NATIONAAL EIGENDOMSBEHEER: 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.
NATIONAAL EIGENDOMSBEHEER
Largest movements
- Tangible fixed assets +€215,088
up €215,088 (+23.5%), from €915,175 to €1.1m
of which Assets under construction and advance payments: +€168,508
- Receivables after one year +€32,370
up €32,370 (+16.9%), from €191,021 to €223,391
- Current portion of long-term debt +€273,874
up €273,874 (+1,390%), from €19,701 to €293,574
- Debts after one year -€18,635
down €18,635 (-7.3%), from €255,282 to €236,646
- Depreciation +€14,773
up €14,773 (+99.0%), from €14,925 to €29,698
- Gross operating margin +€7,792
up €7,792 (+26.6%), from €29,307 to €37,098
- Other operating charges +€7,746
up €7,746 (+329%), from €2,356 to €10,102
- Financial charges +€5,841
up €5,841 (+83.4%), from €7,007 to €12,848
- Financial income +€5,379
up €5,379 (+111%), from €4,841 to €10,220
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,143,544 | €1,398,641 | +€255,097 | +22.3% |
| Fixed assets | 21/28 | €915,175 | €1,130,263 | +€215,088 | +23.5% |
| Tangible fixed assets | 22/27 | €915,175 | €1,130,263 | +€215,088 | +23.5% |
| Land and buildings | 22 | €915,175 | €951,777 | +€36,602 | +4.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €9,978 | +€9,978 | |
| Assets under construction and advance payments | 27 | - | €168,508 | +€168,508 | |
| Current assets | 29/58 | €228,369 | €268,378 | +€40,009 | +17.5% |
| Amounts receivable after more than one year | 29 | €191,021 | €223,391 | +€32,370 | +16.9% |
| Other amounts receivable | 291 | €191,021 | €223,391 | +€32,370 | +16.9% |
| Amounts receivable within one year | 40/41 | €37,221 | €44,946 | +€7,725 | +20.8% |
| Other amounts receivable | 41 | €37,221 | €44,946 | +€7,725 | +20.8% |
| Cash at bank and in hand | 54/58 | €128 | €41 | -€87 | -67.8% |
| Total equity and liabilities | 10/49 | €1,143,544 | €1,398,641 | +€255,097 | +22.3% |
| Equity | 10/15 | €866,171 | €860,841 | -€5,330 | -0.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Contributions outside capital | 11 | €0 | - | = | |
| Other | 1109/19 | €0 | - | = | |
| Revaluation surpluses | 12 | €635,802 | €635,802 | = | 0.0% |
| Reserves | 13 | €43,204 | €43,204 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,000 | €37,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37,000 | €37,000 | = | 0.0% |
| Distributable reserves | 133 | €6,204 | €6,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,164 | €111,835 | -€5,330 | -4.5% |
| Amounts payable | 17/49 | €277,373 | €537,800 | +€260,426 | +93.9% |
| Amounts payable after more than one year | 17 | €255,282 | €236,646 | -€18,635 | -7.3% |
| Financial debts | 170/4 | €255,282 | €236,646 | -€18,635 | -7.3% |
| Amounts payable within one year | 42/48 | €19,900 | €301,153 | +€281,253 | +1,413% |
| Current portion of amounts payable after more than one year | 42 | €19,701 | €293,574 | +€273,874 | +1,390% |
| Trade debts | 44 | €200 | €7,579 | +€7,379 | +3,696% |
| Suppliers | 440/4 | €200 | €7,579 | +€7,379 | +3,696% |
| Accrued charges and deferred income | 492/3 | €2,191 | €0 | -€2,191 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,925 | €29,698 | +€14,773 | +99.0% |
| Other operating charges | 640/8 | €2,356 | €10,102 | +€7,746 | +329% |
| Gross operating margin | 9900 | €29,307 | €37,098 | +€7,792 | +26.6% |
| Operating profit (loss) | 9901 | €12,025 | -€2,702 | -€14,727 | |
| Financial income | 75/76B | €4,841 | €10,220 | +€5,379 | +111% |
| Recurring financial income | 75 | €4,841 | €10,220 | +€5,379 | +111% |
| Financial charges | 65/66B | €7,007 | €12,848 | +€5,841 | +83.4% |
| Recurring financial charges | 65 | €7,007 | €12,848 | +€5,841 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | €9,860 | -€5,330 | -€15,189 | |
| Profit (loss) for the period | 9904 | €9,860 | -€5,330 | -€15,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,860 | -€5,330 | -€15,189 |
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 28 October 2026 via checked.be.