ETS CANTIGNEAUX: 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.
ETS CANTIGNEAUX
Largest movements
- Tangible fixed assets -€29,941
down €29,941 (-19.2%), from €155,860 to €125,919
of which Furniture and vehicles: -€27,868
- Deferred charges and accrued income +€18,078
up €18,078 (+43.2%), from €41,813 to €59,891
- Receivables within one year +€3,967
up €3,967 (+2.5%), from €160,144 to €164,111
of which Trade receivables: +€16,077
- Profit (loss) carried forward -€43,580
down €43,580 (-79.7%), from €54,685 to €11,105
- Other debts +€42,247
up €42,247 (+293%), from €14,411 to €56,658
- Trade debts -€32,315
down €32,315 (-35.3%), from €91,449 to €59,134
- Tax, wage and social debts +€21,213
up €21,213 (+544%), from €3,900 to €25,113
- Advances received -€5,953
no longer reported in 2024 (was €5,953)
- Turnover +€39,220
up €39,220 (+10.4%), from €377,691 to €416,911
- Write-downs +€38,150
new in 2024: €38,150
- Purchases and services +€24,757
up €24,757 (+7.2%), from €343,894 to €368,651
- Gross operating margin +€14,463
up €14,463 (+42.8%), from €33,797 to €48,260
- Depreciation +€12,144
up €12,144 (+53.0%), from €22,918 to €35,061
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.
Derived cash bridge
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 | €368,029 | €357,083 | -€10,946 | -3.0% |
| Fixed assets | 21/28 | €159,629 | €129,287 | -€30,341 | -19.0% |
| Intangible fixed assets | 21 | €3,633 | €3,233 | -€400 | -11.0% |
| Tangible fixed assets | 22/27 | €155,860 | €125,919 | -€29,941 | -19.2% |
| Plant, machinery and equipment | 23 | €14,301 | €12,228 | -€2,073 | -14.5% |
| Furniture and vehicles | 24 | €141,559 | €113,691 | -€27,868 | -19.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €208,401 | €227,796 | +€19,395 | +9.3% |
| Amounts receivable within one year | 40/41 | €160,144 | €164,111 | +€3,967 | +2.5% |
| Trade receivables | 40 | €148,034 | €164,111 | +€16,077 | +10.9% |
| Other amounts receivable | 41 | €12,110 | - | -€12,110 | |
| Cash at bank and in hand | 54/58 | €6,444 | €3,794 | -€2,650 | -41.1% |
| Deferred charges and accrued income | 490/1 | €41,813 | €59,891 | +€18,078 | +43.2% |
| Total equity and liabilities | 10/49 | €368,029 | €357,083 | -€10,946 | -3.0% |
| Equity | 10/15 | €197,385 | €153,805 | -€43,580 | -22.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €80,700 | €80,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €74,500 | €74,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,685 | €11,105 | -€43,580 | -79.7% |
| Amounts payable | 17/49 | €170,644 | €203,278 | +€32,634 | +19.1% |
| Amounts payable after more than one year | 17 | €26,942 | €27,745 | +€803 | +3.0% |
| Financial debts | 170/4 | €26,942 | €27,745 | +€803 | +3.0% |
| Amounts payable within one year | 42/48 | €143,702 | €175,533 | +€31,831 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €7,663 | €10,888 | +€3,225 | +42.1% |
| Financial debts | 43 | €20,326 | €23,740 | +€3,414 | +16.8% |
| Credit institutions | 430/8 | €20,326 | €23,740 | +€3,414 | +16.8% |
| Trade debts | 44 | €91,449 | €59,134 | -€32,315 | -35.3% |
| Suppliers | 440/4 | €91,449 | €59,134 | -€32,315 | -35.3% |
| Advances received on contracts in progress | 46 | €5,953 | - | -€5,953 | |
| Taxes, remuneration and social security | 45 | €3,900 | €25,113 | +€21,213 | +544% |
| Taxes | 450/3 | €3,900 | €25,113 | +€21,213 | +544% |
| Other amounts payable | 47/48 | €14,411 | €56,658 | +€42,247 | +293% |
| Turnover | 70 | €377,691 | €416,911 | +€39,220 | +10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €343,894 | €368,651 | +€24,757 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,918 | €35,061 | +€12,144 | +53.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,150 | +€38,150 | |
| Other operating charges | 640/8 | €2,150 | €7,805 | +€5,655 | +263% |
| Gross operating margin | 9900 | €33,797 | €48,260 | +€14,463 | +42.8% |
| Operating profit (loss) | 9901 | €8,729 | -€32,757 | -€41,486 | |
| Financial income | 75/76B | €0 | €121 | +€121 | +50,283% |
| Recurring financial income | 75 | €0 | €121 | +€121 | +50,283% |
| Financial charges | 65/66B | €5,500 | €10,944 | +€5,444 | +99.0% |
| Recurring financial charges | 65 | €5,500 | €10,944 | +€5,444 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €3,229 | -€43,580 | -€46,809 | |
| Profit (loss) for the period | 9904 | €3,229 | -€43,580 | -€46,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,229 | -€43,580 | -€46,809 |
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 31 October 2026 via checked.be.