ROYAL EVENT: 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.
ROYAL EVENT
Largest movements
- Tangible fixed assets -€9,600
down €9,600 (-30.2%), from €31,786 to €22,186
of which Plant, machinery and equipment: -€9,000
- Receivables within one year -€6,474
down €6,474 (-60.7%), from €10,661 to €4,188
- Deferred charges and accrued income +€604
up €604 (+124.6%), from €484 to €1,088
- Other debts -€8,678
down €8,678 (-9.6%), from €90,612 to €81,934
- Profit (loss) carried forward -€6,328
down €6,328 (-8.5%), from -€74,572 to -€80,900
- Trade debts -€1,087
down €1,087 (-14.4%), from €7,523 to €6,436
- Short-term financial debts +€622
up €622 (+80.1%), from €777 to €1,399
- Gross operating margin -€1,612
down €1,612 (-25.4%), from €6,337 to €4,725
- Financial charges -€444
down €444 (-34.2%), from €1,298 to €854
- Other operating charges -€360
down €360 (-40.3%), from €894 to €534
- Staff costs +€65
new in 2024: €65
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 | €42,931 | €27,461 | -€15,470 | -36.0% |
| Fixed assets | 21/28 | €31,786 | €22,186 | -€9,600 | -30.2% |
| Tangible fixed assets | 22/27 | €31,786 | €22,186 | -€9,600 | -30.2% |
| Plant, machinery and equipment | 23 | €30,945 | €21,945 | -€9,000 | -29.1% |
| Furniture and vehicles | 24 | €841 | €240 | -€600 | -71.4% |
| Current assets | 29/58 | €11,145 | €5,276 | -€5,870 | -52.7% |
| Amounts receivable within one year | 40/41 | €10,661 | €4,188 | -€6,474 | -60.7% |
| Trade receivables | 40 | €10,661 | €4,188 | -€6,474 | -60.7% |
| Deferred charges and accrued income | 490/1 | €484 | €1,088 | +€604 | +124.6% |
| Total equity and liabilities | 10/49 | €42,931 | €27,461 | -€15,470 | -36.0% |
| Equity | 10/15 | -€55,980 | -€62,308 | -€6,328 | -11.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,572 | -€80,900 | -€6,328 | -8.5% |
| Amounts payable | 17/49 | €98,911 | €89,769 | -€9,142 | -9.2% |
| Amounts payable within one year | 42/48 | €98,911 | €89,769 | -€9,142 | -9.2% |
| Financial debts | 43 | €777 | €1,399 | +€622 | +80.1% |
| Credit institutions | 430/8 | €777 | €1,399 | +€622 | +80.1% |
| Trade debts | 44 | €7,523 | €6,436 | -€1,087 | -14.4% |
| Suppliers | 440/4 | €7,523 | €6,436 | -€1,087 | -14.4% |
| Other amounts payable | 47/48 | €90,612 | €81,934 | -€8,678 | -9.6% |
| Remuneration, social security and pensions | 62 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,600 | €9,600 | -€0 | 0.0% |
| Other operating charges | 640/8 | €894 | €534 | -€360 | -40.3% |
| Gross operating margin | 9900 | €6,337 | €4,725 | -€1,612 | -25.4% |
| Operating profit (loss) | 9901 | -€4,157 | -€5,474 | -€1,317 | -31.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,298 | €854 | -€444 | -34.2% |
| Recurring financial charges | 65 | €1,298 | €854 | -€444 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,455 | -€6,328 | -€873 | -16.0% |
| Profit (loss) for the period | 9904 | -€5,455 | -€6,328 | -€873 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,455 | -€6,328 | -€873 | -16.0% |
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 9 October 2026 via checked.be.