Rawperformance: 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.
Rawperformance
Largest movements
- Receivables within one year +€20,585
up €20,585 (+1973.3%), from €1,043 to €21,628
of which Trade receivables: +€20,585
- Tangible fixed assets -€12,195
down €12,195 (-3.2%), from €386,422 to €374,228
of which Land and buildings: -€13,887
- Profit (loss) carried forward -€16,794
new in 2024: -€16,794
- Trade debts +€13,476
up €13,476 (+173.2%), from €7,783 to €21,259
- Current portion of long-term debt +€7,631
up €7,631 (+39.0%), from €19,546 to €27,177
- Debts after one year +€4,857
up €4,857 (+1.4%), from €334,969 to €339,825
- Gross operating margin -€32,317
down €32,317 (-47.6%), from €67,836 to €35,519
- Staff costs +€11,083
new in 2024: €11,083
- Taxes -€5,826
down €5,826 (-98.8%), from €5,899 to €72
- Depreciation +€1,642
up €1,642 (+5.5%), from €30,040 to €31,682
- Other operating charges +€986
up €986 (+48.1%), from €2,052 to €3,038
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 | €408,912 | €416,032 | +€7,120 | +1.7% |
| Fixed assets | 21/28 | €386,422 | €374,228 | -€12,195 | -3.2% |
| Tangible fixed assets | 22/27 | €386,422 | €374,228 | -€12,195 | -3.2% |
| Land and buildings | 22 | €367,548 | €353,660 | -€13,887 | -3.8% |
| Plant, machinery and equipment | 23 | €17,564 | €17,649 | +€85 | +0.5% |
| Furniture and vehicles | 24 | €1,311 | €2,919 | +€1,608 | +122.6% |
| Current assets | 29/58 | €22,490 | €41,805 | +€19,314 | +85.9% |
| Amounts receivable within one year | 40/41 | €1,043 | €21,628 | +€20,585 | +1973.3% |
| Trade receivables | 40 | €1,043 | €21,628 | +€20,585 | +1973.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,930 | €9,911 | -€4,019 | -28.9% |
| Deferred charges and accrued income | 490/1 | €7,517 | €10,266 | +€2,749 | +36.6% |
| Total equity and liabilities | 10/49 | €408,912 | €416,032 | +€7,120 | +1.7% |
| Equity | 10/15 | €33,283 | €16,489 | -€16,794 | -50.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €29,283 | €29,283 | = | 0.0% |
| Distributable reserves | 133 | €29,283 | €29,283 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,794 | -€16,794 | |
| Amounts payable | 17/49 | €375,630 | €399,544 | +€23,914 | +6.4% |
| Amounts payable after more than one year | 17 | €334,969 | €339,825 | +€4,857 | +1.4% |
| Financial debts | 170/4 | €334,969 | €339,825 | +€4,857 | +1.4% |
| Amounts payable within one year | 42/48 | €39,051 | €59,185 | +€20,134 | +51.6% |
| Current portion of amounts payable after more than one year | 42 | €19,546 | €27,177 | +€7,631 | +39.0% |
| Trade debts | 44 | €7,783 | €21,259 | +€13,476 | +173.2% |
| Suppliers | 440/4 | €7,783 | €21,259 | +€13,476 | +173.2% |
| Taxes, remuneration and social security | 45 | €9,673 | €6,226 | -€3,446 | -35.6% |
| Taxes | 450/3 | €9,673 | €6,202 | -€3,471 | -35.9% |
| Remuneration and social security | 454/9 | - | €24 | +€24 | |
| Other amounts payable | 47/48 | €2,049 | €4,523 | +€2,473 | +120.7% |
| Accrued charges and deferred income | 492/3 | €1,610 | €533 | -€1,077 | -66.9% |
| Remuneration, social security and pensions | 62 | - | €11,083 | +€11,083 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,040 | €31,682 | +€1,642 | +5.5% |
| Other operating charges | 640/8 | €2,052 | €3,038 | +€986 | +48.1% |
| Gross operating margin | 9900 | €67,836 | €35,519 | -€32,317 | -47.6% |
| Operating profit (loss) | 9901 | €35,744 | -€10,284 | -€46,028 | |
| Financial income | 75/76B | €65 | €770 | +€704 | +1082.6% |
| Recurring financial income | 75 | €65 | €770 | +€704 | +1082.6% |
| Financial charges | 65/66B | €6,729 | €7,207 | +€478 | +7.1% |
| Recurring financial charges | 65 | €6,729 | €7,207 | +€478 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €29,080 | -€16,722 | -€45,802 | |
| Income taxes | 67/77 | €5,899 | €72 | -€5,826 | -98.8% |
| Profit (loss) for the period | 9904 | €23,182 | -€16,794 | -€39,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,182 | -€16,794 | -€39,976 |
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 5 October 2026 via checked.be.