SINT-LUCIE: 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.
What changed
SINT-LUCIE
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€38,571
2023 · €70,381-€108,951
Equity
€193,612
2023 · €232,183-€38,571
Cash
€7,234
2023 · €49,904-€42,670
Balance sheet total
€402,084
2023 · €440,712-€38,628
Largest movements
Assets
- Cash -€42,670
down €42,670 (-85.5%), from €49,904 to €7,234
mainly Net result for the year (-€38,571) and Receivables within one year (-€17,763)
- Tangible fixed assets -€18,997
down €18,997 (-16.5%), from €115,231 to €96,234
- Receivables within one year +€17,763
up €17,763 (+10.3%), from €172,836 to €190,599
of which Other amounts receivable: +€19,004
Equity and liabilities
- Profit (loss) carried forward -€38,571
down €38,571 (-94.8%), from -€40,672 to -€79,243
- Other debts +€31,304
up €31,304 (+776%), from €4,033 to €35,337
- Trade debts -€17,286
down €17,286 (-19.3%), from €89,447 to €72,161
- Debts after one year -€8,027
down €8,027 (-34.9%), from €22,970 to €14,943
Income statement
- Gross operating margin -€104,118
down €104,118 (-39.0%), from €267,006 to €162,888
- Staff costs +€9,908
up €9,908 (+6.4%), from €155,813 to €165,721
- Taxes -€7,023
down €7,023 (-78.3%), from €8,965 to €1,942
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.
Result 2023
€70,381
Gross operating margin
-€104,118
Staff costs
-€9,908
Depreciation
+€961
Other operating charges
-€1,000
Other operating items
-€1,647
Financial income
-€20
Financial charges
-€242
Taxes
+€7,023
Result 2024
-€38,571
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
-€34,465
Investment
-€529
Financing
-€7,676
Cash 2023
€49,904
From operations (derived)
-€34,465
Net result for the year
-€38,571
Depreciation
+€19,526
Stocks and contracts
-€3,383
Receivables within one year
-€17,763
Deferred charges and accrued income
-€1,894
Trade debts
-€17,286
Tax, wage and social debts
-€4,381
Other debts
+€31,304
Accrued charges and deferred income
-€2,019
Investment (derived)
-€529
Investment in fixed assets (net)
-€529
Financing
-€7,676
Debts after one year
-€8,027
Current portion of long-term debt
+€352
Cash 2024
€7,234
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,712 | €402,084 | -€38,628 | -8.8% |
| Fixed assets | 21/28 | €189,896 | €170,899 | -€18,997 | -10.0% |
| Intangible fixed assets | 21 | €74,368 | €74,368 | = | 0.0% |
| Tangible fixed assets | 22/27 | €115,231 | €96,234 | -€18,997 | -16.5% |
| Land and buildings | 22 | €74,215 | €65,998 | -€8,217 | -11.1% |
| Plant, machinery and equipment | 23 | €217 | €1,212 | +€995 | +458% |
| Furniture and vehicles | 24 | €10,335 | €6,513 | -€3,821 | -37.0% |
| Leasing and similar rights | 25 | €30,464 | €22,511 | -€7,954 | -26.1% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €250,816 | €231,185 | -€19,632 | -7.8% |
| Stocks and contracts in progress | 3 | €20,194 | €23,577 | +€3,383 | +16.8% |
| Stocks | 30/36 | €20,194 | €23,577 | +€3,383 | +16.8% |
| Amounts receivable within one year | 40/41 | €172,836 | €190,599 | +€17,763 | +10.3% |
| Trade receivables | 40 | €108,466 | €107,225 | -€1,241 | -1.1% |
| Other amounts receivable | 41 | €64,371 | €83,374 | +€19,004 | +29.5% |
| Cash at bank and in hand | 54/58 | €49,904 | €7,234 | -€42,670 | -85.5% |
| Deferred charges and accrued income | 490/1 | €7,881 | €9,775 | +€1,894 | +24.0% |
| Total equity and liabilities | 10/49 | €440,712 | €402,084 | -€38,628 | -8.8% |
| Equity | 10/15 | €232,183 | €193,612 | -€38,571 | -16.6% |
| Contributions | 10/11 | €82,000 | €82,000 | = | 0.0% |
| Contributions outside capital | 11 | €82,000 | €82,000 | = | 0.0% |
| Other | 1109/19 | €82,000 | €82,000 | = | 0.0% |
| Revaluation surpluses | 12 | €59,446 | €59,446 | = | 0.0% |
| Reserves | 13 | €131,410 | €131,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,200 | €8,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,200 | €8,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,824 | €7,824 | = | 0.0% |
| Distributable reserves | 133 | €115,386 | €115,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,672 | -€79,243 | -€38,571 | -94.8% |
| Amounts payable | 17/49 | €208,529 | €208,471 | -€57 | 0.0% |
| Amounts payable after more than one year | 17 | €22,970 | €14,943 | -€8,027 | -34.9% |
| Financial debts | 170/4 | €22,970 | €14,943 | -€8,027 | -34.9% |
| Amounts payable within one year | 42/48 | €183,540 | €193,528 | +€9,989 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €7,676 | €8,027 | +€352 | +4.6% |
| Financial debts | 43 | €70,000 | €70,000 | = | 0.0% |
| Credit institutions | 430/8 | €70,000 | €70,000 | = | 0.0% |
| Trade debts | 44 | €89,447 | €72,161 | -€17,286 | -19.3% |
| Suppliers | 440/4 | €89,447 | €72,161 | -€17,286 | -19.3% |
| Taxes, remuneration and social security | 45 | €12,384 | €8,003 | -€4,381 | -35.4% |
| Taxes | 450/3 | €917 | €796 | -€121 | -13.2% |
| Remuneration and social security | 454/9 | €11,468 | €7,208 | -€4,260 | -37.1% |
| Other amounts payable | 47/48 | €4,033 | €35,337 | +€31,304 | +776% |
| Accrued charges and deferred income | 492/3 | €2,019 | - | -€2,019 | |
| Non-recurring operating income | 76A | - | €80 | +€80 | |
| Remuneration, social security and pensions | 62 | €155,813 | €165,721 | +€9,908 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,487 | €19,526 | -€961 | -4.7% |
| Other operating charges | 640/8 | €3,373 | €4,373 | +€1,000 | +29.7% |
| Non-recurring operating charges | 66A | - | €1,647 | +€1,647 | |
| Gross operating margin | 9900 | €267,006 | €162,888 | -€104,118 | -39.0% |
| Operating profit (loss) | 9901 | €87,334 | -€28,379 | -€115,713 | |
| Financial income | 75/76B | €129 | €109 | -€20 | -15.4% |
| Recurring financial income | 75 | €129 | €109 | -€20 | -15.4% |
| Financial charges | 65/66B | €8,117 | €8,359 | +€242 | +3.0% |
| Recurring financial charges | 65 | €8,117 | €8,359 | +€242 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €79,345 | -€36,629 | -€115,974 | |
| Income taxes | 67/77 | €8,965 | €1,942 | -€7,023 | -78.3% |
| Profit (loss) for the period | 9904 | €70,381 | -€38,571 | -€108,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,381 | -€38,571 | -€108,951 |
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 31 October 2026 via checked.be.