LA PENTE: 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.
LA PENTE
Largest movements
- Receivables within one year +€35,575
up €35,575 (+37.9%), from €93,977 to €129,552
of which Trade receivables: +€22,305
- Tangible fixed assets +€23,734
up €23,734 (+15.5%), from €153,085 to €176,819
of which Furniture and vehicles: +€35,687
- Deferred charges and accrued income +€7,360
up €7,360 (+131%), from €5,633 to €12,993
- Cash +€6,004
up €6,004 (+7.2%), from €82,916 to €88,920
mainly Net result for the year (+€35,288) and Depreciation (+€23,514)
- Reserves +€20,000
up €20,000 (+17.9%), from €111,860 to €131,860
of which Distributable reserves: +€20,000
- Profit (loss) carried forward +€15,288
up €15,288 (+32.2%), from €47,431 to €62,719
- Debts after one year +€12,242
up €12,242 (+15.2%), from €80,388 to €92,630
- Trade debts +€9,676
up €9,676 (+15.4%), from €62,754 to €72,431
- Current portion of long-term debt +€8,119
up €8,119 (+53.3%), from €15,244 to €23,364
- Depreciation +€7,266
up €7,266 (+44.7%), from €16,248 to €23,514
- Staff costs -€6,030
down €6,030 (-3.7%), from €164,701 to €158,671
- Gross operating margin +€5,318
up €5,318 (+2.3%), from €234,469 to €239,787
- Taxes +€4,531
up €4,531 (+37.6%), from €12,037 to €16,568
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.
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 | €356,509 | €426,651 | +€70,142 | +19.7% |
| Fixed assets | 21/28 | €165,975 | €187,209 | +€21,234 | +12.8% |
| Intangible fixed assets | 21 | €12,500 | €10,000 | -€2,500 | -20.0% |
| Tangible fixed assets | 22/27 | €153,085 | €176,819 | +€23,734 | +15.5% |
| Land and buildings | 22 | €88,004 | €85,227 | -€2,777 | -3.2% |
| Plant, machinery and equipment | 23 | €18,026 | €13,527 | -€4,499 | -25.0% |
| Furniture and vehicles | 24 | €4,150 | €39,837 | +€35,687 | +860% |
| Other tangible fixed assets | 26 | €42,905 | €38,228 | -€4,677 | -10.9% |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €190,534 | €239,442 | +€48,908 | +25.7% |
| Stocks and contracts in progress | 3 | €8,009 | €7,977 | -€32 | -0.4% |
| Stocks | 30/36 | €8,009 | €7,977 | -€32 | -0.4% |
| Amounts receivable within one year | 40/41 | €93,977 | €129,552 | +€35,575 | +37.9% |
| Trade receivables | 40 | €44,328 | €66,633 | +€22,305 | +50.3% |
| Other amounts receivable | 41 | €49,649 | €62,920 | +€13,270 | +26.7% |
| Cash at bank and in hand | 54/58 | €82,916 | €88,920 | +€6,004 | +7.2% |
| Deferred charges and accrued income | 490/1 | €5,633 | €12,993 | +€7,360 | +131% |
| Total equity and liabilities | 10/49 | €356,509 | €426,651 | +€70,142 | +19.7% |
| Equity | 10/15 | €170,291 | €205,579 | +€35,288 | +20.7% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €111,860 | €131,860 | +€20,000 | +17.9% |
| 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 | €110,000 | €130,000 | +€20,000 | +18.2% |
| Profit (loss) carried forward | 14 | €47,431 | €62,719 | +€15,288 | +32.2% |
| Amounts payable | 17/49 | €186,218 | €221,072 | +€34,854 | +18.7% |
| Amounts payable after more than one year | 17 | €80,388 | €92,630 | +€12,242 | +15.2% |
| Financial debts | 170/4 | €80,388 | €92,630 | +€12,242 | +15.2% |
| Amounts payable within one year | 42/48 | €105,830 | €128,442 | +€22,612 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €15,244 | €23,364 | +€8,119 | +53.3% |
| Trade debts | 44 | €62,754 | €72,431 | +€9,676 | +15.4% |
| Suppliers | 440/4 | €62,754 | €72,431 | +€9,676 | +15.4% |
| Taxes, remuneration and social security | 45 | €27,831 | €32,647 | +€4,816 | +17.3% |
| Taxes | 450/3 | €16,731 | €21,226 | +€4,495 | +26.9% |
| Remuneration and social security | 454/9 | €11,100 | €11,421 | +€321 | +2.9% |
| Remuneration, social security and pensions | 62 | €164,701 | €158,671 | -€6,030 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,248 | €23,514 | +€7,266 | +44.7% |
| Other operating charges | 640/8 | €2,567 | €3,319 | +€752 | +29.3% |
| Gross operating margin | 9900 | €234,469 | €239,787 | +€5,318 | +2.3% |
| Operating profit (loss) | 9901 | €50,953 | €54,282 | +€3,329 | +6.5% |
| Financial income | 75/76B | €2,795 | €4,751 | +€1,956 | +70.0% |
| Recurring financial income | 75 | €2,795 | €4,751 | +€1,956 | +70.0% |
| Financial charges | 65/66B | €6,069 | €7,177 | +€1,108 | +18.2% |
| Recurring financial charges | 65 | €6,069 | €7,177 | +€1,108 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €47,679 | €51,856 | +€4,177 | +8.8% |
| Income taxes | 67/77 | €12,037 | €16,568 | +€4,531 | +37.6% |
| Profit (loss) for the period | 9904 | €35,642 | €35,288 | -€354 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,642 | €35,288 | -€354 | -1.0% |
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 18 October 2026 via checked.be.