MOVE CONCEPT: 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.
MOVE CONCEPT
Largest movements
- Tangible fixed assets +€485,142
up €485,142 (+702.9%), from €69,015 to €554,157
of which Land and buildings: +€502,062
- Financial fixed assets -€22,975
no longer reported in 2024 (was €22,975)
- Cash -€5,822
down €5,822 (-36.8%), from €15,842 to €10,019
mainly Investment in fixed assets (net) (-€508,377)
- Debts after one year +€440,391
up €440,391 (+1004.5%), from €43,841 to €484,232
- Gross operating margin +€26,483
up €26,483 (+79.8%), from €33,205 to €59,688
- Depreciation +€18,687
up €18,687 (+67.9%), from €27,524 to €46,211
- Financial charges +€3,143
up €3,143 (+131.5%), from €2,390 to €5,533
- Taxes +€2,182
up €2,182 (+1008.8%), from €216 to €2,399
- Other operating charges -€1,613
down €1,613 (-66.1%), from €2,441 to €828
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 | €117,909 | €573,638 | +€455,729 | +386.5% |
| Fixed assets | 21/28 | €91,990 | €554,157 | +€462,167 | +502.4% |
| Tangible fixed assets | 22/27 | €69,015 | €554,157 | +€485,142 | +702.9% |
| Land and buildings | 22 | - | €502,062 | +€502,062 | |
| Plant, machinery and equipment | 23 | €6,884 | €6,112 | -€772 | -11.2% |
| Furniture and vehicles | 24 | €57,173 | €39,993 | -€17,180 | -30.0% |
| Other tangible fixed assets | 26 | €4,958 | €5,989 | +€1,031 | +20.8% |
| Financial fixed assets | 28 | €22,975 | - | -€22,975 | |
| Current assets | 29/58 | €25,918 | €19,481 | -€6,438 | -24.8% |
| Amounts receivable within one year | 40/41 | €9,258 | €8,624 | -€634 | -6.8% |
| Trade receivables | 40 | €9,258 | €8,624 | -€634 | -6.8% |
| Cash at bank and in hand | 54/58 | €15,842 | €10,019 | -€5,822 | -36.8% |
| Deferred charges and accrued income | 490/1 | €819 | €838 | +€19 | +2.3% |
| Total equity and liabilities | 10/49 | €117,909 | €573,638 | +€455,729 | +386.5% |
| Equity | 10/15 | €60,546 | €65,264 | +€4,718 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,512 | €18,512 | = | 0.0% |
| Distributable reserves | 133 | €18,512 | €18,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,433 | €28,152 | +€4,718 | +20.1% |
| Amounts payable | 17/49 | €57,363 | €508,374 | +€451,010 | +786.2% |
| Amounts payable after more than one year | 17 | €43,841 | €484,232 | +€440,391 | +1004.5% |
| Financial debts | 170/4 | €43,841 | €484,232 | +€440,391 | +1004.5% |
| Amounts payable within one year | 42/48 | €13,522 | €24,142 | +€10,619 | +78.5% |
| Current portion of amounts payable after more than one year | 42 | €11,512 | €16,852 | +€5,340 | +46.4% |
| Trade debts | 44 | €1,794 | €1,373 | -€421 | -23.5% |
| Suppliers | 440/4 | €1,794 | €1,373 | -€421 | -23.5% |
| Taxes, remuneration and social security | 45 | €216 | €2,615 | +€2,399 | +1108.8% |
| Taxes | 450/3 | €216 | €2,615 | +€2,399 | +1108.8% |
| Other amounts payable | 47/48 | - | €3,302 | +€3,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,524 | €46,211 | +€18,687 | +67.9% |
| Other operating charges | 640/8 | €2,441 | €828 | -€1,613 | -66.1% |
| Gross operating margin | 9900 | €33,205 | €59,688 | +€26,483 | +79.8% |
| Operating profit (loss) | 9901 | €3,240 | €12,648 | +€9,409 | +290.4% |
| Financial income | 75/76B | €7 | €1 | -€6 | -81.7% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -81.7% |
| Financial charges | 65/66B | €2,390 | €5,533 | +€3,143 | +131.5% |
| Recurring financial charges | 65 | €2,390 | €5,533 | +€3,143 | +131.5% |
| Profit (loss) for the period before taxes | 9903 | €857 | €7,117 | +€6,260 | +730.2% |
| Income taxes | 67/77 | €216 | €2,399 | +€2,182 | +1008.8% |
| Profit (loss) for the period | 9904 | €641 | €4,718 | +€4,077 | +636.2% |
| Profit (loss) for the period to be appropriated | 9905 | €641 | €4,718 | +€4,077 | +636.2% |
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 4 October 2026 via checked.be.