A & A: 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.
A & A
Largest movements
- Tangible fixed assets -€109,730
down €109,730 (-99.7%), from €110,094 to €364
of which Land and buildings: -€109,490
- Stocks and contracts +€9,000
up €9,000 (+347%), from €2,596 to €11,595
- Cash +€3,628
up €3,628 (+409%), from €886 to €4,514
mainly Investment in fixed assets (net) (+€107,240) and Contributions, distributions and other (+€10,549)
- Receivables within one year -€2,268
no longer reported in 2024 (was €2,268)
- Financial fixed assets +€2,250
up €2,250 (+30.0%), from €7,500 to €9,750
- Debts after one year -€53,155
no longer reported in 2024 (was €53,155)
- Other debts -€41,064
no longer reported in 2024 (was €41,064)
- Profit (loss) carried forward +€9,342
up €9,342 (+43.3%), from -€21,565 to -€12,223
- Current portion of long-term debt -€7,264
no longer reported in 2024 (was €7,264)
- Tax, wage and social debts -€6,985
down €6,985 (-53.4%), from €13,074 to €6,089
of which Remuneration and social security: -€10,166
- Purchases and services +€40,213
up €40,213 (+330%), from €12,185 to €52,398
- Turnover +€37,084
up €37,084 (+177%), from €20,978 to €58,062
- Gross operating margin +€20,957
up €20,957 (+158%), from €13,293 to €34,250
- Staff costs +€11,845
new in 2024: €11,845
- Other operating charges +€9,132
up €9,132 (+127%), from €7,183 to €16,315
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.
Derived cash bridge
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 | €123,344 | €28,171 | -€95,174 | -77.2% |
| Fixed assets | 21/28 | €117,594 | €10,114 | -€107,480 | -91.4% |
| Tangible fixed assets | 22/27 | €110,094 | €364 | -€109,730 | -99.7% |
| Land and buildings | 22 | €109,490 | - | -€109,490 | |
| Plant, machinery and equipment | 23 | €604 | €364 | -€240 | -39.8% |
| Financial fixed assets | 28 | €7,500 | €9,750 | +€2,250 | +30.0% |
| Current assets | 29/58 | €5,750 | €18,057 | +€12,307 | +214% |
| Stocks and contracts in progress | 3 | €2,596 | €11,595 | +€9,000 | +347% |
| Stocks | 30/36 | €2,596 | €11,595 | +€9,000 | +347% |
| Amounts receivable within one year | 40/41 | €2,268 | - | -€2,268 | |
| Trade receivables | 40 | €2,268 | - | -€2,268 | |
| Cash at bank and in hand | 54/58 | €886 | €4,514 | +€3,628 | +409% |
| Deferred charges and accrued income | 490/1 | - | €1,948 | +€1,948 | |
| Total equity and liabilities | 10/49 | €123,344 | €28,171 | -€95,174 | -77.2% |
| Equity | 10/15 | -€1,105 | €8,237 | +€9,342 | |
| 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 | -€21,565 | -€12,223 | +€9,342 | +43.3% |
| Amounts payable | 17/49 | €124,449 | €19,934 | -€104,516 | -84.0% |
| Amounts payable after more than one year | 17 | €53,155 | - | -€53,155 | |
| Financial debts | 170/4 | €53,155 | - | -€53,155 | |
| Amounts payable within one year | 42/48 | €71,294 | €15,134 | -€56,160 | -78.8% |
| Current portion of amounts payable after more than one year | 42 | €7,264 | - | -€7,264 | |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €9,891 | €9,045 | -€847 | -8.6% |
| Suppliers | 440/4 | €9,891 | €9,045 | -€847 | -8.6% |
| Taxes, remuneration and social security | 45 | €13,074 | €6,089 | -€6,985 | -53.4% |
| Taxes | 450/3 | - | €3,181 | +€3,181 | |
| Remuneration and social security | 454/9 | €13,074 | €2,908 | -€10,166 | -77.8% |
| Other amounts payable | 47/48 | €41,064 | - | -€41,064 | |
| Accrued charges and deferred income | 492/3 | - | €4,800 | +€4,800 | |
| Turnover | 70 | €20,978 | €58,062 | +€37,084 | +177% |
| Non-recurring operating income | 76A | - | €3,075 | +€3,075 | |
| Goods, raw materials, services and sundry goods | 60/61 | €12,185 | €52,398 | +€40,213 | +330% |
| Remuneration, social security and pensions | 62 | - | €11,845 | +€11,845 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,205 | €240 | -€3,965 | -94.3% |
| Other operating charges | 640/8 | €7,183 | €16,315 | +€9,132 | +127% |
| Non-recurring operating charges | 66A | - | €7,500 | +€7,500 | |
| Gross operating margin | 9900 | €13,293 | €34,250 | +€20,957 | +158% |
| Operating profit (loss) | 9901 | €1,904 | -€1,650 | -€3,554 | |
| Financial income | 75/76B | - | €1,288 | +€1,288 | |
| Recurring financial income | 75 | - | €1,288 | +€1,288 | |
| Financial charges | 65/66B | €3,379 | €845 | -€2,534 | -75.0% |
| Recurring financial charges | 65 | €3,379 | €845 | -€2,534 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,474 | -€1,207 | +€267 | +18.1% |
| Profit (loss) for the period | 9904 | -€1,474 | -€1,207 | +€267 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,474 | -€1,207 | +€267 | +18.1% |
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 13 October 2026 via checked.be.