CEBEKO: 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
CEBEKO
NACE 46.649, Wholesale of other machinery and equipment
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€124,903
2023 · €209,624-€334,527
Equity
€1.1m
2023 · €1.2m-€124,903
Cash
€829,745
2023 · €572,039+€257,706
Balance sheet total
€8.7m
2023 · €7.7m+€1.1m
Largest movements
Assets
- Tangible fixed assets +€1.5m
up €1.5m (+64.4%), from €2.3m to €3.7m
of which Leasing and similar rights: +€1.2m
- Stocks and contracts -€1.0m
down €1.0m (-32.0%), from €3.2m to €2.2m
- Receivables within one year +€339,591
up €339,591 (+21.7%), from €1.6m to €1.9m
of which Trade receivables: +€264,295
- Cash +€257,706
up €257,706 (+45.1%), from €572,039 to €829,745
mainly Stocks and contracts (+€1.0m) and Debts after one year (+€778,297)
Equity and liabilities
- Trade debts -€847,618
down €847,618 (-31.2%), from €2.7m to €1.9m
- Debts after one year +€778,297
up €778,297 (+76.5%), from €1.0m to €1.8m
- Short-term financial debts +€622,437
up €622,437 (+36.8%), from €1.7m to €2.3m
of which Credit institutions: +€597,437
- Current portion of long-term debt +€327,164
up €327,164 (+87.0%), from €375,978 to €703,141
- Other debts +€215,703
up €215,703 (+81.1%), from €265,814 to €481,517
Income statement
- Services and other goods +€699,656
up €699,656 (+31.5%), from €2.2m to €2.9m
- Goods and materials +€433,362
up €433,362 (+4.4%), from €9.8m to €10.2m
of which Change in stocks: decrease (increase): +€2.9m
- Other operating income +€336,724
up €336,724 (+79.1%), from €425,831 to €762,555
- Staff costs +€254,384
up €254,384 (+19.3%), from €1.3m to €1.6m
- Turnover +€243,772
up €243,772 (+1.8%), from €13.8m to €14.1m
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
€209,624
Turnover
+€243,772
Other operating income
+€336,724
Goods and materials
-€433,362
Services and other goods
-€699,656
Staff costs
-€254,384
Depreciation
-€210,487
Write-downs
-€363
Other operating charges
-€10,336
Other operating items
+€810,075
Financial income
-€84,042
Financial charges
-€84,385
Taxes
+€65,649
Deferred taxes and other
-€13,731
Result 2024
-€124,903
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
+€769,384
Investment
-€2.2m
Financing
+€1.7m
Cash 2023
€572,039
From operations (derived)
+€769,384
Net result for the year
-€124,903
Depreciation
+€770,334
Stocks and contracts
+€1.0m
Receivables within one year
-€339,591
Deferred charges and accrued income
-€24,257
Provisions
-€3,399
Trade debts
-€847,618
Tax, wage and social debts
+€74,085
Other debts
+€215,703
Accrued charges and deferred income
+€17,467
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
+€1.7m
Debts after one year
+€778,297
Current portion of long-term debt
+€327,164
Short-term financial debts
+€622,437
Cash 2024
€829,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,652,015 | €8,711,248 | +€1.1m | +13.8% |
| Fixed assets | 21/28 | €2,282,991 | €3,752,233 | +€1.5m | +64.4% |
| Intangible fixed assets | 21 | €9,979 | €16,086 | +€6,107 | +61.2% |
| Tangible fixed assets | 22/27 | €2,271,977 | €3,734,977 | +€1.5m | +64.4% |
| Land and buildings | 22 | €59,172 | €0 | -€59,172 | -100% |
| Plant, machinery and equipment | 23 | €459,272 | €549,057 | +€89,785 | +19.5% |
| Furniture and vehicles | 24 | €90,729 | €69,213 | -€21,516 | -23.7% |
| Leasing and similar rights | 25 | €1,201,729 | €2,388,863 | +€1.2m | +98.8% |
| Other tangible fixed assets | 26 | €461,074 | €727,844 | +€266,770 | +57.9% |
| Financial fixed assets | 28 | €1,035 | €1,170 | +€135 | +13.0% |
| Other financial fixed assets | 284/8 | €1,035 | €1,170 | +€135 | +13.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,035 | €1,170 | +€135 | +13.0% |
| Current assets | 29/58 | €5,369,024 | €4,959,015 | -€410,009 | -7.6% |
| Stocks and contracts in progress | 3 | €3,225,976 | €2,194,414 | -€1.0m | -32.0% |
| Stocks | 30/36 | €3,225,976 | €2,194,414 | -€1.0m | -32.0% |
| Goods purchased for resale | 34 | €3,225,976 | €2,194,414 | -€1.0m | -32.0% |
| Amounts receivable within one year | 40/41 | €1,568,188 | €1,907,779 | +€339,591 | +21.7% |
| Trade receivables | 40 | €1,523,100 | €1,787,395 | +€264,295 | +17.4% |
| Other amounts receivable | 41 | €45,087 | €120,383 | +€75,296 | +167% |
| Cash at bank and in hand | 54/58 | €572,039 | €829,745 | +€257,706 | +45.1% |
| Deferred charges and accrued income | 490/1 | €2,821 | €27,077 | +€24,257 | +860% |
| Total equity and liabilities | 10/49 | €7,652,015 | €8,711,248 | +€1.1m | +13.8% |
| Equity | 10/15 | €1,189,250 | €1,064,347 | -€124,903 | -10.5% |
| Contributions | 10/11 | €124,173 | €124,173 | = | 0.0% |
