1950: 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.
1950
Largest movements
- Tangible fixed assets -€47,000
down €47,000 (-3.2%), from €1.5m to €1.4m
- Profit (loss) carried forward -€77,047
down €77,047 (-83.3%), from -€92,450 to -€169,497
- Other debts +€28,150
up €28,150 (+2.1%), from €1.3m to €1.4m
- Depreciation +€47,000
new in 2024: €47,000
- Gross operating margin -€11,447
down €11,447 (-113.9%), from -€10,049 to -€21,496
- Other operating charges +€6,161
up €6,161 (+289.1%), from €2,131 to €8,292
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,483,965 | €1,437,036 | -€46,928 | -3.2% |
| Fixed assets | 21/28 | €1,479,634 | €1,432,634 | -€47,000 | -3.2% |
| Tangible fixed assets | 22/27 | €1,479,634 | €1,432,634 | -€47,000 | -3.2% |
| Furniture and vehicles | 24 | €1,479,634 | €1,432,634 | -€47,000 | -3.2% |
| Current assets | 29/58 | €4,331 | €4,403 | +€72 | +1.7% |
| Cash at bank and in hand | 54/58 | €990 | €787 | -€203 | -20.5% |
| Deferred charges and accrued income | 490/1 | €3,341 | €3,616 | +€275 | +8.2% |
| Total equity and liabilities | 10/49 | €1,483,965 | €1,437,036 | -€46,928 | -3.2% |
| Equity | 10/15 | €160,050 | €83,003 | -€77,047 | -48.1% |
| Contributions | 10/11 | €252,500 | €252,500 | = | 0.0% |
| Capital | 10 | €252,500 | €252,500 | = | 0.0% |
| Issued capital | 100 | €252,500 | €252,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,450 | -€169,497 | -€77,047 | -83.3% |
| Amounts payable | 17/49 | €1,323,914 | €1,354,033 | +€30,119 | +2.3% |
| Amounts payable within one year | 42/48 | €1,323,914 | €1,354,033 | +€30,119 | +2.3% |
| Trade debts | 44 | €65 | €2,034 | +€1,969 | +3047.5% |
| Suppliers | 440/4 | €65 | €2,034 | +€1,969 | +3047.5% |
| Other amounts payable | 47/48 | €1,323,850 | €1,352,000 | +€28,150 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €47,000 | +€47,000 | |
| Other operating charges | 640/8 | €2,131 | €8,292 | +€6,161 | +289.1% |
| Non-recurring operating charges | 66A | €4,000 | - | -€4,000 | |
| Gross operating margin | 9900 | -€10,049 | -€21,496 | -€11,447 | -113.9% |
| Operating profit (loss) | 9901 | -€16,180 | -€76,788 | -€60,608 | -374.6% |
| Financial charges | 65/66B | €230 | €259 | +€29 | +12.8% |
| Recurring financial charges | 65 | €230 | €259 | +€29 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,410 | -€77,047 | -€60,637 | -369.5% |
| Profit (loss) for the period | 9904 | -€16,410 | -€77,047 | -€60,637 | -369.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,410 | -€77,047 | -€60,637 | -369.5% |
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 4 October 2026 via checked.be.