Brussels Tweed Centre: 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.
Brussels Tweed Centre
Largest movements
- Receivables within one year -€524,097
down €524,097 (-48.0%), from €1.1m to €568,005
of which Other amounts receivable: -€557,732
- Deferred charges and accrued income -€24,747
down €24,747 (-9.0%), from €276,075 to €251,328
- Accrued charges and deferred income -€429,174
down €429,174 (-47.0%), from €912,287 to €483,114
- Other debts -€138,030
down €138,030 (-7.3%), from €1.9m to €1.7m
- Profit (loss) carried forward +€51,850
up €51,850 (+2.8%), from -€1.8m to -€1.8m
- Trade debts -€33,491
down €33,491 (-8.9%), from €376,694 to €343,203
- Gross operating margin +€423,135
up €423,135, from -€369,589 to €53,546
- Purchases and services -€271,789
down €271,789 (-15.5%), from €1.8m to €1.5m
- Turnover +€151,345
up €151,345 (+10.9%), from €1.4m to €1.5m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,177 | €819,333 | -€548,844 | -40.1% |
| Current assets | 29/58 | €1,368,177 | €819,333 | -€548,844 | -40.1% |
| Amounts receivable within one year | 40/41 | €1,092,102 | €568,005 | -€524,097 | -48.0% |
| Trade receivables | 40 | - | €33,635 | +€33,635 | |
| Other amounts receivable | 41 | €1,092,102 | €534,370 | -€557,732 | -51.1% |
| Deferred charges and accrued income | 490/1 | €276,075 | €251,328 | -€24,747 | -9.0% |
| Total equity and liabilities | 10/49 | €1,368,177 | €819,333 | -€548,844 | -40.1% |
| Equity | 10/15 | -€1,806,124 | -€1,754,274 | +€51,850 | +2.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,824,674 | -€1,772,824 | +€51,850 | +2.8% |
| Amounts payable | 17/49 | €3,174,301 | €2,573,607 | -€600,694 | -18.9% |
| Amounts payable within one year | 42/48 | €2,262,014 | €2,090,494 | -€171,520 | -7.6% |
| Trade debts | 44 | €376,694 | €343,203 | -€33,491 | -8.9% |
| Suppliers | 440/4 | €376,694 | €343,203 | -€33,491 | -8.9% |
| Other amounts payable | 47/48 | €1,885,320 | €1,747,290 | -€138,030 | -7.3% |
| Accrued charges and deferred income | 492/3 | €912,287 | €483,114 | -€429,174 | -47.0% |
| Turnover | 70 | €1,385,824 | €1,537,170 | +€151,345 | +10.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,755,413 | €1,483,624 | -€271,789 | -15.5% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€369,589 | €53,546 | +€423,135 | |
| Operating profit (loss) | 9901 | -€369,739 | €53,546 | +€423,285 | |
| Financial charges | 65/66B | €151 | €1,431 | +€1,280 | +848% |
| Recurring financial charges | 65 | €151 | €1,431 | +€1,280 | +848% |
| Profit (loss) for the period before taxes | 9903 | -€369,890 | €52,115 | +€422,005 | |
| Income taxes | 67/77 | - | €265 | +€265 | |
| Profit (loss) for the period | 9904 | -€369,890 | €51,850 | +€421,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€369,890 | €51,850 | +€421,739 |
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 24 October 2026 via checked.be.