Property Development Management & Care: 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.
Property Development Management & Care
Largest movements
- Receivables within one year +€12,056
up €12,056 (+66.0%), from €18,272 to €30,328
of which Other amounts receivable: +€10,649
- Tangible fixed assets +€4,900
up €4,900 (+43.5%), from €11,254 to €16,153
of which Furniture and vehicles: +€8,409
- Financial fixed assets +€4,350
new in 2024: €4,350
- Deferred charges and accrued income +€755
up €755 (+61.9%), from €1,220 to €1,975
- Cash +€607
up €607 (+38.0%), from €1,594 to €2,201
mainly Net result for the year (+€11,331) and Depreciation (+€8,021)
- Reserves +€11,331
up €11,331 (+123%), from €9,193 to €20,523
- Debts after one year +€4,900
new in 2024: €4,900
- Current portion of long-term debt +€4,104
up €4,104 (+206%), from €1,988 to €6,092
- Accrued charges and deferred income +€1,943
up €1,943 (+194%), from €1,000 to €2,943
- Other debts -€833
no longer reported in 2024 (was €833)
- Depreciation +€3,571
up €3,571 (+80.2%), from €4,450 to €8,021
- Other operating charges +€1,781
up €1,781 (+251%), from €711 to €2,492
- Gross operating margin +€1,720
up €1,720 (+7.4%), from €23,382 to €25,102
- Taxes +€864
up €864 (+37.4%), from €2,312 to €3,176
- Financial charges +€602
up €602 (+98.4%), from €611 to €1,213
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 | €37,093 | €59,276 | +€22,183 | +59.8% |
| Fixed assets | 21/28 | €11,254 | €20,503 | +€9,250 | +82.2% |
| Tangible fixed assets | 22/27 | €11,254 | €16,153 | +€4,900 | +43.5% |
| Plant, machinery and equipment | 23 | €5,712 | €2,710 | -€3,002 | -52.6% |
| Furniture and vehicles | 24 | €945 | €9,354 | +€8,409 | +889% |
| Other tangible fixed assets | 26 | €4,597 | €4,089 | -€508 | -11.0% |
| Financial fixed assets | 28 | - | €4,350 | +€4,350 | |
| Current assets | 29/58 | €25,839 | €38,772 | +€12,934 | +50.1% |
| Stocks and contracts in progress | 3 | €4,752 | €4,268 | -€484 | -10.2% |
| Stocks | 30/36 | €4,752 | €4,268 | -€484 | -10.2% |
| Amounts receivable within one year | 40/41 | €18,272 | €30,328 | +€12,056 | +66.0% |
| Trade receivables | 40 | €5,860 | €7,266 | +€1,406 | +24.0% |
| Other amounts receivable | 41 | €12,412 | €23,062 | +€10,649 | +85.8% |
| Cash at bank and in hand | 54/58 | €1,594 | €2,201 | +€607 | +38.0% |
| Deferred charges and accrued income | 490/1 | €1,220 | €1,975 | +€755 | +61.9% |
| Total equity and liabilities | 10/49 | €37,093 | €59,276 | +€22,183 | +59.8% |
| Equity | 10/15 | €27,793 | €39,123 | +€11,331 | +40.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,193 | €20,523 | +€11,331 | +123% |
| Distributable reserves | 133 | €9,193 | €20,523 | +€11,331 | +123% |
| Amounts payable | 17/49 | €9,300 | €20,152 | +€10,853 | +117% |
| Amounts payable after more than one year | 17 | - | €4,900 | +€4,900 | |
| Financial debts | 170/4 | - | €4,900 | +€4,900 | |
| Amounts payable within one year | 42/48 | €8,300 | €12,310 | +€4,010 | +48.3% |
| Current portion of amounts payable after more than one year | 42 | €1,988 | €6,092 | +€4,104 | +206% |
| Trade debts | 44 | €1,106 | €1,688 | +€582 | +52.6% |
| Suppliers | 440/4 | €1,106 | €1,688 | +€582 | +52.6% |
| Taxes, remuneration and social security | 45 | €4,373 | €4,530 | +€157 | +3.6% |
| Taxes | 450/3 | €4,373 | €4,530 | +€157 | +3.6% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,943 | +€1,943 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,450 | €8,021 | +€3,571 | +80.2% |
| Other operating charges | 640/8 | €711 | €2,492 | +€1,781 | +251% |
| Gross operating margin | 9900 | €23,382 | €25,102 | +€1,720 | +7.4% |
| Operating profit (loss) | 9901 | €18,221 | €14,589 | -€3,632 | -19.9% |
| Financial income | 75/76B | €988 | €1,130 | +€142 | +14.3% |
| Recurring financial income | 75 | €988 | €1,130 | +€142 | +14.3% |
| Financial charges | 65/66B | €611 | €1,213 | +€602 | +98.4% |
| Recurring financial charges | 65 | €611 | €1,213 | +€602 | +98.4% |
| Profit (loss) for the period before taxes | 9903 | €18,598 | €14,506 | -€4,092 | -22.0% |
| Income taxes | 67/77 | €2,312 | €3,176 | +€864 | +37.4% |
| Profit (loss) for the period | 9904 | €16,287 | €11,331 | -€4,956 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,287 | €11,331 | -€4,956 | -30.4% |
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 20 October 2026 via checked.be.