N.Y.C.: 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.
What changed
N.Y.C.
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€272,210
2023 · €329,722-€57,512
Equity
€1.7m
2023 · €1.9m-€196,290
Cash
€416,811
2023 · €394,581+€22,230
Balance sheet total
€3.0m
2023 · €3.2m-€165,703
Largest movements
Assets
- Tangible fixed assets -€149,998
down €149,998 (-10.3%), from €1.5m to €1.3m
of which Plant, machinery and equipment: -€102,184
- Stocks and contracts -€96,464
down €96,464 (-9.1%), from €1.1m to €967,141
- Receivables within one year +€54,000
up €54,000 (+65.9%), from €81,941 to €135,940
of which Other amounts receivable: +€27,269
Equity and liabilities
- Profit (loss) carried forward -€190,247
down €190,247 (-14.1%), from €1.4m to €1.2m
- Other debts +€124,618
up €124,618 (+36.2%), from €343,927 to €468,545
- Trade debts -€84,316
down €84,316 (-43.9%), from €192,282 to €107,966
- Debts after one year +€39,020
up €39,020 (+8.5%), from €457,386 to €496,406
Income statement
- Gross operating margin -€136,674
down €136,674 (-15.5%), from €883,603 to €746,929
- Purchases and services +€130,790
up €130,790 (+4.8%), from €2.7m to €2.9m
- Turnover -€57,851
down €57,851 (-1.6%), from €3.5m to €3.5m
- Staff costs -€51,454
down €51,454 (-15.6%), from €330,587 to €279,133
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.
Result 2023
€329,722
Gross operating margin
-€136,674
Staff costs
+€51,454
Depreciation
+€415
Write-downs
+€15,051
Other operating charges
-€265
Financial income
+€3,119
Financial charges
-€10,977
Taxes
+€20,365
Result 2024
€272,210
raises the resultlowers the result
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.
From operations
+€460,499
Investment
-€8,790
Financing
-€429,480
Cash 2023
€394,581
From operations (derived)
+€460,499
Net result for the year
+€272,210
Depreciation
+€155,687
Stocks and contracts
+€96,464
Receivables within one year
-€54,000
Deferred charges and accrued income
-€1,429
Provisions
-€2,015
Trade debts
-€84,316
Tax, wage and social debts
-€30,671
Other debts
+€124,618
Accrued charges and deferred income
-€16,050
Investment (derived)
-€8,790
Investment in fixed assets (net)
-€5,132
Current investments
-€3,657
Financing
-€429,480
Debts after one year
+€39,020
Contributions, distributions and other
-€468,500
Cash 2024
€416,811
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,163,626 | €2,997,923 | -€165,703 | -5.2% |
| Fixed assets | 21/28 | €1,457,592 | €1,307,037 | -€150,555 | -10.3% |
| Tangible fixed assets | 22/27 | €1,456,983 | €1,306,985 | -€149,998 | -10.3% |
| Land and buildings | 22 | €671,623 | €644,905 | -€26,718 | -4.0% |
| Plant, machinery and equipment | 23 | €716,565 | €614,381 | -€102,184 | -14.3% |
| Furniture and vehicles | 24 | €68,795 | €47,699 | -€21,097 | -30.7% |
| Financial fixed assets | 28 | €609 | €52 | -€556 | -91.4% |
| Current assets | 29/58 | €1,706,034 | €1,690,886 | -€15,148 | -0.9% |
| Stocks and contracts in progress | 3 | €1,063,605 | €967,141 | -€96,464 | -9.1% |
| Stocks | 30/36 | €1,063,605 | €967,141 | -€96,464 | -9.1% |
| Amounts receivable within one year | 40/41 | €81,941 | €135,940 | +€54,000 | +65.9% |
| Trade receivables | 40 | €57,305 | €84,036 | +€26,731 | +46.6% |
| Other amounts receivable | 41 | €24,636 | €51,905 | +€27,269 | +111% |
| Current investments | 50/53 | €150,147 | €153,804 | +€3,657 | +2.4% |
| Cash at bank and in hand | 54/58 | €394,581 | €416,811 | +€22,230 | +5.6% |
| Deferred charges and accrued income | 490/1 | €15,761 | €17,190 | +€1,429 | +9.1% |
| Total equity and liabilities | 10/49 | €3,163,626 | €2,997,923 | -€165,703 | -5.2% |
| Equity | 10/15 | €1,927,525 | €1,731,234 | -€196,290 | -10.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €176,235 | €170,191 | -€6,044 | -3.4% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €136,235 | €130,191 | -€6,044 | -4.4% |
| Profit (loss) carried forward | 14 | €1,351,290 | €1,161,043 | -€190,247 | -14.1% |
| Provisions and deferred taxes | 16 | €45,412 | €43,397 | -€2,015 | -4.4% |
| Deferred taxes | 168 | €45,412 | €43,397 | -€2,015 | -4.4% |
| Amounts payable | 17/49 | €1,190,690 | €1,223,292 | +€32,602 | +2.7% |
| Amounts payable after more than one year | 17 | €457,386 | €496,406 | +€39,020 | +8.5% |
| Other amounts payable | 178/9 | €457,386 | €496,406 | +€39,020 | +8.5% |
| Amounts payable within one year | 42/48 | €615,454 | €625,086 | +€9,631 | +1.6% |
| Trade debts | 44 | €192,282 | €107,966 | -€84,316 | -43.9% |
| Suppliers | 440/4 | €192,282 | €107,966 | -€84,316 | -43.9% |
| Taxes, remuneration and social security | 45 | €79,246 | €48,574 | -€30,671 | -38.7% |
| Taxes | 450/3 | €41,025 | €15,152 | -€25,873 | -63.1% |
| Remuneration and social security | 454/9 | €38,220 | €33,423 | -€4,798 | -12.6% |
| Other amounts payable | 47/48 | €343,927 | €468,545 | +€124,618 | +36.2% |
| Accrued charges and deferred income | 492/3 | €117,850 | €101,800 | -€16,050 | -13.6% |
| Turnover | 70 | €3,525,856 | €3,468,005 | -€57,851 | -1.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,737,156 | €2,867,947 | +€130,790 | +4.8% |
| Remuneration, social security and pensions | 62 | €330,587 | €279,133 | -€51,454 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,103 | €155,687 | -€415 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,363 | -€2,688 | -€15,051 | |
| Other operating charges | 640/8 | €17,138 | €17,403 | +€265 | +1.5% |
| Gross operating margin | 9900 | €883,603 | €746,929 | -€136,674 | -15.5% |
| Operating profit (loss) | 9901 | €367,413 | €297,394 | -€70,019 | -19.1% |
| Financial income | 75/76B | €9,501 | €12,620 | +€3,119 | +32.8% |
| Recurring financial income | 75 | €9,501 | €12,620 | +€3,119 | +32.8% |
| Financial charges | 65/66B | €22,242 | €33,219 | +€10,977 | +49.4% |
| Recurring financial charges | 65 | €22,242 | €33,219 | +€10,977 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €354,672 | €276,796 | -€77,877 | -22.0% |
| Transfer from deferred taxes | 780 | €2,015 | €2,015 | = | 0.0% |
| Income taxes | 67/77 | €26,965 | €6,601 | -€20,365 | -75.5% |
| Profit (loss) for the period | 9904 | €329,722 | €272,210 | -€57,512 | -17.4% |
| Transfer from tax-exempt reserves | 789 | €6,044 | €6,044 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €335,765 | €278,253 | -€57,512 | -17.1% |
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 19 October 2026 via checked.be.