COVER: 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.
COVER
Largest movements
- Tangible fixed assets -€22,977
down €22,977 (-8.7%), from €265,521 to €242,544
- Profit (loss) carried forward -€21,618
down €21,618 (-30.8%), from -€70,112 to -€91,730
- Debts after one year -€18,973
down €18,973 (-31.5%), from €60,272 to €41,299
- Accrued charges and deferred income +€17,564
up €17,564 (+27.6%), from €63,534 to €81,098
- Gross operating margin -€11,100
down €11,100 (-71.2%), from €15,600 to €4,500
- Other operating charges -€4,604
down €4,604 (-61.6%), from €7,477 to €2,873
- Financial charges -€2,878
down €2,878 (-96.0%), from €2,998 to €120
of which Financial charges: -€2,878
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 | €265,694 | €242,667 | -€23,027 | -8.7% |
| Fixed assets | 21/28 | €265,521 | €242,544 | -€22,977 | -8.7% |
| Tangible fixed assets | 22/27 | €265,521 | €242,544 | -€22,977 | -8.7% |
| Land and buildings | 22 | €265,521 | €242,544 | -€22,977 | -8.7% |
| Current assets | 29/58 | €173 | €123 | -€50 | -28.9% |
| Cash at bank and in hand | 54/58 | €173 | €123 | -€50 | -28.9% |
| Total equity and liabilities | 10/49 | €265,694 | €242,667 | -€23,027 | -8.7% |
| Equity | 10/15 | €141,888 | €120,270 | -€21,618 | -15.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,112 | -€91,730 | -€21,618 | -30.8% |
| Amounts payable | 17/49 | €123,806 | €122,397 | -€1,409 | -1.1% |
| Amounts payable after more than one year | 17 | €60,272 | €41,299 | -€18,973 | -31.5% |
| Financial debts | 170/4 | €60,272 | €41,299 | -€18,973 | -31.5% |
| Accrued charges and deferred income | 492/3 | €63,534 | €81,098 | +€17,564 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,977 | €22,977 | = | 0.0% |
| Other operating charges | 640/8 | €7,477 | €2,873 | -€4,604 | -61.6% |
| Non-recurring operating charges | 66A | - | €148 | +€148 | |
| Gross operating margin | 9900 | €15,600 | €4,500 | -€11,100 | -71.2% |
| Operating profit (loss) | 9901 | -€14,854 | -€21,498 | -€6,644 | -44.7% |
| Financial charges | 65/66B | €2,998 | €120 | -€2,878 | -96.0% |
| Recurring financial charges | 65 | €2,998 | €120 | -€2,878 | -96.0% |
| Non-recurring financial charges | 66B | - | €120 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | -€17,852 | -€21,618 | -€3,766 | -21.1% |
| Profit (loss) for the period | 9904 | -€17,852 | -€21,618 | -€3,766 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,852 | -€21,618 | -€3,766 | -21.1% |
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 2 October 2026 via checked.be.