LIST: 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.
LIST
Largest movements
- Tangible fixed assets +€27,411
up €27,411 (+6.2%), from €443,745 to €471,156
of which Land and buildings: +€30,331
- Financial fixed assets +€25,000
up €25,000 (+5.6%), from €450,000 to €475,000
- Cash -€23,282
down €23,282 (-55.6%), from €41,862 to €18,580
mainly Trade debts (-€146,061) and Debts after one year (-€142,796)
- Other debts +€173,385
up €173,385 (+15135.2%), from €1,146 to €174,531
- Trade debts -€146,061
down €146,061 (-99.3%), from €147,135 to €1,074
- Debts after one year -€142,796
down €142,796 (-19.7%), from €726,128 to €583,332
- Reserves +€89,700
up €89,700 (+109.4%), from €81,963 to €171,663
- Tax, wage and social debts +€29,212
up €29,212 (+869.5%), from €3,360 to €32,572
- Gross operating margin +€83,420
up €83,420 (+117.6%), from €70,937 to €154,356
- Taxes +€37,054
up €37,054 (+1070.0%), from €3,463 to €40,516
- Other operating charges -€14,297
down €14,297 (-92.3%), from €15,486 to €1,189
- Financial charges +€6,802
up €6,802 (+51.2%), from €13,294 to €20,096
- Depreciation +€1,776
up €1,776 (+155.3%), from €1,144 to €2,920
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 | €1,007,040 | €1,026,603 | +€19,563 | +1.9% |
| Fixed assets | 21/28 | €893,745 | €946,156 | +€52,411 | +5.9% |
| Tangible fixed assets | 22/27 | €443,745 | €471,156 | +€27,411 | +6.2% |
| Land and buildings | 22 | €423,230 | €453,561 | +€30,331 | +7.2% |
| Plant, machinery and equipment | 23 | €3,928 | €2,704 | -€1,224 | -31.2% |
| Other tangible fixed assets | 26 | €16,587 | €14,891 | -€1,696 | -10.2% |
| Financial fixed assets | 28 | €450,000 | €475,000 | +€25,000 | +5.6% |
| Current assets | 29/58 | €113,295 | €80,446 | -€32,848 | -29.0% |
| Stocks and contracts in progress | 3 | €5,000 | €5,066 | +€66 | +1.3% |
| Contracts in progress | 37 | €5,000 | €5,066 | +€66 | +1.3% |
| Amounts receivable within one year | 40/41 | €65,770 | €56,504 | -€9,266 | -14.1% |
| Trade receivables | 40 | €54,588 | €33,972 | -€20,616 | -37.8% |
| Other amounts receivable | 41 | €11,183 | €22,533 | +€11,350 | +101.5% |
| Cash at bank and in hand | 54/58 | €41,862 | €18,580 | -€23,282 | -55.6% |
| Deferred charges and accrued income | 490/1 | €663 | €297 | -€366 | -55.3% |
| Total equity and liabilities | 10/49 | €1,007,040 | €1,026,603 | +€19,563 | +1.9% |
| Equity | 10/15 | €86,963 | €176,753 | +€89,789 | +103.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €81,963 | €171,663 | +€89,700 | +109.4% |
| Distributable reserves | 133 | €81,963 | €171,663 | +€89,700 | +109.4% |
| Profit (loss) carried forward | 14 | - | €89 | +€89 | |
| Amounts payable | 17/49 | €920,077 | €849,850 | -€70,227 | -7.6% |
| Amounts payable after more than one year | 17 | €726,128 | €583,332 | -€142,796 | -19.7% |
| Financial debts | 170/4 | €726,128 | €583,332 | -€142,796 | -19.7% |
| Amounts payable within one year | 42/48 | €193,949 | €266,198 | +€72,249 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €42,309 | €58,021 | +€15,712 | +37.1% |
| Trade debts | 44 | €147,135 | €1,074 | -€146,061 | -99.3% |
| Suppliers | 440/4 | €147,135 | €1,074 | -€146,061 | -99.3% |
| Taxes, remuneration and social security | 45 | €3,360 | €32,572 | +€29,212 | +869.5% |
| Taxes | 450/3 | €3,360 | €32,572 | +€29,212 | +869.5% |
| Other amounts payable | 47/48 | €1,146 | €174,531 | +€173,385 | +15135.2% |
| Accrued charges and deferred income | 492/3 | - | €320 | +€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,144 | €2,920 | +€1,776 | +155.3% |
| Other operating charges | 640/8 | €15,486 | €1,189 | -€14,297 | -92.3% |
| Gross operating margin | 9900 | €70,937 | €154,356 | +€83,420 | +117.6% |
| Operating profit (loss) | 9901 | €54,307 | €150,247 | +€95,940 | +176.7% |
| Financial income | 75/76B | €300 | €155 | -€146 | -48.4% |
| Recurring financial income | 75 | €300 | €155 | -€146 | -48.4% |
| Financial charges | 65/66B | €13,294 | €20,096 | +€6,802 | +51.2% |
| Recurring financial charges | 65 | €13,294 | €20,096 | +€6,802 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €41,314 | €130,306 | +€88,992 | +215.4% |
| Income taxes | 67/77 | €3,463 | €40,516 | +€37,054 | +1070.0% |
| Profit (loss) for the period | 9904 | €37,851 | €89,789 | +€51,939 | +137.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,851 | €89,789 | +€51,939 | +137.2% |
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 8 October 2026 via checked.be.