FIVE PRODUCTIONS: 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.
FIVE PRODUCTIONS
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+10,922%), from €10,024 to €1.1m
of which Land and buildings: +€1.1m
- Receivables within one year -€43,556
down €43,556 (-21.3%), from €204,699 to €161,143
of which Trade receivables: -€42,491
- Cash -€23,562
down €23,562 (-6.1%), from €387,628 to €364,066
mainly Investment in fixed assets (net) (-€1.1m) and Trade debts (-€31,813)
- Debts after one year +€609,658
new in 2024: €609,658
- Current portion of long-term debt +€240,342
new in 2024: €240,342
- Tax, wage and social debts +€111,562
up €111,562 (+60.3%), from €185,076 to €296,638
of which Taxes: +€106,583
- Reserves +€91,214
up €91,214 (+44.3%), from €206,129 to €297,343
of which Distributable reserves: +€91,214
- Trade debts -€31,813
down €31,813 (-32.3%), from €98,529 to €66,716
- Other operating charges +€125,528
up €125,528 (+998%), from €12,579 to €138,107
- Gross operating margin +€113,520
up €113,520 (+36.3%), from €312,864 to €426,385
- Staff costs +€52,162
up €52,162 (+61.5%), from €84,797 to €136,959
- Taxes -€19,486
down €19,486 (-29.4%), from €66,179 to €46,693
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 | €604,956 | €1,630,024 | +€1.0m | +169% |
| Fixed assets | 21/28 | €10,024 | €1,104,815 | +€1.1m | +10,922% |
| Tangible fixed assets | 22/27 | €10,024 | €1,104,815 | +€1.1m | +10,922% |
| Land and buildings | 22 | - | €1,098,152 | +€1.1m | |
| Plant, machinery and equipment | 23 | €9,462 | €6,242 | -€3,220 | -34.0% |
| Furniture and vehicles | 24 | €562 | €421 | -€141 | -25.0% |
| Current assets | 29/58 | €594,932 | €525,209 | -€69,723 | -11.7% |
| Amounts receivable within one year | 40/41 | €204,699 | €161,143 | -€43,556 | -21.3% |
| Trade receivables | 40 | €124,081 | €81,590 | -€42,491 | -34.2% |
| Other amounts receivable | 41 | €80,618 | €79,553 | -€1,065 | -1.3% |
| Cash at bank and in hand | 54/58 | €387,628 | €364,066 | -€23,562 | -6.1% |
| Deferred charges and accrued income | 490/1 | €2,605 | €0 | -€2,605 | -100% |
| Total equity and liabilities | 10/49 | €604,956 | €1,630,024 | +€1.0m | +169% |
| Equity | 10/15 | €306,515 | €397,729 | +€91,214 | +29.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €206,129 | €297,343 | +€91,214 | +44.3% |
| 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 | €204,269 | €295,483 | +€91,214 | +44.7% |
| Profit (loss) carried forward | 14 | €94,187 | €94,187 | = | 0.0% |
| Amounts payable | 17/49 | €298,440 | €1,232,295 | +€933,854 | +313% |
| Amounts payable after more than one year | 17 | - | €609,658 | +€609,658 | |
| Financial debts | 170/4 | - | €609,658 | +€609,658 | |
| Amounts payable within one year | 42/48 | €298,440 | €622,636 | +€324,196 | +109% |
| Current portion of amounts payable after more than one year | 42 | - | €240,342 | +€240,342 | |
| Trade debts | 44 | €98,529 | €66,716 | -€31,813 | -32.3% |
| Suppliers | 440/4 | €98,529 | €66,716 | -€31,813 | -32.3% |
| Taxes, remuneration and social security | 45 | €185,076 | €296,638 | +€111,562 | +60.3% |
| Taxes | 450/3 | €180,043 | €286,626 | +€106,583 | +59.2% |
| Remuneration and social security | 454/9 | €5,033 | €10,012 | +€4,979 | +98.9% |
| Other amounts payable | 47/48 | €14,836 | €18,941 | +€4,105 | +27.7% |
| Remuneration, social security and pensions | 62 | €84,797 | €136,959 | +€52,162 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,075 | €5,209 | +€134 | +2.6% |
| Other operating charges | 640/8 | €12,579 | €138,107 | +€125,528 | +998% |
| Gross operating margin | 9900 | €312,864 | €426,385 | +€113,520 | +36.3% |
| Operating profit (loss) | 9901 | €210,413 | €146,110 | -€64,303 | -30.6% |
| Financial income | 75/76B | €921 | €1,021 | +€101 | +10.9% |
| Recurring financial income | 75 | €921 | €1,021 | +€101 | +10.9% |
| Financial charges | 65/66B | €2,616 | €4,224 | +€1,608 | +61.5% |
| Recurring financial charges | 65 | €2,616 | €4,224 | +€1,608 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €208,717 | €142,907 | -€65,811 | -31.5% |
| Income taxes | 67/77 | €66,179 | €46,693 | -€19,486 | -29.4% |
| Profit (loss) for the period | 9904 | €142,538 | €96,214 | -€46,324 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,538 | €96,214 | -€46,324 | -32.5% |
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 22 October 2026 via checked.be.