BE SUCCESS: 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.
BE SUCCESS
Largest movements
- Tangible fixed assets +€82,891
up €82,891 (+12.2%), from €677,188 to €760,079
of which Land and buildings: +€58,584
- Receivables within one year +€75,097
up €75,097 (+420%), from €17,897 to €92,994
of which Trade receivables: +€90,861
- Current investments -€50,491
down €50,491 (-69.2%), from €73,000 to €22,509
- Other debts +€106,781
up €106,781 (+80.5%), from €132,650 to €239,431
- Debts after one year +€43,159
up €43,159 (+9.2%), from €466,811 to €509,970
- Profit (loss) carried forward -€39,159
down €39,159 (-1,007%), from -€3,890 to -€43,049
- Tax, wage and social debts -€13,964
down €13,964 (-22.9%), from €60,993 to €47,029
of which Taxes: -€22,132
- Current portion of long-term debt +€11,927
up €11,927 (+56.6%), from €21,076 to €33,003
- Financial charges +€31,822
up €31,822 (+598%), from €5,319 to €37,141
- Gross operating margin -€9,221
down €9,221 (-11.5%), from €80,137 to €70,915
- Taxes -€1,770
down €1,770 (-100%), from €1,770 to €0
- Other operating charges -€1,653
down €1,653 (-30.0%), from €5,510 to €3,858
- Depreciation +€1,222
up €1,222 (+2.9%), from €42,061 to €43,284
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 | €782,680 | €884,332 | +€101,652 | +13.0% |
| Fixed assets | 21/28 | €678,808 | €763,543 | +€84,735 | +12.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €677,188 | €760,079 | +€82,891 | +12.2% |
| Land and buildings | 22 | €666,749 | €725,332 | +€58,584 | +8.8% |
| Plant, machinery and equipment | 23 | €682 | €903 | +€221 | +32.4% |
| Furniture and vehicles | 24 | €9,757 | €7,006 | -€2,752 | -28.2% |
| Other tangible fixed assets | 26 | - | €26,838 | +€26,838 | |
| Financial fixed assets | 28 | €1,620 | €3,464 | +€1,844 | +114% |
| Current assets | 29/58 | €103,872 | €120,789 | +€16,917 | +16.3% |
| Amounts receivable within one year | 40/41 | €17,897 | €92,994 | +€75,097 | +420% |
| Trade receivables | 40 | €2,133 | €92,994 | +€90,861 | +4,259% |
| Other amounts receivable | 41 | €15,764 | €0 | -€15,764 | -100% |
| Current investments | 50/53 | €73,000 | €22,509 | -€50,491 | -69.2% |
| Cash at bank and in hand | 54/58 | €8,539 | €3,575 | -€4,965 | -58.1% |
| Deferred charges and accrued income | 490/1 | €4,435 | €1,711 | -€2,724 | -61.4% |
| Total equity and liabilities | 10/49 | €782,680 | €884,332 | +€101,652 | +13.0% |
| Equity | 10/15 | €4,110 | -€35,049 | -€39,159 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,890 | -€43,049 | -€39,159 | -1,007% |
| Amounts payable | 17/49 | €778,570 | €919,381 | +€140,811 | +18.1% |
| Amounts payable after more than one year | 17 | €466,811 | €509,970 | +€43,159 | +9.2% |
| Financial debts | 170/4 | €466,811 | €509,970 | +€43,159 | +9.2% |
| Amounts payable within one year | 42/48 | €311,059 | €406,778 | +€95,719 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €21,076 | €33,003 | +€11,927 | +56.6% |
| Trade debts | 44 | €96,340 | €87,315 | -€9,025 | -9.4% |
| Suppliers | 440/4 | €96,340 | €87,315 | -€9,025 | -9.4% |
| Taxes, remuneration and social security | 45 | €60,993 | €47,029 | -€13,964 | -22.9% |
| Taxes | 450/3 | €59,553 | €37,421 | -€22,132 | -37.2% |
| Remuneration and social security | 454/9 | €1,440 | €9,608 | +€8,168 | +567% |
| Other amounts payable | 47/48 | €132,650 | €239,431 | +€106,781 | +80.5% |
| Accrued charges and deferred income | 492/3 | €700 | €2,633 | +€1,933 | +276% |
| Non-recurring operating income | 76A | - | €25,282 | +€25,282 | |
| Remuneration, social security and pensions | 62 | €25,939 | €25,970 | +€31 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,061 | €43,284 | +€1,222 | +2.9% |
| Other operating charges | 640/8 | €5,510 | €3,858 | -€1,653 | -30.0% |
| Gross operating margin | 9900 | €80,137 | €70,915 | -€9,221 | -11.5% |
| Operating profit (loss) | 9901 | €6,627 | -€2,195 | -€8,822 | |
| Financial income | 75/76B | €8 | €178 | +€170 | +2,055% |
| Recurring financial income | 75 | €8 | €178 | +€170 | +2,055% |
| Financial charges | 65/66B | €5,319 | €37,141 | +€31,822 | +598% |
| Recurring financial charges | 65 | €5,319 | €37,141 | +€31,822 | +598% |
| Profit (loss) for the period before taxes | 9903 | €1,316 | -€39,159 | -€40,475 | |
| Income taxes | 67/77 | €1,770 | €0 | -€1,770 | -100% |
| Profit (loss) for the period | 9904 | -€454 | -€39,159 | -€38,705 | -8,528% |
| Profit (loss) for the period to be appropriated | 9905 | -€454 | -€39,159 | -€38,705 | -8,528% |
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 23 October 2026 via checked.be.