E&E: 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.
E&E
Largest movements
- Tangible fixed assets -€19,656
down €19,656 (-2.3%), from €860,858 to €841,202
- Debts after one year -€44,471
down €44,471 (-7.3%), from €611,965 to €567,495
- Profit (loss) carried forward +€21,626
up €21,626 (+71.9%), from €30,060 to €51,686
- Gross operating margin -€6,546
down €6,546 (-9.3%), from €70,487 to €63,941
- Taxes -€1,943
down €1,943 (-21.2%), from €9,152 to €7,209
- Other operating charges -€1,060
down €1,060 (-18.2%), from €5,836 to €4,775
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 | €875,661 | €859,991 | -€15,670 | -1.8% |
| Fixed assets | 21/28 | €860,858 | €841,202 | -€19,656 | -2.3% |
| Tangible fixed assets | 22/27 | €860,858 | €841,202 | -€19,656 | -2.3% |
| Land and buildings | 22 | €860,858 | €841,202 | -€19,656 | -2.3% |
| Current assets | 29/58 | €14,804 | €18,789 | +€3,986 | +26.9% |
| Amounts receivable within one year | 40/41 | €10,200 | €15,000 | +€4,800 | +47.1% |
| Other amounts receivable | 41 | €10,200 | €15,000 | +€4,800 | +47.1% |
| Cash at bank and in hand | 54/58 | €4,604 | €3,789 | -€814 | -17.7% |
| Total equity and liabilities | 10/49 | €875,661 | €859,991 | -€15,670 | -1.8% |
| Equity | 10/15 | €35,060 | €56,686 | +€21,626 | +61.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,060 | €51,686 | +€21,626 | +71.9% |
| Amounts payable | 17/49 | €840,602 | €803,306 | -€37,296 | -4.4% |
| Amounts payable after more than one year | 17 | €611,965 | €567,495 | -€44,471 | -7.3% |
| Financial debts | 170/4 | €611,965 | €567,495 | -€44,471 | -7.3% |
| Amounts payable within one year | 42/48 | €228,636 | €235,811 | +€7,174 | +3.1% |
| Financial debts | 43 | €43,747 | €44,471 | +€724 | +1.7% |
| Other loans | 439 | €43,747 | €44,471 | +€724 | +1.7% |
| Trade debts | 44 | €758 | - | -€758 | |
| Suppliers | 440/4 | €758 | - | -€758 | |
| Taxes, remuneration and social security | 45 | €9,032 | €16,240 | +€7,209 | +79.8% |
| Taxes | 450/3 | €9,032 | €16,240 | +€7,209 | +79.8% |
| Other amounts payable | 47/48 | €175,100 | €175,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,656 | €19,656 | = | 0.0% |
| Other operating charges | 640/8 | €5,836 | €4,775 | -€1,060 | -18.2% |
| Gross operating margin | 9900 | €70,487 | €63,941 | -€6,546 | -9.3% |
| Operating profit (loss) | 9901 | €44,996 | €39,510 | -€5,486 | -12.2% |
| Financial charges | 65/66B | €11,154 | €10,676 | -€478 | -4.3% |
| Recurring financial charges | 65 | €11,154 | €10,676 | -€478 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €33,842 | €28,835 | -€5,007 | -14.8% |
| Income taxes | 67/77 | €9,152 | €7,209 | -€1,943 | -21.2% |
| Profit (loss) for the period | 9904 | €24,690 | €21,626 | -€3,064 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,690 | €21,626 | -€3,064 | -12.4% |
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 4 October 2026 via checked.be.