CEM'S: 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.
CEM'S
Largest movements
- Receivables within one year +€33,734
up €33,734 (+169.2%), from €19,937 to €53,671
of which Trade receivables: +€32,194
- Tax, wage and social debts +€38,715
up €38,715 (+331.2%), from €11,688 to €50,403
of which Taxes: +€22,998
- Other debts -€13,477
no longer reported in 2024 (was €13,477)
- Trade debts +€7,877
up €7,877 (+120.5%), from €6,537 to €14,414
- Profit (loss) carried forward +€619
up €619 (+2.0%), from -€30,678 to -€30,059
- Gross operating margin +€18,518
up €18,518 (+1081.7%), from €1,712 to €20,230
- Staff costs +€15,713
new in 2024: €15,713
- Other operating charges +€3,470
new in 2024: €3,470
- Taxes +€428
new in 2024: €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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,937 | €53,671 | +€33,734 | +169.2% |
| Current assets | 29/58 | €19,937 | €53,671 | +€33,734 | +169.2% |
| Amounts receivable within one year | 40/41 | €19,937 | €53,671 | +€33,734 | +169.2% |
| Trade receivables | 40 | €19,937 | €52,131 | +€32,194 | +161.5% |
| Other amounts receivable | 41 | - | €1,540 | +€1,540 | |
| Total equity and liabilities | 10/49 | €19,937 | €53,671 | +€33,734 | +169.2% |
| Equity | 10/15 | -€11,765 | -€11,146 | +€619 | +5.3% |
| Contributions | 10/11 | €18,599 | €18,599 | = | 0.0% |
| Reserves | 13 | €314 | €314 | = | 0.0% |
| Non-distributable reserves | 130/1 | €314 | €314 | = | 0.0% |
| Reserves not available under the articles | 1311 | €314 | €314 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,678 | -€30,059 | +€619 | +2.0% |
| Amounts payable | 17/49 | €31,702 | €64,817 | +€33,115 | +104.5% |
| Amounts payable within one year | 42/48 | €31,702 | €64,817 | +€33,115 | +104.5% |
| Trade debts | 44 | €6,537 | €14,414 | +€7,877 | +120.5% |
| Suppliers | 440/4 | €6,537 | €14,414 | +€7,877 | +120.5% |
| Taxes, remuneration and social security | 45 | €11,688 | €50,403 | +€38,715 | +331.2% |
| Taxes | 450/3 | €11,688 | €34,686 | +€22,998 | +196.8% |
| Remuneration and social security | 454/9 | - | €15,717 | +€15,717 | |
| Other amounts payable | 47/48 | €13,477 | - | -€13,477 | |
| Remuneration, social security and pensions | 62 | - | €15,713 | +€15,713 | |
| Other operating charges | 640/8 | - | €3,470 | +€3,470 | |
| Gross operating margin | 9900 | €1,712 | €20,230 | +€18,518 | +1081.7% |
| Operating profit (loss) | 9901 | €1,712 | €1,047 | -€665 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €1,712 | €1,047 | -€665 | -38.8% |
| Income taxes | 67/77 | - | €428 | +€428 | |
| Profit (loss) for the period | 9904 | €1,712 | €619 | -€1,093 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,712 | €619 | -€1,093 | -63.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.