American Classics: 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.
American Classics
Largest movements
- Tangible fixed assets -€14,006
down €14,006 (-3.4%), from €411,526 to €397,520
of which Land and buildings: -€10,415
- Receivables within one year -€8,146
down €8,146 (-27.1%), from €30,007 to €21,861
of which Trade receivables: -€8,109
- Tax, wage and social debts +€89,646
up €89,646 (+163.7%), from €54,761 to €144,407
of which Taxes: +€50,079
- Profit (loss) carried forward -€74,014
down €74,014 (-29.3%), from -€252,402 to -€326,416
- Debts after one year -€29,736
down €29,736 (-8.5%), from €348,318 to €318,582
- Advances received -€21,074
down €21,074 (-94.0%), from €22,429 to €1,354
- Trade debts -€11,968
down €11,968 (-31.0%), from €38,556 to €26,588
- Staff costs +€20,770
up €20,770 (+22.6%), from €91,780 to €112,550
- Other operating charges +€13,344
up €13,344 (+247.6%), from €5,390 to €18,735
- Gross operating margin +€9,069
up €9,069 (+11.2%), from €80,679 to €89,749
- Financial charges +€3,530
up €3,530 (+29.2%), from €12,106 to €15,636
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 | €444,433 | €422,308 | -€22,125 | -5.0% |
| Fixed assets | 21/28 | €413,118 | €399,112 | -€14,006 | -3.4% |
| Tangible fixed assets | 22/27 | €411,526 | €397,520 | -€14,006 | -3.4% |
| Land and buildings | 22 | €396,264 | €385,849 | -€10,415 | -2.6% |
| Plant, machinery and equipment | 23 | €15,263 | €11,671 | -€3,591 | -23.5% |
| Financial fixed assets | 28 | €1,592 | €1,592 | = | 0.0% |
| Current assets | 29/58 | €31,315 | €23,196 | -€8,119 | -25.9% |
| Amounts receivable within one year | 40/41 | €30,007 | €21,861 | -€8,146 | -27.1% |
| Trade receivables | 40 | €29,719 | €21,610 | -€8,109 | -27.3% |
| Other amounts receivable | 41 | €288 | €251 | -€37 | -12.8% |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Deferred charges and accrued income | 490/1 | €1,308 | €1,335 | +€28 | +2.1% |
| Total equity and liabilities | 10/49 | €444,433 | €422,308 | -€22,125 | -5.0% |
| Equity | 10/15 | -€172,402 | -€246,416 | -€74,014 | -42.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,402 | -€326,416 | -€74,014 | -29.3% |
| Amounts payable | 17/49 | €616,835 | €668,724 | +€51,890 | +8.4% |
| Amounts payable after more than one year | 17 | €348,318 | €318,582 | -€29,736 | -8.5% |
| Financial debts | 170/4 | €348,318 | €318,582 | -€29,736 | -8.5% |
| Amounts payable within one year | 42/48 | €268,517 | €348,170 | +€79,654 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €28,334 | €32,167 | +€3,833 | +13.5% |
| Financial debts | 43 | €19,606 | €28,222 | +€8,616 | +43.9% |
| Credit institutions | 430/8 | €19,606 | €28,222 | +€8,616 | +43.9% |
| Trade debts | 44 | €38,556 | €26,588 | -€11,968 | -31.0% |
| Suppliers | 440/4 | €38,556 | €26,588 | -€11,968 | -31.0% |
| Advances received on contracts in progress | 46 | €22,429 | €1,354 | -€21,074 | -94.0% |
| Taxes, remuneration and social security | 45 | €54,761 | €144,407 | +€89,646 | +163.7% |
| Taxes | 450/3 | €37,849 | €87,929 | +€50,079 | +132.3% |
| Remuneration and social security | 454/9 | €16,911 | €56,478 | +€39,567 | +234.0% |
| Other amounts payable | 47/48 | €104,831 | €115,432 | +€10,602 | +10.1% |
| Accrued charges and deferred income | 492/3 | - | €1,972 | +€1,972 | |
| Remuneration, social security and pensions | 62 | €91,780 | €112,550 | +€20,770 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,276 | €14,006 | -€270 | -1.9% |
| Other operating charges | 640/8 | €5,390 | €18,735 | +€13,344 | +247.6% |
| Non-recurring operating charges | 66A | - | €2,840 | +€2,840 | |
| Gross operating margin | 9900 | €80,679 | €89,749 | +€9,069 | +11.2% |
| Operating profit (loss) | 9901 | -€30,767 | -€58,382 | -€27,615 | -89.8% |
| Financial income | 75/76B | €125 | €3 | -€122 | -97.5% |
| Recurring financial income | 75 | €125 | €3 | -€122 | -97.5% |
| Financial charges | 65/66B | €12,106 | €15,636 | +€3,530 | +29.2% |
| Recurring financial charges | 65 | €12,106 | €15,636 | +€3,530 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,747 | -€74,014 | -€31,267 | -73.1% |
| Profit (loss) for the period | 9904 | -€42,747 | -€74,014 | -€31,267 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,747 | -€74,014 | -€31,267 | -73.1% |
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 12 October 2026 via checked.be.