The Spot: 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 Spot
Largest movements
- Cash -€7,757
down €7,757 (-62.2%), from €12,481 to €4,724
mainly Debts after one year (-€26,897) and Other debts (-€8,185)
- Debts after one year -€26,897
down €26,897 (-5.1%), from €531,957 to €505,060
- Profit (loss) carried forward +€22,967
up €22,967 (+50.5%), from €45,500 to €68,467
- Other debts -€8,185
down €8,185 (-7.7%), from €105,702 to €97,517
- Gross operating margin +€1,852
up €1,852 (+3.4%), from €54,063 to €55,915
- Taxes +€1,271
up €1,271 (+17.3%), from €7,332 to €8,603
- Financial charges -€654
down €654 (-4.5%), from €14,595 to €13,941
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 | €735,125 | €724,597 | -€10,528 | -1.4% |
| Fixed assets | 21/28 | €722,170 | €718,760 | -€3,410 | -0.5% |
| Tangible fixed assets | 22/27 | €722,170 | €718,760 | -€3,410 | -0.5% |
| Land and buildings | 22 | €722,170 | €718,760 | -€3,410 | -0.5% |
| Current assets | 29/58 | €12,955 | €5,837 | -€7,118 | -54.9% |
| Cash at bank and in hand | 54/58 | €12,481 | €4,724 | -€7,757 | -62.2% |
| Deferred charges and accrued income | 490/1 | €474 | €1,113 | +€639 | +134.8% |
| Total equity and liabilities | 10/49 | €735,125 | €724,597 | -€10,528 | -1.4% |
| Equity | 10/15 | €51,800 | €74,767 | +€22,967 | +44.3% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,500 | €68,467 | +€22,967 | +50.5% |
| Amounts payable | 17/49 | €683,325 | €649,830 | -€33,495 | -4.9% |
| Amounts payable after more than one year | 17 | €531,957 | €505,060 | -€26,897 | -5.1% |
| Financial debts | 170/4 | €531,957 | €505,060 | -€26,897 | -5.1% |
| Amounts payable within one year | 42/48 | €148,010 | €141,413 | -€6,597 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €26,237 | €26,897 | +€660 | +2.5% |
| Trade debts | 44 | €1,901 | €1,064 | -€837 | -44.0% |
| Suppliers | 440/4 | €1,901 | €1,064 | -€837 | -44.0% |
| Taxes, remuneration and social security | 45 | €14,170 | €15,935 | +€1,765 | +12.5% |
| Taxes | 450/3 | €14,170 | €15,935 | +€1,765 | +12.5% |
| Other amounts payable | 47/48 | €105,702 | €97,517 | -€8,185 | -7.7% |
| Accrued charges and deferred income | 492/3 | €3,358 | €3,357 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,411 | €3,411 | = | 0.0% |
| Other operating charges | 640/8 | €6,729 | €6,993 | +€264 | +3.9% |
| Gross operating margin | 9900 | €54,063 | €55,915 | +€1,852 | +3.4% |
| Operating profit (loss) | 9901 | €43,923 | €45,511 | +€1,588 | +3.6% |
| Financial charges | 65/66B | €14,595 | €13,941 | -€654 | -4.5% |
| Recurring financial charges | 65 | €14,595 | €13,941 | -€654 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €29,328 | €31,570 | +€2,242 | +7.6% |
| Income taxes | 67/77 | €7,332 | €8,603 | +€1,271 | +17.3% |
| Profit (loss) for the period | 9904 | €21,996 | €22,967 | +€971 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,996 | €22,967 | +€971 | +4.4% |
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.