CHRONOS 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.
CHRONOS CONSTRUCT
Largest movements
- Receivables within one year -€14,199
down €14,199 (-24.5%), from €57,847 to €43,648
of which Trade receivables: -€29,764
- Tangible fixed assets -€1,222
down €1,222 (-23.0%), from €5,305 to €4,083
- Cash -€713
down €713 (-26.3%), from €2,711 to €1,998
mainly Trade debts (-€26,823) and Tax, wage and social debts (-€1,694)
- Trade debts -€26,823
down €26,823 (-67.4%), from €39,787 to €12,965
- Profit (loss) carried forward +€6,679
up €6,679 (+39.5%), from €16,904 to €23,584
- Accrued charges and deferred income +€6,000
new in 2023: €6,000
- Tax, wage and social debts -€1,694
down €1,694 (-23.0%), from €7,375 to €5,681
- Financial charges -€8,660
down €8,660 (-76.4%), from €11,335 to €2,676
- Gross operating margin -€8,474
down €8,474 (-38.8%), from €21,816 to €13,342
- Taxes -€1,637
down €1,637 (-44.7%), from €3,665 to €2,028
- Depreciation +€278
up €278 (+11.2%), from €2,486 to €2,764
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 | €65,895 | €49,729 | -€16,166 | -24.5% |
| Fixed assets | 21/28 | €5,305 | €4,083 | -€1,222 | -23.0% |
| Tangible fixed assets | 22/27 | €5,305 | €4,083 | -€1,222 | -23.0% |
| Furniture and vehicles | 24 | €5,305 | €4,083 | -€1,222 | -23.0% |
| Current assets | 29/58 | €60,590 | €45,646 | -€14,944 | -24.7% |
| Amounts receivable within one year | 40/41 | €57,847 | €43,648 | -€14,199 | -24.5% |
| Trade receivables | 40 | €40,525 | €10,761 | -€29,764 | -73.4% |
| Other amounts receivable | 41 | €17,322 | €32,887 | +€15,565 | +89.9% |
| Cash at bank and in hand | 54/58 | €2,711 | €1,998 | -€713 | -26.3% |
| Deferred charges and accrued income | 490/1 | €31 | - | -€31 | |
| Total equity and liabilities | 10/49 | €65,895 | €49,729 | -€16,166 | -24.5% |
| Equity | 10/15 | €18,404 | €25,084 | +€6,679 | +36.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,904 | €23,584 | +€6,679 | +39.5% |
| Amounts payable | 17/49 | €47,491 | €24,646 | -€22,845 | -48.1% |
| Amounts payable within one year | 42/48 | €47,491 | €18,646 | -€28,845 | -60.7% |
| Current portion of amounts payable after more than one year | 42 | €328 | - | -€328 | |
| Trade debts | 44 | €39,787 | €12,965 | -€26,823 | -67.4% |
| Suppliers | 440/4 | €39,787 | €12,965 | -€26,823 | -67.4% |
| Taxes, remuneration and social security | 45 | €7,375 | €5,681 | -€1,694 | -23.0% |
| Taxes | 450/3 | €7,375 | €5,681 | -€1,694 | -23.0% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,486 | €2,764 | +€278 | +11.2% |
| Other operating charges | 640/8 | €339 | €489 | +€151 | +44.4% |
| Gross operating margin | 9900 | €21,816 | €13,342 | -€8,474 | -38.8% |
| Operating profit (loss) | 9901 | €18,992 | €10,089 | -€8,903 | -46.9% |
| Financial income | 75/76B | €1,392 | €1,293 | -€98 | -7.1% |
| Recurring financial income | 75 | €1,392 | €1,293 | -€98 | -7.1% |
| Financial charges | 65/66B | €11,335 | €2,676 | -€8,660 | -76.4% |
| Recurring financial charges | 65 | €11,335 | €2,676 | -€8,660 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €9,048 | €8,707 | -€341 | -3.8% |
| Income taxes | 67/77 | €3,665 | €2,028 | -€1,637 | -44.7% |
| Profit (loss) for the period | 9904 | €5,383 | €6,679 | +€1,296 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,383 | €6,679 | +€1,296 | +24.1% |
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.