POSTBUS X: 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.
POSTBUS X
Largest movements
- Stocks and contracts +€697,218
up €697,218 (+112.6%), from €619,332 to €1.3m
- Receivables within one year -€624,293
down €624,293 (-23.8%), from €2.6m to €2.0m
of which Other amounts receivable: -€330,578
- Cash -€104,600
down €104,600 (-66.9%), from €156,395 to €51,794
mainly Stocks and contracts (-€697,218) and Other debts (-€410,416)
- Debts after one year +€461,028
up €461,028 (+16.6%), from €2.8m to €3.2m
- Other debts -€410,416
down €410,416 (-100.0%), from €410,416 to €0
- Trade debts -€378,455
down €378,455 (-70.5%), from €536,834 to €158,379
- Profit (loss) carried forward +€152,715
up €152,715 (+57.2%), from -€266,908 to -€114,194
- Accrued charges and deferred income +€132,475
up €132,475 (+12.4%), from €1.1m to €1.2m
- Gross operating margin +€549,091
up €549,091, from -€151,641 to €397,450
- Financial charges +€140,299
up €140,299 (+189.9%), from €73,865 to €214,163
of which Financial charges: +€156,490
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 | €4,724,095 | €4,666,171 | -€57,924 | -1.2% |
| Fixed assets | 21/28 | €1,171,414 | €1,145,165 | -€26,249 | -2.2% |
| Tangible fixed assets | 22/27 | €643,414 | €617,165 | -€26,249 | -4.1% |
| Land and buildings | 22 | €609,021 | €584,980 | -€24,041 | -3.9% |
| Plant, machinery and equipment | 23 | €2,081 | €1,570 | -€511 | -24.6% |
| Furniture and vehicles | 24 | €32,311 | €30,614 | -€1,697 | -5.3% |
| Financial fixed assets | 28 | €528,000 | €528,000 | = | 0.0% |
| Current assets | 29/58 | €3,552,681 | €3,521,006 | -€31,675 | -0.9% |
| Stocks and contracts in progress | 3 | €619,332 | €1,316,551 | +€697,218 | +112.6% |
| Stocks | 30/36 | €619,332 | €1,316,551 | +€697,218 | +112.6% |
| Amounts receivable within one year | 40/41 | €2,625,357 | €2,001,064 | -€624,293 | -23.8% |
| Trade receivables | 40 | €295,867 | €2,152 | -€293,715 | -99.3% |
| Other amounts receivable | 41 | €2,329,489 | €1,998,912 | -€330,578 | -14.2% |
| Cash at bank and in hand | 54/58 | €156,395 | €51,794 | -€104,600 | -66.9% |
| Deferred charges and accrued income | 490/1 | €151,598 | €151,598 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,724,095 | €4,666,171 | -€57,924 | -1.2% |
| Equity | 10/15 | -€135,347 | €17,368 | +€152,715 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,961 | €112,961 | = | 0.0% |
| 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 | €111,101 | €111,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€266,908 | -€114,194 | +€152,715 | +57.2% |
| Amounts payable | 17/49 | €4,859,442 | €4,648,803 | -€210,639 | -4.3% |
| Amounts payable after more than one year | 17 | €2,778,136 | €3,239,164 | +€461,028 | +16.6% |
| Financial debts | 170/4 | €2,778,136 | €3,239,164 | +€461,028 | +16.6% |
| Amounts payable within one year | 42/48 | €1,011,913 | €207,772 | -€804,142 | -79.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €19,521 | +€19,521 | |
| Financial debts | 43 | €0 | €1,727 | +€1,727 | |
| Credit institutions | 430/8 | €0 | €1,727 | +€1,727 | |
| Trade debts | 44 | €536,834 | €158,379 | -€378,455 | -70.5% |
| Suppliers | 440/4 | €536,834 | €158,379 | -€378,455 | -70.5% |
| Taxes, remuneration and social security | 45 | €64,663 | €28,145 | -€36,518 | -56.5% |
| Taxes | 450/3 | €64,663 | €28,145 | -€36,518 | -56.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €410,416 | €0 | -€410,416 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,069,392 | €1,201,868 | +€132,475 | +12.4% |
| Non-recurring operating income | 76A | €7,148 | - | -€7,148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,129 | €26,249 | -€880 | -3.2% |
| Other operating charges | 640/8 | €5,337 | €3,424 | -€1,913 | -35.9% |
| Gross operating margin | 9900 | -€151,641 | €397,450 | +€549,091 | |
| Operating profit (loss) | 9901 | -€184,107 | €367,777 | +€551,884 | |
| Financial income | 75/76B | €400 | €0 | -€400 | -100.0% |
| Recurring financial income | 75 | €400 | €0 | -€400 | -100.0% |
| Financial charges | 65/66B | €73,865 | €214,163 | +€140,299 | +189.9% |
| Recurring financial charges | 65 | €57,674 | €214,163 | +€156,490 | +271.3% |
| Non-recurring financial charges | 66B | €16,191 | - | -€16,191 | |
| Profit (loss) for the period before taxes | 9903 | -€257,572 | €153,614 | +€411,185 | |
| Income taxes | 67/77 | €660 | €899 | +€239 | +36.3% |
| Profit (loss) for the period | 9904 | -€258,232 | €152,715 | +€410,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€258,232 | €152,715 | +€410,946 |
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 9 October 2026 via checked.be.