EMPIRE: 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.
EMPIRE
Largest movements
- Tangible fixed assets -€68,267
down €68,267 (-13.4%), from €510,459 to €442,192
of which Land and buildings: -€63,920
- Receivables within one year -€11,397
down €11,397 (-91.7%), from €12,427 to €1,031
- Debts after one year -€116,275
down €116,275 (-21.2%), from €549,203 to €432,928
- Current portion of long-term debt +€100,178
new in 2024: €100,178
- Profit (loss) carried forward -€97,636
down €97,636 (-29.8%), from -€327,831 to -€425,467
- Other debts +€40,476
up €40,476 (+42.6%), from €95,088 to €135,564
- Trade debts -€6,231
down €6,231 (-31.5%), from €19,768 to €13,537
- Gross operating margin +€18,467
up €18,467 (+85.2%), from -€21,680 to -€3,213
- Financial charges -€9,965
down €9,965 (-43.6%), from €22,863 to €12,898
- Other operating charges -€3,201
down €3,201 (-19.4%), from €16,459 to €13,258
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
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 | €522,886 | €443,223 | -€79,664 | -15.2% |
| Fixed assets | 21/28 | €510,459 | €442,192 | -€68,267 | -13.4% |
| Tangible fixed assets | 22/27 | €510,459 | €442,192 | -€68,267 | -13.4% |
| Land and buildings | 22 | €500,927 | €437,007 | -€63,920 | -12.8% |
| Plant, machinery and equipment | 23 | €9,532 | €5,185 | -€4,347 | -45.6% |
| Current assets | 29/58 | €12,427 | €1,031 | -€11,397 | -91.7% |
| Amounts receivable within one year | 40/41 | €12,427 | €1,031 | -€11,397 | -91.7% |
| Other amounts receivable | 41 | €12,427 | €1,031 | -€11,397 | -91.7% |
| Total equity and liabilities | 10/49 | €522,886 | €443,223 | -€79,664 | -15.2% |
| Equity | 10/15 | -€142,931 | -€240,567 | -€97,636 | -68.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €164,900 | €164,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€327,831 | -€425,467 | -€97,636 | -29.8% |
| Amounts payable | 17/49 | €665,818 | €683,790 | +€17,972 | +2.7% |
| Amounts payable after more than one year | 17 | €549,203 | €432,928 | -€116,275 | -21.2% |
| Financial debts | 170/4 | €549,203 | €432,928 | -€116,275 | -21.2% |
| Amounts payable within one year | 42/48 | €116,615 | €250,862 | +€134,247 | +115.1% |
| Current portion of amounts payable after more than one year | 42 | - | €100,178 | +€100,178 | |
| Financial debts | 43 | €1,758 | €1,583 | -€176 | -10.0% |
| Credit institutions | 430/8 | €1,758 | €1,583 | -€176 | -10.0% |
| Trade debts | 44 | €19,768 | €13,537 | -€6,231 | -31.5% |
| Suppliers | 440/4 | €19,768 | €13,537 | -€6,231 | -31.5% |
| Other amounts payable | 47/48 | €95,088 | €135,564 | +€40,476 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,267 | €68,267 | = | 0.0% |
| Other operating charges | 640/8 | €16,459 | €13,258 | -€3,201 | -19.4% |
| Gross operating margin | 9900 | -€21,680 | -€3,213 | +€18,467 | +85.2% |
| Operating profit (loss) | 9901 | -€106,406 | -€84,738 | +€21,668 | +20.4% |
| Financial charges | 65/66B | €22,863 | €12,898 | -€9,965 | -43.6% |
| Recurring financial charges | 65 | €22,863 | €12,898 | -€9,965 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | -€129,269 | -€97,636 | +€31,633 | +24.5% |
| Profit (loss) for the period | 9904 | -€129,269 | -€97,636 | +€31,633 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€129,269 | -€97,636 | +€31,633 | +24.5% |
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 29 September 2026 via checked.be.