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Relive: 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.

What changed

Relive

BE 0763.997.041
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,344
2023 · -€27,937+€34,281
Equity
€181,068
2023 · €174,725+€6,344
Cash
€85,593
2023 · €76,805+€8,787
Balance sheet total
€1.3m
2023 · €1.3m+€12,656

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€29,798

    new in 2024: €29,798

    of which Other amounts receivable: +€17,000

  • Tangible fixed assets -€25,406

    down €25,406 (-2.2%), from €1.1m to €1.1m

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Financial charges -€21,140

      down €21,140 (-68.8%), from €30,743 to €9,602

    • Other operating charges -€9,932

      down €9,932 (-100.0%), from €9,932 to €0

    • Gross operating margin +€7,394

      up €7,394 (+21.8%), from €33,957 to €41,352

    • Depreciation +€3,886

      up €3,886 (+18.1%), from €21,520 to €25,406

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€27,937
    Gross operating margin +€7,394
    Depreciation -€3,886
    Other operating charges +€9,932
    Financial income -€300
    Financial charges +€21,140
    Result 2024 €6,344

    Cash bridge derived

    cash 2023 to 2024

    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.

    From operations +€15,566
    Investment €0
    Financing -€6,779
    Cash 2023 €76,805
    Net result for the year +€6,344
    Depreciation +€25,406
    Receivables within one year -€29,798
    Deferred charges and accrued income +€523
    Trade debts +€3,642
    Other debts +€9,450
    Debts after one year -€6,779
    Cash 2024 €85,593
    Every line side by side 39 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €1,269,367 €1,282,023 +€12,656 +1.0%
    Fixed assets 21/28 €1,146,738 €1,121,332 -€25,406 -2.2%
    Tangible fixed assets 22/27 €1,146,738 €1,121,332 -€25,406 -2.2%
    Land and buildings 22 €1,146,738 €1,121,332 -€25,406 -2.2%
    Current assets 29/58 €122,629 €160,691 +€38,062 +31.0%
    Amounts receivable after more than one year 29 €45,000 €45,000 = 0.0%
    Other amounts receivable 291 €45,000 €45,000 = 0.0%
    Stocks and contracts in progress 3 €0 - =
    Stocks 30/36 €0 - =
    Amounts receivable within one year 40/41 - €29,798 +€29,798
    Trade receivables 40 - €12,798 +€12,798
    Other amounts receivable 41 - €17,000 +€17,000
    Cash at bank and in hand 54/58 €76,805 €85,593 +€8,787 +11.4%
    Deferred charges and accrued income 490/1 €823 €300 -€523 -63.6%
    Total equity and liabilities 10/49 €1,269,367 €1,282,023 +€12,656 +1.0%
    Equity 10/15 €174,725 €181,068 +€6,344 +3.6%
    Contributions 10/11 €100,000 €100,000 = 0.0%
    Profit (loss) carried forward 14 €74,725 €81,068 +€6,344 +8.5%
    Amounts payable 17/49 €1,094,642 €1,100,955 +€6,313 +0.6%
    Amounts payable after more than one year 17 €1,065,000 €1,058,221 -€6,779 -0.6%
    Financial debts 170/4 €1,065,000 €1,058,221 -€6,779 -0.6%
    Amounts payable within one year 42/48 €29,642 €42,734 +€13,092 +44.2%
    Trade debts 44 €851 €4,492 +€3,642 +428.1%
    Suppliers 440/4 €851 €4,492 +€3,642 +428.1%
    Taxes, remuneration and social security 45 €27,554 €27,554 = 0.0%
    Taxes 450/3 €27,554 €27,554 = 0.0%
    Other amounts payable 47/48 €1,238 €10,688 +€9,450 +763.6%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,520 €25,406 +€3,886 +18.1%
    Other operating charges 640/8 €9,932 €0 -€9,932 -100.0%
    Gross operating margin 9900 €33,957 €41,352 +€7,394 +21.8%
    Operating profit (loss) 9901 €2,505 €15,946 +€13,441 +536.5%
    Financial income 75/76B €300 €0 -€300 -100.0%
    Recurring financial income 75 €300 €0 -€300 -100.0%
    Financial charges 65/66B €30,743 €9,602 -€21,140 -68.8%
    Recurring financial charges 65 €30,743 €9,602 -€21,140 -68.8%
    Profit (loss) for the period before taxes 9903 -€27,937 €6,344 +€34,281
    Income taxes 67/77 €0 - =
    Profit (loss) for the period 9904 -€27,937 €6,344 +€34,281
    Profit (loss) for the period to be appropriated 9905 -€27,937 €6,344 +€34,281

    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 28 September 2026 via checked.be.