BRUSSEL'S EXPORT: 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.
BRUSSEL'S EXPORT
Largest movements
- Receivables within one year +€16,976
up €16,976 (+6.4%), from €264,415 to €281,391
of which Trade receivables: +€10,233
- Stocks and contracts -€6,740
down €6,740 (-7.2%), from €93,350 to €86,610
- Cash +€4,827
up €4,827 (+2359.7%), from €205 to €5,032
mainly Tax, wage and social debts (+€34,984) and Stocks and contracts (+€6,740)
- Tangible fixed assets -€4,461
down €4,461 (-70.7%), from €6,309 to €1,848
- Tax, wage and social debts +€34,984
up €34,984 (+52.1%), from €67,201 to €102,185
of which Remuneration and social security: +€35,669
- Profit (loss) carried forward -€29,629
down €29,629, from €20,287 to -€9,342
- Trade debts +€5,247
up €5,247 (+54.8%), from €9,566 to €14,812
- Gross operating margin -€56,203
down €56,203 (-51.5%), from €109,177 to €52,975
- Staff costs -€19,510
down €19,510 (-23.5%), from €83,015 to €63,505
- Taxes +€7,075
up €7,075 (+127.0%), from €5,572 to €12,647
- Financial charges -€5,483
down €5,483 (-96.6%), from €5,677 to €194
- Financial income -€2,018
no longer reported in 2024 (was €2,018)
of which Financial income: -€2,018
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.
Cash bridge derived
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 | €380,029 | €390,631 | +€10,602 | +2.8% |
| Fixed assets | 21/28 | €22,059 | €17,598 | -€4,461 | -20.2% |
| Tangible fixed assets | 22/27 | €6,309 | €1,848 | -€4,461 | -70.7% |
| Plant, machinery and equipment | 23 | €3,137 | €1,154 | -€1,983 | -63.2% |
| Furniture and vehicles | 24 | €800 | - | -€800 | |
| Other tangible fixed assets | 26 | €2,372 | €695 | -€1,678 | -70.7% |
| Financial fixed assets | 28 | €15,750 | €15,750 | = | 0.0% |
| Current assets | 29/58 | €357,969 | €373,033 | +€15,063 | +4.2% |
| Stocks and contracts in progress | 3 | €93,350 | €86,610 | -€6,740 | -7.2% |
| Stocks | 30/36 | €93,350 | €86,610 | -€6,740 | -7.2% |
| Amounts receivable within one year | 40/41 | €264,415 | €281,391 | +€16,976 | +6.4% |
| Trade receivables | 40 | €247,481 | €257,714 | +€10,233 | +4.1% |
| Other amounts receivable | 41 | €16,934 | €23,676 | +€6,743 | +39.8% |
| Cash at bank and in hand | 54/58 | €205 | €5,032 | +€4,827 | +2359.7% |
| Total equity and liabilities | 10/49 | €380,029 | €390,631 | +€10,602 | +2.8% |
| Equity | 10/15 | €38,992 | €9,363 | -€29,629 | -76.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106 | €106 | = | 0.0% |
| Non-distributable reserves | 130/1 | €106 | €106 | = | 0.0% |
| Reserves not available under the articles | 1311 | €106 | €106 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,287 | -€9,342 | -€29,629 | |
| Amounts payable | 17/49 | €341,037 | €381,268 | +€40,231 | +11.8% |
| Amounts payable within one year | 42/48 | €341,037 | €381,268 | +€40,231 | +11.8% |
| Trade debts | 44 | €9,566 | €14,812 | +€5,247 | +54.8% |
| Suppliers | 440/4 | €9,566 | €14,812 | +€5,247 | +54.8% |
| Advances received on contracts in progress | 46 | €264,270 | €264,270 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €67,201 | €102,185 | +€34,984 | +52.1% |
| Taxes | 450/3 | €4,233 | €3,549 | -€685 | -16.2% |
| Remuneration and social security | 454/9 | €62,967 | €98,636 | +€35,669 | +56.6% |
| Remuneration, social security and pensions | 62 | €83,015 | €63,505 | -€19,510 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,570 | €4,461 | -€1,109 | -19.9% |
| Other operating charges | 640/8 | €508 | €1,795 | +€1,287 | +253.3% |
| Gross operating margin | 9900 | €109,177 | €52,975 | -€56,203 | -51.5% |
| Operating profit (loss) | 9901 | €20,084 | -€16,787 | -€36,871 | |
| Financial income | 75/76B | €2,018 | - | -€2,018 | |
| Recurring financial income | 75 | €2,018 | - | -€2,018 | |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,677 | €194 | -€5,483 | -96.6% |
| Recurring financial charges | 65 | €5,677 | €194 | -€5,483 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €16,425 | -€16,981 | -€33,407 | |
| Income taxes | 67/77 | €5,572 | €12,647 | +€7,075 | +127.0% |
| Profit (loss) for the period | 9904 | €10,853 | -€29,629 | -€40,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,853 | -€29,629 | -€40,482 |
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 4 October 2026 via checked.be.