BART EECKHOUT: 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.
BART EECKHOUT
Largest movements
- Cash +€20,926
up €20,926 (+106.3%), from €19,686 to €40,612
mainly Net result for the year (+€16,158) and Depreciation (+€7,225)
- Tangible fixed assets -€7,225
down €7,225 (-46.0%), from €15,709 to €8,484
of which Furniture and vehicles: -€6,870
- Reserves +€16,158
up €16,158 (+19.9%), from €81,281 to €97,439
of which Distributable reserves: +€16,158
- Trade debts -€2,522
down €2,522 (-30.0%), from €8,397 to €5,875
- Gross operating margin +€16,371
up €16,371 (+119.1%), from €13,746 to €30,117
- Turnover +€12,390
up €12,390 (+25.2%), from €49,145 to €61,535
- Purchases and services -€9,155
down €9,155 (-22.6%), from €40,573 to €31,418
- Taxes +€3,311
up €3,311 (+120.8%), from €2,741 to €6,052
- Financial income -€2,697
no longer reported in 2024 (was €2,697)
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 | €110,970 | €124,605 | +€13,636 | +12.3% |
| Fixed assets | 21/28 | €15,709 | €8,484 | -€7,225 | -46.0% |
| Tangible fixed assets | 22/27 | €15,709 | €8,484 | -€7,225 | -46.0% |
| Plant, machinery and equipment | 23 | €355 | - | -€355 | |
| Furniture and vehicles | 24 | €15,354 | €8,484 | -€6,870 | -44.7% |
| Current assets | 29/58 | €95,261 | €116,121 | +€20,860 | +21.9% |
| Stocks and contracts in progress | 3 | €7,862 | €7,862 | = | 0.0% |
| Stocks | 30/36 | €7,862 | €7,862 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,680 | €65,614 | -€65 | -0.1% |
| Trade receivables | 40 | €3,806 | €2,949 | -€857 | -22.5% |
| Other amounts receivable | 41 | €61,874 | €62,665 | +€791 | +1.3% |
| Cash at bank and in hand | 54/58 | €19,686 | €40,612 | +€20,926 | +106.3% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,033 | = | 0.0% |
| Total equity and liabilities | 10/49 | €110,970 | €124,605 | +€13,636 | +12.3% |
| Equity | 10/15 | €99,831 | €115,989 | +€16,158 | +16.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €81,281 | €97,439 | +€16,158 | +19.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,819 | €7,819 | = | 0.0% |
| Distributable reserves | 133 | €71,607 | €87,765 | +€16,158 | +22.6% |
| Amounts payable | 17/49 | €11,138 | €8,616 | -€2,522 | -22.6% |
| Amounts payable within one year | 42/48 | €11,138 | €8,616 | -€2,522 | -22.6% |
| Trade debts | 44 | €8,397 | €5,875 | -€2,522 | -30.0% |
| Suppliers | 440/4 | €8,397 | €5,875 | -€2,522 | -30.0% |
| Taxes, remuneration and social security | 45 | €2,741 | €2,741 | = | 0.0% |
| Taxes | 450/3 | €2,741 | €2,741 | = | 0.0% |
| Turnover | 70 | €49,145 | €61,535 | +€12,390 | +25.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,573 | €31,418 | -€9,155 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,225 | €7,225 | = | 0.0% |
| Other operating charges | 640/8 | €1,179 | €682 | -€497 | -42.2% |
| Gross operating margin | 9900 | €13,746 | €30,117 | +€16,371 | +119.1% |
| Operating profit (loss) | 9901 | €5,342 | €22,210 | +€16,868 | +315.8% |
| Financial income | 75/76B | €2,697 | - | -€2,697 | |
| Recurring financial income | 75 | €2,697 | - | -€2,697 | |
| Profit (loss) for the period before taxes | 9903 | €8,039 | €22,210 | +€14,171 | +176.3% |
| Income taxes | 67/77 | €2,741 | €6,052 | +€3,311 | +120.8% |
| Profit (loss) for the period | 9904 | €5,298 | €16,158 | +€10,860 | +205.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,298 | €16,158 | +€10,860 | +205.0% |
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.