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CnerJ: 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.

What changed

CnerJ

BE 0870.024.177
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€62,669
2023 · -€78,594+€15,925
Equity
€138,148
2023 · €200,817-€62,669
Cash
€13,076
2023 · €130,409-€117,334
Balance sheet total
€290,497
2023 · €431,553-€141,056

Largest movements

2023 to 2024
Assets
  • Cash -€117,334

    down €117,334 (-90.0%), from €130,409 to €13,076

    mainly Advances received (-€85,826) and Net result for the year (-€62,669)

  • Receivables within one year -€25,893

    down €25,893 (-9.6%), from €268,601 to €242,708

    of which Trade receivables: -€74,432

  • Tangible fixed assets +€4,681

    up €4,681 (+25.9%), from €18,068 to €22,749

    of which Furniture and vehicles: +€7,412

Equity and liabilities
  • Advances received -€85,826

    down €85,826 (-100.0%), from €85,826 to €0

  • Profit (loss) carried forward -€62,669

    down €62,669 (-79.7%), from -€78,594 to -€141,263

  • Current portion of long-term debt +€35,000

    new in 2024: €35,000

  • Tax, wage and social debts -€24,860

    down €24,860 (-63.0%), from €39,465 to €14,605

    of which Taxes: -€24,460

  • Other debts -€11,004

    down €11,004 (-12.0%), from €91,903 to €80,899

Income statement
  • Staff costs -€91,841

    down €91,841 (-21.9%), from €419,604 to €327,763

  • Gross operating margin -€74,017

    down €74,017 (-20.6%), from €359,034 to €285,016

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€78,594
Gross operating margin -€74,017
Staff costs +€91,841
Depreciation -€1,666
Write-downs -€254
Other operating charges +€578
Financial income +€10
Financial charges +€1,593
Taxes -€2,158
Result 2024 -€62,669

Cash bridge derived

cash 2023 to 2024

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.

From operations -€141,154
Investment -€11,180
Financing +€35,000
Cash 2023 €130,409
Net result for the year -€62,669
Depreciation +€6,499
Receivables within one year +€25,893
Deferred charges and accrued income +€2,510
Trade debts +€8,304
Tax, wage and social debts -€24,860
Advances received -€85,826
Other debts -€11,004
Investment in fixed assets (net) -€11,180
Current portion of long-term debt +€35,000
Cash 2024 €13,076
Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €431,553 €290,497 -€141,056 -32.7%
Fixed assets 21/28 €30,033 €34,714 +€4,681 +15.6%
Tangible fixed assets 22/27 €18,068 €22,749 +€4,681 +25.9%
Plant, machinery and equipment 23 €3,427 €696 -€2,731 -79.7%
Furniture and vehicles 24 €14,641 €22,053 +€7,412 +50.6%
Financial fixed assets 28 €11,965 €11,965 = 0.0%
Current assets 29/58 €401,520 €255,783 -€145,737 -36.3%
Amounts receivable within one year 40/41 €268,601 €242,708 -€25,893 -9.6%
Trade receivables 40 €236,024 €161,592 -€74,432 -31.5%
Other amounts receivable 41 €32,576 €81,116 +€48,539 +149.0%
Cash at bank and in hand 54/58 €130,409 €13,076 -€117,334 -90.0%
Deferred charges and accrued income 490/1 €2,510 €0 -€2,510 -100.0%
Total equity and liabilities 10/49 €431,553 €290,497 -€141,056 -32.7%
Equity 10/15 €200,817 €138,148 -€62,669 -31.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €273,211 €273,211 = 0.0%
Non-distributable reserves 130/1 €1,855 €1,855 = 0.0%
Reserves not available under the articles 1311 €1,855 €1,855 = 0.0%
Distributable reserves 133 €271,356 €271,356 = 0.0%
Profit (loss) carried forward 14 -€78,594 -€141,263 -€62,669 -79.7%
Amounts payable 17/49 €230,736 €152,349 -€78,387 -34.0%
Amounts payable within one year 42/48 €230,736 €152,349 -€78,387 -34.0%
Current portion of amounts payable after more than one year 42 - €35,000 +€35,000
Trade debts 44 €13,541 €21,845 +€8,304 +61.3%
Suppliers 440/4 €13,541 €21,845 +€8,304 +61.3%
Advances received on contracts in progress 46 €85,826 €0 -€85,826 -100.0%
Taxes, remuneration and social security 45 €39,465 €14,605 -€24,860 -63.0%
Taxes 450/3 €27,294 €2,834 -€24,460 -89.6%
Remuneration and social security 454/9 €12,171 €11,771 -€400 -3.3%
Other amounts payable 47/48 €91,903 €80,899 -€11,004 -12.0%
Non-recurring operating income 76A - €942 +€942
Remuneration, social security and pensions 62 €419,604 €327,763 -€91,841 -21.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,833 €6,499 +€1,666 +34.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 -€254 €0 +€254
Other operating charges 640/8 €12,050 €11,472 -€578 -4.8%
Gross operating margin 9900 €359,034 €285,016 -€74,017 -20.6%
Operating profit (loss) 9901 -€77,198 -€60,718 +€16,481 +21.3%
Financial income 75/76B €0 €11 +€10 +2400.0%
Recurring financial income 75 €0 €11 +€10 +2400.0%
Financial charges 65/66B €2,163 €571 -€1,593 -73.6%
Recurring financial charges 65 €2,163 €571 -€1,593 -73.6%
Profit (loss) for the period before taxes 9903 -€79,361 -€61,278 +€18,083 +22.8%
Income taxes 67/77 -€767 €1,391 +€2,158
Profit (loss) for the period 9904 -€78,594 -€62,669 +€15,925 +20.3%
Profit (loss) for the period to be appropriated 9905 -€78,594 -€62,669 +€15,925 +20.3%

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 28 September 2026 via checked.be.