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ASSURLIM: 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.

What changed

ASSURLIM

BE 0473.684.751
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€28,916
2023 · €18,922-€47,838
Equity
€970,826
2023 · €999,742-€28,916
Cash
€136,576
2023 · €229,796-€93,220
Balance sheet total
€1.1m
2023 · €1.2m-€87,343

Largest movements

2023 to 2024
Assets
  • Cash -€93,220

    down €93,220 (-40.6%), from €229,796 to €136,576

    mainly Tax, wage and social debts (-€32,599) and Net result for the year (-€28,916)

  • Receivables within one year +€22,580

    up €22,580 (+9.1%), from €248,634 to €271,214

  • Tangible fixed assets -€16,703

    down €16,703 (-4.2%), from €401,007 to €384,303

Equity and liabilities
  • Tax, wage and social debts -€32,599

    down €32,599 (-68.6%), from €47,537 to €14,938

  • Reserves -€28,916

    down €28,916 (-2.9%), from €993,542 to €964,626

    of which Distributable reserves: -€28,916

  • Debts after one year -€25,828

    down €25,828 (-27.0%), from €95,830 to €70,002

Income statement
  • Gross operating margin -€48,427

    down €48,427 (-80.0%), from €60,500 to €12,074

  • Taxes +€17,996

    up €17,996 (+85.8%), from €20,977 to €38,973

  • Other operating charges -€6,910

    down €6,910 (-83.5%), from €8,272 to €1,363

  • Financial income -€4,123

    down €4,123 (-16.5%), from €25,029 to €20,906

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €18,922
Gross operating margin -€48,427
Other operating charges +€6,910
Other operating items +€15,774
Financial income -€4,123
Financial charges +€24
Taxes -€17,996
Result 2024 -€28,916

Cash bridge derived

cash 2023 to 2024

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.

From operations -€67,392
Investment €0
Financing -€25,828
Cash 2023 €229,796
Net result for the year -€28,916
Depreciation +€16,703
Receivables within one year -€22,580
Tax, wage and social debts -€32,599
Debts after one year -€25,828
Cash 2024 €136,576
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,168,937 €1,081,594 -€87,343 -7.5%
Fixed assets 21/28 €401,007 €384,303 -€16,703 -4.2%
Tangible fixed assets 22/27 €401,007 €384,303 -€16,703 -4.2%
Land and buildings 22 €401,007 €384,303 -€16,703 -4.2%
Current assets 29/58 €767,930 €697,291 -€70,640 -9.2%
Amounts receivable after more than one year 29 €289,500 €289,500 = 0.0%
Other amounts receivable 291 €289,500 €289,500 = 0.0%
Amounts receivable within one year 40/41 €248,634 €271,214 +€22,580 +9.1%
Other amounts receivable 41 €248,634 €271,214 +€22,580 +9.1%
Cash at bank and in hand 54/58 €229,796 €136,576 -€93,220 -40.6%
Total equity and liabilities 10/49 €1,168,937 €1,081,594 -€87,343 -7.5%
Equity 10/15 €999,742 €970,826 -€28,916 -2.9%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €993,542 €964,626 -€28,916 -2.9%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €991,682 €962,766 -€28,916 -2.9%
Amounts payable 17/49 €169,195 €110,768 -€58,427 -34.5%
Amounts payable after more than one year 17 €95,830 €70,002 -€25,828 -27.0%
Financial debts 170/4 €95,830 €70,002 -€25,828 -27.0%
Amounts payable within one year 42/48 €73,365 €40,766 -€32,599 -44.4%
Current portion of amounts payable after more than one year 42 €25,828 €25,828 = 0.0%
Taxes, remuneration and social security 45 €47,537 €14,938 -€32,599 -68.6%
Taxes 450/3 €47,537 €14,938 -€32,599 -68.6%
Non-recurring operating income 76A €40,000 - -€40,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,703 €16,703 = 0.0%
Other operating charges 640/8 €8,272 €1,363 -€6,910 -83.5%
Non-recurring operating charges 66A €15,774 - -€15,774
Gross operating margin 9900 €60,500 €12,074 -€48,427 -80.0%
Operating profit (loss) 9901 €19,750 -€5,992 -€25,743
Financial income 75/76B €25,029 €20,906 -€4,123 -16.5%
Recurring financial income 75 €25,029 €20,906 -€4,123 -16.5%
Financial charges 65/66B €4,880 €4,857 -€24 -0.5%
Recurring financial charges 65 €4,880 €4,857 -€24 -0.5%
Profit (loss) for the period before taxes 9903 €39,899 €10,057 -€29,842 -74.8%
Income taxes 67/77 €20,977 €38,973 +€17,996 +85.8%
Profit (loss) for the period 9904 €18,922 -€28,916 -€47,838
Profit (loss) for the period to be appropriated 9905 €18,922 -€28,916 -€47,838

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 29 September 2026 via checked.be.