CEPIMAC: 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.
CEPIMAC
Largest movements
- Stocks and contracts -€218,570
down €218,570 (-40.0%), from €545,889 to €327,319
- Tangible fixed assets -€20,461
down €20,461 (-52.4%), from €39,055 to €18,593
of which Furniture and vehicles: -€38,636
- Receivables within one year -€8,302
down €8,302 (-11.7%), from €70,890 to €62,588
of which Trade receivables: -€10,236
- Profit (loss) carried forward -€400,002
down €400,002 (-1513.4%), from -€26,430 to -€426,432
- Trade debts +€188,564
up €188,564 (+30.1%), from €626,759 to €815,323
- Tax, wage and social debts -€27,366
down €27,366 (-50.3%), from €54,418 to €27,052
of which Taxes: -€20,440
- Gross operating margin -€395,576
down €395,576, from €21,926 to -€373,649
- Staff costs -€61,467
down €61,467 (-87.5%), from €70,262 to €8,795
- Other operating charges +€8,887
up €8,887 (+627.5%), from €1,416 to €10,303
- Taxes -€5,794
new in 2024: -€5,794
- Depreciation -€4,405
down €4,405 (-32.2%), from €13,666 to €9,261
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 | €756,695 | €513,896 | -€242,799 | -32.1% |
| Fixed assets | 21/28 | €39,055 | €18,593 | -€20,461 | -52.4% |
| Tangible fixed assets | 22/27 | €39,055 | €18,593 | -€20,461 | -52.4% |
| Plant, machinery and equipment | 23 | - | €18,174 | +€18,174 | |
| Furniture and vehicles | 24 | €39,055 | €419 | -€38,636 | -98.9% |
| Current assets | 29/58 | €717,641 | €495,303 | -€222,338 | -31.0% |
| Stocks and contracts in progress | 3 | €545,889 | €327,319 | -€218,570 | -40.0% |
| Stocks | 30/36 | €545,889 | €327,319 | -€218,570 | -40.0% |
| Amounts receivable within one year | 40/41 | €70,890 | €62,588 | -€8,302 | -11.7% |
| Trade receivables | 40 | €55,747 | €45,511 | -€10,236 | -18.4% |
| Other amounts receivable | 41 | €15,143 | €17,077 | +€1,933 | +12.8% |
| Cash at bank and in hand | 54/58 | €100,169 | €105,395 | +€5,226 | +5.2% |
| Deferred charges and accrued income | 490/1 | €692 | €0 | -€692 | -100.0% |
| Total equity and liabilities | 10/49 | €756,695 | €513,896 | -€242,799 | -32.1% |
| Equity | 10/15 | -€14,030 | -€414,032 | -€400,002 | -2851.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,430 | -€426,432 | -€400,002 | -1513.4% |
| Amounts payable | 17/49 | €770,725 | €927,928 | +€157,202 | +20.4% |
| Amounts payable after more than one year | 17 | €89,548 | €85,552 | -€3,996 | -4.5% |
| Financial debts | 170/4 | - | €85,552 | +€85,552 | |
| Advances received on contracts in progress | 176 | €89,548 | - | -€89,548 | |
| Amounts payable within one year | 42/48 | €681,177 | €842,375 | +€161,198 | +23.7% |
| Trade debts | 44 | €626,759 | €815,323 | +€188,564 | +30.1% |
| Suppliers | 440/4 | €626,759 | €815,323 | +€188,564 | +30.1% |
| Taxes, remuneration and social security | 45 | €54,418 | €27,052 | -€27,366 | -50.3% |
| Taxes | 450/3 | €43,310 | €22,870 | -€20,440 | -47.2% |
| Remuneration and social security | 454/9 | €11,108 | €4,182 | -€6,925 | -62.3% |
| Remuneration, social security and pensions | 62 | €70,262 | €8,795 | -€61,467 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,666 | €9,261 | -€4,405 | -32.2% |
| Other operating charges | 640/8 | €1,416 | €10,303 | +€8,887 | +627.5% |
| Non-recurring operating charges | 66A | - | €2,056 | +€2,056 | |
| Gross operating margin | 9900 | €21,926 | -€373,649 | -€395,576 | |
| Operating profit (loss) | 9901 | -€63,418 | -€404,063 | -€340,646 | -537.1% |
| Financial income | 75/76B | €1,155 | €733 | -€422 | -36.5% |
| Recurring financial income | 75 | €1,155 | €733 | -€422 | -36.5% |
| Financial charges | 65/66B | €1,781 | €2,466 | +€685 | +38.5% |
| Recurring financial charges | 65 | €1,781 | €2,466 | +€685 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | -€64,044 | -€405,796 | -€341,752 | -533.6% |
| Income taxes | 67/77 | - | -€5,794 | -€5,794 | |
| Profit (loss) for the period | 9904 | -€64,044 | -€400,002 | -€335,958 | -524.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,044 | -€400,002 | -€335,958 | -524.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.