ANTIDOTES: 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.
ANTIDOTES
Largest movements
- Cash -€68,408
down €68,408 (-70.3%), from €97,272 to €28,864
mainly Receivables after one year (-€49,000) and Stocks and contracts (-€29,300)
- Receivables after one year +€49,000
new in 2024: €49,000
- Stocks and contracts +€29,300
up €29,300 (+25.8%), from €113,715 to €143,015
- Tangible fixed assets -€26,239
down €26,239 (-21.8%), from €120,179 to €93,939
of which Land and buildings: -€13,790
- Receivables within one year +€14,252
up €14,252 (+410.9%), from €3,468 to €17,720
of which Other amounts receivable: +€14,252
- Debts after one year -€15,190
down €15,190 (-15.3%), from €99,089 to €83,899
- Tax, wage and social debts -€14,572
down €14,572 (-33.9%), from €43,019 to €28,447
- Reserves +€13,714
up €13,714 (+9.1%), from €151,329 to €165,042
- Current portion of long-term debt +€8,323
up €8,323 (+56.0%), from €14,867 to €23,190
- Trade debts +€5,986
up €5,986 (+325.0%), from €1,842 to €7,828
- Gross operating margin -€66,161
down €66,161 (-55.9%), from €118,432 to €52,270
- Taxes -€22,331
down €22,331 (-79.4%), from €28,139 to €5,808
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 | €337,283 | €333,443 | -€3,841 | -1.1% |
| Fixed assets | 21/28 | €120,189 | €93,939 | -€26,249 | -21.8% |
| Intangible fixed assets | 21 | €10 | - | -€10 | |
| Tangible fixed assets | 22/27 | €120,179 | €93,939 | -€26,239 | -21.8% |
| Land and buildings | 22 | €82,738 | €68,948 | -€13,790 | -16.7% |
| Plant, machinery and equipment | 23 | €4,154 | €2,879 | -€1,275 | -30.7% |
| Furniture and vehicles | 24 | €19,876 | €10,937 | -€8,940 | -45.0% |
| Other tangible fixed assets | 26 | €13,411 | €11,176 | -€2,235 | -16.7% |
| Current assets | 29/58 | €217,095 | €239,503 | +€22,409 | +10.3% |
| Amounts receivable after more than one year | 29 | - | €49,000 | +€49,000 | |
| Other amounts receivable | 291 | - | €49,000 | +€49,000 | |
| Stocks and contracts in progress | 3 | €113,715 | €143,015 | +€29,300 | +25.8% |
| Stocks | 30/36 | €113,715 | €143,015 | +€29,300 | +25.8% |
| Amounts receivable within one year | 40/41 | €3,468 | €17,720 | +€14,252 | +410.9% |
| Trade receivables | 40 | €702 | €702 | = | 0.0% |
| Other amounts receivable | 41 | €2,767 | €17,018 | +€14,252 | +515.1% |
| Cash at bank and in hand | 54/58 | €97,272 | €28,864 | -€68,408 | -70.3% |
| Deferred charges and accrued income | 490/1 | €2,640 | €904 | -€1,736 | -65.8% |
| Total equity and liabilities | 10/49 | €337,283 | €333,443 | -€3,841 | -1.1% |
| Equity | 10/15 | €174,929 | €188,642 | +€13,714 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,329 | €165,042 | +€13,714 | +9.1% |
| Distributable reserves | 133 | €151,329 | €165,042 | +€13,714 | +9.1% |
| Profit (loss) carried forward | 14 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €162,355 | €144,800 | -€17,555 | -10.8% |
| Amounts payable after more than one year | 17 | €99,089 | €83,899 | -€15,190 | -15.3% |
| Financial debts | 170/4 | €99,089 | €83,899 | -€15,190 | -15.3% |
| Amounts payable within one year | 42/48 | €61,828 | €59,465 | -€2,363 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €14,867 | €23,190 | +€8,323 | +56.0% |
| Trade debts | 44 | €1,842 | €7,828 | +€5,986 | +325.0% |
| Suppliers | 440/4 | €1,842 | €7,828 | +€5,986 | +325.0% |
| Taxes, remuneration and social security | 45 | €43,019 | €28,447 | -€14,572 | -33.9% |
| Taxes | 450/3 | €43,019 | €28,447 | -€14,572 | -33.9% |
| Other amounts payable | 47/48 | €2,100 | - | -€2,100 | |
| Accrued charges and deferred income | 492/3 | €1,438 | €1,437 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,275 | €27,440 | -€834 | -3.0% |
| Other operating charges | 640/8 | €3,084 | €2,963 | -€120 | -3.9% |
| Gross operating margin | 9900 | €118,432 | €52,270 | -€66,161 | -55.9% |
| Operating profit (loss) | 9901 | €87,074 | €21,867 | -€65,207 | -74.9% |
| Financial income | 75/76B | €0 | €384 | +€384 | +1918950.0% |
| Recurring financial income | 75 | €0 | €384 | +€384 | +1918950.0% |
| Financial charges | 65/66B | €2,946 | €2,729 | -€217 | -7.4% |
| Recurring financial charges | 65 | €2,946 | €2,729 | -€217 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €84,128 | €19,521 | -€64,606 | -76.8% |
| Income taxes | 67/77 | €28,139 | €5,808 | -€22,331 | -79.4% |
| Profit (loss) for the period | 9904 | €55,989 | €13,714 | -€42,276 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,989 | €13,714 | -€42,276 | -75.5% |
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 5 October 2026 via checked.be.