BELGIUM ID: 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.
BELGIUM ID
Largest movements
- Tangible fixed assets -€42,222
down €42,222 (-5.0%), from €850,447 to €808,225
of which Land and buildings: -€41,945
- Reserves -€35,000
down €35,000 (-72.4%), from €48,366 to €13,366
of which Distributable reserves: -€35,000
- Other debts +€11,334
up €11,334 (+2.7%), from €420,566 to €431,900
- Trade debts -€11,319
down €11,319 (-42.5%), from €26,604 to €15,285
- Debts after one year -€10,500
down €10,500 (-4.0%), from €260,500 to €250,000
- Gross operating margin -€4,811
down €4,811 (-15.9%), from €30,243 to €25,433
- Financial charges -€2,493
down €2,493 (-18.7%), from €13,350 to €10,856
- Other operating charges +€477
up €477 (+11.4%), from €4,183 to €4,661
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 | €984,484 | €932,138 | -€52,346 | -5.3% |
| Fixed assets | 21/28 | €850,447 | €808,225 | -€42,222 | -5.0% |
| Tangible fixed assets | 22/27 | €850,447 | €808,225 | -€42,222 | -5.0% |
| Land and buildings | 22 | €848,811 | €806,866 | -€41,945 | -4.9% |
| Furniture and vehicles | 24 | €1,636 | €1,359 | -€277 | -16.9% |
| Current assets | 29/58 | €134,037 | €123,913 | -€10,124 | -7.6% |
| Amounts receivable within one year | 40/41 | €18,413 | €14,904 | -€3,508 | -19.1% |
| Trade receivables | 40 | €15,200 | €14,535 | -€665 | -4.4% |
| Other amounts receivable | 41 | €3,213 | €369 | -€2,844 | -88.5% |
| Current investments | 50/53 | €108,089 | €108,089 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,305 | €2 | -€1,302 | -99.8% |
| Deferred charges and accrued income | 490/1 | €6,230 | €918 | -€5,313 | -85.3% |
| Total equity and liabilities | 10/49 | €984,484 | €932,138 | -€52,346 | -5.3% |
| Equity | 10/15 | €110,563 | €72,204 | -€38,360 | -34.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €48,366 | €13,366 | -€35,000 | -72.4% |
| Non-distributable reserves | 130/1 | €8,366 | €8,366 | = | 0.0% |
| Legal reserve | 130 | €8,366 | €8,366 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €5,000 | -€35,000 | -87.5% |
| Profit (loss) carried forward | 14 | €224 | -€3,136 | -€3,360 | |
| Amounts payable | 17/49 | €873,921 | €859,935 | -€13,986 | -1.6% |
| Amounts payable after more than one year | 17 | €260,500 | €250,000 | -€10,500 | -4.0% |
| Other amounts payable | 178/9 | €260,500 | €250,000 | -€10,500 | -4.0% |
| Amounts payable within one year | 42/48 | €600,921 | €597,435 | -€3,486 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €3,750 | €250 | -€3,500 | -93.3% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €26,604 | €15,285 | -€11,319 | -42.5% |
| Suppliers | 440/4 | €26,604 | €15,285 | -€11,319 | -42.5% |
| Other amounts payable | 47/48 | €420,566 | €431,900 | +€11,334 | +2.7% |
| Accrued charges and deferred income | 492/3 | €12,500 | €12,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,222 | €42,222 | +€0 | 0.0% |
| Other operating charges | 640/8 | €4,183 | €4,661 | +€477 | +11.4% |
| Non-recurring operating charges | 66A | €27,839 | €6,054 | -€21,785 | -78.3% |
| Gross operating margin | 9900 | €30,243 | €25,433 | -€4,811 | -15.9% |
| Operating profit (loss) | 9901 | -€44,001 | -€27,503 | +€16,497 | +37.5% |
| Financial charges | 65/66B | €13,350 | €10,856 | -€2,493 | -18.7% |
| Recurring financial charges | 65 | €13,350 | €10,856 | -€2,493 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | -€57,351 | -€38,360 | +€18,991 | +33.1% |
| Profit (loss) for the period | 9904 | -€57,351 | -€38,360 | +€18,991 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,351 | -€38,360 | +€18,991 | +33.1% |
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 27 October 2026 via checked.be.