PROPERTIES: 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.
PROPERTIES
Largest movements
- Cash +€203,670
up €203,670 (+506.1%), from €40,243 to €243,913
mainly Other debts (+€212,106) and Debts after one year (+€186,616)
- Stocks and contracts +€171,746
up €171,746 (+45.4%), from €378,625 to €550,372
- Other debts +€212,106
up €212,106 (+177.8%), from €119,310 to €331,416
- Debts after one year +€186,616
up €186,616 (+250.4%), from €74,533 to €261,148
- Trade debts -€21,687
down €21,687 (-53.4%), from €40,618 to €18,931
- Gross operating margin -€2,786
down €2,786 (-31.8%), from €8,754 to €5,969
- Financial charges -€1,652
down €1,652 (-20.0%), from €8,241 to €6,589
- Financial income +€1,253
up €1,253 (+300.4%), from €417 to €1,670
- Other operating charges -€810
down €810 (-42.4%), from €1,914 to €1,103
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 | €424,423 | €802,422 | +€377,998 | +89.1% |
| Current assets | 29/58 | €424,423 | €802,422 | +€377,998 | +89.1% |
| Stocks and contracts in progress | 3 | €378,625 | €550,372 | +€171,746 | +45.4% |
| Stocks | 30/36 | €378,625 | €550,372 | +€171,746 | +45.4% |
| Amounts receivable within one year | 40/41 | €5,142 | €8,137 | +€2,995 | +58.3% |
| Other amounts receivable | 41 | €5,142 | €8,137 | +€2,995 | +58.3% |
| Cash at bank and in hand | 54/58 | €40,243 | €243,913 | +€203,670 | +506.1% |
| Deferred charges and accrued income | 490/1 | €413 | - | -€413 | |
| Total equity and liabilities | 10/49 | €424,423 | €802,422 | +€377,998 | +89.1% |
| Equity | 10/15 | €37,673 | €37,619 | -€54 | -0.1% |
| Contributions | 10/11 | €18,815 | €18,815 | = | 0.0% |
| Reserves | 13 | €12,572 | €12,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,882 | - | -€1,882 | |
| Reserves not available under the articles | 1311 | €1,882 | - | -€1,882 | |
| Distributable reserves | 133 | €10,690 | €12,572 | +€1,882 | +17.6% |
| Profit (loss) carried forward | 14 | €6,287 | €6,233 | -€54 | -0.9% |
| Amounts payable | 17/49 | €386,750 | €764,802 | +€378,053 | +97.8% |
| Amounts payable after more than one year | 17 | €74,533 | €261,148 | +€186,616 | +250.4% |
| Financial debts | 170/4 | €74,533 | €261,148 | +€186,616 | +250.4% |
| Amounts payable within one year | 42/48 | €311,194 | €502,246 | +€191,052 | +61.4% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Other loans | 439 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €40,618 | €18,931 | -€21,687 | -53.4% |
| Suppliers | 440/4 | €40,618 | €18,931 | -€21,687 | -53.4% |
| Taxes, remuneration and social security | 45 | €1,266 | €1,899 | +€633 | +50.0% |
| Taxes | 450/3 | €1,266 | €1,899 | +€633 | +50.0% |
| Other amounts payable | 47/48 | €119,310 | €331,416 | +€212,106 | +177.8% |
| Accrued charges and deferred income | 492/3 | €1,024 | €1,408 | +€385 | +37.6% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Other operating charges | 640/8 | €1,914 | €1,103 | -€810 | -42.4% |
| Gross operating margin | 9900 | €8,754 | €5,969 | -€2,786 | -31.8% |
| Operating profit (loss) | 9901 | €6,841 | €4,865 | -€1,975 | -28.9% |
| Financial income | 75/76B | €417 | €1,670 | +€1,253 | +300.4% |
| Recurring financial income | 75 | €417 | €1,670 | +€1,253 | +300.4% |
| Financial charges | 65/66B | €8,241 | €6,589 | -€1,652 | -20.0% |
| Recurring financial charges | 65 | €8,241 | €6,589 | -€1,652 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€984 | -€54 | +€930 | +94.5% |
| Profit (loss) for the period | 9904 | -€984 | -€54 | +€930 | +94.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€984 | -€54 | +€930 | +94.5% |
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 6 October 2026 via checked.be.