LAND: 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.
LAND
Largest movements
- Cash +€99,465
up €99,465 (+110.3%), from €90,168 to €189,633
mainly Net result for the year (+€144,039) and Trade debts (+€95,451)
- Trade debts +€95,451
up €95,451 (+1739.9%), from €5,486 to €100,937
- Reserves +€19,039
up €19,039 (+21.7%), from €87,894 to €106,933
- Debts after one year -€14,812
down €14,812 (-14.3%), from €103,684 to €88,872
- Gross operating margin -€3,803
down €3,803 (-2.1%), from €182,585 to €178,782
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 | €374,499 | €473,964 | +€99,465 | +26.6% |
| Fixed assets | 21/28 | €284,331 | €284,331 | = | 0.0% |
| Tangible fixed assets | 22/27 | €284,331 | €284,331 | = | 0.0% |
| Land and buildings | 22 | €284,331 | €284,331 | = | 0.0% |
| Current assets | 29/58 | €90,168 | €189,633 | +€99,465 | +110.3% |
| Cash at bank and in hand | 54/58 | €90,168 | €189,633 | +€99,465 | +110.3% |
| Total equity and liabilities | 10/49 | €374,499 | €473,964 | +€99,465 | +26.6% |
| Equity | 10/15 | €118,958 | €137,997 | +€19,039 | +16.0% |
| Contributions | 10/11 | €31,064 | €31,064 | = | 0.0% |
| Reserves | 13 | €87,894 | €106,933 | +€19,039 | +21.7% |
| Distributable reserves | 133 | €87,894 | €106,933 | +€19,039 | +21.7% |
| Amounts payable | 17/49 | €255,541 | €335,967 | +€80,426 | +31.5% |
| Amounts payable after more than one year | 17 | €103,684 | €88,872 | -€14,812 | -14.3% |
| Financial debts | 170/4 | €103,684 | €88,872 | -€14,812 | -14.3% |
| Amounts payable within one year | 42/48 | €151,857 | €247,095 | +€95,238 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | €14,812 | €14,812 | = | 0.0% |
| Trade debts | 44 | €5,486 | €100,937 | +€95,451 | +1739.9% |
| Suppliers | 440/4 | €5,486 | €100,937 | +€95,451 | +1739.9% |
| Taxes, remuneration and social security | 45 | €6,559 | €6,346 | -€213 | -3.2% |
| Taxes | 450/3 | €6,559 | €6,346 | -€213 | -3.2% |
| Other amounts payable | 47/48 | €125,000 | €125,000 | = | 0.0% |
| Other operating charges | 640/8 | €23,606 | €24,558 | +€952 | +4.0% |
| Gross operating margin | 9900 | €182,585 | €178,782 | -€3,803 | -2.1% |
| Operating profit (loss) | 9901 | €158,979 | €154,224 | -€4,755 | -3.0% |
| Financial charges | 65/66B | €2,102 | €1,890 | -€212 | -10.1% |
| Recurring financial charges | 65 | €2,102 | €1,890 | -€212 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €156,877 | €152,334 | -€4,543 | -2.9% |
| Income taxes | 67/77 | €6,932 | €8,295 | +€1,363 | +19.7% |
| Profit (loss) for the period | 9904 | €149,945 | €144,039 | -€5,906 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €149,945 | €144,039 | -€5,906 | -3.9% |
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 4 October 2026 via checked.be.