KANTOOR LIPPENS: 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.
What changed
KANTOOR LIPPENS
NACE 66.220, Insurance agents and brokers
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€142,327
2023 · €148,455-€6,128
Equity
€1.0m
2023 · €905,457+€142,327
Cash
€7,644
2023 · €8,255-€612
Balance sheet total
€1.2m
2023 · €1.1m+€99,012
Largest movements
Assets
- Current investments +€152,000
up €152,000 (+28.6%), from €531,000 to €682,999
- Tangible fixed assets -€26,605
down €26,605 (-7.2%), from €372,028 to €345,422
of which Land and buildings: -€16,726
- Receivables within one year -€16,762
down €16,762 (-8.2%), from €203,453 to €186,691
of which Trade receivables: -€18,072
Equity and liabilities
- Profit (loss) carried forward +€142,327
up €142,327 (+16.1%), from €885,006 to €1.0m
- Debts after one year -€40,408
down €40,408 (-29.8%), from €135,691 to €95,283
Income statement
- Gross operating margin -€26,195
down €26,195 (-4.7%), from €560,967 to €534,772
- Depreciation -€11,260
down €11,260 (-21.2%), from €53,009 to €41,749
- Financial income +€6,924
up €6,924 (+1,116%), from €620 to €7,545
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.
Result 2023
€148,455
Gross operating margin
-€26,195
Staff costs
-€1,217
Depreciation
+€11,260
Other operating charges
+€726
Financial income
+€6,924
Financial charges
+€1,553
Taxes
+€820
Result 2024
€142,327
raises the resultlowers the result
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.
From operations
+€197,414
Investment
-€158,144
Financing
-€39,882
Cash 2023
€8,255
From operations (derived)
+€197,414
Net result for the year
+€142,327
Depreciation
+€41,749
Receivables within one year
+€16,762
Deferred charges and accrued income
+€9
Trade debts
-€3,189
Tax, wage and social debts
+€1,436
Other debts
-€1,680
Investment (derived)
-€158,144
Investment in fixed assets (net)
-€6,144
Current investments
-€152,000
Financing
-€39,882
Debts after one year
-€40,408
Current portion of long-term debt
+€518
Short-term financial debts
+€8
Cash 2024
€7,644
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,147,178 | €1,246,190 | +€99,012 | +8.6% |
| Fixed assets | 21/28 | €398,200 | €362,595 | -€35,605 | -8.9% |
| Intangible fixed assets | 21 | €25,302 | €16,302 | -€9,000 | -35.6% |
| Tangible fixed assets | 22/27 | €372,028 | €345,422 | -€26,605 | -7.2% |
| Land and buildings | 22 | €327,125 | €310,398 | -€16,726 | -5.1% |
| Plant, machinery and equipment | 23 | €7,193 | €6,272 | -€921 | -12.8% |
| Furniture and vehicles | 24 | €37,710 | €28,752 | -€8,958 | -23.8% |
| Financial fixed assets | 28 | €870 | €870 | = | 0.0% |
| Current assets | 29/58 | €748,977 | €883,595 | +€134,618 | +18.0% |
| Amounts receivable within one year | 40/41 | €203,453 | €186,691 | -€16,762 | -8.2% |
| Trade receivables | 40 | €197,156 | €179,083 | -€18,072 | -9.2% |
| Other amounts receivable | 41 | €6,298 | €7,608 | +€1,311 | +20.8% |
| Current investments | 50/53 | €531,000 | €682,999 | +€152,000 | +28.6% |
| Cash at bank and in hand | 54/58 | €8,255 | €7,644 | -€612 | -7.4% |
| Deferred charges and accrued income | 490/1 | €6,269 | €6,261 | -€9 | -0.1% |
| Total equity and liabilities | 10/49 | €1,147,178 | €1,246,190 | +€99,012 | +8.6% |
| Equity | 10/15 | €905,457 | €1,047,784 | +€142,327 | +15.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €885,006 | €1,027,333 | +€142,327 | +16.1% |
| Amounts payable | 17/49 | €241,720 | €198,406 | -€43,315 | -17.9% |
| Amounts payable after more than one year | 17 | €135,691 | €95,283 | -€40,408 | -29.8% |
| Financial debts | 170/4 | €135,691 | €95,283 | -€40,408 | -29.8% |
| Amounts payable within one year | 42/48 | €106,029 | €103,122 | -€2,907 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €39,890 | €40,408 | +€518 | +1.3% |
| Financial debts | 43 | €13,528 | €13,536 | +€8 | +0.1% |
| Credit institutions | 430/8 | €13,528 | €13,536 | +€8 | +0.1% |
| Trade debts | 44 | €3,582 | €394 | -€3,189 | -89.0% |
| Suppliers | 440/4 | €3,582 | €394 | -€3,189 | -89.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €46,498 | €47,935 | +€1,436 | +3.1% |
| Taxes | 450/3 | €15,144 | €19,359 | +€4,215 | +27.8% |
| Remuneration and social security | 454/9 | €31,355 | €28,576 | -€2,779 | -8.9% |
| Other amounts payable | 47/48 | €2,530 | €850 | -€1,680 | -66.4% |
| Non-recurring operating income | 76A | €12,500 | €0 | -€12,500 | -100% |
| Remuneration, social security and pensions | 62 | €296,749 | €297,966 | +€1,217 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,009 | €41,749 | -€11,260 | -21.2% |
| Other operating charges | 640/8 | €3,325 | €2,599 | -€726 | -21.8% |
| Gross operating margin | 9900 | €560,967 | €534,772 | -€26,195 | -4.7% |
| Operating profit (loss) | 9901 | €207,884 | €192,458 | -€15,426 | -7.4% |
| Financial income | 75/76B | €620 | €7,545 | +€6,924 | +1,116% |
| Recurring financial income | 75 | €620 | €7,545 | +€6,924 | +1,116% |
| Financial charges | 65/66B | €4,905 | €3,352 | -€1,553 | -31.7% |
| Recurring financial charges | 65 | €4,905 | €3,352 | -€1,553 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €203,599 | €196,651 | -€6,948 | -3.4% |
| Income taxes | 67/77 | €55,144 | €54,324 | -€820 | -1.5% |
| Profit (loss) for the period | 9904 | €148,455 | €142,327 | -€6,128 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €148,455 | €142,327 | -€6,128 | -4.1% |
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 31 October 2026 via checked.be.