APPARTEMENT20: 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.
APPARTEMENT20
Largest movements
- Receivables within one year +€50,819
up €50,819 (+3,295%), from €1,542 to €52,361
of which Trade receivables: +€45,750
- Tangible fixed assets -€1,535
down €1,535 (-64.2%), from €2,392 to €857
- Profit (loss) carried forward +€30,673
up €30,673 (+40.2%), from -€76,334 to -€45,661
- Other debts +€12,261
up €12,261 (+21.3%), from €57,589 to €69,851
- Trade debts +€6,573
up €6,573 (+30.7%), from €21,421 to €27,995
- Gross operating margin +€40,499
up €40,499, from -€7,240 to €33,259
- Other operating charges -€20,984
down €20,984 (-98.2%), from €21,371 to €387
- Financial charges -€19,357
down €19,357 (-96.7%), from €20,020 to €663
- Depreciation -€887
down €887 (-36.6%), from €2,423 to €1,535
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.
Derived cash bridge
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 | €22,792 | €72,115 | +€49,322 | +216% |
| Fixed assets | 21/28 | €20,992 | €19,457 | -€1,535 | -7.3% |
| Tangible fixed assets | 22/27 | €2,392 | €857 | -€1,535 | -64.2% |
| Furniture and vehicles | 24 | €2,392 | €857 | -€1,535 | -64.2% |
| Financial fixed assets | 28 | €18,600 | €18,600 | = | 0.0% |
| Current assets | 29/58 | €1,800 | €52,658 | +€50,858 | +2,825% |
| Amounts receivable within one year | 40/41 | €1,542 | €52,361 | +€50,819 | +3,295% |
| Trade receivables | 40 | - | €45,750 | +€45,750 | |
| Other amounts receivable | 41 | €1,542 | €6,611 | +€5,069 | +329% |
| Cash at bank and in hand | 54/58 | €258 | €207 | -€51 | -19.8% |
| Deferred charges and accrued income | 490/1 | - | €90 | +€90 | |
| Total equity and liabilities | 10/49 | €22,792 | €72,115 | +€49,322 | +216% |
| Equity | 10/15 | -€57,734 | -€27,061 | +€30,673 | +53.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,334 | -€45,661 | +€30,673 | +40.2% |
| Amounts payable | 17/49 | €80,526 | €99,175 | +€18,649 | +23.2% |
| Amounts payable within one year | 42/48 | €79,011 | €97,845 | +€18,835 | +23.8% |
| Trade debts | 44 | €21,421 | €27,995 | +€6,573 | +30.7% |
| Suppliers | 440/4 | €21,421 | €27,995 | +€6,573 | +30.7% |
| Other amounts payable | 47/48 | €57,589 | €69,851 | +€12,261 | +21.3% |
| Accrued charges and deferred income | 492/3 | €1,515 | €1,330 | -€185 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,423 | €1,535 | -€887 | -36.6% |
| Other operating charges | 640/8 | €21,371 | €387 | -€20,984 | -98.2% |
| Gross operating margin | 9900 | -€7,240 | €33,259 | +€40,499 | |
| Operating profit (loss) | 9901 | -€31,034 | €31,336 | +€62,370 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €20,020 | €663 | -€19,357 | -96.7% |
| Recurring financial charges | 65 | €20,020 | €663 | -€19,357 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,054 | €30,673 | +€81,727 | |
| Profit (loss) for the period | 9904 | -€51,054 | €30,673 | +€81,727 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,054 | €30,673 | +€81,727 |
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 16 October 2026 via checked.be.