BRUSSELS LANGUAGE SERVICES: 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.
BRUSSELS LANGUAGE SERVICES
Largest movements
- Deferred charges and accrued income +€38,058
up €38,058 (+153.4%), from €24,807 to €62,866
- Tangible fixed assets -€25,340
down €25,340 (-9.1%), from €277,318 to €251,978
of which Land and buildings: -€22,029
- Receivables within one year -€10,304
down €10,304 (-21.2%), from €48,598 to €38,294
of which Trade receivables: -€10,333
- Debts after one year -€68,978
down €68,978 (-18.8%), from €366,676 to €297,698
- Reserves +€45,264
up €45,264 (+47.1%), from €96,085 to €141,349
- Trade debts +€24,910
up €24,910 (+43.4%), from €57,396 to €82,306
- Financial income +€39,184
up €39,184 (+195.9%), from €20,000 to €59,184
- Staff costs -€5,946
down €5,946 (-5.1%), from €116,463 to €110,517
- Gross operating margin -€4,446
down €4,446 (-2.9%), from €155,686 to €151,240
- Taxes +€3,713
up €3,713 (+373.2%), from €995 to €4,708
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 | €816,659 | €819,158 | +€2,499 | +0.3% |
| Fixed assets | 21/28 | €738,557 | €705,817 | -€32,740 | -4.4% |
| Intangible fixed assets | 21 | €181,128 | €173,728 | -€7,400 | -4.1% |
| Tangible fixed assets | 22/27 | €277,318 | €251,978 | -€25,340 | -9.1% |
| Land and buildings | 22 | €268,779 | €246,750 | -€22,029 | -8.2% |
| Plant, machinery and equipment | 23 | €3,391 | €2,735 | -€656 | -19.3% |
| Furniture and vehicles | 24 | €3,518 | €1,050 | -€2,468 | -70.2% |
| Other tangible fixed assets | 26 | €1,630 | €1,443 | -€186 | -11.4% |
| Financial fixed assets | 28 | €280,112 | €280,112 | = | 0.0% |
| Current assets | 29/58 | €78,102 | €113,341 | +€35,239 | +45.1% |
| Amounts receivable within one year | 40/41 | €48,598 | €38,294 | -€10,304 | -21.2% |
| Trade receivables | 40 | €44,779 | €34,446 | -€10,333 | -23.1% |
| Other amounts receivable | 41 | €3,819 | €3,848 | +€29 | +0.8% |
| Cash at bank and in hand | 54/58 | €4,697 | €12,182 | +€7,485 | +159.4% |
| Deferred charges and accrued income | 490/1 | €24,807 | €62,866 | +€38,058 | +153.4% |
| Total equity and liabilities | 10/49 | €816,659 | €819,158 | +€2,499 | +0.3% |
| Equity | 10/15 | €168,904 | €214,168 | +€45,264 | +26.8% |
| Contributions | 10/11 | €72,819 | €72,819 | = | 0.0% |
| Reserves | 13 | €96,085 | €141,349 | +€45,264 | +47.1% |
| Distributable reserves | 133 | €96,085 | €141,349 | +€45,264 | +47.1% |
| Amounts payable | 17/49 | €647,756 | €604,990 | -€42,765 | -6.6% |
| Amounts payable after more than one year | 17 | €366,676 | €297,698 | -€68,978 | -18.8% |
| Financial debts | 170/4 | €366,676 | €297,698 | -€68,978 | -18.8% |
| Amounts payable within one year | 42/48 | €273,286 | €299,508 | +€26,221 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €67,543 | €68,978 | +€1,435 | +2.1% |
| Financial debts | 43 | €499 | - | -€499 | |
| Credit institutions | 430/8 | €499 | - | -€499 | |
| Trade debts | 44 | €57,396 | €82,306 | +€24,910 | +43.4% |
| Suppliers | 440/4 | €57,396 | €82,306 | +€24,910 | +43.4% |
| Taxes, remuneration and social security | 45 | €29,618 | €35,356 | +€5,739 | +19.4% |
| Taxes | 450/3 | €5,650 | €16,092 | +€10,442 | +184.8% |
| Remuneration and social security | 454/9 | €23,968 | €19,264 | -€4,704 | -19.6% |
| Other amounts payable | 47/48 | €118,230 | €112,867 | -€5,364 | -4.5% |
| Accrued charges and deferred income | 492/3 | €7,793 | €7,784 | -€9 | -0.1% |
| Remuneration, social security and pensions | 62 | €116,463 | €110,517 | -€5,946 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,797 | €32,740 | -€1,058 | -3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,158 | -€1,158 | |
| Other operating charges | 640/8 | €3,482 | €4,800 | +€1,319 | +37.9% |
| Gross operating margin | 9900 | €155,686 | €151,240 | -€4,446 | -2.9% |
| Operating profit (loss) | 9901 | €1,944 | €4,341 | +€2,397 | +123.3% |
| Financial income | 75/76B | €20,000 | €59,184 | +€39,184 | +195.9% |
| Recurring financial income | 75 | €20,000 | €59,184 | +€39,184 | +195.9% |
| Financial charges | 65/66B | €12,721 | €13,552 | +€831 | +6.5% |
| Recurring financial charges | 65 | €12,721 | €13,552 | +€831 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €9,223 | €49,972 | +€40,750 | +441.8% |
| Income taxes | 67/77 | €995 | €4,708 | +€3,713 | +373.2% |
| Profit (loss) for the period | 9904 | €8,228 | €45,264 | +€37,037 | +450.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,228 | €45,264 | +€37,037 | +450.1% |
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 7 October 2026 via checked.be.