CULIVENT: 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.
CULIVENT
Largest movements
- Receivables within one year +€26,915
up €26,915 (+106.4%), from €25,288 to €52,203
of which Other amounts receivable: +€40,102
- Cash -€3,312
down €3,312 (-54.4%), from €6,089 to €2,777
mainly Receivables within one year (-€26,915) and Other debts (-€5,407)
- Reserves +€19,418
up €19,418 (+1044.0%), from €1,860 to €21,278
of which Distributable reserves: +€19,418
- Other debts -€5,407
down €5,407 (-95.0%), from €5,693 to €286
- Tax, wage and social debts +€4,916
up €4,916 (+431.1%), from €1,140 to €6,056
of which Taxes: +€4,076
- Trade debts +€4,742
up €4,742 (+17.4%), from €27,263 to €32,005
- Debts after one year -€3,765
down €3,765 (-31.6%), from €11,921 to €8,156
- Gross operating margin -€21,555
down €21,555 (-34.9%), from €61,779 to €40,224
- Staff costs -€15,331
down €15,331 (-62.4%), from €24,579 to €9,248
- Financial charges -€1,809
down €1,809 (-55.2%), from €3,278 to €1,469
- Taxes +€1,006
new in 2024: €1,006
- Depreciation +€899
up €899 (+31.0%), from €2,903 to €3,802
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 | €63,072 | €86,722 | +€23,650 | +37.5% |
| Fixed assets | 21/28 | €28,345 | €28,124 | -€221 | -0.8% |
| Tangible fixed assets | 22/27 | €24,652 | €24,431 | -€221 | -0.9% |
| Land and buildings | 22 | €18,051 | €15,900 | -€2,151 | -11.9% |
| Plant, machinery and equipment | 23 | €5,697 | €7,945 | +€2,248 | +39.5% |
| Furniture and vehicles | 24 | €904 | €586 | -€319 | -35.2% |
| Financial fixed assets | 28 | €3,693 | €3,693 | = | 0.0% |
| Current assets | 29/58 | €34,727 | €58,598 | +€23,871 | +68.7% |
| Amounts receivable within one year | 40/41 | €25,288 | €52,203 | +€26,915 | +106.4% |
| Trade receivables | 40 | €24,360 | €11,173 | -€13,187 | -54.1% |
| Other amounts receivable | 41 | €928 | €41,030 | +€40,102 | +4321.4% |
| Cash at bank and in hand | 54/58 | €6,089 | €2,777 | -€3,312 | -54.4% |
| Deferred charges and accrued income | 490/1 | €3,350 | €3,618 | +€268 | +8.0% |
| Total equity and liabilities | 10/49 | €63,072 | €86,722 | +€23,650 | +37.5% |
| Equity | 10/15 | €13,169 | €35,528 | +€22,359 | +169.8% |
| Contributions | 10/11 | €14,250 | €14,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €21,278 | +€19,418 | +1044.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €19,418 | +€19,418 | |
| Profit (loss) carried forward | 14 | -€2,941 | - | +€2,941 | |
| Amounts payable | 17/49 | €49,903 | €51,194 | +€1,291 | +2.6% |
| Amounts payable after more than one year | 17 | €11,921 | €8,156 | -€3,765 | -31.6% |
| Financial debts | 170/4 | €11,921 | €8,156 | -€3,765 | -31.6% |
| Amounts payable within one year | 42/48 | €37,982 | €42,111 | +€4,129 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €3,886 | €3,765 | -€121 | -3.1% |
| Trade debts | 44 | €27,263 | €32,005 | +€4,742 | +17.4% |
| Suppliers | 440/4 | €27,263 | €32,005 | +€4,742 | +17.4% |
| Taxes, remuneration and social security | 45 | €1,140 | €6,056 | +€4,916 | +431.1% |
| Taxes | 450/3 | €762 | €4,838 | +€4,076 | +534.7% |
| Remuneration and social security | 454/9 | €378 | €1,218 | +€840 | +222.3% |
| Other amounts payable | 47/48 | €5,693 | €286 | -€5,407 | -95.0% |
| Accrued charges and deferred income | 492/3 | - | €927 | +€927 | |
| Remuneration, social security and pensions | 62 | €24,579 | €9,248 | -€15,331 | -62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,903 | €3,802 | +€899 | +31.0% |
| Other operating charges | 640/8 | €1,540 | €2,416 | +€876 | +56.8% |
| Gross operating margin | 9900 | €61,779 | €40,224 | -€21,555 | -34.9% |
| Operating profit (loss) | 9901 | €32,757 | €24,758 | -€7,999 | -24.4% |
| Financial income | 75/76B | €738 | €75 | -€662 | -89.8% |
| Recurring financial income | 75 | €738 | €75 | -€662 | -89.8% |
| Financial charges | 65/66B | €3,278 | €1,469 | -€1,809 | -55.2% |
| Recurring financial charges | 65 | €3,278 | €1,469 | -€1,809 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €30,216 | €23,365 | -€6,852 | -22.7% |
| Income taxes | 67/77 | - | €1,006 | +€1,006 | |
| Profit (loss) for the period | 9904 | €30,216 | €22,359 | -€7,858 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,216 | €22,359 | -€7,858 | -26.0% |
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.