INNER: 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.
INNER
Largest movements
- Tangible fixed assets -€21,076
down €21,076 (-4.4%), from €477,440 to €456,364
- Receivables within one year -€15,740
down €15,740 (-52.9%), from €29,774 to €14,034
of which Trade receivables: -€15,919
- Debts after one year -€76,294
down €76,294 (-15.8%), from €483,549 to €407,255
- Reserves +€33,125
up €33,125 (+102.3%), from €32,392 to €65,518
of which Distributable reserves: +€33,125
- Profit (loss) carried forward +€19,996
no longer reported in 2024 (was -€19,996)
- Advances received -€17,191
no longer reported in 2024 (was €17,191)
- Gross operating margin +€18,765
up €18,765 (+23.5%), from €79,848 to €98,613
- Taxes +€8,766
up €8,766 (+1194.1%), from €734 to €9,500
- Financial charges -€2,760
down €2,760 (-24.9%), from €11,082 to €8,322
- Other operating charges -€2,600
down €2,600 (-30.7%), from €8,458 to €5,858
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 | €541,945 | €505,814 | -€36,131 | -6.7% |
| Fixed assets | 21/28 | €478,260 | €457,184 | -€21,076 | -4.4% |
| Tangible fixed assets | 22/27 | €477,440 | €456,364 | -€21,076 | -4.4% |
| Land and buildings | 22 | €415,609 | €405,578 | -€10,032 | -2.4% |
| Plant, machinery and equipment | 23 | €59,655 | €49,378 | -€10,277 | -17.2% |
| Furniture and vehicles | 24 | €2,176 | €1,408 | -€768 | -35.3% |
| Financial fixed assets | 28 | €820 | €820 | = | 0.0% |
| Current assets | 29/58 | €63,685 | €48,630 | -€15,055 | -23.6% |
| Amounts receivable within one year | 40/41 | €29,774 | €14,034 | -€15,740 | -52.9% |
| Trade receivables | 40 | €29,774 | €13,854 | -€15,919 | -53.5% |
| Other amounts receivable | 41 | - | €179 | +€179 | |
| Cash at bank and in hand | 54/58 | €33,779 | €34,597 | +€817 | +2.4% |
| Deferred charges and accrued income | 490/1 | €132 | - | -€132 | |
| Total equity and liabilities | 10/49 | €541,945 | €505,814 | -€36,131 | -6.7% |
| Equity | 10/15 | €24,596 | €77,718 | +€53,121 | +216.0% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €32,392 | €65,518 | +€33,125 | +102.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,532 | €63,658 | +€33,125 | +108.5% |
| Profit (loss) carried forward | 14 | -€19,996 | - | +€19,996 | |
| Amounts payable | 17/49 | €517,349 | €428,096 | -€89,252 | -17.3% |
| Amounts payable after more than one year | 17 | €483,549 | €407,255 | -€76,294 | -15.8% |
| Financial debts | 170/4 | €483,549 | €407,255 | -€76,294 | -15.8% |
| Amounts payable within one year | 42/48 | €33,738 | €20,748 | -€12,990 | -38.5% |
| Trade debts | 44 | €5,502 | €7,162 | +€1,659 | +30.2% |
| Suppliers | 440/4 | €5,502 | €7,162 | +€1,659 | +30.2% |
| Advances received on contracts in progress | 46 | €17,191 | - | -€17,191 | |
| Taxes, remuneration and social security | 45 | €6,332 | €11,657 | +€5,325 | +84.1% |
| Taxes | 450/3 | €6,332 | €11,657 | +€5,325 | +84.1% |
| Other amounts payable | 47/48 | €4,712 | €1,929 | -€2,783 | -59.1% |
| Accrued charges and deferred income | 492/3 | €62 | €94 | +€32 | +51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,662 | €21,835 | -€827 | -3.6% |
| Other operating charges | 640/8 | €8,458 | €5,858 | -€2,600 | -30.7% |
| Gross operating margin | 9900 | €79,848 | €98,613 | +€18,765 | +23.5% |
| Operating profit (loss) | 9901 | €48,728 | €70,920 | +€22,192 | +45.5% |
| Financial income | 75/76B | €0 | €24 | +€23 | +4906.4% |
| Recurring financial income | 75 | €0 | €24 | +€23 | +4906.4% |
| Financial charges | 65/66B | €11,082 | €8,322 | -€2,760 | -24.9% |
| Recurring financial charges | 65 | €11,082 | €8,322 | -€2,760 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €37,646 | €62,621 | +€24,975 | +66.3% |
| Income taxes | 67/77 | €734 | €9,500 | +€8,766 | +1194.1% |
| Profit (loss) for the period | 9904 | €36,912 | €53,121 | +€16,209 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,912 | €53,121 | +€16,209 | +43.9% |
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 3 October 2026 via checked.be.