CO & CA: 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
CO & CA
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,848
2023 · -€3,837+€6,684
Equity
€19,242
2023 · €16,394+€2,848
Cash
€276,359
2023 · €296,956-€20,596
Balance sheet total
€2.9m
2023 · €3.0m-€128,258
Largest movements
Assets
- Receivables within one year -€106,355
down €106,355 (-4.1%), from €2.6m to €2.5m
of which Trade receivables: -€1.0m
Equity and liabilities
- Other debts -€356,500
down €356,500 (-91.1%), from €391,219 to €34,718
- Trade debts +€213,233
up €213,233 (+14.5%), from €1.5m to €1.7m
- Accrued charges and deferred income +€45,000
new in 2024: €45,000
- Tax, wage and social debts -€37,583
down €37,583 (-61.2%), from €61,423 to €23,840
of which Taxes: -€37,583
Income statement
- Gross operating margin +€174,230
up €174,230 (+4224.1%), from €4,125 to €178,355
- Other operating charges +€162,436
up €162,436 (+8515.3%), from €1,908 to €164,344
- Write-downs +€5,465
new in 2024: €5,465
- Financial charges -€4,896
down €4,896 (-97.8%), from €5,004 to €108
- Provisions +€4,745
up €4,745, from €0 to €4,745
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.
Result 2023
-€3,837
Gross operating margin
+€174,230
Staff costs
+€133
Depreciation
-€128
Write-downs
-€5,465
Provisions
-€4,745
Other operating charges
-€162,436
Financial income
+€737
Financial charges
+€4,896
Taxes
-€538
Result 2024
€2,848
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.
From operations
-€20,596
Investment
€0
Financing
€0
Cash 2023
€296,956
From operations (derived)
-€20,596
Net result for the year
+€2,848
Depreciation
+€1,307
Receivables within one year
+€106,355
Provisions
+€4,745
Trade debts
+€213,233
Tax, wage and social debts
-€37,583
Other debts
-€356,500
Accrued charges and deferred income
+€45,000
Cash 2024
€276,359
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,008,614 | €2,880,356 | -€128,258 | -4.3% |
| Fixed assets | 21/28 | €7,582 | €6,275 | -€1,307 | -17.2% |
| Tangible fixed assets | 22/27 | €6,987 | €5,680 | -€1,307 | -18.7% |
| Furniture and vehicles | 24 | €848 | €406 | -€442 | -52.1% |
| Other tangible fixed assets | 26 | €6,138 | €5,274 | -€865 | -14.1% |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €3,001,033 | €2,874,081 | -€126,951 | -4.2% |
| Amounts receivable within one year | 40/41 | €2,606,109 | €2,499,754 | -€106,355 | -4.1% |
| Trade receivables | 40 | €1,838,937 | €798,422 | -€1.0m | -56.6% |
| Other amounts receivable | 41 | €767,172 | €1,701,331 | +€934,160 | +121.8% |
| Current investments | 50/53 | €97,968 | €97,968 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €296,956 | €276,359 | -€20,596 | -6.9% |
| Total equity and liabilities | 10/49 | €3,008,614 | €2,880,356 | -€128,258 | -4.3% |
| Equity | 10/15 | €16,394 | €19,242 | +€2,848 | +17.4% |
| Contributions | 10/11 | €14,041 | €14,041 | = | 0.0% |
| Reserves | 13 | €6,715 | €6,715 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,088 | €1,088 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,088 | €1,088 | = | 0.0% |
| Distributable reserves | 133 | €5,626 | €5,626 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,362 | -€1,514 | +€2,848 | +65.3% |
| Provisions and deferred taxes | 16 | €214,480 | €219,225 | +€4,745 | +2.2% |
| Provisions for liabilities and charges | 160/5 | €214,480 | €219,225 | +€4,745 | +2.2% |
| Other liabilities and charges | 164/5 | €214,480 | €219,225 | +€4,745 | +2.2% |
| Amounts payable | 17/49 | €2,777,740 | €2,641,889 | -€135,851 | -4.9% |
| Amounts payable after more than one year | 17 | €408,597 | €408,597 | = | 0.0% |
| Financial debts | 170/4 | €408,597 | €408,597 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,369,143 | €2,188,292 | -€180,851 | -7.6% |
| Financial debts | 43 | €145,000 | €145,000 | = | 0.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €145,000 | €145,000 | = | 0.0% |
| Trade debts | 44 | €1,466,687 | €1,679,920 | +€213,233 | +14.5% |
| Suppliers | 440/4 | €1,466,687 | €1,679,920 | +€213,233 | +14.5% |
| Advances received on contracts in progress | 46 | €304,814 | €304,814 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €61,423 | €23,840 | -€37,583 | -61.2% |
| Taxes | 450/3 | €54,309 | €16,726 | -€37,583 | -69.2% |
| Remuneration and social security | 454/9 | €7,114 | €7,114 | = | 0.0% |
| Other amounts payable | 47/48 | €391,219 | €34,718 | -€356,500 | -91.1% |
| Accrued charges and deferred income | 492/3 | - | €45,000 | +€45,000 | |
| Remuneration, social security and pensions | 62 | €133 | €0 | -€133 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,179 | €1,307 | +€128 | +10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,465 | +€5,465 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €4,745 | +€4,745 | |
| Other operating charges | 640/8 | €1,908 | €164,344 | +€162,436 | +8515.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,125 | €178,355 | +€174,230 | +4224.1% |
| Operating profit (loss) | 9901 | €905 | €2,494 | +€1,589 | +175.6% |
| Financial income | 75/76B | €721 | €1,458 | +€737 | +102.2% |
| Recurring financial income | 75 | €721 | €1,458 | +€737 | +102.2% |
| Financial charges | 65/66B | €5,004 | €108 | -€4,896 | -97.8% |
| Recurring financial charges | 65 | €5,004 | €108 | -€4,896 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,378 | €3,844 | +€7,222 | |
| Income taxes | 67/77 | €459 | €996 | +€538 | +117.3% |
| Profit (loss) for the period | 9904 | -€3,837 | €2,848 | +€6,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,837 | €2,848 | +€6,684 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.