CRONOTOPE: 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.
CRONOTOPE
Largest movements
- Receivables within one year -€32,579
down €32,579 (-39.5%), from €82,583 to €50,004
of which Trade receivables: -€37,131
- Tangible fixed assets -€22,640
down €22,640 (-4.3%), from €523,684 to €501,044
of which Land and buildings: -€19,095
- Cash -€10,312
down €10,312 (-87.3%), from €11,810 to €1,499
mainly Provisions (-€33,925) and Trade debts (-€27,391)
- Profit (loss) carried forward +€38,375
up €38,375 (+148%), from €25,881 to €64,257
- Provisions -€33,925
down €33,925 (-8.9%), from €382,451 to €348,526
of which Provisions for liabilities and charges: -€30,000
- Trade debts -€27,391
down €27,391 (-58.8%), from €46,579 to €19,188
- Advances received -€24,000
no longer reported in 2024 (was €24,000)
- Reserves -€15,700
down €15,700 (-10.0%), from €157,005 to €141,304
- Purchases and services +€68,097
new in 2024: €68,097
- Gross operating margin -€24,614
down €24,614 (-28.0%), from €87,991 to €63,377
- Taxes -€9,806
no longer reported in 2024 (was €9,806)
- Other operating charges -€5,836
down €5,836 (-98.1%), from €5,952 to €116
- Depreciation -€5,107
down €5,107 (-10.2%), from €50,197 to €45,090
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 | €698,921 | €632,546 | -€66,375 | -9.5% |
| Fixed assets | 21/28 | €523,684 | €501,044 | -€22,640 | -4.3% |
| Tangible fixed assets | 22/27 | €523,684 | €501,044 | -€22,640 | -4.3% |
| Land and buildings | 22 | €507,645 | €488,550 | -€19,095 | -3.8% |
| Plant, machinery and equipment | 23 | €2,588 | €986 | -€1,602 | -61.9% |
| Furniture and vehicles | 24 | €4,492 | €4,394 | -€98 | -2.2% |
| Other tangible fixed assets | 26 | €8,959 | €7,114 | -€1,845 | -20.6% |
| Current assets | 29/58 | €175,237 | €131,502 | -€43,735 | -25.0% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,583 | €50,004 | -€32,579 | -39.5% |
| Trade receivables | 40 | €68,482 | €31,351 | -€37,131 | -54.2% |
| Other amounts receivable | 41 | €14,101 | €18,652 | +€4,551 | +32.3% |
| Cash at bank and in hand | 54/58 | €11,810 | €1,499 | -€10,312 | -87.3% |
| Deferred charges and accrued income | 490/1 | €844 | - | -€844 | |
| Total equity and liabilities | 10/49 | €698,921 | €632,546 | -€66,375 | -9.5% |
| Equity | 10/15 | €201,486 | €224,161 | +€22,675 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,005 | €141,304 | -€15,700 | -10.0% |
| Tax-exempt reserves | 132 | €157,005 | €141,304 | -€15,700 | -10.0% |
| Profit (loss) carried forward | 14 | €25,881 | €64,257 | +€38,375 | +148% |
| Provisions and deferred taxes | 16 | €382,451 | €348,526 | -€33,925 | -8.9% |
| Provisions for liabilities and charges | 160/5 | €343,200 | €313,200 | -€30,000 | -8.7% |
| Other liabilities and charges | 164/5 | €343,200 | €313,200 | -€30,000 | -8.7% |
| Deferred taxes | 168 | €39,251 | €35,326 | -€3,925 | -10.0% |
| Amounts payable | 17/49 | €114,983 | €59,858 | -€55,125 | -47.9% |
| Amounts payable within one year | 42/48 | €114,983 | €59,858 | -€55,125 | -47.9% |
| Financial debts | 43 | €4,453 | €4,453 | = | 0.0% |
| Credit institutions | 430/8 | €4,453 | €4,453 | = | 0.0% |
| Trade debts | 44 | €46,579 | €19,188 | -€27,391 | -58.8% |
| Suppliers | 440/4 | €46,579 | €19,188 | -€27,391 | -58.8% |
| Advances received on contracts in progress | 46 | €24,000 | - | -€24,000 | |
| Taxes, remuneration and social security | 45 | €39,952 | €36,218 | -€3,734 | -9.3% |
| Taxes | 450/3 | €39,952 | €36,218 | -€3,734 | -9.3% |
| Non-recurring operating income | 76A | €30,000 | - | -€30,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €68,097 | +€68,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,197 | €45,090 | -€5,107 | -10.2% |
| Other operating charges | 640/8 | €5,952 | €116 | -€5,836 | -98.1% |
| Non-recurring operating charges | 66A | €1,100 | - | -€1,100 | |
| Gross operating margin | 9900 | €87,991 | €63,377 | -€24,614 | -28.0% |
| Operating profit (loss) | 9901 | €30,742 | €18,171 | -€12,570 | -40.9% |
| Financial income | 75/76B | €3,004 | €2,160 | -€844 | -28.1% |
| Recurring financial income | 75 | €3,004 | €2,160 | -€844 | -28.1% |
| Financial charges | 65/66B | €776 | €1,581 | +€805 | +104% |
| Recurring financial charges | 65 | €776 | €1,581 | +€805 | +104% |
| Profit (loss) for the period before taxes | 9903 | €32,969 | €18,750 | -€14,220 | -43.1% |
| Transfer from deferred taxes | 780 | €3,925 | €3,925 | = | 0.0% |
| Income taxes | 67/77 | €9,806 | - | -€9,806 | |
| Profit (loss) for the period | 9904 | €27,089 | €22,675 | -€4,414 | -16.3% |
| Transfer from tax-exempt reserves | 789 | €15,700 | €15,700 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,789 | €38,375 | -€4,414 | -10.3% |
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 23 October 2026 via checked.be.