CQM PROGRESS: 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.
CQM PROGRESS
Largest movements
- Stocks and contracts -€8,159
down €8,159 (-25.1%), from €32,496 to €24,337
- Cash +€6,339
up €6,339 (+670.8%), from €945 to €7,284
mainly Stocks and contracts (+€8,159) and Net result for the year (+€1,141)
- Receivables within one year -€1,122
down €1,122 (-26.3%), from €4,272 to €3,150
of which Trade receivables: -€1,122
- Trade debts -€2,214
down €2,214 (-45.8%), from €4,835 to €2,621
- Other debts -€1,935
down €1,935 (-7.7%), from €25,186 to €23,251
- Profit (loss) carried forward +€1,141
up €1,141, from -€948 to €193
- Staff costs -€23,178
down €23,178 (-35.9%), from €64,585 to €41,407
- Gross operating margin -€11,670
down €11,670 (-21.2%), from €55,165 to €43,495
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 | €38,076 | €35,134 | -€2,942 | -7.7% |
| Fixed assets | 21/28 | €363 | €363 | = | 0.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €37,713 | €34,771 | -€2,942 | -7.8% |
| Stocks and contracts in progress | 3 | €32,496 | €24,337 | -€8,159 | -25.1% |
| Stocks | 30/36 | €32,496 | €24,337 | -€8,159 | -25.1% |
| Amounts receivable within one year | 40/41 | €4,272 | €3,150 | -€1,122 | -26.3% |
| Trade receivables | 40 | €1,362 | €240 | -€1,122 | -82.4% |
| Other amounts receivable | 41 | €2,910 | €2,910 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €945 | €7,284 | +€6,339 | +670.8% |
| Total equity and liabilities | 10/49 | €38,076 | €35,134 | -€2,942 | -7.7% |
| Equity | 10/15 | €152 | €1,293 | +€1,141 | +750.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€948 | €193 | +€1,141 | |
| Amounts payable | 17/49 | €37,924 | €33,841 | -€4,083 | -10.8% |
| Amounts payable within one year | 42/48 | €37,924 | €33,841 | -€4,083 | -10.8% |
| Trade debts | 44 | €4,835 | €2,621 | -€2,214 | -45.8% |
| Suppliers | 440/4 | €4,835 | €2,621 | -€2,214 | -45.8% |
| Taxes, remuneration and social security | 45 | €7,903 | €7,969 | +€66 | +0.8% |
| Taxes | 450/3 | €5,403 | €4,619 | -€784 | -14.5% |
| Remuneration and social security | 454/9 | €2,500 | €3,350 | +€850 | +34.0% |
| Other amounts payable | 47/48 | €25,186 | €23,251 | -€1,935 | -7.7% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €64,585 | €41,407 | -€23,178 | -35.9% |
| Other operating charges | 640/8 | €832 | €708 | -€124 | -14.9% |
| Gross operating margin | 9900 | €55,165 | €43,495 | -€11,670 | -21.2% |
| Operating profit (loss) | 9901 | -€10,252 | €1,380 | +€11,632 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €121 | €256 | +€135 | +111.6% |
| Recurring financial charges | 65 | €121 | €256 | +€135 | +111.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,373 | €1,141 | +€11,514 | |
| Profit (loss) for the period | 9904 | -€10,373 | €1,141 | +€11,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,373 | €1,141 | +€11,514 |
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 29 September 2026 via checked.be.