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BLOOPERS: 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.

What changed

BLOOPERS

BE 0468.465.458
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€156,204
2023 · -€65,656+€221,860
Equity
€106,014
2023 · -€50,190+€156,204
Cash
€142,945
2023 · €0+€142,945
Balance sheet total
€450,915
2023 · €333,493+€117,422

Largest movements

2023 to 2024
Assets
  • Cash +€142,945

    up €142,945, from €0 to €142,945

    mainly Other debts (+€210,915) and Net result for the year (+€156,204)

  • Tangible fixed assets -€25,523

    down €25,523 (-10.2%), from €250,244 to €224,721

    of which Land and buildings: -€24,800

Equity and liabilities
  • Short-term financial debts -€257,488

    down €257,488 (-99.4%), from €258,988 to €1,500

    of which Credit institutions: -€257,488

  • Other debts +€210,915

    up €210,915 (+197.2%), from €106,942 to €317,858

  • Profit (loss) carried forward +€157,976

    up €157,976, from -€92,350 to €65,626

  • Tax, wage and social debts +€12,687

    new in 2024: €12,687

Income statement
  • Gross operating margin +€215,823

    up €215,823, from -€7,080 to €208,743

  • Financial charges -€19,050

    down €19,050 (-59.7%), from €31,907 to €12,858

  • Taxes +€12,687

    new in 2024: €12,687

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€65,656
Gross operating margin +€215,823
Other operating charges -€326
Financial charges +€19,050
Taxes -€12,687
Result 2024 €156,204

Cash bridge derived

cash 2023 to 2024

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.

From operations +€397,133
Investment +€3,300
Financing -€257,488
Cash 2023 €0
Net result for the year +€156,204
Depreciation +€22,223
Provisions -€591
Trade debts -€4,307
Tax, wage and social debts +€12,687
Other debts +€210,915
Investment in fixed assets (net) +€3,300
Short-term financial debts -€257,488
Cash 2024 €142,945
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €333,493 €450,915 +€117,422 +35.2%
Fixed assets 21/28 €250,244 €224,721 -€25,523 -10.2%
Tangible fixed assets 22/27 €250,244 €224,721 -€25,523 -10.2%
Land and buildings 22 €249,494 €224,694 -€24,800 -9.9%
Plant, machinery and equipment 23 €750 €28 -€722 -96.3%
Current assets 29/58 €83,249 €226,194 +€142,945 +171.7%
Amounts receivable within one year 40/41 €83,249 €83,249 = 0.0%
Other amounts receivable 41 €83,249 €83,249 = 0.0%
Cash at bank and in hand 54/58 €0 €142,945 +€142,945
Total equity and liabilities 10/49 €333,493 €450,915 +€117,422 +35.2%
Equity 10/15 -€50,190 €106,014 +€156,204
Contributions 10/11 €19,000 €19,000 = 0.0%
Reserves 13 €23,160 €21,388 -€1,772 -7.6%
Non-distributable reserves 130/1 €1,900 €1,900 = 0.0%
Reserves not available under the articles 1311 €1,900 €1,900 = 0.0%
Tax-exempt reserves 132 €21,260 €19,488 -€1,772 -8.3%
Profit (loss) carried forward 14 -€92,350 €65,626 +€157,976
Provisions and deferred taxes 16 €7,087 €6,496 -€591 -8.3%
Deferred taxes 168 €7,087 €6,496 -€591 -8.3%
Amounts payable 17/49 €376,597 €338,405 -€38,192 -10.1%
Amounts payable within one year 42/48 €376,597 €338,405 -€38,192 -10.1%
Financial debts 43 €258,988 €1,500 -€257,488 -99.4%
Credit institutions 430/8 €257,488 €0 -€257,488 -100.0%
Other loans 439 €1,500 €1,500 = 0.0%
Trade debts 44 €10,666 €6,360 -€4,307 -40.4%
Suppliers 440/4 €10,666 €6,360 -€4,307 -40.4%
Taxes, remuneration and social security 45 - €12,687 +€12,687
Taxes 450/3 - €12,687 +€12,687
Other amounts payable 47/48 €106,942 €317,858 +€210,915 +197.2%
Non-recurring operating income 76A - €216,700 +€216,700
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,223 €22,223 = 0.0%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 €0 - =
Other operating charges 640/8 €5,036 €5,362 +€326 +6.5%
Gross operating margin 9900 -€7,080 €208,743 +€215,823
Operating profit (loss) 9901 -€34,339 €181,159 +€215,497
Financial charges 65/66B €31,907 €12,858 -€19,050 -59.7%
Recurring financial charges 65 €31,907 €12,858 -€19,050 -59.7%
Profit (loss) for the period before taxes 9903 -€66,246 €168,301 +€234,547
Transfer from deferred taxes 780 €591 €591 = 0.0%
Income taxes 67/77 - €12,687 +€12,687
Profit (loss) for the period 9904 -€65,656 €156,204 +€221,860
Transfer from tax-exempt reserves 789 €1,772 €1,772 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€63,884 €157,976 +€221,860

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 28 September 2026 via checked.be.