CÉZON: 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.
CÉZON
Largest movements
- Receivables within one year +€42,860
up €42,860 (+1385.3%), from €3,094 to €45,954
of which Trade receivables: +€42,561
- Cash -€41,839
down €41,839 (-58.6%), from €71,403 to €29,563
mainly Receivables within one year (-€42,860) and Investment in fixed assets (net) (-€36,633)
- Tangible fixed assets +€35,518
up €35,518 (+3621.3%), from €981 to €36,499
of which Land and buildings: +€34,519
- Reserves +€43,050
up €43,050 (+96.6%), from €44,559 to €87,610
- Tax, wage and social debts -€9,214
down €9,214 (-36.9%), from €24,983 to €15,769
- Trade debts +€5,412
up €5,412 (+501.2%), from €1,080 to €6,492
- Accrued charges and deferred income -€2,855
no longer reported in 2024 (was €2,855)
- Gross operating margin -€3,063
down €3,063 (-5.0%), from €61,207 to €58,144
- Taxes -€2,327
down €2,327 (-15.7%), from €14,781 to €12,454
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 | €75,477 | €112,429 | +€36,951 | +49.0% |
| Fixed assets | 21/28 | €981 | €36,499 | +€35,518 | +3621.3% |
| Tangible fixed assets | 22/27 | €981 | €36,499 | +€35,518 | +3621.3% |
| Land and buildings | 22 | - | €34,519 | +€34,519 | |
| Plant, machinery and equipment | 23 | - | €1,208 | +€1,208 | |
| Furniture and vehicles | 24 | €981 | €772 | -€209 | -21.3% |
| Current assets | 29/58 | €74,496 | €75,930 | +€1,434 | +1.9% |
| Amounts receivable within one year | 40/41 | €3,094 | €45,954 | +€42,860 | +1385.3% |
| Trade receivables | 40 | €991 | €43,552 | +€42,561 | +4294.7% |
| Other amounts receivable | 41 | €2,103 | €2,402 | +€299 | +14.2% |
| Cash at bank and in hand | 54/58 | €71,403 | €29,563 | -€41,839 | -58.6% |
| Deferred charges and accrued income | 490/1 | - | €413 | +€413 | |
| Total equity and liabilities | 10/49 | €75,477 | €112,429 | +€36,951 | +49.0% |
| Equity | 10/15 | €46,559 | €89,610 | +€43,050 | +92.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €44,559 | €87,610 | +€43,050 | +96.6% |
| Distributable reserves | 133 | €44,559 | €87,610 | +€43,050 | +96.6% |
| Amounts payable | 17/49 | €28,918 | €22,819 | -€6,099 | -21.1% |
| Amounts payable within one year | 42/48 | €26,063 | €22,819 | -€3,244 | -12.4% |
| Trade debts | 44 | €1,080 | €6,492 | +€5,412 | +501.2% |
| Suppliers | 440/4 | €1,080 | €6,492 | +€5,412 | +501.2% |
| Taxes, remuneration and social security | 45 | €24,983 | €15,769 | -€9,214 | -36.9% |
| Taxes | 450/3 | €24,983 | €15,769 | -€9,214 | -36.9% |
| Other amounts payable | 47/48 | - | €558 | +€558 | |
| Accrued charges and deferred income | 492/3 | €2,855 | - | -€2,855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €1,115 | -€320 | -22.3% |
| Other operating charges | 640/8 | €369 | €934 | +€565 | +153.1% |
| Gross operating margin | 9900 | €61,207 | €58,144 | -€3,063 | -5.0% |
| Operating profit (loss) | 9901 | €59,403 | €56,096 | -€3,307 | -5.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Non-recurring financial income | 76B | - | €1 | +€1 | |
| Financial charges | 65/66B | €63 | €593 | +€529 | +837.0% |
| Recurring financial charges | 65 | €63 | €265 | +€202 | +318.8% |
| Non-recurring financial charges | 66B | - | €328 | +€328 | |
| Profit (loss) for the period before taxes | 9903 | €59,340 | €55,504 | -€3,836 | -6.5% |
| Income taxes | 67/77 | €14,781 | €12,454 | -€2,327 | -15.7% |
| Profit (loss) for the period | 9904 | €44,559 | €43,050 | -€1,509 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,559 | €43,050 | -€1,509 | -3.4% |
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 29 September 2026 via checked.be.