E&W CONCEPTS: 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.
E&W CONCEPTS
Largest movements
- Deferred charges and accrued income +€12,651
up €12,651 (+42.1%), from €30,071 to €42,722
- Tangible fixed assets +€5,831
up €5,831 (+1.3%), from €454,058 to €459,889
of which Plant, machinery and equipment: +€5,831
- Receivables within one year +€5,353
up €5,353 (+76.5%), from €7,000 to €12,354
of which Trade receivables: +€4,603
- Debts after one year +€195,674
up €195,674 (+93.7%), from €208,721 to €404,395
- Other debts -€161,878
down €161,878 (-63.6%), from €254,351 to €92,473
- Profit (loss) carried forward -€7,182
down €7,182 (-15.3%), from -€47,065 to -€54,247
- Gross operating margin +€12,735
up €12,735, from -€6,817 to €5,918
- Other operating charges +€2,890
up €2,890 (+706%), from €410 to €3,300
- Financial charges +€145
up €145 (+1.5%), from €9,655 to €9,800
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 | €491,509 | €515,729 | +€24,220 | +4.9% |
| Fixed assets | 21/28 | €454,058 | €459,889 | +€5,831 | +1.3% |
| Tangible fixed assets | 22/27 | €454,058 | €459,889 | +€5,831 | +1.3% |
| Land and buildings | 22 | €439,638 | €439,638 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,673 | €15,504 | +€5,831 | +60.3% |
| Furniture and vehicles | 24 | €2,940 | €2,940 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,807 | €1,807 | = | 0.0% |
| Current assets | 29/58 | €37,451 | €55,840 | +€18,389 | +49.1% |
| Amounts receivable within one year | 40/41 | €7,000 | €12,354 | +€5,353 | +76.5% |
| Trade receivables | 40 | €6,618 | €11,221 | +€4,603 | +69.6% |
| Other amounts receivable | 41 | €382 | €1,133 | +€750 | +196% |
| Cash at bank and in hand | 54/58 | €379 | €764 | +€385 | +101% |
| Deferred charges and accrued income | 490/1 | €30,071 | €42,722 | +€12,651 | +42.1% |
| Total equity and liabilities | 10/49 | €491,509 | €515,729 | +€24,220 | +4.9% |
| Equity | 10/15 | €17,179 | €9,997 | -€7,182 | -41.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,644 | €45,644 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €43,784 | €43,784 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,065 | -€54,247 | -€7,182 | -15.3% |
| Amounts payable | 17/49 | €474,330 | €505,732 | +€31,402 | +6.6% |
| Amounts payable after more than one year | 17 | €208,721 | €404,395 | +€195,674 | +93.7% |
| Financial debts | 170/4 | €208,721 | €404,395 | +€195,674 | +93.7% |
| Amounts payable within one year | 42/48 | €265,609 | €101,336 | -€164,272 | -61.8% |
| Current portion of amounts payable after more than one year | 42 | €5,935 | €5,935 | = | 0.0% |
| Trade debts | 44 | €5,322 | €2,928 | -€2,394 | -45.0% |
| Suppliers | 440/4 | €5,322 | €2,928 | -€2,394 | -45.0% |
| Other amounts payable | 47/48 | €254,351 | €92,473 | -€161,878 | -63.6% |
| Other operating charges | 640/8 | €410 | €3,300 | +€2,890 | +706% |
| Gross operating margin | 9900 | -€6,817 | €5,918 | +€12,735 | |
| Operating profit (loss) | 9901 | -€7,227 | €2,618 | +€9,845 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,655 | €9,800 | +€145 | +1.5% |
| Recurring financial charges | 65 | €9,655 | €9,800 | +€145 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,881 | -€7,182 | +€9,699 | +57.5% |
| Profit (loss) for the period | 9904 | -€16,881 | -€7,182 | +€9,699 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,881 | -€7,182 | +€9,699 | +57.5% |
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 18 October 2026 via checked.be.