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REMASTERS: 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

REMASTERS

BE 0809.359.387
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,189
2023 · €19,403-€13,214
Equity
€69,715
2023 · €63,526+€6,189
Cash
-
not filed
Balance sheet total
€183,590
2023 · €173,413+€10,177

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€17,215

    up €17,215 (+13.3%), from €129,219 to €146,434

    of which Trade receivables: +€17,139

  • Stocks and contracts -€5,222

    down €5,222 (-13.1%), from €39,773 to €34,551

  • Tangible fixed assets -€1,882

    down €1,882 (-49.0%), from €3,839 to €1,957

    of which Furniture and vehicles: -€1,126

Equity and liabilities
  • Trade debts -€12,269

    down €12,269 (-17.5%), from €70,296 to €58,027

  • Tax, wage and social debts +€11,363

    up €11,363 (+181.7%), from €6,252 to €17,615

  • Other debts +€6,876

    up €6,876 (+28.7%), from €23,995 to €30,871

  • Profit (loss) carried forward +€6,189

    up €6,189 (+16.3%), from -€37,878 to -€31,689

  • Short-term financial debts -€1,982

    down €1,982 (-21.2%), from €9,344 to €7,362

Income statement
  • Gross operating margin -€21,249

    down €21,249 (-71.2%), from €29,831 to €8,582

  • Write-downs -€3,720

    new in 2024: -€3,720

  • Taxes -€3,561

    down €3,561 (-66.5%), from €5,352 to €1,791

  • Depreciation -€494

    down €494 (-20.8%), from €2,376 to €1,882

  • Other operating charges -€349

    down €349 (-27.7%), from €1,260 to €911

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 €19,403
Gross operating margin -€21,249
Depreciation +€494
Write-downs +€3,720
Other operating charges +€349
Financial income +€45
Financial charges -€133
Taxes +€3,561
Result 2024 €6,189

Cash bridge derived

cash 2023 to 2024

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 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €173,413 €183,590 +€10,177 +5.9%
Fixed assets 21/28 €3,839 €1,957 -€1,882 -49.0%
Tangible fixed assets 22/27 €3,839 €1,957 -€1,882 -49.0%
Plant, machinery and equipment 23 €1,631 €875 -€757 -46.4%
Furniture and vehicles 24 €2,208 €1,083 -€1,126 -51.0%
Current assets 29/58 €169,574 €181,633 +€12,059 +7.1%
Stocks and contracts in progress 3 €39,773 €34,551 -€5,222 -13.1%
Stocks 30/36 €39,773 €34,551 -€5,222 -13.1%
Amounts receivable within one year 40/41 €129,219 €146,434 +€17,215 +13.3%
Trade receivables 40 €129,124 €146,263 +€17,139 +13.3%
Other amounts receivable 41 €95 €171 +€77 +81.0%
Deferred charges and accrued income 490/1 €582 €648 +€66 +11.3%
Total equity and liabilities 10/49 €173,413 €183,590 +€10,177 +5.9%
Equity 10/15 €63,526 €69,715 +€6,189 +9.7%
Contributions 10/11 €14,400 €14,400 = 0.0%
Reserves 13 €87,004 €87,004 = 0.0%
Distributable reserves 133 €87,004 €87,004 = 0.0%
Profit (loss) carried forward 14 -€37,878 -€31,689 +€6,189 +16.3%
Amounts payable 17/49 €109,888 €113,875 +€3,988 +3.6%
Amounts payable within one year 42/48 €109,888 €113,875 +€3,988 +3.6%
Financial debts 43 €9,344 €7,362 -€1,982 -21.2%
Credit institutions 430/8 €9,344 €7,362 -€1,982 -21.2%
Trade debts 44 €70,296 €58,027 -€12,269 -17.5%
Suppliers 440/4 €70,296 €58,027 -€12,269 -17.5%
Taxes, remuneration and social security 45 €6,252 €17,615 +€11,363 +181.7%
Taxes 450/3 €6,252 €17,615 +€11,363 +181.7%
Other amounts payable 47/48 €23,995 €30,871 +€6,876 +28.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,376 €1,882 -€494 -20.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - -€3,720 -€3,720
Other operating charges 640/8 €1,260 €911 -€349 -27.7%
Gross operating margin 9900 €29,831 €8,582 -€21,249 -71.2%
Operating profit (loss) 9901 €26,195 €9,509 -€16,686 -63.7%
Financial income 75/76B €22 €67 +€45 +200.4%
Recurring financial income 75 €22 €67 +€45 +200.4%
Financial charges 65/66B €1,462 €1,595 +€133 +9.1%
Recurring financial charges 65 €1,462 €1,595 +€133 +9.1%
Profit (loss) for the period before taxes 9903 €24,755 €7,980 -€16,774 -67.8%
Income taxes 67/77 €5,352 €1,791 -€3,561 -66.5%
Profit (loss) for the period 9904 €19,403 €6,189 -€13,214 -68.1%
Profit (loss) for the period to be appropriated 9905 €19,403 €6,189 -€13,214 -68.1%

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.