ASSISTS & ASSETS: 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.
ASSISTS & ASSETS
Largest movements
- Tangible fixed assets +€124,751
up €124,751 (+21.7%), from €574,508 to €699,259
of which Land and buildings: +€125,937
- Receivables after one year -€43,994
down €43,994 (-48.4%), from €90,915 to €46,922
- Receivables within one year +€34,625
up €34,625 (+404%), from €8,571 to €43,196
of which Other amounts receivable: +€39,741
- Cash +€12,247
up €12,247 (+243%), from €5,030 to €17,277
mainly Debts after one year (+€71,531) and Receivables after one year (+€43,994)
- Debts after one year +€71,531
up €71,531 (+14.9%), from €480,607 to €552,138
- Short-term financial debts +€40,712
up €40,712 (+53.3%), from €76,354 to €117,066
of which Other loans: +€41,213
- Current portion of long-term debt +€11,255
up €11,255 (+27.7%), from €40,591 to €51,846
- Financial income -€14,186
down €14,186 (-86.9%), from €16,333 to €2,147
- Taxes -€7,731
down €7,731 (-63.8%), from €12,115 to €4,384
- Gross operating margin -€6,508
down €6,508 (-8.0%), from €81,447 to €74,939
- Financial charges +€5,723
up €5,723 (+18.8%), from €30,519 to €36,243
- Depreciation +€5,613
up €5,613 (+18.4%), from €30,486 to €36,099
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 | €680,603 | €807,801 | +€127,198 | +18.7% |
| Fixed assets | 21/28 | €575,577 | €700,328 | +€124,751 | +21.7% |
| Tangible fixed assets | 22/27 | €574,508 | €699,259 | +€124,751 | +21.7% |
| Land and buildings | 22 | €530,465 | €656,402 | +€125,937 | +23.7% |
| Furniture and vehicles | 24 | €41,497 | €29,461 | -€12,036 | -29.0% |
| Other tangible fixed assets | 26 | €2,547 | €13,397 | +€10,850 | +426% |
| Financial fixed assets | 28 | €1,068 | €1,068 | = | 0.0% |
| Current assets | 29/58 | €105,026 | €107,473 | +€2,447 | +2.3% |
| Amounts receivable after more than one year | 29 | €90,915 | €46,922 | -€43,994 | -48.4% |
| Other amounts receivable | 291 | €90,915 | €46,922 | -€43,994 | -48.4% |
| Amounts receivable within one year | 40/41 | €8,571 | €43,196 | +€34,625 | +404% |
| Trade receivables | 40 | €8,014 | €2,898 | -€5,116 | -63.8% |
| Other amounts receivable | 41 | €557 | €40,298 | +€39,741 | +7,132% |
| Cash at bank and in hand | 54/58 | €5,030 | €17,277 | +€12,247 | +243% |
| Deferred charges and accrued income | 490/1 | €509 | €78 | -€431 | -84.7% |
| Total equity and liabilities | 10/49 | €680,603 | €807,801 | +€127,198 | +18.7% |
| Equity | 10/15 | €51,164 | €49,677 | -€1,487 | -2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,109 | €41,622 | -€1,487 | -3.4% |
| Provisions and deferred taxes | 16 | €14,000 | €14,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,000 | €14,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €14,000 | €14,000 | = | 0.0% |
| Amounts payable | 17/49 | €615,439 | €744,124 | +€128,686 | +20.9% |
| Amounts payable after more than one year | 17 | €480,607 | €552,138 | +€71,531 | +14.9% |
| Financial debts | 170/4 | €480,607 | €552,138 | +€71,531 | +14.9% |
| Amounts payable within one year | 42/48 | €134,832 | €191,987 | +€57,155 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | €40,591 | €51,846 | +€11,255 | +27.7% |
| Financial debts | 43 | €76,354 | €117,066 | +€40,712 | +53.3% |
| Credit institutions | 430/8 | €916 | €416 | -€501 | -54.6% |
| Other loans | 439 | €75,438 | €116,650 | +€41,213 | +54.6% |
| Trade debts | 44 | €1,621 | €628 | -€992 | -61.2% |
| Suppliers | 440/4 | €1,621 | €628 | -€992 | -61.2% |
| Taxes, remuneration and social security | 45 | €15,467 | €22,447 | +€6,980 | +45.1% |
| Taxes | 450/3 | €15,467 | €22,447 | +€6,980 | +45.1% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,486 | €36,099 | +€5,613 | +18.4% |
| Other operating charges | 640/8 | €3,395 | €1,848 | -€1,547 | -45.6% |
| Gross operating margin | 9900 | €81,447 | €74,939 | -€6,508 | -8.0% |
| Operating profit (loss) | 9901 | €47,567 | €36,992 | -€10,575 | -22.2% |
| Financial income | 75/76B | €16,333 | €2,147 | -€14,186 | -86.9% |
| Recurring financial income | 75 | €16,333 | €2,147 | -€14,186 | -86.9% |
| Financial charges | 65/66B | €30,519 | €36,243 | +€5,723 | +18.8% |
| Recurring financial charges | 65 | €30,519 | €36,243 | +€5,723 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €33,380 | €2,896 | -€30,484 | -91.3% |
| Income taxes | 67/77 | €12,115 | €4,384 | -€7,731 | -63.8% |
| Profit (loss) for the period | 9904 | €21,265 | -€1,487 | -€22,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,265 | -€1,487 | -€22,753 |
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 13 October 2026 via checked.be.