Générations: 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.
What changed
Générations
NACE 94.999, Other membership organisations
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2023 · €828,374+€823,830
Equity
€10.2m
2023 · €8.5m+€1.7m
Cash
€1.9m
2023 · €1.8m+€115,215
Balance sheet total
€13.3m
2023 · €12.0m+€1.3m
Largest movements
Assets
- Tangible fixed assets +€992,700
up €992,700 (+11.1%), from €8.9m to €9.9m
of which Land and buildings: +€966,400
Equity and liabilities
- Profit (loss) carried forward +€1.7m
up €1.7m (+21.7%), from €7.6m to €9.3m
- Debts within one year -€228,359
down €228,359 (-15.2%), from €1.5m to €1.3m
- Debts after one year -€150,000
down €150,000 (-8.0%), from €1.9m to €1.7m
Income statement
- Gross operating margin +€754,518
up €754,518 (+47.4%), from €1.6m to €2.3m
- Other operating charges -€279,707
down €279,707 (-70.4%), from €397,348 to €117,641
- Depreciation +€236,644
up €236,644 (+95.0%), from €249,053 to €485,697
- Staff costs -€24,254
down €24,254 (-21.0%), from €115,601 to €91,346
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.
Result 2023
€828,374
Gross operating margin
+€754,518
Staff costs
+€24,254
Depreciation
-€236,644
Other operating charges
+€279,707
Financial income
+€3,785
Financial charges
-€1,791
Result 2024
€1.7m
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.
From operations
+€1.7m
Investment
-€1.5m
Financing
-€150,000
Cash 2023
€1.8m
From operations (derived)
+€1.7m
Net result for the year
+€1.7m
Depreciation
+€485,697
Receivables after one year
-€40,000
Receivables within one year
-€77,413
Deferred charges and accrued income
-€62,814
Debts within one year
-€228,359
Accrued charges and deferred income
+€14,297
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
-€150,000
Debts after one year
-€150,000
Cash 2024
€1.9m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,984,543 | €13,272,685 | +€1.3m | +10.7% |
| Fixed assets | 21/28 | €8,906,036 | €9,898,736 | +€992,700 | +11.1% |
| Tangible fixed assets | 22/27 | €8,903,560 | €9,896,259 | +€992,700 | +11.1% |
| Land and buildings | 22 | €8,562,193 | €9,528,593 | +€966,400 | +11.3% |
| Plant, machinery and equipment | 23 | €127,103 | €176,803 | +€49,700 | +39.1% |
| Furniture and vehicles | 24 | €34,592 | €63,958 | +€29,367 | +84.9% |
| Other tangible fixed assets | 26 | €149,043 | €126,904 | -€22,139 | -14.9% |
| Assets under construction and advance payments | 27 | €30,628 | - | -€30,628 | |
| Financial fixed assets | 28 | €2,477 | €2,477 | = | 0.0% |
| Current assets | 29/58 | €3,078,507 | €3,373,949 | +€295,442 | +9.6% |
| Amounts receivable after more than one year | 29 | €1,182,800 | €1,222,800 | +€40,000 | +3.4% |
| Other amounts receivable | 291 | €1,182,800 | €1,222,800 | +€40,000 | +3.4% |
| Amounts receivable within one year | 40/41 | €39,592 | €117,006 | +€77,413 | +195.5% |
| Trade receivables | 40 | €8,777 | €17,006 | +€8,229 | +93.8% |
| Other amounts receivable | 41 | €30,816 | €100,000 | +€69,184 | +224.5% |
| Cash at bank and in hand | 54/58 | €1,780,771 | €1,895,986 | +€115,215 | +6.5% |
| Deferred charges and accrued income | 490/1 | €75,344 | €138,157 | +€62,814 | +83.4% |
| Total equity and liabilities | 10/49 | €11,984,543 | €13,272,685 | +€1.3m | +10.7% |
| Equity | 10/15 | €8,543,239 | €10,195,443 | +€1.7m | +19.3% |
| Contributions | 10/11 | €933,037 | €933,037 | = | 0.0% |
| Capital | 10 | €933,037 | €933,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,610,202 | €9,262,405 | +€1.7m | +21.7% |
| Amounts payable | 17/49 | €3,441,304 | €3,077,242 | -€364,062 | -10.6% |
| Amounts payable after more than one year | 17 | €1,870,000 | €1,720,000 | -€150,000 | -8.0% |
| Other amounts payable | 178/9 | €1,870,000 | €1,720,000 | -€150,000 | -8.0% |
| Amounts payable within one year | 42/48 | €1,502,261 | €1,273,901 | -€228,359 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €151,586 | +€1,586 | +1.1% |
| Trade debts | 44 | €45,096 | €11,217 | -€33,879 | -75.1% |
| Suppliers | 440/4 | €45,096 | €11,217 | -€33,879 | -75.1% |
| Taxes, remuneration and social security | 45 | €16,165 | €18,899 | +€2,734 | +16.9% |
| Taxes | 450/3 | €1,099 | €1,100 | +€1 | +0.1% |
| Remuneration and social security | 454/9 | €15,066 | €17,799 | +€2,733 | +18.1% |
| Accrued charges and deferred income | 492/3 | €69,043 | €83,340 | +€14,297 | +20.7% |
| Remuneration, social security and pensions | 62 | €115,601 | €91,346 | -€24,254 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249,053 | €485,697 | +€236,644 | +95.0% |
| Other operating charges | 640/8 | €397,348 | €117,641 | -€279,707 | -70.4% |
| Gross operating margin | 9900 | €1,592,207 | €2,346,725 | +€754,518 | +47.4% |
| Operating profit (loss) | 9901 | €830,205 | €1,652,040 | +€821,836 | +99.0% |
| Financial income | 75/76B | €492 | €4,276 | +€3,785 | +770.0% |
| Recurring financial income | 75 | €492 | €4,276 | +€3,785 | +770.0% |
| Financial charges | 65/66B | €2,322 | €4,113 | +€1,791 | +77.1% |
| Recurring financial charges | 65 | €2,322 | €4,113 | +€1,791 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | €828,374 | €1,652,204 | +€823,830 | +99.5% |
| Profit (loss) for the period | 9904 | €828,374 | €1,652,204 | +€823,830 | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €828,374 | €1,652,204 | +€823,830 | +99.5% |
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 8 October 2026 via checked.be.