LOC-EVENT: 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.
LOC-EVENT
Largest movements
- Intangible fixed assets -€11,200
down €11,200 (-63.2%), from €17,733 to €6,533
- Tangible fixed assets -€10,909
down €10,909 (-6.1%), from €177,754 to €166,845
of which Land and buildings: -€11,322
- Cash +€7,921
up €7,921 (+54.3%), from €14,594 to €22,515
mainly Depreciation (+€23,540) and Other debts (+€15,383)
- Debts after one year -€16,344
down €16,344 (-9.8%), from €167,326 to €150,982
- Other debts +€15,383
up €15,383 (+594.6%), from €2,587 to €17,970
- Current portion of long-term debt -€8,279
down €8,279 (-27.0%), from €30,623 to €22,344
- Trade debts -€6,242
down €6,242 (-69.3%), from €9,008 to €2,766
- Profit (loss) carried forward +€2,885
up €2,885 (+7.8%), from €37,175 to €40,060
- Gross operating margin +€17,309
up €17,309 (+79.9%), from €21,674 to €38,983
- Financial charges -€2,750
down €2,750 (-23.9%), from €11,515 to €8,765
of which Non-recurring financial charges: -€1,900
- Other operating charges -€1,264
down €1,264 (-25.8%), from €4,890 to €3,626
- Taxes -€1,097
down €1,097 (-86.8%), from €1,264 to €167
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 | €271,227 | €258,823 | -€12,404 | -4.6% |
| Fixed assets | 21/28 | €197,313 | €175,204 | -€22,109 | -11.2% |
| Intangible fixed assets | 21 | €17,733 | €6,533 | -€11,200 | -63.2% |
| Tangible fixed assets | 22/27 | €177,754 | €166,845 | -€10,909 | -6.1% |
| Land and buildings | 22 | €174,175 | €162,853 | -€11,322 | -6.5% |
| Plant, machinery and equipment | 23 | - | €1,312 | +€1,312 | |
| Furniture and vehicles | 24 | €3,579 | €2,680 | -€899 | -25.1% |
| Financial fixed assets | 28 | €1,826 | €1,826 | = | 0.0% |
| Current assets | 29/58 | €73,914 | €83,619 | +€9,705 | +13.1% |
| Amounts receivable within one year | 40/41 | €56,907 | €59,591 | +€2,684 | +4.7% |
| Trade receivables | 40 | €50,407 | €47,364 | -€3,043 | -6.0% |
| Other amounts receivable | 41 | €6,500 | €12,227 | +€5,727 | +88.1% |
| Cash at bank and in hand | 54/58 | €14,594 | €22,515 | +€7,921 | +54.3% |
| Deferred charges and accrued income | 490/1 | €2,413 | €1,513 | -€900 | -37.3% |
| Total equity and liabilities | 10/49 | €271,227 | €258,823 | -€12,404 | -4.6% |
| Equity | 10/15 | €56,669 | €59,554 | +€2,885 | +5.1% |
| Contributions | 10/11 | €19,494 | €19,494 | = | 0.0% |
| Capital | 10 | €19,494 | €19,494 | = | 0.0% |
| Issued capital | 100 | €19,494 | €19,494 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,175 | €40,060 | +€2,885 | +7.8% |
| Amounts payable | 17/49 | €214,558 | €199,269 | -€15,289 | -7.1% |
| Amounts payable after more than one year | 17 | €167,326 | €150,982 | -€16,344 | -9.8% |
| Financial debts | 170/4 | €167,326 | €150,982 | -€16,344 | -9.8% |
| Amounts payable within one year | 42/48 | €47,232 | €48,287 | +€1,055 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €30,623 | €22,344 | -€8,279 | -27.0% |
| Trade debts | 44 | €9,008 | €2,766 | -€6,242 | -69.3% |
| Suppliers | 440/4 | €9,008 | €2,766 | -€6,242 | -69.3% |
| Advances received on contracts in progress | 46 | €869 | - | -€869 | |
| Taxes, remuneration and social security | 45 | €4,145 | €5,207 | +€1,062 | +25.6% |
| Taxes | 450/3 | €4,145 | €5,207 | +€1,062 | +25.6% |
| Other amounts payable | 47/48 | €2,587 | €17,970 | +€15,383 | +594.6% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,187 | €23,540 | +€353 | +1.5% |
| Other operating charges | 640/8 | €4,890 | €3,626 | -€1,264 | -25.8% |
| Gross operating margin | 9900 | €21,674 | €38,983 | +€17,309 | +79.9% |
| Operating profit (loss) | 9901 | -€6,403 | €11,817 | +€18,220 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €11,515 | €8,765 | -€2,750 | -23.9% |
| Recurring financial charges | 65 | €9,578 | €8,728 | -€850 | -8.9% |
| Non-recurring financial charges | 66B | €1,937 | €37 | -€1,900 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,912 | €3,052 | +€20,964 | |
| Income taxes | 67/77 | €1,264 | €167 | -€1,097 | -86.8% |
| Profit (loss) for the period | 9904 | -€19,176 | €2,885 | +€22,061 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,176 | €2,885 | +€22,061 |
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 7 October 2026 via checked.be.