CIMARD: 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.
CIMARD
Largest movements
- Receivables after one year +€109,231
new in 2024: €109,231
- Receivables within one year -€108,946
no longer reported in 2024 (was €108,946)
- Tangible fixed assets +€20,494
up €20,494 (+9.2%), from €223,311 to €243,805
of which Land and buildings: +€20,529
- Cash +€8,558
up €8,558 (+1,028%), from €832 to €9,390
mainly Receivables within one year (+€108,946) and Debts after one year (+€68,250)
- Debts after one year +€68,250
up €68,250 (+17.3%), from €393,993 to €462,243
- Profit (loss) carried forward -€43,048
down €43,048 (-23.0%), from -€187,239 to -€230,287
- Turnover +€17,638
new in 2024: €17,638
- Purchases and services +€13,223
up €13,223 (+61.4%), from €21,536 to €34,759
- Gross operating margin -€11,702
down €11,702, from €7,981 to -€3,721
- Financial charges -€5,089
down €5,089 (-24.8%), from €20,507 to €15,417
- Depreciation +€3,565
up €3,565 (+20.7%), from €17,214 to €20,779
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 | €333,355 | €362,693 | +€29,338 | +8.8% |
| Fixed assets | 21/28 | €223,577 | €244,072 | +€20,494 | +9.2% |
| Tangible fixed assets | 22/27 | €223,311 | €243,805 | +€20,494 | +9.2% |
| Land and buildings | 22 | €222,887 | €243,416 | +€20,529 | +9.2% |
| Other tangible fixed assets | 26 | €424 | €389 | -€35 | -8.3% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €109,778 | €118,622 | +€8,844 | +8.1% |
| Amounts receivable after more than one year | 29 | - | €109,231 | +€109,231 | |
| Trade receivables | 290 | - | €109,231 | +€109,231 | |
| Amounts receivable within one year | 40/41 | €108,946 | - | -€108,946 | |
| Trade receivables | 40 | €108,946 | - | -€108,946 | |
| Cash at bank and in hand | 54/58 | €832 | €9,390 | +€8,558 | +1,028% |
| Total equity and liabilities | 10/49 | €333,355 | €362,693 | +€29,338 | +8.8% |
| Equity | 10/15 | -€113,793 | -€156,841 | -€43,048 | -37.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €11,473 | €11,473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,020 | €2,020 | = | 0.0% |
| Legal reserve | 130 | €2,020 | €2,020 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,320 | €7,320 | = | 0.0% |
| Distributable reserves | 133 | €2,133 | €2,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,239 | -€230,287 | -€43,048 | -23.0% |
| Amounts payable | 17/49 | €447,148 | €519,534 | +€72,386 | +16.2% |
| Amounts payable after more than one year | 17 | €393,993 | €462,243 | +€68,250 | +17.3% |
| Financial debts | 170/4 | €393,993 | €462,243 | +€68,250 | +17.3% |
| Amounts payable within one year | 42/48 | €53,155 | €57,291 | +€4,136 | +7.8% |
| Trade debts | 44 | €13,133 | €14,084 | +€951 | +7.2% |
| Suppliers | 440/4 | €13,133 | €14,084 | +€951 | +7.2% |
| Other amounts payable | 47/48 | €40,022 | €43,207 | +€3,185 | +8.0% |
| Turnover | 70 | - | €17,638 | +€17,638 | |
| Non-recurring operating income | 76A | €29,517 | €13,400 | -€16,117 | -54.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,536 | €34,759 | +€13,223 | +61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,214 | €20,779 | +€3,565 | +20.7% |
| Gross operating margin | 9900 | €7,981 | -€3,721 | -€11,702 | |
| Operating profit (loss) | 9901 | -€9,234 | -€24,500 | -€15,267 | -165% |
| Financial charges | 65/66B | €20,507 | €15,417 | -€5,089 | -24.8% |
| Recurring financial charges | 65 | €20,507 | €15,417 | -€5,089 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,740 | -€39,918 | -€10,177 | -34.2% |
| Income taxes | 67/77 | €2,999 | €3,130 | +€132 | +4.4% |
| Profit (loss) for the period | 9904 | -€32,739 | -€43,048 | -€10,309 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,739 | -€43,048 | -€10,309 | -31.5% |
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 16 October 2026 via checked.be.