CEG TECH: 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.
CEG TECH
Largest movements
- Receivables within one year +€58,810
up €58,810 (+33.4%), from €176,109 to €234,918
of which Other amounts receivable: +€45,600
- Cash -€21,735
down €21,735 (-60.7%), from €35,809 to €14,074
mainly Receivables within one year (-€58,810) and Tax, wage and social debts (-€45,375)
- Tangible fixed assets -€7,700
down €7,700 (-41.4%), from €18,608 to €10,908
- Trade debts +€71,134
new in 2024: €71,134
- Tax, wage and social debts -€45,375
down €45,375 (-63.5%), from €71,433 to €26,059
- Other debts +€28,195
new in 2024: €28,195
- Accrued charges and deferred income -€13,749
down €13,749 (-63.0%), from €21,824 to €8,075
- Advances received -€12,100
no longer reported in 2024 (was €12,100)
- Gross operating margin -€85,695
down €85,695 (-80.5%), from €106,451 to €20,756
- Taxes -€16,224
down €16,224 (-81.9%), from €19,821 to €3,597
- Financial charges -€1,486
down €1,486 (-77.6%), from €1,913 to €428
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.
Cash bridge derived
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 | €348,464 | €377,839 | +€29,375 | +8.4% |
| Fixed assets | 21/28 | €56,408 | €48,708 | -€7,700 | -13.7% |
| Tangible fixed assets | 22/27 | €18,608 | €10,908 | -€7,700 | -41.4% |
| Furniture and vehicles | 24 | €18,608 | €10,908 | -€7,700 | -41.4% |
| Financial fixed assets | 28 | €37,800 | €37,800 | = | 0.0% |
| Current assets | 29/58 | €292,056 | €329,130 | +€37,075 | +12.7% |
| Amounts receivable after more than one year | 29 | €22,900 | €22,900 | = | 0.0% |
| Other amounts receivable | 291 | €22,900 | €22,900 | = | 0.0% |
| Stocks and contracts in progress | 3 | €57,238 | €57,238 | = | 0.0% |
| Stocks | 30/36 | €57,238 | €57,238 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €176,109 | €234,918 | +€58,810 | +33.4% |
| Trade receivables | 40 | €155,894 | €169,104 | +€13,210 | +8.5% |
| Other amounts receivable | 41 | €20,214 | €65,814 | +€45,600 | +225.6% |
| Cash at bank and in hand | 54/58 | €35,809 | €14,074 | -€21,735 | -60.7% |
| Total equity and liabilities | 10/49 | €348,464 | €377,839 | +€29,375 | +8.4% |
| Equity | 10/15 | €237,169 | €242,920 | +€5,751 | +2.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,169 | €238,920 | +€5,751 | +2.5% |
| Amounts payable | 17/49 | €111,295 | €134,919 | +€23,624 | +21.2% |
| Amounts payable within one year | 42/48 | €89,471 | €126,844 | +€37,373 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €5,938 | €1,457 | -€4,481 | -75.5% |
| Trade debts | 44 | - | €71,134 | +€71,134 | |
| Suppliers | 440/4 | - | €71,134 | +€71,134 | |
| Advances received on contracts in progress | 46 | €12,100 | - | -€12,100 | |
| Taxes, remuneration and social security | 45 | €71,433 | €26,059 | -€45,375 | -63.5% |
| Taxes | 450/3 | €71,433 | €26,059 | -€45,375 | -63.5% |
| Other amounts payable | 47/48 | - | €28,195 | +€28,195 | |
| Accrued charges and deferred income | 492/3 | €21,824 | €8,075 | -€13,749 | -63.0% |
| Remuneration, social security and pensions | 62 | €574 | €609 | +€36 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,700 | €7,700 | = | 0.0% |
| Other operating charges | 640/8 | €2,958 | €2,671 | -€287 | -9.7% |
| Gross operating margin | 9900 | €106,451 | €20,756 | -€85,695 | -80.5% |
| Operating profit (loss) | 9901 | €95,220 | €9,776 | -€85,444 | -89.7% |
| Financial charges | 65/66B | €1,913 | €428 | -€1,486 | -77.6% |
| Recurring financial charges | 65 | €1,913 | €428 | -€1,486 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | €93,306 | €9,348 | -€83,958 | -90.0% |
| Income taxes | 67/77 | €19,821 | €3,597 | -€16,224 | -81.9% |
| Profit (loss) for the period | 9904 | €73,485 | €5,751 | -€67,735 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,485 | €5,751 | -€67,735 | -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 12 October 2026 via checked.be.