HENRIET TILKIN: 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.
HENRIET TILKIN
Largest movements
- Tangible fixed assets -€12,044
down €12,044 (-3.1%), from €385,926 to €373,882
- Debts after one year -€10,875
down €10,875 (-11.4%), from €94,988 to €84,113
- Gross operating margin +€5,686
up €5,686 (+22.2%), from €25,629 to €31,315
- Taxes +€5,325
up €5,325 (+2,351%), from €227 to €5,551
- Depreciation -€2,728
down €2,728 (-15.6%), from €17,490 to €14,762
- Financial charges -€338
down €338 (-9.9%), from €3,433 to €3,094
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 | €389,991 | €382,796 | -€7,195 | -1.8% |
| Fixed assets | 21/28 | €385,984 | €373,940 | -€12,044 | -3.1% |
| Tangible fixed assets | 22/27 | €385,926 | €373,882 | -€12,044 | -3.1% |
| Land and buildings | 22 | €385,926 | €373,882 | -€12,044 | -3.1% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €4,007 | €8,856 | +€4,848 | +121% |
| Amounts receivable within one year | 40/41 | - | €1,398 | +€1,398 | |
| Other amounts receivable | 41 | - | €1,398 | +€1,398 | |
| Cash at bank and in hand | 54/58 | €3,601 | €7,457 | +€3,856 | +107% |
| Deferred charges and accrued income | 490/1 | €406 | - | -€406 | |
| Total equity and liabilities | 10/49 | €389,991 | €382,796 | -€7,195 | -1.8% |
| Equity | 10/15 | €41,942 | €45,163 | +€3,221 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,556 | €22,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,696 | €20,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | €786 | €4,006 | +€3,221 | +410% |
| Amounts payable | 17/49 | €348,049 | €337,633 | -€10,416 | -3.0% |
| Amounts payable after more than one year | 17 | €94,988 | €84,113 | -€10,875 | -11.4% |
| Financial debts | 170/4 | €94,988 | €84,113 | -€10,875 | -11.4% |
| Amounts payable within one year | 42/48 | €253,061 | €253,520 | +€459 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €11,736 | €11,854 | +€118 | +1.0% |
| Financial debts | 43 | - | €500 | +€500 | |
| Credit institutions | 430/8 | - | €500 | +€500 | |
| Trade debts | 44 | €2,490 | - | -€2,490 | |
| Suppliers | 440/4 | €2,490 | - | -€2,490 | |
| Taxes, remuneration and social security | 45 | €8,045 | €10,157 | +€2,112 | +26.2% |
| Taxes | 450/3 | €8,045 | €10,157 | +€2,112 | +26.2% |
| Other amounts payable | 47/48 | €230,790 | €231,009 | +€220 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,490 | €14,762 | -€2,728 | -15.6% |
| Other operating charges | 640/8 | €4,931 | €4,687 | -€244 | -4.9% |
| Gross operating margin | 9900 | €25,629 | €31,315 | +€5,686 | +22.2% |
| Operating profit (loss) | 9901 | €3,209 | €11,866 | +€8,658 | +270% |
| Financial charges | 65/66B | €3,433 | €3,094 | -€338 | -9.9% |
| Recurring financial charges | 65 | €3,433 | €3,094 | -€338 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€224 | €8,772 | +€8,996 | |
| Income taxes | 67/77 | €227 | €5,551 | +€5,325 | +2,351% |
| Profit (loss) for the period | 9904 | -€451 | €3,221 | +€3,671 | |
| Profit (loss) for the period to be appropriated | 9905 | -€451 | €3,221 | +€3,671 |
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 28 October 2026 via checked.be.