RealValue: 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.
RealValue
Largest movements
- Receivables within one year +€2,526
up €2,526 (+15.7%), from €16,121 to €18,647
- Cash -€2,206
down €2,206 (-7.1%), from €31,130 to €28,924
mainly Receivables within one year (-€2,526) and Investment in fixed assets (net) (-€899)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,890
up €2,890, from -€1,327 to €1,562
- Depreciation -€172
down €172 (-16.4%), from €1,050 to €878
- Other operating charges +€38
up €38 (+9.2%), from €416 to €454
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 | €55,817 | €56,158 | +€341 | +0.6% |
| Fixed assets | 21/28 | €8,566 | €8,587 | +€21 | +0.2% |
| Tangible fixed assets | 22/27 | €8,566 | €8,587 | +€21 | +0.2% |
| Land and buildings | 22 | €1,500 | €1,500 | = | 0.0% |
| Furniture and vehicles | 24 | €623 | €943 | +€320 | +51.4% |
| Other tangible fixed assets | 26 | €6,443 | €6,144 | -€299 | -4.6% |
| Current assets | 29/58 | €47,251 | €47,571 | +€320 | +0.7% |
| Amounts receivable within one year | 40/41 | €16,121 | €18,647 | +€2,526 | +15.7% |
| Trade receivables | 40 | €16,121 | €18,647 | +€2,526 | +15.7% |
| Cash at bank and in hand | 54/58 | €31,130 | €28,924 | -€2,206 | -7.1% |
| Total equity and liabilities | 10/49 | €55,817 | €56,158 | +€341 | +0.6% |
| Equity | 10/15 | -€17,713 | -€17,513 | +€200 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,574 | €1,574 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,574 | €1,574 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,574 | €1,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,287 | -€39,087 | +€200 | +0.5% |
| Amounts payable | 17/49 | €73,530 | €73,671 | +€141 | +0.2% |
| Amounts payable within one year | 42/48 | €73,530 | €73,671 | +€141 | +0.2% |
| Trade debts | 44 | €73,530 | €73,671 | +€141 | +0.2% |
| Suppliers | 440/4 | €73,530 | €73,671 | +€141 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €878 | -€172 | -16.4% |
| Other operating charges | 640/8 | €416 | €454 | +€38 | +9.2% |
| Gross operating margin | 9900 | -€1,327 | €1,562 | +€2,890 | |
| Operating profit (loss) | 9901 | -€2,793 | €230 | +€3,024 | |
| Financial charges | 65/66B | €34 | €30 | -€4 | -11.1% |
| Recurring financial charges | 65 | €34 | €30 | -€4 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,827 | €200 | +€3,027 | |
| Profit (loss) for the period | 9904 | -€2,827 | €200 | +€3,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,827 | €200 | +€3,027 |
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 30 September 2026 via checked.be.