LE PALACE: 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.
LE PALACE
Largest movements
- Intangible fixed assets +€7,126
new in 2024: €7,126
- Cash +€4,877
up €4,877 (+21.5%), from €22,662 to €27,539
mainly Net result for the year (+€20,892) and Depreciation (+€3,253)
- Tangible fixed assets -€379
down €379 (-12.5%), from €3,033 to €2,654
- Profit (loss) carried forward +€20,892
up €20,892 (+62.2%), from -€33,571 to -€12,678
- Tax, wage and social debts -€3,506
down €3,506 (-26.2%), from €13,390 to €9,884
of which Taxes: -€2,277
- Accrued charges and deferred income -€2,350
no longer reported in 2024 (was €2,350)
- Other debts -€2,276
down €2,276 (-8.3%), from €27,377 to €25,101
- Trade debts -€1,136
down €1,136 (-9.3%), from €12,148 to €11,012
- Gross operating margin +€63,561
up €63,561 (+132%), from €48,310 to €111,871
- Staff costs +€23,208
up €23,208 (+37.9%), from €61,166 to €84,373
- Other operating charges -€8,478
down €8,478 (-76.9%), from €11,028 to €2,550
- Depreciation +€2,874
up €2,874 (+758%), from €379 to €3,253
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 | €25,695 | €37,319 | +€11,624 | +45.2% |
| Fixed assets | 21/28 | €3,033 | €9,780 | +€6,747 | +222% |
| Intangible fixed assets | 21 | - | €7,126 | +€7,126 | |
| Tangible fixed assets | 22/27 | €3,033 | €2,654 | -€379 | -12.5% |
| Other tangible fixed assets | 26 | €3,033 | €2,654 | -€379 | -12.5% |
| Current assets | 29/58 | €22,662 | €27,539 | +€4,877 | +21.5% |
| Cash at bank and in hand | 54/58 | €22,662 | €27,539 | +€4,877 | +21.5% |
| Total equity and liabilities | 10/49 | €25,695 | €37,319 | +€11,624 | +45.2% |
| Equity | 10/15 | -€29,571 | -€8,678 | +€20,892 | +70.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,571 | -€12,678 | +€20,892 | +62.2% |
| Amounts payable | 17/49 | €55,265 | €45,998 | -€9,268 | -16.8% |
| Amounts payable within one year | 42/48 | €52,915 | €45,998 | -€6,918 | -13.1% |
| Trade debts | 44 | €12,148 | €11,012 | -€1,136 | -9.3% |
| Suppliers | 440/4 | €12,148 | €11,012 | -€1,136 | -9.3% |
| Taxes, remuneration and social security | 45 | €13,390 | €9,884 | -€3,506 | -26.2% |
| Taxes | 450/3 | €8,367 | €6,090 | -€2,277 | -27.2% |
| Remuneration and social security | 454/9 | €5,023 | €3,794 | -€1,229 | -24.5% |
| Other amounts payable | 47/48 | €27,377 | €25,101 | -€2,276 | -8.3% |
| Accrued charges and deferred income | 492/3 | €2,350 | - | -€2,350 | |
| Remuneration, social security and pensions | 62 | €61,166 | €84,373 | +€23,208 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379 | €3,253 | +€2,874 | +758% |
| Other operating charges | 640/8 | €11,028 | €2,550 | -€8,478 | -76.9% |
| Gross operating margin | 9900 | €48,310 | €111,871 | +€63,561 | +132% |
| Operating profit (loss) | 9901 | -€24,262 | €21,696 | +€45,958 | |
| Financial income | 75/76B | €11 | €275 | +€264 | +2,365% |
| Recurring financial income | 75 | €11 | €275 | +€264 | +2,365% |
| Financial charges | 65/66B | €973 | €1,043 | +€70 | +7.2% |
| Recurring financial charges | 65 | €973 | €1,043 | +€70 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€25,224 | €20,928 | +€46,151 | |
| Income taxes | 67/77 | - | €36 | +€36 | |
| Profit (loss) for the period | 9904 | -€25,224 | €20,892 | +€46,116 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,224 | €20,892 | +€46,116 |
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 17 October 2026 via checked.be.