AV2: 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.
AV2
Largest movements
- Financial fixed assets +€294,665
new in 2024: €294,665
- Tangible fixed assets +€48,632
new in 2024: €48,632
of which Land and buildings: +€47,439
- Cash +€21,723
up €21,723 (+352.1%), from €6,170 to €27,893
mainly Contributions, distributions and other (+€294,665) and Debts after one year (+€38,050)
- Deferred charges and accrued income -€13,826
down €13,826 (-98.8%), from €14,000 to €174
- Contributions +€294,665
up €294,665 (+14733.2%), from €2,000 to €296,665
- Debts after one year +€38,050
new in 2024: €38,050
- Reserves +€20,959
new in 2024: €20,959
- Other debts -€13,830
down €13,830 (-83.5%), from €16,573 to €2,743
- Tax, wage and social debts +€6,522
up €6,522 (+12773.0%), from €51 to €6,573
- Gross operating margin +€28,979
up €28,979 (+1884.7%), from €1,538 to €30,517
- Taxes +€6,471
up €6,471 (+12673.0%), from €51 to €6,522
- Financial charges +€714
up €714 (+6527.2%), from €11 to €725
- Depreciation +€480
up €480 (+29.2%), from €1,643 to €2,123
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 | €20,170 | €372,413 | +€352,243 | +1746.4% |
| Fixed assets | 21/28 | - | €343,296 | +€343,296 | |
| Tangible fixed assets | 22/27 | - | €48,632 | +€48,632 | |
| Land and buildings | 22 | - | €47,439 | +€47,439 | |
| Plant, machinery and equipment | 23 | - | €679 | +€679 | |
| Furniture and vehicles | 24 | - | €513 | +€513 | |
| Financial fixed assets | 28 | - | €294,665 | +€294,665 | |
| Current assets | 29/58 | €20,170 | €29,117 | +€8,947 | +44.4% |
| Current investments | 50/53 | - | €1,049 | +€1,049 | |
| Cash at bank and in hand | 54/58 | €6,170 | €27,893 | +€21,723 | +352.1% |
| Deferred charges and accrued income | 490/1 | €14,000 | €174 | -€13,826 | -98.8% |
| Total equity and liabilities | 10/49 | €20,170 | €372,413 | +€352,243 | +1746.4% |
| Equity | 10/15 | €1,833 | €317,456 | +€315,623 | +17219.0% |
| Contributions | 10/11 | €2,000 | €296,665 | +€294,665 | +14733.2% |
| Reserves | 13 | - | €20,959 | +€20,959 | |
| Distributable reserves | 133 | - | €20,959 | +€20,959 | |
| Profit (loss) carried forward | 14 | -€167 | -€167 | = | 0.0% |
| Amounts payable | 17/49 | €18,337 | €54,956 | +€36,620 | +199.7% |
| Amounts payable after more than one year | 17 | - | €38,050 | +€38,050 | |
| Financial debts | 170/4 | - | €38,050 | +€38,050 | |
| Amounts payable within one year | 42/48 | €18,337 | €16,907 | -€1,430 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,291 | +€6,291 | |
| Trade debts | 44 | €1,713 | €1,300 | -€413 | -24.1% |
| Suppliers | 440/4 | €1,713 | €1,300 | -€413 | -24.1% |
| Taxes, remuneration and social security | 45 | €51 | €6,573 | +€6,522 | +12773.0% |
| Taxes | 450/3 | €51 | €6,573 | +€6,522 | +12773.0% |
| Other amounts payable | 47/48 | €16,573 | €2,743 | -€13,830 | -83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,643 | €2,123 | +€480 | +29.2% |
| Other operating charges | 640/8 | - | €191 | +€191 | |
| Gross operating margin | 9900 | €1,538 | €30,517 | +€28,979 | +1884.7% |
| Operating profit (loss) | 9901 | -€105 | €28,203 | +€28,308 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €11 | €725 | +€714 | +6527.2% |
| Recurring financial charges | 65 | €11 | €725 | +€714 | +6527.2% |
| Profit (loss) for the period before taxes | 9903 | -€116 | €27,481 | +€27,597 | |
| Income taxes | 67/77 | €51 | €6,522 | +€6,471 | +12673.0% |
| Profit (loss) for the period | 9904 | -€167 | €20,959 | +€21,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€167 | €20,959 | +€21,126 |
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.