ANSEELE PATRICK: 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.
ANSEELE PATRICK
Largest movements
- Tangible fixed assets -€29,862
down €29,862 (-81.8%), from €36,515 to €6,653
- Current assets -€22,584
down €22,584 (-55.7%), from €40,579 to €17,995
of which Receivables within one year: -€13,328
- Profit (loss) carried forward -€52,130
down €52,130 (-194.4%), from -€26,813 to -€78,943
- Debts after one year -€10,027
no longer reported in 2024 (was €10,027)
- Debts within one year +€9,710
up €9,710 (+15.7%), from €61,688 to €71,398
of which Other debts: +€51,112
- Gross operating margin -€59,119
no longer reported in 2024 (was €59,119)
- Depreciation -€12,544
down €12,544 (-79.0%), from €15,871 to €3,327
From the 2019 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,564 | €25,118 | -€52,446 | -67.6% |
| Fixed assets | 21/28 | €36,985 | €7,123 | -€29,862 | -80.7% |
| Tangible fixed assets | 22/27 | €36,515 | €6,653 | -€29,862 | -81.8% |
| Land and buildings | 22 | - | €6,504 | +€6,504 | |
| Plant, machinery and equipment | 23 | - | €149 | +€149 | |
| Furniture and vehicles | 24 | - | €0 | +€0 | |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €40,579 | €17,995 | -€22,584 | -55.7% |
| Amounts receivable within one year | 40/41 | €30,185 | €16,858 | -€13,328 | -44.2% |
| Trade receivables | 40 | - | €14,096 | +€14,096 | |
| Other amounts receivable | 41 | - | €2,762 | +€2,762 | |
| Cash at bank and in hand | 54/58 | €9,257 | - | -€9,257 | |
| Deferred charges and accrued income | 490/1 | - | €1,137 | +€1,137 | |
| Total equity and liabilities | 10/49 | €77,564 | €25,118 | -€52,446 | -67.6% |
| Equity | 10/15 | €5,849 | -€46,281 | -€52,130 | |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €26,457 | €26,457 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | - | €6,635 | +€6,635 | |
| Distributable reserves | 133 | - | €17,961 | +€17,961 | |
| Profit (loss) carried forward | 14 | -€26,813 | -€78,943 | -€52,130 | -194.4% |
| Amounts payable | 17/49 | €71,715 | €71,398 | -€316 | -0.4% |
| Amounts payable after more than one year | 17 | €10,027 | - | -€10,027 | |
| Amounts payable within one year | 42/48 | €61,688 | €71,398 | +€9,710 | +15.7% |
| Trade debts | 44 | €32,840 | €20,286 | -€12,554 | -38.2% |
| Suppliers | 440/4 | - | €20,286 | +€20,286 | |
| Other amounts payable | 47/48 | - | €51,112 | +€51,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,871 | €3,327 | -€12,544 | -79.0% |
| Gross operating margin | 9900 | €59,119 | - | -€59,119 | |
| Operating profit (loss) | 9901 | -€21,636 | -€3,327 | +€18,309 | +84.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100.0% |
| Financial charges | 65/66B | - | €268 | +€268 | |
| Recurring financial charges | 65 | €5,024 | €268 | -€4,756 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,636 | -€3,595 | +€23,041 | +86.5% |
| Income taxes | 67/77 | €177 | - | -€177 | |
| Profit (loss) for the period | 9904 | -€26,813 | -€3,595 | +€23,218 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,813 | -€3,595 | +€23,218 | +86.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.