"CNCS": 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.
"CNCS"
Largest movements
- Receivables within one year -€103,118
down €103,118 (-66.5%), from €155,145 to €52,027
of which Trade receivables: -€102,351
- Stocks and contracts -€38,343
down €38,343 (-20.6%), from €185,744 to €147,401
- Tangible fixed assets -€29,841
down €29,841 (-5.7%), from €522,696 to €492,855
of which Other tangible fixed assets: -€31,013
- Cash -€13,183
down €13,183 (-73.3%), from €17,995 to €4,812
mainly Net result for the year (-€135,081) and Trade debts (-€82,438)
- Profit (loss) carried forward -€135,081
down €135,081 (-397.3%), from -€33,996 to -€169,078
- Trade debts -€82,438
down €82,438 (-62.1%), from €132,732 to €50,294
- Other debts +€65,088
up €65,088 (+154.9%), from €42,014 to €107,101
- Debts after one year -€45,591
down €45,591 (-9.0%), from €508,604 to €463,013
of which Financial debts: -€45,591
- Gross operating margin -€122,013
down €122,013, from €103,684 to -€18,329
- Staff costs +€25,183
up €25,183 (+23061.5%), from €109 to €25,292
- Other operating charges -€21,559
down €21,559 (-75.8%), from €28,459 to €6,901
- Financial charges +€3,755
up €3,755 (+12.9%), from €29,100 to €32,855
- Financial income -€2,788
down €2,788 (-99.3%), from €2,809 to €21
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 | €884,713 | €701,481 | -€183,232 | -20.7% |
| Fixed assets | 21/28 | €525,373 | €494,026 | -€31,348 | -6.0% |
| Intangible fixed assets | 21 | €2,677 | €1,170 | -€1,507 | -56.3% |
| Tangible fixed assets | 22/27 | €522,696 | €492,855 | -€29,841 | -5.7% |
| Furniture and vehicles | 24 | €4,186 | €5,358 | +€1,172 | +28.0% |
| Other tangible fixed assets | 26 | €518,510 | €487,497 | -€31,013 | -6.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €359,339 | €207,455 | -€151,884 | -42.3% |
| Stocks and contracts in progress | 3 | €185,744 | €147,401 | -€38,343 | -20.6% |
| Stocks | 30/36 | €185,744 | €147,401 | -€38,343 | -20.6% |
| Amounts receivable within one year | 40/41 | €155,145 | €52,027 | -€103,118 | -66.5% |
| Trade receivables | 40 | €154,379 | €52,027 | -€102,351 | -66.3% |
| Other amounts receivable | 41 | €766 | €0 | -€766 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,995 | €4,812 | -€13,183 | -73.3% |
| Deferred charges and accrued income | 490/1 | €456 | €3,215 | +€2,759 | +605.4% |
| Total equity and liabilities | 10/49 | €884,713 | €701,481 | -€183,232 | -20.7% |
| Equity | 10/15 | €3,319 | -€131,762 | -€135,081 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,316 | €32,316 | = | 0.0% |
| Distributable reserves | 133 | €32,316 | €32,316 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,996 | -€169,078 | -€135,081 | -397.3% |
| Amounts payable | 17/49 | €881,393 | €833,242 | -€48,151 | -5.5% |
| Amounts payable after more than one year | 17 | €508,604 | €463,013 | -€45,591 | -9.0% |
| Financial debts | 170/4 | €408,604 | €363,013 | -€45,591 | -11.2% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €371,455 | €367,517 | -€3,938 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €46,695 | €48,374 | +€1,679 | +3.6% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €132,732 | €50,294 | -€82,438 | -62.1% |
| Suppliers | 440/4 | €132,732 | €50,294 | -€82,438 | -62.1% |
| Advances received on contracts in progress | 46 | - | €3,025 | +€3,025 | |
| Taxes, remuneration and social security | 45 | €25,013 | €33,723 | +€8,709 | +34.8% |
| Taxes | 450/3 | €25,013 | €27,153 | +€2,140 | +8.6% |
| Remuneration and social security | 454/9 | - | €6,570 | +€6,570 | |
| Other amounts payable | 47/48 | €42,014 | €107,101 | +€65,088 | +154.9% |
| Accrued charges and deferred income | 492/3 | €1,334 | €2,711 | +€1,378 | +103.3% |
| Non-recurring operating income | 76A | €12,755 | €0 | -€12,755 | -100.0% |
| Remuneration, social security and pensions | 62 | €109 | €25,292 | +€25,183 | +23061.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,874 | €40,223 | -€652 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,179 | +€1,179 | |
| Other operating charges | 640/8 | €28,459 | €6,901 | -€21,559 | -75.8% |
| Non-recurring operating charges | 66A | €41,738 | €10,000 | -€31,738 | -76.0% |
| Gross operating margin | 9900 | €103,684 | -€18,329 | -€122,013 | |
| Operating profit (loss) | 9901 | -€7,497 | -€101,924 | -€94,427 | -1259.6% |
| Financial income | 75/76B | €2,809 | €21 | -€2,788 | -99.3% |
| Recurring financial income | 75 | €2,809 | €21 | -€2,788 | -99.3% |
| Financial charges | 65/66B | €29,100 | €32,855 | +€3,755 | +12.9% |
| Recurring financial charges | 65 | €29,100 | €32,855 | +€3,755 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | -€33,788 | -€134,758 | -€100,970 | -298.8% |
| Income taxes | 67/77 | €208 | €323 | +€115 | +55.2% |
| Profit (loss) for the period | 9904 | -€33,996 | -€135,081 | -€101,085 | -297.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,996 | -€135,081 | -€101,085 | -297.3% |
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 30 September 2026 via checked.be.