TIMELING: what changed
Two fiscal 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.
TIMELING
Largest movements
- Tangible fixed assets -€39,602
down €39,602 (-3.9%), from €1.0m to €975,457
- Accrued charges and deferred income -€85,000
no longer reported in 2024 (was €85,000)
- Profit (loss) carried forward +€63,468
up €63,468 (+150.4%), from €42,190 to €105,659
- Tax, wage and social debts -€15,358
no longer reported in 2024 (was €15,358)
- Current portion of long-term debt +€11,703
new in 2024: €11,703
- Turnover -€125,355
no longer reported in 2024 (was €125,355)
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 | €1,018,621 | €986,434 | -€32,187 | -3.2% |
| Fixed assets | 21/28 | €1,015,059 | €975,457 | -€39,602 | -3.9% |
| Tangible fixed assets | 22/27 | €1,015,059 | €975,457 | -€39,602 | -3.9% |
| Land and buildings | 22 | €1,015,059 | €975,457 | -€39,602 | -3.9% |
| Current assets | 29/58 | €3,562 | €10,978 | +€7,416 | +208.2% |
| Amounts receivable within one year | 40/41 | - | €127 | +€127 | |
| Other amounts receivable | 41 | - | €127 | +€127 | |
| Cash at bank and in hand | 54/58 | €3,562 | €10,851 | +€7,289 | +204.6% |
| Total equity and liabilities | 10/49 | €1,018,621 | €986,434 | -€32,187 | -3.2% |
| Equity | 10/15 | €853,610 | €917,079 | +€63,468 | +7.4% |
| Contributions | 10/11 | €811,420 | €811,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,190 | €105,659 | +€63,468 | +150.4% |
| Amounts payable | 17/49 | €165,011 | €69,356 | -€95,655 | -58.0% |
| Amounts payable within one year | 42/48 | €80,011 | €69,356 | -€10,655 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,703 | +€11,703 | |
| Taxes, remuneration and social security | 45 | €15,358 | - | -€15,358 | |
| Taxes | 450/3 | €15,358 | - | -€15,358 | |
| Other amounts payable | 47/48 | €64,652 | €57,652 | -€7,000 | -10.8% |
| Accrued charges and deferred income | 492/3 | €85,000 | - | -€85,000 | |
| Turnover | 70 | €125,355 | - | -€125,355 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,602 | €39,602 | = | 0.0% |
| Other operating charges | 640/8 | €5,798 | €6,600 | +€802 | +13.8% |
| Gross operating margin | 9900 | €125,291 | €125,916 | +€625 | +0.5% |
| Operating profit (loss) | 9901 | €79,890 | €79,713 | -€178 | -0.2% |
| Financial charges | 65/66B | - | €220 | +€220 | |
| Recurring financial charges | 65 | - | €220 | +€220 | |
| Profit (loss) for the period before taxes | 9903 | €79,890 | €79,493 | -€397 | -0.5% |
| Income taxes | 67/77 | €15,358 | €16,025 | +€666 | +4.3% |
| Profit (loss) for the period | 9904 | €64,532 | €63,468 | -€1,064 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,532 | €63,468 | -€1,064 | -1.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.