BFR 7520: 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.
BFR 7520
Largest movements
- Tangible fixed assets -€8,368
down €8,368 (-4.6%), from €182,489 to €174,121
of which Land and buildings: -€8,075
- Cash -€2,444
down €2,444 (-49.7%), from €4,922 to €2,478
mainly Debts after one year (-€14,136)
- Debts after one year -€14,136
down €14,136 (-7.4%), from €192,080 to €177,945
of which Financial debts: -€14,136
- Profit (loss) carried forward +€2,912
up €2,912 (+12.1%), from -€24,061 to -€21,149
- Gross operating margin -€8,992
down €8,992 (-33.5%), from €26,879 to €17,887
- Financial charges -€2,157
down €2,157 (-31.7%), from €6,798 to €4,642
- Depreciation -€2,071
down €2,071 (-19.8%), from €10,439 to €8,368
- Other operating charges -€783
down €783 (-28.5%), from €2,748 to €1,965
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 | €187,411 | €176,599 | -€10,812 | -5.8% |
| Fixed assets | 21/28 | €182,489 | €174,121 | -€8,368 | -4.6% |
| Tangible fixed assets | 22/27 | €182,489 | €174,121 | -€8,368 | -4.6% |
| Land and buildings | 22 | €179,890 | €171,815 | -€8,075 | -4.5% |
| Plant, machinery and equipment | 23 | €2,599 | €2,306 | -€293 | -11.3% |
| Current assets | 29/58 | €4,922 | €2,478 | -€2,444 | -49.7% |
| Cash at bank and in hand | 54/58 | €4,922 | €2,478 | -€2,444 | -49.7% |
| Total equity and liabilities | 10/49 | €187,411 | €176,599 | -€10,812 | -5.8% |
| Equity | 10/15 | -€21,061 | -€18,149 | +€2,912 | +13.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Share premium | 1100/10 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,061 | -€21,149 | +€2,912 | +12.1% |
| Amounts payable | 17/49 | €208,472 | €194,748 | -€13,724 | -6.6% |
| Amounts payable after more than one year | 17 | €192,080 | €177,945 | -€14,136 | -7.4% |
| Financial debts | 170/4 | €122,770 | €108,634 | -€14,136 | -11.5% |
| Other amounts payable | 178/9 | €69,311 | €69,311 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,392 | €16,804 | +€412 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €13,724 | €14,136 | +€412 | +3.0% |
| Other amounts payable | 47/48 | €2,668 | €2,668 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,439 | €8,368 | -€2,071 | -19.8% |
| Other operating charges | 640/8 | €2,748 | €1,965 | -€783 | -28.5% |
| Non-recurring operating charges | 66A | €30,954 | - | -€30,954 | |
| Gross operating margin | 9900 | €26,879 | €17,887 | -€8,992 | -33.5% |
| Operating profit (loss) | 9901 | -€17,263 | €7,554 | +€24,817 | |
| Financial charges | 65/66B | €6,798 | €4,642 | -€2,157 | -31.7% |
| Recurring financial charges | 65 | €6,798 | €4,642 | -€2,157 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,061 | €2,912 | +€26,973 | |
| Profit (loss) for the period | 9904 | -€24,061 | €2,912 | +€26,973 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,061 | €2,912 | +€26,973 |
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 16 October 2026 via checked.be.