CU PROJECTS: 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.
CU PROJECTS
Largest movements
- Cash -€13,662
down €13,662 (-80.4%), from €17,002 to €3,340
mainly Other debts (-€6,697) and Trade debts (-€4,657)
- Tangible fixed assets +€1,882
up €1,882 (+283.1%), from €665 to €2,547
- Receivables within one year +€786
up €786 (+18.9%), from €4,165 to €4,951
of which Other amounts receivable: +€600
- Deferred charges and accrued income -€321
down €321 (-75.9%), from €422 to €102
- Other debts -€6,697
down €6,697 (-44.1%), from €15,173 to €8,476
- Trade debts -€4,657
down €4,657 (-95.8%), from €4,863 to €206
- Other operating charges -€3,335
down €3,335 (-47.5%), from €7,018 to €3,684
- Gross operating margin +€2,669
up €2,669 (+36.3%), from €7,344 to €10,013
- Staff costs -€1,764
down €1,764 (-35.4%), from €4,989 to €3,225
- Taxes +€1,229
new in 2024: €1,229
- Financial charges +€228
up €228 (+19.7%), from €1,158 to €1,386
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 | €23,279 | €12,187 | -€11,092 | -47.6% |
| Fixed assets | 21/28 | €1,690 | €3,572 | +€1,882 | +111.4% |
| Tangible fixed assets | 22/27 | €665 | €2,547 | +€1,882 | +283.1% |
| Plant, machinery and equipment | 23 | €665 | €2,547 | +€1,882 | +283.1% |
| Financial fixed assets | 28 | €1,025 | €1,025 | = | 0.0% |
| Current assets | 29/58 | €21,589 | €8,616 | -€12,973 | -60.1% |
| Stocks and contracts in progress | 3 | - | €224 | +€224 | |
| Stocks | 30/36 | - | €224 | +€224 | |
| Amounts receivable within one year | 40/41 | €4,165 | €4,951 | +€786 | +18.9% |
| Trade receivables | 40 | €626 | €812 | +€185 | +29.6% |
| Other amounts receivable | 41 | €3,539 | €4,139 | +€600 | +17.0% |
| Cash at bank and in hand | 54/58 | €17,002 | €3,340 | -€13,662 | -80.4% |
| Deferred charges and accrued income | 490/1 | €422 | €102 | -€321 | -75.9% |
| Total equity and liabilities | 10/49 | €23,279 | €12,187 | -€11,092 | -47.6% |
| Equity | 10/15 | €2,233 | €2,328 | +€95 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,367 | -€16,272 | +€95 | +0.6% |
| Amounts payable | 17/49 | €21,045 | €9,859 | -€11,186 | -53.2% |
| Amounts payable within one year | 42/48 | €21,045 | €9,859 | -€11,186 | -53.2% |
| Trade debts | 44 | €4,863 | €206 | -€4,657 | -95.8% |
| Suppliers | 440/4 | €4,863 | €206 | -€4,657 | -95.8% |
| Taxes, remuneration and social security | 45 | €1,009 | €1,177 | +€168 | +16.6% |
| Taxes | 450/3 | €632 | €1,177 | +€545 | +86.2% |
| Remuneration and social security | 454/9 | €377 | €0 | -€377 | -100.0% |
| Other amounts payable | 47/48 | €15,173 | €8,476 | -€6,697 | -44.1% |
| Remuneration, social security and pensions | 62 | €4,989 | €3,225 | -€1,764 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397 | €405 | +€8 | +2.1% |
| Other operating charges | 640/8 | €7,018 | €3,684 | -€3,335 | -47.5% |
| Gross operating margin | 9900 | €7,344 | €10,013 | +€2,669 | +36.3% |
| Operating profit (loss) | 9901 | -€5,060 | €2,699 | +€7,759 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,158 | €1,386 | +€228 | +19.7% |
| Recurring financial charges | 65 | €1,158 | €1,386 | +€228 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,218 | €1,323 | +€7,541 | |
| Income taxes | 67/77 | - | €1,229 | +€1,229 | |
| Profit (loss) for the period | 9904 | -€6,218 | €95 | +€6,313 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,218 | €95 | +€6,313 |
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 10 October 2026 via checked.be.