PLAN DISCOVERY: 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.
PLAN DISCOVERY
Largest movements
- Tangible fixed assets +€263,308
up €263,308 (+41.0%), from €642,620 to €905,928
of which Land and buildings: +€218,194
- Receivables within one year +€27,690
up €27,690 (+236%), from €11,730 to €39,420
- Debts after one year +€131,608
up €131,608 (+25.4%), from €518,026 to €649,634
- Trade debts +€80,927
up €80,927 (+2,721%), from €2,974 to €83,902
- Advances received +€43,628
new in 2024: €43,628
- Profit (loss) carried forward +€28,583
up €28,583 (+25.5%), from €112,152 to €140,735
- Depreciation +€22,399
up €22,399 (+91.9%), from €24,367 to €46,765
- Gross operating margin +€20,384
up €20,384 (+18.7%), from €108,970 to €129,354
- Other operating charges +€19,032
up €19,032 (+623%), from €3,056 to €22,088
- Financial charges +€9,130
up €9,130 (+114%), from €7,983 to €17,112
- Staff costs +€6,750
up €6,750, from €0 to €6,750
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 | €722,516 | €1,013,567 | +€291,052 | +40.3% |
| Fixed assets | 21/28 | €642,620 | €905,928 | +€263,308 | +41.0% |
| Tangible fixed assets | 22/27 | €642,620 | €905,928 | +€263,308 | +41.0% |
| Land and buildings | 22 | €436,083 | €654,277 | +€218,194 | +50.0% |
| Plant, machinery and equipment | 23 | €2,752 | €1,530 | -€1,221 | -44.4% |
| Furniture and vehicles | 24 | €509 | €70,789 | +€70,281 | +13,820% |
| Leasing and similar rights | 25 | €136,903 | €114,230 | -€22,672 | -16.6% |
| Other tangible fixed assets | 26 | €66,374 | €65,101 | -€1,272 | -1.9% |
| Current assets | 29/58 | €79,896 | €107,639 | +€27,743 | +34.7% |
| Amounts receivable after more than one year | 29 | €67,793 | €67,793 | = | 0.0% |
| Other amounts receivable | 291 | €67,793 | €67,793 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,730 | €39,420 | +€27,690 | +236% |
| Trade receivables | 40 | €11,730 | €39,420 | +€27,690 | +236% |
| Cash at bank and in hand | 54/58 | €263 | €10 | -€253 | -96.2% |
| Deferred charges and accrued income | 490/1 | €110 | €416 | +€306 | +279% |
| Total equity and liabilities | 10/49 | €722,516 | €1,013,567 | +€291,052 | +40.3% |
| Equity | 10/15 | €122,152 | €150,735 | +€28,583 | +23.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,152 | €140,735 | +€28,583 | +25.5% |
| Amounts payable | 17/49 | €600,364 | €862,833 | +€262,469 | +43.7% |
| Amounts payable after more than one year | 17 | €518,026 | €649,634 | +€131,608 | +25.4% |
| Financial debts | 170/4 | €518,026 | €649,634 | +€131,608 | +25.4% |
| Amounts payable within one year | 42/48 | €82,195 | €211,263 | +€129,068 | +157% |
| Current portion of amounts payable after more than one year | 42 | €44,280 | €42,279 | -€2,001 | -4.5% |
| Trade debts | 44 | €2,974 | €83,902 | +€80,927 | +2,721% |
| Suppliers | 440/4 | €2,974 | €83,902 | +€80,927 | +2,721% |
| Advances received on contracts in progress | 46 | - | €43,628 | +€43,628 | |
| Taxes, remuneration and social security | 45 | €25,368 | €29,881 | +€4,513 | +17.8% |
| Taxes | 450/3 | €25,368 | €27,381 | +€2,013 | +7.9% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €9,573 | €11,573 | +€2,000 | +20.9% |
| Accrued charges and deferred income | 492/3 | €143 | €1,935 | +€1,792 | +1,250% |
| Remuneration, social security and pensions | 62 | €0 | €6,750 | +€6,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,367 | €46,765 | +€22,399 | +91.9% |
| Other operating charges | 640/8 | €3,056 | €22,088 | +€19,032 | +623% |
| Gross operating margin | 9900 | €108,970 | €129,354 | +€20,384 | +18.7% |
| Operating profit (loss) | 9901 | €81,547 | €53,750 | -€27,797 | -34.1% |
| Financial income | 75/76B | €0 | €21 | +€21 | +5,259% |
| Recurring financial income | 75 | €0 | €21 | +€21 | +5,259% |
| Financial charges | 65/66B | €7,983 | €17,112 | +€9,130 | +114% |
| Recurring financial charges | 65 | €7,983 | €17,112 | +€9,130 | +114% |
| Profit (loss) for the period before taxes | 9903 | €73,565 | €36,659 | -€36,906 | -50.2% |
| Income taxes | 67/77 | €12,648 | €8,076 | -€4,572 | -36.1% |
| Profit (loss) for the period | 9904 | €60,917 | €28,583 | -€32,334 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,917 | €28,583 | -€32,334 | -53.1% |
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.