ISABELLE ANCART: 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.
ISABELLE ANCART
Largest movements
- Receivables within one year +€10,115
up €10,115 (+11.8%), from €85,753 to €95,869
of which Other amounts receivable: +€6,493
- Cash -€8,503
down €8,503 (-14.5%), from €58,776 to €50,273
mainly Receivables within one year (-€10,115) and Accrued charges and deferred income (-€6,298)
- Tangible fixed assets -€7,888
down €7,888 (-35.9%), from €21,982 to €14,094
of which Furniture and vehicles: -€4,150
- Other debts +€7,418
up €7,418 (+13.6%), from €54,603 to €62,021
- Accrued charges and deferred income -€6,298
down €6,298 (-99.8%), from €6,312 to €14
- Current portion of long-term debt -€3,297
down €3,297 (-49.7%), from €6,631 to €3,333
- Tax, wage and social debts -€3,129
down €3,129 (-10.9%), from €28,624 to €25,495
of which Remuneration and social security: -€5,055
- Staff costs -€83,780
down €83,780 (-65.1%), from €128,656 to €44,876
- Gross operating margin -€68,786
down €68,786 (-50.1%), from €137,432 to €68,646
- Taxes +€5,560
up €5,560, from -€523 to €5,037
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 | €174,742 | €168,077 | -€6,665 | -3.8% |
| Fixed assets | 21/28 | €21,982 | €14,094 | -€7,888 | -35.9% |
| Tangible fixed assets | 22/27 | €21,982 | €14,094 | -€7,888 | -35.9% |
| Land and buildings | 22 | €9,812 | €6,727 | -€3,085 | -31.4% |
| Plant, machinery and equipment | 23 | €1,842 | €1,189 | -€653 | -35.4% |
| Furniture and vehicles | 24 | €10,328 | €6,178 | -€4,150 | -40.2% |
| Current assets | 29/58 | €152,760 | €153,983 | +€1,223 | +0.8% |
| Stocks and contracts in progress | 3 | €5,808 | €5,808 | = | 0.0% |
| Stocks | 30/36 | €5,808 | €5,808 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €85,753 | €95,869 | +€10,115 | +11.8% |
| Trade receivables | 40 | €69,962 | €73,585 | +€3,623 | +5.2% |
| Other amounts receivable | 41 | €15,791 | €22,284 | +€6,493 | +41.1% |
| Cash at bank and in hand | 54/58 | €58,776 | €50,273 | -€8,503 | -14.5% |
| Deferred charges and accrued income | 490/1 | €2,422 | €2,033 | -€390 | -16.1% |
| Total equity and liabilities | 10/49 | €174,742 | €168,077 | -€6,665 | -3.8% |
| Equity | 10/15 | €23,852 | €24,091 | +€239 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,385 | €1,385 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,385 | €1,385 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,385 | €1,385 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,267 | €16,506 | +€239 | +1.5% |
| Amounts payable | 17/49 | €150,890 | €143,986 | -€6,904 | -4.6% |
| Amounts payable within one year | 42/48 | €144,578 | €143,972 | -€606 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €6,631 | €3,333 | -€3,297 | -49.7% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €29,721 | €28,123 | -€1,598 | -5.4% |
| Suppliers | 440/4 | €29,721 | €28,123 | -€1,598 | -5.4% |
| Taxes, remuneration and social security | 45 | €28,624 | €25,495 | -€3,129 | -10.9% |
| Taxes | 450/3 | €4,704 | €6,631 | +€1,926 | +40.9% |
| Remuneration and social security | 454/9 | €23,919 | €18,864 | -€5,055 | -21.1% |
| Other amounts payable | 47/48 | €54,603 | €62,021 | +€7,418 | +13.6% |
| Accrued charges and deferred income | 492/3 | €6,312 | €14 | -€6,298 | -99.8% |
| Remuneration, social security and pensions | 62 | €128,656 | €44,876 | -€83,780 | -65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,328 | €10,600 | +€273 | +2.6% |
| Other operating charges | 640/8 | €2,164 | €1,419 | -€744 | -34.4% |
| Gross operating margin | 9900 | €137,432 | €68,646 | -€68,786 | -50.1% |
| Operating profit (loss) | 9901 | -€3,715 | €11,750 | +€15,466 | |
| Financial income | 75/76B | €513 | €517 | +€4 | +0.9% |
| Recurring financial income | 75 | €513 | €517 | +€4 | +0.9% |
| Financial charges | 65/66B | €8,216 | €6,992 | -€1,224 | -14.9% |
| Recurring financial charges | 65 | €1,545 | €3,205 | +€1,661 | +108% |
| Non-recurring financial charges | 66B | €6,671 | €3,787 | -€2,884 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,419 | €5,275 | +€16,694 | |
| Income taxes | 67/77 | -€523 | €5,037 | +€5,560 | |
| Profit (loss) for the period | 9904 | -€10,895 | €239 | +€11,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,895 | €239 | +€11,134 |
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 25 October 2026 via checked.be.