TOTAALCONCEPT: 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.
TOTAALCONCEPT
Largest movements
- Tangible fixed assets -€23,592
down €23,592 (-5.2%), from €456,717 to €433,125
of which Land and buildings: -€15,484
- Receivables within one year +€15,039
up €15,039 (+79.6%), from €18,882 to €33,922
of which Trade receivables: +€8,072
- Current investments -€12,760
no longer reported in 2024 (was €12,760)
- Debts after one year -€34,297
down €34,297 (-10.7%), from €320,777 to €286,480
- Reserves +€29,026
up €29,026 (+21.4%), from €135,942 to €164,968
- Other debts -€13,374
down €13,374 (-46.2%), from €28,944 to €15,570
- Profit (loss) carried forward -€6,416
no longer reported in 2024 (was €6,416)
- Gross operating margin -€14,331
down €14,331 (-14.0%), from €102,536 to €88,205
- Financial charges +€9,697
up €9,697 (+86.2%), from €11,249 to €20,946
- Taxes -€8,859
down €8,859 (-47.5%), from €18,636 to €9,777
- Depreciation +€4,980
up €4,980 (+23.9%), from €20,795 to €25,774
- Other operating charges -€1,415
down €1,415 (-41.1%), from €3,441 to €2,027
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
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 | €557,919 | €533,155 | -€24,764 | -4.4% |
| Fixed assets | 21/28 | €456,717 | €433,125 | -€23,592 | -5.2% |
| Tangible fixed assets | 22/27 | €456,717 | €433,125 | -€23,592 | -5.2% |
| Land and buildings | 22 | €413,558 | €398,074 | -€15,484 | -3.7% |
| Plant, machinery and equipment | 23 | €1,365 | €3,188 | +€1,823 | +134% |
| Furniture and vehicles | 24 | €41,793 | €31,863 | -€9,931 | -23.8% |
| Current assets | 29/58 | €101,202 | €100,030 | -€1,172 | -1.2% |
| Amounts receivable within one year | 40/41 | €18,882 | €33,922 | +€15,039 | +79.6% |
| Trade receivables | 40 | €12,611 | €20,682 | +€8,072 | +64.0% |
| Other amounts receivable | 41 | €6,272 | €13,239 | +€6,968 | +111% |
| Current investments | 50/53 | €12,760 | - | -€12,760 | |
| Cash at bank and in hand | 54/58 | €69,113 | €64,570 | -€4,543 | -6.6% |
| Deferred charges and accrued income | 490/1 | €448 | €1,538 | +€1,091 | +244% |
| Total equity and liabilities | 10/49 | €557,919 | €533,155 | -€24,764 | -4.4% |
| Equity | 10/15 | €149,358 | €171,968 | +€22,610 | +15.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €135,942 | €164,968 | +€29,026 | +21.4% |
| Distributable reserves | 133 | €135,942 | €164,968 | +€29,026 | +21.4% |
| Profit (loss) carried forward | 14 | €6,416 | - | -€6,416 | |
| Amounts payable | 17/49 | €408,562 | €361,187 | -€47,374 | -11.6% |
| Amounts payable after more than one year | 17 | €320,777 | €286,480 | -€34,297 | -10.7% |
| Financial debts | 170/4 | €320,777 | €286,480 | -€34,297 | -10.7% |
| Amounts payable within one year | 42/48 | €78,871 | €63,694 | -€15,178 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €35,739 | €36,564 | +€825 | +2.3% |
| Trade debts | 44 | €4,855 | €3,766 | -€1,089 | -22.4% |
| Suppliers | 440/4 | €4,855 | €3,766 | -€1,089 | -22.4% |
| Taxes, remuneration and social security | 45 | €9,333 | €7,795 | -€1,539 | -16.5% |
| Taxes | 450/3 | €9,333 | €7,795 | -€1,539 | -16.5% |
| Other amounts payable | 47/48 | €28,944 | €15,570 | -€13,374 | -46.2% |
| Accrued charges and deferred income | 492/3 | €8,913 | €11,013 | +€2,100 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,795 | €25,774 | +€4,980 | +23.9% |
| Other operating charges | 640/8 | €3,441 | €2,027 | -€1,415 | -41.1% |
| Gross operating margin | 9900 | €102,536 | €88,205 | -€14,331 | -14.0% |
| Operating profit (loss) | 9901 | €78,300 | €60,404 | -€17,896 | -22.9% |
| Financial income | 75/76B | €183 | €430 | +€248 | +136% |
| Recurring financial income | 75 | €183 | €430 | +€248 | +136% |
| Financial charges | 65/66B | €11,249 | €20,946 | +€9,697 | +86.2% |
| Recurring financial charges | 65 | €11,249 | €20,946 | +€9,697 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | €67,233 | €39,888 | -€27,346 | -40.7% |
| Income taxes | 67/77 | €18,636 | €9,777 | -€8,859 | -47.5% |
| Profit (loss) for the period | 9904 | €48,597 | €30,110 | -€18,487 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,597 | €30,110 | -€18,487 | -38.0% |
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 13 October 2026 via checked.be.