CFL Construct: 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.
CFL Construct
Largest movements
- Cash -€8,158
down €8,158 (-55.7%), from €14,640 to €6,481
mainly Net result for the year (-€9,852) and Receivables within one year (-€7,988)
- Receivables within one year +€7,988
up €7,988 (+45.5%), from €17,571 to €25,559
of which Trade receivables: +€6,129
- Tangible fixed assets +€2,659
new in 2023: €2,659
- Profit (loss) carried forward -€9,852
down €9,852 (-58.6%), from €16,821 to €6,968
- Tax, wage and social debts +€6,772
up €6,772 (+121.4%), from €5,579 to €12,351
of which Remuneration and social security: +€8,000
- Trade debts +€4,773
up €4,773 (+68.4%), from €6,983 to €11,756
- Other debts +€496
up €496 (+387.5%), from €128 to €624
- Purchases and services +€40,629
up €40,629 (+18.3%), from €221,512 to €262,141
- Turnover +€22,270
up €22,270 (+9.4%), from €237,966 to €260,235
- Gross operating margin -€18,359
down €18,359, from €16,454 to -€1,906
- Staff costs -€4,576
down €4,576 (-45.0%), from €10,167 to €5,591
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,510 | €34,699 | +€2,188 | +6.7% |
| Fixed assets | 21/28 | €300 | €2,659 | +€2,359 | +786.2% |
| Tangible fixed assets | 22/27 | - | €2,659 | +€2,659 | |
| Plant, machinery and equipment | 23 | - | €2,659 | +€2,659 | |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €32,210 | €32,040 | -€170 | -0.5% |
| Amounts receivable within one year | 40/41 | €17,571 | €25,559 | +€7,988 | +45.5% |
| Trade receivables | 40 | €15,933 | €22,062 | +€6,129 | +38.5% |
| Other amounts receivable | 41 | €1,638 | €3,497 | +€1,859 | +113.5% |
| Cash at bank and in hand | 54/58 | €14,640 | €6,481 | -€8,158 | -55.7% |
| Total equity and liabilities | 10/49 | €32,510 | €34,699 | +€2,188 | +6.7% |
| Equity | 10/15 | €19,821 | €9,968 | -€9,852 | -49.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,821 | €6,968 | -€9,852 | -58.6% |
| Amounts payable | 17/49 | €12,690 | €24,731 | +€12,041 | +94.9% |
| Amounts payable within one year | 42/48 | €12,690 | €24,731 | +€12,041 | +94.9% |
| Trade debts | 44 | €6,983 | €11,756 | +€4,773 | +68.4% |
| Suppliers | 440/4 | €6,983 | €11,756 | +€4,773 | +68.4% |
| Taxes, remuneration and social security | 45 | €5,579 | €12,351 | +€6,772 | +121.4% |
| Taxes | 450/3 | €5,579 | €4,351 | -€1,228 | -22.0% |
| Remuneration and social security | 454/9 | - | €8,000 | +€8,000 | |
| Other amounts payable | 47/48 | €128 | €624 | +€496 | +387.5% |
| Turnover | 70 | €237,966 | €260,235 | +€22,270 | +9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €221,512 | €262,141 | +€40,629 | +18.3% |
| Remuneration, social security and pensions | 62 | €10,167 | €5,591 | -€4,576 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €240 | +€240 | |
| Other operating charges | 640/8 | €2,227 | €777 | -€1,450 | -65.1% |
| Gross operating margin | 9900 | €16,454 | -€1,906 | -€18,359 | |
| Operating profit (loss) | 9901 | €4,060 | -€8,513 | -€12,573 | |
| Financial income | 75/76B | €2 | €90 | +€88 | +4588.0% |
| Recurring financial income | 75 | €2 | €90 | +€88 | +4588.0% |
| Financial charges | 65/66B | €174 | €1,429 | +€1,255 | +719.5% |
| Recurring financial charges | 65 | €174 | €1,429 | +€1,255 | +719.5% |
| Profit (loss) for the period before taxes | 9903 | €3,887 | -€9,852 | -€13,740 | |
| Income taxes | 67/77 | €974 | - | -€974 | |
| Profit (loss) for the period | 9904 | €2,913 | -€9,852 | -€12,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,913 | -€9,852 | -€12,766 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.