1660: 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.
1660
Largest movements
- Tangible fixed assets +€16,923
up €16,923 (+127.6%), from €13,265 to €30,188
of which Furniture and vehicles: +€13,582
- Cash -€9,201
down €9,201 (-55.3%), from €16,652 to €7,451
mainly Investment in fixed assets (net) (-€23,682) and Tax, wage and social debts (-€13,922)
- Intangible fixed assets -€8,200
down €8,200 (-34.3%), from €23,917 to €15,717
- Stocks and contracts +€2,551
up €2,551, from €0 to €2,551
- Receivables within one year -€2,502
down €2,502 (-29.6%), from €8,450 to €5,948
of which Trade receivables: -€2,887
- Tax, wage and social debts -€13,922
down €13,922 (-82.0%), from €16,977 to €3,055
of which Taxes: -€13,217
- Debts after one year +€9,804
up €9,804 (+59.3%), from €16,520 to €26,324
- Trade debts +€4,267
up €4,267 (+41.6%), from €10,249 to €14,516
- Current portion of long-term debt +€3,324
up €3,324 (+55.2%), from €6,020 to €9,344
- Other debts -€3,039
down €3,039 (-48.5%), from €6,266 to €3,227
- Gross operating margin +€62,347
up €62,347, from -€42,992 to €19,355
- Other operating charges -€5,385
down €5,385 (-77.1%), from €6,982 to €1,597
- Depreciation +€3,666
up €3,666 (+31.6%), from €11,614 to €15,279
- Staff costs -€2,924
down €2,924 (-99.4%), from €2,941 to €17
- Financial charges +€1,115
up €1,115 (+89.6%), from €1,244 to €2,359
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 | €65,449 | €66,023 | +€573 | +0.9% |
| Fixed assets | 21/28 | €39,603 | €48,005 | +€8,402 | +21.2% |
| Intangible fixed assets | 21 | €23,917 | €15,717 | -€8,200 | -34.3% |
| Tangible fixed assets | 22/27 | €13,265 | €30,188 | +€16,923 | +127.6% |
| Plant, machinery and equipment | 23 | €4,581 | €7,996 | +€3,415 | +74.5% |
| Furniture and vehicles | 24 | €8,252 | €21,835 | +€13,582 | +164.6% |
| Other tangible fixed assets | 26 | €432 | €358 | -€74 | -17.2% |
| Financial fixed assets | 28 | €2,421 | €2,100 | -€321 | -13.2% |
| Current assets | 29/58 | €25,847 | €18,018 | -€7,829 | -30.3% |
| Stocks and contracts in progress | 3 | €0 | €2,551 | +€2,551 | |
| Stocks | 30/36 | €0 | €2,551 | +€2,551 | |
| Amounts receivable within one year | 40/41 | €8,450 | €5,948 | -€2,502 | -29.6% |
| Trade receivables | 40 | €7,667 | €4,781 | -€2,887 | -37.6% |
| Other amounts receivable | 41 | €783 | €1,167 | +€384 | +49.1% |
| Cash at bank and in hand | 54/58 | €16,652 | €7,451 | -€9,201 | -55.3% |
| Deferred charges and accrued income | 490/1 | €744 | €2,068 | +€1,323 | +177.8% |
| Total equity and liabilities | 10/49 | €65,449 | €66,023 | +€573 | +0.9% |
| Equity | 10/15 | €9,416 | €9,468 | +€52 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,044 | -€10,992 | +€52 | +0.5% |
| Amounts payable | 17/49 | €56,033 | €56,554 | +€522 | +0.9% |
| Amounts payable after more than one year | 17 | €16,520 | €26,324 | +€9,804 | +59.3% |
| Financial debts | 170/4 | €16,520 | €26,324 | +€9,804 | +59.3% |
| Amounts payable within one year | 42/48 | €39,513 | €30,143 | -€9,370 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €6,020 | €9,344 | +€3,324 | +55.2% |
| Trade debts | 44 | €10,249 | €14,516 | +€4,267 | +41.6% |
| Suppliers | 440/4 | €10,249 | €14,516 | +€4,267 | +41.6% |
| Taxes, remuneration and social security | 45 | €16,977 | €3,055 | -€13,922 | -82.0% |
| Taxes | 450/3 | €16,272 | €3,055 | -€13,217 | -81.2% |
| Remuneration and social security | 454/9 | €705 | €0 | -€705 | -100.0% |
| Other amounts payable | 47/48 | €6,266 | €3,227 | -€3,039 | -48.5% |
| Accrued charges and deferred income | 492/3 | - | €88 | +€88 | |
| Non-recurring operating income | 76A | €1,066 | €1,238 | +€172 | +16.1% |
| Remuneration, social security and pensions | 62 | €2,941 | €17 | -€2,924 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,614 | €15,279 | +€3,666 | +31.6% |
| Other operating charges | 640/8 | €6,982 | €1,597 | -€5,385 | -77.1% |
| Non-recurring operating charges | 66A | €9,922 | €0 | -€9,922 | -100.0% |
| Gross operating margin | 9900 | -€42,992 | €19,355 | +€62,347 | |
| Operating profit (loss) | 9901 | -€74,450 | €2,462 | +€76,912 | |
| Financial income | 75/76B | €421 | €92 | -€329 | -78.2% |
| Recurring financial income | 75 | €421 | €92 | -€329 | -78.2% |
| Financial charges | 65/66B | €1,244 | €2,359 | +€1,115 | +89.6% |
| Recurring financial charges | 65 | €1,244 | €2,359 | +€1,115 | +89.6% |
| Profit (loss) for the period before taxes | 9903 | -€75,274 | €195 | +€75,469 | |
| Income taxes | 67/77 | €141 | €143 | +€2 | +1.6% |
| Profit (loss) for the period | 9904 | -€75,415 | €52 | +€75,466 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,415 | €52 | +€75,466 |
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 3 October 2026 via checked.be.