Cegid Invoice & Financing: 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.
Cegid Invoice & Financing
Largest movements
- Intangible fixed assets -€1.0m
down €1.0m (-34.7%), from €2.9m to €1.9m
- Receivables within one year +€959,960
up €959,960 (+441%), from €217,739 to €1.2m
of which Trade receivables: +€948,911
- Profit (loss) carried forward -€1.0m
down €1.0m (-59.9%), from -€1.7m to -€2.8m
- Trade debts +€756,935
up €756,935 (+133%), from €569,433 to €1.3m
- Debts after one year +€282,397
up €282,397 (+6.9%), from €4.1m to €4.4m
- Tax, wage and social debts -€59,820
down €59,820 (-35.8%), from €166,954 to €107,133
of which Remuneration and social security: -€57,784
- Gross operating margin -€840,854
down €840,854 (-44.4%), from €1.9m to €1.1m
- Depreciation -€205,262
down €205,262 (-16.8%), from €1.2m to €1.0m
- Write-downs -€107,723
no longer reported in 2024 (was €107,723)
- Staff costs -€99,227
down €99,227 (-13.8%), from €718,061 to €618,834
- Financial charges +€52,040
up €52,040 (+13.1%), from €396,964 to €449,004
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 | €3,293,745 | €3,230,245 | -€63,500 | -1.9% |
| Fixed assets | 21/28 | €2,943,971 | €1,930,600 | -€1.0m | -34.4% |
| Intangible fixed assets | 21 | €2,929,623 | €1,912,854 | -€1.0m | -34.7% |
| Tangible fixed assets | 22/27 | €2,134 | €0 | -€2,134 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €881 | €0 | -€881 | -100% |
| Other tangible fixed assets | 26 | €1,253 | €0 | -€1,253 | -100% |
| Financial fixed assets | 28 | €12,214 | €17,746 | +€5,532 | +45.3% |
| Current assets | 29/58 | €349,773 | €1,299,645 | +€949,871 | +272% |
| Amounts receivable within one year | 40/41 | €217,739 | €1,177,699 | +€959,960 | +441% |
| Trade receivables | 40 | €217,739 | €1,166,650 | +€948,911 | +436% |
| Other amounts receivable | 41 | €0 | €11,049 | +€11,049 | |
| Cash at bank and in hand | 54/58 | €107,436 | €82,542 | -€24,894 | -23.2% |
| Deferred charges and accrued income | 490/1 | €24,598 | €39,404 | +€14,805 | +60.2% |
| Total equity and liabilities | 10/49 | €3,293,745 | €3,230,245 | -€63,500 | -1.9% |
| Equity | 10/15 | -€1,646,375 | -€2,691,114 | -€1.0m | -63.5% |
| Contributions | 10/11 | €81,900 | €81,900 | = | 0.0% |
| Reserves | 13 | €8,279 | €8,279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,190 | €8,190 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,190 | €8,190 | = | 0.0% |
| Tax-exempt reserves | 132 | €89 | €89 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,743,719 | -€2,788,457 | -€1.0m | -59.9% |
| Investment grants | 15 | €7,165 | €7,165 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,020 | €1,020 | = | 0.0% |
| Deferred taxes | 168 | €1,020 | €1,020 | = | 0.0% |
| Amounts payable | 17/49 | €4,939,100 | €5,920,339 | +€981,238 | +19.9% |
| Amounts payable after more than one year | 17 | €4,086,413 | €4,368,810 | +€282,397 | +6.9% |
| Financial debts | 170/4 | €4,086,413 | €4,368,810 | +€282,397 | +6.9% |
| Amounts payable within one year | 42/48 | €778,056 | €1,475,170 | +€697,114 | +89.6% |
| Current portion of amounts payable after more than one year | 42 | €41,669 | €41,669 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €569,433 | €1,326,368 | +€756,935 | +133% |
| Suppliers | 440/4 | €569,433 | €1,326,368 | +€756,935 | +133% |
| Taxes, remuneration and social security | 45 | €166,954 | €107,133 | -€59,820 | -35.8% |
| Taxes | 450/3 | €50,845 | €48,808 | -€2,037 | -4.0% |
| Remuneration and social security | 454/9 | €116,109 | €58,325 | -€57,784 | -49.8% |
| Accrued charges and deferred income | 492/3 | €74,632 | €76,359 | +€1,727 | +2.3% |
| Remuneration, social security and pensions | 62 | €718,061 | €618,834 | -€99,227 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224,165 | €1,018,904 | -€205,262 | -16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €107,723 | - | -€107,723 | |
| Other operating charges | 640/8 | €1,775 | €12,577 | +€10,802 | +608% |
| Gross operating margin | 9900 | €1,895,434 | €1,054,580 | -€840,854 | -44.4% |
| Operating profit (loss) | 9901 | -€156,290 | -€595,734 | -€439,444 | -281% |
| Financial income | 75/76B | €723 | - | -€723 | |
| Recurring financial income | 75 | €723 | - | -€723 | |
| Financial charges | 65/66B | €396,964 | €449,004 | +€52,040 | +13.1% |
| Recurring financial charges | 65 | €396,964 | €449,004 | +€52,040 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€552,532 | -€1,044,738 | -€492,207 | -89.1% |
| Profit (loss) for the period | 9904 | -€552,532 | -€1,044,738 | -€492,207 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€552,532 | -€1,044,738 | -€492,207 | -89.1% |
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 21 October 2026 via checked.be.