GENERAL ESTATES: 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.
GENERAL ESTATES
Largest movements
- Receivables within one year +€151,155
up €151,155 (+76.4%), from €197,780 to €348,935
of which Trade receivables: +€150,000
- Tangible fixed assets -€30,394
down €30,394 (-23.1%), from €131,535 to €101,141
- Other debts +€330,835
up €330,835 (+114.3%), from €289,423 to €620,258
- Debts after one year -€158,943
no longer reported in 2024 (was €158,943)
- Profit (loss) carried forward -€61,801
down €61,801 (-16.0%), from -€387,037 to -€448,838
- Trade debts +€11,162
up €11,162 (+11.4%), from €97,688 to €108,850
- Other operating charges -€72,644
down €72,644 (-84.2%), from €86,264 to €13,620
- Gross operating margin -€37,224
down €37,224, from €30,976 to -€6,248
- Financial charges -€34,552
down €34,552 (-75.0%), from €46,091 to €11,539
- Depreciation +€10,315
up €10,315 (+51.4%), from €20,079 to €30,394
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 | €329,443 | €450,696 | +€121,253 | +36.8% |
| Fixed assets | 21/28 | €131,535 | €101,141 | -€30,394 | -23.1% |
| Tangible fixed assets | 22/27 | €131,535 | €101,141 | -€30,394 | -23.1% |
| Land and buildings | 22 | €131,535 | €101,141 | -€30,394 | -23.1% |
| Current assets | 29/58 | €197,908 | €349,555 | +€151,647 | +76.6% |
| Amounts receivable within one year | 40/41 | €197,780 | €348,935 | +€151,155 | +76.4% |
| Trade receivables | 40 | €40,965 | €190,965 | +€150,000 | +366.2% |
| Other amounts receivable | 41 | €156,815 | €157,970 | +€1,155 | +0.7% |
| Cash at bank and in hand | 54/58 | €128 | €620 | +€492 | +384.4% |
| Total equity and liabilities | 10/49 | €329,443 | €450,696 | +€121,253 | +36.8% |
| Equity | 10/15 | -€216,611 | -€278,412 | -€61,801 | -28.5% |
| Contributions | 10/11 | €154,933 | €154,933 | = | 0.0% |
| Capital | 10 | €154,933 | €154,933 | = | 0.0% |
| Issued capital | 100 | €154,933 | €154,933 | = | 0.0% |
| Reserves | 13 | €15,493 | €15,493 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,493 | €15,493 | = | 0.0% |
| Legal reserve | 130 | €15,493 | €15,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€387,037 | -€448,838 | -€61,801 | -16.0% |
| Amounts payable | 17/49 | €546,054 | €729,108 | +€183,054 | +33.5% |
| Amounts payable after more than one year | 17 | €158,943 | - | -€158,943 | |
| Financial debts | 170/4 | €158,943 | - | -€158,943 | |
| Amounts payable within one year | 42/48 | €387,111 | €729,108 | +€341,997 | +88.3% |
| Trade debts | 44 | €97,688 | €108,850 | +€11,162 | +11.4% |
| Suppliers | 440/4 | €97,688 | €108,850 | +€11,162 | +11.4% |
| Other amounts payable | 47/48 | €289,423 | €620,258 | +€330,835 | +114.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,079 | €30,394 | +€10,315 | +51.4% |
| Other operating charges | 640/8 | €86,264 | €13,620 | -€72,644 | -84.2% |
| Gross operating margin | 9900 | €30,976 | -€6,248 | -€37,224 | |
| Operating profit (loss) | 9901 | -€75,367 | -€50,262 | +€25,105 | +33.3% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €46,091 | €11,539 | -€34,552 | -75.0% |
| Recurring financial charges | 65 | €46,091 | €11,539 | -€34,552 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | -€121,430 | -€61,801 | +€59,629 | +49.1% |
| Profit (loss) for the period | 9904 | -€121,430 | -€61,801 | +€59,629 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,430 | -€61,801 | +€59,629 | +49.1% |
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 4 October 2026 via checked.be.