CIMAZUR: 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.
CIMAZUR
Largest movements
- Tangible fixed assets +€277,562
up €277,562 (+17.4%), from €1.6m to €1.9m
of which Land and buildings: +€280,403
- Cash -€105,561
down €105,561 (-93.2%), from €113,265 to €7,704
mainly Investment in fixed assets (net) (-€386,976) and Receivables within one year (-€41,173)
- Receivables within one year +€41,173
up €41,173 (+49.3%), from €83,451 to €124,624
of which Trade receivables: +€32,143
- Other debts +€154,816
up €154,816 (+17.9%), from €864,904 to €1.0m
- Trade debts +€94,825
up €94,825 (+81.4%), from €116,442 to €211,267
- Debts after one year -€29,744
down €29,744 (-5.4%), from €553,631 to €523,887
- Gross operating margin -€21,125
down €21,125 (-14.2%), from €148,575 to €127,450
- Depreciation +€17,612
up €17,612 (+20.4%), from €86,125 to €103,737
- Financial charges -€9,132
down €9,132 (-52.4%), from €17,419 to €8,287
- Other operating charges +€4,106
up €4,106 (+27.7%), from €14,835 to €18,941
- Financial income -€3,538
down €3,538 (-93.3%), from €3,791 to €253
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 | €1,824,833 | €2,032,111 | +€207,278 | +11.4% |
| Fixed assets | 21/28 | €1,593,818 | €1,877,058 | +€283,240 | +17.8% |
| Intangible fixed assets | 21 | €1,272 | €6,949 | +€5,678 | +446.5% |
| Tangible fixed assets | 22/27 | €1,592,546 | €1,870,108 | +€277,562 | +17.4% |
| Land and buildings | 22 | €1,555,256 | €1,835,658 | +€280,403 | +18.0% |
| Plant, machinery and equipment | 23 | €13,140 | €10,604 | -€2,536 | -19.3% |
| Furniture and vehicles | 24 | €24,151 | €23,846 | -€305 | -1.3% |
| Current assets | 29/58 | €231,015 | €155,053 | -€75,962 | -32.9% |
| Stocks and contracts in progress | 3 | €30,756 | €21,706 | -€9,050 | -29.4% |
| Stocks | 30/36 | €30,756 | €21,706 | -€9,050 | -29.4% |
| Amounts receivable within one year | 40/41 | €83,451 | €124,624 | +€41,173 | +49.3% |
| Trade receivables | 40 | €69,939 | €102,082 | +€32,143 | +46.0% |
| Other amounts receivable | 41 | €13,512 | €22,542 | +€9,030 | +66.8% |
| Current investments | 50/53 | €2,500 | - | -€2,500 | |
| Cash at bank and in hand | 54/58 | €113,265 | €7,704 | -€105,561 | -93.2% |
| Deferred charges and accrued income | 490/1 | €1,043 | €1,020 | -€23 | -2.2% |
| Total equity and liabilities | 10/49 | €1,824,833 | €2,032,111 | +€207,278 | +11.4% |
| Equity | 10/15 | €225,176 | €221,914 | -€3,262 | -1.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €185,176 | €181,914 | -€3,262 | -1.8% |
| Distributable reserves | 133 | €185,176 | €181,914 | -€3,262 | -1.8% |
| Amounts payable | 17/49 | €1,599,657 | €1,810,197 | +€210,540 | +13.2% |
| Amounts payable after more than one year | 17 | €553,631 | €523,887 | -€29,744 | -5.4% |
| Financial debts | 170/4 | €553,631 | €523,887 | -€29,744 | -5.4% |
| Amounts payable within one year | 42/48 | €1,046,026 | €1,285,869 | +€239,842 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €33,816 | €34,221 | +€405 | +1.2% |
| Financial debts | 43 | - | €924 | +€924 | |
| Credit institutions | 430/8 | - | €924 | +€924 | |
| Trade debts | 44 | €116,442 | €211,267 | +€94,825 | +81.4% |
| Suppliers | 440/4 | €116,442 | €211,267 | +€94,825 | +81.4% |
| Advances received on contracts in progress | 46 | €2,850 | - | -€2,850 | |
| Taxes, remuneration and social security | 45 | €28,015 | €19,738 | -€8,277 | -29.5% |
| Taxes | 450/3 | €28,015 | €19,738 | -€8,277 | -29.5% |
| Other amounts payable | 47/48 | €864,904 | €1,019,720 | +€154,816 | +17.9% |
| Accrued charges and deferred income | 492/3 | - | €441 | +€441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,125 | €103,737 | +€17,612 | +20.4% |
| Other operating charges | 640/8 | €14,835 | €18,941 | +€4,106 | +27.7% |
| Gross operating margin | 9900 | €148,575 | €127,450 | -€21,125 | -14.2% |
| Operating profit (loss) | 9901 | €47,615 | €4,772 | -€42,843 | -90.0% |
| Financial income | 75/76B | €3,791 | €253 | -€3,538 | -93.3% |
| Recurring financial income | 75 | €3,791 | €253 | -€3,538 | -93.3% |
| Financial charges | 65/66B | €17,419 | €8,287 | -€9,132 | -52.4% |
| Recurring financial charges | 65 | €17,419 | €8,287 | -€9,132 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €33,986 | -€3,262 | -€37,249 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €33,986 | -€3,262 | -€37,249 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,986 | -€3,262 | -€37,249 |
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 1 October 2026 via checked.be.