Green-label: 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.
Green-label
Largest movements
- Tangible fixed assets -€74,564
down €74,564 (-99.6%), from €74,826 to €262
of which Land and buildings: -€73,130
- Cash +€5,032
up €5,032 (+61.7%), from €8,151 to €13,183
mainly Investment in fixed assets (net) (+€73,130) and Net result for the year (+€11,107)
- Receivables within one year +€3,297
up €3,297 (+46.0%), from €7,175 to €10,472
of which Trade receivables: +€2,847
- Debts after one year -€71,238
no longer reported in 2024 (was €71,238)
- Profit (loss) carried forward +€11,107
up €11,107 (+73.0%), from -€15,205 to -€4,098
- Other debts -€4,416
down €4,416 (-51.5%), from €8,571 to €4,155
- Current portion of long-term debt -€2,724
no longer reported in 2024 (was €2,724)
- Financial income +€23,003
new in 2024: €23,003
- Depreciation -€5,577
down €5,577 (-79.5%), from €7,011 to €1,434
- Other operating charges +€4,139
up €4,139 (+160.3%), from €2,582 to €6,721
- Gross operating margin -€2,075
down €2,075 (-190.4%), from -€1,090 to -€3,165
- Financial charges -€1,628
no longer reported in 2024 (was €1,628)
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 | €94,776 | €28,541 | -€66,235 | -69.9% |
| Fixed assets | 21/28 | €77,926 | €3,362 | -€74,564 | -95.7% |
| Tangible fixed assets | 22/27 | €74,826 | €262 | -€74,564 | -99.6% |
| Land and buildings | 22 | €73,130 | - | -€73,130 | |
| Plant, machinery and equipment | 23 | €1,431 | €262 | -€1,169 | -81.7% |
| Other tangible fixed assets | 26 | €265 | - | -€265 | |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €16,850 | €25,179 | +€8,329 | +49.4% |
| Amounts receivable within one year | 40/41 | €7,175 | €10,472 | +€3,297 | +46.0% |
| Trade receivables | 40 | €4,757 | €7,604 | +€2,847 | +59.8% |
| Other amounts receivable | 41 | €2,418 | €2,868 | +€450 | +18.6% |
| Cash at bank and in hand | 54/58 | €8,151 | €13,183 | +€5,032 | +61.7% |
| Deferred charges and accrued income | 490/1 | €1,524 | €1,524 | = | 0.0% |
| Total equity and liabilities | 10/49 | €94,776 | €28,541 | -€66,235 | -69.9% |
| Equity | 10/15 | €4,528 | €15,635 | +€11,107 | +245.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,133 | €1,133 | = | 0.0% |
| Distributable reserves | 133 | €1,133 | €1,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,205 | -€4,098 | +€11,107 | +73.0% |
| Amounts payable | 17/49 | €90,248 | €12,906 | -€77,342 | -85.7% |
| Amounts payable after more than one year | 17 | €71,238 | - | -€71,238 | |
| Financial debts | 170/4 | €71,238 | - | -€71,238 | |
| Amounts payable within one year | 42/48 | €19,010 | €12,906 | -€6,104 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €2,724 | - | -€2,724 | |
| Trade debts | 44 | €2,341 | €2,748 | +€407 | +17.4% |
| Suppliers | 440/4 | €2,341 | €2,748 | +€407 | +17.4% |
| Taxes, remuneration and social security | 45 | €5,374 | €6,003 | +€629 | +11.7% |
| Taxes | 450/3 | €4,066 | €5,460 | +€1,394 | +34.3% |
| Remuneration and social security | 454/9 | €1,308 | €543 | -€765 | -58.5% |
| Other amounts payable | 47/48 | €8,571 | €4,155 | -€4,416 | -51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,011 | €1,434 | -€5,577 | -79.5% |
| Other operating charges | 640/8 | €2,582 | €6,721 | +€4,139 | +160.3% |
| Gross operating margin | 9900 | -€1,090 | -€3,165 | -€2,075 | -190.4% |
| Operating profit (loss) | 9901 | -€10,683 | -€11,320 | -€637 | -6.0% |
| Financial income | 75/76B | - | €23,003 | +€23,003 | |
| Recurring financial income | 75 | - | €23,003 | +€23,003 | |
| Financial charges | 65/66B | €1,628 | - | -€1,628 | |
| Recurring financial charges | 65 | €1,628 | - | -€1,628 | |
| Profit (loss) for the period before taxes | 9903 | -€12,311 | €11,683 | +€23,994 | |
| Income taxes | 67/77 | €573 | €576 | +€3 | +0.5% |
| Profit (loss) for the period | 9904 | -€12,884 | €11,107 | +€23,991 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,884 | €11,107 | +€23,991 |
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 12 October 2026 via checked.be.