CBL SOLUTIONS: 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.
CBL SOLUTIONS
Largest movements
- Receivables within one year +€213,169
up €213,169 (+111%), from €192,388 to €405,557
of which Trade receivables: +€188,491
- Tangible fixed assets +€76,402
up €76,402 (+14.4%), from €528,967 to €605,369
of which Assets under construction and advance payments: +€151,855
- Cash -€67,444
down €67,444 (-95.5%), from €70,594 to €3,150
mainly Receivables within one year (-€213,169) and Investment in fixed assets (net) (-€156,390)
- Reserves +€137,141
up €137,141 (+63.8%), from €214,799 to €351,940
- Trade debts +€109,043
up €109,043 (+709%), from €15,381 to €124,424
- Debts after one year -€51,735
down €51,735 (-10.8%), from €477,756 to €426,020
- Advances received +€43,000
new in 2024: €43,000
- Gross operating margin +€212,636
up €212,636 (+66.3%), from €320,836 to €533,472
- Staff costs +€43,822
up €43,822 (+25.4%), from €172,814 to €216,636
- Taxes +€34,833
up €34,833 (+174%), from €20,009 to €54,841
- Depreciation +€32,192
up €32,192 (+66.5%), from €48,396 to €80,588
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 | €852,816 | €1,080,305 | +€227,489 | +26.7% |
| Fixed assets | 21/28 | €529,567 | €605,369 | +€75,802 | +14.3% |
| Tangible fixed assets | 22/27 | €528,967 | €605,369 | +€76,402 | +14.4% |
| Land and buildings | 22 | €333,013 | €315,621 | -€17,392 | -5.2% |
| Plant, machinery and equipment | 23 | €26,184 | €19,326 | -€6,857 | -26.2% |
| Furniture and vehicles | 24 | €16,613 | €13,862 | -€2,750 | -16.6% |
| Leasing and similar rights | 25 | €153,157 | €104,704 | -€48,453 | -31.6% |
| Assets under construction and advance payments | 27 | - | €151,855 | +€151,855 | |
| Financial fixed assets | 28 | €600 | - | -€600 | |
| Current assets | 29/58 | €323,249 | €474,935 | +€151,686 | +46.9% |
| Stocks and contracts in progress | 3 | €56,994 | €66,229 | +€9,234 | +16.2% |
| Stocks | 30/36 | €52,345 | €52,036 | -€309 | -0.6% |
| Contracts in progress | 37 | €4,649 | €14,193 | +€9,544 | +205% |
| Amounts receivable within one year | 40/41 | €192,388 | €405,557 | +€213,169 | +111% |
| Trade receivables | 40 | €190,727 | €379,218 | +€188,491 | +98.8% |
| Other amounts receivable | 41 | €1,660 | €26,339 | +€24,679 | +1,486% |
| Cash at bank and in hand | 54/58 | €70,594 | €3,150 | -€67,444 | -95.5% |
| Deferred charges and accrued income | 490/1 | €3,273 | - | -€3,273 | |
| Total equity and liabilities | 10/49 | €852,816 | €1,080,305 | +€227,489 | +26.7% |
| Equity | 10/15 | €233,399 | €370,540 | +€137,141 | +58.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,799 | €351,940 | +€137,141 | +63.8% |
| Distributable reserves | 133 | €214,799 | €351,940 | +€137,141 | +63.8% |
| Amounts payable | 17/49 | €619,417 | €709,764 | +€90,347 | +14.6% |
| Amounts payable after more than one year | 17 | €477,756 | €426,020 | -€51,735 | -10.8% |
| Financial debts | 170/4 | €477,756 | €426,020 | -€51,735 | -10.8% |
| Amounts payable within one year | 42/48 | €141,661 | €283,744 | +€142,083 | +100% |
| Current portion of amounts payable after more than one year | 42 | €70,966 | €71,189 | +€223 | +0.3% |
| Trade debts | 44 | €15,381 | €124,424 | +€109,043 | +709% |
| Suppliers | 440/4 | €15,381 | €124,424 | +€109,043 | +709% |
| Advances received on contracts in progress | 46 | - | €43,000 | +€43,000 | |
| Taxes, remuneration and social security | 45 | €47,624 | €44,339 | -€3,285 | -6.9% |
| Taxes | 450/3 | €20,284 | €11,694 | -€8,590 | -42.3% |
| Remuneration and social security | 454/9 | €27,340 | €32,645 | +€5,305 | +19.4% |
| Other amounts payable | 47/48 | €7,690 | €792 | -€6,898 | -89.7% |
| Non-recurring operating income | 76A | €26,501 | - | -€26,501 | |
| Remuneration, social security and pensions | 62 | €172,814 | €216,636 | +€43,822 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,396 | €80,588 | +€32,192 | +66.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €382 | - | -€382 | |
| Other operating charges | 640/8 | €1,314 | €449 | -€865 | -65.8% |
| Gross operating margin | 9900 | €320,836 | €533,472 | +€212,636 | +66.3% |
| Operating profit (loss) | 9901 | €97,929 | €235,799 | +€137,870 | +141% |
| Financial income | 75/76B | €3,213 | €4,335 | +€1,122 | +34.9% |
| Recurring financial income | 75 | €3,213 | €4,335 | +€1,122 | +34.9% |
| Financial charges | 65/66B | €10,381 | €12,857 | +€2,476 | +23.9% |
| Recurring financial charges | 65 | €10,381 | €12,857 | +€2,476 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €90,761 | €227,277 | +€136,516 | +150% |
| Income taxes | 67/77 | €20,009 | €54,841 | +€34,833 | +174% |
| Profit (loss) for the period | 9904 | €70,753 | €172,435 | +€101,683 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €70,753 | €172,435 | +€101,683 | +144% |
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 19 October 2026 via checked.be.