CICCATH: 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.
CICCATH
Largest movements
- Receivables after one year -€7,273
down €7,273 (-55.9%), from €13,010 to €5,737
- Receivables within one year +€6,539
up €6,539 (+30.6%), from €21,346 to €27,886
of which Trade receivables: +€3,307
- Cash -€3,917
down €3,917 (-32.2%), from €12,163 to €8,246
mainly Tax, wage and social debts (-€25,898) and Other debts (-€8,988)
- Tangible fixed assets -€3,397
down €3,397 (-10.3%), from €32,882 to €29,486
of which Other tangible fixed assets: -€3,283
- Formation expenses -€1,103
no longer reported in 2024 (was €1,103)
- Profit (loss) carried forward +€31,627
up €31,627 (+29.8%), from -€106,297 to -€74,670
- Tax, wage and social debts -€25,898
down €25,898 (-58.8%), from €44,057 to €18,160
of which Remuneration and social security: -€21,517
- Other debts -€8,988
down €8,988 (-15.0%), from €60,059 to €51,071
- Trade debts -€7,633
down €7,633 (-17.6%), from €43,479 to €35,846
- Advances received +€4,035
new in 2024: €4,035
- Gross operating margin +€51,019
up €51,019 (+65.2%), from €78,245 to €129,264
- Other operating charges +€13,569
up €13,569 (+51.7%), from €26,254 to €39,823
- Financial charges -€8,025
down €8,025 (-73.8%), from €10,870 to €2,845
- Staff costs -€4,224
down €4,224 (-7.5%), from €55,982 to €51,759
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 | €84,046 | €75,345 | -€8,701 | -10.4% |
| Formation expenses | 20 | €1,103 | - | -€1,103 | |
| Fixed assets | 21/28 | €33,378 | €29,982 | -€3,397 | -10.2% |
| Tangible fixed assets | 22/27 | €32,882 | €29,486 | -€3,397 | -10.3% |
| Plant, machinery and equipment | 23 | €4,448 | €3,470 | -€977 | -22.0% |
| Furniture and vehicles | 24 | €1,503 | €2,366 | +€863 | +57.5% |
| Other tangible fixed assets | 26 | €26,932 | €23,650 | -€3,283 | -12.2% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €49,564 | €45,363 | -€4,201 | -8.5% |
| Amounts receivable after more than one year | 29 | €13,010 | €5,737 | -€7,273 | -55.9% |
| Other amounts receivable | 291 | €13,010 | €5,737 | -€7,273 | -55.9% |
| Stocks and contracts in progress | 3 | €1,936 | €2,033 | +€97 | +5.0% |
| Stocks | 30/36 | €1,936 | €2,033 | +€97 | +5.0% |
| Amounts receivable within one year | 40/41 | €21,346 | €27,886 | +€6,539 | +30.6% |
| Trade receivables | 40 | €13,534 | €16,840 | +€3,307 | +24.4% |
| Other amounts receivable | 41 | €7,813 | €11,045 | +€3,233 | +41.4% |
| Cash at bank and in hand | 54/58 | €12,163 | €8,246 | -€3,917 | -32.2% |
| Deferred charges and accrued income | 490/1 | €1,109 | €1,462 | +€353 | +31.8% |
| Total equity and liabilities | 10/49 | €84,046 | €75,345 | -€8,701 | -10.4% |
| Equity | 10/15 | -€65,394 | -€33,767 | +€31,627 | +48.4% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,297 | -€74,670 | +€31,627 | +29.8% |
| Amounts payable | 17/49 | €149,441 | €109,112 | -€40,328 | -27.0% |
| Amounts payable within one year | 42/48 | €149,171 | €109,112 | -€40,059 | -26.9% |
| Financial debts | 43 | €1,576 | - | -€1,576 | |
| Credit institutions | 430/8 | €1,576 | - | -€1,576 | |
| Trade debts | 44 | €43,479 | €35,846 | -€7,633 | -17.6% |
| Suppliers | 440/4 | €43,479 | €35,846 | -€7,633 | -17.6% |
| Advances received on contracts in progress | 46 | - | €4,035 | +€4,035 | |
| Taxes, remuneration and social security | 45 | €44,057 | €18,160 | -€25,898 | -58.8% |
| Taxes | 450/3 | €8,467 | €4,086 | -€4,381 | -51.7% |
| Remuneration and social security | 454/9 | €35,590 | €14,074 | -€21,517 | -60.5% |
| Other amounts payable | 47/48 | €60,059 | €51,071 | -€8,988 | -15.0% |
| Accrued charges and deferred income | 492/3 | €269 | - | -€269 | |
| Remuneration, social security and pensions | 62 | €55,982 | €51,759 | -€4,224 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,313 | €6,355 | +€1,042 | +19.6% |
| Other operating charges | 640/8 | €26,254 | €39,823 | +€13,569 | +51.7% |
| Gross operating margin | 9900 | €78,245 | €129,264 | +€51,019 | +65.2% |
| Operating profit (loss) | 9901 | -€9,304 | €31,327 | +€40,631 | |
| Financial income | 75/76B | €2,918 | €3,145 | +€227 | +7.8% |
| Recurring financial income | 75 | €2,918 | €3,145 | +€227 | +7.8% |
| Financial charges | 65/66B | €10,870 | €2,845 | -€8,025 | -73.8% |
| Recurring financial charges | 65 | €10,870 | €2,845 | -€8,025 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,256 | €31,627 | +€48,883 | |
| Profit (loss) for the period | 9904 | -€17,256 | €31,627 | +€48,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,256 | €31,627 | +€48,883 |
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 18 October 2026 via checked.be.