CONSTELLATION COLD LOGISTICS MOUSCRON: 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.
What changed
CONSTELLATION COLD LOGISTICS MOUSCRON
NACE 10.393, Manufacture of food products
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€3.2m
2023 · €5.3m-€2.1m
Equity
€20.2m
2023 · €17.3m+€2.9m
Cash
€752,282
2023 · €4.9m-€4.2m
Balance sheet total
€76.3m
2023 · €77.5m-€1.1m
Largest movements
Assets
- Receivables within one year +€6.6m
up €6.6m (+60.2%), from €11.0m to €17.7m
of which Other amounts receivable: +€7.1m
- Cash -€4.2m
down €4.2m (-84.7%), from €4.9m to €752,282
mainly Receivables within one year (-€6.6m) and Debts after one year (-€2.6m)
- Tangible fixed assets -€3.8m
down €3.8m (-6.3%), from €60.2m to €56.4m
of which Leasing and similar rights: -€3.5m
Equity and liabilities
- Profit (loss) carried forward +€3.2m
up €3.2m (+21.9%), from €14.4m to €17.5m
- Debts after one year -€2.6m
down €2.6m (-5.4%), from €48.6m to €46.0m
- Current portion of long-term debt -€1.3m
down €1.3m (-23.8%), from €5.3m to €4.0m
Income statement
- Turnover -€1.1m
down €1.1m (-4.3%), from €25.0m to €23.9m
- Financial income -€491,924
down €491,924 (-41.6%), from €1.2m to €691,370
- Staff costs +€386,478
up €386,478 (+6.2%), from €6.3m to €6.7m
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
€5.3m
Turnover
-€1.1m
Other operating income
+€38,959
Goods and materials
+€173,326
Services and other goods
-€150,862
Staff costs
-€386,478
Depreciation
-€1,823
Other operating charges
+€41,562
Other operating items
+€17,772
Financial income
-€491,924
Financial charges
-€113,086
Taxes
-€174,113
Result 2024
€3.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
-€1.3m
Financing
-€4.2m
Cash 2023
€4.9m
From operations (derived)
+€1.3m
Net result for the year
+€3.2m
Depreciation
+€5.1m
Stocks and contracts
+€35,325
Receivables within one year
-€6.6m
Deferred charges and accrued income
-€211,649
Trade debts
-€253,395
Tax, wage and social debts
-€51,948
Advances received
+€2,072
Accrued charges and deferred income
+€197,862
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
-€4.2m
Debts after one year
-€2.6m
Current portion of long-term debt
-€1.3m
Short-term financial debts
-€37,625
Contributions, distributions and other
-€241,828
Cash 2024
€752,282
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,487,050 | €76,347,876 | -€1.1m | -1.5% |
| Fixed assets | 21/28 | €60,316,889 | €56,528,771 | -€3.8m | -6.3% |
| Intangible fixed assets | 21 | €121,668 | €134,709 | +€13,041 | +10.7% |
| Tangible fixed assets | 22/27 | €60,194,221 | €56,393,062 | -€3.8m | -6.3% |
| Land and buildings | 22 | €12,771,047 | €12,152,760 | -€618,287 | -4.8% |
| Plant, machinery and equipment | 23 | €762,330 | €1,003,401 | +€241,072 | +31.6% |
| Furniture and vehicles | 24 | €319,388 | €426,538 | +€107,151 | +33.5% |
| Leasing and similar rights | 25 | €46,326,508 | €42,810,363 | -€3.5m | -7.6% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | €14,949 | - | -€14,949 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,000 | €1,000 | = | 0.0% |
| Shares | 284 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €17,170,161 | €19,819,105 | +€2.6m | +15.4% |
| Stocks and contracts in progress | 3 | €587,932 | €552,607 | -€35,325 | -6.0% |
| Stocks | 30/36 | €587,932 | €552,607 | -€35,325 | -6.0% |
| Raw materials and consumables | 30/31 | €587,932 | €552,607 | -€35,325 | -6.0% |
| Amounts receivable within one year | 40/41 | €11,014,933 | €17,650,026 | +€6.6m | +60.2% |
| Trade receivables | 40 | €5,104,702 | €4,679,889 | -€424,814 | -8.3% |
| Other amounts receivable | 41 | €5,910,231 | €12,970,137 | +€7.1m | +119% |
| Cash at bank and in hand | 54/58 | €4,914,755 | €752,282 | -€4.2m | -84.7% |
| Deferred charges and accrued income | 490/1 | €652,542 | €864,190 | +€211,649 | +32.4% |
| Total equity and liabilities | 10/49 | €77,487,050 | €76,347,876 | -€1.1m | -1.5% |
