TOP SELECTION: 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.
What changed
TOP SELECTION
NACE 46.649, Wholesale of other machinery and equipment
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€181,091
2023 · -€335,463+€154,372
Equity
€3.0m
2023 · €3.2m-€181,091
Cash
€97,001
2023 · €144,877-€47,876
Balance sheet total
€6.8m
2023 · €7.0m-€181,681
Largest movements
Assets
- Tangible fixed assets -€318,072
down €318,072 (-4.7%), from €6.8m to €6.5m
- Current investments +€175,000
new in 2024: €175,000
Equity and liabilities
- Current portion of long-term debt -€2.1m
down €2.1m (-91.1%), from €2.3m to €200,000
- Other debts +€2.0m
up €2.0m (+137.1%), from €1.5m to €3.5m
- Profit (loss) carried forward -€181,091
down €181,091 (-4.7%), from -€3.8m to -€4.0m
Income statement
- Gross operating margin +€110,184
up €110,184 (+86.0%), from €128,177 to €238,362
- Financial charges -€58,907
down €58,907 (-68.7%), from €85,719 to €26,812
of which Financial charges: -€58,345
- Depreciation +€27,235
up €27,235 (+8.7%), from €313,428 to €340,663
- Other operating charges -€25,513
down €25,513 (-60.2%), from €42,388 to €16,875
- Financial income -€12,692
down €12,692 (-83.5%), from €15,200 to €2,508
of which Non-recurring financial income: -€15,090
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.
Result 2023
-€335,463
Gross operating margin
+€110,184
Staff costs
-€305
Depreciation
-€27,235
Other operating charges
+€25,513
Financial income
-€12,692
Financial charges
+€58,907
Result 2024
-€181,091
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.
From operations
+€2.2m
Investment
-€197,591
Financing
-€2.1m
Cash 2023
€144,877
From operations (derived)
+€2.2m
Net result for the year
-€181,091
Depreciation
+€340,663
Stocks and contracts
+€5,732
Receivables within one year
-€14,339
Deferred charges and accrued income
-€660
Trade debts
+€10,663
Tax, wage and social debts
+€7,077
Advances received
-€10,000
Other debts
+€2.0m
Investment (derived)
-€197,591
Investment in fixed assets (net)
-€22,591
Current investments
-€175,000
Financing
-€2.1m
Current portion of long-term debt
-€2.1m
Cash 2024
€97,001
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,023,892 | €6,842,212 | -€181,681 | -2.6% |
| Fixed assets | 21/28 | €6,792,518 | €6,474,446 | -€318,072 | -4.7% |
| Tangible fixed assets | 22/27 | €6,792,518 | €6,474,446 | -€318,072 | -4.7% |
| Land and buildings | 22 | €6,792,518 | €6,474,446 | -€318,072 | -4.7% |
| Current assets | 29/58 | €231,375 | €367,765 | +€136,391 | +58.9% |
| Stocks and contracts in progress | 3 | €42,892 | €37,160 | -€5,732 | -13.4% |
| Stocks | 30/36 | €42,892 | €37,160 | -€5,732 | -13.4% |
| Amounts receivable within one year | 40/41 | €38,511 | €52,850 | +€14,339 | +37.2% |
| Trade receivables | 40 | €38,511 | €52,098 | +€13,587 | +35.3% |
| Other amounts receivable | 41 | - | €752 | +€752 | |
| Current investments | 50/53 | - | €175,000 | +€175,000 | |
| Cash at bank and in hand | 54/58 | €144,877 | €97,001 | -€47,876 | -33.0% |
| Deferred charges and accrued income | 490/1 | €5,094 | €5,754 | +€660 | +12.9% |
| Total equity and liabilities | 10/49 | €7,023,892 | €6,842,212 | -€181,681 | -2.6% |
| Equity | 10/15 | €3,222,447 | €3,041,355 | -€181,091 | -5.6% |
| Contributions | 10/11 | €5,402,820 | €5,402,820 | = | 0.0% |
| Outside capital | 11 | €5,402,820 | €5,402,820 | = | 0.0% |
| Other | 1109/19 | €5,402,820 | €5,402,820 | = | 0.0% |
| Revaluation surpluses | 12 | €1,575,090 | €1,575,090 | = | 0.0% |
| Reserves | 13 | €76,934 | €76,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,934 | €1,934 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,934 | €1,934 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,832,397 | -€4,013,488 | -€181,091 | -4.7% |
| Amounts payable | 17/49 | €3,801,446 | €3,800,856 | -€590 | 0.0% |
| Amounts payable after more than one year | 17 | €190 | €190 | = | 0.0% |
| Other amounts payable | 178/9 | €190 | €190 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,801,256 | €3,800,666 | -€590 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €2,253,718 | €200,000 | -€2.1m | -91.1% |
| Trade debts | 44 | €40,846 | €51,509 | +€10,663 | +26.1% |
| Suppliers | 440/4 | €40,846 | €51,509 | +€10,663 | +26.1% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €4,983 | €12,060 | +€7,077 | +142.0% |
| Taxes | 450/3 | €248 | €5,532 | +€5,284 | +2129.5% |
| Remuneration and social security | 454/9 | €4,735 | €6,528 | +€1,793 | +37.9% |
| Other amounts payable | 47/48 | €1,491,709 | €3,537,097 | +€2.0m | +137.1% |
| Remuneration, social security and pensions | 62 | €37,306 | €37,611 | +€305 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313,428 | €340,663 | +€27,235 | +8.7% |
| Other operating charges | 640/8 | €42,388 | €16,875 | -€25,513 | -60.2% |
| Gross operating margin | 9900 | €128,177 | €238,362 | +€110,184 | +86.0% |
| Operating profit (loss) | 9901 | -€264,945 | -€156,788 | +€108,157 | +40.8% |
| Financial income | 75/76B | €15,200 | €2,508 | -€12,692 | -83.5% |
| Recurring financial income | 75 | €110 | €2,508 | +€2,398 | +2180.2% |
| Non-recurring financial income | 76B | €15,090 | - | -€15,090 | |
| Financial charges | 65/66B | €85,719 | €26,812 | -€58,907 | -68.7% |
| Recurring financial charges | 65 | €85,157 | €26,812 | -€58,345 | -68.5% |
| Non-recurring financial charges | 66B | €562 | - | -€562 | |
| Profit (loss) for the period before taxes | 9903 | -€335,463 | -€181,091 | +€154,372 | +46.0% |
| Profit (loss) for the period | 9904 | -€335,463 | -€181,091 | +€154,372 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€335,463 | -€181,091 | +€154,372 | +46.0% |
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 30 September 2026 via checked.be.