TRANSPARANT: 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.
TRANSPARANT
Largest movements
- Cash -€192,769
down €192,769 (-77.9%), from €247,353 to €54,584
mainly Current investments (-€120,000) and Contributions, distributions and other (-€72,434)
- Current investments +€120,000
new in 2024: €120,000
- Receivables within one year +€26,195
up €26,195 (+393.1%), from €6,664 to €32,858
of which Trade receivables: +€23,100
- Tangible fixed assets -€22,417
down €22,417 (-5.8%), from €386,694 to €364,277
of which Furniture and vehicles: -€11,221
- Other debts -€56,354
down €56,354 (-41.0%), from €137,366 to €81,013
- Reserves +€49,931
up €49,931 (+12.1%), from €414,020 to €463,951
- Tax, wage and social debts -€32,279
down €32,279 (-60.0%), from €53,834 to €21,555
- Debts after one year -€22,374
down €22,374 (-41.5%), from €53,887 to €31,513
- Financial charges -€7,388
down €7,388 (-78.0%), from €9,475 to €2,087
- Taxes +€6,085
up €6,085 (+13.2%), from €46,120 to €52,205
- Gross operating margin +€5,097
up €5,097 (+2.6%), from €194,172 to €199,268
- Financial income +€3,862
up €3,862 (+114.7%), from €3,368 to €7,229
- Depreciation -€2,523
down €2,523 (-8.9%), from €28,322 to €25,799
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 | €707,041 | €640,990 | -€66,051 | -9.3% |
| Fixed assets | 21/28 | €386,694 | €364,277 | -€22,417 | -5.8% |
| Tangible fixed assets | 22/27 | €386,694 | €364,277 | -€22,417 | -5.8% |
| Land and buildings | 22 | €325,176 | €315,323 | -€9,852 | -3.0% |
| Plant, machinery and equipment | 23 | €4,445 | €3,101 | -€1,344 | -30.2% |
| Furniture and vehicles | 24 | €57,074 | €45,853 | -€11,221 | -19.7% |
| Current assets | 29/58 | €320,347 | €276,713 | -€43,634 | -13.6% |
| Amounts receivable after more than one year | 29 | €64,782 | €67,697 | +€2,915 | +4.5% |
| Other amounts receivable | 291 | €64,782 | €67,697 | +€2,915 | +4.5% |
| Amounts receivable within one year | 40/41 | €6,664 | €32,858 | +€26,195 | +393.1% |
| Trade receivables | 40 | €6,636 | €29,736 | +€23,100 | +348.1% |
| Other amounts receivable | 41 | €28 | €3,122 | +€3,094 | +10976.4% |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €247,353 | €54,584 | -€192,769 | -77.9% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,575 | +€26 | +1.7% |
| Total equity and liabilities | 10/49 | €707,041 | €640,990 | -€66,051 | -9.3% |
| Equity | 10/15 | €432,620 | €482,551 | +€49,931 | +11.5% |
| Contributions | 10/11 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €414,020 | €463,951 | +€49,931 | +12.1% |
| Distributable reserves | 133 | €414,020 | €463,951 | +€49,931 | +12.1% |
| Profit (loss) carried forward | 14 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €274,421 | €158,439 | -€115,982 | -42.3% |
| Amounts payable after more than one year | 17 | €53,887 | €31,513 | -€22,374 | -41.5% |
| Financial debts | 170/4 | €53,887 | €31,513 | -€22,374 | -41.5% |
| Amounts payable within one year | 42/48 | €214,799 | €126,346 | -€88,453 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €22,462 | €22,451 | -€11 | 0.0% |
| Trade debts | 44 | €1,137 | €1,327 | +€190 | +16.7% |
| Suppliers | 440/4 | €1,137 | €1,327 | +€190 | +16.7% |
| Taxes, remuneration and social security | 45 | €53,834 | €21,555 | -€32,279 | -60.0% |
| Taxes | 450/3 | €53,834 | €21,555 | -€32,279 | -60.0% |
| Other amounts payable | 47/48 | €137,366 | €81,013 | -€56,354 | -41.0% |
| Accrued charges and deferred income | 492/3 | €5,735 | €580 | -€5,155 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,322 | €25,799 | -€2,523 | -8.9% |
| Other operating charges | 640/8 | €4,300 | €3,840 | -€459 | -10.7% |
| Non-recurring operating charges | 66A | €333 | €201 | -€132 | -39.6% |
| Gross operating margin | 9900 | €194,172 | €199,268 | +€5,097 | +2.6% |
| Operating profit (loss) | 9901 | €161,216 | €169,428 | +€8,211 | +5.1% |
| Financial income | 75/76B | €3,368 | €7,229 | +€3,862 | +114.7% |
| Recurring financial income | 75 | €3,368 | €7,229 | +€3,862 | +114.7% |
| Financial charges | 65/66B | €9,475 | €2,087 | -€7,388 | -78.0% |
| Recurring financial charges | 65 | €9,475 | €2,087 | -€7,388 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €155,109 | €174,570 | +€19,461 | +12.5% |
| Income taxes | 67/77 | €46,120 | €52,205 | +€6,085 | +13.2% |
| Profit (loss) for the period | 9904 | €108,989 | €122,365 | +€13,376 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,989 | €122,365 | +€13,376 | +12.3% |
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 3 October 2026 via checked.be.