De Ceunynck Services: 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.
De Ceunynck Services
Largest movements
- Cash +€478,132
up €478,132 (+83.2%), from €574,742 to €1.1m
mainly Depreciation (+€1.1m) and Receivables within one year (+€471,655)
- Receivables within one year -€471,655
down €471,655 (-54.6%), from €864,501 to €392,845
of which Trade receivables: -€456,531
- Tangible fixed assets -€50,702
down €50,702 (-2.7%), from €1.9m to €1.9m
- Trade debts -€356,328
down €356,328 (-51.8%), from €687,885 to €331,557
- Profit (loss) carried forward +€220,250
up €220,250 (+22.3%), from €986,884 to €1.2m
- Tax, wage and social debts +€67,045
up €67,045 (+50.0%), from €134,155 to €201,200
of which Taxes: +€87,492
- Other debts +€48,216
up €48,216 (+4.2%), from €1.2m to €1.2m
- Accrued charges and deferred income -€35,000
down €35,000 (-100%), from €35,000 to €0
- Gross operating margin -€50,995
down €50,995 (-3.4%), from €1.5m to €1.5m
- Financial charges +€34,584
up €34,584 (+251%), from €13,779 to €48,363
- Depreciation -€34,417
down €34,417 (-3.0%), from €1.2m to €1.1m
- Staff costs -€20,447
new in 2023: -€20,447
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,347,514 | €3,303,289 | -€44,225 | -1.3% |
| Fixed assets | 21/28 | €1,908,271 | €1,857,570 | -€50,702 | -2.7% |
| Tangible fixed assets | 22/27 | €1,903,271 | €1,852,570 | -€50,702 | -2.7% |
| Plant, machinery and equipment | 23 | €1,903,271 | €1,852,570 | -€50,702 | -2.7% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,439,243 | €1,445,719 | +€6,476 | +0.4% |
| Amounts receivable within one year | 40/41 | €864,501 | €392,845 | -€471,655 | -54.6% |
| Trade receivables | 40 | €849,376 | €392,845 | -€456,531 | -53.7% |
| Other amounts receivable | 41 | €15,125 | - | -€15,125 | |
| Cash at bank and in hand | 54/58 | €574,742 | €1,052,874 | +€478,132 | +83.2% |
| Total equity and liabilities | 10/49 | €3,347,514 | €3,303,289 | -€44,225 | -1.3% |
| Equity | 10/15 | €1,339,704 | €1,571,547 | +€231,842 | +17.3% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Issued capital | 100 | €309,867 | €309,867 | = | 0.0% |
| Reserves | 13 | €42,954 | €54,546 | +€11,592 | +27.0% |
| Non-distributable reserves | 130/1 | €7,354 | €18,946 | +€11,592 | +158% |
| Legal reserve | 130 | €7,354 | €18,946 | +€11,592 | +158% |
| Tax-exempt reserves | 132 | €35,600 | €35,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €986,884 | €1,207,134 | +€220,250 | +22.3% |
| Amounts payable | 17/49 | €2,007,810 | €1,731,742 | -€276,068 | -13.7% |
| Amounts payable within one year | 42/48 | €1,972,810 | €1,731,742 | -€241,068 | -12.2% |
| Trade debts | 44 | €687,885 | €331,557 | -€356,328 | -51.8% |
| Suppliers | 440/4 | €687,885 | €331,557 | -€356,328 | -51.8% |
| Taxes, remuneration and social security | 45 | €134,155 | €201,200 | +€67,045 | +50.0% |
| Taxes | 450/3 | €110,050 | €197,542 | +€87,492 | +79.5% |
| Remuneration and social security | 454/9 | €24,105 | €3,658 | -€20,447 | -84.8% |
| Other amounts payable | 47/48 | €1,150,771 | €1,198,986 | +€48,216 | +4.2% |
| Accrued charges and deferred income | 492/3 | €35,000 | €0 | -€35,000 | -100% |
| Non-recurring operating income | 76A | €132,105 | €109,591 | -€22,514 | -17.0% |
| Remuneration, social security and pensions | 62 | - | -€20,447 | -€20,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160,356 | €1,125,939 | -€34,417 | -3.0% |
| Other operating charges | 640/8 | €970 | €1,240 | +€270 | +27.9% |
| Non-recurring operating charges | 66A | €52,789 | - | -€52,789 | |
| Gross operating margin | 9900 | €1,506,330 | €1,455,334 | -€50,995 | -3.4% |
| Operating profit (loss) | 9901 | €292,215 | €348,602 | +€56,387 | +19.3% |
| Financial income | 75/76B | €22,370 | €17,865 | -€4,505 | -20.1% |
| Recurring financial income | 75 | €22,370 | €17,865 | -€4,505 | -20.1% |
| Financial charges | 65/66B | €13,779 | €48,363 | +€34,584 | +251% |
| Recurring financial charges | 65 | €13,779 | €48,363 | +€34,584 | +251% |
| Profit (loss) for the period before taxes | 9903 | €300,805 | €318,104 | +€17,299 | +5.8% |
| Income taxes | 67/77 | €80,277 | €86,261 | +€5,984 | +7.5% |
| Profit (loss) for the period | 9904 | €220,528 | €231,842 | +€11,314 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €220,528 | €231,842 | +€11,314 | +5.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.