B44C: 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.
B44C
Largest movements
- Cash -€44,683
down €44,683 (-56.0%), from €79,791 to €35,107
mainly Contributions, distributions and other (-€70,000) and Other debts (-€43,722)
- Current investments +€15,000
new in 2024: €15,000
- Tangible fixed assets -€13,617
down €13,617 (-44.5%), from €30,629 to €17,012
of which Furniture and vehicles: -€12,505
- Deferred charges and accrued income +€3,377
up €3,377 (+355.2%), from €951 to €4,328
- Stocks and contracts +€2,065
up €2,065 (+3.2%), from €64,667 to €66,732
- Other debts -€43,722
down €43,722 (-54.5%), from €80,262 to €36,540
- Tax, wage and social debts +€2,704
up €2,704 (+14.5%), from €18,630 to €21,334
of which Taxes: +€2,704
- Depreciation -€2,415
down €2,415 (-14.1%), from €17,135 to €14,720
- Financial income +€1,259
up €1,259 (+38968.1%), from €3 to €1,262
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 | €200,733 | €161,854 | -€38,879 | -19.4% |
| Fixed assets | 21/28 | €30,629 | €17,012 | -€13,617 | -44.5% |
| Tangible fixed assets | 22/27 | €30,629 | €17,012 | -€13,617 | -44.5% |
| Land and buildings | 22 | €2,331 | €1,219 | -€1,112 | -47.7% |
| Furniture and vehicles | 24 | €28,298 | €15,793 | -€12,505 | -44.2% |
| Current assets | 29/58 | €170,104 | €144,842 | -€25,262 | -14.9% |
| Stocks and contracts in progress | 3 | €64,667 | €66,732 | +€2,065 | +3.2% |
| Stocks | 30/36 | €64,667 | €66,732 | +€2,065 | +3.2% |
| Amounts receivable within one year | 40/41 | €24,695 | €23,674 | -€1,021 | -4.1% |
| Trade receivables | 40 | €22,124 | €23,674 | +€1,551 | +7.0% |
| Other amounts receivable | 41 | €2,571 | - | -€2,571 | |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €79,791 | €35,107 | -€44,683 | -56.0% |
| Deferred charges and accrued income | 490/1 | €951 | €4,328 | +€3,377 | +355.2% |
| Total equity and liabilities | 10/49 | €200,733 | €161,854 | -€38,879 | -19.4% |
| Equity | 10/15 | €93,337 | €94,145 | +€807 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,737 | €75,545 | +€807 | +1.1% |
| Distributable reserves | 133 | €74,737 | €75,545 | +€807 | +1.1% |
| Amounts payable | 17/49 | €107,395 | €67,709 | -€39,687 | -37.0% |
| Amounts payable within one year | 42/48 | €103,276 | €62,556 | -€40,720 | -39.4% |
| Trade debts | 44 | €4,384 | €4,683 | +€298 | +6.8% |
| Suppliers | 440/4 | €4,384 | €4,683 | +€298 | +6.8% |
| Taxes, remuneration and social security | 45 | €18,630 | €21,334 | +€2,704 | +14.5% |
| Taxes | 450/3 | €15,305 | €18,009 | +€2,704 | +17.7% |
| Remuneration and social security | 454/9 | €3,325 | €3,325 | = | 0.0% |
| Other amounts payable | 47/48 | €80,262 | €36,540 | -€43,722 | -54.5% |
| Accrued charges and deferred income | 492/3 | €4,119 | €5,153 | +€1,033 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,135 | €14,720 | -€2,415 | -14.1% |
| Other operating charges | 640/8 | €1,075 | €1,262 | +€187 | +17.4% |
| Gross operating margin | 9900 | €108,283 | €108,926 | +€642 | +0.6% |
| Operating profit (loss) | 9901 | €90,073 | €92,943 | +€2,870 | +3.2% |
| Financial income | 75/76B | €3 | €1,262 | +€1,259 | +38968.1% |
| Recurring financial income | 75 | €3 | €1,262 | +€1,259 | +38968.1% |
| Financial charges | 65/66B | €4,044 | €5,068 | +€1,024 | +25.3% |
| Recurring financial charges | 65 | €4,044 | €5,068 | +€1,024 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €86,032 | €89,137 | +€3,105 | +3.6% |
| Income taxes | 67/77 | €17,782 | €18,330 | +€548 | +3.1% |
| Profit (loss) for the period | 9904 | €68,250 | €70,807 | +€2,557 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,250 | €70,807 | +€2,557 | +3.7% |
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 3 October 2026 via checked.be.