FIRST DRAFT: 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.
FIRST DRAFT
Largest movements
- Tangible fixed assets -€13,216
down €13,216 (-12.6%), from €104,820 to €91,604
of which Land and buildings: -€11,025
- Current portion of long-term debt -€19,130
down €19,130 (-76.8%), from €24,923 to €5,793
- Trade debts +€6,803
up €6,803 (+247%), from €2,751 to €9,553
- Debts after one year -€5,793
down €5,793 (-9.1%), from €63,996 to €58,203
- Tax, wage and social debts +€3,970
up €3,970 (+98.5%), from €4,028 to €7,998
- Reserves +€2,118
up €2,118 (+7.6%), from €27,770 to €29,889
of which Distributable reserves: +€2,118
- Gross operating margin -€13,022
down €13,022 (-38.4%), from €33,953 to €20,931
- Depreciation -€6,034
down €6,034 (-31.3%), from €19,249 to €13,216
- Financial charges -€3,362
down €3,362 (-99.0%), from €3,396 to €35
- Taxes -€932
down €932 (-27.1%), from €3,437 to €2,505
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 | €142,068 | €130,036 | -€12,032 | -8.5% |
| Fixed assets | 21/28 | €104,820 | €91,604 | -€13,216 | -12.6% |
| Tangible fixed assets | 22/27 | €104,820 | €91,604 | -€13,216 | -12.6% |
| Land and buildings | 22 | €94,059 | €83,034 | -€11,025 | -11.7% |
| Plant, machinery and equipment | 23 | €10,580 | €8,570 | -€2,010 | -19.0% |
| Furniture and vehicles | 24 | €181 | - | -€181 | |
| Current assets | 29/58 | €37,248 | €38,431 | +€1,183 | +3.2% |
| Stocks and contracts in progress | 3 | €8,602 | €7,905 | -€697 | -8.1% |
| Stocks | 30/36 | €8,602 | €7,905 | -€697 | -8.1% |
| Amounts receivable within one year | 40/41 | €19,178 | €19,801 | +€623 | +3.2% |
| Trade receivables | 40 | €19,036 | €19,801 | +€765 | +4.0% |
| Other amounts receivable | 41 | €142 | - | -€142 | |
| Cash at bank and in hand | 54/58 | €9,224 | €10,474 | +€1,250 | +13.6% |
| Deferred charges and accrued income | 490/1 | €244 | €251 | +€7 | +2.9% |
| Total equity and liabilities | 10/49 | €142,068 | €130,036 | -€12,032 | -8.5% |
| Equity | 10/15 | €46,370 | €48,489 | +€2,118 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,770 | €29,889 | +€2,118 | +7.6% |
| 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 | €25,910 | €28,029 | +€2,118 | +8.2% |
| Amounts payable | 17/49 | €95,697 | €81,547 | -€14,150 | -14.8% |
| Amounts payable after more than one year | 17 | €63,996 | €58,203 | -€5,793 | -9.1% |
| Financial debts | 170/4 | €63,996 | €58,203 | -€5,793 | -9.1% |
| Amounts payable within one year | 42/48 | €31,702 | €23,344 | -€8,358 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €24,923 | €5,793 | -€19,130 | -76.8% |
| Trade debts | 44 | €2,751 | €9,553 | +€6,803 | +247% |
| Suppliers | 440/4 | €2,751 | €9,553 | +€6,803 | +247% |
| Taxes, remuneration and social security | 45 | €4,028 | €7,998 | +€3,970 | +98.5% |
| Taxes | 450/3 | €4,028 | €7,998 | +€3,970 | +98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,249 | €13,216 | -€6,034 | -31.3% |
| Other operating charges | 640/8 | €2,971 | €3,058 | +€87 | +2.9% |
| Gross operating margin | 9900 | €33,953 | €20,931 | -€13,022 | -38.4% |
| Operating profit (loss) | 9901 | €11,733 | €4,658 | -€7,075 | -60.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,396 | €35 | -€3,362 | -99.0% |
| Recurring financial charges | 65 | €3,396 | €35 | -€3,362 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €8,337 | €4,623 | -€3,714 | -44.5% |
| Income taxes | 67/77 | €3,437 | €2,505 | -€932 | -27.1% |
| Profit (loss) for the period | 9904 | €4,900 | €2,118 | -€2,782 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,900 | €2,118 | -€2,782 | -56.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.