CNC TECH: 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.
CNC TECH
Largest movements
- Current investments -€70,000
no longer reported in 2024 (was €70,000)
- Cash -€31,066
down €31,066 (-54.2%), from €57,292 to €26,226
mainly Contributions, distributions and other (-€135,568) and Trade debts (-€35,691)
- Tangible fixed assets -€18,448
down €18,448 (-27.2%), from €67,826 to €49,378
- Reserves -€73,351
down €73,351 (-39.5%), from €185,568 to €112,218
- Trade debts -€35,691
down €35,691 (-46.3%), from €77,146 to €41,455
- Debts after one year -€11,449
down €11,449 (-46.8%), from €24,447 to €12,998
- Tax, wage and social debts +€5,331
up €5,331 (+61.1%), from €8,726 to €14,057
of which Taxes: +€6,682
- Other debts -€4,209
down €4,209 (-46.5%), from €9,046 to €4,837
- Gross operating margin +€82,680
up €82,680 (+101.6%), from €81,339 to €164,020
- Taxes +€18,672
up €18,672 (+739.5%), from €2,525 to €21,197
- Staff costs +€8,682
up €8,682 (+20.3%), from €42,800 to €51,481
- Depreciation +€1,749
up €1,749 (+7.2%), from €24,169 to €25,918
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.
Cash bridge derived
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 | €325,877 | €207,348 | -€118,530 | -36.4% |
| Fixed assets | 21/28 | €68,076 | €49,628 | -€18,448 | -27.1% |
| Tangible fixed assets | 22/27 | €67,826 | €49,378 | -€18,448 | -27.2% |
| Plant, machinery and equipment | 23 | €13,239 | €8,439 | -€4,800 | -36.3% |
| Furniture and vehicles | 24 | €38,734 | €30,723 | -€8,011 | -20.7% |
| Other tangible fixed assets | 26 | €15,852 | €10,216 | -€5,637 | -35.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €257,802 | €157,720 | -€100,082 | -38.8% |
| Stocks and contracts in progress | 3 | €7,684 | €7,221 | -€463 | -6.0% |
| Stocks | 30/36 | €7,684 | €7,221 | -€463 | -6.0% |
| Amounts receivable within one year | 40/41 | €112,501 | €113,584 | +€1,083 | +1.0% |
| Trade receivables | 40 | €81,302 | €101,794 | +€20,492 | +25.2% |
| Other amounts receivable | 41 | €31,199 | €11,790 | -€19,409 | -62.2% |
| Current investments | 50/53 | €70,000 | - | -€70,000 | |
| Cash at bank and in hand | 54/58 | €57,292 | €26,226 | -€31,066 | -54.2% |
| Deferred charges and accrued income | 490/1 | €10,325 | €10,689 | +€364 | +3.5% |
| Total equity and liabilities | 10/49 | €325,877 | €207,348 | -€118,530 | -36.4% |
| Equity | 10/15 | €195,568 | €122,218 | -€73,351 | -37.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €185,568 | €112,218 | -€73,351 | -39.5% |
| Distributable reserves | 133 | €185,568 | €112,218 | -€73,351 | -39.5% |
| Amounts payable | 17/49 | €130,309 | €85,130 | -€45,179 | -34.7% |
| Amounts payable after more than one year | 17 | €24,447 | €12,998 | -€11,449 | -46.8% |
| Financial debts | 170/4 | €24,447 | €12,998 | -€11,449 | -46.8% |
| Amounts payable within one year | 42/48 | €105,862 | €72,132 | -€33,730 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €10,944 | €11,783 | +€839 | +7.7% |
| Trade debts | 44 | €77,146 | €41,455 | -€35,691 | -46.3% |
| Suppliers | 440/4 | €77,146 | €41,455 | -€35,691 | -46.3% |
| Taxes, remuneration and social security | 45 | €8,726 | €14,057 | +€5,331 | +61.1% |
| Taxes | 450/3 | €1,097 | €7,779 | +€6,682 | +609.2% |
| Remuneration and social security | 454/9 | €7,629 | €6,278 | -€1,351 | -17.7% |
| Other amounts payable | 47/48 | €9,046 | €4,837 | -€4,209 | -46.5% |
| Non-recurring operating income | 76A | €11,719 | - | -€11,719 | |
| Remuneration, social security and pensions | 62 | €42,800 | €51,481 | +€8,682 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,169 | €25,918 | +€1,749 | +7.2% |
| Other operating charges | 640/8 | €1,635 | €1,681 | +€46 | +2.8% |
| Gross operating margin | 9900 | €81,339 | €164,020 | +€82,680 | +101.6% |
| Operating profit (loss) | 9901 | €12,736 | €84,939 | +€72,203 | +566.9% |
| Financial income | 75/76B | €521 | €1,178 | +€657 | +126.0% |
| Recurring financial income | 75 | €521 | €1,178 | +€657 | +126.0% |
| Financial charges | 65/66B | €3,890 | €2,703 | -€1,187 | -30.5% |
| Recurring financial charges | 65 | €3,890 | €2,703 | -€1,187 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €9,367 | €83,414 | +€74,047 | +790.5% |
| Income taxes | 67/77 | €2,525 | €21,197 | +€18,672 | +739.5% |
| Profit (loss) for the period | 9904 | €6,842 | €62,218 | +€55,375 | +809.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,842 | €62,218 | +€55,375 | +809.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.