PIERDETAIL: 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.
PIERDETAIL
Largest movements
- Tangible fixed assets +€25,116
up €25,116 (+4.4%), from €575,686 to €600,802
of which Land and buildings: +€26,170
- Other debts +€36,402
up €36,402 (+6.0%), from €602,361 to €638,763
- Profit (loss) carried forward -€16,930
down €16,930 (-47.0%), from -€36,047 to -€52,977
- Depreciation +€779
up €779 (+6.5%), from €12,004 to €12,783
- Gross operating margin -€466
down €466 (-22.5%), from -€2,069 to -€2,535
- Other operating charges +€48
up €48 (+3.2%), from €1,504 to €1,552
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 | €586,314 | €606,176 | +€19,862 | +3.4% |
| Fixed assets | 21/28 | €575,686 | €600,802 | +€25,116 | +4.4% |
| Tangible fixed assets | 22/27 | €575,686 | €600,802 | +€25,116 | +4.4% |
| Land and buildings | 22 | €516,619 | €542,789 | +€26,170 | +5.1% |
| Plant, machinery and equipment | 23 | €56,833 | €56,026 | -€807 | -1.4% |
| Furniture and vehicles | 24 | €2,234 | €1,987 | -€247 | -11.1% |
| Current assets | 29/58 | €10,628 | €5,374 | -€5,254 | -49.4% |
| Amounts receivable within one year | 40/41 | €585 | - | -€585 | |
| Trade receivables | 40 | €585 | - | -€585 | |
| Cash at bank and in hand | 54/58 | €10,043 | €5,374 | -€4,669 | -46.5% |
| Total equity and liabilities | 10/49 | €586,314 | €606,176 | +€19,862 | +3.4% |
| Equity | 10/15 | -€16,047 | -€32,977 | -€16,930 | -105% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,047 | -€52,977 | -€16,930 | -47.0% |
| Amounts payable | 17/49 | €602,361 | €639,153 | +€36,792 | +6.1% |
| Amounts payable within one year | 42/48 | €602,361 | €639,153 | +€36,792 | +6.1% |
| Trade debts | 44 | - | €390 | +€390 | |
| Suppliers | 440/4 | - | €390 | +€390 | |
| Other amounts payable | 47/48 | €602,361 | €638,763 | +€36,402 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,004 | €12,783 | +€779 | +6.5% |
| Other operating charges | 640/8 | €1,504 | €1,552 | +€48 | +3.2% |
| Gross operating margin | 9900 | -€2,069 | -€2,535 | -€466 | -22.5% |
| Operating profit (loss) | 9901 | -€15,578 | -€16,870 | -€1,292 | -8.3% |
| Financial charges | 65/66B | €52 | €59 | +€7 | +13.8% |
| Recurring financial charges | 65 | €52 | €59 | +€7 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,630 | -€16,930 | -€1,300 | -8.3% |
| Profit (loss) for the period | 9904 | -€15,630 | -€16,930 | -€1,300 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,630 | -€16,930 | -€1,300 | -8.3% |
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 16 October 2026 via checked.be.