COMPARE PROJECTS: 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.
COMPARE PROJECTS
Largest movements
- Tangible fixed assets -€16,001
down €16,001 (-2.8%), from €561,623 to €545,622
- Cash +€8,823
up €8,823 (+60.6%), from €14,556 to €23,379
mainly Depreciation (+€16,001) and Net result for the year (+€4,685)
- Debts after one year -€17,014
down €17,014 (-14.7%), from €115,359 to €98,345
- Gross operating margin +€3,767
up €3,767 (+15.5%), from €24,235 to €28,003
- Other operating charges +€3,005
up €3,005 (+841.8%), from €357 to €3,362
- Depreciation +€947
up €947 (+6.3%), from €15,053 to €16,001
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 | €577,609 | €570,382 | -€7,227 | -1.3% |
| Fixed assets | 21/28 | €561,623 | €545,622 | -€16,001 | -2.8% |
| Tangible fixed assets | 22/27 | €561,623 | €545,622 | -€16,001 | -2.8% |
| Land and buildings | 22 | €561,623 | €545,622 | -€16,001 | -2.8% |
| Current assets | 29/58 | €15,986 | €24,760 | +€8,773 | +54.9% |
| Amounts receivable within one year | 40/41 | €956 | €766 | -€190 | -19.9% |
| Trade receivables | 40 | €775 | €515 | -€260 | -33.6% |
| Other amounts receivable | 41 | €180 | €250 | +€70 | +38.9% |
| Cash at bank and in hand | 54/58 | €14,556 | €23,379 | +€8,823 | +60.6% |
| Deferred charges and accrued income | 490/1 | €475 | €616 | +€140 | +29.5% |
| Total equity and liabilities | 10/49 | €577,609 | €570,382 | -€7,227 | -1.3% |
| Equity | 10/15 | €213,187 | €217,872 | +€4,685 | +2.2% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €2,800 | €2,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,800 | €2,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,800 | €2,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,387 | €35,072 | +€4,685 | +15.4% |
| Amounts payable | 17/49 | €364,422 | €352,510 | -€11,912 | -3.3% |
| Amounts payable after more than one year | 17 | €115,359 | €98,345 | -€17,014 | -14.7% |
| Financial debts | 170/4 | €115,359 | €98,345 | -€17,014 | -14.7% |
| Amounts payable within one year | 42/48 | €249,063 | €254,165 | +€5,102 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €16,758 | €17,014 | +€257 | +1.5% |
| Trade debts | 44 | €38,923 | €42,807 | +€3,883 | +10.0% |
| Suppliers | 440/4 | €38,923 | €42,807 | +€3,883 | +10.0% |
| Advances received on contracts in progress | 46 | €1,002 | - | -€1,002 | |
| Taxes, remuneration and social security | 45 | €1,979 | €3,944 | +€1,964 | +99.3% |
| Taxes | 450/3 | €1,979 | €3,944 | +€1,964 | +99.3% |
| Other amounts payable | 47/48 | €190,401 | €190,401 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,053 | €16,001 | +€947 | +6.3% |
| Other operating charges | 640/8 | €357 | €3,362 | +€3,005 | +841.8% |
| Gross operating margin | 9900 | €24,235 | €28,003 | +€3,767 | +15.5% |
| Operating profit (loss) | 9901 | €8,825 | €8,640 | -€185 | -2.1% |
| Financial charges | 65/66B | €2,437 | €2,200 | -€237 | -9.7% |
| Recurring financial charges | 65 | €2,437 | €2,200 | -€237 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €6,388 | €6,439 | +€52 | +0.8% |
| Income taxes | 67/77 | €1,705 | €1,755 | +€50 | +2.9% |
| Profit (loss) for the period | 9904 | €4,683 | €4,685 | +€2 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,683 | €4,685 | +€2 | 0.0% |
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 1 October 2026 via checked.be.