CMGEA AVICENNE: 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.
CMGEA AVICENNE
Largest movements
- Receivables within one year +€236,700
up €236,700 (+297%), from €79,569 to €316,269
- Current investments -€36,000
no longer reported in 2024 (was €36,000)
- Tangible fixed assets -€24,010
down €24,010 (-12.0%), from €200,468 to €176,459
of which Furniture and vehicles: -€60,198
- Intangible fixed assets -€19,500
down €19,500 (-12.5%), from €156,481 to €136,981
- Cash -€15,532
down €15,532 (-89.4%), from €17,368 to €1,836
mainly Receivables within one year (-€236,700) and Debts after one year (-€63,598)
- Profit (loss) carried forward +€136,167
up €136,167 (+126%), from €107,954 to €244,121
- Tax, wage and social debts +€67,960
up €67,960 (+317%), from €21,424 to €89,383
- Debts after one year -€63,598
down €63,598 (-21.8%), from €291,986 to €228,389
- Gross operating margin +€125,399
up €125,399 (+69.3%), from €180,827 to €306,226
- Taxes +€47,312
up €47,312 (+221%), from €21,424 to €68,736
- Depreciation +€14,879
up €14,879 (+21.7%), from €68,633 to €83,512
- Other operating charges -€13,415
down €13,415 (-86.7%), from €15,472 to €2,056
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 | €490,246 | €631,904 | +€141,658 | +28.9% |
| Fixed assets | 21/28 | €357,309 | €313,799 | -€43,510 | -12.2% |
| Intangible fixed assets | 21 | €156,481 | €136,981 | -€19,500 | -12.5% |
| Tangible fixed assets | 22/27 | €200,468 | €176,459 | -€24,010 | -12.0% |
| Plant, machinery and equipment | 23 | €1,254 | €107 | -€1,147 | -91.5% |
| Furniture and vehicles | 24 | €199,214 | €139,017 | -€60,198 | -30.2% |
| Other tangible fixed assets | 26 | - | €37,335 | +€37,335 | |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €132,937 | €318,104 | +€185,168 | +139% |
| Amounts receivable within one year | 40/41 | €79,569 | €316,269 | +€236,700 | +297% |
| Other amounts receivable | 41 | €79,569 | €316,269 | +€236,700 | +297% |
| Current investments | 50/53 | €36,000 | - | -€36,000 | |
| Cash at bank and in hand | 54/58 | €17,368 | €1,836 | -€15,532 | -89.4% |
| Total equity and liabilities | 10/49 | €490,246 | €631,904 | +€141,658 | +28.9% |
| Equity | 10/15 | €112,454 | €248,621 | +€136,167 | +121% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,954 | €244,121 | +€136,167 | +126% |
| Amounts payable | 17/49 | €377,792 | €383,282 | +€5,491 | +1.5% |
| Amounts payable after more than one year | 17 | €291,986 | €228,389 | -€63,598 | -21.8% |
| Financial debts | 170/4 | €291,986 | €228,389 | -€63,598 | -21.8% |
| Amounts payable within one year | 42/48 | €85,805 | €154,894 | +€69,088 | +80.5% |
| Current portion of amounts payable after more than one year | 42 | €60,750 | €63,270 | +€2,521 | +4.1% |
| Financial debts | 43 | €1,659 | - | -€1,659 | |
| Credit institutions | 430/8 | €1,659 | - | -€1,659 | |
| Trade debts | 44 | €1,973 | €2,240 | +€267 | +13.5% |
| Suppliers | 440/4 | €1,973 | €2,240 | +€267 | +13.5% |
| Taxes, remuneration and social security | 45 | €21,424 | €89,383 | +€67,960 | +317% |
| Taxes | 450/3 | €21,424 | €89,383 | +€67,960 | +317% |
| Remuneration, social security and pensions | 62 | €3,520 | €3,840 | +€320 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,633 | €83,512 | +€14,879 | +21.7% |
| Other operating charges | 640/8 | €15,472 | €2,056 | -€13,415 | -86.7% |
| Gross operating margin | 9900 | €180,827 | €306,226 | +€125,399 | +69.3% |
| Operating profit (loss) | 9901 | €93,203 | €216,818 | +€123,615 | +133% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €12,672 | €11,915 | -€757 | -6.0% |
| Recurring financial charges | 65 | €12,672 | €11,915 | -€757 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €80,544 | €204,903 | +€124,359 | +154% |
| Income taxes | 67/77 | €21,424 | €68,736 | +€47,312 | +221% |
| Profit (loss) for the period | 9904 | €59,120 | €136,167 | +€77,047 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €59,120 | €136,167 | +€77,047 | +130% |
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.