REMASTER: 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.
REMASTER
Largest movements
- Receivables within one year -€119,353
no longer reported in 2024 (was €119,353)
- Other debts -€121,854
down €121,854 (-17.4%), from €700,091 to €578,237
- Gross operating margin -€1,937
down €1,937 (-33.0%), from €5,875 to €3,938
- Other operating charges +€387
up €387 (+41.6%), from €930 to €1,317
- Financial charges -€89
no longer reported in 2024 (was €89)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €916,192 | €796,839 | -€119,353 | -13.0% |
| Fixed assets | 21/28 | €796,839 | €796,839 | = | 0.0% |
| Tangible fixed assets | 22/27 | €796,839 | €796,839 | = | 0.0% |
| Land and buildings | 22 | €782,676 | €782,676 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,659 | €11,659 | = | 0.0% |
| Furniture and vehicles | 24 | €2,504 | €2,504 | = | 0.0% |
| Current assets | 29/58 | €119,353 | - | -€119,353 | |
| Amounts receivable within one year | 40/41 | €119,353 | - | -€119,353 | |
| Trade receivables | 40 | €119,353 | - | -€119,353 | |
| Total equity and liabilities | 10/49 | €916,192 | €796,839 | -€119,353 | -13.0% |
| Equity | 10/15 | €215,981 | €218,602 | +€2,621 | +1.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Uncalled capital | 101 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €205,957 | €205,957 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,996 | €20,996 | = | 0.0% |
| Legal reserve | 130 | €20,996 | €20,996 | = | 0.0% |
| Tax-exempt reserves | 132 | €334 | €334 | = | 0.0% |
| Distributable reserves | 133 | €184,627 | €184,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,975 | -€137,355 | +€2,621 | +1.9% |
| Amounts payable | 17/49 | €700,211 | €578,237 | -€121,974 | -17.4% |
| Amounts payable within one year | 42/48 | €700,211 | €578,237 | -€121,974 | -17.4% |
| Financial debts | 43 | €120 | - | -€120 | |
| Credit institutions | 430/8 | €120 | - | -€120 | |
| Other amounts payable | 47/48 | €700,091 | €578,237 | -€121,854 | -17.4% |
| Other operating charges | 640/8 | €930 | €1,317 | +€387 | +41.6% |
| Gross operating margin | 9900 | €5,875 | €3,938 | -€1,937 | -33.0% |
| Operating profit (loss) | 9901 | €4,945 | €2,621 | -€2,324 | -47.0% |
| Financial charges | 65/66B | €89 | - | -€89 | |
| Recurring financial charges | 65 | €89 | - | -€89 | |
| Profit (loss) for the period before taxes | 9903 | €4,856 | €2,621 | -€2,235 | -46.0% |
| Profit (loss) for the period | 9904 | €4,856 | €2,621 | -€2,235 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,856 | €2,621 | -€2,235 | -46.0% |
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 11 October 2026 via checked.be.