FILE: 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.
FILE
Largest movements
- Deferred charges and accrued income +€80,000
new in 2024: €80,000
- Other debts +€105,968
up €105,968 (+44.5%), from €238,089 to €344,057
- Debts after one year -€65,843
down €65,843 (-5.7%), from €1.2m to €1.1m
- Current portion of long-term debt +€54,443
up €54,443 (+17394.1%), from €313 to €54,756
- Financial charges +€21,506
up €21,506 (+59.3%), from €36,250 to €57,756
- Gross operating margin +€14,345
up €14,345 (+39.6%), from €36,197 to €50,542
- Other operating charges +€1,664
up €1,664 (+501.1%), from €332 to €1,996
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 | €2,154,103 | €2,240,695 | +€86,592 | +4.0% |
| Current assets | 29/58 | €2,154,103 | €2,240,695 | +€86,592 | +4.0% |
| Stocks and contracts in progress | 3 | €2,104,034 | €2,110,211 | +€6,177 | +0.3% |
| Stocks | 30/36 | €2,104,034 | €2,110,211 | +€6,177 | +0.3% |
| Amounts receivable within one year | 40/41 | €50,042 | €50,481 | +€439 | +0.9% |
| Other amounts receivable | 41 | €50,042 | €50,481 | +€439 | +0.9% |
| Cash at bank and in hand | 54/58 | €27 | €4 | -€23 | -87.0% |
| Deferred charges and accrued income | 490/1 | - | €80,000 | +€80,000 | |
| Total equity and liabilities | 10/49 | €2,154,103 | €2,240,695 | +€86,592 | +4.0% |
| Equity | 10/15 | €447,266 | €438,056 | -€9,210 | -2.1% |
| Contributions | 10/11 | €61,973 | €61,973 | +€0 | 0.0% |
| Reserves | 13 | €8,702 | €8,701 | -€1 | 0.0% |
| Distributable reserves | 133 | €8,702 | €8,701 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €68,139 | €58,930 | -€9,209 | -13.5% |
| Investment grants | 15 | €308,452 | €308,452 | -€0 | 0.0% |
| Provisions and deferred taxes | 16 | €102,817 | €102,817 | +€0 | 0.0% |
| Deferred taxes | 168 | €102,817 | €102,817 | +€0 | 0.0% |
| Amounts payable | 17/49 | €1,604,020 | €1,699,822 | +€95,802 | +6.0% |
| Amounts payable after more than one year | 17 | €1,158,753 | €1,092,910 | -€65,843 | -5.7% |
| Financial debts | 170/4 | €1,158,753 | €1,092,910 | -€65,843 | -5.7% |
| Amounts payable within one year | 42/48 | €445,267 | €606,912 | +€161,645 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €313 | €54,756 | +€54,443 | +17394.1% |
| Trade debts | 44 | €206,865 | €208,098 | +€1,233 | +0.6% |
| Suppliers | 440/4 | €206,865 | €208,098 | +€1,233 | +0.6% |
| Other amounts payable | 47/48 | €238,089 | €344,057 | +€105,968 | +44.5% |
| Other operating charges | 640/8 | €332 | €1,996 | +€1,664 | +501.1% |
| Gross operating margin | 9900 | €36,197 | €50,542 | +€14,345 | +39.6% |
| Operating profit (loss) | 9901 | €35,865 | €48,546 | +€12,681 | +35.4% |
| Financial charges | 65/66B | €36,250 | €57,756 | +€21,506 | +59.3% |
| Recurring financial charges | 65 | €36,250 | €57,756 | +€21,506 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | -€385 | -€9,210 | -€8,825 | -2292.1% |
| Profit (loss) for the period | 9904 | -€385 | -€9,210 | -€8,825 | -2292.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€385 | -€9,210 | -€8,825 | -2292.1% |
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.