CEVEA Production: 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.
CEVEA Production
Largest movements
- Receivables after one year +€74,848
up €74,848 (+22.5%), from €332,031 to €406,879
of which Other amounts receivable: +€54,048
- Cash -€56,059
down €56,059 (-33.3%), from €168,177 to €112,118
mainly Receivables after one year (-€74,848) and Deferred charges and accrued income (-€37,090)
- Deferred charges and accrued income +€37,090
up €37,090 (+1,034%), from €3,588 to €40,678
- Reserves +€82,002
up €82,002 (+23.8%), from €344,738 to €426,740
of which Distributable reserves: +€82,002
- Tax, wage and social debts -€28,364
down €28,364 (-21.0%), from €134,996 to €106,633
of which Taxes: -€35,581
- Gross operating margin -€76,614
down €76,614 (-31.8%), from €241,222 to €164,608
- Taxes -€29,584
down €29,584 (-30.9%), from €95,667 to €66,083
- Financial income -€3,661
down €3,661 (-24.7%), from €14,816 to €11,155
- Other operating charges +€3,281
up €3,281 (+279%), from €1,177 to €4,458
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 | €528,904 | €580,959 | +€52,055 | +9.8% |
| Fixed assets | 21/28 | €3,583 | €5,308 | +€1,725 | +48.2% |
| Tangible fixed assets | 22/27 | €3,038 | €4,763 | +€1,725 | +56.8% |
| Plant, machinery and equipment | 23 | €3,038 | €1,889 | -€1,149 | -37.8% |
| Furniture and vehicles | 24 | - | €2,874 | +€2,874 | |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €525,321 | €575,651 | +€50,330 | +9.6% |
| Amounts receivable after more than one year | 29 | €332,031 | €406,879 | +€74,848 | +22.5% |
| Trade receivables | 290 | - | €20,800 | +€20,800 | |
| Other amounts receivable | 291 | €332,031 | €386,079 | +€54,048 | +16.3% |
| Amounts receivable within one year | 40/41 | €18,302 | €12,752 | -€5,550 | -30.3% |
| Trade receivables | 40 | €11,595 | €5,626 | -€5,969 | -51.5% |
| Other amounts receivable | 41 | €6,707 | €7,126 | +€419 | +6.2% |
| Current investments | 50/53 | €3,223 | €3,223 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €168,177 | €112,118 | -€56,059 | -33.3% |
| Deferred charges and accrued income | 490/1 | €3,588 | €40,678 | +€37,090 | +1,034% |
| Total equity and liabilities | 10/49 | €528,904 | €580,959 | +€52,055 | +9.8% |
| Equity | 10/15 | €365,320 | €447,907 | +€82,587 | +22.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €344,738 | €426,740 | +€82,002 | +23.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €342,738 | €424,740 | +€82,002 | +23.9% |
| Profit (loss) carried forward | 14 | €582 | €1,167 | +€585 | +101% |
| Amounts payable | 17/49 | €163,584 | €133,052 | -€30,532 | -18.7% |
| Amounts payable within one year | 42/48 | €163,546 | €133,052 | -€30,494 | -18.6% |
| Trade debts | 44 | €10,400 | €8,270 | -€2,130 | -20.5% |
| Suppliers | 440/4 | €10,400 | €8,270 | -€2,130 | -20.5% |
| Advances received on contracts in progress | 46 | €18,150 | €18,150 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €134,996 | €106,633 | -€28,364 | -21.0% |
| Taxes | 450/3 | €134,996 | €99,415 | -€35,581 | -26.4% |
| Remuneration and social security | 454/9 | - | €7,218 | +€7,218 | |
| Accrued charges and deferred income | 492/3 | €39 | - | -€39 | |
| Non-recurring operating income | 76A | - | €29,819 | +€29,819 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,585 | €2,585 | +€1,000 | +63.1% |
| Other operating charges | 640/8 | €1,177 | €4,458 | +€3,281 | +279% |
| Gross operating margin | 9900 | €241,222 | €164,608 | -€76,614 | -31.8% |
| Operating profit (loss) | 9901 | €238,460 | €157,565 | -€80,895 | -33.9% |
| Financial income | 75/76B | €14,816 | €11,155 | -€3,661 | -24.7% |
| Recurring financial income | 75 | €14,816 | €11,155 | -€3,661 | -24.7% |
| Financial charges | 65/66B | €2,372 | €2,052 | -€321 | -13.5% |
| Recurring financial charges | 65 | €2,372 | €2,052 | -€321 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €250,903 | €166,668 | -€84,235 | -33.6% |
| Income taxes | 67/77 | €95,667 | €66,083 | -€29,584 | -30.9% |
| Profit (loss) for the period | 9904 | €155,236 | €100,585 | -€54,651 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €155,236 | €100,585 | -€54,651 | -35.2% |
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.