"L'ENCRIER": 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.
"L'ENCRIER"
Largest movements
- Receivables within one year -€6,671
no longer reported in 2024 (was €6,671)
of which Trade receivables: -€6,604
- Tangible fixed assets -€2,637
down €2,637 (-18.3%), from €14,382 to €11,745
- Cash -€1,312
down €1,312 (-93.4%), from €1,406 to €93
mainly Tax, wage and social debts (-€10,805) and Trade debts (-€2,022)
- Deferred charges and accrued income -€928
no longer reported in 2024 (was €928)
- Tax, wage and social debts -€10,805
no longer reported in 2024 (was €10,805)
of which Taxes: -€6,066
- Trade debts -€2,022
no longer reported in 2024 (was €2,022)
- Profit (loss) carried forward +€1,012
up €1,012 (+3.2%), from -€31,942 to -€30,929
- Gross operating margin +€17,866
up €17,866, from -€9,569 to €8,297
- Depreciation +€2,903
new in 2024: €2,903
- Other operating charges +€2,646
up €2,646 (+1581.5%), from €167 to €2,813
- Financial charges +€1,750
up €1,750, from -€182 to €1,568
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 | €27,485 | €15,671 | -€11,814 | -43.0% |
| Formation expenses | 20 | €798 | €532 | -€266 | -33.3% |
| Fixed assets | 21/28 | €17,682 | €15,045 | -€2,637 | -14.9% |
| Tangible fixed assets | 22/27 | €14,382 | €11,745 | -€2,637 | -18.3% |
| Land and buildings | 22 | €9,160 | €8,015 | -€1,145 | -12.5% |
| Plant, machinery and equipment | 23 | €638 | €455 | -€182 | -28.6% |
| Furniture and vehicles | 24 | €4,584 | €3,274 | -€1,310 | -28.6% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €9,005 | €93 | -€8,911 | -99.0% |
| Amounts receivable within one year | 40/41 | €6,671 | - | -€6,671 | |
| Trade receivables | 40 | €6,604 | - | -€6,604 | |
| Other amounts receivable | 41 | €67 | - | -€67 | |
| Cash at bank and in hand | 54/58 | €1,406 | €93 | -€1,312 | -93.4% |
| Deferred charges and accrued income | 490/1 | €928 | - | -€928 | |
| Total equity and liabilities | 10/49 | €27,485 | €15,671 | -€11,814 | -43.0% |
| Equity | 10/15 | -€26,542 | -€25,529 | +€1,012 | +3.8% |
| Contributions | 10/11 | €5,400 | €5,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,942 | -€30,929 | +€1,012 | +3.2% |
| Amounts payable | 17/49 | €54,027 | €41,200 | -€12,827 | -23.7% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Other amounts payable | 178/9 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,027 | €6,200 | -€12,827 | -67.4% |
| Trade debts | 44 | €2,022 | - | -€2,022 | |
| Suppliers | 440/4 | €2,022 | - | -€2,022 | |
| Taxes, remuneration and social security | 45 | €10,805 | - | -€10,805 | |
| Taxes | 450/3 | €6,066 | - | -€6,066 | |
| Remuneration and social security | 454/9 | €4,739 | - | -€4,739 | |
| Other amounts payable | 47/48 | €6,200 | €6,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,903 | +€2,903 | |
| Other operating charges | 640/8 | €167 | €2,813 | +€2,646 | +1581.5% |
| Gross operating margin | 9900 | -€9,569 | €8,297 | +€17,866 | |
| Operating profit (loss) | 9901 | -€9,736 | €2,580 | +€12,317 | |
| Financial charges | 65/66B | -€182 | €1,568 | +€1,750 | |
| Recurring financial charges | 65 | -€182 | €1,568 | +€1,750 | |
| Profit (loss) for the period before taxes | 9903 | -€9,554 | €1,012 | +€10,566 | |
| Profit (loss) for the period | 9904 | -€9,554 | €1,012 | +€10,566 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,554 | €1,012 | +€10,566 |
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 6 October 2026 via checked.be.