PROJECT BOUDEWIJNLAAN: 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.
PROJECT BOUDEWIJNLAAN
Largest movements
- Tangible fixed assets -€14,054
down €14,054 (-1.5%), from €965,698 to €951,644
- Profit (loss) carried forward -€351,629
down €351,629 (-8.5%), from -€4.1m to -€4.5m
- Debts after one year +€316,128
up €316,128 (+7.9%), from €4.0m to €4.3m
- Trade debts +€17,746
up €17,746 (+126%), from €14,071 to €31,817
- Purchases and services +€32,510
new in 2024: €32,510
- Financial charges +€30,434
up €30,434 (+11.1%), from €273,539 to €303,972
- Gross operating margin -€14,962
down €14,962 (-85.3%), from -€17,547 to -€32,510
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 | €990,412 | €972,656 | -€17,755 | -1.8% |
| Fixed assets | 21/28 | €965,698 | €951,644 | -€14,054 | -1.5% |
| Tangible fixed assets | 22/27 | €965,698 | €951,644 | -€14,054 | -1.5% |
| Land and buildings | 22 | €965,698 | €951,644 | -€14,054 | -1.5% |
| Current assets | 29/58 | €24,714 | €21,012 | -€3,702 | -15.0% |
| Amounts receivable within one year | 40/41 | €24,082 | €20,461 | -€3,621 | -15.0% |
| Trade receivables | 40 | €360 | €360 | = | 0.0% |
| Other amounts receivable | 41 | €23,722 | €20,101 | -€3,621 | -15.3% |
| Cash at bank and in hand | 54/58 | €632 | €551 | -€80 | -12.7% |
| Total equity and liabilities | 10/49 | €990,412 | €972,656 | -€17,755 | -1.8% |
| Equity | 10/15 | -€3,028,601 | -€3,380,230 | -€351,629 | -11.6% |
| Contributions | 10/11 | €1,000,605 | €1,000,605 | = | 0.0% |
| Capital | 10 | €1,000,605 | €1,000,605 | = | 0.0% |
| Issued capital | 100 | €1,000,605 | €1,000,605 | = | 0.0% |
| Reserves | 13 | €100,061 | €100,061 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,061 | €100,061 | = | 0.0% |
| Legal reserve | 130 | €100,061 | €100,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,129,267 | -€4,480,896 | -€351,629 | -8.5% |
| Amounts payable | 17/49 | €4,019,013 | €4,352,887 | +€333,874 | +8.3% |
| Amounts payable after more than one year | 17 | €4,004,942 | €4,321,070 | +€316,128 | +7.9% |
| Other amounts payable | 178/9 | €4,004,942 | €4,321,070 | +€316,128 | +7.9% |
| Amounts payable within one year | 42/48 | €14,071 | €31,817 | +€17,746 | +126% |
| Trade debts | 44 | €14,071 | €31,817 | +€17,746 | +126% |
| Suppliers | 440/4 | €14,071 | €31,817 | +€17,746 | +126% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €32,510 | +€32,510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,054 | €14,054 | = | 0.0% |
| Other operating charges | 640/8 | €1,075 | €1,094 | +€18 | +1.7% |
| Gross operating margin | 9900 | -€17,547 | -€32,510 | -€14,962 | -85.3% |
| Operating profit (loss) | 9901 | -€32,676 | -€47,657 | -€14,981 | -45.8% |
| Financial charges | 65/66B | €273,539 | €303,972 | +€30,434 | +11.1% |
| Recurring financial charges | 65 | €273,539 | €303,972 | +€30,434 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€306,215 | -€351,629 | -€45,415 | -14.8% |
| Profit (loss) for the period | 9904 | -€306,215 | -€351,629 | -€45,415 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€306,215 | -€351,629 | -€45,415 | -14.8% |
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 18 October 2026 via checked.be.