CBEnergy: 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
CBEnergy
NACE 41.001, General construction of residential buildings
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€761,993
2023 · €10.8m-€10.0m
Equity
€9.7m
2023 · €10.6m-€903,845
Cash
€1.2m
2023 · €3.6m-€2.5m
Balance sheet total
€11.6m
2023 · €14.9m-€3.3m
Largest movements
Assets
- Cash -€2.5m
down €2.5m (-67.5%), from €3.6m to €1.2m
mainly Contributions, distributions and other (-€1.7m) and Tax, wage and social debts (-€1.4m)
- Receivables within one year -€634,918
down €634,918 (-16.4%), from €3.9m to €3.2m
of which Other amounts receivable: -€710,752
- Tangible fixed assets -€164,424
down €164,424 (-30.9%), from €532,834 to €368,410
of which Furniture and vehicles: -€162,085
Equity and liabilities
- Reserves -€1.7m
down €1.7m (-15.9%), from €10.5m to €8.8m
of which Distributable reserves: -€1.7m
- Tax, wage and social debts -€1.4m
down €1.4m (-79.9%), from €1.8m to €359,693
of which Taxes: -€824,758
- Accrued charges and deferred income -€847,293
down €847,293 (-41.5%), from €2.0m to €1.2m
- Profit (loss) carried forward +€761,993
new in 2024: €761,993
Income statement
- Turnover -€46.1m
down €46.1m (-80.6%), from €57.1m to €11.1m
- Goods and materials -€31.3m
down €31.3m (-82.5%), from €38.0m to €6.6m
of which Purchases: -€30.9m
- Taxes -€3.3m
down €3.3m (-90.2%), from €3.7m to €362,587
of which Taxes: -€3.4m
- Staff costs -€1.1m
down €1.1m (-41.7%), from €2.7m to €1.6m
- Services and other goods -€708,173
down €708,173 (-26.3%), from €2.7m to €2.0m
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
€10.8m
Turnover
-€46.1m
Other operating income
-€76,992
Goods and materials
+€31.3m
Services and other goods
+€708,173
Staff costs
+€1.1m
Depreciation
-€1,537
Other operating charges
+€558,376
Other operating items
-€1.0m
Financial income
+€68,148
Financial charges
+€16,519
Taxes
+€3.3m
Result 2024
€761,993
raises the resultlowers the resultnot broken down further in the accounts
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
-€718,580
Investment
+€26,769
Financing
-€1.8m
Cash 2023
€3.6m
From operations (derived)
-€718,580
Net result for the year
+€761,993
Depreciation
+€209,368
Stocks and contracts
+€5,709
Receivables within one year
+€634,918
Deferred charges and accrued income
-€59,956
Trade debts
+€13,664
Tax, wage and social debts
-€1.4m
Other debts
-€5,610
Accrued charges and deferred income
-€847,293
Investment (derived)
+€26,769
Investment in fixed assets (net)
-€29,945
Current investments
+€56,714
Financing
-€1.8m
Debts after one year
-€74,057
Current portion of long-term debt
-€120,774
Short-term financial debts
+€100,000
Contributions, distributions and other
-€1.7m
Cash 2024
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,914,672 | €11,645,383 | -€3.3m | -21.9% |
| Fixed assets | 21/28 | €552,109 | €372,685 | -€179,424 | -32.5% |
| Intangible fixed assets | 21 | €15,000 | - | -€15,000 | |
| Tangible fixed assets | 22/27 | €532,834 | €368,410 | -€164,424 | -30.9% |
| Plant, machinery and equipment | 23 | €2,518 | €179 | -€2,339 | -92.9% |
| Furniture and vehicles | 24 | €530,316 | €368,231 | -€162,085 | -30.6% |
| Financial fixed assets | 28 | €4,275 | €4,275 | = | 0.0% |
| Affiliated companies | 280/1 | €4,275 | €4,275 | = | 0.0% |
| Participating interests | 280 | €4,275 | €4,275 | = | 0.0% |
| Current assets | 29/58 | €14,362,563 | €11,272,698 | -€3.1m | -21.5% |
| Stocks and contracts in progress | 3 | €337,868 | €332,159 | -€5,709 | -1.7% |
| Stocks | 30/36 | €337,868 | €332,159 | -€5,709 | -1.7% |
| Goods purchased for resale | 34 | €337,868 | €332,159 | -€5,709 | -1.7% |
| Amounts receivable within one year | 40/41 | €3,880,451 | €3,245,533 | -€634,918 | -16.4% |
| Trade receivables | 40 | €2,753,649 | €2,829,483 | +€75,834 | +2.8% |
| Other amounts receivable | 41 | €1,126,802 | €416,050 | -€710,752 | -63.1% |
| Current investments | 50/53 | €6,500,000 | €6,443,286 | -€56,714 | -0.9% |
| Other investments | 51/53 | €6,500,000 | €6,443,286 | -€56,714 | -0.9% |
