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JOIN: 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.

What changed

JOIN

BE 0436.236.417
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€5,372
2023 · -€9,870+€4,498
Equity
-€46,129
2023 · -€40,757-€5,372
Cash
€578
2023 · €791-€213
Balance sheet total
€578
2023 · €791-€213

Largest movements

2023 to 2024
Assets
  • Cash -€213

    down €213 (-26.9%), from €791 to €578

    mainly Debts after one year (-€13,511) and Net result for the year (-€5,372)

Equity and liabilities
  • Other debts +€18,670

    up €18,670 (+66.6%), from €28,037 to €46,707

  • Debts after one year -€13,511

    no longer reported in 2024 (was €13,511)

  • Profit (loss) carried forward -€5,372

    down €5,372 (-10.5%), from -€50,945 to -€56,317

Income statement
  • Gross operating margin +€4,498

    up €4,498 (+45.6%), from -€9,870 to -€5,372

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€9,870
Gross operating margin +€4,498
Result 2024 -€5,372

Cash bridge derived

cash 2023 to 2024

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.

From operations +€13,298
Investment €0
Financing -€13,511
Cash 2023 €791
Net result for the year -€5,372
Other debts +€18,670
Debts after one year -€13,511
Cash 2024 €578
Every line side by side 20 lines
Line Code 2023 2024 Change %
Total assets 20/58 €791 €578 -€213 -26.9%
Current assets 29/58 €791 €578 -€213 -26.9%
Cash at bank and in hand 54/58 €791 €578 -€213 -26.9%
Total equity and liabilities 10/49 €791 €578 -€213 -26.9%
Equity 10/15 -€40,757 -€46,129 -€5,372 -13.2%
Contributions 10/11 €6,941 €6,941 = 0.0%
Reserves 13 €3,247 €3,247 = 0.0%
Non-distributable reserves 130/1 €3,247 €3,247 = 0.0%
Reserves not available under the articles 1311 €3,247 €3,247 = 0.0%
Profit (loss) carried forward 14 -€50,945 -€56,317 -€5,372 -10.5%
Amounts payable 17/49 €41,548 €46,707 +€5,159 +12.4%
Amounts payable after more than one year 17 €13,511 - -€13,511
Financial debts 170/4 €13,511 - -€13,511
Amounts payable within one year 42/48 €28,037 €46,707 +€18,670 +66.6%
Other amounts payable 47/48 €28,037 €46,707 +€18,670 +66.6%
Gross operating margin 9900 -€9,870 -€5,372 +€4,498 +45.6%
Operating profit (loss) 9901 -€9,870 -€5,372 +€4,498 +45.6%
Profit (loss) for the period before taxes 9903 -€9,870 -€5,372 +€4,498 +45.6%
Profit (loss) for the period 9904 -€9,870 -€5,372 +€4,498 +45.6%
Profit (loss) for the period to be appropriated 9905 -€9,870 -€5,372 +€4,498 +45.6%

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 30 September 2026 via checked.be.