generations-coe: 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.
generations-coe
Largest movements
- Cash -€4,136
down €4,136 (-1.4%), from €295,177 to €291,041
mainly Accrued charges and deferred income (-€97,183) and Receivables within one year (-€1,174)
- Accrued charges and deferred income -€97,183
down €97,183 (-100.0%), from €97,190 to €7
- Debts within one year +€92,848
up €92,848 (+39.6%), from €234,588 to €327,436
- Staff costs +€15,007
up €15,007 (+4.1%), from €363,320 to €378,327
- Gross operating margin +€13,215
up €13,215 (+3.6%), from €365,381 to €378,596
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 | €351,897 | €346,794 | -€5,103 | -1.5% |
| Fixed assets | 21/28 | €11,247 | €9,185 | -€2,063 | -18.3% |
| Tangible fixed assets | 22/27 | €11,247 | €9,185 | -€2,063 | -18.3% |
| Plant, machinery and equipment | 23 | €720 | €540 | -€180 | -25.0% |
| Other tangible fixed assets | 26 | €10,527 | €8,645 | -€1,883 | -17.9% |
| Current assets | 29/58 | €340,650 | €337,609 | -€3,041 | -0.9% |
| Amounts receivable within one year | 40/41 | €44,730 | €45,903 | +€1,174 | +2.6% |
| Other amounts receivable | 41 | €44,730 | €45,903 | +€1,174 | +2.6% |
| Cash at bank and in hand | 54/58 | €295,177 | €291,041 | -€4,136 | -1.4% |
| Deferred charges and accrued income | 490/1 | €743 | €665 | -€78 | -10.5% |
| Total equity and liabilities | 10/49 | €351,897 | €346,794 | -€5,103 | -1.5% |
| Equity | 10/15 | €20,119 | €19,351 | -€769 | -3.8% |
| Profit (loss) carried forward | 14 | €20,119 | €19,351 | -€769 | -3.8% |
| Amounts payable | 17/49 | €331,778 | €327,443 | -€4,335 | -1.3% |
| Amounts payable within one year | 42/48 | €234,588 | €327,436 | +€92,848 | +39.6% |
| Trade debts | 44 | €251 | €5,094 | +€4,842 | +1925.6% |
| Suppliers | 440/4 | €251 | €5,094 | +€4,842 | +1925.6% |
| Taxes, remuneration and social security | 45 | €99,942 | €52,976 | -€46,965 | -47.0% |
| Taxes | 450/3 | €46,488 | €3,325 | -€43,163 | -92.8% |
| Remuneration and social security | 454/9 | €53,453 | €49,651 | -€3,803 | -7.1% |
| Accrued charges and deferred income | 492/3 | €97,190 | €7 | -€97,183 | -100.0% |
| Remuneration, social security and pensions | 62 | €363,320 | €378,327 | +€15,007 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,063 | €2,063 | = | 0.0% |
| Other operating charges | 640/8 | €3,195 | €467 | -€2,728 | -85.4% |
| Gross operating margin | 9900 | €365,381 | €378,596 | +€13,215 | +3.6% |
| Operating profit (loss) | 9901 | -€3,196 | -€2,261 | +€935 | +29.3% |
| Financial income | 75/76B | €962 | €3,342 | +€2,380 | +247.4% |
| Recurring financial income | 75 | €962 | €3,342 | +€2,380 | +247.4% |
| Financial charges | 65/66B | €1,625 | €942 | -€683 | -42.0% |
| Recurring financial charges | 65 | €1,625 | €942 | -€683 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,860 | €139 | +€3,999 | |
| Income taxes | 67/77 | €289 | €908 | +€619 | +214.5% |
| Profit (loss) for the period | 9904 | -€4,148 | -€769 | +€3,380 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,148 | -€769 | +€3,380 | +81.5% |
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 29 September 2026 via checked.be.