| Cash at bank and in hand | 54/58 | €3,635,749 | €1,183,268 | -€2.5m | -67.5% |
| Deferred charges and accrued income | 490/1 | €8,495 | €68,451 | +€59,956 | +706% |
| Total equity and liabilities | 10/49 | €14,914,672 | €11,645,383 | -€3.3m | -21.9% |
| Equity | 10/15 | €10,605,049 | €9,701,204 | -€903,845 | -8.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €10,455,049 | €8,789,210 | -€1.7m | -15.9% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €997,770 | €997,770 | = | 0.0% |
| Distributable reserves | 133 | €9,442,279 | €7,776,440 | -€1.7m | -17.6% |
| Profit (loss) carried forward | 14 | - | €761,993 | +€761,993 | |
| Amounts payable | 17/49 | €4,309,623 | €1,944,179 | -€2.4m | -54.9% |
| Amounts payable after more than one year | 17 | €147,170 | €73,113 | -€74,057 | -50.3% |
| Financial debts | 170/4 | €147,170 | €73,113 | -€74,057 | -50.3% |
| Credit institutions | 173 | €147,170 | €73,113 | -€74,057 | -50.3% |
| Amounts payable within one year | 42/48 | €2,122,747 | €678,653 | -€1.4m | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €194,830 | €74,057 | -€120,774 | -62.0% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €109,431 | €123,095 | +€13,664 | +12.5% |
| Suppliers | 440/4 | €109,431 | €123,095 | +€13,664 | +12.5% |
| Taxes, remuneration and social security | 45 | €1,791,067 | €359,693 | -€1.4m | -79.9% |
| Taxes | 450/3 | €1,077,942 | €253,184 | -€824,758 | -76.5% |
| Remuneration and social security | 454/9 | €713,125 | €106,509 | -€606,616 | -85.1% |
| Other amounts payable | 47/48 | €27,418 | €21,808 | -€5,610 | -20.5% |
| Accrued charges and deferred income | 492/3 | €2,039,706 | €1,192,413 | -€847,293 | -41.5% |
| Operating income | 70/76A | €58,858,649 | €11,710,423 | -€47.1m | -80.1% |
| Turnover | 70 | €57,145,773 | €11,061,997 | -€46.1m | -80.6% |
| Other operating income | 74 | €218,844 | €141,852 | -€76,992 | -35.2% |
| Non-recurring operating income | 76A | €1,494,031 | €506,574 | -€987,458 | -66.1% |
| Operating charges | 60/66A | €44,360,276 | €10,644,396 | -€33.7m | -76.0% |
| Goods for resale, raw materials and consumables | 60 | €37,988,551 | €6,645,674 | -€31.3m | -82.5% |
| Purchases | 600/8 | €37,526,419 | €6,639,965 | -€30.9m | -82.3% |
| Change in stocks: decrease (increase) | 609 | €462,132 | €5,709 | -€456,423 | -98.8% |
| Services and other goods | 61 | €2,697,401 | €1,989,228 | -€708,173 | -26.3% |
| Remuneration, social security and pensions | 62 | €2,742,930 | €1,600,130 | -€1.1m | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,831 | €209,368 | +€1,537 | +0.7% |
| Other operating charges | 640/8 | €722,587 | €164,212 | -€558,376 | -77.3% |
| Non-recurring operating charges | 66A | €975 | €35,784 | +€34,809 | +3,570% |
| Operating profit (loss) | 9901 | €14,498,374 | €1,066,027 | -€13.4m | -92.6% |
| Financial income | 75/76B | €12,143 | €80,291 | +€68,148 | +561% |
| Recurring financial income | 75 | €12,143 | €80,291 | +€68,148 | +561% |
| Income from current assets | 751 | €11,593 | €77,386 | +€65,793 | +568% |
| Other financial income | 752/9 | €550 | €2,905 | +€2,355 | +428% |
| Financial charges | 65/66B | €38,256 | €21,737 | -€16,519 | -43.2% |
| Recurring financial charges | 65 | €38,256 | €21,737 | -€16,519 | -43.2% |
| Debt charges | 650 | €34,871 | €20,246 | -€14,625 | -41.9% |
| Other financial charges | 652/9 | €3,385 | €1,491 | -€1,894 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €14,472,260 | €1,124,581 | -€13.3m | -92.2% |
| Income taxes | 67/77 | €3,686,626 | €362,587 | -€3.3m | -90.2% |
| Taxes | 670/3 | €3,767,000 | €362,587 | -€3.4m | -90.4% |
| Tax adjustments and reversals of tax provisions | 77 | €80,374 | - | -€80,374 | |
| Profit (loss) for the period | 9904 | €10,785,635 | €761,993 | -€10.0m | -92.9% |
| Transfer to tax-exempt reserves | 689 | €997,770 | - | -€997,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,787,865 | €761,993 | -€9.0m | -92.2% |
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 15 October 2026 via checked.be.