GOODS: 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.
GOODS
Largest movements
- Tangible fixed assets -€52,995
down €52,995 (-8.6%), from €617,207 to €564,212
of which Land and buildings: -€42,311
- Receivables within one year +€47,002
up €47,002 (+163%), from €28,807 to €75,809
of which Other amounts receivable: +€61,109
- Cash +€11,232
up €11,232 (+177%), from €6,338 to €17,569
mainly Trade debts (+€78,956) and Depreciation (+€59,810)
- Trade debts +€78,956
up €78,956 (+212%), from €37,277 to €116,233
- Debts after one year -€46,621
down €46,621 (-12.8%), from €365,382 to €318,762
- Other debts -€11,944
down €11,944 (-2.8%), from €427,860 to €415,917
- Advances received -€8,400
down €8,400 (-80.8%), from €10,400 to €2,000
- Profit (loss) carried forward -€7,512
down €7,512 (-3.0%), from -€253,587 to -€261,099
- Gross operating margin +€23,508
up €23,508 (+51.0%), from €46,116 to €69,624
- Other operating charges +€3,833
up €3,833 (+83.6%), from €4,587 to €8,420
- Depreciation +€3,620
up €3,620 (+6.4%), from €56,190 to €59,810
- Financial charges -€737
down €737 (-7.5%), from €9,853 to €9,116
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 | €652,412 | €660,577 | +€8,165 | +1.3% |
| Fixed assets | 21/28 | €617,207 | €564,212 | -€52,995 | -8.6% |
| Tangible fixed assets | 22/27 | €617,207 | €564,212 | -€52,995 | -8.6% |
| Land and buildings | 22 | €567,974 | €525,663 | -€42,311 | -7.4% |
| Plant, machinery and equipment | 23 | €49,233 | €38,549 | -€10,685 | -21.7% |
| Current assets | 29/58 | €35,205 | €96,365 | +€61,160 | +174% |
| Amounts receivable within one year | 40/41 | €28,807 | €75,809 | +€47,002 | +163% |
| Trade receivables | 40 | €28,520 | €14,413 | -€14,107 | -49.5% |
| Other amounts receivable | 41 | €286 | €61,396 | +€61,109 | +21,356% |
| Cash at bank and in hand | 54/58 | €6,338 | €17,569 | +€11,232 | +177% |
| Deferred charges and accrued income | 490/1 | €61 | €2,987 | +€2,926 | +4,792% |
| Total equity and liabilities | 10/49 | €652,412 | €660,577 | +€8,165 | +1.3% |
| Equity | 10/15 | -€234,987 | -€242,499 | -€7,512 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,587 | -€261,099 | -€7,512 | -3.0% |
| Amounts payable | 17/49 | €887,399 | €903,076 | +€15,677 | +1.8% |
| Amounts payable after more than one year | 17 | €365,382 | €318,762 | -€46,621 | -12.8% |
| Financial debts | 170/4 | €365,382 | €318,762 | -€46,621 | -12.8% |
| Amounts payable within one year | 42/48 | €522,016 | €584,314 | +€62,298 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €46,479 | €46,621 | +€142 | +0.3% |
| Trade debts | 44 | €37,277 | €116,233 | +€78,956 | +212% |
| Suppliers | 440/4 | €37,277 | €116,233 | +€78,956 | +212% |
| Advances received on contracts in progress | 46 | €10,400 | €2,000 | -€8,400 | -80.8% |
| Taxes, remuneration and social security | 45 | €0 | €3,544 | +€3,544 | |
| Taxes | 450/3 | €0 | €3,544 | +€3,544 | |
| Other amounts payable | 47/48 | €427,860 | €415,917 | -€11,944 | -2.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,190 | €59,810 | +€3,620 | +6.4% |
| Other operating charges | 640/8 | €4,587 | €8,420 | +€3,833 | +83.6% |
| Gross operating margin | 9900 | €46,116 | €69,624 | +€23,508 | +51.0% |
| Operating profit (loss) | 9901 | -€14,660 | €1,394 | +€16,054 | |
| Financial income | 75/76B | €0 | €209 | +€209 | |
| Recurring financial income | 75 | €0 | €209 | +€209 | |
| Financial charges | 65/66B | €9,853 | €9,116 | -€737 | -7.5% |
| Recurring financial charges | 65 | €9,853 | €9,116 | -€737 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,513 | -€7,512 | +€17,001 | +69.4% |
| Profit (loss) for the period | 9904 | -€24,513 | -€7,512 | +€17,001 | +69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,513 | -€7,512 | +€17,001 | +69.4% |
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 20 October 2026 via checked.be.