Belgian Mushroom: 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.
Belgian Mushroom
Largest movements
- Cash +€543,588
up €543,588 (+609%), from €89,191 to €632,778
mainly Investment in fixed assets (net) (+€164,376) and Net result for the year (+€162,482)
- Tangible fixed assets -€239,031
down €239,031 (-7.5%), from €3.2m to €3.0m
of which Other tangible fixed assets: -€238,011
- Receivables within one year -€56,024
down €56,024 (-13.3%), from €422,188 to €366,164
of which Trade receivables: -€44,770
- Reserves +€120,000
up €120,000 (+8.6%), from €1.4m to €1.5m
of which Distributable reserves: +€120,000
- Other debts +€68,135
up €68,135 (+3.2%), from €2.2m to €2.2m
- Profit (loss) carried forward +€42,482
up €42,482 (+60.9%), from €69,712 to €112,193
- Gross operating margin +€47,014
up €47,014 (+13.1%), from €359,461 to €406,475
- Financial charges +€16,027
up €16,027 (+22.8%), from €70,347 to €86,374
- Staff costs +€13,333
new in 2024: €13,333
- Depreciation +€8,862
up €8,862 (+13.5%), from €65,793 to €74,655
- Other operating charges +€4,654
up €4,654 (+125%), from €3,718 to €8,373
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 | €3,716,925 | €3,968,085 | +€251,160 | +6.8% |
| Fixed assets | 21/28 | €3,204,703 | €2,965,672 | -€239,031 | -7.5% |
| Tangible fixed assets | 22/27 | €3,204,703 | €2,965,672 | -€239,031 | -7.5% |
| Land and buildings | 22 | €1,099,040 | €1,058,766 | -€40,274 | -3.7% |
| Furniture and vehicles | 24 | €76,351 | €115,604 | +€39,253 | +51.4% |
| Other tangible fixed assets | 26 | €2,029,313 | €1,791,303 | -€238,011 | -11.7% |
| Current assets | 29/58 | €512,222 | €1,002,413 | +€490,191 | +95.7% |
| Amounts receivable within one year | 40/41 | €422,188 | €366,164 | -€56,024 | -13.3% |
| Trade receivables | 40 | €410,934 | €366,164 | -€44,770 | -10.9% |
| Other amounts receivable | 41 | €11,254 | - | -€11,254 | |
| Cash at bank and in hand | 54/58 | €89,191 | €632,778 | +€543,588 | +609% |
| Deferred charges and accrued income | 490/1 | €844 | €3,470 | +€2,627 | +311% |
| Total equity and liabilities | 10/49 | €3,716,925 | €3,968,085 | +€251,160 | +6.8% |
| Equity | 10/15 | €1,478,904 | €1,641,385 | +€162,482 | +11.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,390,600 | €1,510,600 | +€120,000 | +8.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,388,741 | €1,508,741 | +€120,000 | +8.6% |
| Profit (loss) carried forward | 14 | €69,712 | €112,193 | +€42,482 | +60.9% |
| Amounts payable | 17/49 | €2,238,021 | €2,326,699 | +€88,678 | +4.0% |
| Amounts payable within one year | 42/48 | €2,238,021 | €2,325,574 | +€87,553 | +3.9% |
| Trade debts | 44 | €722 | €1,332 | +€610 | +84.5% |
| Suppliers | 440/4 | €722 | €1,332 | +€610 | +84.5% |
| Taxes, remuneration and social security | 45 | €78,043 | €96,852 | +€18,808 | +24.1% |
| Taxes | 450/3 | €78,043 | €96,852 | +€18,808 | +24.1% |
| Other amounts payable | 47/48 | €2,159,256 | €2,227,391 | +€68,135 | +3.2% |
| Accrued charges and deferred income | 492/3 | - | €1,125 | +€1,125 | |
| Non-recurring operating income | 76A | - | €64,581 | +€64,581 | |
| Remuneration, social security and pensions | 62 | - | €13,333 | +€13,333 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,793 | €74,655 | +€8,862 | +13.5% |
| Other operating charges | 640/8 | €3,718 | €8,373 | +€4,654 | +125% |
| Gross operating margin | 9900 | €359,461 | €406,475 | +€47,014 | +13.1% |
| Operating profit (loss) | 9901 | €289,949 | €310,114 | +€20,165 | +7.0% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €70,347 | €86,374 | +€16,027 | +22.8% |
| Recurring financial charges | 65 | €70,347 | €86,374 | +€16,027 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €219,602 | €223,750 | +€4,148 | +1.9% |
| Income taxes | 67/77 | €63,358 | €61,269 | -€2,089 | -3.3% |
| Profit (loss) for the period | 9904 | €156,245 | €162,482 | +€6,237 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €156,245 | €162,482 | +€6,237 | +4.0% |
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 28 October 2026 via checked.be.