CIAO 7: 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.
CIAO 7
Largest movements
- Stocks and contracts +€23,489
up €23,489 (+100%), from €23,473 to €46,962
- Receivables within one year +€4,454
up €4,454 (+98.6%), from €4,517 to €8,970
- Cash +€1,581
up €1,581 (+859%), from €184 to €1,765
mainly Trade debts (+€26,635) and Net result for the year (+€7,986)
- Trade debts +€26,635
up €26,635 (+53.0%), from €50,257 to €76,891
- Profit (loss) carried forward +€7,986
up €7,986 (+25.0%), from -€32,000 to -€24,013
- Tax, wage and social debts -€5,097
down €5,097 (-57.2%), from €8,917 to €3,820
- Gross operating margin +€15,857
up €15,857 (+98.6%), from €16,081 to €31,939
- Staff costs +€14,610
up €14,610 (+162%), from €8,993 to €23,603
- Purchases and services -€14,610
down €14,610 (-1.8%), from €818,731 to €804,121
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 | €28,174 | €57,698 | +€29,524 | +105% |
| Current assets | 29/58 | €28,174 | €57,698 | +€29,524 | +105% |
| Stocks and contracts in progress | 3 | €23,473 | €46,962 | +€23,489 | +100% |
| Stocks | 30/36 | €23,473 | €46,962 | +€23,489 | +100% |
| Amounts receivable within one year | 40/41 | €4,517 | €8,970 | +€4,454 | +98.6% |
| Other amounts receivable | 41 | €4,517 | €8,970 | +€4,454 | +98.6% |
| Cash at bank and in hand | 54/58 | €184 | €1,765 | +€1,581 | +859% |
| Total equity and liabilities | 10/49 | €28,174 | €57,698 | +€29,524 | +105% |
| Equity | 10/15 | -€31,000 | -€23,013 | +€7,986 | +25.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,000 | -€24,013 | +€7,986 | +25.0% |
| Amounts payable | 17/49 | €59,173 | €80,711 | +€21,538 | +36.4% |
| Amounts payable within one year | 42/48 | €59,173 | €80,711 | +€21,538 | +36.4% |
| Trade debts | 44 | €50,257 | €76,891 | +€26,635 | +53.0% |
| Suppliers | 440/4 | €50,257 | €76,891 | +€26,635 | +53.0% |
| Taxes, remuneration and social security | 45 | €8,917 | €3,820 | -€5,097 | -57.2% |
| Remuneration and social security | 454/9 | €8,917 | €3,820 | -€5,097 | -57.2% |
| Turnover | 70 | €834,258 | €836,060 | +€1,802 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €818,731 | €804,121 | -€14,610 | -1.8% |
| Remuneration, social security and pensions | 62 | €8,993 | €23,603 | +€14,610 | +162% |
| Other operating charges | 640/8 | - | €12 | +€12 | |
| Gross operating margin | 9900 | €16,081 | €31,939 | +€15,857 | +98.6% |
| Operating profit (loss) | 9901 | €7,089 | €8,323 | +€1,235 | +17.4% |
| Financial charges | 65/66B | €1,119 | €337 | -€782 | -69.9% |
| Recurring financial charges | 65 | €1,119 | €337 | -€782 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €5,969 | €7,986 | +€2,017 | +33.8% |
| Profit (loss) for the period | 9904 | €5,969 | €7,986 | +€2,017 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,969 | €7,986 | +€2,017 | +33.8% |
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 15 October 2026 via checked.be.