| Equity | 10/15 | €17,262,373 | €20,171,933 | +€2.9m | +16.9% |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Reserves | 13 | €37,200 | €37,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,200 | €37,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37,200 | €37,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,389,920 | €17,541,308 | +€3.2m | +21.9% |
| Investment grants | 15 | €2,463,253 | €2,221,425 | -€241,828 | -9.8% |
| Amounts payable | 17/49 | €60,224,678 | €56,175,943 | -€4.0m | -6.7% |
| Amounts payable after more than one year | 17 | €48,631,119 | €45,981,807 | -€2.6m | -5.4% |
| Financial debts | 170/4 | €48,631,119 | €45,981,807 | -€2.6m | -5.4% |
| Leasing and similar obligations | 172 | €42,527,386 | €39,074,482 | -€3.5m | -8.1% |
| Credit institutions | 173 | €6,103,733 | - | -€6.1m | |
| Other loans | 174 | - | €6,907,325 | +€6.9m | |
| Amounts payable within one year | 42/48 | €11,076,368 | €9,479,084 | -€1.6m | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €5,273,984 | €4,017,597 | -€1.3m | -23.8% |
| Financial debts | 43 | €2,122,004 | €2,084,379 | -€37,625 | -1.8% |
| Credit institutions | 430/8 | €100,892 | €0 | -€100,892 | -100% |
| Other loans | 439 | €2,021,112 | €2,084,379 | +€63,267 | +3.1% |
| Trade debts | 44 | €2,384,389 | €2,130,994 | -€253,395 | -10.6% |
| Suppliers | 440/4 | €2,384,389 | €2,130,994 | -€253,395 | -10.6% |
| Advances received on contracts in progress | 46 | - | €2,072 | +€2,072 | |
| Taxes, remuneration and social security | 45 | €1,295,991 | €1,244,042 | -€51,948 | -4.0% |
| Taxes | 450/3 | €301,886 | €188,395 | -€113,491 | -37.6% |
| Remuneration and social security | 454/9 | €994,105 | €1,055,647 | +€61,543 | +6.2% |
| Accrued charges and deferred income | 492/3 | €517,190 | €715,052 | +€197,862 | +38.3% |
| Operating income | 70/76A | €25,189,833 | €24,181,892 | -€1.0m | -4.0% |
| Turnover | 70 | €25,002,587 | €23,937,915 | -€1.1m | -4.3% |
| Other operating income | 74 | €187,245 | €226,204 | +€38,959 | +20.8% |
| Non-recurring operating income | 76A | - | €17,772 | +€17,772 | |
| Operating charges | 60/66A | €18,877,801 | €19,202,075 | +€324,274 | +1.7% |
| Goods for resale, raw materials and consumables | 60 | €222,428 | €49,102 | -€173,326 | -77.9% |
| Purchases | 600/8 | €564,639 | €13,777 | -€550,862 | -97.6% |
| Change in stocks: decrease (increase) | 609 | -€342,211 | €35,325 | +€377,536 | |
| Services and other goods | 61 | €6,828,912 | €6,979,774 | +€150,862 | +2.2% |
| Remuneration, social security and pensions | 62 | €6,279,787 | €6,666,265 | +€386,478 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,066,404 | €5,068,226 | +€1,823 | 0.0% |
| Other operating charges | 640/8 | €480,270 | €438,708 | -€41,562 | -8.7% |
| Operating profit (loss) | 9901 | €6,312,032 | €4,979,816 | -€1.3m | -21.1% |
| Financial income | 75/76B | €1,183,294 | €691,370 | -€491,924 | -41.6% |
| Recurring financial income | 75 | €1,183,294 | €691,370 | -€491,924 | -41.6% |
| Income from financial fixed assets | 750 | - | €0 | = | |
| Income from current assets | 751 | €290,664 | €449,542 | +€158,878 | +54.7% |
| Other financial income | 752/9 | €892,629 | €241,828 | -€650,801 | -72.9% |
| Financial charges | 65/66B | €1,206,713 | €1,319,798 | +€113,086 | +9.4% |
| Recurring financial charges | 65 | €1,206,713 | €1,319,798 | +€113,086 | +9.4% |
| Debt charges | 650 | €1,199,563 | €1,065,087 | -€134,476 | -11.2% |
| Other financial charges | 652/9 | €7,150 | €254,711 | +€247,562 | +3,463% |
| Profit (loss) for the period before taxes | 9903 | €6,288,613 | €4,351,388 | -€1.9m | -30.8% |
| Income taxes | 67/77 | €1,025,887 | €1,200,000 | +€174,113 | +17.0% |
| Taxes | 670/3 | €1,110,568 | €1,200,000 | +€89,432 | +8.1% |
| Tax adjustments and reversals of tax provisions | 77 | €84,680 | €0 | -€84,680 | -100% |
| Profit (loss) for the period | 9904 | €5,262,725 | €3,151,388 | -€2.1m | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,262,725 | €3,151,388 | -€2.1m | -40.1% |
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 20 October 2026 via checked.be.