Christopher Moreau Construction: 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.
Christopher Moreau Construction
Largest movements
- Receivables within one year +€58,477
up €58,477 (+283%), from €20,646 to €79,123
of which Trade receivables: +€55,051
- Stocks and contracts -€22,000
down €22,000 (-33.8%), from €65,000 to €43,000
- Tangible fixed assets -€5,804
down €5,804 (-19.9%), from €29,153 to €23,349
of which Furniture and vehicles: -€4,787
- Deferred charges and accrued income -€3,687
down €3,687 (-98.7%), from €3,736 to €49
- Cash +€2,573
up €2,573 (+54.1%), from €4,753 to €7,326
mainly Stocks and contracts (+€22,000) and Depreciation (+€17,266)
- Profit (loss) carried forward +€11,982
up €11,982 (+46.1%), from €25,981 to €37,963
- Trade debts +€10,207
up €10,207 (+73.8%), from €13,835 to €24,042
- Other debts +€6,015
up €6,015 (+10.6%), from €56,481 to €62,496
- Tax, wage and social debts +€2,259
up €2,259 (+10.3%), from €21,992 to €24,251
of which Taxes: +€3,347
- Gross operating margin -€9,622
down €9,622 (-22.3%), from €43,054 to €33,432
- Depreciation +€9,507
up €9,507 (+123%), from €7,759 to €17,266
- Taxes -€5,445
down €5,445 (-61.9%), from €8,792 to €3,347
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 | €123,289 | €153,752 | +€30,463 | +24.7% |
| Fixed assets | 21/28 | €29,154 | €24,254 | -€4,900 | -16.8% |
| Intangible fixed assets | 21 | €1 | €905 | +€904 | +90,400% |
| Tangible fixed assets | 22/27 | €29,153 | €23,349 | -€5,804 | -19.9% |
| Plant, machinery and equipment | 23 | €9,813 | €8,796 | -€1,017 | -10.4% |
| Furniture and vehicles | 24 | €19,340 | €14,553 | -€4,787 | -24.8% |
| Current assets | 29/58 | €94,135 | €129,498 | +€35,363 | +37.6% |
| Stocks and contracts in progress | 3 | €65,000 | €43,000 | -€22,000 | -33.8% |
| Stocks | 30/36 | €65,000 | €43,000 | -€22,000 | -33.8% |
| Amounts receivable within one year | 40/41 | €20,646 | €79,123 | +€58,477 | +283% |
| Trade receivables | 40 | €18,357 | €73,408 | +€55,051 | +300% |
| Other amounts receivable | 41 | €2,289 | €5,715 | +€3,426 | +150% |
| Cash at bank and in hand | 54/58 | €4,753 | €7,326 | +€2,573 | +54.1% |
| Deferred charges and accrued income | 490/1 | €3,736 | €49 | -€3,687 | -98.7% |
| Total equity and liabilities | 10/49 | €123,289 | €153,752 | +€30,463 | +24.7% |
| Equity | 10/15 | €30,981 | €42,963 | +€11,982 | +38.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,981 | €37,963 | +€11,982 | +46.1% |
| Amounts payable | 17/49 | €92,308 | €110,789 | +€18,481 | +20.0% |
| Amounts payable within one year | 42/48 | €92,308 | €110,789 | +€18,481 | +20.0% |
| Trade debts | 44 | €13,835 | €24,042 | +€10,207 | +73.8% |
| Suppliers | 440/4 | €13,835 | €24,042 | +€10,207 | +73.8% |
| Taxes, remuneration and social security | 45 | €21,992 | €24,251 | +€2,259 | +10.3% |
| Taxes | 450/3 | €15,467 | €18,814 | +€3,347 | +21.6% |
| Remuneration and social security | 454/9 | €6,525 | €5,437 | -€1,088 | -16.7% |
| Other amounts payable | 47/48 | €56,481 | €62,496 | +€6,015 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,759 | €17,266 | +€9,507 | +123% |
| Other operating charges | 640/8 | €468 | €728 | +€260 | +55.6% |
| Gross operating margin | 9900 | €43,054 | €33,432 | -€9,622 | -22.3% |
| Operating profit (loss) | 9901 | €34,827 | €15,438 | -€19,389 | -55.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €54 | €111 | +€57 | +106% |
| Recurring financial charges | 65 | €54 | €111 | +€57 | +106% |
| Profit (loss) for the period before taxes | 9903 | €34,773 | €15,329 | -€19,444 | -55.9% |
| Income taxes | 67/77 | €8,792 | €3,347 | -€5,445 | -61.9% |
| Profit (loss) for the period | 9904 | €25,981 | €11,982 | -€13,999 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,981 | €11,982 | -€13,999 | -53.9% |
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 19 October 2026 via checked.be.