NEW RE-CREATIONS: what changed
NEW RE-CREATIONS
Largest movements
- Tangible fixed assets -€14,989
down €14,989 (-5.1%), from €296,747 to €281,758
of which Land and buildings: -€12,770
- Receivables within one year +€4,015
up €4,015 (+5.1%), from €78,556 to €82,572
of which Trade receivables: +€4,011
- Debts after one year -€13,066
down €13,066 (-9.1%), from €143,928 to €130,862
- Other debts +€8,767
up €8,767 (+8.5%), from €103,022 to €111,788
- Tax, wage and social debts -€5,152
down €5,152 (-27.0%), from €19,069 to €13,917
- Gross operating margin +€10,283
up €10,283 (+49.5%), from €20,780 to €31,063
- Other operating charges +€4,632
up €4,632 (+235%), from €1,970 to €6,602
- Financial charges +€4,584
up €4,584 (+149%), from €3,077 to €7,661
- Taxes +€1,341
up €1,341 (+116%), from €1,160 to €2,501
- Depreciation +€475
up €475 (+3.3%), from €14,515 to €14,989
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €378,547 | €366,974 | -€11,573 | -3.1% |
| Fixed assets | 21/28 | €296,747 | €281,758 | -€14,989 | -5.1% |
| Tangible fixed assets | 22/27 | €296,747 | €281,758 | -€14,989 | -5.1% |
| Land and buildings | 22 | €290,830 | €278,059 | -€12,770 | -4.4% |
| Furniture and vehicles | 24 | €5,918 | €3,698 | -€2,219 | -37.5% |
| Current assets | 29/58 | €81,800 | €85,216 | +€3,416 | +4.2% |
| Amounts receivable within one year | 40/41 | €78,556 | €82,572 | +€4,015 | +5.1% |
| Trade receivables | 40 | €78,239 | €82,251 | +€4,011 | +5.1% |
| Other amounts receivable | 41 | €317 | €321 | +€4 | +1.2% |
| Cash at bank and in hand | 54/58 | €1,527 | €1,426 | -€102 | -6.7% |
| Deferred charges and accrued income | 490/1 | €1,716 | €1,219 | -€498 | -29.0% |
| Total equity and liabilities | 10/49 | €378,547 | €366,974 | -€11,573 | -3.1% |
| Equity | 10/15 | €96,394 | €95,703 | -€690 | -0.7% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €90,144 | €89,453 | -€690 | -0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €88,284 | €87,593 | -€690 | -0.8% |
| Amounts payable | 17/49 | €282,153 | €271,270 | -€10,883 | -3.9% |
| Amounts payable after more than one year | 17 | €143,928 | €130,862 | -€13,066 | -9.1% |
| Financial debts | 170/4 | €143,928 | €130,862 | -€13,066 | -9.1% |
| Amounts payable within one year | 42/48 | €138,225 | €140,409 | +€2,183 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €12,836 | €13,066 | +€230 | +1.8% |
| Trade debts | 44 | €3,298 | €1,637 | -€1,662 | -50.4% |
| Suppliers | 440/4 | €3,298 | €1,637 | -€1,662 | -50.4% |
| Taxes, remuneration and social security | 45 | €19,069 | €13,917 | -€5,152 | -27.0% |
| Taxes | 450/3 | €19,069 | €13,917 | -€5,152 | -27.0% |
| Other amounts payable | 47/48 | €103,022 | €111,788 | +€8,767 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,515 | €14,989 | +€475 | +3.3% |
| Other operating charges | 640/8 | €1,970 | €6,602 | +€4,632 | +235% |
| Gross operating margin | 9900 | €20,780 | €31,063 | +€10,283 | +49.5% |
| Operating profit (loss) | 9901 | €4,295 | €9,472 | +€5,177 | +121% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,077 | €7,661 | +€4,584 | +149% |
| Recurring financial charges | 65 | €3,077 | €7,661 | +€4,584 | +149% |
| Profit (loss) for the period before taxes | 9903 | €1,218 | €1,810 | +€593 | +48.7% |
| Income taxes | 67/77 | €1,160 | €2,501 | +€1,341 | +116% |
| Profit (loss) for the period | 9904 | €58 | -€690 | -€748 | |
| Profit (loss) for the period to be appropriated | 9905 | €58 | -€690 | -€748 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.