2A: 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.
2A
Largest movements
- Tangible fixed assets -€7,705
down €7,705 (-3.9%), from €200,048 to €192,344
of which Land and buildings: -€7,200
- Deferred charges and accrued income -€5,316
down €5,316 (-72.5%), from €7,336 to €2,020
- Debts after one year -€21,552
down €21,552 (-19.0%), from €113,160 to €91,608
- Profit (loss) carried forward +€10,265
up €10,265 (+5.7%), from -€181,543 to -€171,278
- Gross operating margin -€14,663
down €14,663 (-34.3%), from €42,783 to €28,119
- Depreciation -€1,474
down €1,474 (-16.1%), from €9,179 to €7,705
- Other operating charges +€1,000
up €1,000 (+39.3%), from €2,546 to €3,547
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 | €235,019 | €224,135 | -€10,884 | -4.6% |
| Fixed assets | 21/28 | €200,608 | €192,904 | -€7,705 | -3.8% |
| Tangible fixed assets | 22/27 | €200,048 | €192,344 | -€7,705 | -3.9% |
| Land and buildings | 22 | €199,200 | €192,000 | -€7,200 | -3.6% |
| Plant, machinery and equipment | 23 | €848 | €344 | -€505 | -59.5% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €34,411 | €31,232 | -€3,180 | -9.2% |
| Amounts receivable within one year | 40/41 | - | €340 | +€340 | |
| Other amounts receivable | 41 | - | €340 | +€340 | |
| Cash at bank and in hand | 54/58 | €27,076 | €28,872 | +€1,796 | +6.6% |
| Deferred charges and accrued income | 490/1 | €7,336 | €2,020 | -€5,316 | -72.5% |
| Total equity and liabilities | 10/49 | €235,019 | €224,135 | -€10,884 | -4.6% |
| Equity | 10/15 | -€111,543 | -€101,278 | +€10,265 | +9.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,543 | -€171,278 | +€10,265 | +5.7% |
| Amounts payable | 17/49 | €346,562 | €325,413 | -€21,149 | -6.1% |
| Amounts payable after more than one year | 17 | €113,160 | €91,608 | -€21,552 | -19.0% |
| Financial debts | 170/4 | €113,160 | €91,608 | -€21,552 | -19.0% |
| Amounts payable within one year | 42/48 | €233,402 | €233,805 | +€403 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €21,552 | €21,552 | = | 0.0% |
| Trade debts | 44 | €659 | €828 | +€169 | +25.7% |
| Suppliers | 440/4 | €659 | €828 | +€169 | +25.7% |
| Other amounts payable | 47/48 | €211,191 | €211,425 | +€234 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,179 | €7,705 | -€1,474 | -16.1% |
| Other operating charges | 640/8 | €2,546 | €3,547 | +€1,000 | +39.3% |
| Gross operating margin | 9900 | €42,783 | €28,119 | -€14,663 | -34.3% |
| Operating profit (loss) | 9901 | €31,058 | €16,868 | -€14,190 | -45.7% |
| Financial charges | 65/66B | €6,624 | €6,603 | -€21 | -0.3% |
| Recurring financial charges | 65 | €6,624 | €6,603 | -€21 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €24,434 | €10,265 | -€14,169 | -58.0% |
| Profit (loss) for the period | 9904 | €24,434 | €10,265 | -€14,169 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,434 | €10,265 | -€14,169 | -58.0% |
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 10 October 2026 via checked.be.