't Oude Veer: 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.
't Oude Veer
Largest movements
- Cash -€101,605
down €101,605 (-67.7%), from €150,070 to €48,466
mainly Other debts (-€65,218) and Debts after one year (-€30,030)
- Tangible fixed assets -€65,790
down €65,790 (-6.7%), from €979,359 to €913,569
of which Land and buildings: -€64,665
- Receivables within one year +€14,073
up €14,073 (+444.6%), from €3,165 to €17,238
of which Other amounts receivable: +€14,073
- Other debts -€65,218
no longer reported in 2024 (was €65,218)
- Debts after one year -€30,030
down €30,030 (-2.8%), from €1.1m to €1.0m
- Current portion of long-term debt -€21,901
down €21,901 (-42.2%), from €51,931 to €30,030
- Tax, wage and social debts -€16,731
down €16,731 (-42.8%), from €39,066 to €22,335
- Profit (loss) carried forward -€15,420
down €15,420 (-2.2%), from -€688,380 to -€703,799
- Gross operating margin +€57,732
up €57,732 (+78.4%), from €73,662 to €131,394
- Depreciation -€21,585
down €21,585 (-24.7%), from €87,374 to €65,790
- Financial charges +€21,003
up €21,003 (+38.1%), from €55,131 to €76,134
- Other operating charges -€2,801
down €2,801 (-35.3%), from €7,946 to €5,145
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 | €1,137,762 | €985,456 | -€152,307 | -13.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €984,527 | €918,737 | -€65,790 | -6.7% |
| Tangible fixed assets | 22/27 | €979,359 | €913,569 | -€65,790 | -6.7% |
| Land and buildings | 22 | €978,234 | €913,569 | -€64,665 | -6.6% |
| Plant, machinery and equipment | 23 | €1,125 | €0 | -€1,125 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €5,168 | €5,168 | = | 0.0% |
| Current assets | 29/58 | €153,235 | €66,718 | -€86,517 | -56.5% |
| Amounts receivable within one year | 40/41 | €3,165 | €17,238 | +€14,073 | +444.6% |
| Trade receivables | 40 | €3,165 | €3,165 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €14,073 | +€14,073 | |
| Cash at bank and in hand | 54/58 | €150,070 | €48,466 | -€101,605 | -67.7% |
| Deferred charges and accrued income | 490/1 | - | €1,015 | +€1,015 | |
| Total equity and liabilities | 10/49 | €1,137,762 | €985,456 | -€152,307 | -13.4% |
| Equity | 10/15 | -€76,199 | -€91,619 | -€15,420 | -20.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €545,702 | €545,702 | = | 0.0% |
| Reserves | 13 | €41,479 | €41,479 | = | 0.0% |
| Distributable reserves | 133 | €41,479 | €41,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€688,380 | -€703,799 | -€15,420 | -2.2% |
| Amounts payable | 17/49 | €1,213,962 | €1,077,075 | -€136,887 | -11.3% |
| Amounts payable after more than one year | 17 | €1,053,855 | €1,023,825 | -€30,030 | -2.8% |
| Financial debts | 170/4 | €1,053,855 | €1,023,825 | -€30,030 | -2.8% |
| Amounts payable within one year | 42/48 | €160,106 | €53,249 | -€106,857 | -66.7% |
| Current portion of amounts payable after more than one year | 42 | €51,931 | €30,030 | -€21,901 | -42.2% |
| Trade debts | 44 | €3,891 | €884 | -€3,007 | -77.3% |
| Suppliers | 440/4 | €3,891 | €884 | -€3,007 | -77.3% |
| Taxes, remuneration and social security | 45 | €39,066 | €22,335 | -€16,731 | -42.8% |
| Taxes | 450/3 | €39,066 | €22,335 | -€16,731 | -42.8% |
| Other amounts payable | 47/48 | €65,218 | - | -€65,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,374 | €65,790 | -€21,585 | -24.7% |
| Other operating charges | 640/8 | €7,946 | €5,145 | -€2,801 | -35.3% |
| Gross operating margin | 9900 | €73,662 | €131,394 | +€57,732 | +78.4% |
| Operating profit (loss) | 9901 | -€21,658 | €60,459 | +€82,117 | |
| Financial income | 75/76B | €448 | €255 | -€193 | -43.0% |
| Recurring financial income | 75 | €448 | €255 | -€193 | -43.0% |
| Financial charges | 65/66B | €55,131 | €76,134 | +€21,003 | +38.1% |
| Recurring financial charges | 65 | €55,131 | €76,134 | +€21,003 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | -€76,342 | -€15,420 | +€60,922 | +79.8% |
| Income taxes | 67/77 | €273 | - | -€273 | |
| Profit (loss) for the period | 9904 | -€76,614 | -€15,420 | +€61,195 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,614 | -€15,420 | +€61,195 | +79.9% |
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 10 October 2026 via checked.be.