LINE-UP DEVELOPMENT: 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.
LINE-UP DEVELOPMENT
Largest movements
- Tangible fixed assets -€12,580
down €12,580 (-4.3%), from €293,012 to €280,433
- Debts after one year -€27,545
down €27,545 (-13.3%), from €207,266 to €179,721
- Profit (loss) carried forward +€17,999
up €17,999 (+34976.7%), from €51 to €18,050
- Other debts -€4,000
down €4,000 (-8.7%), from €45,900 to €41,900
- Taxes +€6,053
new in 2024: €6,053
- Gross operating margin +€4,245
up €4,245 (+9.9%), from €42,920 to €47,165
- Turnover +€2,969
up €2,969 (+5.9%), from €50,733 to €53,702
- Purchases and services -€1,276
down €1,276 (-16.3%), from €7,813 to €6,537
- Financial charges -€1,001
down €1,001 (-12.6%), from €7,956 to €6,955
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 | €301,488 | €290,461 | -€11,027 | -3.7% |
| Fixed assets | 21/28 | €293,012 | €280,433 | -€12,580 | -4.3% |
| Tangible fixed assets | 22/27 | €293,012 | €280,433 | -€12,580 | -4.3% |
| Land and buildings | 22 | €293,012 | €280,433 | -€12,580 | -4.3% |
| Current assets | 29/58 | €8,476 | €10,028 | +€1,552 | +18.3% |
| Amounts receivable within one year | 40/41 | €9 | €9 | = | 0.0% |
| Trade receivables | 40 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,373 | €6,487 | +€1,113 | +20.7% |
| Deferred charges and accrued income | 490/1 | €3,093 | €3,532 | +€439 | +14.2% |
| Total equity and liabilities | 10/49 | €301,488 | €290,461 | -€11,027 | -3.7% |
| Equity | 10/15 | €18,651 | €36,650 | +€17,999 | +96.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51 | €18,050 | +€17,999 | +34976.7% |
| Amounts payable | 17/49 | €282,836 | €253,810 | -€29,026 | -10.3% |
| Amounts payable after more than one year | 17 | €207,266 | €179,721 | -€27,545 | -13.3% |
| Financial debts | 170/4 | €207,266 | €179,721 | -€27,545 | -13.3% |
| Amounts payable within one year | 42/48 | €74,409 | €72,549 | -€1,860 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €28,509 | €29,596 | +€1,087 | +3.8% |
| Taxes, remuneration and social security | 45 | - | €1,053 | +€1,053 | |
| Taxes | 450/3 | - | €1,053 | +€1,053 | |
| Other amounts payable | 47/48 | €45,900 | €41,900 | -€4,000 | -8.7% |
| Accrued charges and deferred income | 492/3 | €1,161 | €1,540 | +€379 | +32.6% |
| Turnover | 70 | €50,733 | €53,702 | +€2,969 | +5.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,813 | €6,537 | -€1,276 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,295 | €12,580 | +€284 | +2.3% |
| Other operating charges | 640/8 | €3,658 | €3,578 | -€79 | -2.2% |
| Gross operating margin | 9900 | €42,920 | €47,165 | +€4,245 | +9.9% |
| Operating profit (loss) | 9901 | €26,967 | €31,007 | +€4,040 | +15.0% |
| Financial charges | 65/66B | €7,956 | €6,955 | -€1,001 | -12.6% |
| Recurring financial charges | 65 | €7,956 | €6,955 | -€1,001 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €19,010 | €24,052 | +€5,041 | +26.5% |
| Income taxes | 67/77 | - | €6,053 | +€6,053 | |
| Profit (loss) for the period | 9904 | €19,010 | €17,999 | -€1,011 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,010 | €17,999 | -€1,011 | -5.3% |
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 30 September 2026 via checked.be.