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CC: what changed

Two fiscal 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

CC

BE 0831.410.160
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€106
2023 · -€18,956+€18,849
Equity
€151,163
2023 · €151,270-€106
Cash
-
2023 · €2,414-€2,414
Balance sheet total
€450,088
2023 · €515,321-€65,233

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€37,809

    down €37,809 (-49.6%), from €76,154 to €38,345

    of which Other amounts receivable: -€24,344

  • Tangible fixed assets -€24,757

    down €24,757 (-5.7%), from €436,335 to €411,577

    of which Land and buildings: -€20,879

Equity and liabilities
  • Debts after one year -€30,877

    down €30,877 (-18.8%), from €164,404 to €133,527

  • Advances received -€23,032

    no longer reported in 2024 (was €23,032)

  • Current portion of long-term debt -€18,213

    down €18,213 (-33.9%), from €53,773 to €35,560

  • Other debts +€15,362

    up €15,362 (+21.4%), from €71,662 to €87,024

  • Trade debts -€6,104

    down €6,104 (-17.8%), from €34,356 to €28,252

Income statement
  • Staff costs -€15,874

    no longer reported in 2024 (was €15,874)

  • Gross operating margin +€6,968

    up €6,968 (+19.1%), from €36,455 to €43,423

  • Financial charges +€6,634

    up €6,634 (+58.4%), from €11,360 to €17,993

  • Other operating charges -€1,512

    down €1,512 (-62.9%), from €2,405 to €893

  • Depreciation +€682

    up €682 (+2.8%), from €24,075 to €24,757

From the 2023 result to the 2024 result

effect on the 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 -€18,956
Gross operating margin +€6,968
Staff costs +€15,874
Depreciation -€682
Other operating charges +€1,512
Other operating items +€1,536
Financial income +€115
Financial charges -€6,634
Taxes +€161
Result 2024 -€106

Cash bridge derived

cash 2023 to 2024

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 +€46,994
Investment -€165
Financing -€49,242
Cash 2023 €2,414
Net result for the year -€106
Depreciation +€24,757
Receivables within one year +€37,809
Deferred charges and accrued income +€419
Trade debts -€6,104
Tax, wage and social debts -€4,144
Advances received -€23,032
Other debts +€15,362
Accrued charges and deferred income +€2,033
Investment in fixed assets (net) -€165
Debts after one year -€30,877
Current portion of long-term debt -€18,213
Short-term financial debts -€152
Cash 2024 €0
Every line side by side 46 lines
Line Code 2023 2024 Change %
Total assets 20/58 €515,321 €450,088 -€65,233 -12.7%
Fixed assets 21/28 €436,335 €411,742 -€24,592 -5.6%
Tangible fixed assets 22/27 €436,335 €411,577 -€24,757 -5.7%
Land and buildings 22 €424,699 €403,820 -€20,879 -4.9%
Other tangible fixed assets 26 €11,635 €7,757 -€3,879 -33.3%
Financial fixed assets 28 - €165 +€165
Current assets 29/58 €78,986 €38,345 -€40,641 -51.5%
Amounts receivable within one year 40/41 €76,154 €38,345 -€37,809 -49.6%
Trade receivables 40 €34,015 €20,550 -€13,464 -39.6%
Other amounts receivable 41 €42,139 €17,795 -€24,344 -57.8%
Cash at bank and in hand 54/58 €2,414 - -€2,414
Deferred charges and accrued income 490/1 €419 - -€419
Total equity and liabilities 10/49 €515,321 €450,088 -€65,233 -12.7%
Equity 10/15 €151,270 €151,163 -€106 -0.1%
Contributions 10/11 €100,000 €100,000 = 0.0%
Revaluation surpluses 12 €114,105 €114,105 = 0.0%
Profit (loss) carried forward 14 -€62,835 -€62,942 -€106 -0.2%
Amounts payable 17/49 €364,051 €298,924 -€65,127 -17.9%
Amounts payable after more than one year 17 €164,404 €133,527 -€30,877 -18.8%
Financial debts 170/4 €164,404 €133,527 -€30,877 -18.8%
Amounts payable within one year 42/48 €194,628 €158,344 -€36,283 -18.6%
Current portion of amounts payable after more than one year 42 €53,773 €35,560 -€18,213 -33.9%
Financial debts 43 €5,819 €5,666 -€152 -2.6%
Credit institutions 430/8 €5,819 €5,666 -€152 -2.6%
Trade debts 44 €34,356 €28,252 -€6,104 -17.8%
Suppliers 440/4 €34,356 €28,252 -€6,104 -17.8%
Advances received on contracts in progress 46 €23,032 - -€23,032
Taxes, remuneration and social security 45 €5,986 €1,842 -€4,144 -69.2%
Taxes 450/3 €1,949 €1,842 -€106 -5.5%
Remuneration and social security 454/9 €4,038 - -€4,038
Other amounts payable 47/48 €71,662 €87,024 +€15,362 +21.4%
Accrued charges and deferred income 492/3 €5,020 €7,053 +€2,033 +40.5%
Remuneration, social security and pensions 62 €15,874 - -€15,874
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €24,075 €24,757 +€682 +2.8%
Other operating charges 640/8 €2,405 €893 -€1,512 -62.9%
Non-recurring operating charges 66A €1,536 - -€1,536
Gross operating margin 9900 €36,455 €43,423 +€6,968 +19.1%
Operating profit (loss) 9901 -€7,436 €17,772 +€25,208
Financial income 75/76B - €115 +€115
Recurring financial income 75 - €115 +€115
Financial charges 65/66B €11,360 €17,993 +€6,634 +58.4%
Recurring financial charges 65 €11,360 €17,993 +€6,634 +58.4%
Profit (loss) for the period before taxes 9903 -€18,795 -€106 +€18,689 +99.4%
Income taxes 67/77 €161 - -€161
Profit (loss) for the period 9904 -€18,956 -€106 +€18,849 +99.4%
Profit (loss) for the period to be appropriated 9905 -€18,956 -€106 +€18,849 +99.4%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.