LE CEPAGE: 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.
LE CEPAGE
Largest movements
- Receivables within one year -€52,435
down €52,435 (-45.2%), from €116,052 to €63,617
of which Trade receivables: -€30,977
- Trade debts -€40,337
down €40,337 (-25.8%), from €156,239 to €115,902
- Profit (loss) carried forward +€40,021
up €40,021 (+43.6%), from -€91,771 to -€51,750
- Advances received -€34,521
no longer reported in 2024 (was €34,521)
- Tax, wage and social debts -€19,362
down €19,362 (-98.9%), from €19,572 to €211
- Gross operating margin +€48,286
up €48,286, from -€3,796 to €44,490
- Other operating charges +€2,236
up €2,236 (+107%), from €2,082 to €4,318
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 | €126,000 | €72,750 | -€53,249 | -42.3% |
| Current assets | 29/58 | €126,000 | €72,750 | -€53,249 | -42.3% |
| Stocks and contracts in progress | 3 | €9,297 | €9,058 | -€239 | -2.6% |
| Stocks | 30/36 | €9,297 | €9,058 | -€239 | -2.6% |
| Amounts receivable within one year | 40/41 | €116,052 | €63,617 | -€52,435 | -45.2% |
| Trade receivables | 40 | €30,977 | - | -€30,977 | |
| Other amounts receivable | 41 | €85,076 | €63,617 | -€21,459 | -25.2% |
| Cash at bank and in hand | 54/58 | €650 | €75 | -€575 | -88.5% |
| Total equity and liabilities | 10/49 | €126,000 | €72,750 | -€53,249 | -42.3% |
| Equity | 10/15 | -€85,571 | -€45,550 | +€40,021 | +46.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,771 | -€51,750 | +€40,021 | +43.6% |
| Amounts payable | 17/49 | €211,571 | €118,301 | -€93,270 | -44.1% |
| Amounts payable within one year | 42/48 | €211,571 | €118,301 | -€93,270 | -44.1% |
| Trade debts | 44 | €156,239 | €115,902 | -€40,337 | -25.8% |
| Suppliers | 440/4 | €156,239 | €115,902 | -€40,337 | -25.8% |
| Advances received on contracts in progress | 46 | €34,521 | - | -€34,521 | |
| Taxes, remuneration and social security | 45 | €19,572 | €211 | -€19,362 | -98.9% |
| Taxes | 450/3 | €19,572 | €211 | -€19,362 | -98.9% |
| Other amounts payable | 47/48 | €1,239 | €2,188 | +€949 | +76.7% |
| Non-recurring operating income | 76A | - | €47,886 | +€47,886 | |
| Other operating charges | 640/8 | €2,082 | €4,318 | +€2,236 | +107% |
| Gross operating margin | 9900 | -€3,796 | €44,490 | +€48,286 | |
| Operating profit (loss) | 9901 | -€5,879 | €40,172 | +€46,050 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €159 | €151 | -€8 | -5.2% |
| Recurring financial charges | 65 | €159 | €151 | -€8 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,038 | €40,021 | +€46,059 | |
| Profit (loss) for the period | 9904 | -€6,038 | €40,021 | +€46,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,038 | €40,021 | +€46,059 |
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 13 October 2026 via checked.be.