CUISIBRAS: 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.
CUISIBRAS
Largest movements
- Receivables within one year -€62,570
down €62,570 (-45.4%), from €137,783 to €75,214
of which Trade receivables: -€88,562
- Cash +€35,254
up €35,254 (+10.0%), from €351,457 to €386,711
mainly Receivables within one year (+€62,570) and Advances received (+€45,013)
- Deferred charges and accrued income +€13,782
up €13,782 (+673.5%), from €2,046 to €15,828
- Advances received +€45,013
up €45,013 (+12.1%), from €373,031 to €418,045
- Tax, wage and social debts -€41,579
down €41,579 (-36.3%), from €114,471 to €72,892
of which Taxes: -€21,312
- Reserves +€22,711
up €22,711 (+620.1%), from €3,663 to €26,373
- Debts after one year -€21,183
no longer reported in 2024 (was €21,183)
- Gross operating margin -€114,459
down €114,459 (-24.4%), from €468,628 to €354,170
- Staff costs -€43,819
down €43,819 (-12.8%), from €342,849 to €299,030
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 | €664,708 | €654,571 | -€10,137 | -1.5% |
| Fixed assets | 21/28 | €79,658 | €83,055 | +€3,397 | +4.3% |
| Intangible fixed assets | 21 | €8,170 | €6,170 | -€2,000 | -24.5% |
| Tangible fixed assets | 22/27 | €70,225 | €75,622 | +€5,397 | +7.7% |
| Plant, machinery and equipment | 23 | €12,721 | €9,136 | -€3,585 | -28.2% |
| Furniture and vehicles | 24 | €28,537 | €42,018 | +€13,481 | +47.2% |
| Other tangible fixed assets | 26 | €28,967 | €24,468 | -€4,499 | -15.5% |
| Financial fixed assets | 28 | €1,263 | €1,263 | = | 0.0% |
| Current assets | 29/58 | €585,050 | €571,516 | -€13,534 | -2.3% |
| Stocks and contracts in progress | 3 | €93,764 | €93,764 | = | 0.0% |
| Stocks | 30/36 | €93,764 | €93,764 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €137,783 | €75,214 | -€62,570 | -45.4% |
| Trade receivables | 40 | €137,720 | €49,158 | -€88,562 | -64.3% |
| Other amounts receivable | 41 | €63 | €26,055 | +€25,992 | +41172.6% |
| Cash at bank and in hand | 54/58 | €351,457 | €386,711 | +€35,254 | +10.0% |
| Deferred charges and accrued income | 490/1 | €2,046 | €15,828 | +€13,782 | +673.5% |
| Total equity and liabilities | 10/49 | €664,708 | €654,571 | -€10,137 | -1.5% |
| Equity | 10/15 | €53,663 | €76,373 | +€22,711 | +42.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €3,663 | €26,373 | +€22,711 | +620.1% |
| Distributable reserves | 133 | €3,663 | €26,373 | +€22,711 | +620.1% |
| Amounts payable | 17/49 | €611,046 | €578,198 | -€32,848 | -5.4% |
| Amounts payable after more than one year | 17 | €21,183 | - | -€21,183 | |
| Financial debts | 170/4 | €21,183 | - | -€21,183 | |
| Amounts payable within one year | 42/48 | €589,863 | €578,198 | -€11,665 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €24,853 | €20,160 | -€4,693 | -18.9% |
| Trade debts | 44 | €4,778 | - | -€4,778 | |
| Suppliers | 440/4 | €4,778 | - | -€4,778 | |
| Advances received on contracts in progress | 46 | €373,031 | €418,045 | +€45,013 | +12.1% |
| Taxes, remuneration and social security | 45 | €114,471 | €72,892 | -€41,579 | -36.3% |
| Taxes | 450/3 | €48,975 | €27,664 | -€21,312 | -43.5% |
| Remuneration and social security | 454/9 | €65,496 | €45,229 | -€20,267 | -30.9% |
| Other amounts payable | 47/48 | €72,730 | €67,101 | -€5,629 | -7.7% |
| Remuneration, social security and pensions | 62 | €342,849 | €299,030 | -€43,819 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,519 | €21,284 | -€1,236 | -5.5% |
| Other operating charges | 640/8 | €9,033 | €6,667 | -€2,366 | -26.2% |
| Non-recurring operating charges | 66A | €4,227 | €221 | -€4,007 | -94.8% |
| Gross operating margin | 9900 | €468,628 | €354,170 | -€114,459 | -24.4% |
| Operating profit (loss) | 9901 | €90,001 | €26,969 | -€63,032 | -70.0% |
| Financial income | 75/76B | €3,158 | €64 | -€3,094 | -98.0% |
| Recurring financial income | 75 | €3,158 | €64 | -€3,094 | -98.0% |
| Financial charges | 65/66B | €2,472 | €2,522 | +€50 | +2.0% |
| Recurring financial charges | 65 | €2,472 | €2,522 | +€50 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €90,686 | €24,511 | -€66,175 | -73.0% |
| Income taxes | 67/77 | €770 | €1,800 | +€1,030 | +133.8% |
| Profit (loss) for the period | 9904 | €89,917 | €22,711 | -€67,206 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €89,917 | €22,711 | -€67,206 | -74.7% |
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 1 October 2026 via checked.be.