89: 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.
89
Largest movements
- Tangible fixed assets -€7,474
down €7,474 (-48.3%), from €15,468 to €7,995
of which Plant, machinery and equipment: -€7,474
- Stocks and contracts +€5,992
up €5,992 (+3.2%), from €189,369 to €195,360
- Receivables within one year +€4,604
up €4,604 (+34.0%), from €13,523 to €18,126
of which Trade receivables: +€4,154
- Other debts +€10,769
up €10,769 (+12.3%), from €87,810 to €98,579
- Trade debts -€8,511
down €8,511 (-10.6%), from €80,451 to €71,940
- Tax, wage and social debts +€6,559
up €6,559 (+47.3%), from €13,867 to €20,426
of which Taxes: +€6,071
- Current portion of long-term debt -€5,000
down €5,000 (-17.0%), from €29,405 to €24,405
- Short-term financial debts -€3,827
down €3,827 (-23.6%), from €16,188 to €12,360
of which Credit institutions: -€1,998
- Gross operating margin +€57,010
up €57,010, from -€9,081 to €47,928
- Staff costs +€7,808
up €7,808 (+33.7%), from €23,145 to €30,953
- Financial charges +€1,022
up €1,022 (+20.9%), from €4,881 to €5,904
- Other operating charges -€556
down €556 (-20.4%), from €2,729 to €2,172
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,391 | €229,903 | +€2,512 | +1.1% |
| Fixed assets | 21/28 | €23,018 | €15,545 | -€7,474 | -32.5% |
| Tangible fixed assets | 22/27 | €15,468 | €7,995 | -€7,474 | -48.3% |
| Plant, machinery and equipment | 23 | €15,468 | €7,995 | -€7,474 | -48.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €7,550 | €7,550 | = | 0.0% |
| Current assets | 29/58 | €204,373 | €214,358 | +€9,985 | +4.9% |
| Stocks and contracts in progress | 3 | €189,369 | €195,360 | +€5,992 | +3.2% |
| Stocks | 30/36 | €189,369 | €195,360 | +€5,992 | +3.2% |
| Amounts receivable within one year | 40/41 | €13,523 | €18,126 | +€4,604 | +34.0% |
| Trade receivables | 40 | €13,464 | €17,618 | +€4,154 | +30.9% |
| Other amounts receivable | 41 | €59 | €509 | +€450 | +764.9% |
| Deferred charges and accrued income | 490/1 | €1,481 | €871 | -€610 | -41.2% |
| Total equity and liabilities | 10/49 | €227,391 | €229,903 | +€2,512 | +1.1% |
| Equity | 10/15 | -€19,465 | -€18,162 | +€1,303 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,009 | €22,009 | = | 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% |
| Tax-exempt reserves | 132 | €207 | €207 | = | 0.0% |
| Distributable reserves | 133 | €19,942 | €19,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,074 | -€58,771 | +€1,303 | +2.2% |
| Amounts payable | 17/49 | €246,856 | €248,065 | +€1,209 | +0.5% |
| Amounts payable after more than one year | 17 | €15,595 | €15,595 | = | 0.0% |
| Financial debts | 170/4 | €15,595 | €15,595 | = | 0.0% |
| Amounts payable within one year | 42/48 | €227,722 | €227,711 | -€11 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €29,405 | €24,405 | -€5,000 | -17.0% |
| Financial debts | 43 | €16,188 | €12,360 | -€3,827 | -23.6% |
| Credit institutions | 430/8 | €14,358 | €12,360 | -€1,998 | -13.9% |
| Other loans | 439 | €1,830 | €0 | -€1,830 | -100.0% |
| Trade debts | 44 | €80,451 | €71,940 | -€8,511 | -10.6% |
| Suppliers | 440/4 | €80,451 | €71,940 | -€8,511 | -10.6% |
| Taxes, remuneration and social security | 45 | €13,867 | €20,426 | +€6,559 | +47.3% |
| Taxes | 450/3 | €7,660 | €13,732 | +€6,071 | +79.3% |
| Remuneration and social security | 454/9 | €6,207 | €6,695 | +€487 | +7.9% |
| Other amounts payable | 47/48 | €87,810 | €98,579 | +€10,769 | +12.3% |
| Accrued charges and deferred income | 492/3 | €3,540 | €4,760 | +€1,220 | +34.5% |
| Remuneration, social security and pensions | 62 | €23,145 | €30,953 | +€7,808 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,859 | €7,474 | -€385 | -4.9% |
| Other operating charges | 640/8 | €2,729 | €2,172 | -€556 | -20.4% |
| Non-recurring operating charges | 66A | €12,330 | €0 | -€12,330 | -100.0% |
| Gross operating margin | 9900 | -€9,081 | €47,928 | +€57,010 | |
| Operating profit (loss) | 9901 | -€55,144 | €7,329 | +€62,473 | |
| Financial income | 75/76B | €83 | €17 | -€65 | -79.2% |
| Recurring financial income | 75 | €83 | €17 | -€65 | -79.2% |
| Financial charges | 65/66B | €4,881 | €5,904 | +€1,022 | +20.9% |
| Recurring financial charges | 65 | €4,881 | €5,904 | +€1,022 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€59,943 | €1,442 | +€61,385 | |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€60,074 | €1,303 | +€61,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,074 | €1,303 | +€61,377 |
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 28 September 2026 via checked.be.