BRICKS ON HEELS: 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.
BRICKS ON HEELS
Largest movements
- Cash -€185,326
down €185,326 (-56.8%), from €326,552 to €141,225
mainly Receivables within one year (-€72,227) and Trade debts (-€45,203)
- Receivables within one year +€72,227
up €72,227 (+1,565%), from €4,615 to €76,842
of which Other amounts receivable: +€60,127
- Tangible fixed assets -€18,808
down €18,808 (-5.2%), from €362,590 to €343,781
of which Furniture and vehicles: -€11,384
- Current investments +€14,049
up €14,049 (+121%), from €11,595 to €25,644
- Trade debts -€45,203
down €45,203 (-81.5%), from €55,441 to €10,238
- Debts after one year -€37,500
down €37,500 (-7.9%), from €476,500 to €439,000
- Other debts -€19,126
down €19,126 (-76.5%), from €25,015 to €5,889
- Tax, wage and social debts -€14,698
down €14,698 (-63.6%), from €23,122 to €8,424
- Gross operating margin -€57,762
down €57,762 (-60.9%), from €94,811 to €37,049
- Financial charges -€10,030
down €10,030 (-68.5%), from €14,649 to €4,619
- Taxes -€6,159
down €6,159 (-54.5%), from €11,300 to €5,142
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 | €705,351 | €589,846 | -€115,505 | -16.4% |
| Fixed assets | 21/28 | €362,590 | €343,781 | -€18,808 | -5.2% |
| Tangible fixed assets | 22/27 | €362,590 | €343,781 | -€18,808 | -5.2% |
| Land and buildings | 22 | €334,533 | €327,109 | -€7,424 | -2.2% |
| Furniture and vehicles | 24 | €28,057 | €16,673 | -€11,384 | -40.6% |
| Current assets | 29/58 | €342,761 | €246,065 | -€96,697 | -28.2% |
| Amounts receivable within one year | 40/41 | €4,615 | €76,842 | +€72,227 | +1,565% |
| Trade receivables | 40 | €4,615 | €16,715 | +€12,100 | +262% |
| Other amounts receivable | 41 | - | €60,127 | +€60,127 | |
| Current investments | 50/53 | €11,595 | €25,644 | +€14,049 | +121% |
| Cash at bank and in hand | 54/58 | €326,552 | €141,225 | -€185,326 | -56.8% |
| Deferred charges and accrued income | 490/1 | - | €2,354 | +€2,354 | |
| Total equity and liabilities | 10/49 | €705,351 | €589,846 | -€115,505 | -16.4% |
| Equity | 10/15 | €121,883 | €126,295 | +€4,412 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,283 | €107,695 | +€4,412 | +4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €101,423 | €105,835 | +€4,412 | +4.4% |
| Amounts payable | 17/49 | €583,468 | €463,551 | -€119,917 | -20.6% |
| Amounts payable after more than one year | 17 | €476,500 | €439,000 | -€37,500 | -7.9% |
| Other amounts payable | 178/9 | €476,500 | €439,000 | -€37,500 | -7.9% |
| Amounts payable within one year | 42/48 | €106,968 | €24,551 | -€82,417 | -77.0% |
| Current portion of amounts payable after more than one year | 42 | €3,390 | - | -€3,390 | |
| Trade debts | 44 | €55,441 | €10,238 | -€45,203 | -81.5% |
| Suppliers | 440/4 | €55,441 | €10,238 | -€45,203 | -81.5% |
| Taxes, remuneration and social security | 45 | €23,122 | €8,424 | -€14,698 | -63.6% |
| Taxes | 450/3 | €23,122 | €8,424 | -€14,698 | -63.6% |
| Other amounts payable | 47/48 | €25,015 | €5,889 | -€19,126 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,808 | €18,808 | = | 0.0% |
| Other operating charges | 640/8 | €4,678 | €4,068 | -€610 | -13.0% |
| Gross operating margin | 9900 | €94,811 | €37,049 | -€57,762 | -60.9% |
| Operating profit (loss) | 9901 | €71,325 | €14,173 | -€57,152 | -80.1% |
| Financial charges | 65/66B | €14,649 | €4,619 | -€10,030 | -68.5% |
| Recurring financial charges | 65 | €14,649 | €4,619 | -€10,030 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | €56,676 | €9,554 | -€47,122 | -83.1% |
| Income taxes | 67/77 | €11,300 | €5,142 | -€6,159 | -54.5% |
| Profit (loss) for the period | 9904 | €45,376 | €4,412 | -€40,963 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,376 | €4,412 | -€40,963 | -90.3% |
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 13 October 2026 via checked.be.