CILMA: 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.
CILMA
Largest movements
- Receivables within one year +€117,821
up €117,821 (+137%), from €86,280 to €204,101
of which Other amounts receivable: +€109,665
- Cash -€107,632
down €107,632 (-31.0%), from €347,239 to €239,607
mainly Receivables within one year (-€117,821) and Other debts (-€60,922)
- Tangible fixed assets -€48,163
down €48,163 (-8.3%), from €579,694 to €531,531
of which Land and buildings: -€32,077
- Other debts -€60,922
down €60,922 (-60.9%), from €100,000 to €39,078
- Debts after one year -€52,805
down €52,805 (-13.2%), from €401,160 to €348,355
- Reserves +€39,143
up €39,143 (+11.7%), from €334,129 to €373,272
of which Distributable reserves: +€41,003
- Tax, wage and social debts +€26,081
up €26,081 (+47.6%), from €54,825 to €80,906
of which Taxes: +€17,952
- Gross operating margin -€128,431
down €128,431 (-28.5%), from €450,482 to €322,050
- Taxes -€57,546
down €57,546 (-77.3%), from €74,446 to €16,899
- Other operating charges +€33,906
up €33,906 (+343%), from €9,899 to €43,805
- Staff costs +€16,946
up €16,946 (+13.2%), from €127,914 to €144,859
- Depreciation +€4,690
up €4,690 (+7.8%), from €60,327 to €65,017
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 | €1,022,145 | €984,967 | -€37,178 | -3.6% |
| Fixed assets | 21/28 | €582,625 | €534,034 | -€48,591 | -8.3% |
| Intangible fixed assets | 21 | €481 | €53 | -€428 | -89.1% |
| Tangible fixed assets | 22/27 | €579,694 | €531,531 | -€48,163 | -8.3% |
| Land and buildings | 22 | €461,983 | €429,906 | -€32,077 | -6.9% |
| Plant, machinery and equipment | 23 | €50,413 | €40,162 | -€10,250 | -20.3% |
| Furniture and vehicles | 24 | €67,298 | €61,463 | -€5,835 | -8.7% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €439,520 | €450,933 | +€11,413 | +2.6% |
| Stocks and contracts in progress | 3 | €4,297 | €4,809 | +€512 | +11.9% |
| Stocks | 30/36 | €4,297 | €4,809 | +€512 | +11.9% |
| Amounts receivable within one year | 40/41 | €86,280 | €204,101 | +€117,821 | +137% |
| Trade receivables | 40 | €52,361 | €60,517 | +€8,156 | +15.6% |
| Other amounts receivable | 41 | €33,920 | €143,584 | +€109,665 | +323% |
| Cash at bank and in hand | 54/58 | €347,239 | €239,607 | -€107,632 | -31.0% |
| Deferred charges and accrued income | 490/1 | €1,704 | €2,415 | +€711 | +41.8% |
| Total equity and liabilities | 10/49 | €1,022,145 | €984,967 | -€37,178 | -3.6% |
| Equity | 10/15 | €352,729 | €391,872 | +€39,143 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €334,129 | €373,272 | +€39,143 | +11.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €332,269 | €373,272 | +€41,003 | +12.3% |
| Amounts payable | 17/49 | €669,415 | €593,094 | -€76,321 | -11.4% |
| Amounts payable after more than one year | 17 | €401,160 | €348,355 | -€52,805 | -13.2% |
| Financial debts | 170/4 | €401,160 | €348,355 | -€52,805 | -13.2% |
| Amounts payable within one year | 42/48 | €259,952 | €235,418 | -€24,534 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €51,425 | €52,805 | +€1,380 | +2.7% |
| Trade debts | 44 | €53,702 | €62,629 | +€8,927 | +16.6% |
| Suppliers | 440/4 | €53,702 | €62,629 | +€8,927 | +16.6% |
| Taxes, remuneration and social security | 45 | €54,825 | €80,906 | +€26,081 | +47.6% |
| Taxes | 450/3 | €42,377 | €60,329 | +€17,952 | +42.4% |
| Remuneration and social security | 454/9 | €12,448 | €20,577 | +€8,129 | +65.3% |
| Other amounts payable | 47/48 | €100,000 | €39,078 | -€60,922 | -60.9% |
| Accrued charges and deferred income | 492/3 | €8,303 | €9,321 | +€1,017 | +12.3% |
| Non-recurring operating income | 76A | €134,040 | - | -€134,040 | |
| Remuneration, social security and pensions | 62 | €127,914 | €144,859 | +€16,946 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,327 | €65,017 | +€4,690 | +7.8% |
| Other operating charges | 640/8 | €9,899 | €43,805 | +€33,906 | +343% |
| Gross operating margin | 9900 | €450,482 | €322,050 | -€128,431 | -28.5% |
| Operating profit (loss) | 9901 | €252,341 | €68,368 | -€183,973 | -72.9% |
| Financial income | 75/76B | €775 | €2,268 | +€1,493 | +193% |
| Recurring financial income | 75 | €775 | €2,268 | +€1,493 | +193% |
| Financial charges | 65/66B | €14,856 | €14,593 | -€263 | -1.8% |
| Recurring financial charges | 65 | €14,856 | €14,593 | -€263 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €238,260 | €56,042 | -€182,218 | -76.5% |
| Income taxes | 67/77 | €74,446 | €16,899 | -€57,546 | -77.3% |
| Profit (loss) for the period | 9904 | €163,815 | €39,143 | -€124,671 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €163,815 | €39,143 | -€124,671 | -76.1% |
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.