SESTERTIUM: 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.
SESTERTIUM
Largest movements
- Tangible fixed assets +€307,043
new in 2024: €307,043
- Receivables within one year -€37,392
down €37,392 (-98.0%), from €38,144 to €753
of which Trade receivables: -€37,055
- Debts after one year +€243,297
new in 2024: €243,297
- Other debts +€87,597
new in 2024: €87,597
- Profit (loss) carried forward -€81,401
down €81,401, from €11,321 to -€70,080
- Short-term financial debts +€23,372
up €23,372 (+537.3%), from €4,350 to €27,722
of which Other loans: +€21,703
- Contributions +€5,451
up €5,451 (+36.3%), from €15,000 to €20,451
- Other operating charges +€42,290
up €42,290 (+14271.4%), from €296 to €42,587
- Gross operating margin -€21,195
down €21,195, from €1,657 to -€19,538
- Depreciation +€12,957
new in 2024: €12,957
- Financial charges +€4,670
up €4,670 (+283.1%), from €1,650 to €6,319
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 | €38,144 | €309,593 | +€271,448 | +711.6% |
| Fixed assets | 21/28 | - | €307,043 | +€307,043 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | - | €307,043 | +€307,043 | |
| Land and buildings | 22 | - | €307,043 | +€307,043 | |
| Current assets | 29/58 | €38,144 | €2,550 | -€35,594 | -93.3% |
| Amounts receivable within one year | 40/41 | €38,144 | €753 | -€37,392 | -98.0% |
| Trade receivables | 40 | €37,055 | - | -€37,055 | |
| Other amounts receivable | 41 | €1,090 | €753 | -€337 | -30.9% |
| Cash at bank and in hand | 54/58 | - | €1,430 | +€1,430 | |
| Deferred charges and accrued income | 490/1 | - | €368 | +€368 | |
| Total equity and liabilities | 10/49 | €38,144 | €309,593 | +€271,448 | +711.6% |
| Equity | 10/15 | €28,180 | -€49,629 | -€77,809 | |
| Contributions | 10/11 | €15,000 | €20,451 | +€5,451 | +36.3% |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | €11,321 | -€70,080 | -€81,401 | |
| Amounts payable | 17/49 | €9,964 | €359,221 | +€349,257 | +3505.2% |
| Amounts payable after more than one year | 17 | - | €243,297 | +€243,297 | |
| Financial debts | 170/4 | - | €243,297 | +€243,297 | |
| Amounts payable within one year | 42/48 | €9,964 | €115,924 | +€105,960 | +1063.4% |
| Financial debts | 43 | €4,350 | €27,722 | +€23,372 | +537.3% |
| Credit institutions | 430/8 | €4,350 | €6,020 | +€1,669 | +38.4% |
| Other loans | 439 | - | €21,703 | +€21,703 | |
| Trade debts | 44 | €419 | €604 | +€186 | +44.3% |
| Suppliers | 440/4 | €419 | €604 | +€186 | +44.3% |
| Taxes, remuneration and social security | 45 | €5,195 | - | -€5,195 | |
| Taxes | 450/3 | €5,195 | - | -€5,195 | |
| Other amounts payable | 47/48 | - | €87,597 | +€87,597 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,957 | +€12,957 | |
| Other operating charges | 640/8 | €296 | €42,587 | +€42,290 | +14271.4% |
| Non-recurring operating charges | 66A | €8,246 | - | -€8,246 | |
| Gross operating margin | 9900 | €1,657 | -€19,538 | -€21,195 | |
| Operating profit (loss) | 9901 | -€6,885 | -€75,082 | -€68,196 | -990.5% |
| Financial charges | 65/66B | €1,650 | €6,319 | +€4,670 | +283.1% |
| Recurring financial charges | 65 | €1,650 | €6,319 | +€4,670 | +283.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,535 | -€81,401 | -€72,866 | -853.7% |
| Profit (loss) for the period | 9904 | -€8,535 | -€81,401 | -€72,866 | -853.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,535 | -€81,401 | -€72,866 | -853.7% |
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 4 October 2026 via checked.be.