €320,120 | -€22,689 | -6.6% |
| Amounts payable after more than one year | 17 | €163,858 | €131,677 | -€32,180 | -19.6% |
| Financial debts | 170/4 | €163,858 | €131,677 | -€32,180 | -19.6% |
| Amounts payable within one year | 42/48 | €177,292 | €187,102 | +€9,809 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €42,508 | €32,180 | -€10,328 | -24.3% |
| Trade debts | 44 | €110,828 | €140,314 | +€29,486 | +26.6% |
| Suppliers | 440/4 | €110,828 | €140,314 | +€29,486 | +26.6% |
| Advances received on contracts in progress | 46 | €77 | €77 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €23,879 | €14,530 | -€9,349 | -39.1% |
| Taxes | 450/3 | €9,313 | €5,326 | -€3,988 | -42.8% |
| Remuneration and social security | 454/9 | €14,566 | €9,205 | -€5,361 | -36.8% |
| Accrued charges and deferred income | 492/3 | €1,659 | €1,341 | -€318 | -19.2% |
| Non-recurring operating income | 76A | €6,312 | - | -€6,312 | |
| Remuneration, social security and pensions | 62 | €54,031 | €93,948 | +€39,917 | +73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,545 | €47,911 | -€634 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €54,975 | - | -€54,975 | |
| Other operating charges | 640/8 | €8,307 | €6,777 | -€1,530 | -18.4% |
| Gross operating margin | 9900 | €51,301 | €276,533 | +€225,232 | +439% |
| Operating profit (loss) | 9901 | -€114,558 | €127,896 | +€242,454 | |
| Financial income | 75/76B | €4,420 | €2,460 | -€1,960 | -44.3% |
| Recurring financial income | 75 | €4,420 | €2,460 | -€1,960 | -44.3% |
| Financial charges | 65/66B | €7,504 | €7,228 | -€276 | -3.7% |
| Recurring financial charges | 65 | €7,504 | €7,228 | -€276 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€117,642 | €123,129 | +€240,771 | |
| Income taxes | 67/77 | - | €1,468 | +€1,468 | |
| Profit (loss) for the period | 9904 | -€117,642 | €121,661 | +€239,303 | |
| Profit (loss) for the period to be appropriated | 9905 | -€117,642 | €121,661 | +€239,303 |
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 14 October 2026 via checked.be.