Improve Landscape: 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.
Improve Landscape
Largest movements
- Tangible fixed assets +€45,230
up €45,230 (+624.0%), from €7,248 to €52,479
of which Land and buildings: +€46,680
- Receivables within one year +€1,791
up €1,791 (+196.9%), from €910 to €2,701
of which Trade receivables: +€1,030
- Cash +€1,129
up €1,129 (+547.9%), from €206 to €1,335
mainly Debts after one year (+€35,543) and Other debts (+€33,144)
- Debts after one year +€35,543
new in 2024: €35,543
- Other debts +€33,144
up €33,144 (+1131.7%), from €2,929 to €36,073
- Profit (loss) carried forward -€23,244
new in 2024: -€23,244
- Current portion of long-term debt +€1,775
up €1,775 (+66.0%), from €2,688 to €4,462
- Trade debts +€982
new in 2024: €982
- Gross operating margin -€13,921
down €13,921, from €682 to -€13,239
- Other operating charges +€6,310
up €6,310 (+1641.5%), from €384 to €6,695
- Financial charges +€1,810
up €1,810 (+3620.5%), from €50 to €1,860
- Depreciation +€1,450
new in 2024: €1,450
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 | €8,364 | €56,514 | +€48,150 | +575.7% |
| Fixed assets | 21/28 | €7,248 | €52,479 | +€45,230 | +624.0% |
| Tangible fixed assets | 22/27 | €7,248 | €52,479 | +€45,230 | +624.0% |
| Land and buildings | 22 | - | €46,680 | +€46,680 | |
| Plant, machinery and equipment | 23 | €895 | €716 | -€179 | -20.0% |
| Leasing and similar rights | 25 | €6,354 | €5,083 | -€1,271 | -20.0% |
| Current assets | 29/58 | €1,116 | €4,036 | +€2,920 | +261.7% |
| Amounts receivable within one year | 40/41 | €910 | €2,701 | +€1,791 | +196.9% |
| Trade receivables | 40 | €612 | €1,642 | +€1,030 | +168.3% |
| Other amounts receivable | 41 | €298 | €1,059 | +€761 | +255.6% |
| Cash at bank and in hand | 54/58 | €206 | €1,335 | +€1,129 | +547.9% |
| Total equity and liabilities | 10/49 | €8,364 | €56,514 | +€48,150 | +575.7% |
| Equity | 10/15 | €2,698 | -€20,546 | -€23,244 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €198 | €198 | = | 0.0% |
| Distributable reserves | 133 | €198 | €198 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,244 | -€23,244 | |
| Amounts payable | 17/49 | €5,666 | €77,060 | +€71,394 | +1260.0% |
| Amounts payable after more than one year | 17 | - | €35,543 | +€35,543 | |
| Financial debts | 170/4 | - | €35,543 | +€35,543 | |
| Amounts payable within one year | 42/48 | €5,666 | €41,517 | +€35,851 | +632.7% |
| Current portion of amounts payable after more than one year | 42 | €2,688 | €4,462 | +€1,775 | +66.0% |
| Trade debts | 44 | - | €982 | +€982 | |
| Suppliers | 440/4 | - | €982 | +€982 | |
| Taxes, remuneration and social security | 45 | €50 | €0 | -€50 | -100.0% |
| Taxes | 450/3 | €50 | €0 | -€50 | -100.0% |
| Other amounts payable | 47/48 | €2,929 | €36,073 | +€33,144 | +1131.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,450 | +€1,450 | |
| Other operating charges | 640/8 | €384 | €6,695 | +€6,310 | +1641.5% |
| Gross operating margin | 9900 | €682 | -€13,239 | -€13,921 | |
| Operating profit (loss) | 9901 | €298 | -€21,383 | -€21,681 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €50 | €1,860 | +€1,810 | +3620.5% |
| Recurring financial charges | 65 | €50 | €1,860 | +€1,810 | +3620.5% |
| Profit (loss) for the period before taxes | 9903 | €248 | -€23,244 | -€23,491 | |
| Income taxes | 67/77 | €50 | €0 | -€50 | -100.0% |
| Profit (loss) for the period | 9904 | €198 | -€23,244 | -€23,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €198 | -€23,244 | -€23,442 |
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 8 October 2026 via checked.be.