24th Street: 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.
24th Street
Largest movements
- Financial fixed assets +€60,000
up €60,000 (+15.1%), from €397,500 to €457,500
- Tangible fixed assets +€50,207
up €50,207 (+46.2%), from €108,740 to €158,947
of which Furniture and vehicles: +€54,707
- Receivables within one year -€35,596
down €35,596 (-35.9%), from €99,117 to €63,521
of which Trade receivables: -€35,626
- Reserves +€61,790
up €61,790 (+24.8%), from €248,850 to €310,640
- Trade debts +€57,652
up €57,652 (+220%), from €26,240 to €83,891
- Advances received -€47,410
down €47,410 (-100%), from €47,410 to €0
- Debts after one year +€36,979
up €36,979 (+22.5%), from €164,185 to €201,165
- Short-term financial debts -€25,000
down €25,000 (-100%), from €25,000 to €0
- Gross operating margin +€38,372
up €38,372 (+41.2%), from €93,136 to €131,508
- Financial charges +€20,170
up €20,170 (+415%), from €4,863 to €25,034
- Taxes +€10,786
up €10,786 (+45.3%), from €23,787 to €34,573
- Depreciation -€4,966
down €4,966 (-35.7%), from €13,912 to €8,946
- Other operating charges -€3,063
down €3,063 (-71.6%), from €4,275 to €1,212
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,823 | €685,044 | +€78,221 | +12.9% |
| Fixed assets | 21/28 | €506,240 | €616,447 | +€110,207 | +21.8% |
| Tangible fixed assets | 22/27 | €108,740 | €158,947 | +€50,207 | +46.2% |
| Land and buildings | 22 | €82,583 | €78,083 | -€4,500 | -5.4% |
| Furniture and vehicles | 24 | €26,157 | €80,863 | +€54,707 | +209% |
| Financial fixed assets | 28 | €397,500 | €457,500 | +€60,000 | +15.1% |
| Current assets | 29/58 | €100,583 | €68,597 | -€31,986 | -31.8% |
| Amounts receivable within one year | 40/41 | €99,117 | €63,521 | -€35,596 | -35.9% |
| Trade receivables | 40 | €93,397 | €57,771 | -€35,626 | -38.1% |
| Other amounts receivable | 41 | €5,719 | €5,750 | +€31 | +0.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,467 | €5,076 | +€3,610 | +246% |
| Total equity and liabilities | 10/49 | €606,823 | €685,044 | +€78,221 | +12.9% |
| Equity | 10/15 | €255,050 | €316,840 | +€61,790 | +24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €248,850 | €310,640 | +€61,790 | +24.8% |
| Distributable reserves | 133 | €248,850 | €310,640 | +€61,790 | +24.8% |
| Amounts payable | 17/49 | €351,773 | €368,204 | +€16,431 | +4.7% |
| Amounts payable after more than one year | 17 | €164,185 | €201,165 | +€36,979 | +22.5% |
| Financial debts | 170/4 | €164,185 | €201,165 | +€36,979 | +22.5% |
| Amounts payable within one year | 42/48 | €187,083 | €166,640 | -€20,443 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €45,108 | €39,421 | -€5,687 | -12.6% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100% |
| Trade debts | 44 | €26,240 | €83,891 | +€57,652 | +220% |
| Suppliers | 440/4 | €26,240 | €83,891 | +€57,652 | +220% |
| Advances received on contracts in progress | 46 | €47,410 | €0 | -€47,410 | -100% |
| Taxes, remuneration and social security | 45 | €34,819 | €40,048 | +€5,229 | +15.0% |
| Taxes | 450/3 | €34,819 | €40,048 | +€5,229 | +15.0% |
| Other amounts payable | 47/48 | €8,507 | €3,280 | -€5,226 | -61.4% |
| Accrued charges and deferred income | 492/3 | €505 | €400 | -€106 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,912 | €8,946 | -€4,966 | -35.7% |
| Other operating charges | 640/8 | €4,275 | €1,212 | -€3,063 | -71.6% |
| Gross operating margin | 9900 | €93,136 | €131,508 | +€38,372 | +41.2% |
| Operating profit (loss) | 9901 | €74,949 | €121,350 | +€46,401 | +61.9% |
| Financial income | 75/76B | €0 | €47 | +€47 | +467,800% |
| Recurring financial income | 75 | €0 | €47 | +€47 | +467,800% |
| Financial charges | 65/66B | €4,863 | €25,034 | +€20,170 | +415% |
| Recurring financial charges | 65 | €4,863 | €25,034 | +€20,170 | +415% |
| Profit (loss) for the period before taxes | 9903 | €70,085 | €96,363 | +€26,278 | +37.5% |
| Income taxes | 67/77 | €23,787 | €34,573 | +€10,786 | +45.3% |
| Profit (loss) for the period | 9904 | €46,298 | €61,790 | +€15,492 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,298 | €61,790 | +€15,492 | +33.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.