CONTENT REPUBLIC: 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.
CONTENT REPUBLIC
Largest movements
- Cash -€320,138
down €320,138 (-75.4%), from €424,683 to €104,545
mainly Other debts (-€178,349) and Current investments (-€125,000)
- Current investments +€125,000
up €125,000 (+348.5%), from €35,872 to €160,872
- Tangible fixed assets -€12,987
down €12,987 (-13.6%), from €95,616 to €82,628
of which Leasing and similar rights: -€10,079
- Receivables within one year -€8,755
down €8,755 (-37.5%), from €23,341 to €14,586
of which Trade receivables: -€12,638
- Other debts -€178,349
down €178,349 (-94.4%), from €188,844 to €10,495
- Profit (loss) carried forward -€15,203
new in 2024: -€15,203
- Tax, wage and social debts -€11,406
down €11,406 (-51.3%), from €22,244 to €10,837
- Debts after one year -€9,882
down €9,882 (-27.8%), from €35,594 to €25,712
- Gross operating margin -€67,150
down €67,150 (-97.6%), from €68,823 to €1,673
- Taxes -€16,831
down €16,831 (-99.9%), from €16,843 to €13
- Depreciation +€5,886
up €5,886 (+70.5%), from €8,348 to €14,234
- Financial income +€1,576
up €1,576 (+287.6%), from €548 to €2,125
- Other operating charges -€1,301
down €1,301 (-37.1%), from €3,505 to €2,204
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 | €587,977 | €371,606 | -€216,371 | -36.8% |
| Fixed assets | 21/28 | €102,366 | €89,378 | -€12,987 | -12.7% |
| Tangible fixed assets | 22/27 | €95,616 | €82,628 | -€12,987 | -13.6% |
| Plant, machinery and equipment | 23 | €1,787 | €1,391 | -€395 | -22.1% |
| Furniture and vehicles | 24 | €8,587 | €7,718 | -€869 | -10.1% |
| Leasing and similar rights | 25 | €45,094 | €35,015 | -€10,079 | -22.4% |
| Other tangible fixed assets | 26 | €40,148 | €38,505 | -€1,644 | -4.1% |
| Financial fixed assets | 28 | €6,750 | €6,750 | = | 0.0% |
| Current assets | 29/58 | €485,611 | €282,228 | -€203,383 | -41.9% |
| Amounts receivable within one year | 40/41 | €23,341 | €14,586 | -€8,755 | -37.5% |
| Trade receivables | 40 | €22,580 | €9,942 | -€12,638 | -56.0% |
| Other amounts receivable | 41 | €761 | €4,644 | +€3,883 | +510.2% |
| Current investments | 50/53 | €35,872 | €160,872 | +€125,000 | +348.5% |
| Cash at bank and in hand | 54/58 | €424,683 | €104,545 | -€320,138 | -75.4% |
| Deferred charges and accrued income | 490/1 | €1,715 | €2,225 | +€510 | +29.7% |
| Total equity and liabilities | 10/49 | €587,977 | €371,606 | -€216,371 | -36.8% |
| Equity | 10/15 | €323,913 | €308,710 | -€15,203 | -4.7% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €69,900 | €69,900 | = | 0.0% |
| Uncalled capital | 101 | €4,900 | €4,900 | = | 0.0% |
| Reserves | 13 | €258,913 | €258,913 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,200 | €15,200 | = | 0.0% |
| Legal reserve | 130 | €15,200 | €15,200 | = | 0.0% |
| Distributable reserves | 133 | €243,713 | €243,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,203 | -€15,203 | |
| Amounts payable | 17/49 | €264,064 | €62,896 | -€201,168 | -76.2% |
| Amounts payable after more than one year | 17 | €35,594 | €25,712 | -€9,882 | -27.8% |
| Financial debts | 170/4 | €35,594 | €25,712 | -€9,882 | -27.8% |
| Amounts payable within one year | 42/48 | €228,470 | €36,847 | -€191,623 | -83.9% |
| Current portion of amounts payable after more than one year | 42 | €9,466 | €9,882 | +€416 | +4.4% |
| Financial debts | 43 | €19 | €0 | -€19 | -100.0% |
| Credit institutions | 430/8 | €19 | €0 | -€19 | -100.0% |
| Trade debts | 44 | €7,898 | €5,633 | -€2,266 | -28.7% |
| Suppliers | 440/4 | €7,898 | €5,633 | -€2,266 | -28.7% |
| Taxes, remuneration and social security | 45 | €22,244 | €10,837 | -€11,406 | -51.3% |
| Taxes | 450/3 | €22,244 | €10,837 | -€11,406 | -51.3% |
| Other amounts payable | 47/48 | €188,844 | €10,495 | -€178,349 | -94.4% |
| Accrued charges and deferred income | 492/3 | €0 | €338 | +€338 | |
| Non-recurring operating income | 76A | €3,394 | €0 | -€3,394 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,348 | €14,234 | +€5,886 | +70.5% |
| Other operating charges | 640/8 | €3,505 | €2,204 | -€1,301 | -37.1% |
| Gross operating margin | 9900 | €68,823 | €1,673 | -€67,150 | -97.6% |
| Operating profit (loss) | 9901 | €56,970 | -€14,764 | -€71,734 | |
| Financial income | 75/76B | €548 | €2,125 | +€1,576 | +287.6% |
| Recurring financial income | 75 | €548 | €2,125 | +€1,576 | +287.6% |
| Financial charges | 65/66B | €2,120 | €2,550 | +€430 | +20.3% |
| Recurring financial charges | 65 | €2,120 | €2,550 | +€430 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €55,398 | -€15,190 | -€70,588 | |
| Income taxes | 67/77 | €16,843 | €13 | -€16,831 | -99.9% |
| Profit (loss) for the period | 9904 | €38,554 | -€15,203 | -€53,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,554 | -€15,203 | -€53,757 |
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.