co-RE²: 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.
co-RE²
Largest movements
- Cash -€6,751
down €6,751 (-72.7%), from €9,282 to €2,531
mainly Other debts (-€120,000) and Net result for the year (-€18,136)
- Other debts -€120,000
down €120,000 (-71.3%), from €168,333 to €48,333
- Debts after one year +€115,000
up €115,000 (+80.3%), from €143,250 to €258,250
- Profit (loss) carried forward -€18,136
down €18,136 (-159%), from -€11,426 to -€29,562
- Accrued charges and deferred income +€16,464
up €16,464 (+297%), from €5,547 to €22,011
- Financial charges +€11,258
up €11,258 (+335%), from €3,360 to €14,617
- Gross operating margin +€4,905
up €4,905 (+66.1%), from -€7,420 to -€2,516
- Other operating charges +€357
up €357 (+55.3%), from €646 to €1,003
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 | €379,375 | €372,625 | -€6,751 | -1.8% |
| Fixed assets | 21/28 | €333,343 | €333,343 | = | 0.0% |
| Financial fixed assets | 28 | €333,343 | €333,343 | = | 0.0% |
| Current assets | 29/58 | €46,032 | €39,281 | -€6,751 | -14.7% |
| Amounts receivable within one year | 40/41 | €36,750 | €36,750 | = | 0.0% |
| Other amounts receivable | 41 | €36,750 | €36,750 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,282 | €2,531 | -€6,751 | -72.7% |
| Total equity and liabilities | 10/49 | €379,375 | €372,625 | -€6,751 | -1.8% |
| Equity | 10/15 | €62,074 | €43,938 | -€18,136 | -29.2% |
| Contributions | 10/11 | €73,500 | €73,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,426 | -€29,562 | -€18,136 | -159% |
| Amounts payable | 17/49 | €317,301 | €328,687 | +€11,385 | +3.6% |
| Amounts payable after more than one year | 17 | €143,250 | €258,250 | +€115,000 | +80.3% |
| Financial debts | 170/4 | €143,250 | €258,250 | +€115,000 | +80.3% |
| Amounts payable within one year | 42/48 | €168,504 | €48,426 | -€120,079 | -71.3% |
| Trade debts | 44 | €171 | €93 | -€79 | -46.0% |
| Suppliers | 440/4 | €171 | €93 | -€79 | -46.0% |
| Other amounts payable | 47/48 | €168,333 | €48,333 | -€120,000 | -71.3% |
| Accrued charges and deferred income | 492/3 | €5,547 | €22,011 | +€16,464 | +297% |
| Other operating charges | 640/8 | €646 | €1,003 | +€357 | +55.3% |
| Gross operating margin | 9900 | -€7,420 | -€2,516 | +€4,905 | +66.1% |
| Operating profit (loss) | 9901 | -€8,066 | -€3,519 | +€4,547 | +56.4% |
| Financial charges | 65/66B | €3,360 | €14,617 | +€11,258 | +335% |
| Recurring financial charges | 65 | €3,360 | €14,617 | +€11,258 | +335% |
| Profit (loss) for the period before taxes | 9903 | -€11,426 | -€18,136 | -€6,710 | -58.7% |
| Profit (loss) for the period | 9904 | -€11,426 | -€18,136 | -€6,710 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,426 | -€18,136 | -€6,710 | -58.7% |
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.