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AMAZING PROJECTS: 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.

What changed

AMAZING PROJECTS

BE 0842.239.716
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€226,147
2023 · -€187,608+€413,755
Equity
€88,297
2023 · -€137,849+€226,147
Cash
€150,675
2023 · €0+€150,675
Balance sheet total
€171,465
2023 · €518,285-€346,819

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€511,836

    down €511,836 (-100.0%), from €511,836 to €0

  • Cash +€150,675

    up €150,675, from €0 to €150,675

    mainly Investment in fixed assets (net) (+€507,836) and Net result for the year (+€226,147)

  • Receivables within one year +€10,563

    up €10,563 (+177.2%), from €5,963 to €16,526

    of which Other amounts receivable: +€16,512

Equity and liabilities
  • Current portion of long-term debt -€349,768

    down €349,768 (-100.0%), from €349,768 to €0

  • Debts after one year -€216,445

    down €216,445 (-100.0%), from €216,445 to €0

  • Profit (loss) carried forward +€160,100

    up €160,100, from -€160,100 to €0

  • Reserves +€66,046

    up €66,046 (+1808.9%), from €3,651 to €69,697

    of which Distributable reserves: +€66,046

  • Trade debts -€25,416

    down €25,416 (-47.1%), from €53,926 to €28,511

Income statement
  • Gross operating margin +€340,263

    up €340,263 (+890.6%), from €38,208 to €378,471

  • Taxes +€43,106

    up €43,106, from €0 to €43,106

  • Financial charges +€13,243

    up €13,243 (+29.4%), from €45,107 to €58,350

  • Depreciation -€10,954

    down €10,954 (-96.9%), from €11,308 to €354

  • Financial income -€5,189

    down €5,189 (-87.3%), from €5,944 to €755

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€187,608
Gross operating margin +€340,263
Depreciation +€10,954
Other operating charges -€3,382
Other operating items +€127,457
Financial income -€5,189
Financial charges -€13,243
Taxes -€43,106
Result 2024 €226,147

Cash bridge derived

cash 2023 to 2024

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.

From operations +€210,480
Investment +€507,836
Financing -€567,641
Cash 2023 €0
Net result for the year +€226,147
Depreciation +€354
Receivables within one year -€10,563
Deferred charges and accrued income -€132
Trade debts -€25,416
Tax, wage and social debts +€22,238
Other debts -€2,147
Investment in fixed assets (net) +€507,836
Debts after one year -€216,445
Current portion of long-term debt -€349,768
Short-term financial debts -€1,428
Cash 2024 €150,675
Every line side by side 46 lines
Line Code 2023 2024 Change %
Total assets 20/58 €518,285 €171,465 -€346,819 -66.9%
Fixed assets 21/28 €511,836 €3,646 -€508,190 -99.3%
Intangible fixed assets 21 - €3,646 +€3,646
Tangible fixed assets 22/27 €511,836 €0 -€511,836 -100.0%
Land and buildings 22 €511,836 €0 -€511,836 -100.0%
Current assets 29/58 €6,449 €167,819 +€161,371 +2502.3%
Amounts receivable within one year 40/41 €5,963 €16,526 +€10,563 +177.2%
Trade receivables 40 €5,949 €0 -€5,949 -100.0%
Other amounts receivable 41 €14 €16,526 +€16,512 +121862.1%
Cash at bank and in hand 54/58 €0 €150,675 +€150,675
Deferred charges and accrued income 490/1 €486 €619 +€132 +27.2%
Total equity and liabilities 10/49 €518,285 €171,465 -€346,819 -66.9%
Equity 10/15 -€137,849 €88,297 +€226,147
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €3,651 €69,697 +€66,046 +1808.9%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €3,651 €69,697 +€66,046 +1808.9%
Profit (loss) carried forward 14 -€160,100 €0 +€160,100
Amounts payable 17/49 €656,134 €83,168 -€572,966 -87.3%
Amounts payable after more than one year 17 €216,445 €0 -€216,445 -100.0%
Financial debts 170/4 €216,445 €0 -€216,445 -100.0%
Amounts payable within one year 42/48 €439,689 €83,168 -€356,521 -81.1%
Current portion of amounts payable after more than one year 42 €349,768 €0 -€349,768 -100.0%
Financial debts 43 €1,428 €0 -€1,428 -100.0%
Credit institutions 430/8 €1,428 €0 -€1,428 -100.0%
Trade debts 44 €53,926 €28,511 -€25,416 -47.1%
Suppliers 440/4 €53,926 €28,511 -€25,416 -47.1%
Taxes, remuneration and social security 45 €32,368 €54,606 +€22,238 +68.7%
Taxes 450/3 €32,368 €43,106 +€10,738 +33.2%
Remuneration and social security 454/9 - €11,500 +€11,500
Other amounts payable 47/48 €2,199 €52 -€2,147 -97.7%
Non-recurring operating income 76A - €359,341 +€359,341
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,308 €354 -€10,954 -96.9%
Other operating charges 640/8 €5,510 €8,891 +€3,382 +61.4%
Non-recurring operating charges 66A €169,835 €42,378 -€127,457 -75.0%
Gross operating margin 9900 €38,208 €378,471 +€340,263 +890.6%
Operating profit (loss) 9901 -€148,445 €326,848 +€475,292
Financial income 75/76B €5,944 €755 -€5,189 -87.3%
Recurring financial income 75 €5,944 €755 -€5,189 -87.3%
Financial charges 65/66B €45,107 €58,350 +€13,243 +29.4%
Recurring financial charges 65 €45,107 €58,350 +€13,243 +29.4%
Profit (loss) for the period before taxes 9903 -€187,608 €269,252 +€456,861
Income taxes 67/77 €0 €43,106 +€43,106
Profit (loss) for the period 9904 -€187,608 €226,147 +€413,755
Profit (loss) for the period to be appropriated 9905 -€187,608 €226,147 +€413,755

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 30 September 2026 via checked.be.