| Capital | 10 | €124,173 | €124,173 | = | 0.0% |
| Issued capital | 100 | €124,287 | €124,287 | = | 0.0% |
| Uncalled capital | 101 | €113 | €113 | = | 0.0% |
| Reserves | 13 | €1,065,077 | €940,174 | -€124,903 | -11.7% |
| Non-distributable reserves | 130/1 | €12,429 | €12,429 | = | 0.0% |
| Legal reserve | 130 | €12,429 | €12,429 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,531 | €34,930 | -€6,601 | -15.9% |
| Distributable reserves | 133 | €1,011,117 | €892,815 | -€118,302 | -11.7% |
| Provisions and deferred taxes | 16 | €18,798 | €15,399 | -€3,399 | -18.1% |
| Provisions for liabilities and charges | 160/5 | €12,000 | €12,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €12,000 | €12,000 | = | 0.0% |
| Deferred taxes | 168 | €6,798 | €3,399 | -€3,399 | -50.0% |
| Amounts payable | 17/49 | €6,443,967 | €7,631,502 | +€1.2m | +18.4% |
| Amounts payable after more than one year | 17 | €1,016,916 | €1,795,213 | +€778,297 | +76.5% |
| Financial debts | 170/4 | €1,016,916 | €1,795,213 | +€778,297 | +76.5% |
| Leasing and similar obligations | 172 | €826,923 | €1,662,140 | +€835,218 | +101% |
| Credit institutions | 173 | €14,993 | €8,073 | -€6,920 | -46.2% |
| Other loans | 174 | €175,000 | €125,000 | -€50,000 | -28.6% |
| Amounts payable within one year | 42/48 | €5,424,363 | €5,816,134 | +€391,771 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €375,978 | €703,141 | +€327,164 | +87.0% |
| Financial debts | 43 | €1,691,378 | €2,313,815 | +€622,437 | +36.8% |
| Credit institutions | 430/8 | €1,666,378 | €2,263,815 | +€597,437 | +35.9% |
| Other loans | 439 | €25,000 | €50,000 | +€25,000 | +100% |
| Trade debts | 44 | €2,717,672 | €1,870,055 | -€847,618 | -31.2% |
| Suppliers | 440/4 | €2,717,672 | €1,870,055 | -€847,618 | -31.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €373,522 | €447,607 | +€74,085 | +19.8% |
| Taxes | 450/3 | €182,275 | €204,060 | +€21,785 | +12.0% |
| Remuneration and social security | 454/9 | €191,247 | €243,547 | +€52,300 | +27.3% |
| Other amounts payable | 47/48 | €265,814 | €481,517 | +€215,703 | +81.1% |
| Accrued charges and deferred income | 492/3 | €2,688 | €20,154 | +€17,467 | +650% |
| Operating income | 70/76A | €14,253,697 | €15,575,021 | +€1.3m | +9.3% |
| Turnover | 70 | €13,827,866 | €14,071,638 | +€243,772 | +1.8% |
| Other operating income | 74 | €425,831 | €762,555 | +€336,724 | +79.1% |
| Non-recurring operating income | 76A | €0 | €740,828 | +€740,828 | |
| Operating charges | 60/66A | €13,980,930 | €15,520,272 | +€1.5m | +11.0% |
| Goods for resale, raw materials and consumables | 60 | €9,778,252 | €10,211,614 | +€433,362 | +4.4% |
| Purchases | 600/8 | €11,688,534 | €9,178,525 | -€2.5m | -21.5% |
| Change in stocks: decrease (increase) | 609 | -€1,910,282 | €1,033,089 | +€2.9m | |
| Services and other goods | 61 | €2,223,575 | €2,923,231 | +€699,656 | +31.5% |
| Remuneration, social security and pensions | 62 | €1,317,644 | €1,572,028 | +€254,384 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €559,847 | €770,334 | +€210,487 | +37.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,789 | €11,152 | +€363 | +3.4% |
| Other operating charges | 640/8 | €21,577 | €31,913 | +€10,336 | +47.9% |
| Non-recurring operating charges | 66A | €69,247 | €0 | -€69,247 | -100% |
| Operating profit (loss) | 9901 | €272,767 | €54,749 | -€218,018 | -79.9% |
| Financial income | 75/76B | €96,405 | €12,363 | -€84,042 | -87.2% |
| Recurring financial income | 75 | €96,405 | €12,363 | -€84,042 | -87.2% |
| Income from current assets | 751 | €2,065 | €7,886 | +€5,820 | +282% |
| Other financial income | 752/9 | €94,340 | €4,477 | -€89,862 | -95.3% |
| Financial charges | 65/66B | €110,732 | €195,117 | +€84,385 | +76.2% |
| Recurring financial charges | 65 | €110,732 | €195,117 | +€84,385 | +76.2% |
| Debt charges | 650 | €98,904 | €146,874 | +€47,971 | +48.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €11,828 | €48,242 | +€36,414 | +308% |
| Profit (loss) for the period before taxes | 9903 | €258,440 | -€128,005 | -€386,445 | |
| Transfer from deferred taxes | 780 | €17,130 | €3,399 | -€13,731 | -80.2% |
| Income taxes | 67/77 | €65,946 | €297 | -€65,649 | -99.5% |
| Taxes | 670/3 | €65,946 | €1,325 | -€64,620 | -98.0% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €1,028 | +€1,028 | |
| Profit (loss) for the period | 9904 | €209,624 | -€124,903 | -€334,527 | |
| Transfer from tax-exempt reserves | 789 | €33,267 | €6,601 | -€26,666 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €242,891 | -€118,302 | -€361,193 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.