CerWal: 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.
CerWal
Largest movements
- Cash -€3,442
down €3,442 (-18.6%), from €18,482 to €15,040
mainly Net result for the year (-€3,022) and Receivables within one year (-€506)
- Receivables within one year +€506
up €506 (+26.0%), from €1,941 to €2,446
- Profit (loss) carried forward -€3,022
down €3,022 (-162.4%), from -€1,861 to -€4,883
- Gross operating margin -€751
down €751 (-35.9%), from -€2,091 to -€2,842
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 | €20,423 | €17,487 | -€2,937 | -14.4% |
| Current assets | 29/58 | €20,423 | €17,487 | -€2,937 | -14.4% |
| Amounts receivable within one year | 40/41 | €1,941 | €2,446 | +€506 | +26.0% |
| Other amounts receivable | 41 | €1,941 | €2,446 | +€506 | +26.0% |
| Cash at bank and in hand | 54/58 | €18,482 | €15,040 | -€3,442 | -18.6% |
| Total equity and liabilities | 10/49 | €20,423 | €17,487 | -€2,937 | -14.4% |
| Equity | 10/15 | €18,139 | €15,117 | -€3,022 | -16.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,861 | -€4,883 | -€3,022 | -162.4% |
| Amounts payable | 17/49 | €2,284 | €2,370 | +€86 | +3.7% |
| Amounts payable within one year | 42/48 | €2,284 | €2,370 | +€86 | +3.7% |
| Trade debts | 44 | €2,284 | €2,370 | +€86 | +3.7% |
| Suppliers | 440/4 | €2,284 | €2,370 | +€86 | +3.7% |
| Gross operating margin | 9900 | -€2,091 | -€2,842 | -€751 | -35.9% |
| Operating profit (loss) | 9901 | -€2,091 | -€2,842 | -€751 | -35.9% |
| Financial charges | 65/66B | €180 | €180 | = | 0.0% |
| Recurring financial charges | 65 | €180 | €180 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,271 | -€3,022 | -€751 | -33.1% |
| Profit (loss) for the period | 9904 | -€2,271 | -€3,022 | -€751 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,271 | -€3,022 | -€751 | -33.1% |
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 12 October 2026 via checked.be.