SURPLUS: 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.
SURPLUS
Largest movements
- Receivables within one year -€29,503
down €29,503 (-30.8%), from €95,926 to €66,423
of which Other amounts receivable: -€31,650
- Tangible fixed assets -€6,148
down €6,148 (-2.7%), from €227,167 to €221,019
of which Other tangible fixed assets: -€5,228
- Debts after one year -€25,156
no longer reported in 2024 (was €25,156)
- Other debts -€18,000
down €18,000 (-61.0%), from €29,525 to €11,525
- Reserves +€16,819
up €16,819 (+26.4%), from €63,618 to €80,437
of which Distributable reserves: +€16,819
- Current portion of long-term debt -€14,375
no longer reported in 2024 (was €14,375)
- Tax, wage and social debts +€4,306
up €4,306 (+45.8%), from €9,393 to €13,698
- Gross operating margin -€17,994
down €17,994 (-30.8%), from €58,343 to €40,349
- Other operating charges +€5,541
up €5,541 (+160%), from €3,458 to €8,999
- Financial charges -€5,457
down €5,457 (-83.6%), from €6,525 to €1,068
- Taxes +€1,315
up €1,315 (+21.9%), from €6,000 to €7,315
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €342,985 | €308,112 | -€34,873 | -10.2% |
| Fixed assets | 21/28 | €227,167 | €221,019 | -€6,148 | -2.7% |
| Tangible fixed assets | 22/27 | €227,167 | €221,019 | -€6,148 | -2.7% |
| Land and buildings | 22 | €201,581 | €200,661 | -€920 | -0.5% |
| Other tangible fixed assets | 26 | €25,587 | €20,359 | -€5,228 | -20.4% |
| Current assets | 29/58 | €115,818 | €87,093 | -€28,725 | -24.8% |
| Amounts receivable within one year | 40/41 | €95,926 | €66,423 | -€29,503 | -30.8% |
| Trade receivables | 40 | €825 | €2,972 | +€2,147 | +260% |
| Other amounts receivable | 41 | €95,101 | €63,451 | -€31,650 | -33.3% |
| Current investments | 50/53 | €239 | €239 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,654 | €20,432 | +€778 | +4.0% |
| Total equity and liabilities | 10/49 | €342,985 | €308,112 | -€34,873 | -10.2% |
| Equity | 10/15 | €259,469 | €276,288 | +€16,819 | +6.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €133,851 | €133,851 | = | 0.0% |
| Reserves | 13 | €63,618 | €80,437 | +€16,819 | +26.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €57,418 | €74,237 | +€16,819 | +29.3% |
| Amounts payable | 17/49 | €83,516 | €31,825 | -€51,691 | -61.9% |
| Amounts payable after more than one year | 17 | €25,156 | - | -€25,156 | |
| Financial debts | 170/4 | €25,156 | - | -€25,156 | |
| Amounts payable within one year | 42/48 | €57,159 | €31,825 | -€25,334 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €14,375 | - | -€14,375 | |
| Trade debts | 44 | €3,866 | €6,601 | +€2,735 | +70.7% |
| Suppliers | 440/4 | €3,866 | €6,601 | +€2,735 | +70.7% |
| Taxes, remuneration and social security | 45 | €9,393 | €13,698 | +€4,306 | +45.8% |
| Taxes | 450/3 | €9,393 | €13,698 | +€4,306 | +45.8% |
| Other amounts payable | 47/48 | €29,525 | €11,525 | -€18,000 | -61.0% |
| Accrued charges and deferred income | 492/3 | €1,201 | - | -€1,201 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,148 | €6,148 | = | 0.0% |
| Other operating charges | 640/8 | €3,458 | €8,999 | +€5,541 | +160% |
| Non-recurring operating charges | 66A | €35,151 | - | -€35,151 | |
| Gross operating margin | 9900 | €58,343 | €40,349 | -€17,994 | -30.8% |
| Operating profit (loss) | 9901 | €13,585 | €25,201 | +€11,616 | +85.5% |
| Financial charges | 65/66B | €6,525 | €1,068 | -€5,457 | -83.6% |
| Recurring financial charges | 65 | €6,525 | €1,068 | -€5,457 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €7,061 | €24,134 | +€17,073 | +242% |
| Income taxes | 67/77 | €6,000 | €7,315 | +€1,315 | +21.9% |
| Profit (loss) for the period | 9904 | €1,061 | €16,819 | +€15,758 | +1,486% |
| Profit (loss) for the period to be appropriated | 9905 | €1,061 | €16,819 | +€15,758 | +1,486% |
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 25 October 2026 via checked.be.