CRE/ATE: 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.
CRE/ATE
Largest movements
- Cash -€8,248
down €8,248 (-26.1%), from €31,620 to €23,372
mainly Net result for the year (-€18,904) and Investment in fixed assets (net) (-€7,076)
- Tangible fixed assets +€739
up €739 (+6.0%), from €12,372 to €13,110
of which Furniture and vehicles: +€372
- Profit (loss) carried forward -€21,759
down €21,759 (-98.1%), from €22,184 to €425
- Other debts +€14,521
up €14,521 (+456%), from €3,183 to €17,704
- Trade debts +€1,609
up €1,609 (+381%), from €422 to €2,031
- Reserves -€1,536
no longer reported in 2024 (was €1,536)
- Tax, wage and social debts -€554
down €554 (-70.2%), from €790 to €235
- Gross operating margin -€8,567
down €8,567 (-655%), from -€1,307 to -€9,874
- Depreciation +€1,901
up €1,901 (+42.8%), from €4,436 to €6,337
- Financial income -€1,176
down €1,176 (-98.0%), from €1,200 to €25
of which Non-recurring financial income: -€1,150
- Other operating charges +€904
up €904 (+62.8%), from €1,438 to €2,341
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 | €46,779 | €39,060 | -€7,719 | -16.5% |
| Fixed assets | 21/28 | €12,422 | €13,160 | +€739 | +5.9% |
| Tangible fixed assets | 22/27 | €12,372 | €13,110 | +€739 | +6.0% |
| Plant, machinery and equipment | 23 | €2,499 | €2,866 | +€367 | +14.7% |
| Furniture and vehicles | 24 | €9,872 | €10,244 | +€372 | +3.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €34,357 | €25,900 | -€8,457 | -24.6% |
| Amounts receivable within one year | 40/41 | €2,736 | €2,528 | -€209 | -7.6% |
| Trade receivables | 40 | €581 | - | -€581 | |
| Other amounts receivable | 41 | €2,156 | €2,528 | +€372 | +17.3% |
| Cash at bank and in hand | 54/58 | €31,620 | €23,372 | -€8,248 | -26.1% |
| Total equity and liabilities | 10/49 | €46,779 | €39,060 | -€7,719 | -16.5% |
| Equity | 10/15 | €42,320 | €19,025 | -€23,295 | -55.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,536 | - | -€1,536 | |
| Distributable reserves | 133 | €1,536 | - | -€1,536 | |
| Profit (loss) carried forward | 14 | €22,184 | €425 | -€21,759 | -98.1% |
| Amounts payable | 17/49 | €4,459 | €20,035 | +€15,577 | +349% |
| Amounts payable within one year | 42/48 | €4,395 | €19,970 | +€15,575 | +354% |
| Trade debts | 44 | €422 | €2,031 | +€1,609 | +381% |
| Suppliers | 440/4 | €422 | €2,031 | +€1,609 | +381% |
| Taxes, remuneration and social security | 45 | €790 | €235 | -€554 | -70.2% |
| Taxes | 450/3 | €790 | €235 | -€554 | -70.2% |
| Other amounts payable | 47/48 | €3,183 | €17,704 | +€14,521 | +456% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,436 | €6,337 | +€1,901 | +42.8% |
| Other operating charges | 640/8 | €1,438 | €2,341 | +€904 | +62.8% |
| Gross operating margin | 9900 | -€1,307 | -€9,874 | -€8,567 | -655% |
| Operating profit (loss) | 9901 | -€7,181 | -€18,553 | -€11,371 | -158% |
| Financial income | 75/76B | €1,200 | €25 | -€1,176 | -98.0% |
| Recurring financial income | 75 | €50 | €25 | -€26 | -51.0% |
| Non-recurring financial income | 76B | €1,150 | - | -€1,150 | |
| Financial charges | 65/66B | €190 | €242 | +€53 | +27.7% |
| Recurring financial charges | 65 | €190 | €242 | +€53 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,171 | -€18,771 | -€12,599 | -204% |
| Income taxes | 67/77 | €101 | €134 | +€32 | +31.9% |
| Profit (loss) for the period | 9904 | -€6,273 | -€18,904 | -€12,632 | -201% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,273 | -€18,904 | -€12,632 | -201% |
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 14 October 2026 via checked.be.