PLACE LOUISE: 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.
PLACE LOUISE
Largest movements
- Receivables within one year +€365,542
up €365,542 (+1474.7%), from €24,787 to €390,329
- Tangible fixed assets -€174,379
down €174,379 (-5.4%), from €3.2m to €3.1m
of which Land and buildings: -€154,076
- Provisions +€368,598
new in 2024: €368,598
- Profit (loss) carried forward -€158,156
new in 2024: -€158,156
- Trade debts +€82,001
up €82,001 (+24310.3%), from €337 to €82,338
- Other debts -€77,739
no longer reported in 2024 (was €77,739)
- Provisions +€368,598
new in 2024: €368,598
- Gross operating margin +€141,731
up €141,731 (+43.2%), from €328,367 to €470,098
- Other operating charges +€50,983
up €50,983 (+149.2%), from €34,167 to €85,150
- Taxes -€35,089
no longer reported in 2024 (was €35,089)
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 | €3,394,699 | €3,609,550 | +€214,851 | +6.3% |
| Fixed assets | 21/28 | €3,232,223 | €3,057,844 | -€174,379 | -5.4% |
| Tangible fixed assets | 22/27 | €3,232,223 | €3,057,844 | -€174,379 | -5.4% |
| Land and buildings | 22 | €3,191,848 | €3,037,772 | -€154,076 | -4.8% |
| Furniture and vehicles | 24 | €40,375 | €20,072 | -€20,303 | -50.3% |
| Current assets | 29/58 | €162,476 | €551,706 | +€389,230 | +239.6% |
| Amounts receivable after more than one year | 29 | €6,358 | €6,358 | = | 0.0% |
| Trade receivables | 290 | €6,358 | €6,358 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,787 | €390,329 | +€365,542 | +1474.7% |
| Other amounts receivable | 41 | €24,787 | €390,329 | +€365,542 | +1474.7% |
| Cash at bank and in hand | 54/58 | €131,331 | €151,407 | +€20,076 | +15.3% |
| Deferred charges and accrued income | 490/1 | - | €3,612 | +€3,612 | |
| Total equity and liabilities | 10/49 | €3,394,699 | €3,609,550 | +€214,851 | +6.3% |
| Equity | 10/15 | €3,310,470 | €3,152,314 | -€158,156 | -4.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,387,538 | €2,387,538 | = | 0.0% |
| Reserves | 13 | €902,933 | €902,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,385 | €3,385 | = | 0.0% |
| Other | 1319 | €3,385 | €3,385 | = | 0.0% |
| Distributable reserves | 133 | €899,548 | €899,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€158,156 | -€158,156 | |
| Provisions and deferred taxes | 16 | - | €368,598 | +€368,598 | |
| Provisions for liabilities and charges | 160/5 | - | €368,598 | +€368,598 | |
| Other liabilities and charges | 164/5 | - | €368,598 | +€368,598 | |
| Amounts payable | 17/49 | €84,229 | €88,638 | +€4,409 | +5.2% |
| Amounts payable within one year | 42/48 | €83,165 | €87,528 | +€4,363 | +5.2% |
| Trade debts | 44 | €337 | €82,338 | +€82,001 | +24310.3% |
| Suppliers | 440/4 | €337 | €82,338 | +€82,001 | +24310.3% |
| Taxes, remuneration and social security | 45 | €5,089 | €5,190 | +€101 | +2.0% |
| Taxes | 450/3 | €5,089 | €5,190 | +€101 | +2.0% |
| Other amounts payable | 47/48 | €77,739 | - | -€77,739 | |
| Accrued charges and deferred income | 492/3 | €1,064 | €1,110 | +€46 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,144 | €174,379 | +€235 | +0.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €368,598 | +€368,598 | |
| Other operating charges | 640/8 | €34,167 | €85,150 | +€50,983 | +149.2% |
| Gross operating margin | 9900 | €328,367 | €470,098 | +€141,731 | +43.2% |
| Operating profit (loss) | 9901 | €120,056 | -€158,028 | -€278,084 | |
| Financial charges | 65/66B | €388 | €128 | -€260 | -67.1% |
| Recurring financial charges | 65 | €388 | €128 | -€260 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €119,668 | -€158,156 | -€277,824 | |
| Income taxes | 67/77 | €35,089 | - | -€35,089 | |
| Profit (loss) for the period | 9904 | €84,580 | -€158,156 | -€242,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €84,580 | -€158,156 | -€242,735 |
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 7 October 2026 via checked.be.