EMMANUEL PIROTTE: 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.
EMMANUEL PIROTTE
Largest movements
- Tangible fixed assets -€7,852
down €7,852 (-22.0%), from €35,749 to €27,897
of which Plant, machinery and equipment: -€7,439
- Profit (loss) carried forward -€8,565
down €8,565 (-51.2%), from -€16,739 to -€25,305
- Other debts +€850
up €850 (+2.8%), from €30,437 to €31,287
- Turnover -€16,327
no longer reported in 2024 (was €16,327)
- Purchases and services -€16,183
down €16,183 (-95.8%), from €16,896 to €714
- Gross operating margin -€7,311
down €7,311, from €6,598 to -€714
- Other operating charges -€975
no longer reported in 2024 (was €975)
- Depreciation -€967
down €967 (-11.0%), from €8,819 to €7,852
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,749 | €28,034 | -€7,715 | -21.6% |
| Fixed assets | 21/28 | €35,749 | €27,897 | -€7,852 | -22.0% |
| Tangible fixed assets | 22/27 | €35,749 | €27,897 | -€7,852 | -22.0% |
| Plant, machinery and equipment | 23 | €34,707 | €27,268 | -€7,439 | -21.4% |
| Furniture and vehicles | 24 | €1,043 | €630 | -€413 | -39.6% |
| Current assets | 29/58 | - | €137 | +€137 | |
| Amounts receivable within one year | 40/41 | - | €137 | +€137 | |
| Other amounts receivable | 41 | - | €137 | +€137 | |
| Total equity and liabilities | 10/49 | €35,749 | €28,034 | -€7,715 | -21.6% |
| Equity | 10/15 | €5,261 | -€3,305 | -€8,565 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,739 | -€25,305 | -€8,565 | -51.2% |
| Amounts payable | 17/49 | €30,489 | €31,339 | +€850 | +2.8% |
| Amounts payable within one year | 42/48 | €30,489 | €31,339 | +€850 | +2.8% |
| Taxes, remuneration and social security | 45 | €52 | €52 | = | 0.0% |
| Taxes | 450/3 | €52 | €52 | = | 0.0% |
| Other amounts payable | 47/48 | €30,437 | €31,287 | +€850 | +2.8% |
| Turnover | 70 | €16,327 | - | -€16,327 | |
| Non-recurring operating income | 76A | €4,506 | - | -€4,506 | |
| Goods, raw materials, services and sundry goods | 60/61 | €16,896 | €714 | -€16,183 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,819 | €7,852 | -€967 | -11.0% |
| Other operating charges | 640/8 | €975 | - | -€975 | |
| Gross operating margin | 9900 | €6,598 | -€714 | -€7,311 | |
| Operating profit (loss) | 9901 | -€3,196 | -€8,565 | -€5,370 | -168% |
| Financial income | 75/76B | €211 | - | -€211 | |
| Recurring financial income | 75 | €211 | - | -€211 | |
| Financial charges | 65/66B | €647 | - | -€647 | |
| Recurring financial charges | 65 | €647 | - | -€647 | |
| Profit (loss) for the period before taxes | 9903 | -€3,632 | -€8,565 | -€4,934 | -136% |
| Income taxes | 67/77 | €52 | - | -€52 | |
| Profit (loss) for the period | 9904 | -€3,683 | -€8,565 | -€4,882 | -133% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,683 | -€8,565 | -€4,882 | -133% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.