CFO: 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.
CFO
Largest movements
- Cash -€4,747
down €4,747 (-3.2%), from €146,156 to €141,409
mainly Other debts (-€2,497) and Net result for the year (-€1,851)
- Other debts -€2,497
down €2,497 (-5.0%), from €49,789 to €47,292
- Profit (loss) carried forward -€1,851
down €1,851 (-48.8%), from €3,795 to €1,944
- Gross operating margin +€8,467
up €8,467 (+82.6%), from -€10,248 to -€1,780
- Other operating charges -€205
no longer reported in 2024 (was €205)
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 | €146,258 | €141,409 | -€4,849 | -3.3% |
| Current assets | 29/58 | €146,258 | €141,409 | -€4,849 | -3.3% |
| Amounts receivable within one year | 40/41 | €102 | - | -€102 | |
| Other amounts receivable | 41 | €102 | - | -€102 | |
| Cash at bank and in hand | 54/58 | €146,156 | €141,409 | -€4,747 | -3.2% |
| Total equity and liabilities | 10/49 | €146,258 | €141,409 | -€4,849 | -3.3% |
| Equity | 10/15 | €95,655 | €93,804 | -€1,851 | -1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,660 | €85,660 | = | 0.0% |
| Distributable reserves | 133 | €85,660 | €85,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,795 | €1,944 | -€1,851 | -48.8% |
| Amounts payable | 17/49 | €50,603 | €47,605 | -€2,998 | -5.9% |
| Amounts payable within one year | 42/48 | €50,603 | €47,605 | -€2,998 | -5.9% |
| Trade debts | 44 | €814 | €313 | -€500 | -61.5% |
| Suppliers | 440/4 | €814 | €313 | -€500 | -61.5% |
| Other amounts payable | 47/48 | €49,789 | €47,292 | -€2,497 | -5.0% |
| Other operating charges | 640/8 | €205 | - | -€205 | |
| Gross operating margin | 9900 | -€10,248 | -€1,780 | +€8,467 | +82.6% |
| Operating profit (loss) | 9901 | -€10,453 | -€1,780 | +€8,673 | +83.0% |
| Financial charges | 65/66B | €66 | €71 | +€5 | +6.9% |
| Recurring financial charges | 65 | €66 | €71 | +€5 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,519 | -€1,851 | +€8,668 | +82.4% |
| Profit (loss) for the period | 9904 | -€10,519 | -€1,851 | +€8,668 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,519 | -€1,851 | +€8,668 | +82.4% |
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 29 September 2026 via checked.be.