CESAN: 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.
CESAN
Largest movements
- Receivables within one year +€6,508
new in 2024: €6,508
- Reserves +€54,159
new in 2024: €54,159
- Debts after one year -€26,310
down €26,310 (-21.8%), from €120,485 to €94,174
- Profit (loss) carried forward -€24,528
down €24,528 (-100.0%), from €24,528 to €0
- Trade debts +€5,615
up €5,615 (+19590.2%), from €29 to €5,643
- Gross operating margin +€9,634
up €9,634 (+53.2%), from €18,100 to €27,734
- Taxes -€8,778
down €8,778, from €3,027 to -€5,751
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 | €424,597 | €432,583 | +€7,986 | +1.9% |
| Fixed assets | 21/28 | €412,939 | €412,939 | = | 0.0% |
| Tangible fixed assets | 22/27 | €412,939 | €412,939 | = | 0.0% |
| Land and buildings | 22 | €412,939 | €412,939 | = | 0.0% |
| Current assets | 29/58 | €11,658 | €19,644 | +€7,986 | +68.5% |
| Amounts receivable within one year | 40/41 | - | €6,508 | +€6,508 | |
| Other amounts receivable | 41 | - | €6,508 | +€6,508 | |
| Cash at bank and in hand | 54/58 | €10,816 | €11,621 | +€805 | +7.4% |
| Deferred charges and accrued income | 490/1 | €841 | €1,515 | +€674 | +80.1% |
| Total equity and liabilities | 10/49 | €424,597 | €432,583 | +€7,986 | +1.9% |
| Equity | 10/15 | €294,666 | €324,297 | +€29,632 | +10.1% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Revaluation surpluses | 12 | €90,138 | €90,138 | = | 0.0% |
| Reserves | 13 | - | €54,159 | +€54,159 | |
| Distributable reserves | 133 | - | €54,159 | +€54,159 | |
| Profit (loss) carried forward | 14 | €24,528 | €0 | -€24,528 | -100.0% |
| Amounts payable | 17/49 | €129,931 | €108,286 | -€21,645 | -16.7% |
| Amounts payable after more than one year | 17 | €120,485 | €94,174 | -€26,310 | -21.8% |
| Financial debts | 170/4 | €120,485 | €94,174 | -€26,310 | -21.8% |
| Amounts payable within one year | 42/48 | €8,696 | €12,601 | +€3,905 | +44.9% |
| Trade debts | 44 | €29 | €5,643 | +€5,615 | +19590.2% |
| Suppliers | 440/4 | €29 | €5,643 | +€5,615 | +19590.2% |
| Taxes, remuneration and social security | 45 | €3,027 | €0 | -€3,027 | -100.0% |
| Taxes | 450/3 | €3,027 | €0 | -€3,027 | -100.0% |
| Other amounts payable | 47/48 | €5,640 | €6,958 | +€1,318 | +23.4% |
| Accrued charges and deferred income | 492/3 | €750 | €1,510 | +€760 | +101.3% |
| Other operating charges | 640/8 | €3,852 | €3,751 | -€100 | -2.6% |
| Gross operating margin | 9900 | €18,100 | €27,734 | +€9,634 | +53.2% |
| Operating profit (loss) | 9901 | €14,249 | €23,983 | +€9,734 | +68.3% |
| Financial charges | 65/66B | €69 | €102 | +€33 | +47.5% |
| Recurring financial charges | 65 | €69 | €102 | +€33 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €14,180 | €23,881 | +€9,701 | +68.4% |
| Income taxes | 67/77 | €3,027 | -€5,751 | -€8,778 | |
| Profit (loss) for the period | 9904 | €11,152 | €29,632 | +€18,479 | +165.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,152 | €29,632 | +€18,479 | +165.7% |
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 28 September 2026 via checked.be.