NEREDEM: 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.
NEREDEM
Largest movements
- Current investments +€150,000
new in 2024: €150,000
- Cash -€121,552
down €121,552 (-69.1%), from €175,860 to €54,308
mainly Current investments (-€150,000) and Receivables within one year (-€4,819)
- Tangible fixed assets -€6,529
down €6,529 (-2.8%), from €230,190 to €223,660
- Receivables within one year +€4,819
up €4,819 (+141.6%), from €3,402 to €8,221
of which Other amounts receivable: +€4,819
- Reserves +€166,556
up €166,556 (+73.7%), from €226,013 to €392,569
of which Distributable reserves: +€166,556
- Profit (loss) carried forward -€147,269
down €147,269 (-88.4%), from €166,556 to €19,287
- Trade debts +€6,397
up €6,397 (+4699.2%), from €136 to €6,533
- Gross operating margin -€9,303
down €9,303 (-18.7%), from €49,711 to €40,408
- Other operating charges +€6,576
up €6,576 (+155.2%), from €4,238 to €10,814
- Taxes -€3,404
down €3,404 (-34.6%), from €9,833 to €6,429
- Financial income +€2,181
up €2,181 (+381.5%), from €572 to €2,752
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 | €413,073 | €438,757 | +€25,684 | +6.2% |
| Fixed assets | 21/28 | €230,190 | €223,660 | -€6,529 | -2.8% |
| Tangible fixed assets | 22/27 | €230,190 | €223,660 | -€6,529 | -2.8% |
| Land and buildings | 22 | €230,190 | €223,660 | -€6,529 | -2.8% |
| Current assets | 29/58 | €182,883 | €215,097 | +€32,213 | +17.6% |
| Amounts receivable within one year | 40/41 | €3,402 | €8,221 | +€4,819 | +141.6% |
| Trade receivables | 40 | €209 | €209 | = | 0.0% |
| Other amounts receivable | 41 | €3,193 | €8,011 | +€4,819 | +150.9% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €175,860 | €54,308 | -€121,552 | -69.1% |
| Deferred charges and accrued income | 490/1 | €3,621 | €2,568 | -€1,054 | -29.1% |
| Total equity and liabilities | 10/49 | €413,073 | €438,757 | +€25,684 | +6.2% |
| Equity | 10/15 | €411,169 | €430,456 | +€19,287 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €226,013 | €392,569 | +€166,556 | +73.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,073 | €22,073 | = | 0.0% |
| Distributable reserves | 133 | €202,080 | €368,636 | +€166,556 | +82.4% |
| Profit (loss) carried forward | 14 | €166,556 | €19,287 | -€147,269 | -88.4% |
| Amounts payable | 17/49 | €1,904 | €8,301 | +€6,397 | +335.9% |
| Amounts payable within one year | 42/48 | €1,904 | €8,301 | +€6,397 | +335.9% |
| Trade debts | 44 | €136 | €6,533 | +€6,397 | +4699.2% |
| Suppliers | 440/4 | €136 | €6,533 | +€6,397 | +4699.2% |
| Other amounts payable | 47/48 | €1,768 | €1,768 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,612 | €6,529 | -€83 | -1.3% |
| Other operating charges | 640/8 | €4,238 | €10,814 | +€6,576 | +155.2% |
| Gross operating margin | 9900 | €49,711 | €40,408 | -€9,303 | -18.7% |
| Operating profit (loss) | 9901 | €38,861 | €23,065 | -€15,796 | -40.6% |
| Financial income | 75/76B | €572 | €2,752 | +€2,181 | +381.5% |
| Recurring financial income | 75 | €572 | €2,752 | +€2,181 | +381.5% |
| Financial charges | 65/66B | €99 | €101 | +€2 | +1.9% |
| Recurring financial charges | 65 | €99 | €101 | +€2 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €39,334 | €25,716 | -€13,617 | -34.6% |
| Income taxes | 67/77 | €9,833 | €6,429 | -€3,404 | -34.6% |
| Profit (loss) for the period | 9904 | €29,500 | €19,287 | -€10,213 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,500 | €19,287 | -€10,213 | -34.6% |
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 30 September 2026 via checked.be.