CONTINUUM: 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.
CONTINUUM
Largest movements
- Tangible fixed assets -€67,314
down €67,314 (-7.1%), from €941,624 to €874,310
of which Land and buildings: -€66,314
- Cash -€37,617
down €37,617 (-68.9%), from €54,591 to €16,974
mainly Debts after one year (-€73,150) and Net result for the year (-€69,989)
- Debts after one year -€73,150
down €73,150 (-43.2%), from €169,173 to €96,023
- Profit (loss) carried forward -€69,989
down €69,989 (-8.2%), from -€856,971 to -€926,960
- Other debts +€27,737
up €27,737 (+2.7%), from €1.0m to €1.1m
- Gross operating margin +€18,677
up €18,677 (+1129.4%), from €1,654 to €20,331
- Depreciation +€13,269
up €13,269 (+69.7%), from €19,045 to €32,314
- Financial charges -€4,801
down €4,801 (-29.5%), from €16,254 to €11,453
- Financial income -€3,909
down €3,909 (-92.6%), from €4,220 to €311
of which Non-recurring financial income: -€4,220
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 | €1,001,408 | €895,403 | -€106,006 | -10.6% |
| Fixed assets | 21/28 | €941,624 | €874,310 | -€67,314 | -7.1% |
| Tangible fixed assets | 22/27 | €941,624 | €874,310 | -€67,314 | -7.1% |
| Land and buildings | 22 | €940,602 | €874,288 | -€66,314 | -7.1% |
| Furniture and vehicles | 24 | €1,022 | €22 | -€1,000 | -97.9% |
| Current assets | 29/58 | €59,784 | €21,093 | -€38,692 | -64.7% |
| Amounts receivable within one year | 40/41 | €5,176 | €4,119 | -€1,057 | -20.4% |
| Trade receivables | 40 | €5,014 | €3,864 | -€1,150 | -22.9% |
| Other amounts receivable | 41 | €162 | €255 | +€93 | +57.7% |
| Cash at bank and in hand | 54/58 | €54,591 | €16,974 | -€37,617 | -68.9% |
| Deferred charges and accrued income | 490/1 | €18 | - | -€18 | |
| Total equity and liabilities | 10/49 | €1,001,408 | €895,403 | -€106,006 | -10.6% |
| Equity | 10/15 | -€281,971 | -€351,960 | -€69,989 | -24.8% |
| Contributions | 10/11 | €575,000 | €575,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€856,971 | -€926,960 | -€69,989 | -8.2% |
| Amounts payable | 17/49 | €1,283,379 | €1,247,363 | -€36,016 | -2.8% |
| Amounts payable after more than one year | 17 | €169,173 | €96,023 | -€73,150 | -43.2% |
| Financial debts | 170/4 | €169,173 | €96,023 | -€73,150 | -43.2% |
| Amounts payable within one year | 42/48 | €1,114,206 | €1,151,339 | +€37,134 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €67,669 | €73,140 | +€5,471 | +8.1% |
| Financial debts | 43 | - | €4,025 | +€4,025 | |
| Credit institutions | 430/8 | - | €4,025 | +€4,025 | |
| Trade debts | 44 | €182 | €82 | -€100 | -54.7% |
| Suppliers | 440/4 | €182 | €82 | -€100 | -54.7% |
| Other amounts payable | 47/48 | €1,046,354 | €1,074,092 | +€27,737 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,045 | €32,314 | +€13,269 | +69.7% |
| Other operating charges | 640/8 | €11,903 | €11,865 | -€38 | -0.3% |
| Non-recurring operating charges | 66A | €6,055 | €35,000 | +€28,945 | +478.0% |
| Gross operating margin | 9900 | €1,654 | €20,331 | +€18,677 | +1129.4% |
| Operating profit (loss) | 9901 | -€35,350 | -€58,848 | -€23,498 | -66.5% |
| Financial income | 75/76B | €4,220 | €311 | -€3,909 | -92.6% |
| Recurring financial income | 75 | €4,220 | €311 | -€3,909 | -92.6% |
| Non-recurring financial income | 76B | €4,220 | - | -€4,220 | |
| Financial charges | 65/66B | €16,254 | €11,453 | -€4,801 | -29.5% |
| Recurring financial charges | 65 | €16,254 | €11,453 | -€4,801 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€47,384 | -€69,989 | -€22,606 | -47.7% |
| Profit (loss) for the period | 9904 | -€47,384 | -€69,989 | -€22,606 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,384 | -€69,989 | -€22,606 | -47.7% |
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 11 October 2026 via checked.be.