Greater Good: 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.
Greater Good
Largest movements
- Tangible fixed assets +€394,907
up €394,907 (+22,679%), from €1,741 to €396,648
of which Other tangible fixed assets: +€326,949
- Intangible fixed assets +€251,955
new in 2024: €251,955
- Cash +€173,870
up €173,870 (+656%), from €26,511 to €200,381
mainly Other debts (+€677,889) and Debts after one year (+€264,849)
- Stocks and contracts +€96,351
new in 2024: €96,351
- Receivables within one year +€60,771
up €60,771 (+49.1%), from €123,717 to €184,488
of which Other amounts receivable: +€60,766
- Other debts +€677,889
up €677,889 (+1,039%), from €65,227 to €743,116
- Debts after one year +€264,849
new in 2024: €264,849
- Profit (loss) carried forward -€47,512
down €47,512 (-31.0%), from -€153,192 to -€200,705
- Trade debts +€46,019
up €46,019 (+2,194%), from €2,097 to €48,117
- Current portion of long-term debt +€26,447
new in 2024: €26,447
- Staff costs +€82,608
new in 2024: €82,608
- Gross operating margin +€81,034
up €81,034, from -€562 to €80,472
- Depreciation +€43,593
up €43,593 (+5,736%), from €760 to €44,353
- Financial charges -€3,165
down €3,165 (-34.7%), from €9,126 to €5,961
- Financial income +€2,677
up €2,677 (+78.4%), from €3,415 to €6,093
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 | €152,129 | €1,131,068 | +€978,939 | +643% |
| Fixed assets | 21/28 | €1,741 | €648,603 | +€646,862 | +37,148% |
| Intangible fixed assets | 21 | - | €251,955 | +€251,955 | |
| Tangible fixed assets | 22/27 | €1,741 | €396,648 | +€394,907 | +22,679% |
| Plant, machinery and equipment | 23 | - | €64,107 | +€64,107 | |
| Furniture and vehicles | 24 | €1,741 | €5,593 | +€3,851 | +221% |
| Other tangible fixed assets | 26 | - | €326,949 | +€326,949 | |
| Current assets | 29/58 | €150,388 | €482,465 | +€332,078 | +221% |
| Stocks and contracts in progress | 3 | - | €96,351 | +€96,351 | |
| Stocks | 30/36 | - | €96,351 | +€96,351 | |
| Amounts receivable within one year | 40/41 | €123,717 | €184,488 | +€60,771 | +49.1% |
| Trade receivables | 40 | €8,450 | €8,456 | +€5 | +0.1% |
| Other amounts receivable | 41 | €115,267 | €176,032 | +€60,766 | +52.7% |
| Cash at bank and in hand | 54/58 | €26,511 | €200,381 | +€173,870 | +656% |
| Deferred charges and accrued income | 490/1 | €159 | €1,245 | +€1,086 | +683% |
| Total equity and liabilities | 10/49 | €152,129 | €1,131,068 | +€978,939 | +643% |
| Equity | 10/15 | €74,863 | €27,350 | -€47,512 | -63.5% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €228,055 | €228,055 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €228,055 | €228,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,192 | -€200,705 | -€47,512 | -31.0% |
| Amounts payable | 17/49 | €77,266 | €1,103,718 | +€1.0m | +1,328% |
| Amounts payable after more than one year | 17 | - | €264,849 | +€264,849 | |
| Financial debts | 170/4 | - | €264,849 | +€264,849 | |
| Amounts payable within one year | 42/48 | €69,872 | €838,869 | +€768,997 | +1,101% |
| Current portion of amounts payable after more than one year | 42 | - | €26,447 | +€26,447 | |
| Trade debts | 44 | €2,097 | €48,117 | +€46,019 | +2,194% |
| Suppliers | 440/4 | €2,097 | €48,117 | +€46,019 | +2,194% |
| Taxes, remuneration and social security | 45 | €2,548 | €21,189 | +€18,642 | +732% |
| Taxes | 450/3 | €2,548 | €1,580 | -€968 | -38.0% |
| Remuneration and social security | 454/9 | - | €19,609 | +€19,609 | |
| Other amounts payable | 47/48 | €65,227 | €743,116 | +€677,889 | +1,039% |
| Accrued charges and deferred income | 492/3 | €7,394 | €0 | -€7,394 | -100% |
| Non-recurring operating income | 76A | €2,050 | €0 | -€2,050 | -100% |
| Remuneration, social security and pensions | 62 | - | €82,608 | +€82,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €760 | €44,353 | +€43,593 | +5,736% |
| Other operating charges | 640/8 | €411 | €987 | +€576 | +140% |
| Gross operating margin | 9900 | -€562 | €80,472 | +€81,034 | |
| Operating profit (loss) | 9901 | -€1,733 | -€47,476 | -€45,743 | -2,640% |
| Financial income | 75/76B | €3,415 | €6,093 | +€2,677 | +78.4% |
| Recurring financial income | 75 | €3,415 | €6,093 | +€2,677 | +78.4% |
| Financial charges | 65/66B | €9,126 | €5,961 | -€3,165 | -34.7% |
| Recurring financial charges | 65 | €9,126 | €5,961 | -€3,165 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,444 | -€47,344 | -€39,900 | -536% |
| Income taxes | 67/77 | €166 | €169 | +€3 | +1.6% |
| Profit (loss) for the period | 9904 | -€7,610 | -€47,512 | -€39,902 | -524% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,610 | -€47,512 | -€39,902 | -524% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.