AMBITIE: 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.
AMBITIE
Largest movements
- Cash -€302,130
down €302,130 (-15.1%), from €2.0m to €1.7m
mainly Debts after one year (-€307,637) and Current portion of long-term debt (-€120,817)
- Receivables within one year -€60,647
no longer reported in 2024 (was €60,647)
of which Trade receivables: -€42,350
- Debts after one year -€307,637
down €307,637 (-31.3%), from €982,822 to €675,185
- Current portion of long-term debt -€120,817
down €120,817 (-49.2%), from €245,493 to €124,676
- Reserves +€105,000
up €105,000 (+10.5%), from €997,860 to €1.1m
of which Distributable reserves: +€105,000
- Tax, wage and social debts -€57,420
down €57,420 (-72.1%), from €79,679 to €22,259
of which Taxes: -€62,295
- Gross operating margin -€929,744
down €929,744 (-76.7%), from €1.2m to €282,580
- Taxes -€289,323
down €289,323 (-82.0%), from €352,802 to €63,479
- Other operating charges -€35,696
down €35,696 (-70.7%), from €50,523 to €14,827
- Depreciation +€33,904
up €33,904 (+68.7%), from €49,320 to €83,224
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 | €4,176,434 | €3,796,069 | -€380,365 | -9.1% |
| Fixed assets | 21/28 | €2,109,931 | €2,090,179 | -€19,752 | -0.9% |
| Tangible fixed assets | 22/27 | €2,109,931 | €2,090,179 | -€19,752 | -0.9% |
| Land and buildings | 22 | €1,944,290 | - | -€1.9m | |
| Furniture and vehicles | 24 | €165,641 | €2,090,179 | +€1.9m | +1161.9% |
| Current assets | 29/58 | €2,066,503 | €1,705,890 | -€360,612 | -17.5% |
| Amounts receivable within one year | 40/41 | €60,647 | - | -€60,647 | |
| Trade receivables | 40 | €42,350 | - | -€42,350 | |
| Other amounts receivable | 41 | €18,297 | - | -€18,297 | |
| Cash at bank and in hand | 54/58 | €2,005,856 | €1,703,726 | -€302,130 | -15.1% |
| Deferred charges and accrued income | 490/1 | - | €2,165 | +€2,165 | |
| Total equity and liabilities | 10/49 | €4,176,434 | €3,796,069 | -€380,365 | -9.1% |
| Equity | 10/15 | €2,865,860 | €2,970,999 | +€105,139 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €997,860 | €1,102,860 | +€105,000 | +10.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €996,000 | €1,101,000 | +€105,000 | +10.5% |
| Profit (loss) carried forward | 14 | €1,861,800 | €1,861,939 | +€139 | 0.0% |
| Amounts payable | 17/49 | €1,310,574 | €825,071 | -€485,503 | -37.0% |
| Amounts payable after more than one year | 17 | €982,822 | €675,185 | -€307,637 | -31.3% |
| Financial debts | 170/4 | €982,822 | €675,185 | -€307,637 | -31.3% |
| Amounts payable within one year | 42/48 | €327,752 | €149,885 | -€177,866 | -54.3% |
| Current portion of amounts payable after more than one year | 42 | €245,493 | €124,676 | -€120,817 | -49.2% |
| Trade debts | 44 | €2,580 | €2,546 | -€34 | -1.3% |
| Suppliers | 440/4 | €2,580 | €2,546 | -€34 | -1.3% |
| Taxes, remuneration and social security | 45 | €79,679 | €22,259 | -€57,420 | -72.1% |
| Taxes | 450/3 | €79,679 | €17,384 | -€62,295 | -78.2% |
| Remuneration and social security | 454/9 | - | €4,875 | +€4,875 | |
| Other amounts payable | 47/48 | - | €405 | +€405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,320 | €83,224 | +€33,904 | +68.7% |
| Other operating charges | 640/8 | €50,523 | €14,827 | -€35,696 | -70.7% |
| Non-recurring operating charges | 66A | €229 | €53 | -€176 | -76.9% |
| Gross operating margin | 9900 | €1,212,325 | €282,580 | -€929,744 | -76.7% |
| Operating profit (loss) | 9901 | €1,112,252 | €184,476 | -€927,776 | -83.4% |
| Financial income | 75/76B | €6,031 | €10,455 | +€4,425 | +73.4% |
| Recurring financial income | 75 | €6,031 | €10,455 | +€4,425 | +73.4% |
| Financial charges | 65/66B | €28,611 | €26,314 | -€2,297 | -8.0% |
| Recurring financial charges | 65 | €28,611 | €26,314 | -€2,297 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €1,089,672 | €168,618 | -€921,055 | -84.5% |
| Income taxes | 67/77 | €352,802 | €63,479 | -€289,323 | -82.0% |
| Profit (loss) for the period | 9904 | €736,870 | €105,139 | -€631,732 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €736,870 | €105,139 | -€631,732 | -85.7% |
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 29 September 2026 via checked.be.