ENVIRONMENTAL MANAGMENT TEAM: 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.
ENVIRONMENTAL MANAGMENT TEAM
Largest movements
- Receivables within one year -€5,767
down €5,767 (-30.2%), from €19,105 to €13,338
of which Other amounts receivable: -€4,224
- Cash -€1,133
down €1,133 (-76.1%), from €1,489 to €357
mainly Net result for the year (-€8,122) and Investment in fixed assets (net) (-€1,398)
- Tangible fixed assets -€545
down €545 (-55.2%), from €988 to €443
- Reserves -€7,140
no longer reported in 2024 (was €7,140)
of which Distributable reserves: -€6,387
- Profit (loss) carried forward -€982
new in 2024: -€982
- Trade debts +€700
up €700 (+289%), from €242 to €942
- Gross operating margin -€7,602
down €7,602, from €1,861 to -€5,741
- Depreciation +€1,398
up €1,398 (+256%), from €545 to €1,944
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 | €21,583 | €14,138 | -€7,445 | -34.5% |
| Fixed assets | 21/28 | €988 | €443 | -€545 | -55.2% |
| Tangible fixed assets | 22/27 | €988 | €443 | -€545 | -55.2% |
| Furniture and vehicles | 24 | €988 | €443 | -€545 | -55.2% |
| Current assets | 29/58 | €20,594 | €13,695 | -€6,899 | -33.5% |
| Amounts receivable within one year | 40/41 | €19,105 | €13,338 | -€5,767 | -30.2% |
| Trade receivables | 40 | €2,577 | €1,034 | -€1,543 | -59.9% |
| Other amounts receivable | 41 | €16,528 | €12,304 | -€4,224 | -25.6% |
| Cash at bank and in hand | 54/58 | €1,489 | €357 | -€1,133 | -76.1% |
| Total equity and liabilities | 10/49 | €21,583 | €14,138 | -€7,445 | -34.5% |
| Equity | 10/15 | €21,318 | €13,195 | -€8,122 | -38.1% |
| Contributions | 10/11 | €14,178 | €14,178 | = | 0.0% |
| Capital | 10 | €14,178 | - | -€14,178 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €4,414 | - | -€4,414 | |
| Reserves | 13 | €7,140 | - | -€7,140 | |
| Non-distributable reserves | 130/1 | €753 | - | -€753 | |
| Legal reserve | 130 | €753 | - | -€753 | |
| Distributable reserves | 133 | €6,387 | - | -€6,387 | |
| Profit (loss) carried forward | 14 | - | -€982 | -€982 | |
| Amounts payable | 17/49 | €265 | €942 | +€678 | +256% |
| Amounts payable within one year | 42/48 | €265 | €942 | +€678 | +256% |
| Trade debts | 44 | €242 | €942 | +€700 | +289% |
| Suppliers | 440/4 | €242 | €942 | +€700 | +289% |
| Taxes, remuneration and social security | 45 | €23 | - | -€23 | |
| Taxes | 450/3 | €23 | - | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €1,944 | +€1,398 | +256% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €1,861 | -€5,741 | -€7,602 | |
| Operating profit (loss) | 9901 | €931 | -€8,072 | -€9,003 | |
| Financial charges | 65/66B | €48 | €50 | +€2 | +4.8% |
| Recurring financial charges | 65 | €48 | €50 | +€2 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €883 | -€8,122 | -€9,006 | |
| Profit (loss) for the period | 9904 | €883 | -€8,122 | -€9,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €883 | -€8,122 | -€9,006 |
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 29 October 2026 via checked.be.