CORTEX AUTOMATIX ANTWERPEN: 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.
CORTEX AUTOMATIX ANTWERPEN
Largest movements
- Receivables within one year +€9,282
up €9,282 (+140%), from €6,652 to €15,934
of which Other amounts receivable: +€7,514
- Deferred charges and accrued income +€2,059
up €2,059 (+911%), from €226 to €2,285
- Intangible fixed assets -€1,675
down €1,675 (-21.3%), from €7,865 to €6,190
- Cash -€958
down €958 (-78.1%), from €1,226 to €268
mainly Net result for the year (-€16,261) and Receivables within one year (-€9,282)
- Debts after one year +€23,750
new in 2024: €23,750
- Profit (loss) carried forward -€16,261
new in 2024: -€16,261
- Trade debts +€4,593
up €4,593 (+629%), from €730 to €5,322
- Tax, wage and social debts -€3,463
down €3,463 (-66.8%), from €5,181 to €1,718
- Gross operating margin -€22,136
down €22,136, from €9,072 to -€13,064
- Taxes -€1,718
no longer reported in 2024 (was €1,718)
- Financial charges +€1,477
up €1,477 (+3,212%), from €46 to €1,523
- Depreciation +€1,165
up €1,165 (+228%), from €510 to €1,675
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,259 | €24,967 | +€8,708 | +53.6% |
| Fixed assets | 21/28 | €8,154 | €6,479 | -€1,675 | -20.5% |
| Intangible fixed assets | 21 | €7,865 | €6,190 | -€1,675 | -21.3% |
| Financial fixed assets | 28 | €289 | €289 | = | 0.0% |
| Current assets | 29/58 | €8,105 | €18,488 | +€10,383 | +128% |
| Amounts receivable within one year | 40/41 | €6,652 | €15,934 | +€9,282 | +140% |
| Trade receivables | 40 | €52 | €1,820 | +€1,768 | +3,400% |
| Other amounts receivable | 41 | €6,600 | €14,114 | +€7,514 | +114% |
| Cash at bank and in hand | 54/58 | €1,226 | €268 | -€958 | -78.1% |
| Deferred charges and accrued income | 490/1 | €226 | €2,285 | +€2,059 | +911% |
| Total equity and liabilities | 10/49 | €16,259 | €24,967 | +€8,708 | +53.6% |
| Equity | 10/15 | €8,798 | -€7,464 | -€16,261 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,798 | €6,798 | = | 0.0% |
| Distributable reserves | 133 | €6,798 | €6,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,261 | -€16,261 | |
| Amounts payable | 17/49 | €7,461 | €32,430 | +€24,970 | +335% |
| Amounts payable after more than one year | 17 | - | €23,750 | +€23,750 | |
| Financial debts | 170/4 | - | €23,750 | +€23,750 | |
| Amounts payable within one year | 42/48 | €7,461 | €8,680 | +€1,220 | +16.3% |
| Trade debts | 44 | €730 | €5,322 | +€4,593 | +629% |
| Suppliers | 440/4 | €730 | €5,322 | +€4,593 | +629% |
| Taxes, remuneration and social security | 45 | €5,181 | €1,718 | -€3,463 | -66.8% |
| Taxes | 450/3 | €5,181 | €1,718 | -€3,463 | -66.8% |
| Other amounts payable | 47/48 | €1,550 | €1,640 | +€90 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €1,675 | +€1,165 | +228% |
| Gross operating margin | 9900 | €9,072 | -€13,064 | -€22,136 | |
| Operating profit (loss) | 9901 | €8,562 | -€14,739 | -€23,301 | |
| Financial charges | 65/66B | €46 | €1,523 | +€1,477 | +3,212% |
| Recurring financial charges | 65 | €46 | €1,523 | +€1,477 | +3,212% |
| Profit (loss) for the period before taxes | 9903 | €8,516 | -€16,261 | -€24,777 | |
| Income taxes | 67/77 | €1,718 | - | -€1,718 | |
| Profit (loss) for the period | 9904 | €6,798 | -€16,261 | -€23,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,798 | -€16,261 | -€23,059 |
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 31 October 2026 via checked.be.