THE COTTAGE: 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.
THE COTTAGE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€700
down €700 (-0.4%), from -€167,999 to -€168,699
- Other debts +€697
up €697 (+1.4%), from €50,926 to €51,623
- Trade debts +€3
up €3 (+0.1%), from €2,150 to €2,153
- Financial charges +€8
new in 2024: €8
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
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 | % |
|---|---|---|---|---|---|
| Equity | 10/15 | -€53,076 | -€53,775 | -€700 | -1.3% |
| Contributions | 10/11 | €94,200 | €94,200 | = | 0.0% |
| Capital | 10 | €94,200 | €94,200 | = | 0.0% |
| Issued capital | 100 | €94,200 | €94,200 | = | 0.0% |
| Reserves | 13 | €20,724 | €20,724 | = | 0.0% |
| Distributable reserves | 133 | €20,724 | €20,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,999 | -€168,699 | -€700 | -0.4% |
| Amounts payable | 17/49 | €53,076 | €53,775 | +€700 | +1.3% |
| Amounts payable within one year | 42/48 | €53,076 | €53,775 | +€700 | +1.3% |
| Trade debts | 44 | €2,150 | €2,153 | +€3 | +0.1% |
| Suppliers | 440/4 | €2,150 | €2,153 | +€3 | +0.1% |
| Other amounts payable | 47/48 | €50,926 | €51,623 | +€697 | +1.4% |
| Gross operating margin | 9900 | -€687 | -€692 | -€5 | -0.7% |
| Operating profit (loss) | 9901 | -€687 | -€692 | -€5 | -0.7% |
| Financial charges | 65/66B | - | €8 | +€8 | |
| Recurring financial charges | 65 | - | €8 | +€8 | |
| Profit (loss) for the period before taxes | 9903 | -€687 | -€700 | -€13 | -1.9% |
| Profit (loss) for the period | 9904 | -€687 | -€700 | -€13 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€687 | -€700 | -€13 | -1.9% |
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 17 October 2026 via checked.be.