New Building: 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.
New Building
Largest movements
- Tangible fixed assets -€128,197
down €128,197 (-6.3%), from €2.0m to €1.9m
of which Land and buildings: -€127,386
- Receivables within one year -€70,089
down €70,089 (-73.7%), from €95,164 to €25,075
of which Trade receivables: -€46,845
- Profit (loss) carried forward -€162,449
down €162,449 (-49.3%), from -€329,342 to -€491,791
- Advances received -€51,160
no longer reported in 2024 (was €51,160)
- Debts after one year -€28,109
down €28,109 (-3.3%), from €852,870 to €824,760
of which Financial debts: -€15,637
- Gross operating margin +€91,994
new in 2024: €91,994
- Depreciation +€87,793
new in 2024: €87,793
- Financial charges +€43,757
new in 2024: €43,757
- Other operating charges +€6,902
new in 2024: €6,902
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €2,124,051 | €1,924,262 | -€199,789 | -9.4% |
| Fixed assets | 21/28 | €2,020,352 | €1,892,154 | -€128,197 | -6.3% |
| Tangible fixed assets | 22/27 | €2,019,292 | €1,891,094 | -€128,197 | -6.3% |
| Land and buildings | 22 | €1,714,072 | €1,586,686 | -€127,386 | -7.4% |
| Plant, machinery and equipment | 23 | €298,008 | €270,108 | -€27,900 | -9.4% |
| Furniture and vehicles | 24 | €7,212 | €34,301 | +€27,089 | +375.6% |
| Financial fixed assets | 28 | €1,060 | €1,060 | = | 0.0% |
| Current assets | 29/58 | €103,700 | €32,108 | -€71,592 | -69.0% |
| Amounts receivable within one year | 40/41 | €95,164 | €25,075 | -€70,089 | -73.7% |
| Trade receivables | 40 | €71,123 | €24,278 | -€46,845 | -65.9% |
| Other amounts receivable | 41 | €24,041 | €797 | -€23,244 | -96.7% |
| Cash at bank and in hand | 54/58 | €442 | - | -€442 | |
| Deferred charges and accrued income | 490/1 | €8,093 | €7,033 | -€1,060 | -13.1% |
| Total equity and liabilities | 10/49 | €2,124,051 | €1,924,262 | -€199,789 | -9.4% |
| Equity | 10/15 | €1,216,317 | €1,053,867 | -€162,449 | -13.4% |
| Contributions | 10/11 | €45,860 | €45,860 | = | 0.0% |
| Revaluation surpluses | 12 | €1,499,798 | €1,499,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€329,342 | -€491,791 | -€162,449 | -49.3% |
| Amounts payable | 17/49 | €907,735 | €870,395 | -€37,340 | -4.1% |
| Amounts payable after more than one year | 17 | €852,870 | €824,760 | -€28,109 | -3.3% |
| Financial debts | 170/4 | €840,397 | €824,760 | -€15,637 | -1.9% |
| Other amounts payable | 178/9 | €12,472 | - | -€12,472 | |
| Amounts payable within one year | 42/48 | €54,865 | €45,634 | -€9,230 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | - | €15,753 | +€15,753 | |
| Financial debts | 43 | - | €10,918 | +€10,918 | |
| Credit institutions | 430/8 | - | €10,918 | +€10,918 | |
| Trade debts | 44 | €1,537 | €17,104 | +€15,567 | +1013.0% |
| Suppliers | 440/4 | €1,537 | €11,697 | +€10,160 | +661.1% |
| Bills of exchange payable | 441 | - | €5,407 | +€5,407 | |
| Advances received on contracts in progress | 46 | €51,160 | - | -€51,160 | |
| Taxes, remuneration and social security | 45 | €2,168 | €1,859 | -€309 | -14.2% |
| Taxes | 450/3 | €2,168 | €1,859 | -€309 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €87,793 | +€87,793 | |
| Other operating charges | 640/8 | - | €6,902 | +€6,902 | |
| Gross operating margin | 9900 | - | €91,994 | +€91,994 | |
| Operating profit (loss) | 9901 | - | -€2,701 | -€2,701 | |
| Financial charges | 65/66B | - | €43,757 | +€43,757 | |
| Recurring financial charges | 65 | - | €43,757 | +€43,757 | |
| Profit (loss) for the period before taxes | 9903 | - | -€46,459 | -€46,459 | |
| Profit (loss) for the period | 9904 | - | -€46,459 | -€46,459 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€46,459 | -€46,459 |
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 6 October 2026 via checked.be.